Key facts
- The World Bank maintained its 2026 growth forecast for the Philippines at 3.7%.
- Weak investment and consumption are cited as reasons for the forecast.
- The World Bank anticipates a slower economic recovery next year.
- Growth is projected to rebound to 5.2% in 2027.
The World Bank has retained its economic growth forecast for the Philippines for the year 2026, setting it at 3.7%. This projection is primarily influenced by prevailing conditions of weak investment and subdued consumption within the country. The international financial institution anticipates that the Philippine economy will experience a slower recovery in the upcoming year. Looking further ahead, the World Bank projects that economic growth will rebound more significantly in 2027, with an estimated growth rate of 5.2%. This outlook indicates a period where the Philippines' economic expansion is expected to be moderate in the short term, with expectations for a stronger performance in the medium term.