Real GDP per person employed in the Philippines (as of Q2 2024)
The country’s labor productivity — as measured by gross domestic product (GDP) per person employed — picked up by 4.6% year on year to P112,542 in the second quarter of the year. This was a reversal from the 0.6% decline in the April-to-June period last year but slower than the 6.3% growth in the first quarter of 2024.
