Philippines’ PMI April 2025

According to the latest data from S&P Global Market Intelligence, the Philippines’ Purchasing Managers' Index (PMI) reached 53 in April 2025, above the 50-point threshold that separates growth from contraction.

The Philippine manufacturing sector began the second quarter on a positive note, showing renewed growth in both production and new orders, supported by increased purchasing activity. This momentum was driven by new customer gains and anticipation surrounding the upcoming elections.

However, employment levels in the sector held steady for the second consecutive month, as businesses remained cautious about expanding their workforce despite improved business conditions.

In its latest outlook, the International Monetary Fund estimated the Philippines’ GDP growth rate at 5.5 per cent in 2025.

The Association of Southeast Asian Nations (ASEAN) is a political and economic union of ten members, has 667 million people and a territory of 4.5 million Km2; is currently the third largest economy in Asia-Pacific and the fifth largest in the World. The ASEAN Economic Community (AEC) has a combined GDP of USD 4.2 trillion, according to estimates for 2025.