Investor Presentaiton
GT
GT CAPITAL
Our Macroeconomic View
Philippine Annual GDP Growth Trend (in %)
Asian Financial Crisis
Global Financial Crisis
COVID
1980
1982
1984
1986
1988
1990
1992
1994
1996
1983-84:
-7.3
Debt
moratorium
1998
2000
2002
2004
2006
2008
2010
2012
2014
2016
2018
202020
1991: -0.6
1998: -0.6
(last recession)
2Q2020-16.5
Source: World Bank, Philippine Statistics Authority
Philippine GDP (in USD Billions)
Philippines
2019: 361
2010: 208
2000: 130
1990:98
1980:83
1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018
Source: World Bank
Annual GDP growth averaged 6.4%
from 2010 until 2019, among the
highest in ASEAN
GDP declined -16.5% in 2Q2020 due
to the lockdown restrictions brought
about by this unprecedented crisis
Unprecedented crisis; GDP growth at
lowest point since the 1983 debt
moratorium crisis (-7.3%)
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