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The Philippines surpassed its gross national income per capita target for 2023 under the Philippine Development Plan 2023-2028, reflecting the country’s robust economic growth and solid macroeconomic fundamentals, according to the National Economic and Development Authority .
“Achieving the GNI per capita target for 2023 solidifies our trajectory toward attaining upper middle-income country status within the next two years. However, our mission is far from complete. While we, of course, welcome news of such progress, what matters more to us is that the fruits of economic growth—opportunities, better jobs and higher incomes—are felt by all Filipinos, especially the poor.
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