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Analysis by Region - Emerging Markets - Philippines

Publisher Oxford Economics
Published Jun 25, 2025
Length 8 Pages
SKU # OFE20204899

Description

The conflict in the Middle East has intensified headwinds to an already fragile outlook for the Philippines' economy. Although we maintain our forecast that GDP growth will slow to 5.5% y/y in 2025, down from 5.7% in 2024, the risks are now tilted to the downside.

Table of Contents

8 Pages
Philippines: Growth risks tilt to the downside amid geopolitical tensions
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Alternative long-run scenarios
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics

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