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

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.

Source: CoinGeek