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Provincial Product Accounts: 2023 Economic Performances of the Provinces and Highly Urbanized City in the Cordillera Administrative Region
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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.
2023 Economic Performance of Ifugao
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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)
Abra's Economic Growth Unveiled: Provincial Product Account Dissemination Forum on 2023 Economic Performance
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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 in 2023. The event, held at the Social Hall, Provincial…
Kalinga’s Economy Posts a 6.0 Percent Growth in 2023
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The economy of Kalinga grew by 6.0 percent in 2023 from its 2022 level, slower than the percent growth in the previous year. This represents an increase in the value of Gross Domestic Product (GDP) from PhP 27.14 billion in 2022 to PhP 28.76 billion…
Services Drives the Economy of Benguet in 2023
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Benguet’s economy grew by 5.1 percent in 2023 from its 2022 level, equivalent to an increase of around PhP 4.01 billion to the province’s total  Gross Domestic Product (GDP), from PhP 78.78 billion in 2022 to PhP 82.79…
Baguio City posts 9.0% growth in 2023, fastest growing economy in Cordillera
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The economy of the City of Baguio further grew from the 155.11-billion-peso economic output in 2022 to PhP 169.12 billion in 2023. The city remained to be the fastest growing economy among all provinces and Highly Urbanized City in the region at 9.0…
Mountain Province’s Economy Continues to Expand with 6.7 Percent Growth in 2023
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The economy of Mountain Province continues to expand as it grew by 6.7 percent in 2023. The province’s economy expanded by 4.1 percent in 2021 and 7.8 percent in 2022. Moreover, the Gross Domestic Product (GDP) of Mountain Province was estimated at…
2019 Baguio City Economic Performance
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The GDP of the City of Baguio in 2019 amounted to 152.9 billion and posted an economic growth of 4.0 percent.
2022 Economic Performance of the City of Baguio
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The economy of the City of Baguio grew further by 11.3 percent in 2022 from a 10.0 percent economic upturn in 2021.
City of Baguio exhibits 11.3% growth in 2022
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The City of Baguio's economy grew by 11.3 percent in 2022. The Gross Domestic Product (GDP) of the city was projected to be worth 155.03 billion pesos which was 2.2 billion pesos higher than the GDP of the pre-pandemic level.