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GRDP

CAR

GRDP

Gross Regional Domestic product 

Measures the economic performance of a region.  It includes goods and services produced by all households and establishments in the region or in other words the aggregate of gross value added (GVA) of all resident producer units in the region. GRDP is usually reported in terms of growth rate in real terms or at constant prices).  Growth rate shows if the economy grows faster (accelerated), slower (decelerated), or declined (contraction) as compared to the previous year.

Components of GRDP

GRDP measures the relative contribution of the following three major economic sectors or industrial origin, and their sub-sectors/industries:

  1. Agriculture, Forestry, and Fishing(AFF)
  2. Industry
  3. Services

REGIONAL ACCOUNTS OF THE PHILIPPINES 
Unit: in Percent 
Table 23.7 CAR, Cordillera Administrative Region 
GROSS REGIONAL DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN 
2022 to 2024 
PERCENT SHARE , AT CONSTANT 2018 PRICES

INDUSTRY/YEAR202220232024
I.  AGRI, FORESTRY, AND FISHING8.37.77.4
II. Industry24.824.223.2
          a. Mining and Quarrying2.82.62.4
          b. Manufacturing12.812.612.3
          c. Electricity, steam, water and waste management1.71.71.8
          d. Construction7.67.36.7
III. Services66.868.169.4
          a. Wholesale and retail trade; repair of motor vehicles and motorcycles17.818.018.0
          b. Transportation and storage2.42.82.8
          c. Accommodation and food service activities5.06.16.3
          d. Information and communication4.24.24.1
          e. Financial and insurance activities11.811.712.3
          f. Real estate and ownership of dwellings6.96.86.8
          g. Professional and business services5.75.86.2
          h. Public administration and defense; compulsory social activities3.63.43.4
          i. Education5.65.45.5
          j. Human health and social work activities2.42.32.4
          k. Other Services1.31.51.6
Gross Domestic Product100.0100.0100.0

Source: Philippine Statistics Authority

REGIONAL ACCOUNTS OF THE PHILIPPINES 
Unit: in Percent 
Table 23.6 CAR, Cordillera Administrative Region 
GROSS REGIONAL DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN 
2022 to 2024 
PERCENT SHARE, AT CURRENT PRICES

INDUSTRY/YEAR202220232024
I.  AGRI, FORESTRY, AND FISHING8.18.28.0
II. Industry24.323.422.4
          a. Mining and Quarrying3.53.23.3
          b. Manufacturing11.010.610.2
          c. Electricity, steam, water and waste management1.81.91.9
          d. Construction7.97.77.0
III. Services67.668.369.6
          a. Wholesale and retail trade; repair of motor vehicles and motorcycles17.717.917.9
          b. Transportation and storage2.43.03.0
          c. Accommodation and food service activities5.16.16.3
          d. Information and communication4.03.83.7
          e. Financial and insurance activities12.412.212.8
          f. Real estate and ownership of dwellings7.16.86.7
          g. Professional and business services5.45.35.8
          h. Public administration and defense; compulsory social activities3.73.43.5
          i. Education5.95.75.7
          j. Human health and social work activities2.52.42.6
          k. Other Services1.31.61.7
Gross Domestic Product100.0100.0100.0

Source: Philippine Statistics Authority

REGIONAL ACCOUNTS OF THE PHILIPPINES 
Unit: in Thousand Pesos 
Table 23.5 CAR, Cordillera Administrative Region 
GROSS REGIONAL DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN 
2022 to 2024 
Implicit Price Index

INDUSTRY/YEAR202220232024
I.  AGRI, FORESTRY, AND FISHING105.5121.6127.2
II. Industry105.9109.9113.9
          a. Mining and Quarrying134.1141.5161.6
          b.  Manufacturing93.495.798.2
          c.  Construction113.9120.3122.4
          d.  Electricity, Steam, water and waste management117.9123.5124.8
III. Services109.6114.0118.1
          a. Wholesale and retail trade; repair of motor vehicles and motorcycles107.8112.9117.0
          b. Transportation and storage110.1120.6128.0
          c. Accommodation and food service activities110.4113.6117.5
          d. Information and communication103.1103.8104.6
          e. Financial and insurance activities113.5118.5122.8
          f. Real estate and ownership of dwellings111.1113.9116.4
          g. Professional and business services101.3104.9109.5
          h. Public administration and defense; compulsory social activities111.6116.0119.6
          i. Education114.1118.2123.1
          j. Human health and social work activities114.3118.9124.4
          k. Other Services113.8119.3124.0
Gross Domestic Product108.4113.6117.8

Source: Philippine Statistics Authority

REGIONAL ACCOUNTS OF THE PHILIPPINES 
Unit: in Percent 
Table 23.4 CAR, Cordillera Administrative Region 
GROSS REGIONAL DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN 
2022 to 2024 
GROWTH RATES, AT CONSTANT 2018 PRICES

INDUSTRY/YEAR2022-20232023-2024
I.  AGRI, FORESTRY, AND FISHING-1.21.1
II. Industry Sector4.20.3
          a. Mining and Quarrying-1.6-2.1
          b.  Manufacturing5.81.7
          c.  Electricity, steam, water and waste management8.16.9
          d.  Construction2.8-2.7
III. Service Sector8.86.8
          a. Wholesale and retail trade; repair of motor vehicles and motorcycles8.04.8
          b. Transportation and storage25.73.0
          c. Accommodation and food service activities30.78.5
          d. Information and communication4.73.8
          e. Financial and insurance activities5.89.5
          f. Real estate and ownership of dwellings4.44.7
          g. Professional and business services7.712.1
          h. Public administration and defense; compulsory social activities-0.75.9
          i. Education4.65.4
          j. Human health and social work activities3.69.9
          f.  Other Services30.310.0
Gross Domestic Product6.94.8

Source: Philippine Statistics Authority

Note: Regional levels may not add up to national totals due to rounding

REGIONAL ACCOUNTS OF THE PHILIPPINES 
Unit: in Percent 
Table 23.3 CAR, Cordillera Administrative Region 
GROSS REGIONAL DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN 
2022 to 2024 
GROWTH RATES, AT CURRENT PRICES

INDUSTRY/YEAR2022-20232023-2024
I.  AGRI, FORESTRY, AND FISHING13.95.7
II. Industry Sector8.13.9
          a. Mining and Quarrying3.811.8
          b.  Manufacturing8.34.4
          c.  Electricity, steam, water and waste management13.28.0
          d.  Construction18.6-1.0
III. Service Sector13.210.6
          a. Wholesale and retail trade; repair of motor vehicles and motorcycles13.18.7
          b. Transportation and storage37.79.3
          c. Accommodation and food service activities34.412.3
          d.  Information and communication5.54.6
          e. Financial and insurance activities10.413.5
          f. Real estate and ownership of dwellings7.07.1
          g. Professional and business services11.617.0
          h.  Public administration and defense; compulsory social activities3.29.2
          i. Education8.39.8
          j. Human health and social work activities7.815.0
          f.  Other Services36.514.3
Gross Domestic Product12.08.6

Source: Philippine Statistics Authority

REGIONAL ACCOUNTS OF THE PHILIPPINES 
Unit: in Thousand Pesos 
Table 23.2 CAR, Cordillera Administrative Region 
GROSS REGIONAL DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN 
2022 to 2024 
AT CONSTANT 2018 PRICES

INDUSTRY/YEAR202220232024
I.  AGRI, FORESTRY, AND FISHING28,121,88527,785,68428,094,112
II. Industry83,898,45687,420,10087,684,830
          a. Mining and Quarrying9,490,0419,333,5889,135,499
          b.  Manufacturing43,144,77445,637,25746,394,228
          c.  Construction25,529,85226,253,33325,532,140
          d.  Electricity, Steam, water and waste management5,733,7886,195,9226,622,962
III. Services225,732,715245,690,760262,485,651
          a. Wholesale and retail trade; repair of motor vehicles and motorcycles60,251,01165,064,04168,212,490
          b. Transportation and storage8,131,78010,219,37710,529,080
          c. Accommodation and food service activities16,863,88722,041,96323,926,031
          d. Information and communication14,312,50214,991,55315,566,506
          e. Financial and insurance activities40,013,52542,319,09746,356,853
          f. Real estate and ownership of dwellings23,376,48524,414,22125,567,488
          g. Professional and business services19,381,20320,879,75823,398,416
          h. Public administration and defense; compulsory social activities12,253,37512,164,05112,878,916
          i. Education18,764,97819,621,70020,685,781
          j. Human health and social work activities8,110,9288,406,0619,239,363
          k. Other Services4,273,0415,568,9396,124,726
Gross Domestic Product337,753,055360,896,543378,264,592

Notes: Regional levels may not add up to the national totals due to rounding

Source: Philippine Statistics Authority

REGIONAL ACCOUNTS OF THE PHILIPPINES  
Unit: in Thousand Pesos  
Table 23.1 CAR, Cordillera Administrative Region  
GROSS REGIONAL DOMESTIC PRODUCT BY INDUSTRY  
2022 to 2024  
AT CURRENT PRICES

INDUSTRY/YEAR202220232024
I.  AGRI, FORESTRY AND FISHING29,627,96333,798,89035,739,904
II. Industry88,873,95196,096,12199,833,326
          a. Mining and Quarrying12,724,53013,206,70114,759,100
          b.  Manufacturing40,304,67643,657,23545,556,554
          c.  Construction29,084,41231,581,25031,252,336
          d.  Electricity, Steam, water and waste management6,760,3337,650,9368,265,336
III. Services247,510,937280,184,719309,950,734
          a. Wholesale and retail trade; repair of motor vehicles and motorcycles64,939,10373,463,18479,822,439
          b. Transportation and storage8,949,28712,322,87513,472,056
          c. Accommodation and food service activities18,621,31625,036,13928,110,896
          d. Information and communication14,751,31915,561,02316,275,802
          e. Financial and insurance activities45,404,13250,141,75956,912,915
          f. Real estate and ownership of dwellings25,982,27927,804,04329,771,155
          g. Professional and business services19,630,70221,903,61625,627,391
          h. Public administration and defense; compulsory social activities13,673,77214,109,88115,401,350
          i. Education21,419,97823,202,09925,469,374
          j. Human health and social work activities9,274,5409,998,39711,493,971
          k. Other Services4,864,5076,641,7017,593,386
Gross Domestic Product366,057,851410,079,730445,523,963

Source: Philippine Statistics Authority

REGIONAL ACCOUNTS OF THE PHILIPPINES
Unit: in Percent
Table 23.4 CAR, Cordillera Administrative Region
GROSS REGIONAL DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN
2021 to 2023
GROWTH RATES, AT CONSTANT 2018 PRICES

INDUSTRY/YEAR2021-20222022-2023
I.  AGRI, FORESTRY, AND FISHING-2.1-1.3
II. Industry Sector7.04.2
          a. Mining and Quarrying-0.4-1.7
          b.  Manufacturing6.05.8
          c.  Electricity, steam, water and waste management6.58.1
          d.  Construction10.32.8
III. Service Sector10.98.9
          a. Wholesale and retail trade; repair of motor vehicles and motorcycles10.68.0
          b. Transportation and storage31.325.7
          c. Accommodation and food service activities46.031.0
          d. Information and communication4.04.9
          e. Financial and insurance activities8.25.7
          f. Real estate and ownership of dwellings2.84.5
          g. Professional and business services9.37.6
          h. Public administration and defense; compulsory social activities3.8-0.8
          i. Education6.05.6
          j. Human health and social work activities5.74.0
          f.  Other Services44.130.6
Gross Domestic Product8.76.9

Source: Philippine Statistics Authority

Note: Regional levels may not add up to national totals due to rounding

REGIONAL ACCOUNTS OF THE PHILIPPINES
Unit: in Percent
Table 23.7 CAR, Cordillera Administrative Region
GROSS REGIONAL DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN
2021 to 2023
PERCENT SHARE , AT CONSTANT 2018 PRICES

INDUSTRY/YEAR202120222023
I.  AGRI, FORESTRY, AND FISHING9.28.37.7
II. Industry25.224.824.2
          a. Mining and Quarrying3.12.82.6
          b. Manufacturing13.012.812.6
          c. Electricity, steam, water and waste management1.71.71.7
          d. Construction7.47.67.3
III. Services65.566.868.1
          a. Wholesale and retail trade; repair of motor vehicles and motorcycles17.517.818.0
          b. Transportation and storage2.02.42.8
          c. Accommodation and food service activities3.75.06.1
          d. Information and communication4.44.24.2
          e. Financial and insurance activities11.911.811.7
          f. Real estate and ownership of dwellings7.36.96.8
          g. Professional and business services5.75.75.8
          h. Public administration and defense; compulsory social activities3.83.63.4
          i. Education5.75.65.5
          j. Human health and social work activities2.52.42.3
          k. Other Services1.01.31.5
Gross Domestic Product100.0100.0100.0

Source: Philippine Statistics Authority

REGIONAL ACCOUNTS OF THE PHILIPPINES
Unit: in Percent
Table 23.6 CAR, Cordillera Administrative Region
GROSS REGIONAL DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN
2021 to 2023
PERCENT SHARE, AT CURRENT PRICES

INDUSTRY/YEAR202120222023
I.  AGRI, FORESTRY, AND FISHING9.28.18.3
II. Industry24.724.323.4
          a. Mining and Quarrying3.93.53.2
          b. Manufacturing11.311.010.6
          c. Electricity, steam, water and waste management1.91.81.9
          d. Construction7.67.97.7
III. Services66.267.668.3
          a. Wholesale and retail trade; repair of motor vehicles and motorcycles17.117.717.9
          b. Transportation and storage1.92.43.0
          c. Accommodation and food service activities3.95.16.1
          d. Information and communication4.44.03.8
          e. Financial and insurance activities12.212.412.2
          f. Real estate and ownership of dwellings7.67.16.8
          g. Professional and business services5.55.45.3
          h. Public administration and defense; compulsory social activities3.93.73.4
          i. Education6.05.95.7
          j. Human health and social work activities2.72.52.4
          k. Other Services1.01.31.6
Gross Domestic Product100.0100.0100.0

Source: Philippine Statistics Authority