The Philippine economy grew by 5.5% in the second quarter of 2025, according to the Philippine Statistics Authority (PSA).
According to National Statistician Claire Dennis Mapa, all major sectors—Agriculture, Forestry and Fishing; Industry; and Services—posted growth of 7.0%, 2.1%, and 6.9%, respectively.
Out of the 16 sectors that make up the Gross Domestic Product (GDP), the highest growth was recorded in Public Administration and Defense, Compulsory Social Security at 12.8%. This was followed by Education; Human Health and Social Work Activities; and Transportation and Storage.
The main contributors to growth were found in the industry sector such as the Wholesale and Retail Trade, including the repair of motor vehicles and motorcycles; Public Administration and Defense, Compulsory Social Security; and Financial and Insurance Activities, contributing 0.9, 0.7, and 0.6 percentage points, respectively.
On the expenditure side, major contributions to GDP growth came from: Household Final Consumption Expenditure with 3.7 percentage points, Government Final Consumption Expenditure contributing 1.5 percentage points, and Durable Equipment with 0.6 percentage points.
While this quarter’s 5.5% growth is slightly faster than the 5.4% in the first quarter of 2025, it still lags behind the 6.5% growth recorded in the second quarter of 2024.
Despite this, the Philippines remains among the fastest-growing economies in Asia amid global challenges, according to Department of Economy, Planning, and Development (DEPDev) Secretary Arsenio M. Balisacan.