Fitch forecasts PH economy to grow 5.6% in 2025

Fitch Ratings forecasts the Philippine economy to grow by 5.6% in 2025, with projections of 5.8% in 2026 and 6% in 2027.

The primary drivers of this projected growth are expected to be robust infrastructure spending, thriving services exports, and private consumption bolstered by remittances.

Easing inflation and interest rates are also anticipated to support private demand, contributing to the economy's resilience.

However, Fitch Ratings identified domestic political uncertainty and global trade tensions as potential factors that could dampen the country's economic momentum.

Specific political risks include the performance of President Marcos' allies in midterm elections and recent corruption scandals, which could pose a downside risk to investments.