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The National Capital Region (NCR)
- GRDP per Capita. The National Capital Region (NCR) continues to have the highest GRDP per capita at PhP443,782.0 in 2022.This is more than twice the next region, CAR at PhP183,827.0, 2.5 times the national average of PhP178,751.0 and almost eight (8) times the GRDP per capita of the Bangsamoro Autonomous Region of Muslim Mindanao (BARMM) at just PhP56,970.0.
cpbrd.congress.gov.ph/images/PDF Attachments/Facts in Figures/FF2023-34_2022_Gross_Regional_Domestic_Product.pdf
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Apr 25, 2024 · Household spending in 2023 increased for all regions with the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) posting the highest growth rate at 7.5 percent. This was followed by CALABARZON, 6.0 percent; and Central Visayas, 5.9 percent.
Feb 19, 2024 · Based on the latest PPA results, almost all provinces in the Philippines grew in 2022 from their levels in 2021. Aklan recorded the fastest growth of 22.5 percent. In terms of share to the national GDP, all 82 provinces had combined share of 56.1 percent to the national GDP in 2022.
Western Visayas posted the fastest growth at 9.3 percent in 2022. Cordillera Administrative Region (CAR) ranked second at 8.7 percent, followed by Davao Region at 8.15 percent. Other six regions with growth rates above the national level were: Central Luzon, 8.11 percent; Bicol Region, 8.06 percent; Cagayan Valley,
This is a list of regions and highly urbanized cities of the Philippines by GDP and GDP per capita according to the data by the Philippine Statistics Authority. [1][2] Data for 2023 estimates (international US$ using 2023 PPP conversion factor from the International Monetary Fund). [3]
RankRegion2023 Gdp (million Php)2023 Gdp (million Usd, Nominal)16,857,643124,96622,943,91156,53732,537,47841,84541,437,62825,116- Cebu: P208,271,460,000. Cebu is truly the Queen City of the South. As one of the Philippines’ most developed provinces, it serves as a global hub for business processing services, tourism, shipping, furniture manufacturing, and heavy industry.
- Batangas: P21,856,260,000. Batangas is a major contributor to the Calabarzon region’s economic prosperity. Agriculture and fisheries are the province’s major sectors, with abundant pineapple fields, tuna farms, and sugar plantations.
- Rizal: 20,979,600,000. Rizal province is known for its rich agriculture that produces high-value crops, while its aquaculture is abundant in culturally or commercially produced freshwater seafood.
- Davao De Oro: P18,750,900,000. Davao de Oro remains the wealthiest province in Mindanao in terms of assets according to the Commission on Audit’s 2020 report.
The regions with the highest approved foreign investments were CALABARZON (19.0 percent), Central Luzon (17.9 percent), and Ilocos Region (13.9 percent). Meanwhile, construction-related activities eased for the year, with approved building
Oct 10, 2023 · Richest cities. Among the top 20 richest cities, 10 are in Metro Manila. Quezon City, at top spot, reported total assets of P443.406 billion for 2022 – P7.6 billion lower than the P451.007...
