FX.co ★ Philippines GDP Growth Nearly Stalls in Q3 2026, Slipping to 0.1% QoQ

The Philippine economy slowed sharply in the third quarter of 2026, with quarter-over-quarter GDP growth easing to 0.1%, down from 0.6% in the second quarter of 2026. The latest figures, updated on 09 November 2026, indicate that momentum has nearly stalled on a sequential basis.

The data are measured on a quarter-over-quarter basis, meaning the current 0.1% reading reflects the change in GDP in the third quarter compared with the second quarter of 2026. By contrast, the previous 0.6% figure captured growth in the second quarter versus the first quarter of 2026. The marked deceleration suggests a weakening short-term growth trend and will likely sharpen investor and policymaker focus on the underlying drivers of the slowdown and the outlook for the remainder of the year.