e-Conomy SEA 2026 report: Philippines’ digital economy on track to reach $42B GMV in 2026

Homepage > News > Business > e-Conomy SEA 2026 report: Philippines’ digital economy on track to reach $42B GMV in 2026 Digital economy deepening through acceleration of digital payments and sustainable monetization AI adoption and increasing usage have potential to grow with policy support, evolving Filipino user behavior Long-term AI and digital growth in the Philippines remains promising Manila, PHILIPPINES, November 3, 2026 – The Philippines’ digital economy is on track to grow and hit $42 billion in gross merchandise value (GMV) by the end of 2026, a 15 percent year-on-year growth from $36 billion in 2025, and also currently projected to reach as high as $157 billion by 2035, according to the 11th annual e-Conomy SEA report released by Google, Temasek, and Bain & Company. This year’s report, titled “Building the Intelligent Economy,” found that the Philippines’ digital economy is continuing to accelerate, increasingly helped by AI adoption and usage as a growth lever. Despite geopolitical and macroeconomic headwinds, there is an optimistic outlook for the long-term growth of AI and the digital industry, especially with policy support in the 2026 launch of the Natio...