Philippines
The Philippine economy grew at a slower rate in 2025 at 4.4%, compared with 5.7% in 2024.
The country's gross domestic product (GDP) posted a year-on-year growth of 3.0% in the fourth quarter of 2025, according to latest data from the Philippine Statistics Authority.
On the supply side, the services sector drove overall growth, increasing by 5.2% in the last quarter and 5.9% for the whole of 2025.
On the demand side, exports of goods and services posted the highest growth at 13.2% in the fourth quarter and second highest at 8.1% in 2025 to government consumption's 9.1%.
The gross national income grew year-on-year by 3.9% in the fourth quarter , which brought the full-year 2025 growth to 6.1%. (Access the latest statistics from BIMP-EAGA's subregional database.)
The Philippine Development Plan, 2023–2028 lays out the government’s socioeconomic agenda and strategies. Launched in December 2022, the plan aims to guide the economy back to a high growth trajectory, reinvigorate the creation of high-quality jobs, and accelerate poverty reduction. It prioritizes further investment in infrastructure and human capital development, climate change mitigation and adaptation, and targeted social assistance.
In the Philippines, BIMP-EAGA covers the entire island of Mindanao and the island province of Palawan.
Mindanao and Palawan are part of the Greater Sulu–Sulawesi Corridor (GSSC), which also includes North Sulawesi in and Sabah.
BIMP-EAGA is planning to reconfigure and expand its three existing economic corridors and develop a fourth economic corridor.
BIMP-EAGA Officials and Contacts in the Philippines
BIMP-EAGA Signing Minister
Mr. Leo Tereso Abellera Magno
Secretary and Chairperson
Mindanao Development Authority (MinDA)
Alternate Senior Official
Ms. Janet Lopoz
Undersecretary and Executive Director
Mindanao Development Authority
National Secretariat
Mr. Romeo Montenegro
Assistant Secretary and Deputy Executive Director
Mindanao Development Authority
Mr. Rodrigo Giducos
Director for Investments Promotion and Public Affairs
Mindanao Development Authority
Mr. Jonathan Miral
Development Management Officer V (Division Chief)
International Relations Division
Mindanao Development Authority
Ms. Eamarie Gilayo
Development Management Officer III
International Relations Division
Mindanao Development Authority
Mr. Amhed Jeoffrey Datukan
Development Management Officer III
International Relations Division
Mindanao Development Authority