The Philippine economy’s gross domestic product (GDP) growth slowed to 5.5 percent in the second quarter of 2025 from 6.5 percent in the same period last year, official data released on Thursday showed.
National Statistician Claire Dennis Mapa said gross national income (GNI) grew 8.2 percent. The Net Factor Income from Abroad (NFIA) expanded by 32.8 percent.
On a seasonally adjusted basis, GDP in the April to June period rose 1.5 percent quarter-on-quarter, while GNI increased 2.3 percent.
Sectoral growth
The agriculture sector expanded by 7 percent year-on-year, the services sector by 6.9 percent and the industry sector by 2.1 percent.
On a seasonally-adjusted basis, the agriculture sector grew 1.7 percent, the services sector by 2 percent and the industry sector by 0.5 percent.
Per capita GDP
Growth in per capita GDP slowed to 4.6 percent in the second quarter of 2025 from 5.5 percent in the second quarter of 2024.
Per capita GNI rose 7.3 percent, compared with a 7.2 percent increase a year earlier.