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SWS: 33% of Filipinos see economy improving in next 12 months

A farmer carries a bundle of harvested palay through a field in Albay. A Social Weather Stations (SWS) survey conducted in June this year shows that 33% of Filipinos anticipate economic improvement over the next year, lifting the country’s net economic optimism score to a "fair" +10 following a sharp dip in early 2026. PHOTO COURTESY OF GMA NEWS
A farmer carries a bundle of harvested palay through a field in Albay. A Social Weather Stations (SWS) survey conducted in June this year shows that 33% of Filipinos anticipate economic improvement over the next year, lifting the country’s net economic optimism score to a "fair" +10 following a sharp dip in early 2026. PHOTO COURTESY OF GMA NEWS

THIRTY-THREE percent of Filipinos expect the Philippine economy to improve in the next 12 months, the Social Weather Survey conducted from June 20 to 29 showed.

Twenty-four percent said it would get worse in the next 12 months, bringing the net economic optimism score to +10, which the Social Weather Stations (SWS) classify as fair. Thirty-two percent, meanwhile, said it will stay the same.

“The latest Net Economic Optimism score is a 24-point rebound from the low –14 in March 2026,” SWS said.

SWS said the March 2026 reading was the first negative Net Economic Optimism score since face-to-face interviewing resumed in November 2020.

“[It] was in fact the lowest since the COVID-19 pandemic disruption of mid-2020, when the score was –9 in July 2020 and –5 in September 2020, before recovering to a high +24 in November 2020,” the SWS said.

It said the net economic optimism had been on a gradual decline from the excellent and very high levels of 2021 to 2024, declining further to fair +18 in March 2025, mediocre +9 in September 2025 and +6 in November 2025, before falling into low territory in March 2026 and now rebounding to fair in June 2026.

Net economic optimism differs from net personal optimism, which reflects expectations about personal quality of life, according to SWS.

The survey question on expectations for the general Philippine economy in the next 12 months has been fielded 106 times since September 1998.

Respondents were asked the question, “Sa darating na 12 buwan, ano sa palagay ninyo ang mangyayari sa ekonomiya ng Pilipinas? Masasabi ba ninyo na ito ay BUBUTI, KAPAREHO LANG, o SASAMA?” (GMA News)

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