Tag page - Gross domestic product

Agriculture Secretary William Dar said the drop in the agriculture sector’s contribution to the country’s gross domestic product (GDP) in 2020 was “negligible” and even took this as a sign of recovery for the sector. Department of Agriculture Secretary William Dar (Department of Agriculture...

The Philippines posted its worst economic performance on record last year after the coronavirus pandemic crippled consumer spending and business activity. Jeepney drivers wearing face masks queue up to receive food packs from a concerned citizen on a road in Manila on August 6, 2020. (AFP / FILE...

Michael Gerard “Mike” Enriquez Sun Life Philippines expects the Philippine economy to undergo a “U-shaped,” a longer type of recovery and a return to trend line growth in the next two years.  Michael Gerard D. Enriquez, Sun Life chief investments officer, said the country’s economy,...

The World Bank expects the Philippine economy to slip deeper than initially estimated, but the level of contraction will be less severe than the Duterte administration’s projection. A motorcyclist travels along a deserted road in Bonifacio Global City, Metro Manila, the Philippines. (Geric...