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Apr 25, 2023 · In 2020, the World Bank released the Philippines Digital Economy Report with initial estimates providing the share of digital economy to GDP. The pilot estimates on the size and contribution of the digital economy were released by PSA in October 2022.
Apr 25, 2024 · The digital economy in 2023 amounted to PhP 2.05 trillion, contributing 8.4 percent to the country's Gross Domestic Product. This resulted to a 7.7 percent growth from the PhP 1.90 trillion Gross Value Added of digital economy in 2022.
We face big challenges to help the world’s poorest people and ensure that everyone sees benefits from economic growth. Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress.
Documents & Reports - All Documents | The World Bank
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Oct 22, 2020 · This report provides a thorough analysis of the obstacles to digitalization and identifies key reforms and policy measures that could help the Philippines harness the potential of the digital economy. It uses the CHIP (Connect, Harness, Innovate, Protect) conceptual framework to analyze the requirements to accelerate digital transformation.
Apr 25, 2023 · The Philippine digital economy in 2022 amounted to PhP 2.08 trillion, contributing 9.4 percent to the country’s economy or Gross Domestic Product (GDP). This amount represents an increase of 11.0 percent from PhP 1.87 trillion in 2021.
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Jan 14, 2021 · A World Bank team embarked on a study to assess the state of the digital economy in the Philippines, identify the key challenges to digital adoption, and provide policy recommendations to improve the enabling environment.