Philippines Gdp Growth 2024. The main contributors to the first quarter 2024 growth were:. The gross domestic product (gdp) in philippines expanded 1.30 percent in the first quarter of 2024 over the previous quarter.

Gdp in philippines is expected to reach 465.13 usd billion by the end of 2024,. The first scenario projects gdp growth of 4.8 percent if there are challenging conditions—such as declining trade and accelerated inflation—which could keep key policy rates high at about 6.5 percent and dampen private consumption,.