The Philippine ocean economy surpassed P1 trillion in 2025, growing by 5.3 percent year-on-year, according to Philstar Biz. The expansion was primarily fueled by increased fishing output and a rise in marine equipment manufacturing activity.
The fishing subsector posted a notable rebound, supported by favorable weather conditions and improved fishing technologies. Meanwhile, marine equipment manufacturing benefited from higher demand for ship parts and offshore infrastructure components.
The growth signals the ocean economy's resilience and its increasing role in the national economy. Analysts expect continued expansion as the government pushes for sustainable fisheries and maritime industry development.