Output gap as a percentage of potential GDP reached % in in Philippines, according to the National Statistical Office. This is the same as in the previous year.
Historically, output gap as a percentage of potential GDP in Philippines reached an all time high of % in and an all time low of % in.
Philippines has been ranked within the group of 0 countries we follow in terms of output gap as a percentage of potential GDP.
The output gap (or the GDP gap) is the difference between actual GDP or actual output and potential GDP.