Capacity Utilization in Philippines decreased to 84.41 percent in December from 84.45 percent in November of 2019. Philippines Capacity Utilization - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Capacity Utilization in Philippines averaged 81.33 percent from 1999 until 2019, reaching an all time high of 84.47 percent in October of 2019 and a record low of 74.30 percent in July of 2002. This page provides - Philippines Capacity Utilization - actual values, historical data, forecast, chart, statistics, economic calendar and news. 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.