Growth rate of value added in industry Philippines 2012-2024

Published by
Christy Balita,
May 21, 2025

The value added of the industrial sector in the Philippines registered a *** percent growth between 2023 and 2024. This was higher than the growth rate registered by the sector between 2022 and 2023. The industry's contribution to the Philippine economy was lowest in 2020, which contracted by about ** percent.

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Growth rate of value added in industry in the Philippines from 2012 to 2024

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Release date

April 2025

Region

Philippines

Survey time period

2012 to 2024

Supplementary notes

Data prior to 2020 comes from previous reports.

Figures are in comparison to the previous year.

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