The World Bank has lowered its economic growth forecast for the Philippines in 2027 to 5.2%.

date
03/08/2026
The World Bank Group has downgraded its economic growth forecast for the Philippines next year to 5.2%, but it expects investment to rebound as the Philippine central bank resumes its easing policy. In its mid-year edition of the "Philippine Economic Outlook," the World Bank stated: "In the baseline scenario, with an increasingly stable governance environment and the gradual recovery of public investment, the Philippine central bank's resumption of easing policy will lead to a rebound in economic growth to 5.2% by 2027." Note: The latest 2027 growth forecast is lower than the 5.6% projected in the June "Global Economic Outlook." The World Bank pointed out: "Under the baseline scenario, as investment returns to normal and the financial environment becomes more accommodative, economic growth is expected to converge towards potential growth from 2027 to 2028." The World Bank forecasts an economic growth rate of 3.7% for the Philippines in 2026.