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All Economies of 17 Regions Continue to Record Positive Growths in 2023; Central Visayas was the Fastest Growing Region at 7.3 Percent

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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. These three regions…

Release of the 2023 Regional Accounts of the Philippines

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The Philippine Statistics Authority (PSA) announces the release of the 2023 Regional Accounts of the Philippines (RAP) on 25 April 2024 (Thursday). This will be released through the simultaneous press conferences in the 17 regions at 10:00 AM…

All Economies of 17 Regions Continue to Record Positive Growths in 2022; Western Visayas was the Fastest Growing Region at 9.3 Percent

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All economies of 17 regions continued to record positive growths in 2022. Western Visayas posted the fastest growth at 9.3 percent in 2022. Cordillera Administrative Region (CAR) ranked second at 8.7 percent, followed by Davao Region at 8.15…

Release of the 2022 Regional Accounts of the Philippines

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The Philippine Statistics Authority (PSA) announces the release of the 2022 Regional Accounts of the Philippines (RAP) on 27 April 2023 (Thursday). This will be released through the simultaneous press conferences in 17 regions at 10:00 AM…

All Economies of 17 Regions Recovered from the 2020 Pandemic and Recorded Positive Growths in 2021; CALABARZON was the Fastest Growing Region at 7.6 Percent

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All economies of 17 regions recovered from the 2020 Global Pandemic and recorded positive growths in 2021. CALABARZON posted the fastest growth at 7.6 percent in 2021. Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) and Cordillera…

Release of 2021 Regional Accounts of the Philippines

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The Philippine Statistics Authority (PSA) announces the release of the 2021 Regional Accounts of the Philippines (RAP) on 28 April 2022 (Thursday). This will be released through the simultaneous press conferences in seventeen (17) regions at 10:00…

All Economies of the 17 Regions Decline in 2020; BARMM Posted the Smallest Decline of -1.9 Percent

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All regions posted declines in economic performance in 2020, with smallest drop posted by Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) at -1.9 percent. This was followed by SOCCSKSARGEN at -4.3 percent and Northern Mindanao and Zamboanga…

Release of 2020 Regional Accounts of the Philippines

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The Philippine Statistics Authority (PSA) is set to release the 2020 Regional Accounts of the Philippines on 29 April 2021 (Thursday). This will be released on the PSA website (www.psa.gov.ph). Simultaneous regional press conferences will also be…

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…