The Philippines will SURPASS Thailand's Economy by 2028: IMF
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- čas přidán 6. 03. 2024
- According to the latest forecast made by the International Monetary Fund, Southeast Asia’s Gross Domestic Product is still headed by Indonesia with a nominal GDP of $1.4 Trillion, followed by Thailand $512.2 billion, in the 3rd spot is Singapore with a GDP of $497.3 Billion, The Philippines in 4th spot with GDP of $435.6 Billion, Vietnam at 5th spot with GDP of $433.3 Billion and 6th spot is Malaysia $430.8 Billion.
By 2024, the ranking will still be the same. In 2027, The Philippines will become the 3rd largest economy, surpassing Singapore, only behind Indonesia and Thailand. In 2028, the Philippines will be the second-largest economy after Surpassing Thailand with a nominal GDP of $698.5 Billion.
According to the latest official data published by the major economist in Southeast Asia, the Philippines remains the fastest-growing economy in the region, expanding by 5.6% in 2023, followed by Vietnam and Indonesia growing by 5.05%, Malaysia expanding by 3.8% and Singapore with minimal growth of 1.2%, while Thailand is estimated to expand by 2.4% last year.
In the 4th quarter of 2023, Vietnam recorded the highest economic expansion of 6.7%, followed by the Philippines at 5.6%, Indonesia growing by 5.04%, Malaysia expanding by 3.4% and Singapore posting growth of 2.8%.
Source: www.imf.org/external/datamapp...
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I love Philippines,,
Love from Indonesia 🇮🇩
Love Indonesia from 🇹🇼🇵🇭❤️
Yeah bro go Philippines and sing karaoke bar best clean night life in SEA yeah telling you true 😂😂😂 enjoy travel in Ph yeaah
Malaysia, Philippines,Vietnam,Thailand,Myanmar,Indonesia,Cambodia,
Guys were brothers our bloodline and face are desame😂
I love you from Philippines!
1 more nepal @@alanyosores5642
Let go ASEAN, we will grow together and stronger
I love Philippines from USA 🇺🇲
Asean region is one of the fastest growing economy in the world
Good luck 🇵🇭 Philippines, beats Thailand tourist arrivals be a progressive nation, god bless🙏 Love you Philippines❤❤❤!
I'm not pinoy but i know your flag is wrong, lol🤣🤣🤣
Thanks for at least believing in us even if it’s quite hard here. Wrong flag though lol
Wrong flag! Haha.
@@Rose-gw7hg 😭I am so sorry I don't have correct Philippines flag here my phone is low class😭
Philippines 🇵🇭
I am hoping for Philippines will copy China's futuristic city someday.
Chúng ta phải đoàn kết chống lại kẻ thù xâm lược China
I agree! We are SOUTH EAST ASIAN COUNTRIES. We Shoud unite❤️❤️❤️
Yes
Congratulations, ASEAN! 😊
Love ASIAN from Taiwan. GOD BLESS ASIAN COUNTRIES 🙏 ❤️
Except badchina 😂
Good luck Taiwan, Taiwan belong to china
Asean
Unfortunately, that forecast for the Philippine economy will not come to life if our leaders and legislators still loves and keeps the decaying 1987 constitution that keeps the Philippine economy restrictive.
Hoy, this Constitution has been used since 1987 and we have been experiencing progress for decades. There’s something wrong with you and your pea brain.
@remmond3769troll always commenting negatively even without basis. Imao
Imao are you foreseeing things like IMF and other economist 😂
Only the economic restriction should be changed.
@remmond3769 When you leave the Philippine Islands the nation’s mean avg IQ will jump 20 points.
After 2028 - 2029 ph economy will become unstoppable .. Phil will soar high and higher .
Push for Romualdez as Pres and BBM as VP for continuity
@@rafaelledordas3612 I go for Gibo... sa VP am not sure yet pero kung mag tandem sila ni martin ok lang....
@@balsafarmers10 Gibo is fine with me but we are talking about the chance of winning against Sara.BBM can carry Martin becoz of popularity of BBM beside he is always with him wherever he goes abroad
@@rafaelledordas3612 bbm parin if maaprubahan Ang charter change
🙏🙏🙏 God bless Philippines
The New Manila International Airport should be open by that time and the Philippines has more non-stop flights all over the world and the A350’s range allows for such flights to happen. I think the longest non-stop flight to and from the Philippines will very likely be at a major international airport in Florida, at least 8,900 miles.
good luck....PH-INDIA....god bless us all....🍀🍀🍀🍀🍀🍀🍀🍀
i would rather see India as no. 1 economy in asia than china, for obvious reason
@@arnelamador8327 yeah me too. World knows real character of badchina. Greed to be alone
As a Indian thank you for your well wishes.. we will surpass china in 2060 because china population is declining continuosly which is bad for their economy we will be 50 trillion economy in 2050 as par IMF
@@Ai-wibes ye no you're not
@@Ai-wibeslol im filipino but india will not surpass china in 300years😅😂 china is great when it comes to cleanliness,organized infrastructure , etc etc china is way way ahead
The only competitive is vietnam for the philippines. thailand might slowdown overtime.... now the phil government will open the constitutions economic provisions for foreign investors . Thids will definity change dramatically on ph economy. From mfg, power energy, bpo sector and others can lift up all ph gdps criteria.
lol😂 you dont know the future bro ☺️
lol😂 you dont know the future bro😊
As long vajilongkhorn reign thailand always overspending for royals family and lesse majesty made you go to jail for disturbing royals
คุณมีพลังงานสะอาดยังประเทศไทยผลิตดวงอาทิตย์เทียมเพื่อผลิตพลังงานสะอาดคนผลิตพลังงานสะอาดได้ยังฟิลิปปินส์ไทยไม่เคยคิดจะแข่งใครแต่เราไม่ชอบคนมาพูดมั่วๆเมื่อก่อนคุณจะคุณเจริญกว่าเราเราก็ยังแซงคุณได้เลย
Sesama negara Asean kita harus bersatu dalam bekerja sama meningkatkan ekonomi di kawasan Asean,salam damai dari indonesia 🇮🇩 untuk semua warga Asean
Đúng thế các nước asean hi vọng không ngừng mạnh mẽ về kinh tế đoàn kết và hướng tới như eu
I completely agree❤️
Support local tourism to boost more income into Philippines economy
Good news for The Philippines.
Asean Top 2 Philippine economy by 2028 - $700 BILLION ❤🎉
Indonesia $1.8T 👻
@@fajrireynaldo5858indonesia 2024 $ USD 1,54 trillion, 4 tahun nambah 400 billion dikit banget
@@fajrireynaldo5858
Coming Soon!
MARCOS GOLD ENVELOPE WORLD BANK and IMF IN THE PHILIPPINES
LIVE LED - 0,000,000,000,000,000,000
@@fajrireynaldo5858
Coming Soon!
MARCOS GOLD ENVELOPE - WORLD BANK and IMF IN THE PHILIPPINES
LIVE LED - 0,000,000,000,000,000,000
Eh panahon nfa ni noynoy aquino bago natapos ang 2016,, 3 tau sa buong asean region.. eh di ibig sabihin... bumagsak tau na pang 5 ky duterte..2022..ky gl8ria pang 5 din tau...eh mas magaling pala si noynoy aquino... ewan natin ky marcos
If Philippines would learn to vote not corrupt leaders this can truly happen
There is NO country on earth with free corruption.
Say that to 1987 president. The downfall of Philippine economy and infrastructure development
Yes. PH is going down again under BBM's weak and corrupt leadership Phils. is full of corruption, smuggling and crimes again under a Marcos chosen by a stupidly proud 31M who are mostly sorry for their wrong choice. Life is getting harder everyday in the Philippines due to high inflation under Marcos. While he enjoys traveling all the time with no economic benefits but only pledges. Some Pinoy's are hoping he does not stay long in his term until 2028..Hoarding, smuggling, drugs and crimes are rising because of a weak leader. His wife is very corrupt too, a smuggler with her family.
Sabah would be a game changer for the Philippines 🇵🇭
Maximizing the renewable energy and Deuterium would catapult The Philippines to its greatest heights.
This channel is an organized business because there's so many trolls like this one to increase viewership. So that viewers will quarrel and thus keep commenting
Nope we average Filipinos don’t care about Sabah so good try, troll
@@user_cv8wysmstt dont speak for us majority population will not say that you dont care because you dont love our country
@@DarwinMagsinodia orang malaysia
That would be great! Would be nice if it will happen sooner so we get to see it happen
ASEAN are brothers and sisters who will grow together. never let colonizers in
Indonesia, Philippines, Thailand.
Thailand❌
Vietnam✔️
@@normalyoutube495 đoàn kết đi má ơi
Good luck to that generation i hope they achieve that forecast about our country 🇵🇭
We will see, i hope china and the Philippines will not spark the war as tension is going on.
WW3 drum is beating.
Why would they? The Philippines literally has the oldest Chinatown in the world. It shows how Chinese immigrants settled here to trade with the locals.
@@coffee.170 have you watch the news? TV PATROL, GMA 7 and CNN.
@coffee.170 That's true, but I doubt China will hold into that sentimental stuff as what they want is domination over the south china sea.
China is like empty can like dog bark bark but cant bite haha
take note that Philippines is still the most restrictive economy for investments in the SEA region, and yet they grow really fast
if they atleast offer full fdi to foreign investors, they can be a rising tiger
Because consumption is also high in the Philippines. Unlike Indonesia which the consumption tend to slower overtime.
@@mamadandi5235 consumption is also a good indicator of growth because it tells how goods and services are accessible within citizen's reach.
@@mamadandi5235 consumption is a good indicator of a good economy, it just means that citizens are within reach with goods and services.
Berhati hatilah terhadap jebakan IMF
Dude, it's enough to look max 10 - 15 years from now. 2075, you must be joking.
Philippines economy expected to increase at $750 Billion to $850Billion by 2028 and will be $1trillion in 2029-2030 according to IMF and CBU Philippines.
We didnt even cross yet at 400 billion mark ang youre saying we woud double by 2028 and be 1 trillion by 2030?you're becoming like indian my friend
@@lightningboltzjourney5317 That right, it's too confident with inrasional predictions... if the Philipines can increase its GDP by 100% from 2024, Indonesia GDP will probably increase to 3.2trillion in 2030 😂 that's impossible
Nakakatawa ka naman😂😂😂😂
@@lightningboltzjourney5317fyi phil economy is 445billion dollars 2023
@@lightningboltzjourney5317it's not him who forecasting that stupid ignorant!!!!! It's the world bank !! International monetary fund!! And other top financial international analyst's!! Stupid ignorant!!
Oh my gosh another four years the Philippines economy will surpass Thailand that’s too soon to be true 😮
Philippines ❤❤❤
By that data, Indonesia’s GDP in 2028 should exceed 2 Trillion
Yeah Indonesia is a powerhouse.
Prayers and God bless ASEAN 🙏🙏🙏♥️💯. We grow together by the grace of the Lord God Almighty.
Wow
Keep it up philipines
🇰🇭🇰🇭❤❤🇵🇭🇵🇭💪
Contract Philippines from Vietnam ❤❤
we used to be ahead among all asean neighbors back then were just trying to claim what we truly deserve.
It was the period when the Americans had controlled the Philippine economy. They were given the Parity Rights after WW2. But the Americans also took away the wealth of Philippines after the Parity Rights expired in 1970s.
❤❤❤❤Congratulation Philippines..... Ahon pa more..... Jesus Christ is in our back... Di tayo iiwanan sa paglalakbay....
philippines should start manufacturing cheap products more and start moving into a more of industrial growth philippines currently has 450billion dollars gdp
Im just hoping the best for my country 🇵🇭. as long as we continue to thrive, whatever happens happens
If the Philippines can pass Thailand, what about Vietnam?
Bạn yên tâm Việt Nam vẫn là nước nghèo nhất Asian
Thailand slowdown due to early success of population control as well as automotive industry which has not grown much.
Thailand is the slowest growing major economy in Southeast Asia for the past 20 years (2004-2023)
Vajilongkorn reign as king probably effect to where population getting older economy just around royal and elites
As a Thai, I'm not worried about GDP of any countries will surpass Thailand. I'm worried about Thailand economic recession and living quality of poor people, of course the medical quality in rural area as well.
Im filipino, you have better medical care and facilities compared to us. Thats what we need fot the filipino mases , cheap and complete m3dical facilities. We have already world class nurses and doctors but not enough to support their needs in their job.
@@dextershaman7154Thailand has an average age demographic of 38 while Philippines average is 25 years old. The future isn't looking too good for Thailand and I was born there.
Congrats the Philippines.
Xem cuối năm 2024 sẽ ra sao nhé nói trước bước không qua
Toàn dự đoán không à 😂
The issue in Philippines economy is that it is too much dependent on service, BPO and remittance, but it seems to be lacking in manufacturing. If this area improves, they will be Dragon.
PH has most restrictive foreign investment rules in Asean. Negative List says 60/40 for domestic manufacturing, 100% foreign corporation is for exports zones only. They preferred our ASEAN neighbors openness to FDIs.
Dragon meaning is demon
@@nelsonvergara6807which Asian country have 100% ownership??
Change your channel's name to Philippines analytic
I think GDP is not matter , we care about GDP per capita more
The emergence of the AI Technology will definitely put a dent on the BPO (Call centers) services, strong local consumption is critical to a country's economic engine & to sustain growth. We know that economies that are export reliant will be at the mercy of the consumption rate of others. Economy has a big direct relations with population size and the emergence and adaptation of technologies thru education of its citizenry, infrastructure and good governance. Percentage metrics of growth is not really a complete picture as each country has different levels/foundation of economy (e.g Singapore's 1% growth can be greater vs Laos 5% growth).
Impossible. AI was tested on how he interacts stress costumers was really meh and failed. Ai has no compassion on assisting and handling moody clients with their repetitive answer.. Thats why too much complaints on queu.many abandon on AI assistance at customer service and which can affect companies reputation and its business conditions.AI is still limited by any means. Thats the truth.
Growth percentage is important. Its because long term all necessities costs are increasing, inflation, any outbreaks in the middle will suffer people lives and the population is also increasing.you must find ways to grow more to cope up this problems.continuous growth is really a must.
@@dextershaman7154 todays level of AI yes, but with the rate that tech is growing...eventually it will catch-up. Its effect is so profound that even the WEF folks has already written down jobs that may be displaced by AI. Ever wonder why the "Universal Basic Income" project is being done today? Try to link this both.
I think AI is just a program and nothing more. if someone is smart enough people actually feed AI with false information and make it the legitimate one. so, it will not be going to be reliable. maybe automating something, just like other applications.
@@Dv8er73lol it's a bs to think like that. There are so many experts contradicting that imao
Vời những tín hiệu tăng rất cao về xuất nhập khẩu ( xuất khẩu tăng 19,2% nhập khẩu tăng 18%),thặng dư thương mại 4,7 tỷ đô la và cùng với sự chỉ đạo quyết liện trong giai ngân vốn ngân sách thì dự đoán Việt Nam sẽ tăng trưởng thấp nhất là 7% trong năm 2024 và dư vậy GDP của Việt Nam sẽ vượt qua Philippines trong năm nay.
the Philippines have a lot of systemic deficiencies that hamper its economic growth:
1. high cost of electricity and low penetration of electrification. substandard capacity to support large scale manufacturing
2. high cost of internet connection and low penetration. this is one of the most critical elements of any country wishing to join the ranks of a developing nation. the government needs to establish at least 2 more telecoms and allow small independent local government or municipal ISPs
3. poor agricultural infrastructure and support to ensure a viable and profitable agricultural production and food security. the Philippines cannot feed itself without importing food from other countries because its farmers and farming are unprofitable. it needs to mechanize at least to the level of vietnam or Thailand. mass logistics and cold storage and transport for bulk agricultural products is severely lacking or nonexistent
4. it lacks a vertically integrated steel industry, a vertically integrated chemical industry, a defense industry, high precision machine manufacturing industry. its mining industry is hampered by red tape.
5. poorly developed, corrupt and inefficient justice system. the poor or disadvantaged have no practical chance of getting a fair or fast trial or appeal. they have even arbitration outside the court system that is a practical guarantee of an unfair outcome
6. they need to remove noncompete agreements and nondisclosure agreements in labor contracts to ensure innovation. this is the reason why California is the center of innovation; noncompete agreements are void and unenforceable.
7. they need to modify software patents to cover 3 years only, hardware to 15 and medical patents to 15. copyrights should only be protected to 50 years. they also need to ensure digital privacy and guarantee of digital ownership of personal information and effects that is protected against direct or indirect searches, seizures, or interdiction without a court-issued warrant
Imagine all those negatives you stated and the country is still developing nicely. The greatest thing Philippines has going for it is it's young demographic and a birthrate of almost 3. So many countries are suffering from population decline and it will cripple their economy.
@@gregmasters8558 yes. These are systemic deficiencies, but they are addressing some of these especially the infrastructure. I hope they revive and expand tramcars in the provinces outside manila for local transportation.
I hope Philippines would be a manufacturing hub. I remember our made in Philippines Samsung TV which lasted for 20 years.
ill be 90 on 2075 maybe im still alive 😅
Pake naten basta yung susunod na henerasyon may kinabukasan
We work to secure the status of the next generation!
It's fast but we could've done better than that if we had an competent leader with knowledge in economics.
Hope west Philippine sea is our control
Love from indonesia, but i think it would be difficult to surpass thailand, 🤷
They have aging population 60 million against 115 million philippines population and it is guarantee that ph domestic economy is stronger than thailand. The economic growth of thailand is stagnant at ave 2 -2.5% only while ph ave 5-6%. Remember ph not yet utilize untapped oil and gas. And its tourism gets better and better.
@@dextershaman7154Thailand has lots of transformers that makes up 30% of their population, that's why their population is declining
Perhaps Indonesia will not be able to reach their goals
@@dextershaman7154Why is Thailand's economic growth hampered even though Thailand has a very good tourism sector?
@@richardnuevowhy?
I love how you think that your country’s GDP will grow that much forever without decreasing. Good luck our future #1 super power.
Philipines is number one in asean
Keep dreaming.
its " GDP per CAPITA" that matters in the end.
GDP per Capita is worthless if the rent and and prices of major commodities are high as well.. that's the problems of the west thus resulting to homelessness despite having jobs
@@richardnuevo the same could be said about overall GDP if its not distributed to the population. But in the Philippines case GDP is still too small relative to 100 million Filipinos here.
Gdp growth is important. Look at brunei they have great gdp per capita but still majority living poor and no great devopment on infras due to govt control all business srctors no competiton. Phil is not worry on increasing population. Because they can abroad easily due to high demand on filipino workers all over the world.
To greater extent, yes. But you can't have it unless the GDP is increased and the population is controlled.
There are many factors to consider.
Country have brighter future if gdp growth high
ASEAN shall grow together in prosperity!
This forecast not gonna happen if PH has most restrictive foreign investment rules in Asean will not change unless Filipinos supports economic liberalization reforms or economic charter change like in SG LKY and Vietnam Doi Moi reforms. Unfortunately Filipinos were misinformed anti-reforms, oligarch supporters and barriotic nationalist.
You don't know what you are saying imao 😂 are you smarter than IMF and other economist in their projections like this 😂
Uhm it already happened from 2003-2019 averaging 5.8% during that time frame and from 2021 up to last year which averaged 6.3%.
ปินอยส์และเหงียนจะผ่านไทย(ภายใน(10)ปีเฉพาะ( ppp)ส่วน(GDP) นั่นอาจจะผ่านในเวลา(15)ปีแต่โคลงสร้างจะใช้เวลาถึง(20)ปีจะเท่าไทย(เดียวนี้) MAKE YOURS DAY เพื่อน(เจริญไปด้วยกัน) AEC จบ ปัณหา(ภายในทั่ง(2)ประเทศหนักหาเลี้ยง(อนามัยและความยากจน) รัฐบาลจะสะสางและการศึกษาอีก(ประชาชนเกิน(100)ล้านทั่ง(2)ประทศ มันไม่หง่ายจะวิ่งตามประเทศไทย(ทัน)หง่ายซึ่งไม่เหมือน( สิงคโปร์และมาเลเซีย)พวกเขาไปไกลแล้วทิ้งห่างหลายพันลี( พวกเขาเหมือนลูกมะเดื่อเท่านั้นในปัจจุบันนี้) CONTRATS เหงียนและปินอยส์) ยังทะเลาะกับจีนหวังจะให้ช่วยอีกคิดดีๆ,...Thanks
Omg, if you look the philippines now development is growing faster. Theres a lot megaprohects. Look at thailand , they have no crntral business districts. We have many modern cbds now. Thailands population is decreasing. Phil is no worry on increasing population because we are actually in demand overseas wotld class overseas workers all around the world. So our economy s growth is increasing. Thailands gdp is just only less than 100M with vietnam.this is not big diffrence. Philippines has a lot of option to boost the economy compared othersea nation.
Philippinès has now many modern cbds. Thailand has none.we already proved that but not whole areas.our top 5 billionare are on real state sector no problem. But the infras and mexicare are still inadequate..we have now subway, bridges expressways in progresss.
The Philippines will SURPASS Thailand's Economy by 2028: That is if we surpass Thailand's tourism. We still have less than half of the tourists visiting Thailand. As of 2023, Thailand had 28,000,000 foreign tourists while Philippines had 5,450,557. Ni wala pa tayo sa 1/4 man lang. Hopefully and we should manifest it na lalo pang magbu-boom and tourism ng Pilipinas. Kung hindi man mangyari yon, bawi nalang tayo sa ibang sector like Service and Digital economy kasi dun tayo malakas compare other SEA countries.
We need manufacturing not so much tourists.
@@chrisk7118 mas gugustuhin magtayo ng mga foreigner ng manufacturing company sa bansang hindi restricted ang pagmamay ari ng lupain at negosyo. Not unless magkaroon ng revision ang Economic Policies sa 1982 Constitution o ma approved ang Charter Change (ChaCha). PIPIRMA KA BA ?
We already surpassed Thailand's tourism income receipts. Search it if you want
Philippine tourists are quality tourists and not transient and backpackers
@@richardnuevo meron ding backpackers na bumibisita sa Pilipinas. Mostly foreign tourist vloggers on CZcams are backpackers. Nevertheless, rich tourist man o simple backpacker, lahat yan magpapasok sa tourism revenue.
If war don't broke out
Why would war break out?
@@normalyoutube495why ? Because like any war that ever broke out? Power.. wealth.. influence.. territory.. you name it.. when china took Taiwan they will took whole island of north Philippines for oil and gas
This indicator is substantially not a good indicator that individual Filipinos lives will becoming better as the increase on economic activity is simply the result of bigger population and higher capitalism. It's only giving false hope or we say deceiving perception on the side of many ordinary Filipinos that their lives will be getting better.
The fact is the per capita of Filipinos is a halfway in middle and bottom rankings and in comparison to its neighbor Philippines is one of the lowest in South East Asia. Per capital the economic worth generated by each individual. Its a big indicator of individual competitiveness and collective confidence of many economic indicators.
One thing is income equality between rich and poor. Philippine is halfway in middle to bottom rankings. Income equality is the disparity between rich and poor. Its so obvious that rich people and corrupt people in the country are becoming more rich and many middle income people are becoming poor except those corrupt people as they go the other way around and poor will always be poor. Yet it so pity for the poor the they though that they are becoming rich yet they are not aware the their income value is merely a result of inflation and their so called lifestyle comfortness is merely result of the infrastructure invested by few rich people and poor people are not aware how much money rich people take away from these investments or should I say corrupt officials get from these investments.
Is so pity the 3rd world countries highlight more the collective GDP rather then real economic indicators which are the per capita and income equality. I guess its the propaganda solution that 3rd world countries governments to not to get all the blame and humilation from its people.
Troll how do you explain those countries with higher GDP per Capita and yet with so many cases of homelessness. Their citizens despite having jobs and all are forced to dwell in the streets and chose to migrate in countries with less GDP per Capita imao 😂
Just like brunei grest per capita but majority living poor and infras are inferior and usas and canafa bothgood per capita. ButTheirpeople are struggling day to day living.
GDP per Capita is not always a good indicator. Look at Laos it's GDP per Capita is higher than Cambodia but in reality it's the poorest in Southeast Asia.
The wealth of a country is measured in terms of GDP. Higher GDP means the government ability to invest in infrastructures and social services to increase the level of standard of living.
The wealth of its citizens is measured in terms of GDP per capita income. It is also a measure of country's standard of living.
BOTH are important.
NO. BOTH Thailand and Philippines are supposed to surpass 4 trillion dollar economy, individually surpassing UK's economy.
Not between our own neighbors! We are supposed to support each other!
AIM FOR THE STARS!
Nothing beats and surpass Great and amazing Thailand , tourism industry alone Philippines is lag behind and pick it up at water spinach field..
Look up the current state of Thailand's economy. If u didn't know it's in shambles. 😂😂😂
I'm from India good morning ❤❤❤❤
Fastest GDP doesn't mean anything if you stay poor. Singapore is too wealthy of a country that it has so little for growth. The reason why the Philippines' growth is huge as compared to other countries is because it's so poor. This GDP thingy is overly-romanticized by the media. Real growth starts in education. If the level of education grows, so as the whole nation.
There is a massive change in the Philippines. Also look at the bigger picture, most countries have a shrinking population with low fertility rate which will shrink their economy. I see a good future for Philippines with their young population midian age of 24 and average fertility rate.
@@gregmasters8558 I see that too. But the same can be said for other Southeast Asian countries. Specially Vietnam and Thailand. Technically, all SEA countries are developing at a rapid pace. GDP is just the peak of the iceberg.
I'll be more than 100 years old in 2075.
Thailand is way far ahead in economy compared to the philippines for a long time.. the philippines is just starting to achieve economic growth that has been achieved by thailand 20 years ago. But if sir pbbm will stay as the president for 20 years, a big hope that this prediction will come to reality, but if sara or leni will be the next president, i am very sure that no investors will even think of investing in ph,,😅
Its dutertes legacy almost this infras.cmon. sarah has better plan just like their davao. But for metro manilas leader. They are all garbage like dilawans.
@@dextershaman7154 duterte is a garbage he is not a leader he is a gun smuggler, druglord, leader of death squad, and his only project was the establishment of pogos gambling in the country by chinese nationals ..and the results was rampant killings and kidnapings by chinese against chinese..duterte also gave one of the island territory of the philippines called panatag to china.. duterte due to the killings of many innocent people during his term is now afraid of the icc and his best friend quiboloy is also being hunted by thec USA for the many crimes he commited and now even the senate and congress summoned him for investigations because of his illegal activities and the numerous crimes he cccommited 🤣🤣🤣
@@dextershaman7154yeah Dutertes are malas to lead Ph. Sara is hiding her true character in her smiles and cool face yeah 😂
@@dextershaman7154😂 hoy walang nagawa si degonyo kundi mangangkin Ng Hindi kanya
@@richardnuevo kahit icombine pa ang inyong leader sa metro manila hanggsng salita lng. Ang layo talaga cila ni duterte . Peace and order nga flop talaga.partjda pa ung covid pandemic. Ok lng ang demonyo basta pumatay rin sa kapwa demonyo . Kysa pumatay patong inocente.
When all of Top 5 of Asean in top 20 of World economy, we will be the new EU of the world. No one could ever look down on Asean again. Let go ASEAN
Malaysia
Just reach a gdp of 500 billion dollars
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Good job
2 tháng đầu năm 2024 việt nam xuất khẩu 142 tỷ đô mĩ,xuất siêu 4,2 tỷ đô La mĩ
Mình xuất khẩu hàng hóa Phil xuất khẩu dịch vụ
Saya cinta wanita vietnam,, cantik putih mulus 🤤 semoga aku mendapatkan istri dri vietnam
@@fajrireynaldo5858
Bocil buat malu
Because Vietnam has FREE-TRADE AGREEMENT (FTA) with US. Philippines doesn't have FTA with US. The last FTA between US and Philippines had ended in 1970s. After that, Uncle Sam is not interested to give another FTA to Philippines.
What is GDP growth?
The balance of trade was negative in the past 10 years.
Asia economy by Ranking 2028 china india japan
ASEAN is different from Asian countries.
@@aseananalyticsthe prince was in wrong vlog 😂😂😂😂
Thailan can’t believe
India cleanes the first ..🤭🤭
I LOVE PINAS 😘
we will never see this economy in our generation. 2075.. if my age now is 10 _years old.. by 2075 i will be 85_ years old.. life span of humans in good condition.is 75
I have seen philipine people are eating pag pag. They are very rich, a strong county
Let's go asean
Nigeria and Pakistan in top 10 you gotta be kidding me.
Asean and Asian. Diffrentiate it before you kidding yourself.
Are you sure with your vlog really 3rd is Singapore 😂 research please
😆😆😆😆good one!!!
Ang pangit ng pinas when it comes to city town at capital ngpapangit ung mga squater mga bahay na bulok tpos madumi pa,ngpapaganda lng sa pinas ung nature.realtalk.. buti nandyan yan mga bilyonaryo na ngiinvest ng mga mga building mga cbd. Npgiwanan n ang pinas mas develop mga asean country like singapore indonesia malaysia thailand at vietnam
lol its 2025 how is this aging?
First think asean must remember asean is the head of asean.not like europe head of europe union is u.s.a.we must proof the head of asean is asean it self not u.s.a or chinese.
Philippines will be Ukraine 2..so,no.
2070 I might not be around by that time, LOL. anyway, BBM just reduced 1.4$ Trillion debt last year.
Philippine Economy by 2033 - $ONE TRILLION DOLLAR
Very typical for ASEAN Analytics to portray the Philippines to surpass ASEAN countries that have had surpassed the Philippines economically like Vietnam, Malaysia and Thailand.
Isn’t this just a narcissism in our part?
I will not surprise if one day ASEAN Analytics will start talking the Philippines surpassing U.S. economy too. 😅
Thats the projection of the economist in a longer term.
OMG. This is forecast accdng and basd on data gathered by economist analysts and institution. Philippine surpass some major asean player.
Always fake news 😅😅😅
Only when pigs fly!
The Philippines will never ever surpass Thailand never. What is most probable in my prediction that Cambodia will surpass the Philippines in the future considering that massive corruption in that country escalates exponentially. That has been the trend of that country since the time of the dictator Marcos Sr. Just recently a bloger from the U.S featured again the pag pag family a proof that many Filipinos have nothing to eat due to extreme poverty of that country.
The phillipines, is blessed with fertile lands . .
All economists beg to differ. Thailand's economy is in shambles.😂😂😂
Hindi pa nangyayari hahahha
You should live in real world not in imagine world and fake information.
Internet is free. You can search ongoing project of the philippines.look at now we have beautiful cbd and we are coping up infras stagnation.
This is a Pinoy baiting
ทุกประเทศมีขึ้นมีลงเเต่ฉันหวังไทยจะเติบโตได้ดีในอนาคตภาคการส่งออกการท่องเที่ยวจะเติบโต
በቃን
😂🤦🤣
Both cannot threat the leadership of India
Bbmarcos like indian boasting,,😭😭