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