Philippines Economy in a Snapshot Q1 2022 Report

What does this quarterly economic report offer? 


Philippines Economy in a Snapshot is a quarterly publicatiŠ¾n produced by the CEIC Macroeconomic Research Team. The report is designed to provide a comprehensive, albeit concise overview of the current economic and financial developments. The Philippines Economy in a Snapshot report is produced using data from CEIC's Global Database.


Bolstered by a low base, GDP increased on a real-terms basis by 7.7% y/y in Q4 2021. GDP was also up by a seasonally adjusted 3.1% q/q in Q4 2021, matching the increase in Q3. Over the calendar year, 2021 real GDP growth averaged 5.6%, beating the government’s target range of 4.5% to 5.5% and bouncing back from a sharp decline of 9.6% in 2020.


This report provides detailed sets of analysis, with a focus on the following macroeconomic groupings:

  • Philippines' economic outlook
  • Real Sector
  • Monetary and Financial Sector
  • Fiscal Sector
  • External Sector