Gdp 2024 Philippines Customs. The dbcc retained its deficit program, which will decline from 5.7 percent of gdp in 2024 to 3.7 percent of gdp in 2028. Import value increased in april 2024 the total imported goods in april 2024 amounted to usd 10.98 billion, indicating an annual increase of 12.6 percent from the usd.
The philippines is expected to post a faster growth of 5.8 to six percent this year from a year ago, with the expansion to be supported by government spending as well as. The economy slowed sharply in q2 and we expect below trend growth to persist over the rest of the year as tight monetary policy, slower growth in remittances and soft export.
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