Philippines Financial Pulse: Inflation Eases, Tourism Soars, and Investments Surge in 2024

Philippine Finance

Key financial highlights from the Philippines in 2024, covering inflation trends, tourism revenue, investment surges, and major government initiatives.

Inflation Tourism Investment Economy Philippines

12 Questions Easy Ages 5+ May 25, 2026

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About this Study Set

This study set covers Philippine Finance through 12 practice questions. Key financial highlights from the Philippines in 2024, covering inflation trends, tourism revenue, investment surges, and major government initiatives. Every question includes the correct answer so you can learn as you go — pick any format above to get started.

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Browse all 12 questions from the Philippines Financial Pulse: Inflation Eases, Tourism Soars, and Investments Surge in 2024 study set below. Each question shows the correct answer — select a study format above to practice interactively.

1 What was the average inflation rate in the Philippines for 2024?

A 3.2%
B 5.98%
C 2.9%
D 4.4%

2 Which sector was a key driver of PAGCOR's record-breaking revenue in 2024?

A Licensed casinos
B Electronic Games (E-Games) and E-Bingo
C Philippine Offshore Gaming Operations (POGOs)
D Casino Filipino venues

3 How much revenue did the Philippines record from international tourists in 2024?

A 10.32 billion USD
B 13.1 billion USD
C 760.5 billion pesos
D 6.5 billion USD

4 What was the total approved investment pledges in the Philippines as of November 2024, according to the Board of Investments (BOI)?

A PHP 1.101 trillion
B PHP 1.62 trillion
C PHP 1.38 trillion
D PHP 1.58 trillion

5 Which country was the top source of foreign tourists for the Philippines in 2024?

A United States
B Japan
C China
D South Korea

6 What percentage of the total monthly retail payment volume in the Philippines in 2024 was accounted for by digital transactions?

A 52.8%
B 57.4%
C 59.0%
D 54%

7 How much did the national government's debt service payments surge to in 2024?

A PHP 1.604 trillion
B PHP 2.027 trillion
C PHP 2.02 trillion
D PHP 16.02 trillion

8 What was the primary driver for the surge in renewable energy (RE) investments in the Philippines in 2024, with PHP 1.38 trillion allocated?

A Hydropower projects
B Investments in solar and wind energy
C Geothermal energy
D Biomass energy

9 According to the Bangko Sentral ng Pilipinas (BSP), what is the projected average inflation rate for 2025?

A 3.3%
B 3.5%
C 3.2%
D 2.9%

10 What was the total external debt of the Philippines as of end-December 2024?

A USD 139.64 billion
B USD 137.63 billion
C USD 8.9 billion
D USD 52.29 billion

11 What was the total revenue reported by PAGCOR for the full year 2024?

A PHP 79 billion
B PHP 81.98 billion
C PHP 112 billion
D PHP 111.71 billion

12 Which of these is NOT a focus area for infrastructure development in the Philippines?

A Transportation
B Green infrastructure
C Digital infrastructure
D Industrial infrastructure

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