Home > Business MULTIMEDIA Construction underway as PH logs faster-than-expected economic growth Mark Demayo, ABS-CBN News Posted at Jan 27 2022 05:36 PM Share Facebook Twitter Pinterest Viber Construction moves forward for a commercial establishment in Quezon City on Thursday, the same day the Philippine Statistics Authority announced a faster-than-expected GDP growth rate. The statistics bureau on Thursday said the country posted a 5.6 percent growth rate in 2021, exceeding the government's own 5 to 5.5 percent target, as looser COVID-19 restrictions propelled recovery. Philippine economy grows 5.6 percent in 2021, exceeds target Read More: economy construction PSA Philippine Statistics Authority GDP Philippine GDP growth rate gross domestic product