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Philippine Q3 GDP growth slows sharply as corruption mess stalls public spending by Aubrey Rose A. Inosante, Reporter
Philippine economic growth decelerated to 4.0% in the third quarter of 2025, the slowest pace in over four years and since the pandemic.
This slowdown was primarily attributed to a contraction in public construction, which was negatively impacted by a corruption scandal involving state infrastructure projects.
The corruption issues have dampened both consumer and investor sentiment, contributing to reduced growth in the services and industry sectors.
Household consumption also saw a decline, influenced by weather-related disruptions and potential corruption.
The third-quarter GDP growth of 4.0% fell short of the government's annual target of at least 5.5%.
The Department of Economy, Planning, and Development Secretary Arsenio M. Balisacan stated that the performance highlights the urgent need to address challenges and strengthen the country's economic foundations.
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See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.
The Philippine economy likely grew by 5.3% in the third quarter of 2025, a slowdown from the 5.5% expansion in the second quarter, according to a median forecast of 18 economists and analysts.
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The Philippine economy grew by 4% in the third quarter of 2025, a slowdown from the 5.5% growth in the second quarter and below the government's target of 5.5-6.5%.
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