PH economy misses growth target anew, slows down to 4.4% in 2025
The Philippines ended the year 2025 with a lackluster economic performance as the growth rate fell short of the government's target for the third consecutive year.
At a press conference in Quezon City on Thursday, Philippine Statistics Authority (PSA) chief and National Statistician Claire Dennis Mapa reported that the economy as measured by gross domestic product (GDP)—the value of goods and services produced in a period—grew 3% in the October to December 2025 period, slower that the downwardly revised 3.9% growth rate seen in the third quarter of 2025.
The fourth quarter economic performance brought the full-year 2025 growth rate to 4.4%, falling below the Marcos administration's target growth rate of 5.5% to 6.5% for the year.
This marked the third straight year that the country failed to hit its economic growth target—5.6% in 2024, below the 6% to 6.5% and 5.5% in 2023, lower than the 6% to 7% target. — VDV, GMA Integrated News