Business Confidence in Philippines decreased to 23.20 points in the third quarter of 2025 from 28.80 points in the second quarter of 2025. This dataset provides - Philippines Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Business confidence survey in the Philippines, September, 2025 The most recent value is 36.35 points as of Q3 2025, an increase compared to the previous value of 34.05 points. Historically, the average for the Philippines from Q2 2001 to Q3 2025 is 34.39 points. The minimum of -21.2 points was recorded in Q4 2001, while the maximum of 53.45 points was reached in Q1 2011. | TheGlobalEconomy.com

Actual value and historical data chart for Philippines New Business Density New Registrations Per 1 000 People Ages 15 64

Philippines Business Outlook: Index: Industry: Current Quarter data was reported at 18.333 Point in Mar 2025. This records a decrease from the previous number of 34.545 Point for Dec 2024. Philippines Business Outlook: Index: Industry: Current Quarter data is updated quarterly, averaging 30.319 Point from Jun 2001 (Median) to Mar 2025, with 95 observations. The data reached an all-time high of 49.642 Point in Sep 2010 and a record low of -38.000 Point in Dec 2001. Philippines Business Outlook: Index: Industry: Current Quarter data remains active status in CEIC and is reported by Bangko Sentral ng Pilipinas. The data is categorized under Global Database’s Philippines – Table PH.S002: Business Expectation Survey: Business Outlook. [COVID-19-IMPACT]

The Philippines have has around *** startups as of October 2021, an increase of *** percent from *** startups in 2017. The number of startups in the country is expected to keep growing in succeeding years.

 Most funded startup sector 

Across sectors, financial technology or fintech was the most funded startup sector in the Philippines. In 2021, the value of deals received by startups in the FinTech sector accounted for over half of the total deal value. FinTech is rapidly expanding in the Philippines due to increased digitalization and government campaigns to boost financial inclusion and digital payment adaption. Two of the ***** unicorn startups are in fintech.

 Startup ecosystem

Although the startup landscape in the Philippines is nascent, focused government support and high digital adaption are expected to support its growth in the following years. In 2019, the government introduced the Startup Innovation Act, providing incentives to make starting a new business much easier. By 2025, it was forecast that the number of newly registered businesses would reach over ** thousand.

Philippines Employment: Wage & Salary Workers: With Pay in Own Family Business data was reported at 211.000 Person th in Feb 2025. This records an increase from the previous number of 106.000 Person th for Jan 2025. Philippines Employment: Wage & Salary Workers: With Pay in Own Family Business data is updated monthly, averaging 160.500 Person th from Jan 2021 (Median) to Feb 2025, with 50 observations. The data reached an all-time high of 312.000 Person th in Nov 2022 and a record low of 76.000 Person th in Dec 2024. Philippines Employment: Wage & Salary Workers: With Pay in Own Family Business data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.G025: Labour Force Survey: Employment: by Industry, Occupation and Class.

Quarterly dataset of the Philippines Business Confidence, including historical data, latest releases, and long-term trends from 2015-09-30 to 2025-09-30. Available for free download in CSV format.

Business credit, billion currency units in the Philippines, July, 2025 The most recent value is 10174.77 billion Philippine Peso as of July 2025, an increase compared to the previous value of 10159.89 billion Philippine Peso. Historically, the average for the Philippines from December 2001 to July 2025 is 3912.45 billion Philippine Peso. The minimum of 1113.26 billion Philippine Peso was recorded in July 2002, while the maximum of 10174.77 billion Philippine Peso was reached in July 2025. | TheGlobalEconomy.com

Introduction

Business Process Outsourcing Statistics: Business Process Outsourcing (BPO) involves companies delegating specific non-core functions to external service providers, typically third-party firms.

These providers specialize in efficiently managing customer service and finance tasks, allowing organizations to lower operational expenses. Concentrate on their core strengths, gain access to specialized knowledge, and adapt their operations as required.

BPO encompasses back-office functions like finance and human resources and front-office tasks like customer support and sales.

This worldwide industry has substantially impacted economies, with nations like India and the Philippines emerging as important outsourcing centers, underscoring its importance in today's business world.

Philippines Business Outlook: Index: Services: Current Quarter data was reported at 35.868 Point in Mar 2025. This records a decrease from the previous number of 52.860 Point for Dec 2024. Philippines Business Outlook: Index: Services: Current Quarter data is updated quarterly, averaging 40.469 Point from Jun 2001 (Median) to Mar 2025, with 95 observations. The data reached an all-time high of 68.532 Point in Mar 2007 and a record low of -24.700 Point in Dec 2001. Philippines Business Outlook: Index: Services: Current Quarter data remains active status in CEIC and is reported by Bangko Sentral ng Pilipinas. The data is categorized under Global Database’s Philippines – Table PH.S002: Business Expectation Survey: Business Outlook. [COVID-19-IMPACT]

Ecommerce marketplace app Shopee started life out as a customer-to-customer marketplace, in the same vein as eBay, but over the past few years has remodelled itself as a b2c marketplace. That switch...

Philippines E-Commerce Transactions: Value: Business & Consumer Services: Business & Consumer Services data was reported at 487.254 USD in 07 May 2025. This records an increase from the previous number of 465.413 USD for 06 May 2025. Philippines E-Commerce Transactions: Value: Business & Consumer Services: Business & Consumer Services data is updated daily, averaging 4,050.169 USD from Dec 2018 (Median) to 07 May 2025, with 1899 observations. The data reached an all-time high of 146,326.688 USD in 10 Jan 2023 and a record low of 0.801 USD in 12 Jan 2020. Philippines E-Commerce Transactions: Value: Business & Consumer Services: Business & Consumer Services data remains active status in CEIC and is reported by Grips Intelligence Inc.. The data is categorized under Global Database’s Philippines – Table PH.GI.EC: E-Commerce Transactions: by Category.

Business confidence survey in Philippines, septembre, 2025 Pour cet indicateur, Central Bank of the Philippines fournit des données pour la Philippines de Q2 2001 à Q3 2025. La valeur moyenne pour Philippines pendant cette période était de 34.39 points avec un minimum de -21.2 points en Q4 2001 et un maximum de 53.45 points en Q1 2011. | TheGlobalEconomy.com

Business credit, billion currency units in Philippines, juillet, 2025 Pour cet indicateur, Central Bank of the Philippines fournit des données pour la Philippines de décembre 2001 à juillet 2025. La valeur moyenne pour Philippines pendant cette période était de 3912.45 billion Philippine Peso avec un minimum de 1113.26 billion Philippine Peso en juillet 2002 et un maximum de 10174.77 billion Philippine Peso en juillet 2025. | TheGlobalEconomy.com

Philippines E-Commerce Transactions: Volume: Business & Consumer Services data was reported at 4.000 Unit in 07 May 2025. This records an increase from the previous number of 3.000 Unit for 06 May 2025. Philippines E-Commerce Transactions: Volume: Business & Consumer Services data is updated daily, averaging 17.000 Unit from Dec 2018 (Median) to 07 May 2025, with 1946 observations. The data reached an all-time high of 224.000 Unit in 06 Jul 2021 and a record low of 1.000 Unit in 05 May 2025. Philippines E-Commerce Transactions: Volume: Business & Consumer Services data remains active status in CEIC and is reported by Grips Intelligence Inc.. The data is categorized under Global Database’s Philippines – Table PH.GI.EC: E-Commerce Transactions: by Category.

Snapshot img

Philippines Retail Market Size 2025-2029

The Philippines retail market size is forecast to increase by USD 77.71 billion at a CAGR of 11.7% between 2024 and 2029.

Market Size & Forecast

Market Opportunities: USD 126.63 billion
Market Future Opportunities: USD USD 77.71 billion 
CAGR : 11.7%

Market Summary

The retail market in the Philippines is a dynamic and evolving landscape, with key sectors demonstrating notable shifts in consumer behavior and sales trends. One significant trend is the increasing preference for convenience and online shopping. According to a recent study, e-commerce sales in the country are projected to reach USD13.8 billion by 2025, representing a substantial increase from the USD3.5 billion recorded in 2020. Moreover, the retail industry's digital transformation is not limited to e-commerce. Brick-and-mortar stores are also adopting digital technologies to enhance the shopping experience, with contactless payments, mobile apps, and QR code scanning becoming increasingly common.
Despite these advancements, challenges persist. Counterfeit products remain a significant concern, with the Philippines ranking among the top countries for counterfeit goods in Asia (OECD, 2020). Addressing this issue requires collaboration between retailers, law enforcement agencies, and consumers to ensure a level playing field for legitimate businesses. In summary, the retail market in the Philippines is undergoing continuous change, with growing demand for convenience and online shopping, digital transformation in brick-and-mortar stores, and ongoing efforts to combat counterfeit goods. These trends and challenges underscore the importance of staying informed and adaptable in this dynamic business environment.

What will be the size of the Philippines Retail Market during the forecast period?

Explore in-depth regional segment analysis with market size data with forecasts 2025-2029 - in the full report.
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The retail market in the Philippines exhibits a steady expansion, with current sales accounting for over 26% of the country's total gross domestic product. Future growth is projected to reach approximately 5% annually. Comparing key performance indicators, customer experience metrics have seen a significant improvement, with customer service response times reducing by 20%. Sales data analysis and inventory management have also been optimized, leading to a 15% increase in sales team productivity.
Concurrently, security protocols have been strengthened, resulting in a 30% decrease in reported fraud incidents. These advancements underscore the dynamic nature of the retail sector in the Philippines.

How is this Philippines Retail Market segmented?

The Philippines retail market market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029,for the following segments.

Product

  Food and beverages
  Personal and household care
  Apparel and footwear
  Electrical and electronics
  Others


Distribution Channel

  Offline
  Online


Packaging

  Bottles
  Cans
  Tetra packs
  Pouches
  Ready-to-drink formats


Geography

  APAC

    Philippines

By Product Insights

The food and beverages segment is estimated to witness significant growth during the forecast period.

In the dynamic retail landscape of the Philippines, various sectors are witnessing significant advancements. The adoption of point-of-sale systems has seen a notable increase by 18%, enabling businesses to streamline transactions and enhance operational efficiency. Furthermore, data analytics dashboards have become essential tools for retailers, with a 21% surge in usage. Price optimization models are also gaining popularity, contributing to a 15% rise in revenue for many businesses. Store layout optimization and product assortment planning are crucial aspects of retail technology solutions, which have experienced a 12% growth rate. Demand forecasting accuracy has improved by 20%, enabling retailers to better manage inventory and reduce stockouts.

Mobile apps have become indispensable, with usage increasing by 25%, offering convenience to consumers and improving sales performance indicators. Consumer spending patterns continue to evolve, with a 17% rise in mobile payment adoption and a 19% impact of online reviews on purchasing decisions. Shelf management software and sales forecasting methods have become essential for retailers, contributing to a 14% increase in staff productivity metrics. Promotional campaign effectiveness has improved by 22%, and supply chain management has seen a 16% enhancement in visibility. E-commerce platforms have gained significant traction, with a 24% increase in sales, while social media engagement has become a crucial aspect of digital marketing strategies.

Loss prevention strategies have seen a 13

Philippines Hospitality Market is Segmented by Accommodation Type (Hotels, Resorts, Serviced Apartments and Condotels, Hostels and Budget Lodges), by Purpose of Visit (Leisure and Holiday, Business and MICE, and VFR), by Tourist Type (Domestic, International), and Booking Channel (Online Travel Agencies, Direct, Offline Travel Agencies), by Region. The Market Forecasts are Provided in Terms of Value (USD).

Philippines DI: Current Quarter: Volume: BA: Services: Financial Intermediation data was reported at 50.756 NA in Mar 2025. This records a decrease from the previous number of 56.796 NA for Dec 2024. Philippines DI: Current Quarter: Volume: BA: Services: Financial Intermediation data is updated quarterly, averaging 52.130 NA from Mar 2007 (Median) to Mar 2025, with 72 observations. The data reached an all-time high of 79.167 NA in Sep 2012 and a record low of -10.330 NA in Dec 2008. Philippines DI: Current Quarter: Volume: BA: Services: Financial Intermediation data remains active status in CEIC and is reported by Bangko Sentral ng Pilipinas. The data is categorized under Global Database’s Philippines – Table PH.S003: Business Expectation Survey: Indices of Business Expectations.

Philippines BO: Index: All Industries: NCR: Next 12 Months data was reported at 58.155 Point in Mar 2025. This records an increase from the previous number of 57.135 Point for Dec 2024. Philippines BO: Index: All Industries: NCR: Next 12 Months data is updated quarterly, averaging 59.764 Point from Sep 2019 (Median) to Mar 2025, with 22 observations. The data reached an all-time high of 71.745 Point in Mar 2022 and a record low of 38.720 Point in Sep 2020. Philippines BO: Index: All Industries: NCR: Next 12 Months data remains active status in CEIC and is reported by Bangko Sentral ng Pilipinas. The data is categorized under Global Database’s Philippines – Table PH.S002: Business Expectation Survey: Business Outlook.

Philippines BO: Index: All Industries: Next 12 Months data was reported at 56.416 Point in Mar 2025. This records an increase from the previous number of 56.380 Point for Dec 2024. Philippines BO: Index: All Industries: Next 12 Months data is updated quarterly, averaging 57.873 Point from Sep 2019 (Median) to Mar 2025, with 22 observations. The data reached an all-time high of 69.767 Point in Mar 2022 and a record low of 37.516 Point in Sep 2020. Philippines BO: Index: All Industries: Next 12 Months data remains active status in CEIC and is reported by Bangko Sentral ng Pilipinas. The data is categorized under Global Database’s Philippines – Table PH.S002: Business Expectation Survey: Business Outlook.