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Growth rate of the gross domestic product (GDP) of the services sector in the Philippines from 1st quarter 2020 to 4th quarter 2024

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Source

Release date

January 2025

Region

Philippines

Survey time period

Q1 2020 to Q4 2024

Supplementary notes

Figures are at current 2018 prices. 

Citation formats

Quarterly GDP growth rate of services sector Philippines 2020-2024

Published by Jenny Yang, May 28, 2025

The services sector in the Philippines registered a *** percent growth rate during the fourth quarter of 2024, just slightly higher than the growth rate of the previous quarter. The services sector registered its highest growth rate during the second quarter of 2020 after its contraction in the first quarter of that year.

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