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Analysis by Region - Emerging Markets - Philippines

Publisher Oxford Economics
Published Dec 16, 2025
Length 8 Pages
SKU # OFE20686037

Description

We forecast GDP growth in the Philippines will gain pace to 5.6% y/y in 2026, up from an estimated 4.9% in 2025. Activity next year will be supported by earlier rate cuts feeding through the economy. But unexpected policy shifts, softer global demand, and geopolitical tensions pose downside risks.

Table of Contents

8 Pages
Philippines: BSP's easing cycle nearing its end
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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