Philippine economic growth eased in the fourth quarter of 2025, with gross domestic product (GDP) expanding 3.0% year-over-year, down from a revised 3.9% pace in the third quarter of 2025. The latest data, updated on 29 January 2026, indicate a noticeable moderation in the country’s growth momentum toward the end of the year.
The figures are based on a year-over-year comparison, meaning the 3.0% reading for the fourth quarter reflects the change in output relative to the same quarter a year earlier. Similarly, the previous 3.9% figure for the third quarter compared GDP levels to the corresponding quarter of the prior year. The deceleration suggests that the Philippine economy faced increasing headwinds late in 2025, with the slowdown in annual growth likely to be a key focus for policymakers and market participants in the months ahead.
