Philippines posted above-target GDP growth of 7.6% in 2022

The Philippines’ gross domestic product (GDP) grew by 7.2 percent in the fourth quarter of 2022, resulting in a 7.6 percent full-year growth, according to the Philippine Statistics Authority. The preliminary figure for 2022 surpasses the government’s target GDP growth range of 6.5 percent to 7.5 percent. National Statistician Dennis Mapa said in a press … Continue reading Philippines posted above-target GDP growth of 7.6% in 2022