Leading industries Philippines 2023, by value of approved investments

Published by
Christy Balita,
Jan 10, 2024
Renewable energy had the highest value of approved investments in the Philippines in 2023, as reported by the Philippine Board of Investments. Approved investments in this sector amounted to 987.12 billion Philippine pesos in that year. This was followed by the information and communication sector with approved investments amounting to about 96 billion Philippine pesos.

Largest industries in the Philippines in 2023, by value of approved investments (in billion Philippine pesos)

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Release date

January 2024

Region

Philippines

Survey time period

2023

Supplementary notes

One Philippines peso is equal to 0.018 U.S. dollars and 0.017 euros as of March 2023.

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