Capacity Utilization in Philippines decreased to 70 percent in April from 84.45 percent in March of 2020.
Capacity Utilization in Philippines averaged 81.33 percent from 1999 until 2020, reaching an all time high of 84.56 percent in February of 2020 and a record low of 70 percent in April of 2020. This page provides - Philippines Capacity Utilization - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Capacity Utilization - values, historical data and charts - was last updated on July of 2020. source: National Statistics Office of Philippines
Capacity Utilization in Philippines is expected to be 83.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Capacity Utilization in Philippines to stand at 83.90 in 12 months time. In the long-term, the Philippines Capacity Utilization is projected to trend around 83.90 percent in 2021, according to our econometric models.