9 Nov 2021 – PH GDP grew 7.1 percent in 3rd quarter 2021

Published by rudy Date posted on November 9, 2021

By: Ben O. de Vera, INQUIRER.net, 9 Nov 2021

MANILA, Philippines—As the economy further reopened, the Philippines’ gross domestic product (GDP) grew 7.1 percent year-on-year in the third quarter, above expectations although slower than second-quarter expansion GDP or the goods and services produced in the country from July to September was also 3.8-percent larger than output from April to June.

In the third quarter of 2020, GDP shrank by 11.6 percent year-on-year amid the then prolonged COVID-19 lockdowns which stopped some economic activities.

The lower third-quarter growth was expected compared to the second quarter’s 12-percent jump, which had benefited from the low-base effect caused by the most stringent enhanced community quarantine (ECQ) imposed from mid-March to May 2020, which ground to a halt 75 percent of the economy.

The government targets 4-5 percent GDP growth in 2021, which Socioeconomic Planning Secretary Karl Kendrick Chua said was attainable given the third-quarter outturn.

June 2025

Philippine Environment Month!
“Action for Nature, for the Future!”


Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.

Accept National Unity Government (NUG)
of Myanmar.  Reject Military!

#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos

Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

Monthly Observances:

  1 Jun – World Day of Parents

  5 Jun – World Environment Day 

  7 Jun – World Food Safety Day 

  8 Jun – World Oceans Day

12 Jun – World Day Against Child Labour

15 Jun – World Elder Abuse Awareness Day 

16 Jun – International Day of Family Remittances 

17 Jun – World Day to Combat Desertification and Drought

20 Jun – World Refugee Day 

25 Jun – Day of the Seafarer 

27 Jun – Micro-, Small and Medium-sized Enterprises Day

 

 Daily Observances:

June 6: Migrant Workers Day

June 19: Filipino Youth Day 
June 25: Day of the Filipino Seafarer

Categories