PHL digital economy now worth over P2T, says PSA | Cai U. Ordinario

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PHL digital economy now worth over P2T, says PSA | Cai U. Ordinario
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The value of the coun-try’s digital economy is now over P2 trillion based on the latest data released by the Philippine Statistics Authority (PSA). Know more:

THE value of the coun-try’s digital economy is now over P2 trillion based on the latest data released by the Philippine Statistics Authority .

“Overall GDP grew faster than the Digital Economy sub sector. GDP at current 2022 growth rate 13.5 percent,” National Statistician Claire Dennis S. Mapa told BusinessMirror on Wednesday. Of the total amount of digital transactions in 2022, Digital-enabling infrastructure made up the largest share amounting to P1.6 trillion or 77.2 percent.

Meanwhile, the data showed that digital media/content accounted for P57.41 billion or 2.8 percent of the total digital economy. It grew by 11.8 percent in 2022.

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