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Why the Philippine GDP may rev up in the second half of 2026
Metrobank’s Chief Economist says the Philippine economy will feel a greater impact of the BSP’s easing and improved government spending in the second half of 2026
By Metrobank
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While risks remain, the Philippines is expected to see better days in 2026, with effects of monetary easing and improved state spending possibly ramping up growth in the second half.
Consumers and businesses will feel the impact of lower interest rates more in the latter half of 2026. The government is also expected to spend better, following governance concerns that last year stunted disbursements.
There will be “much higher GDP growth, much higher inflation” in the second half, Metrobank’s Chief Economist Nicholas Mapa said at Metrobank’s briefing themed, “Beyond the Base: Delving deeper than base effects.”
On February 12 and 13, 2026, Metrobank gathered experts to help clients look beyond the noise, beyond the base effects, and toward more informed choices.
“Most analysts will say GDP w
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