2nd Quarter Gdp 2024 Philippines. The nation's gross domestic product (gdp) recorded strong growth, outpacing the 5.8 percent expansion seen in the first quarter of 2024 and was the highest since the 6.4. Manila, philippines — the philippine economy posted a faster growth rate in the second quarter, despite anemic consumption spending amid increased investments and government spending.

National statistician dennis mapa (left) and national economic and development authority secretary arsenio balisacan hold a press briefing on thursday (aug. The state of the philippine economy across seven major sectors and themes.