FX.co ★ Philippines GDP Growth Eases to 2.1% in Q3 2026, Down from 2.3% in Previous Quarter

Philippine economic growth slowed slightly in the third quarter of 2026, with year-over-year GDP expanding by 2.1%, compared with a revised 2.3% rise in the second quarter of 2026. The latest data, updated on 09 November 2026, signal a modest loss of momentum in the country’s growth trajectory.

Both figures are measured on a year-over-year basis, meaning the third-quarter result compares economic output in Q3 2026 with the same period a year earlier, while the previous reading did the same for Q2 2026. The marginal deceleration suggests that while the economy continues to grow, it is doing so at a slightly slower pace than earlier in the year, a trend that investors and policymakers will be watching closely in the coming months.