Philippine Digital Economy Surges on, Driving 16% Growth Towards $36 Billion GMV by 2025
The Philippine digital economy is sustaining powerful double-digit growth, remaining firmly on track to hit $36 billion in Gross Merchandise Value (GMV) by 2025, according to the 10th edition of the e-Conomy SEA 2025 Report, titled "From Digital Decade to AI Reality: Accelerating the Future in ASEAN." Published by Google, Temasek, and Bain & Company, the report highlights the country's 16% YoY growth, which is driven by a vibrant ecosystem: innovative platforms, a tech-positive regulatory environment, and AI-curious consumers with increasing spending power. This momentum is driving a greater use of e-commerce, digital payments, and on-demand services across the country. Driving double-digit growth across sectors All key digital economy sectors are sustaining double-digit growth, and the e-commerce sector remains the largest contributor to the Philippines’ GMV, accounting for more than 60% of the overall digital economy. E-commerce and video commerce: Digital platforms are levera
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