By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.
MANILA, Philippines – The Organization for Economic Cooperation and Development (OECD) has slashed its 2026 economic growth forecast for the Philippines, citing mounting inflationary pressures and the fallout from the ongoing energy crisis.
In its latest economic outlook, the OECD cut its Philippine gross domestic product (GDP) growth projection to 3.2 percent this year before rebounding to 5 percent in 2027.
The Philippines is now expected to post the second-slowest growth this year among Southeast Asian economies covered by the OECD’s projections, trailing only Thailand, which is forecast to grow by 1.7 percent.
READ: OECD keeps 5.1% PH GDP growth forecast for 2026
