The economy of Mountain Province continues to expand as it grew by 6.7 percent in 2023. The province’s economy expanded by 4.1 percent in 2021 and 7.8 percent in 2022. Moreover, the Gross Domestic Product (GDP) of Mountain Province was estimated at PhP 15.89 billion in 2023. (Figure 1)

Figure 1. Gross Domestic Product of Mountain Province
In Term of Levels (in Billion PhP) and Growth Rate (in Percent)
At Constant 2018 Prices, 2021 to 2023

Among the 16 industries, fastest growths were observed in Other services with
53.7 percent, followed by Transportation and storage with 41.3 percent, and Accommodation and food services activities with 23.9 percent. 

On the other hand, Public administration and defense; compulsory social security and Agriculture, forestry, and fishing declined by 0.8 percent and 0.3 percent, respectively. (Figure 2)

Figure 2. Economic Performance of Mountain Province by Industry
In Term of Growth Rate (in Percent)
At Constant 2018 Prices, 2023

Full data series, charts, and data visuals of the results of the Provincial Product Accounts (PPA) of the Mountain Province can be accessed at the PPA landing page of the Philippine Statistics Authority (PSA) (psa.gov.ph/statistics/ppa), and the PSA regional website (rssocar.psa.gov.ph/statistics/ppa).