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Cordillera’s economy grows at a slower pace in 2019
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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)
Cordillera's economy grew by 7.3 percent in 2018
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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…
2017 CORDILLERA ECONOMIC PERFORMANCE
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Gross Regional Domestic Product (GRDP) measures the economic performance of a region. It covers the value of goods and services produced in the region. The GRDP includes the regional estimates on the three-major industry of the economy including…
Cordillera’s Economy grew the highest at 12.1 percent in 2017
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The economy of the Cordillera Administrative Region (CAR) increased from an estimated 137 billion pesos in 2016 to 153 billion pesos in 2017 at constant prices. This corresponds to a growth of the region's economy by 12.1 percent in 2017, the…
Cordillera economy increased by 2.1 percent in 2016
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The economy of the Cordillera Administrative Region (CAR) increased from an estimated 134 billion pesos in 2015 to 137 billion pesos in 2016 in constant prices. This corresponds to a growth of the regions economy by 2.1 percent in 2016. This was a…