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Ekonomiya ng bansa, nanatiling matatag sa pagtatapos ng 2024 ayon sa PSA;
PTVPhilippines
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1/31/2025
Ekonomiya ng bansa, nanatiling matatag sa pagtatapos ng 2024 ayon sa PSA;
GDP na 5.6%, naitala sa kabuuang taon ng 2024
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Transcript
Display full video transcript
00:00
As the Philippine economy continues to grow in 2024,
00:04
the gross domestic product of the country increased by 5.6%.
00:10
And this year, according to the NEDA,
00:13
the government will further strengthen the import and export.
00:18
This is Christian Bascones of PTV in Balitang Pambansa.
00:24
The country's economy became stable at the end of 2024.
00:29
According to the data released by the Philippine Statistics Authority,
00:32
although it was low compared to the fourth quarter gross domestic product or GDP
00:36
of 2023, it increased by 5.5%.
00:40
The GDP of 2024 was still stable in the third and fourth quarter,
00:45
which both increased by 5.2%.
00:47
In the whole year, the country had a GDP growth rate of 5.6%.
00:53
A big help in year-on-year growth or GDP growth
00:56
is wholesale and retail trade, motor vehicles and motorcycles repair,
01:01
which is 5.5%.
01:03
8.5% came from financial and insurance aspects.
01:07
And 7.8% came from construction and infrastructure.
01:13
In the third quarter of last year,
01:15
there were changes in the GDP of the country
01:18
in the education sector from 2.6%.
01:21
It increased by 4.1%.
01:24
From 2.8%, it increased by 3% for manufacturing,
01:29
while 9.1% came from 8.8% for financial and insurance activities.
01:36
The country's gross national income or GNI
01:40
remained at 6.8% in the third quarter of 2024.
01:43
Due to many difficulties that the country went through in 2024,
01:47
such as calamities,
01:49
the country's economic growth slowed.
01:53
According to Policy and Planning Undersecretary
01:55
of the National Economic and Development Authority, ORNEDA,
01:59
Rosemary G. Edilon,
02:01
the government is focused on improving the economy
02:04
this year through stronger trade and export.
02:09
Just to clarify, it didn't slow down,
02:12
because the growth wasn't negative.
02:14
It was still positive.
02:17
That's why there was moderation.
02:19
Meanwhile, the economy of the Philippines
02:21
is still strong compared to other countries
02:24
throughout Asia.
02:26
From PTB, Christian Vascones, Balitang Pambansa.
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