Philippines’ PMI February 2025

According to the latest data from S&P Global Market Intelligence, the Philippines’ Purchasing Managers' Index (PMI) reached 51 in February 2025, above the 50-point threshold that separates growth from contraction.

Philippines factory activity grew at a slower pace for the second consecutive month in February, following the waning of the typical demand surge seen during the holiday season. However, rising backlogs led to a renewed increase in employment.

Despite the slight cooldown in growth in new orders and moderated output, manufacturers raised their employment levels for the first time in three months.

In its latest outlook, the International Monetary Fund estimated the Philippines’ GDP growth rate at 6.1 per cent in 2025. 

The Association of Southeast Asian Nations (ASEAN) is a political and economic union of ten members, has 667 million people and a territory of 4.5 million Km2; is currently the third largest economy in Asia-Pacific and the fifth largest in the World. The ASEAN Economic Community (AEC) has a combined GDP of USD 4.2 trillion, according to estimates for 2024.