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Home News Item Philippines lowers 2023 GDP growth to 5.5 pct from 5.6 pct
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Philippines lowers 2023 GDP growth to 5.5 pct from 5.6 pct

april 04, 2024by Reacties uitgeschakeld voor Philippines lowers 2023 GDP growth to 5.5 pct from 5.6 pct

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MANILA, April 4 (Xinhua) — The Philippine Statistics Authority on Thursday revised down the country’s 2023 gross domestic product (GDP) growth rate to 5.5 percent from 5.6 percent.

The revision was made after the statistics agency modified GDP growth rate in the fourth quarter last year to 5.5 percent from 5.6 percent.

In addition, the Philippines lowered its GDP target range to 6-7 percent from 6.5-7.5

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