The Philippine digital economy reached P2.05 trillion in 2023, contributing 8.4 percent to the gross domestic product , according to Philippine Statistics Authority .
This represents a 7.7-percent increase from the P1.90-trillion digital economy value in 2022. The digital economy covers various digital transactions including those related to digital-enabling infrastructure, e-commerce, digital media/content and government digital services.Data from the PSA showed that of the digital sub-components, digital-enabling infrastructure made up the bulk of the digital economy amounting to P1.70 trillion.
The top three biggest shares under this component are telecommunication services, professional and business services and computer, electronic and optical products with 32.9-percent, 30.1-percent and 17.1-percent shares to the digital economy, respectively.E-commerce accounted for a share of 14 percent; digital media/content, 2.9 percent; and government digital services. 0.2 percent.E-commerce had the highest share in employment with 87.
000 athletes from 25 countries. The Forum is livestreamed via the PSA Facebook page fb.com/PhilippineSportswritersAssociation and aired on a delayed basis over Radyo Pilipinas 2