Philippine economy expands 5.4% in Q1; net primary income up 24.6%

The Philippines’ GDP grew by 5.4 per cent YoY in Q1 2025, driven by wholesale and retail trade, financial services, and manufacturing, as per Philippine Statistics Authority.
All major sectors posted growth, with services leading at 6.3 per cent.
Household and government spending rose, along with exports and imports.
Gross national income increased 7.5 per cent.Read More