MANILA The Philippine economy is projected to grow by 6% in 2025, according to the latest report from the Asian Development Bank (ADB). This growth rate will help maintain the Philippines’ status as one of Southeast Asia’s fastest-growing economies, driven by robust domestic consumption, infrastructure development, and strong remittance inflows.
The ADB’s forecast reflects confidence in the country’s economic resilience, despite global uncertainties and inflationary pressures. Key sectors such as manufacturing, services, and construction are expected to continue contributing to the country’s economic momentum.
Government officials are optimistic that the Philippines will remain an attractive destination for foreign investment, with ongoing reforms aimed at improving business climate and infrastructure.
