List of regions of the Philippines by GDP
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
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
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
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
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
References