Push Admin

BPO industry revenues hit $26.7-B in 2020, up 1.4 percent: IBPAP

Article (news)

Pia Gutierrez, ABS-CBN News

<p>MANILA - The Philippines&#x27; business process outsourcing industry saw revenues climb 1.4 percent in 2020 even as the COVID-19 pandemic deeply affected the economy, according to data from the IT and Business Process Association of the Philippines (IBPAP).</p><p>Rey Untal, President and CEO of the IBPAP said that the industry generated a total of $26.7 Billion in 2020, as BPO companies implemented flexible work arrangements to ensure continued operations amid the pandemic.</p><p>Meanwhile, BPO companies also hired 1.8 percent more employees in 2020, for a total 1.32 million direct employment in the Philippines.</p><p>“Noong tiningnan po namin ang statistics noong 2020, nakakagulat po at kami po ay lumaki pa rin kahit hindi ganoong kalakihan ang aming pag-grow. I think from a headcount standpoint, lumago po kami ng 1.8 percent and another 1.4 percent po sa revenue,” he said during the Laging Handa briefing.</p><p>(When we were looking at the statistics for 2020, we were surprised that we were still able to grow, even if only a bit. I think from headcount standpoint, we grew 1.8 percent, and another 1.4 percent in revenue.)</p><p>Untal thanked the government for classifying BPO employees as essential workers, which allowed them to continue working during the pandemic.</p><p>BPO companies are gearing to start the vaccination of their employees, with at least 1 million doses of vaccines procured through a tripartite agreement with the national government and vaccine manufacturers.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/05/26/21/bpo-covid-vaccines-a4">BPO firms secure 1 million COVID-19 vaccine shots</a></li>	<li><a href="https://news.abs-cbn.com/business/02/15/21/bpos-seen-hiring-up-to-100000-this-year-work-from-home-also-here-to-stay">BPOs seen hiring up to 100,000 this year; work-from-home also here to stay</a></li></ul><p>Untal said that for 2021, the industry is anticipated to grow between 5 to 6.5 percent.</p><p>Untal said 87 percent of BPO companies expect to continue growing this year, based on a survey IBPAP conducted. These companies expect growth of between 5 to 15 percent. </p><p>&quot;So mukhang ang sentimyento ng mga negosyante, at country heads ay positibo ayon sa paglaki ng industriya ngayong 2021.”</p><p>(So it appears that the sentiment of businessmen and country heads is positive on the growth of the industry this 2021.)</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/05/21/21/bpo-sector-included-a4-priority-list-covid-19-vaccine">IATF OKs inclusion of BPO workers in A4 priority list for COVID-19 vaccination: trade chief</a></li>	<li><a href="https://news.abs-cbn.com/business/04/13/21/as-pogos-exit-e-commerce-bpos-buoy-office-space-demand-during-pandemic-leechiu">As POGOs exit, e-commerce, BPOs buoy office space demand during pandemic: Leechiu</a></li></ul><div><strong>RELATED VIDEO</strong></div><figure class="op-interactive"><iframe allow="autoplay; fullscreen" frameBorder="0" height="100%" id="ivsplayer01" scrolling="no" src="https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsplayer01&amp;key=e8c22c015ca9eafa76f1e3edfa03c603&amp;spid=3001339&amp;vid=1693270" width="100%"></iframe></figure><div class="iwantbar">Watch more in <a href="//www.iwantv.com.ph/">iWantv</a> or <a href="//tfc.tv/">TFC.tv</a></div>

<p>The industry generated a total of $26.7 Billion in 2020, as BPO companies implemented flexible work arrangements to ensure continued operations amid the pandemic.</p>

The industry generated a total of $26.7 Billion in 2020, as BPO companies implemented flexible work arrangements to ensure continued operations amid the pandemic.

BPO industry revenues hit $26.7-B in 2020, up 1.4 percent: IBPAP

News

Entertainment

Lifestyle

Sports

Metro.Style

More

BINI

Sudoku

Word of the Day

Lotto

Horoscope

Business

BPO industry revenues hit $26.7-B in 2020, up 1.4 percent: IBPAP

Pia Gutierrez,

ABS-CBN News

Published May 26, 2021 05:32 PM PHT

|

Updated May 26, 2021 06:54 PM PHT

Read More:

call center

BPO

IT

outsourcing

IBPAP

COVID-19

NTF Against COVID-19

IT and Business Process Association of the Philippines

Business Process Outsourcing

economy

ABS-CBN Newsletter

Your go-to source for the latest news, entertainment highlights, exclusive interviews, and updates on your favorite Kapamilya stars.

ABS-CBN Newsletter

Your go-to source for the latest news, entertainment highlights, exclusive interviews, and updates on your favorite Kapamilya stars.

Sign Up

I have read and agree to the Terms and Privacy Policy.

ABS-CBN is the leading media and entertainment company in the Philippines, offering quality content across TV, radio, digital, and film. Committed to public service and promoting Filipino values, ABS-CBN continues to inspire and connect audiences worldwide.

Corporate

Investors

Governance

International Distribution

Corporate

Governance

Investors

International Distribution

NPC Seal of Registration

Privacy Policy

AI Policy

Terms of Service

Advertise with Us

© 2026 ABS-CBN Corporation. All Rights Reserved.

NPC Seal of Registration

Privacy Policy

Terms of Service

AI Policy

Advertise with Us

© 2026 ABS-CBN Corporation. All Rights Reserved.

NPC Seal of Registration

Privacy Policy

Terms of Service

AI Policy

Advertise with Us

© 2026 ABS-CBN Corporation. All Rights Reserved.