2024 Gdp Forecast Philippines. Recently, the asean+3 macroeconomic research office (amro) projected that the philippines’ gdp growth this year would be 6.3%. Gdp growth rate in philippines is expected to be 1.20 percent by the end of this quarter, according to trading.
The economy slowed sharply in q2 and we expect below trend growth to persist over the rest of the year as tight monetary policy, slower growth in remittances and soft export. The 2024 gross domestic product (gdp) forecast is maintained at 6.2%, with household consumption and public spending on infrastructure and social services seen.