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Philippine IT-BPM industry expected to outpace global growth

10 June 2025
in Business
Reading Time: 4 mins read
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Philippine IT-BPM industry expected to outpace global growth
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By Justine Irish D. Tabile, Reporter

THE GROWTH of the Philippine information technology and business process management (IT-BPM) industry this year is expected to outpace the global average in terms of job generation and export revenues, an industry group said.

“We have grown to 1.82 million in 2024 and will hit 1.9 million by the end of 2025. So, we are closing in on the 2-million mark. What we will also hit in 2025 is $40 billion in export revenue,” IT & Business Process Association of the Philippines (IBPAP) President and Chief Executive Officer Jonathan R. Madrid said at a press briefing late on Monday.

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