In 2023, the combined sales of quick-service restaurants (QSR) or limited-service restaurants (LSR) in the Philippines reached 7.06 billion U.S. dollars, reflecting an increase from the previous year. Fast food restaurant sales in the Philippines dropped in 2020 during the COVID-19 pandemic but has since reflected growth in the following years.
Sales of quick service restaurants in the Philippines 2017 to 2023, with forecasts for 2024 and 2025
(in billion U.S. dollars)
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USDA Foreign Agricultural Service. (December 17, 2024). Sales of quick service restaurants in the Philippines 2017 to 2023, with forecasts for 2024 and 2025 (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 18, 2025, from https://www.statista.com/statistics/1274001/philippines-quick-service-restaurant-sales/
USDA Foreign Agricultural Service. "Sales of quick service restaurants in the Philippines 2017 to 2023, with forecasts for 2024 and 2025 (in billion U.S. dollars)." Chart. December 17, 2024. Statista. Accessed May 18, 2025. https://www.statista.com/statistics/1274001/philippines-quick-service-restaurant-sales/
USDA Foreign Agricultural Service. (2024). Sales of quick service restaurants in the Philippines 2017 to 2023, with forecasts for 2024 and 2025 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 18, 2025. https://www.statista.com/statistics/1274001/philippines-quick-service-restaurant-sales/
USDA Foreign Agricultural Service. "Sales of Quick Service Restaurants in The Philippines 2017 to 2023, with Forecasts for 2024 and 2025 (in Billion U.S. Dollars)." Statista, Statista Inc., 17 Dec 2024, https://www.statista.com/statistics/1274001/philippines-quick-service-restaurant-sales/
USDA Foreign Agricultural Service, Sales of quick service restaurants in the Philippines 2017 to 2023, with forecasts for 2024 and 2025 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1274001/philippines-quick-service-restaurant-sales/ (last visited May 18, 2025)
Sales of quick service restaurants in the Philippines 2017 to 2023, with forecasts for 2024 and 2025 (in billion U.S. dollars) [Graph], USDA Foreign Agricultural Service, December 17, 2024. [Online]. Available: https://www.statista.com/statistics/1274001/philippines-quick-service-restaurant-sales/
