PH IT-BPM sector on track to hit $40B revenue, 1.9M jobs target

The Philippine IT-BPM sector is on track to achieve its $40 billion revenue and 1.9 million employment targets by the end of 2025, with export revenues showing a 5 percent increase and job growth at 4 percent.

This growth rate outpaced the global industry average of 3 percent in 2025, according to the IT and Business Process Association (IBPAP).

IBPAP president and CEO Jack Madrid attributed the sector's success to a strong ecosystem, resilient companies, and the high-value work of Filipino digital workers.

The IT-BPM sector is projected to generate $42 billion in export revenues and reach 1.97 million jobs by 2026.

A significant development in 2025 was the expansion of global capacity centers, indicating rising demand for Filipino professionals in various high-value roles.

The IT-BPM sector currently accounts for over 8 percent of the Philippine gross domestic product.

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