In 2023, the value of natural gas rents stood at 0.16% of GDP for the Philippines. Forecasted data indicates that this value will remain stable at 0.16% until 2025. Thereafter, a slight increase to 0.17% is expected from 2026 through 2028. Year-on-year variations show a stability with no changes through 2025 and a modest upward trend of approximately 6.25% starting in 2026. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is minimal, suggesting a relatively steady contribution of natural gas rents to GDP.
Future trends to watch for include potential changes in natural gas production and global energy prices, which could either boost or suppress natural gas rents as a percentage of GDP. Additionally, any significant policy shifts towards renewable energy sources could impact these forecasts. Monitoring geopolitical developments and advancements in natural gas extraction technology will also be crucial for future assessments.
