Philippines Could Unlock 1.8 Trillion in Growth Through AI

The Philippines, now recognized as Southeast Asia’s fastest-growing digital economy, is poised for a massive economic transformation fueled by artificial intelligence (AI).

- By LIONELL MACAHILIG

A new report by London-based research agency Public First projects that AI could add as much as P1.8 trillion (US$31 billion) to the nation's economy—equivalent to a 7% boost in gross value added (GVA).

The study titled “Turbocharging Growth: The Philippines’ AI Opportunity” highlights Al’s potential to sustain the country’s growth momentum while reshaping industries, jobs, and everyday life.

AI's Impact on Filipinos and the Workforce

According to the report, half of Filipinos already use AI tools weekly, and optimism runs high: 46% believe AI will benefit the nation, while 50% expect personal gains from the technology.