The economy of the City of Baguio further grew from the PhP155.11 economic output in 2022 to PhP169.12 billion in 2023. The city remained to be the fastest growing economy among all provinces and…

The economy of the Cordillera Administrative Region (CAR) further expanded by 6.9% from the 337.8-billion-peso economic output in 2022 to 361.08 billion pesos in 2023.

The economy of Ifugao contracted by 4.1 percent in 2023 from a 6.7 percent growth in the previous year. The Gross Domestic Product (GDP) of Ifugao was estimated at PhP 26.83 billion. (Figure 1)