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5.5% and Rising: Building on PH economic momentum
The Philippine Star
|August 22, 2025
According to the Department of Economy, Planning and Development (DEPDev), the Philippine economy grew by 5.5% in the second quarter of 2025—among Asia's fastest, fueled by strong domestic demand that cushioned the nation from mounting global uncertainties.
The department further announced that the country's Q2 gross domestic product (GDP) outperformed several of its regional peers, including China (5.2%), Indonesia (5.1%), Malaysia (4.5%), and Singapore (4.3%). The figure that speaks volumes about the local economy's resilience and evolving potential.
Looking ahead, the government projects full-year GDP growth between 5.5% and 6.5%, supported by infrastructure spending, robust services, and sustained domestic demand. This growth, driven largely by the services sector, underscores a vital truth: the Philippines is not just recovering; it is reimagining itself.
Among the standout contributors to this Q2 expansion are real estate activities, which surged by 6.1%, and professional services, which rose by 5.8%. These numbers are more than statistics—they are signals of transformation. They reflect a society investing in spaces, systems, and services that elevate quality of life and economic dynamism.
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