Philippines predictions for 2023 | Future timeline | Quantumrun (2024)

Read 18 predictions about Philippines in 2023, a year that will see this country experience significant change in its politics, economics, technology, culture, and environment. It’s your future, discover what you’re in for.

Quantumrun Foresight prepared this list; A trend intelligence consulting firm that uses strategic foresight to help companies thrive from future trends in foresight. This is just one of many possible futures society may experience.

International relations predictions for Philippines in 2023

International relations predictions to impact Philippines in 2023 include:

  • The Philippines contentiously aligns with the United States and commits to a joint project that would place a High-Mobility Artillery Rocket System (HIMARS) in the South China Sea. Likelihood 40%1

  • A four-year cultural exchange program established by President Duterte in 2019 between the Philippines and India comes to an end this year. Likelihood 80%1

Politics predictions for Philippines in 2023

Politics related predictions to impact Philippines in 2023 include:

  • U.S., Philippines: A rocket deal that will make waves in the South China Sea.Link

Government predictions for Philippines in 2023

Government related predictions to impact Philippines in 2023 include:

  • BSP chief Diokno: PH to be ‘cash-lite’ by 2023.Link

  • National ID rollout completed by mid-2022.Link

Economy predictions for Philippines in 2023

Economy related predictions to impact Philippines in 2023 include:

  • New tech including blockchain, digital currency and biometrics drives the Philippines' money transfer and bill payment market to $42 billion this year. Likelihood 60%1

Technology predictions for Philippines in 2023

Technology related predictions to impact Philippines in 2023 include:

  • The internet penetration rate reaches 62%, up from 59% in 2023, before expanding to 65% (2025) and 68% (2026). Likelihood: 65 percent.1

Culture predictions for Philippines in 2023

Culture related predictions to impact Philippines in 2023 include:

Defense predictions for in 2023

Defense related predictions to impact Philippines in 2023 include:

  • The government acquires several multirole fighter (MRF) jets. Likelihood: 60 percent1

  • Duterte's military budget drives modernization with Manilla acquiring four submarines this year. Likelihood 70%1

  • Department of National Defense to acquire multirole fighter jets this year after budget delays in 2020. Likelihood 60%1

Infrastructure predictions for Philippines in 2023

Infrastructure related predictions to impact Philippines in 2023 include:

  • This year, the First Gen Corp. completes construction on two gas-fired power plant projects next to San Gabriel that began in 2020. Likelihood 50%1

  • First Gen eyes completion of 2 LNG plants in 2023.Link

Environment predictions for Philippines in 2023

Environment related predictions to impact Philippines in 2023 include:

Science predictions for Philippines in 2023

Science related predictions to impact Philippines in 2023 include:

Health predictions for Philippines in 2023

Health related predictions to impact Philippines in 2023 include:

  • Medical device industry revenue in the Philippines reaches 1,300 million USD this year due to a surge in demand for diagnostic imaging machines. Likelihood 60%1

  • National smoking prevalence down to 20% since sin tax raise on tobacco products in 2019. Likelihood 50%1

  • Philippines medical devices industry revenue is expected to reach around USD 1,300 million by 2023: Ken Research.Link

  • Law raising sin tax on tobacco signed, vapor products taxed too.Link

More predictions from 2023

Read the top global predictions from 2023 - click here

Next scheduled update for this resource page

January 7, 2022. Last updated January 7, 2020.

Suggestions?

Suggest a correction to improve the content of this page.

Also, tip us about any future subject or trend you'd like us to cover.

Read more predictions about Philippines from future years by using the timeline buttons below

Philippines predictions for 2023 | Future timeline | Quantumrun (2024)

References

Top Articles
Latest Posts
Article information

Author: Eusebia Nader

Last Updated:

Views: 6008

Rating: 5 / 5 (80 voted)

Reviews: 95% of readers found this page helpful

Author information

Name: Eusebia Nader

Birthday: 1994-11-11

Address: Apt. 721 977 Ebert Meadows, Jereville, GA 73618-6603

Phone: +2316203969400

Job: International Farming Consultant

Hobby: Reading, Photography, Shooting, Singing, Magic, Kayaking, Mushroom hunting

Introduction: My name is Eusebia Nader, I am a encouraging, brainy, lively, nice, famous, healthy, clever person who loves writing and wants to share my knowledge and understanding with you.