THE PHILIPPINES is expected to remain one of Southeast Asia’s fastest-growing economies over the next three years despite a slowdown in 2025 triggered by a corruption scandal, according to S&P Global Market Intelligence.
“Based on our data, the country is projected to remain one of the fastest economies in the region, second only to Vietnam,” Rodeza Mones, sector editor for news and research at S&P Global Market Intelligence, told an investment forum on Thursday.
The Philippines’ real gross domestic product (GDP) grew 4.76% in 2025, down from 5.64% in 2024. S&P now projects growth will accelerate to 5.66% in 2026, 5.84% in 2027, and 5.78% in 2028, though these estimates are lower than its prior 6.5% projections for 2027 and 2028.
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