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List of regions of the Philippines by GDP

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This is a list of regions and highly urbanized cities of the Philippines by GDP and GDP per capita according to the data by the Philippine Statistics Authority.[1][2]

Data for 2023 estimates (international US$ using 2023 PPP conversion factor from the International Monetary Fund).[3]

Regions by GDP

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Rank Region 2023 GDP
(million PHP) 		2023 GDP
(million USD, nominal) 		2023 GDP
(million USD, PPP) 		% of national GDP
1 National Capital Region 6,857,643 124,966 321,009 31.7
2 Calabarzon 2,943,911 56,537 145,231 14.4
3 Central Luzon 2,537,478 41,845 107,491 10.6
4 Central Visayas 1,437,628 25,116 64,518 6.4
5 Davao Region 1,062,342 19,628 50,422 5.0
6 Northern Mindanao 975,232 19,263 49,484 4.9
7 Western Visayas 968,244 19,020 48,859 4.8
8 Ilocos Region 742,928 13,067 33,568 3.3
9 Bicol Region 600,612 11,458 29,433 2.9
10 Soccsksargen 537,975 10,227 26,272 2.6
11 Eastern Visayas 512,089 9,134 23,463 2.3
12 Zamboanga Peninsula 493,121 8,688 22,318 2.2
13 Cagayan Valley 402,981 8,117 20,851 2.1
14 Mimaropa Region 396,736 7,767 19,952 2.0
15 Caraga 374,762 6,732 17,294 1.7
16 Cordillera Administrative Region 337,711 6,569 16,875 1.7
17 Bangsamoro 299,656 5,776 14,839 1.5
 Philippines 26,395,467 470,612 1,011,099 100

Regions by GDP per capita

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Rank Region 2021 GDP per capita
(PHP) 		2021 GDP per capita
(USD, nominal) 		2021 GDP per capita
(USD, PPP) 		% of national average
1 National Capital Region 440,906 8,947 22,984 254.6
2 Northern Mindanao 187,057 3,796 9,751 104.1
3 Davao Region 180,075 3,654 9,387 101.9
4 Cordillera Administrative Region 177,598 3,604 9,258 98.1
5 Calabarzon 170,276 3,455 8,876 96.8
6 Central Luzon 164,775 3,343 8,589 91.7
7 Central Visayas 153,651 3,118 8,009 88.7
8 Ilocos Region 121,194 2,459 6,317 68.7
9 Mimaropa Region 119,151 2,418 6,211 65.3
10 Western Visayas 117,558 2,385 6,128 65.2
11 Soccsksargen 106,855 2,158 5,761 64.7
12 Caraga 105,940 2,139 5,711 64.2
13 Zamboanga Peninsula 104,307 2,107 5,623 63.2
14 Cagayan Valley 100,361 2,027 5,411 60.8
15 Eastern Visayas 87,149 1,760 4,698 52.8
16 Bicol Region 84,090 1,698 4,533 50.9
17 Bangsamoro 55,087 1,112 2,969 33.4
 Philippines 164,919 3,331 8,891 100

Highly urbanized cities (HUCs) by GDP

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Figures exclude cities in Metro Manila. GDP (Nominal) figures based on 2018 Philippine Constant Prices as published by the Philippine Statistics Office on their various public releases in 2023. GDP in PPP using 2018 Constant Prices not publicized. GDP in USD using 2023 Exchange Rates. % of GDP Regional not publicized for Central Visayas Cities.

Rank HUC 2022 GDP
(million PHP) 		2022 GDP
(million USD, nominal) 		2022 GDP
(million USD, PPP) 		% of regional GDP
1 Davao City 495,310 8,940.68 NA 51.9% of Davao Region
2 Cebu City 288,640 5,210.15 NA NA Central Visayas
3 Cagayan de Oro 261,780 4,725.30 NA 28% of Northern Mindanao
4 Baguio 155,030 2,798.40 NA 45.9% of Cordillera Administrative Region
5 Lapu-Lapu City 151,420 2,733.23 NA NA Central Visayas
6 Iloilo City 145,050 2,618.25 NA 15.2% of Western Visayas
7 Zamboanga City 139,470 2,517.31 NA 32.6% of Zamboanga Peninsula
8 Bacolod 132,810 2,397.31 NA 13.9% of Western Visayas
9 Angeles City 132,400 2,389.91 NA 6.1% of Central Luzon
10 General Santos 128,932 2,327.31 NA 25.6% of Soccsksargen
11 Mandaue 109,580 1,978.99 NA NA Central Visayas
12 Iligan 77,020 1,390.26 NA 8.2% of Northern Mindanao
13 Butuan 57,323 1,390.26 NA 17.7% of Caraga
14 Puerto Princesa 53,080 958.13 NA 13.5% of Mimaropa
15 Olongapo 52,300 944.05 NA 2.4% of Central Luzon
16 Tacloban 51,530 930.15 NA 11.4% of Eastern Visayas
17 Lucena 47,040 849.10 NA 1.6% of Calabarzon

Highly urbanized cities (HUCs) by GDP per capita

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Figures exclude cities in Metro Manila.

Rank HUC 2022 GDP per capita
(PHP) 		2022 GDP per capita
(USD, nominal) 		2022 GDP per capita
(USD, PPP) 		Region
1 Baguio 440,206.21 8,080.47 23,415.22 Cordillera Administrative Region
2 Cagayan de Oro 380,700.65 6,988.18 20,250.03 Northern Mindanao
3 Iloilo City 347,562.66 6,379.90 18,487.38 Western Visayas
4 Lapu-Lapu City 338,685.02 6,216.94 18,015.16 Central Visayas
5 Cebu City 310,491.41 5,699.41 16,515.50 Central Visayas
6 Mandaue 290,648.40 5,335.17 15,460.02 Central Visayas
7 Davao City 289,533.89 5,314.71 15,400.74 Davao Region
8 Angeles City 260,770.84 4,786.74 13,870.79 Central Luzon
9 Bacolod 250,253.67 4,593.68 13,311.37 Western Visayas
10 Iligan 242,657.44 4,454.24 12,907.31 Northern Mindanao
11 Olongapo 230,716.09 4,235.05 12,272.13 Central Luzon
12 Tacloban 218,171.87 4,004.78 11,604.89 Eastern Visayas
13 General Santos 213,054.79 3,910.86 11,332.70 Soccsksargen
14 Puerto Princesa 207,685.33 3,812.29 11,047.09 Mimaropa
15 Zamboanga City 177,760.89 3,263.00 9,455.37 Zamboanga Peninsula
16 Lucena 173,816.94 3,190.60 9,245.58 Calabarzon
17 Butuan 168,684.92 3,096.40 8,972.60 Caraga

See also

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References

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  1. ^ "GRDP Tables | Philippine Statistics Authority". psa.gov.ph. Retrieved 2023-08-04.
  2. ^ "PPA Tables | Philippine Statistics Authority". psa.gov.ph. Retrieved 2023-12-31.
  3. ^ "Report for Selected Countries and Subjects". www.imf.org. Retrieved 2018-11-27.
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