Philippine GDP grows 5.2% in Q4 of ’24

The Philippine gross domestic product (GDP) grew 5.2 in the fourth quarter of 2024, resulting in a full-year growth of 5.6 per cent, as per a statement published by the country’s statistics authority on Thursday.

In the fourth quarter of 2024, key contributors to year-on-year growth were wholesale and retail trade (5.5 per cent), financial and insurance activities (8.5 per cent), and construction (7.8 per cent), the report added.

Attribution: Amwal Al Ghad English

Subediting: Y.Yasser

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