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Published by Christy Balita,
Renewable energy had the highest value of approved investments in the Philippines in 2023, as reported by the Philippine Board of Investments. Approved investments in this sector amounted to 987.12 billion Philippine pesos in that year. This was followed by the information and communication sector with approved investments amounting to about 96 billion Philippine pesos.
Largest industries in the Philippines in 2023, by value of approved investments (in billion Philippine pesos)
Characteristic | Investment value in billion Philippine pesos |
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Release date
January 2024
More information
Region
Philippines
Survey time period
2023
Supplementary notes
One Philippines peso is equal to 0.018 U.S. dollars and 0.017 euros as of March 2023.
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