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Philippines misses GDP target with 5.6 pct growth in 2024

januari 30, 2025by Reacties uitgeschakeld voor Philippines misses GDP target with 5.6 pct growth in 2024

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MANILA, Jan. 30 (Xinhua) — The Philippines’ gross domestic product (GDP) expanded by 5.6 percent in 2024, below the government’s target range of 6 percent to 6.5 percent, the Philippine Statistics Authority (PSA) said Thursday.

“While (the GDP growth) falls short of our target of 6 to 6.5 percent, we are positioned as the third-fastest growing economy in the region,” National Economic and Development Authority

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