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Philippine digital economy balloons to P2.25 trillion
The Freeman
|May 05, 2025
The value of the Philippine digital economy went up by 7.7 percent last year amid increasing use of digital services.
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Data released by the Philippine Statistics Authority showed that the Philippine digital economy was valued at P2.25 trillion in 2024, up from P2.09 trillion in 2023.
However, while the value of the digital economy went up, its contribution to the country’s gross domestic product slipped to 8.5 percent last year from 8.6 percent in 2023.
The digital economy covers transactions under four key components: digital-enabling infrastructure, digital content and media, e-commerce and government.
Of the key components, digital-enabling infrastructure contributed the largest share at P1.88 trillion last year.
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