The digital economy in the Philippines was poised for growth in recent periods, as seen in the gross merchandise value that reached roughly 26 billion U.S. dollars in 2023. The internet economy will continue to see an upward trend in the following years, growing to around 150 billion U.S. dollars in 2030.
Gross merchandise value (GMV) of the internet economy in the Philippines from 2019 to 2023, with forecasts for 2024 and 2030
(in billion U.S. dollars)
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Google, & Temasek Holdings, & Bain & Company. (November 5, 2024). Gross merchandise value (GMV) of the internet economy in the Philippines from 2019 to 2023, with forecasts for 2024 and 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1173910/philippines-gross-merchandise-value-internet-economy/
Google, und Temasek Holdings, und Bain & Company. "Gross merchandise value (GMV) of the internet economy in the Philippines from 2019 to 2023, with forecasts for 2024 and 2030 (in billion U.S. dollars)." Chart. November 5, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1173910/philippines-gross-merchandise-value-internet-economy/
Google, Temasek Holdings, Bain & Company. (2024). Gross merchandise value (GMV) of the internet economy in the Philippines from 2019 to 2023, with forecasts for 2024 and 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1173910/philippines-gross-merchandise-value-internet-economy/
Google, and Temasek Holdings, and Bain & Company. "Gross Merchandise Value (Gmv) of The Internet Economy in The Philippines from 2019 to 2023, with Forecasts for 2024 and 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 5 Nov 2024, https://www.statista.com/statistics/1173910/philippines-gross-merchandise-value-internet-economy/
Google & Temasek Holdings & Bain & Company, Gross merchandise value (GMV) of the internet economy in the Philippines from 2019 to 2023, with forecasts for 2024 and 2030 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1173910/philippines-gross-merchandise-value-internet-economy/ (last visited December 30, 2024)
Gross merchandise value (GMV) of the internet economy in the Philippines from 2019 to 2023, with forecasts for 2024 and 2030 (in billion U.S. dollars) [Graph], Google, & Temasek Holdings, & Bain & Company, November 5, 2024. [Online]. Available: https://www.statista.com/statistics/1173910/philippines-gross-merchandise-value-internet-economy/