Highlights

 

Gross Regional Domestic Product of the Philippines Highlights for 2011

Release Date: 26 July 2012
 
Philippine economy grows by 3.9 percent
 
The Philippine economy grew by a relatively feeble 3.9 percent in 2011 from 7.6 percent in the high growth period of 2010 amidst government underspending on infrastructure, sustained decline in fishing and exogenous economic woes.
 
Both Industry and Services sectors posted a decelerated growth of 2.3 percent and 5.1 percent from 11.6 percent and 7.2 percent, respectively.  The rebound of Agriculture, Hunting, Forestry and Fishing (AHFF) to 2.7 percent from a decline of 0.2 percent in 2010 was not enough to push up the growth of the economy.
 
Other major subsectors that contributed to the growth were: Manufacturing (4.7 percent); Real Estate, Renting and Business Activities (9.3 percent); and, Other Services (6.6 percent).
 
 
Caraga’s economy records fastest growth
 
Caraga’s economy posted the fastest growth among the country’s 17 regions with an accelerated rate of 9.6 percent in 2011 from 7.4 percent in 2010.  This was followed by: Central Visayas with a 7.9 percent growth; Central Luzon, 7.5 percent; Western Visayas, 5.5 percent; and, Cagayan Valley, 5.4 percent.
 
On the other hand, the economy of the Autonomous Region in Muslim Mindanao (ARMM), declined by 1.0 percent in 2011 from a growth of 2.3 percent in 2010.
 
The other regions that posted the biggest deceleration were  Zamboanga Peninsula, 0.1 percent from 3.6 percent; Eastern Visayas, 1.8 percent from 2.0 percent; Cordillera Administrative Region, 2.1 percent from 6.3 percent; and, Northern Mindanao, 2.5 percent from 6.9 percent.
 
 
 
 
Only five regions post accelerated growths
 
Out of the country’s 17 regions, only five regional economies posted accelerated growths from 2010 to 2011.
 
Cagayan Valley posted the biggest jump in growth with 6.5 percentage points as its economy bounced back from a decline of 1.1 percent in 2010 to a growth of 5.4 percent in 2011. Other regions which experienced accelerated growths were: Caraga, 7.4 percent to 9.6 percent; SOCCSKSARGEN, 2.0 percent to 4.0 percent; Western Visayas, 3.7 percent to 5.5 percent; and, MIMAROPA, 1.1 percent to 2.5 percent.
 
Meanwhile, the growth rate of CALABARZON’s economy took the biggest dive by 8.5 percentage points from 11.1 percent in 2010 to 2.6 percent in 2011 while that of Central Visayas dropped by 4.6 percentage points from 12.5 percent to 7.9 percent.
 
 
 
NCR continues to be top contributor to the national economy
 
NCR continued to have the largest share of the country’s total output with a 35.7 percent share in 2011, slightly lower than the 35.8 percent posted in 2010 and 2009. It is followed by CALABARZON with a share of 17.4 percent and Central Luzon with 9.3 percent. On the other hand, ARMM has the lowest share of 0.8 percent of the country’s GDP.
 
In terms of share to the national GDP growth of 3.9 percent in 2011, NCR contributed 1.3 percentage points followed by Central Luzon with 0.7 percentage point and Central Visayas and CALABARZON which contributed 0.5 percentage point each. ARMM, on the other hand, had a negative contribution.
 
 
Economic Performance of the Regions
 
NCR’s economic growth decelerates
 
NCR’s economy decelerated from 7.6 percent in 2010 to 3.5 percent in 2011. This was brought about by the slump in all the sectors of the region’s economy, with the largest dive of negative 3.0 percent in the Industry sector.
 
The Service sector accounted for the largest share of the NCR’s economy at 81.9 percent in 2011, a slight increase from the 80.7 percentage share registered in 2010. Industry posted a lower percentage share of 17.6 percent in 2011 than the 18.8 percent recorded in 2010. AHFF maintained its meager share of 0.5 percent in the NCR’s economy.
 
Although the Service sector had the largest share, it decelerated from 8.0 percent in 2010 to 5.0 percent in 2011 due to the lackluster performance of four of its sub-sectors. Trade decelerated from 7.7 percent to 3.0 percent; Financial Intermediation from 9.7 percent to 5.4 percent; Public Administration and Defense; Compulsory Social Security from 4.3 percent to 1.9 percent; and Other Services from 12.7 percent to 5.9 percent. These downturns were slightly cushioned by the accelerated growths of the Transport, Storage and Communication (TSC) subsector from 0.6 percent to 2.2 percent; and the Real Estate, Renting and Business Activities (RERBA) subsector from 8.7 percent to 10.5 percent in 2011.
 
The Industry sector which accounted for 17.6 percent of NCR’s domestic output in 2011, experienced a reversal from a 6.0 percent growth in 2010 to a 3.0 percent decline in 2011. This was mainly brought about by the Construction subsector which suffered a decline of 20.4 percent in 2011, a reversal from the 30.4 percent growth in 2010. Electricity, Gas and Water Supply slightly declined to 0.1 percent from a 12.2 percent growth in 2010.  Manufacturing, on the other hand, bounced back from negative 3.2 percent to 3.4 percent in 2011.
 
AHFF which had a meager share of 0.5 of NCR’s economy in 2011, also experienced a reversal from a 0.2 percent growth in 2010 to negative 0.4 percent in 2011 as the Fishing subsector sank deeper to negative 4.4 percent in 2011 from negative 2.5 percent the previous year.
 
The Service sector contributed 2.9 percentage points to the overall growth of NCR, while the Industry sector pulled down the region’s growth by 0.6 percentage point. AHFFs contribution to NCR’s economic growth was nil.
 
 
Cordillera economy slows down due to the Industry sector’s deceleration
 
The economy of CAR decelerated to 2.1 percent in 2011 from 6.3 percent the previous year.  The slowing down of the economy was due to the decelerated growth of the Industry sector.
 
The Industry sector accounted for the bulk of the region’s economy with a share of 53.0 percent in 2011, slightly lower than its 53.1 percent share in 2010.  The Service sector’s share was 36.4 percent, an increase from its year-ago share of 36.2 percent.  Meanwhile, AHFF accounted for the lowest share at 10.6 percent – lower than its 10.8 percent share the previous year.
 
The Industry sector significantly decelerated from 8.6 percent in 2010 to 1.9 percent in 2011.  The Electricity, Gas and Water Supply subsector slowed down from 7.0 percent in 2010 to 3.1 percent in 2011. Meanwhile, Mining and Quarrying sank deeper to negative 11.4 percent from negative 0.3 percent due to the decline of gold production.  and the Construction subsector suffered a reversal in growth from a 4.1 percent growth in 2010 to negative 6.0 percent in 2011 due to subdued public construction.
 
The Service sector also slowed down from 5.8 percent in 2010 to 2.9 percent in 2011.  The Other Services subsector cushioned the slowdown with a remarkable accelerated growth of 9.3 percent in 2011, almost four times its growth of 2.4 percent in 2010.  
 
RERBA also continued to accelerate from 3.8 percent in 2010 to 5.6 percent in 2011 with the help of Business Process Outsourcing (BPO) activities in the region.  The other subsectors posted decelerated growths while Financial Intermediation suffered a sharp reversal from a double digit growth of 24.6 percent in 2010 to negative 7.7 percent in 2011 as well as Public Administration which shrank from 5.9 percent to negative 3.0 percent.
 
The AHFF sector had slowly reeled from the damages of Typhoon Pepeng and posted a modest growth of 0.4 percent in 2011 from a decline of 2.7 percent in 2010.  The Fishing subsector showed a big reversal in growth from negative 17.9 percent in 2010 to 3.1 percent in 2011 while Agriculture and Forestry also rebounded from negative 2.5 percent in 2010 to 0.3 percent in 2011.
 
The Service sector was the highest contributor to the region’s economic growth rate with 1.1 percentage points followed by Industry that contributed 1.0 percentage points.
 
 
The economy of Ilocos Region decelerates 
 
The economy of Region I decelerated to 3.0 percent in 2011 from a 7.1 percent growth in 2010.  This was brought about by the decelerated growth of the Service sector and AHFF, and a decline in the Industry sector. 
 
The Service sector posted the highest share to the region’s total domestic output at 49.4 percent in 2011 from 47.8 percent in 2010.  Meanwhile, the Industry sector accounted for 25.7 percent in 2011, while AHFF accounted for 24.8 percent.
 
The growth of the Service sector decelerated at 6.4 percent in 2011 from 6.6 percent in the previous year. Meanwhile, the growth of Other Services; RERBA; and, TSC accelerated to 9.4, 7.1 and 3.3 percent, respectively, in 2011.  On the other hand, Financial Intermediation and Trade slowed down to 11.4 and 3.4 percent growth in 2011. Meanwhile, Public Administration and Defense, Compulsory Social Services suffered a reversal in 2011 at negative 1.1 percent from a 2.8 percent growth in 2010.
 
AHFF decelerated from 5.3 percent in 2010 to 1.7 percent in 2011 due to the slower growth of Agriculture and Forestry (from 6.3 percent to 1.1 percent) which in turn was due to the minimal production of crops.   
Meanwhile, the Industry sector suffered a decline - from a 9.7 percent growth in 2010 to negative 2.0 percent in 2011. This was brought about by the reversal in growth of Construction and Manufacturing which recorded declines of 5.5 and 3.9 percent, respectively.  On the other hand, Mining and Quarrying slowed down significantly from 24.7 percent in 2010 to 5.6 percent in 2011 while Electricity, Gas and Water Supply decelerated from 11.5 percent to 0.2 percent.
 
The Service and AHFF sectors contributed 3.1 and 0.4 percentage points, respectively, to the region’s overall growth.  However, Industry sector pulled down the growth by 0.5 percentage points. 
 
 
Cagayan Valley’s economy turns around as AHFF sector rebounds
 
The economy of Cagayan Valley registered a 5.4 percent growth in 2011, a turnaround from its 1.1 percent decline in 2010. This was largely attributed to the accelerated growth of AHFF.
 
Services recorded the largest share to the region’s economy at 49.3 percent, slightly lower than its 50.1 percent share the previous year. AHFF contributed 39.8 percent while the Industry shared 10.9 percent.
 
Services slightly decelerated from 3.7 percent in 2010 to 3.6 percent in 2011 due to the decelerated growths of Trade and Financial Intermediation and the slump of Public Administration and Defense. Other Services accelerated from 1.9 percent in 2010 to 7.5 percent in 2011. RERBA also accelerated from 2.7 percent to 4.6 percent. Trade and Financial Intermediation recorded slower growths of 3.2 percent and 2.0 percent, respectively. On the other hand, TSC bounced back from a decline of 0.6 percent to a 2.6 percent growth while Public Administration suffered a reversal from 9.0 percent to negative 2.3 percent.
 
AHFF rebounded from a decline of 10.8 percent in 2010 to a 13.3 percent growth in 2011. This was attributed to Agriculture and Forestry which growth turned around from negative 11.0 percent to 13.8 percent. In addition, Fishing also recovered from a decline of 6.5 percent in 2010 to a 5.3 percent growth in 2011.
 
On the other hand, Industry suffered a reversal from a 14.1 percent growth in 2010 to negative 10.6 percent in 2011. This was due to the decline in Construction from 10.0 percent in 2010 to negative 23.9 in 2011. Meanwhile the other subsectors decelerated: EGW decelerated  from 11.4 percent to 0.4 percent,  Mining and Quarrying from 24.9 percent to 7.2 percent and Manufacturing from 34.6 percent to 24.3 percent.
 
AHFF contributed the highest to the region’s growth with 4.9 percentage points followed by the Service sector with 1.8 percentage points. However, Industry sector pulled down the growth by 1.4 percentage points.
 
 
Central Luzon economy decelerates as Manufacturing slows down
 
The growth rate of Central Luzon’s economy slowed down from 10.7 percent in 2010 to 7.5 percent in 2011. This was largely attributed to the decelerated growth of the region’s  Industry sector.
 
The Industry sector recorded the biggest share of the region’s economy in 2011 with a 42.5 percentage share, an increase of 2.6 percentage points from its share of 39.9 percent in 2010.  The Service sector was not able to hold the bulk of the region’s economy as its share decreased from 41.6 percent in 2010 to 40.5 percent in 2011. Meanwhile, AHFF accounted for 17.0 percent, lower than its previous share of 18.5 percent.
 
The Industry sector slowed down from 21.3 percent in 2010 to 14.4 percent in 2011 -resulting mainly from the deceleration of Manufacturing which was the major contributor to the sector. Manufacturing decelerated from 26.0 percent to 16.7 percent. Mining and Quarrying also slowed down from 64.1 percent to 25.1 percent. Construction, on the other hand, accelerated from 4.9 percent to 7.8 percent.  Meanwhile, Electricity, Gas and Water Supply suffered a reversal, from a 5.7 percent growth in 2010 to negative 0.5 percent in 2011.
 
The Service sector also decelerated from 5.4 percent in 2010 to 4.8 percent in 2011. TSC bounced back from a decline of 0.7 percent in 2010 to a 2.8 percent growth in 2011.  The other subsectors which posted accelerated growths were RERBA from 6.1 to 6.4 percent and Other Services from 5.9 to 6.7 percent. Meanwhile, Financial Intermediation and Trade recorded decelerated growths from 9.8 to 9.2 percent and 9.3 to 3.2 percent, respectively. Public Administration on the other hand, declined from 6.7 percent to negative 1.0 percent.
 
The Industry and Service sectors contributed 5.8 and 2.0 percentage points, respectively, to the region’s overall growth.  However, AHFF pulled down the growth of the region by 0.3 percentage point.
 
 
CALABARZON’s economy slows down as AHFF and Industry sectors decelerate
 
The economy of CALABARZON slowed down to a 2.6 percent growth in 2011 from an impressive 11.1 percent surge in 2010. AHFF and Industry barely stayed afloat while growth in Services accelerated slightly.
 
Among the sectors, Industry accounted for the largest share of the region’s total economy  at 61.8 percent followed by the Service sector which accounted for 32.0 percent and the AHFF with a 6.2 percentage share. 
 
Industry slowed down from a healthy 15.2 percent pace in 2010 to a 1.2 percent growth in 2011 brought about by the deceleration in the growth of all its subsectors. Mining and quarrying barely moved - from a high growth of 23.9 percent to 0.9 percent. Similarly, Electricity, Gas and Water Supply decelerated from a high 12.6 percent growth in 2010 to a mere 0.5 percent growth in 2011. Manufacturing also significantly slowed down from 15.5 percent to 1.0 percent. Although Construction posted a modest growth of 5.2 percent in 2011, it is still a deceleration from its 13.3 percent growth in the previous year. 
 
Meanwhile, the Service sector in the region posted an accelerated growth of 5.6 percent in 2011 from 5.4 percent in 2010. RERBA expanded at a faster rate of 9.3 percent in 2011 against its 7.2 percent growth in the previous year. Other Services also accelerated from 4.2 percent to 6.2 percent. Meanwhile, Trade grew at a decelerated 4.4 percent pace in 2011 from 8.4 percent a year ago.  Similarly, Financial Intermediation slowed down to 5.3 percent from a 7.4 percent growth in 2010. On the other hand, TSC turned around from a 0.5 percent slump to post a 3.4 percent growth. Public Administration and Defense however, shrunk by 0.7 percent in 2011 from a growth of 7.3 percent a year ago.
 
Growth in the AHFF sector dropped to 1.0 percent, despite the slight acceleration in the Agriculture and Forestry subsector.  From a 2.5 percent growth in 2010, Agriculture and Forestry expanded in 2011 at 3.1 percent. However, the 5.8 slump in the Fishing subsector from a 2.9 percent growth the previous year, pulled down the overall growth of the AHFF. 
 
The Service sector was the biggest contributor to the growth of CALABARZON’s economy at 1.7 percentage points. Industry accounted for 0.8 percentage point of the growth while AHFF contributed the least at 0.1 percentage point.
 
 
Mining and Quarrying hikes MIMAROPA’s economy 
 
MIMAROPA’s economy accelerated from 1.1 percent in 2010 to 2.5 percent in 2011, fueled by the Service sector and AHFF. 
 
The Service sector recorded the largest share of the region’s economy at 38.6 percent followed by Industry with a 33.8 percentage share and AHFF with 27.7 percent.
 
The Service sector posted a decelerated growth of 5.4 percent in 2011 from 5.6 percent in 2010. All its subsectors decelerated except for TSC and RERBA which remarkably grew from 0.1 to 8.1 percent and from 5.9 to 8.6 percent, respectively.  Trade decelerated from 6.6 percent to 2.4 percent; Financial Intermediation from 11.7 percent to 5.7 percent; and Other Services, from 7.1 percent to 6.0 percent.
 
The Industry sector showed improvement but still posted a decline:  from negative 1.5 percent in 2010 to a lower negative 0.8 percent in 2011. Mining and Quarrying turned around from negative 3.7 percent in 2010 to a positive growth of 8.9 percent in 2011. Electricity, Gas and Water Supply contracted from 9.8 percent in 2010 to 1.0 percent in 2011. Construction, however, suffered a reversal from 6.7 percent in 2010 to negative 26.2 percent in 2011. Meanwhile, Manufacturing improved from negative 5.8 percent in 2010 to a lower negative 5.5 percent in 2011. 
 
The AHFF rebounded from negative 1.3 percent in 2010 to positive 2.8 percent in 2011. This was brought about by the impressive palay production which growth turned around from negative 7.9 percent to positive 14.5 percent. Likewise, corn production rebounded from negative 34.8 percent in 2010 to 24.3 percent in 2011.  However, livestock and poultry production dropped from 3.2 percent to a slower growth of 2.5 percent.
 
The Service sector is the biggest contributor to the total growth of the region contributing 2.0 percentage points. AHFF followed with a contribution of 0.8 percentage point. Industry however pulled down the region’s growth rate by 0.3 percentage point.  
 
 
Services sector buoys up Bicol Region’s economy in 2011
 
Bicol Region’s economy grew by 2.6 percent in 2011, half its pace in 2010. The Service sector’s 3.9 percent growth buoyed up the regional economy.
 
The region’s economy is largely comprised by the Service sector which had a percentage share of 55.5 percent followed by AHFF and Industry with percentage shares of 25.6 percent and 18.9 percent, respectively. 
 
The Service sector grew at a slightly faster rate of 3.9 percent in 2011 from 3.7 percent the previous year. TSC grew at an accelerated rate of 6.5 percent from an anemic 1.0 percent rate in 2010. Growth of the Trade sector, on the other hand, slowed down from a robust 12.2 percent expansion in 2010 to 3.3 percent. Other services turned in the best performance among the Service subsectors with a much improved 7.7 percent expansion in 2011 from 2.6 percent a year ago. Meanwhile, Financial Intermediation declined from 0.5 percent to negative 0.1 percent and similarly, Public Administration and Defense declined  from a modest 5.6 percent growth in 2010 to negative 1.4 percent in 2011. 
 
The AHFF sector just managed to stay afloat at a growth of 0.7 percent in 2011 from a modest growth of 4.6 percent in 2010. The 0.8 percent contraction in the Fishing subsector compounded the lackluster performance of the Agriculture and Forestry subsector which hardly expanded with a 1.2 percent growth, a slowdown from the 4.8 percent performance in 2010. 
 
Growth in the industry sector skidded to 1.9 percent from a fast 10.9 percent expansion in 2010. The 38.8 percent surge in manufacturing was not enough to compensate for contractions in the Mining and Quarrying and Construction subsectors. Mining and Quarrying shrunk by 12.2 percent, a complete reversal from the 37.3 percent surge in 2010. Similarly, Construction plunged by 4.5 percent from a positive 4.7 percent growth in 2010. Electricity, Gas and Water Supply managed a decelerated growth from 7.8 percent in 2010 to 2.9 percent in 2011. 
 
Services was the largest contributor to the economic growth of Bicol Region in 2011 accounting for about 2.1 percentage points. Industry contributed 0.4 percentage point, while AHFF’s share was 0.2 percentage point.
 
 
Western Visayas economy recuperates as AHFF and Service sectors manage to grow 
 
The economy of Western Visayas managed to expand by 5.5 percent in 2011 from a growth of 3.7 percent in 2010 as the two major sectors - AHFF and the Service sector improved.  
 
Services accounted for 57.5 percent of the region’s economy in 2011 – slightly lower than its 58.2 percentage share in 2010. Meanwhile, AHFF’s percentage share was 26.7 percent and that of Industry was 15.8 percent in 2011.
 
Services grew by 4.3 percent in 2011 - slower than its 6.8 percent growth in 2010. Almost all subsectors except for TSC and RERBA recorded slower growths. TSC which accounted for 19.8 percent of the service sector expanded from 3.8 percent in 2010 to 5.4 percent in 2011 and RERBA accelerated from 3.5 percent to 4.1 percent. Meanwhile, Other Services posted a slower growth of 4.7 percent in 2011 from 6.0 percent a year ago.  Trade and Financial Intermediation likewise decelerated - from double digit growths of 10.4 percent and 10.6 percent, respectively in 2010 to single digit growths of 3.9 and 6.1 percent, respectively in 2011. On the other hand, Public Administration and Defense suffered a reversal from a 7.9 percent growth in 2010 to negative 1.1 percent in 2011.
 
AHFF rebounded from negative 6.7 percent in 2010 to positive 13.8 percent in 2011. This was brought about by the improved Agriculture and Forestry subsectors which growth turned around from negative 8.6 percent to 17.5 percent. Meanwhile, Fishing posted an accelerated gorth of 1.9 percent in 2011 from a mere 0.1 percent in 2010.   
 
Industry suffered a reversal in growth  from 10.4 percent in 2010 to negative 2.6 percent in 2011. The 10.6 percent notable growth of the Mining and Quarrying in 2011 did not offset the declines recorded by Manufacturing and Construction which plummeted to negative 3.5 and negative 6.4 percent, respectively from their modest growths of 8.4 and 10.9 percent, respectively in 2010. Electricity, gas and water supply decelerated from 9.3 percent to 2.2 percent.
 
AHFF was the largest contributor to the region’s economic growth with 3.4 percentage points followed by the Service sector which contributed 2.5 percentage points. The Industry sector, however, pulled down the region’s growth by 0.4 percentage point.
 
 
Central Visayas economy sustains high growth albeit the slowdown in the Industry and Service sectors
 
The economy of Central Visayas posted a remarkable growth of 7.9 percent in 2011, albeit a deceleration from its 12.5 percent growth in 2010. The slowdown was brought about by the deceleration in the industry and service sectors, the two biggest contributors to the regional economy.  
 
Services accounted for the bulk of the region’s domestic output at 55.8 percent followed by Industry at 36.4 percent and AHFF at 7.8 percent. Among the three sectors, Industry’s share had been increasing during the period 2009 to 2011 while that of Services and AHFF had been decreasing.
 
Services decelerated from 8.8 percent in 2010 to 6.4 percent in 2011. Among the subsectors, only TSC (from 2.6 in 2010 to 6.1 percent in 2011), RERBA (10.2 to 10.9 percent), and Other Services (8.1 to 8.5 percent) posted accelerated growths while Trade (from 9.8 to 4.6 percent) and Financial Intermediation (14.0 to 2.9 percent) slowed down. On the other hand, Public Administration and Defense declined from 7.2 percent in 2010 to negative 0.7 percent in 2011.
 
Industry recorded the biggest deceleration from a hefty 22.1 percent growth in 2010 to 11.1 percent in 2011.  All its subsectors decelerated except for Construction which posted a robust growth of 21.5 percent in 2011 from 10.6 percent the previous year. Manufacturing remarkably slowed down from 28.2 percent in 2010 to 7.6 percent in 2011. Likewise, Mining and Quarrying decelerated from 30.8 to 13.8 percent and Electricity, Gas and Water Supply from 9.2 percent to 4.6 percent.
 
AHFF posted improvements as its growth accelerated from 0.9 percent in 2010 to 5.0 percent in 2011. This can be attributed to the 6.3 percent growth in Agriculture and Forestry subsector. Meanwhile, Fishing declined from 0.6 percent in 2010 to negative 1.0 percent in 2011
 
The Industry sector was the biggest contributor to the overall growth of the economy at 3.9 percentage points, followed by the Service sector at 3.6 percentage points. The AHFF sector contributed a meager 0.4 percentage point.
 
 
Eastern Visayas economy slows down as Service sector decelerates
 
The economy of Eastern Visayas decelerated from a 2.0 percent growth in 2010 to 1.8 percent in 2011.  The slowdown was brought about by the deceleration in the Service sector.  
 
Industry accounted for the bulk of the region’s economy at 43.9 percent followed by the Service sector with 35.6 percentage share and AHFF with 20.5 percentage share. While the shares of AHFF and Industry decreased from 2009 to 2011, the share of the Service sector had increased.
 
Industry rebounded from negative 0.05 percent in 2010 to 0.4 percent in 2011. Manufacturing, the biggest contributor among the subsectors, turned around from negative 1.7 percent in 2010 to 4.5 percent in 2011. Mining and Quarrying also posted a hefty growth of 62.3 percent from 19.2 percent a year ago. Meanwhile, Construction and EGWS declined from 5.1 to negative 15.5 and from 0.7 percent to negative 0.1 percent, respectively. 
 
Services decelerated from 6.1 percent in 2010 to 4.1 percent in 2011. Among the subsectors, TSC, Other Services and RERBA posted accelerated growths of 6.6 percent,6.5 percent and 5.3 percent, respectively. On the other hand, Financial Intermediation and Public Administration suffered reversals from 13.7 and 11.6 percent growth, respectively in 2010 to negative 1.8 and negative 1.6 percent, respectively in 2011. Meanwhile, Trade decelerated from 12.1 percent to 4.6 percent.
 
AHFF rebounded from negative 0.4 percent in 2010 to a 0.7 percent growth in 2011. Agriculture and Forestry subsector improved from negative 0.7 percent in 2010 to 1.3 percent in 2011. However, Fishing declined from a 0.9 percent growth in 2010 to negative 1.9 percent in 2011.
 
The Service sector was the biggest contributor to the region’s economic growth at 1.4 percentage points. AHFF and Industry sectors contributed 0.1 and 0.2 percentage point, respectively.  
 
 
Zamboanga Peninsula’s economy decelerates as Industry and AHFF reverse growths
 
The economic growth rate of Zamboanga Peninsula decelerated from 3.6 percent in 2010 to 0.1 percent in 2011. This was brought about by the slump in the Industry and AHFF sectors and the deceleration of the Service sector.
The Service sector accounted for the largest share of Zamboanga Peninsula’s economy with a 44.2 percent share in 2011, higher than its share of 41.9 percent a year ago. Industry sector posted a lower percentage share of 28.1 percent from 28.7 percent. AHFF, meanwhile, accounted for the lowest share at 27.7 percent, lower than its 29.4 percent share the previous year. While the percentage shares of Industry and AHFF decreased over the period 2009 to 2011, the percentage share of the Service sector increased.
 
The Service sector registered a decelerated growth of 5.8 percent in 2011 from 6.8 percent in 2010. This was due to the reversal in growth of Public Administration and Defense from 9.5 percent in 2010 to negative 1.7 percent in 2011. Meanwhile, Trade and Financial Intermediation decelerated from 9.1 percent to 3.4 percent and 16.2 percent to 4.4 percent, respectively. The impact of the reversal and decelerated growths, however, was cushioned by the accelerated growths in TSC (from 6.3 percent in 2010 to 8.0 in 2011); RERBA (from 3.5 to 6.0 percent); and Other Services (from 2.7 to 10.5 percent).
 
Meanwhile, the Industry sector suffered a reversal from 1.1 percent in 2010 to negative 2.0 percent in 2011, due to the reversals in growth of all its subsectors except Manufacturing which rebounded from negative 1.4 percent to 0.2 percent. Mining and Quarrying suffered a reversal from a double-digit growth of 11.8 percent to negative 11.8 percent; Construction slumped from 7.7 percent to negative 8.8 percent; and Electricity, Gas and Water Supply plunged from 10.6 percent in 2010 to negative 0.2 percent in 2011.
 
AHFF, likewise, suffered a reversal in growth from 1.6 percent in 2010 to negative 5.8 percent in 2011. This was brought about by the reversal in growth of Fishing subsector - from 0.1 percent to negative 17.5 percent. Agriculture and Forestry subsector, on the other hand, grew from 2.9 percent in 2010 to 3.9 percent in 2011.
 
The Service sector contributed 2.4 percentage points to the overall economic growth of Zamboanga Peninsula, while the Industry and AHFF sectors pulled down the region’s growth by 0.6 percentage point and 1.7 percentage points, respectively
 
 
Northern Mindanao’s Industry slumps, slowing down its regional economy
 
The economy of Northern Mindanao grew by 2.5 percent in 2011, a slowdown from its 6.9 percent growth in 2010. The slower growth was mainly due to the decline in the Industry sector and the decelerated growth in the Service sector. 
 
The Service sector accounted for the largest share of 41.8 percent of the region’s economy in 2011, lower than its share of 41.0 percent in 2010. AHFF increased its share to 28.0 percent in 2011 from 27.1 percent in 2010. Meanwhile, the Industry sector recorded a decrease in its share in 2011 to 30.2 percent from 31.9 percent in 2010. 
 
The Service sector posted a decelerated growth of 4.5 percent in 2011 from 7.1 percent in 2010 as Public Administration and Defense plunged to negative 1.3 percent in 2011 from 10.5 percent in 2010. Moreover, Financial Intermediation activities grew at a slower pace of 5.2 percent in 2011 from a 16.9 percent growth in the previous year. Trade also showed a slower growth of 3.5 percent in 2011 from 9.7 percent in 2010. On the other hand, TSC recorded an accelerated growth of 7.1 percent in 2011 from 0.6 percent in 2010. Similarly, RERBA and Other Services both showed accelerated growths  of 5.5 percent in 2011 from 4.8 percent and 4.9 percent, respectively, in 2010.
 
AHFF posted an accelerated growth of 5.9 percent in 2011 from 2.9 percent in 2010 as Agriculture and Forestry boosted the said growth. Agriculture and Forestry showed an improved growth in 2011 of 7.3 percent from 2.7 percent in 2010. Fishing, on the other hand, declined from 3.8 percent in 2010 to negative 0.8 percent in 2011 .
 
The Industry sector suffered a reversal from a positive growth of 10.2 percent in 2010 to negative 2.9 percent in 2011. The growth of the Industry sector was pulled down by Construction which experienced a double-digit decline of 27.2 percent in 2011 from a growth of 10.8 percent in 2010. Meanwhile, Mining and Quarrying decelerated from 20.3 percent in 2010 to 5.6 percent in 2011; Manufacturing also decelerated from 9.5 percent to 2.5 percent, and, Electricity, Gas and Water Supply also slowed down from 11.3 percent to 2.9 percent.
 
The Service sector provided the biggest contribution to the region’s economic growth at 1.8 percentage points. AHFF contributed 1.6 percentage points. The Industry sector, however, pulled down the region’s economic growth by 0.9 percentage point.
 
 
Davao Region economic growth decelerates 
 
Davao Region’s economy expanded at a slower pace of 4.1 percent in 2011 from the previous year’s 5.0 percent, on account of the slowdown in the Industry and Service sectors.
 
The Service sector remains the largest contributor to the region’s total domestic output as its share continuously increased from 49.4 percent in 2009 to 50.6 percent in 2010 and to 51.6 percent in 2011. Meanwhile, the shares of Industry and AHFF were 29.5 percent and 18.9 percent, respectively.
 
The Service sector posted a decelerated growth of 6.4 percent in 2011 from 7.4 percent in 2010. The slowdown was brought about by the deceleration in Trade and Financial Intermediation and the decline in Public Administration and Defense. Trade decelerated from 10.2 percent in 2010 to 4.5 percent in 2011 while Financial Intermediation slowed down from 6.1 percent to 4.6 percent. Public Administration and Defense slightly suffered a reversal from 7.9 percent the previous year to negative 0.6 percent in 2011. Meanwhile, TSC accelerated from 2.7 percent in 2010 to 8.6 percent in 2011. Faster rates were likewise recorded in RERBA (from 9.2 to 13.0 percent) and Other Services (from 4.9 to 6.7 percent).
 
The Industry sector grew at a slower pace of 2.5 percent in 2011 from 4.2 percent in 2010. The surge in Manufacturing was not able to offset the decline in Construction, Mining and Quarrying and Electricity, Gas and Water Supply. Construction in the region suffered a reversal of growth from 10.7 percent in 2010 to negative 5.4 percent in 2011. Growth in Electricity, Gas and Water Supply in the region likewise tumbled from 9.6 percent in 2010 to negative 0.4 percent while Mining and Quarrying sank deeper from negative 1.9 percent 2010 to negative 23.4 percent in 2011. On the other hand, Manufacturing surged as it posted a 10.4 percent growth in 2011 from a meager 1.6 percent it recorded the previous year. 
 
AHFF slightly grew by 1.0 percent in 2011 from 0.2 percent the previous year. The growth was due to the improvements posted by the Agriculture and Forestry subsector which grew from 0.1 percent to 1.5 percent. On the other hand, Fishing declined from a growth of 0.9 percent in 2010 to negative 7.2 percent in 2011.
 
The Service sector contributed the largest to Davao Region’s economic performance in 2011 with 3.2 percentage points. Industry contributed 0.7 percentage point while AHFF contributed a minimal 0.2 percentage point.
 
 
SOCCSKSARGEN’s economic growth gains momentum as AHFF and Industry sectors post accelerated growths
 
The economy of SOCCSKARGEN Region posted an accelerated growth of 4.0 percent in 2011 from a modest growth of 2.0 percent in 2010 as AHFF and Industry sectors posted higher growths. 
 
The Service sector accounted for the largest share of the region’s economy at 38.5 percent followed by Industry with a 31.2 percentage share and AHFF with a 30.2 percentage share. From 2009 to 2011, the shares of the Service and Industry sectors increased while the share AHFF decreased.
 
Services slowed down from a 5.4 percent growth in 2010 to a 4.3 percent growth in 2011. The deceleration was brought by slower growth in Trade (from 9.4 percent to 3.5 percent) and Financial Intermediation (from 7.6 percent to 4.7 percent) and the decline in Public Administration and Defense (from 11.2 percent to negative 1.7 percent).
 
Industry accelerated as it posted a higher growth of 5.5 percent in 2011 from 2.9 percent the previous year. The lustrous performance of Manufacturing, which grew from 0.2 percent in 2010 to 14.6 percent in 2011, cushioned the weaker growths posted by Mining and Quarrying (from 27.7 to 6.5 percent); Electricity, Gas and Water Supply (from 4.3 to 2.0 percent) and the slump in Construction (from 9.7 percent to negative 18.5 percent).
 
AHFF rebounded from negative 2.7 percent in 2010 to a 2.2 percent growth in 2011.  While Agriculture and Forestry rebounded from negative 1.3 percent to a 4.8 percent growth, Fishing sank deeper from negative 9.2 percent in 2010 to negative 11.1 percent in 2011.
 
The Industry sector contributed 1.7 percentage points to the region’s economic growth in 2011 while the Service sector chipped in 1.6 percentage points.  AHFF managed to contribute 0.7 percentage point to the total economic growth of the region.
 
 
Service and Industry sectors boost Caraga’s fast-growing economy
 
Caraga’s economy soared higher to 9.6 percent in 2011 from 7.4 percent in 2010. The impressive economic performance of Caraga was brought about by the accelerated growths of the Service and the AHFF sectors.
 
The bulk of the region’s domestic product in 2011 is in the Service sector which comprised 47.2 percent. Meanwhile, Industry sector accounted for 31.1 percent and 
 
ERRATA
 
AHFF, 21.6 percent. During the period 2009 to 2011, the percentage shares of the Service and Industry sectors increased while that of the AHFF decreased.
 
The Service sector accelerated to 9.7 percent in 2011 from 8.0 percent in 2010 due to the accelerated growths in TSC (from 15.9 percent in 2010 to 18.4 percent in 2011), Other Services (from 4.1 to 14.2 percent) and RERBA (from 3.3 to 6.7 percent). Trade, however, decelerated from 5.5 percent to 4.2 percent in 2011. Meanwhile, Financial Intermediation suffered a reversal from a 10.6 percent growth in 2010 to a negative 1.2 percent in 2011. Likewise, Public Administration and Defense suffered a decline from a 4.4 percent growth in 2010 to negative 2.2 percent in 2011.
 
The Industry sector decelerated from 24.3 percent in 2010 to 14.0 percent in 2011. The deceleration was attributed to the reversal of growth in Construction from 9.4 percent in 2010 to negative 12.1 percent in 2011. Despite the slump in Construction, the Industry sector in the region still managed to grow because of the impressive performance of Manufacturing which rebounded from negative 5.4 percent in 2010 to 10.1 percent in 2011 and the accelerated growth of Electricity, Gas and Water Supply (from 2.0 to 2.3 percent). Meanwhile, Mining and Quarrying has grown by 28.4 percent in 2011, although a deceleration from its remarkable performance of 42.8 percent in 2010. 
 
AHFF also recovered from a decline of 9.6 percent in 2010 to a positive growth of 3.4 percent in 2011. Agriculture and Forestry rebounded from negative 10.0 percent to a 4.3 percent growth. However, Fishing sank deeper from negative 4.6 to negative 5.4 percent.
 
Service sector provided the highest contribution of 4.6 percentage points to the economic growth of the region. Industry contributed 4.2 percentage points while AHFF contributed a meager 0.8 percentage point.
 
ARMM economy contracts as all major sectors slowed down
 
The regional economy of the ARMM suffered a reversal from its 2.3 percent growth in 2010 to negative 1.0 percent in 2011. This was largely due to the decline in the AHFF sector and the decelerated growths registered by both the Industry and Service sectors.
 
The AHFF remained to be the biggest contributor to the ARMM’s economy accounting for 63.0 percent of the region’s total domestic output in 2011. Meanwhile, the Service and Industry sectors accounted for 32.0 percent and 5.0 percent, respectively of the region’s economy. While the percentage shares of the Service and Industry sectors continuously increased from 2009 to 2011, the percentage share of the AHFF decreased. 
 
AHFF suffered a reversal in growth from 1.6 percent in 2010 to negative 2.3 percent in 2011. The dismal performance of the sector was due to the decline in the Agriculture and Forestry subsector - from a 1.4 percent growth in 2010 to negative 3.3 percent in 2011. Meanwhile, Fishing decelerated from 2.2 to 1.4 percent.
 
The Industry sector only expanded by 2.6 percent in 2011, a deceleration from the 7.2 percent it registered in 2010. All subsectors posted decelerated growths except for the Electricity, Gas and Water Supply which grew further by 3.5 percent in 2011 from 2.1 percent in 2010. Construction plunged to 2.8 percent from a robust 23.2 percent growth in 2010 while Mining and Quarrying plummeted to 0.7 percent from a remarkable growth of 17.4 percent in 2010. Likewise, Manufacturing decelerated to 0.8 percent from 9.5 percent.
 
The Service sector managed to grow by 1.1 percent in 2011, although a deceleration from its 3.1 percent growth in 2010. Although TSC and Trade rebounded from their dismal performances in 2010, Financial Intermediation decelerated and Public Administration declined in 2011. TSC and Trade turned around their dismal performances of negative 3.4 percent and negative 0.2 percent in 2010 by posting positive growths of 2.0 percent and 1.0 percent, respectively in 2011.  Financial Intermediation decelerated to 2.4 percent from 8.5 percent while Public Administration and Defense suffered a reversal from a 5.3 percent growth in 2010 to negative 3.3 percent in 2011. Meanwhile, RERBA posted an accelerated growth of 1.7 percent from 1.3 percent while Other Services improved by 7.6 percent from 3.5 percent.
 
The Service sector contributed 0.3 percentage point to the economic growth of the region while the Industry sector added 0.1 percentage point. The AHFF, however, pulled down the region’s growth by 1.5 percentage points.
 
 
Economic Performance by Industry
 
 
AHFF rebounds in 2011
 
The AHFF sector rebounded to a 2.7 percent growth in 2011 from negative 0.2 percent in 2010. Its share to the total GDP of the country remained the smallest as it slightly decreased to 11.5 percent in 2011 from 11.6 percent in 2010. Its contribution to the country’s GDP growth also turned around to 0.31 percentage point in 2011 from negative 0.02 percentagepoint contribution the previous year.
 
Seven regions of the 17 regions of the country made a rebound in AHFF, three regions recorded accelerations while three regions posted decelerated growths. On the other hand, four regions suffered reversals in growth.
 
The AHFF of Western Visayas rebounded to 13.8 percent in 2011 from negative 6.7 percent the previous year. Cagayan Valley, Caraga, MIMAROPA, SOCCSKSARGEN, Eastern Visayas and CAR also rebounded with 13.3, 3.4, 2.8, 2.2, 0.7, and 0.4 percent growths, respectively. Northern Mindanao, Central Visayas and Davao Region recorded accelerations of 5.9, 5.0, and 1.0 percent, respectively.
 
Meanwhile, Ilocos Region posted a decelerated growth of 1.7 percent in 2011 from 5.3 in 2010. CALABARZON and Bicol, likewise, slowed down to 1.0 and 0.7 percent, respectively. 
 
Zamboanga Peninsula’s AHFF suffered a reversal from 1.6 percent in 2010 to negative 5.8 percent in 2011. ARMM, Central Luzon and NCR also recorded reversals of negative 2.3 percent, negative 1.4 percent, and negative 0.4 percent, respectively.
 
Central Luzon, CALABARZON, and Western Visayas remained the top three regions with the largest share of the Gross Value Added (GVA) of AHFF in 2011 with 13.8, 9.5, and 9.3 percentage shares, respectively.
 
Western Visayas was the top contributor to AHFF growth with 1.2 percentage points, followed by Cagayan Valley and Northern Mindanao with 0.7 percentage point and 0.5 percentage point, respectively. 
 
 
 
 
Industry sector posts decelerated growth:
 
The industry sector posted a decelerated growth of 2.3 percent in 2011 from 11.6 percent in 2010. The weakened industrial growth in 2011 was brought about by the reversal in Construction sector, and deceleration of the rest of its subsectors: Mining and Quarrying, Manufacturing, and Electricity, Gas and Water. The government underspending on infrastructure caused a negative 7.3 percent growth in Construction in 2011 from a positive growth of 14.3 percent in 2010. 
 
Industry’s share to the total GDP also slightly decelerated to 32.1 percent in 2011 from 32.6 percent in 2010. The sector’s contribution to the country’s GDP growth thus decelerated from 3.6 percentage points in 2010 to 0.7 percentage point in 2011.
 
The economic performance of the industry sector decelerated in almost all of the regions except SOCCSKSARGEN. On the one hand, six regions suffered a reversal and one region improved but still negative; while, one region rebounded, and one showed accelerated growth.
 
Only SOCCSKSARGEN had an accelerated growth, from 2.9 percent increase in 2010 to 5.5 percent growth in 2011. MIMAROPA improved but still with negative growth of 0.8 percent in 2011 from negative 1.5 percent in 2010.  Eastern Visayas turned around from zero growth in 2010 to 0.4 percent increased in 2011.
 
CALABARZON continued to account for the largest share of the country’s total industry output with 33.5 percent share in 2011. This was followed by NCR with 19.6 percent and Central Luzon with 12.3 percent. Two regions from Visayas and one from Mindanao had the next largest share to total industrial sector output in 2011: Central Visayas with 7.0 percent, Eastern Visayas and Davao Region each with 3.5 percent. On the other hand, ARMM registered the smallest share of 0.1 percent, followed by Cagayan Valley (0.6 percent) and Caraga (1.1 percent). 
 
Central Luzon was the top contributor to the growth of the industry sector in 2011 at 1.6 percentage points. The next major contributors were Central Visayas at 0.7 percentage point, and CALABARZON at 0.4 percentage point.  
 

 

Service sector continues to fuel the country’s economy
 
The service sector continued to display resilience amid uncertainties in the two productive sectors. The sector accounted for 56.4 percent of the domestic economy, a slight increase from the 55.8 percent share in 2010. The sector grew by 5.1 percent in 2011, the fastest among the three major sectors, albeit a deceleration from the 7.2 percent expansion in 2010. The service sector contributed 2.9 percentage points to the 3.9 GDP growth in 2011.
 
Fourteen of the 17 regions of the country recorded decelerated growths in the service sector in 2011. The National Capital Region recorded the biggest drop of 3.0 percentage points from 8.0 percent in 2010 to 5.0 percent in 2011. Caraga, CALABARZON and Bicol Region posted accelerated growths in the service sector with Caraga recording the fastest growth at 9.7 percent and CALABARZON and Bicol Region growing by 5.6 percent and 3.9 percent, respectively.
 
NCR accounted for more than half of the output of the service sector at 51.8 percent. CALABARZON ranked far second with a 9.9 percent share, followed by Central Luzon at 6.7 percent. On the other hand, ARMM had the least share at 0.4 percent in 2011. 
 
NCR remained the top contributor to the overall growth of the service sector, providing 2.6 percentage points of the 5.1 percent growth in 2011. Meanwhile, CALABARZON  contributed 0.6 percentage point of the growth while Central Visayas managed to contribute close to 0.4 percentage point. Nine of the 17 regions contributed less than one-tenth of one percentage point of the total growth of the sector. 
 
 
 
Per Capita GRDP
 
 
Real per capita GRDP of NCR close to three times the national per capita GDP
 
The country’s real per capita GDP increased by 2.2 percent between 2010 and 2011 and the national average real per capita GDP stood at PhP62,902 in 2011, up from PhP61,570 in 2010.
 
NCR continued to record the highest per capita GRDP at PhP175,064, about three times the national average. This level of per capita GRDP was 2.2 percent more than NCR’s per capita GRDP in 2010. CALABARZON and CAR likewise posted per capita GRDP higher than the national average at PhP79,283 and PhP74,359, respectively. Meanwhile, ARMM had the lowest per capita GRDP among the regions at PhP13,663.
 
Among the island groups, Luzon (excluding NCR) recorded the highest per capita GDP. Per capita GDP in the Luzon island group averaged PhP53,654 in 2011, up by 2.0 percent from PhP52,609 in 2010. Meanwhile, the Visayas island group posted the biggest increase in per capita GDP between 2010 and 2011 - from PhP39,577 in 2010, the Visayas island group’s average per capita GDP increased by 4.4 percent to PhP41,329 in 2011. Per capita GDP in the Mindanao island group increased by 1.5 percent from PhP36,608 to PhP37,140. 
 
Fourteen of the 17 regions of the country turned in improved per capita GRDP with Caraga recording the highest increase at 8.1 percent from PhP25,712  in 2010 to PhP27,790 in 2011. On the other hand, three regions recorded negative growths in per capita GRDP with ARMM dropping the most at negative 2.4 percent from PhP13,992 to PhP13,663 in 2011, followed by Zamboanga Peninsula by negative 1.5 percent and CALABARZON by negative 0.02 percent.
 
NCR posted the highest per capita index relative to the national average at 278.3 with CALABARZON a distant second at 126.0 and CAR, third at 118.2. All 14 other regions have indexes lower than the national average with ARMM at the bottom at 21.7.
 
 
ERRATA
 
Economic Performance by Island Group
 
The economies of all island groups posted slower growths in 2011 from their strong performances in 2010.
 
Luzon’s economic performance weakens
Luzon’s economy (excluding NCR) slowed down to 3.9 percent in 2011 from a robust performance of 8.9 percent in 2010.
 
The Luzon island group accounted for 37.5 percent of the country’s total domestic output in 2011, the highest among the island groups. The share, however, was just the same compared to previous year.
 
In 2011, the Luzon island group contributed 1.5 percentage points to the country’s GDP, much lower than its contribution of 3.3 percentage points in 2010. This was largely due to the slower economic growths posted by five of the seven regional economies comprising the Luzon island group.
 
Visayas’ economy slows down as Central and Eastern Visayas Regions posted slower growths
The economy of the Visayas island group decelerated to 5.9 percent in 2011 after posting a high 7.3 percent growth in 2010 as Central and Eastern Visayas Regions posted slower growths.
 
Central Visayas which accounted for the biggest share of the island’s total output in 2011 at 48.5 percent, decelerated to 7.9 percent in 2011 from an impressive growth of 12.5 percent in 2010. Eastern Visayas which comprised 20.1 percent of the island’s economy  sligthly deteriorated from 2.0 percent to 1.8 percent. Western Visayas, the second biggest contributor to Visayas’ economy accounting for 31.4 percent, managed to grow from 3.7 percent to 5.5 percent.
 
The Visayas island group contributed 0.7 percentage point to the country’s GDP of 3.9 percent in 2011, lower than the 0.9 percentage point posted in 2010.
 
 
ERRATA
 
Mindanao economy turns in a lackluster performance
The economy of Mindanao turned in a lackluster performance in 2011 as it recorded a modest growth of 3.2 percent from an impressive growth of 4.7 percent in 2010.
 
In terms of contribution to the total national output, the Mindanao island group share is on the downtrend from 14.5 percent in 2009 to 14.1 percent in 2011.
 
Mindanao contributed 0.5 percentage point to the country’s GDP growth in 2011, much lower from its 0.7 percentage share the previous year. 
 
 
Inflation
 
Zamboanga Peninsula registers highest inflation 
 
Zamboanga Peninsula registered the highest inflation rate year-on-year among regions of the country at 7.2 percent. Inflation rate was particularly high in the AHFF sector of Region 9’s economy.
 
Among the 17 regions, ARMM recorded the highest Implicit Price Index (IPIN) in the last two (2) years while Ilocos Region registered the lowest in 2011. In 2011, the IPIN of ARMM was estimated at 190.3 while that for Ilocos Region was placed at 158.2.
 

Gross Regional Domestic Product by Year Published

Highlights by Year Published

Infographic

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