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The PSA Releases Results of the Overall Revision and Rebasing of the Regional Accounts

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The PSA released the revised regional accounts, namely the Gross Regional Domestic Product (GRDP) and Gross Regional Domestic Expenditure (GRDE). The revision followed the revised quarterly and annual national accounts released in April 2020.

All Economies of 17 Regions Grew in 2019 with Bicol Region as the Fastest Growing Region at 7.4 Percent

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All regional economies registered positive growth in 2019. Bicol Region posted the fastest growth at 7.4 percent in 2019. National Capital Region (NCR) and Davao Region are the next regions with high positive growth at 7.2 percent and 7.0, percent…

Release of Revised and Rebased to 2018 Regional Accounts of the Philippines

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The Philippine Statistics Authority (PSA) is set to release the Revised and Rebased to 2018 Regional Accounts of the Philippines on 22 October 2020 (Thursday). This will be released on the PSA website (www.psa.gov.ph).

All Regional Economies Grow in 2018

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The economies of all seventeen regions grew in 2018 with Bicol Region growing the fastest at 8.9 percent followed by Davao Region and MIMAROPA, with 8.6 percent.

Cordillera Administrative Region (CAR) records the fastest economic growth in 2017

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All seventeen regions posted positive economic growth in 2017 with CAR’s economy growing the fastest. Among the regions, nine (9) recorded accelerated economies during the year.

All regions of the Philippines posted positive economic growth in 2016

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All seventeen regions posted positive economic growth from 2015 to 2016 with Eastern Visayas’ economy growing the fastest. Ten regions recorded accelerated economies during the year: Eastern Visayas (12.4 percent); Central Luzon (9.5 percent);…

Bicol Region's economic growth was the fastest in 2015

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The economy of Bicol Region recorded the fastest growth among the 17 regions of the country in 2015 - growing at 8.4 percent and surpassing its growth of 4.3 percent in 2014. It was followed by Western Visayas and Davao Region which grew by 8.3…

Davao Region's economy records the fastest growth in 2014

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The economy of Davao Region recorded the fastest growth among the 17 regions of the country in 2014 – growing at 9.4 percent in 2014, surpassing its growth of 6.7 percent in 2013. It was followed by Central Luzon and Central Visayas which grew by 9.…

Bicol Region's economy posts fastest growth in 2013

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Bicol Region’s economy recorded the fastest growth among the country’s 17 regions in 2013. It grew by 9.4 percent in 2013, surpassing its growth of 6.9 percent in 2012. It was followed by: National Capital Region (NCR) with 9.1 percent; SOCCSKSARGEN…

Zamboanga Peninsula posts 12.4 percent economic growth in 2012; highest among all regions

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Zamboanga Peninsula’s economy soared 12.4 percent in 2012 from 0.1 percent in 2011. This was the fastest growth in 2012 among the country’s 17 regions. The impressive economic performance of the region was brought about by the accelerated growths of…