Fishermen unload their modest catch at the Noveleta fish port, April 26. The ocean-based industries’ contribution to the Philippine economy fell to its lowest level in four years in 2025, data from the statistics agency showed. — THE PHILIPPINE STAR/NOEL B. PABALATE
By Isa Jane D. Acabal, Researcher
OCEAN-BASED INDUSTRIES’ contribution to the Philippine economy dropped to a four-year low in 2025, weighed down by a decline in fishery production amid softer global trade, weather disruptions and higher operating costs, analysts said.
Preliminary data from the Philippine Statistics Authority (PSA) showed the ocean economy accounted for 3.8% of the gross domestic product (GDP) at current prices in 2025, slipping from the revised 3.9% in 2024.
The sector’s share of GDP was the lowest since the 3.7% posted in 2021.
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