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The value added of the industrial sector in the Philippines registered a 3.6 percent growth between 2022 and 2023. This was lower than the growth rate registered by the sector between 2021 and 2022. The industry's contribution to the Philippine economy was lowest in 2020, which contracted by about 13 percent.
Growth rate of value added in industry in the Philippines from 2012 to 2023
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Asian Development Bank. (April 10, 2024). Growth rate of value added in industry in the Philippines from 2012 to 2023 [Graph]. In Statista. Retrieved May 15, 2024, from https://www.statista.com/statistics/804450/growth-rate-of-value-added-in-industry-in-philippines/
Asian Development Bank. "Growth rate of value added in industry in the Philippines from 2012 to 2023." Chart. April 10, 2024. Statista. Accessed May 15, 2024. https://www.statista.com/statistics/804450/growth-rate-of-value-added-in-industry-in-philippines/
Asian Development Bank. (2024). Growth rate of value added in industry in the Philippines from 2012 to 2023. Statista. Statista Inc.. Accessed: May 15, 2024. https://www.statista.com/statistics/804450/growth-rate-of-value-added-in-industry-in-philippines/
Asian Development Bank. "Growth Rate of Value Added in Industry in The Philippines from 2012 to 2023." Statista, Statista Inc., 10 Apr 2024, https://www.statista.com/statistics/804450/growth-rate-of-value-added-in-industry-in-philippines/
Asian Development Bank, Growth rate of value added in industry in the Philippines from 2012 to 2023 Statista, https://www.statista.com/statistics/804450/growth-rate-of-value-added-in-industry-in-philippines/ (last visited May 15, 2024)
Growth rate of value added in industry in the Philippines from 2012 to 2023 [Graph], Asian Development Bank, April 10, 2024. [Online]. Available: https://www.statista.com/statistics/804450/growth-rate-of-value-added-in-industry-in-philippines/