By Aubrey Rose A. Inosante, Reporter
THE VALUE of the Philippines’ creative economy neared P2 trillion in 2024, the statistics agency said on Thursday.
Data from the Philippine Statistics Authority (PSA) showed the gross value added (GVA) of the country’s creative industry-related activities expanded by 8.7% year on year to P1.94 trillion in 2024 from P1.78 trillion in 2023.
However, the creative sector’s growth slowed from the 9.9% seen in 2023, and 13.3% in 2022.
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