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Apr 25, 2024 · All economies of 17 regions continued to record positive growth in 2023. Central Visayas posted the fastest growth at 7.3 percent in 2023. Western Visayas ranked second at 7.2 percent, followed by Ilocos Region at 7.1 percent.
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)16,857,643124,96622,943,91156,53732,537,47841,84541,437,62825,116All seventeen (17) regions in the country showed continued positive economic performance, surpassing their pre-pandemic (2019) GDP levels. These were led by Western Visayas (9.3 percent) and Cordillera Administrative Region (8.7 percent). Meanwhile, the top three regions which contributed the most to the growth in GDP per
On government spending, all regions posted positive growths in 2022. National Capital Region topped among the regions at 7.4 percent, followed by Ilocos Region at 4.5 percent, Central Luzon at 4.23 percent, and MIMAROPA Region at 4.16 percent. (Figure 8)
Four regions recorded a lower share to GDP in 2020 compared to 2019: Region III (10.7 percent from 11.3 percent), Region IVA (14.5 percent from 14.6 percent), NCR (31.9 percent from 32.1 percent), and Region VII (6.4 percent from 6.5 percent). Gross regional domestic product (GRDP) was highest in
Gross Regional Domestic Product. For data inquiries, contact: Knowledge Management and Communications Division Philippine Statistics Authority 5/F CVEA Bldg., East Avenue, Quezon City Tel. No.: (632) 462-6600 loc. 823 Email: info@psa.gov.ph.
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Jan 24, 2022 · 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.
