Where are the key economic regions in the Philippines? – Charting Economy

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Where are the key economic regions in the Philippines?

Regional GDP

Gross domestic product (GDP) at market prices represents the final result of the production activity of resident producer units. Called Gross Regional Product (GRP) when applied to regions and Gross Provincial Product (GPP) when applied to provinces.

The Philippines regional economies

Philippines economy is concentrated in the capital region, accounting for 37.5% of the 2018 GDP. In terms of real growth, second-tier regions such as Cordillera, Central Luzon, and Davao seems to have higher growth.

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