MANILA, Philippines — The Philippine economic growth slowed in the fourth quarter of 2025, the Philippine Statistics Authority (PSA) reported on Thursday, bringing full-year growth below the government’s target.
Gross domestic product (GDP) slumped by 3 percent in the fourth quarter, down from 4 percent in the third quarter and markedly slower than the 5.3 percent recorded in the same period last year.
This is lower than the 4.6-percent median in a Manila Times poll of economists. This brought the full-year 2025 growth to 4.4 percent, lower than the 5.7 percent posted growth in 2024 and below the government's target range of 5.5 to 6.5 percent.
