PH Economy Grows 5.4% in Q1 2025, Led by Services and Industry Sectors

The Philippine economy posted a 5.4% growth in the first quarter of 2025, slightly up from 5.3% in Q4 2024, according to data from the Philippine Statistics Authority (PSA). This marks the fastest quarterly growth since Q3 2024, although it remains lower than the 5.9% expansion seen in Q1 last year.

PSA chief Claire Dennis Mapa reported that the country’s GDP rose to ₱5.477 trillion at constant prices, driven by strong performances across all major sectors: Agriculture (up 2.2%), Industry (4.5%), and Services (6.3%).

Planning Undersecretary Rosemarie Edillon said GDP must grow by at least 6.2% in the remaining quarters to hit the government’s 6–7% full-year growth target.