GDP From Services in Philippines decreased to 2586640 PHP Million in the second quarter of 2020 from 2662284 PHP Million in the first quarter of 2020.
GDP From Services in Philippines averaged 1080996.01 PHP Million from 2008 until 2020, reaching an all time high of 2662284 PHP Million in the first quarter of 2020 and a record low of 675416.60 PHP Million in the first quarter of 2008. This page provides - Philippines Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines GDP From Services - values, historical data and charts - was last updated on October of 2020. source: Phillipine Statistics Authority
GDP From Services in Philippines is expected to be 1593007.61 PHP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP From Services in Philippines to stand at 1628686.00 in 12 months time. In the long-term, the Philippines GDP From Services is projected to trend around 1698146.11 PHP Million in 2021 and 1795260.00 PHP Million in 2022, according to our econometric models.