Philippine Annual GDP in 2018 is 6.2% – Lower than the GDP in 2017
PHILIPPINE ANNUAL GDP – The annual Gross Domestic Product (GDP) of the Philippines in year 2018 decreased to 6.2%.
Usually, every quarter and every start of a new year, the data about the Gross Domestic Product (GDP) of the country is released to the public. One reason is for the awareness of the Filipino on the standing of the economy.
Recently, the PH’s GDP for the 4th quarter of 2018 was released. According to DZRH News on its official Twitter page, the GDP of the country for the 4th quarter of last year rose to 6.1%.
With regards to the over-all Philippine annual GDP, it is at 6.2% in year 2018. It is quite lower compared to the country’s annual GDP in the year 2017.
Based on another post of DZRH News on its social media account, the annual GDP of the Philippines in 2017 was at 6.7%. There is a .5 difference between the 2017 and 2018 GDP of the country.
As of this writing, there are still no additional details with regards to the data released. We’ll keep you posted for updates.
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