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Release Date :
Reference Number :
2024-SSO-019

 

The Philippine Statistics Authority (PSA) releases for the first time the results of the Provincial Product Accounts (PPA) of the 16 pilot regions outside the National Capital Region (NCR), covering 82 provinces and 17 Highly Urbanized Cities (HUCs) from November to December 2023. The PPA is a mechanism to compile the Gross Domestic Product (GDP) at the subnational level.

This Special Release highlights the overall economic performance of all the HUCs included in the PPA compilation in 2023.   
 

All HUCs in the 16 pilot regions registered annual growths in 2022, with City of Puerto Princesa posting the fastest growth.

Based on the latest PPA results, the GDP of the 17 pilot HUCs outside the NCR increased in 2022 from their levels in 2021. The City of Puerto Princesa recorded the fastest growth of 14.7 percent in 2022. This was followed by City of Tacloban, City of Lapu-Lapu, and City of Baguio, with 13.8 percent, 13.2 percent, and 11.3 percent annual growths, respectively. Moreover, 16 out of 17 HUCs recorded growths faster than the national GDP growth rate of 7.6 percent. (Figure 1)


Figure 1. Gross Domestic Product of HUCs in Terms of    
Annual Growth Rates at Constant 2018 Prices, 2022   
2021 to 2022 Annual Growth Rates of HUCs outside NCR


City of Davao accounted for the largest share to the national GDP among pilot HUCs.

In terms of share to the national GDP, among the HUCs, City of Davao had the largest share of 2.5 percent in 2022. This was followed by City of Cebu, City of Cagayan de Oro, and City of Baguio, with 1.4 percent, 1.3 percent, and 0.8 percent shares, respectively. (Table 1)


Table 1. Gross Domestic Product of HUCs in Terms of   
Share to National GDP at Constant 2018 Prices, 2022

RankProvince/HUCRegion2022 GDP  
(in Billion PhP)
Share to 2022 National GDP  
(in Percent)
 Philippines 19,943.63 
 All 17 HUCs  
(outside NCR)
 2,478.4212.43
1City of DavaoRegion XI (Davao Region) 495.31 2.48
2City of CebuRegion VII (Central Visayas) 288.64 1.45
3City of Cagayan de OroRegion X (Northern Mindanao) 261.78 1.31
4City of BaguioCordillera Administrative Region 155.03 0.78
5City of Lapu-LapuRegion VII (Central Visayas) 151.42 0.76
6City of IloiloRegion VI (Western Visayas) 145.05 0.73
7City of ZamboangaRegion IX (Zamboanga Peninsula) 139.47 0.70
8City of BacolodRegion VI (Western Visayas) 132.81 0.67
9City of AngelesRegion III (Central Luzon) 132.42 0.66
10City of General SantosRegion XII SOCCSKSARGEN) 129.02 0.65
11City of MandaueRegion VII (Central Visayas) 109.58 0.55
12City of IliganRegion X (Northern Mindanao) 77.02 0.39
13City of ButuanRegion XIII (Caraga) 57.37 0.29
14City of Puerto PrincesaMIMAROPA Region 53.08 0.27
15City of OlongapoRegion III (Central Luzon) 52.26 0.26
16City of TaclobanRegion VIII (Eastern Visayas) 51.53 0.26
17City of LucenaRegion IV-A (CALABARZON) 46.62 0.23

 

The compilation of PPA has been implemented in all regions in the Philippines as of 2023, except in the NCR, which is scheduled for pilot implementation in 2024. By 2025, the PPA is programmed to be institutionalized in all regions to ensure annual compilation for all provinces and HUCs in the country.

 

 

DIVINA GRACIA L. DEL PRADO, PhD  
Assistant Secretary  
Deputy National Statistician  
Sectoral Statistics Office

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