IMF keeps PHL 2025 growth forecast at 5.5%

The International Monetary Fund (IMF) maintained its 2025 growth forecast for the Philippines at 5.5 percent, consistent with the government's target range.

The IMF revised upward its 2026 growth projection for the Philippines to 5.9 percent, a slight increase from its previous 5.8 percent forecast.

This 2026 forecast remains below the government's target range but is higher than projections for Indonesia, Malaysia, and Thailand.

The IMF projects the Philippines' GDP growth this year to outpace that of Indonesia, Malaysia, and Thailand.

However, the IMF noted that global uncertainty, including a new 19% tariff on Philippine goods announced by US President Donald J. Trump, may limit growth in emerging markets.