Asian Development Bank indicates in a report that, due to rising risks from the Middle East conflict, the Philippines' economic growth will continue to be under pressure in 2026.

The report states that private consumption and investment will continue to benefit from the Philippine central bank’s monetary easing policy since 2024. However, recent inflationary pressures and increased uncertainty from conflicts will partly offset this positive effect. The Asian Development Bank noted that this would weigh on investment and affect household purchasing power. In addition, with about 17% of the Philippines’ overseas remittances coming from the Middle East, a prolonged conflict would also affect remittance growth. The Asian Development Bank forecasts that the Philippines’ GDP growth rate in 2026 will remain the same as last year, at 4.4%.