12K views · 38 reactions | The Philippine Gross Domestic Product (GDP) recorded a year-on-year growth of 5.2 percent in the fourth quarter of 2024, bringing the full-year 2024 GDP year-on-year growth rate to 5.6 percent. Read the latest results of #PHGDP: https://psa.gov.ph/node/1684066634 | Philippine Statistics Authority | Facebook

GDP Expands by 5.7 Percent in the First Quarter of 2024 The Philippine Gross Domestic Product (GDP) posted a year-on-year growth of 5.7 percent in the first quarter of 2024. The main contributors to the first quarter 2024 growth were: Financial and insurance activities, 10.0 percent; Wholesale and retail trade; repair of motor vehicles and motorcycles, 6.4 percent; and Manufacturing, 4.5 percent. All major economic sectors, namely: Agriculture, forestry, and fishing (AFF); Industry; and Services