Surigao del Norte recorded the fastest economic growth in 2023 in Caraga at 7.2 percent from its level in 2022. The City of Butuan and Dinagat Islands followed with growths of 6.6 percent and 5.3 percent, respectively. The three economies posted…
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All provinces and Highly Urbanized City (HUC) in Davao Region posted economic growths in 2023 from their levels in 2022. City of Davao recorded the fastest growth at 7.5 percent. This was followed by Davao del Sur and Davao de Oro with growths of 6.…
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All provinces and Highly Urbanized City (HUC) in SOCCSKSARGEN registered Gross Domestic Product (GDP) growths in 2023 from their levels in 2022. The province of Sultan Kudarat posted the fastest growth at 5.2 percent. This was followed by Cotabato…
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All provinces and Highly Urbanized Cities (HUCs) in Northern Mindanao recorded positive economic growths in 2023 from their levels in 2022. Camiguin registered the fastest growth at 11.0 percent, followed by Misamis Occidental at 6.7 percent, and…
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All six provinces and one Highly Urbanized City in Eastern Visayas posted economic growths in 2023 compared to their levels in 2022. Eastern Samar recorded the fastest growth at 8.1 percent, faster than the regional growth of 6.38 percent. Other…
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The Cebu Island of Central Visayas comprising Cebu Province and the three Highly Urbanized Cities (HUCs) of Cebu, Mandaue, and Lapu-Lapu reached a trillion-peso Gross Domestic Product (GDP) amounting to PhP 1.01 trillion in 2023. The City of Lapu-…
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All six provinces and two Highly Urbanized Cities post positive economic growths in 2023 compared to their levels in 2022. The City of Iloilo and City of Bacolod post double-digit growth of 10.5 percent and 10.0 percent, respectively. They were…
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All provinces and Highly Urbanized City (HUC) in MIMAROPA Region posted positive economic growths in 2023 from their levels in 2022. The City of Puerto Princesa recorded the fastest growth at 10.6 percent, followed by Romblon at 7.3 percent,…
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The Philippine Statistics Authority (PSA) releases the first ever report of the Provincial Product Accounts (PPA) of the National Capital Region (NCR) covering the period 2018 to 2023. The release covers the Gross Domestic Product (GDP) of 16 highly…
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The Gross Domestic Product of all the provinces and Highly Urbanized City (HUC) in CALABARZON continued to expand in 2023 compared to their levels in 2022. The City of Lucena registered the fastest growth at 8.9 percent, followed by Cavite and Rizal…
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All provinces and Highly Urbanized City in the Cordillera Administrative Region posted economic growths in 2023 from their levels in 2022. The City of Baguio registered the fastest growth at 9.0 percent and was followed by Mountain Province and…
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All seven provinces and two Highly Urbanized Cities (HUCs) in Central Luzon posted economic growth in 2023 from their levels in 2022. The City of Olongapo registered the fastest growth at 7.53 percent, closely followed by the City of Angeles at 7.48…
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The Philippine Statistics Authority (PSA) is set to release the results of the Provincial Product Accounts (PPA) on the 2023 economic performance of all the 82 provinces and 33 highly urbanized cities (HUCs) in the Philippines through the conduct of…
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On 04 July 2024, the Philippine Statistics Authority (PSA) organized a Consultation Workshop with Stakeholders and Validation of the 2018 Provincial Product Accounts Benchmark Estimates for the 16 Highly Urbanized Cities and one municipality in the…
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This Special Release highlights the economic performance of all provinces and HUCs included in the PPA compilation in 2023 in terms of Gross Value Added (GVA) of major industries, particularly the GVA of Services. Services is composed of
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