The Philippine economy expanded by an estimated 5.3 percent in the fourth quarter of last year, propelled by electronics exports, according to a report released Monday by Moody’s Analytics.
The projected expansion is quicker than the 4 percent growth posted in the third quarter of the year.
“Robust demand for electronics likely supported exports toward the end of the year, while extreme weather events weighed on economic activity by disrupting agriculture, infrastructure and household consumption,” the report said.
For the entire 2025 period, Moody’s Analytics expects gross domestic product (GDP) growth to reach 5.1 percent, falling short of the government’s revised target range of 5.5 to 6.5 percent.
Economic output averaged 5 percent during the first three quarters of 2025.
The Philippine Statistics Authority is scheduled to release official full-year GDP figures on Thursday.
Earlier, economic managers warned of a moderation in growth for 2025 after the third-quarter deceleration, attributing the slowdown to weather-related disturbances and lower public spending linked to issues involving flood control projects.
They also noted that corrective reforms have since been put in place to help avoid similar setbacks going forward.
PNA PHOTO