Based on the latest poverty estimates of the National Statistical Coordination Board (NSCB), 17.5 percent of all families in the Cordillera Administrative Region (CAR) were poor in 2012.
The Cordillera Administrative Region (CAR) posted the third highest real per capita GRDP among the 17 regions of the Philippines in 2012. The average per capita GRDP at constant 2000 prices of CAR was estimated at PhP73,573 last year.
The underemployment rate in the Cordillera Administrative Region (CAR) rose sharply from 13.5 percent in July 2011 to 21.3 percent in July 2012 based on the latest Labor Force Survey of the National Statistics Office (NSO).
The year-on-year inflation rate of the Cordillera Administrative Region (CAR) sped up from 3.8 percent in July to 4.9 percent in August. To date, the current level of inflation is the highest recorded in CAR for 2012.