Growth is being fueled by booming e-commerce, rising digital payments, and rapid adoption of artificial intelligence (AI), according to the latest e-Conomy SEA 2025 report by Google, Temasek, and Bain & Company.
In the latest Google study, the Philippines has been identified as the fastest growing digital economy in Southeast Asia (SEA) for 2024, reaching approximately $31 billion in gross merchandise value (GMV).