UN projects strong PH economic growth in 2025, 2026

The Philippines is projected to be one of the strongest economic performers in Southeast Asia, with its growth expected to accelerate in 2025 and 2026, according to a report by the UN Department of Economic and Social Affairs.

The UN forecasts the Philippine economy to grow by 6.1 percent in 2025 and further increase to 6.2 percent in 2026.

This sustained growth is attributed to strong domestic demand, continuous public investments, effective recent investment policy reforms, a dynamic labor market, and a thriving services sector.

Key drivers for economic expansion include robust investment activity, strong private consumption, and the support from monetary easing due to lower inflation.

Furthermore, consistent remittance inflows are expected to boost household income and spending, while improved government revenue collection allows for sustained public infrastructure spending, unlocking long-term growth potential.