The Gross Regional Domestic Expenditure (GRDE) of the Cordillera region recorded a 6.9% growth rate in 2023 which was a slower growth compared to 8.7% the previous year. Among the major expenditure items, imports of goods and services from rest of…

The economy of the Cordillera Administrative Region (CAR) further expanded by 6.9% from the 337.8-billion-peso economic output in 2022 to 361.1 billion pesos in 2023. The economic growth of the region was faster than the national growth rate of 5.5…

The Regional Accounts of the Philippines (RAP) presents the regional breakdown of the economic performance of the country. There are two approaches in economic estimation: Gross Regional Domestic Product (GRDP) and Gross Regional Domestic…

All major expenditure items recorded positive growths in 2022. Among the major expenditure items, Imports of goods and services from rest of the world posted the highest growth with 88.1 percent in 2022 from the -15.0 percent in 2021.

Gross Regional Domestic Product (GRDP) measures the economic performance of a region. It covers the value of goods and services produced in the region in a given period of time. The GRDP includes the regional estimates on the three major industries…

The economy of the Cordillera Administrative Region (CAR) had a drastic decrease from the 4.4 percent growth in 2019 to -9.9 percent growth in 2020. All three major industries contributed to this decrease in CAR’s economy.

Gross Regional Domestic Product (GRDP) is a unit to measure the economic performance of a region. It covers the value of goods and services produced in a region. The GRDP includes the regional estimates on the three major industries of the economy…

The economy of Cordillera contracted by 9.9 percent in 2020 from the 4.4 percent growth the previous year. The biggest decline was seen on the following: Other Services, which include, but are not limited to, arts, entertainment and recreation,…

The economy of Cordillera grew by 4.3 percent in 2019 slower than the 5.7 percent growth during the previous year. The main driver for growth in CAR was the Services industry, specifically Financial and Insurance Activities (22.5 percent)

The economy of Cordillera Administrative Region (CAR) grew by 7.3 percent in 2018, slower than the 12.2 percent growth in 2017. Industry accounted for more than half of the region’s economy with 53.0 percent share, followed by Services with 39.7…