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The World Bank
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The World Bank in the Philippines

Domestic growth is strong in the Philippines, while global challenges are affecting prospects. The Philippine government is implementing its 8-point socioeconomic agenda and the Philippine Development Plan 2023-2028 to ensure inclusive, resilient, and sustainable growth for a prosperous society.

Featured

Philippines At-A-Glance

With increasing urbanization, a growing middle class, and a large and young population, the Philippines’ economic dynamism is rooted in strong consumer demand supported by a vibrant labor market and robust remittances. Business activities are buoyant with notable performance in the services sector including the business process outsourcing, real estate, and finance and insurance industries.

Data

Project

The World Bank

Philippine Rural Development Project

The project aims to raise rural incomes of farmers and fisherfolk and improve their access to markets.

Experts

Zafer Mustafaoglu

Division Director for the Philippines, Malaysia and Brunei

Gonzalo Varela, Lead Economist and Program Leader, World Bank

Lead Economist and Program Leader

Ma. Fiorella Fabella

Senior Water Supply and Sanitation Specialist

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