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IT-BPM industry: A vital economic pillar

September 15, 2025

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The Freeman

The country’s information technology and business process management (IT-BPM) industry, which has created over 300,000 jobs and generated more than $8 billion in revenue since 2022, aims to continue growing as it navigates the rise of artificial intelligence (AI) and other global shifts.

In a statement, the IT and Business Process Association of the Philippines (IBPAP) said the industry remains a vital economic pillar for the country, creating 370,000 direct jobs and bringing in $8.5 billion in revenue since the launch of its industry roadmap in 2022.

These led the IT-BPM industry to close 2024 with 1.82 million direct employees and $38 billion worth of revenues.

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