Last year, the Philippines became Southeast Asia’s fastest-growing economy, overtaking Vietnam and Malaysia. Three big factors helped the economy top the growth chart: consumption, services and investment. Gross domestic product expanded 5.6%, surpassing the Bloomberg estimate of 5.5%.

The Philippines becomes Southeast Asia’s fastest-growing economy

rfastest-growing-economy

Rfastest Growing Economy, News on Rfastest Growing Economy, stories on Rfastest Growing Economy, articles on Rfastest Growing Economy, Rfastest Growing Economy stories at Wion, Rfastest Growing Economy news, Rfastest Growing Economy latest news

rfastest growing-economy

The Philippines becomes Southeast Asia’s fastest-growing economy