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)
The Philippine Statistics Authority (PSA) Abra Provincial Statistical Office (PSO) recently hosted a dissemination forum on November 13, 2024, to share insights on Abra's economic performance inβ¦