World Bank Keeps 2026 Philippine Growth Forecast at 3.7%, Sees Slower Recovery
Economy

World Bank Keeps 2026 Philippine Growth Forecast at 3.7%, Sees Slower Recovery

The World Bank maintained its 2026 growth forecast for the Philippines at 3.7%, but indicated that the economy's recovery next year is likely to be slower than previously expected.

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  • World Bank Maintains Slower 3.7% 2026 Growth Forecast for Philippines

    The World Bank has maintained its 3.7% economic growth forecast for the Philippines in 2026, citing policy uncertainty and surging energy prices as key drivers. Despite an anticipated graduation to upper-middle-income status in 2025, sustained development hinges on expanding social protection, controlling inflation, and improving the investment climate.

  • World Bank Lowers Philippines Growth Outlook Amid Global Uncertainties

    The World Bank maintained its economic growth forecast for the Philippines in 2026 but revised down projections for 2027 and 2028, citing global uncertainties and the Middle East conflict impacting the investment climate. Inflation is expected to exceed the target band this year but return within it from next year onwards.