Worst post-war GDP slump: Pandemic shrinks Philippine economy by 9.5% in 2020
Jan 28, 2021 Ralf Rivas MANILA, Philippines (UPDATED) For the 4th quarter of 2020, the slump in gross domestic product is at 8.3% The coronavirus pandemic plunged the Philippine economy to its worst contraction since World War II, with gross domestic product (GDP) falling by 9.5% in 2020. The latest figure announced by the Philippine…