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AMRO sees steady growth for Phl economy amid external headwinds

September 27, 2025

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The Freeman

The Philippine economy is set to expand at a steady pace in the next two years, underpinned by strong private consumption and a stable labor market, according to the ASEAN+3 Macroeconomic Research Office (AMRO).

AMRO sees steady growth for Phl economy amid external headwinds

According to AMRO, sustaining momentum will require deeper reforms and greater investment in infrastructure, climate resilience and workforce upskilling to prepare for the age of artificial intelligence. PHOTO FROM AMRO-ASIA WEBPAGE

(PHOTO FROM AMRO-ASIA WEBPAGE)

But the research firm said, sustaining momentum will require deeper reforms and greater investment in infrastructure, climate resilience and workforce upskilling to prepare for the age of artificial intelligence.

In its preliminary assessment following an annual consultation mission to Manila this month, AMRO projected GDP growth of 5.6 per cent in 2025 and 5.5 per cent in 2026. The outlook reflects robust household demand, even as private investment and exports face headwinds from US tariff policies.

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