In 2022, the combined sales of quick-service restaurants (QSR) or limited-service restaurants (LSR) in the Philippines reached 5.72 billion U.S. dollars, reflecting an increase from the previous year. Fast food restaurant sales in the Philippines dropped in 2020 during the COVID-19 pandemic and have been reflecting growth in the following years.
Sales of quick service restaurants in the Philippines 2015 to 2022, with a forecast for 2023
(in billion U.S. dollars)
*Forecast.
Values may differ from previous reports due to currency conversion.
Figures have been rounded.
Figures prior to 2017 came from earlier reporting.
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USDA Foreign Agricultural Service. (October 4, 2023). Sales of quick service restaurants in the Philippines 2015 to 2022, with a forecast for 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1274001/philippines-quick-service-restaurant-sales/
USDA Foreign Agricultural Service. "Sales of quick service restaurants in the Philippines 2015 to 2022, with a forecast for 2023 (in billion U.S. dollars)." Chart. October 4, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1274001/philippines-quick-service-restaurant-sales/
USDA Foreign Agricultural Service. (2023). Sales of quick service restaurants in the Philippines 2015 to 2022, with a forecast for 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1274001/philippines-quick-service-restaurant-sales/
USDA Foreign Agricultural Service. "Sales of Quick Service Restaurants in The Philippines 2015 to 2022, with a Forecast for 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 4 Oct 2023, https://www.statista.com/statistics/1274001/philippines-quick-service-restaurant-sales/
USDA Foreign Agricultural Service, Sales of quick service restaurants in the Philippines 2015 to 2022, with a forecast for 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1274001/philippines-quick-service-restaurant-sales/ (last visited December 21, 2024)
Sales of quick service restaurants in the Philippines 2015 to 2022, with a forecast for 2023 (in billion U.S. dollars) [Graph], USDA Foreign Agricultural Service, October 4, 2023. [Online]. Available: https://www.statista.com/statistics/1274001/philippines-quick-service-restaurant-sales/
