Answer:
the economy of the Philippines is the world's 29th largest economy by nominal GDP according to the International Monetary Fund 2020..
Is the Philippine economy improving¿
- After exhibiting 84 consecutive quarters of growth, the Philippine economy contracted in the first three quarters of 2020, amounting to an average real GDP decline of 10 percent. ... Meanwhile, the overall consumer confidence index was more optimistic at –47.9 percent in Q4 from –54.5 percent in Q3.
TRUE
