Fitch Ratings expects Philippine economy to expand by 5.6% in 2025
Fitch Ratings expects the Philippine economy to expand by 5.6 per cent this year and by over 6 per cent in the medium term. Domestic political uncertainty could affect investment, while global trade tensions will likely drag on growth. The country’s terms of trade could benefit from lower commodity prices or diversion of Chinese exports. Tech changes poses risks to the large outsourcing sector.
Fitch Ratings expects the Philippine economy to expand by 5.6 per cent this year and by over 6 per cent in the medium term.
Domestic political uncertainty could affect investment, while global trade tensions will likely drag on growth.
The country’s terms of trade could benefit from lower commodity prices or diversion of Chinese exports.
Tech changes poses risks to the large outsourcing sector.
