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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]
The province of Pangasinan composes 58% of the region’s population, 42% of its area and 61% of its economy. The region is composed of four provinces, namely: Ilocos Norte, Ilocos Sur, La Union and Pangasinan. Its regional center is San Fernando City, La Union.
DTI-1 or DTI-Ilocos Region is composed of four provinces—Ilocos Norte, Ilocos Sur, La Union and Pangasinan; and of nine cities—Alaminos, Batac, Candon, Laoag, San Carlos, San Fernando, Urdaneta, Vigan, and Dagupan. Economy in the region is anchored both on agriculture and agro-industrial sectors.
The BSP's Report on Regional Economic Developments in the Philippines (RREDP) tracks key developments in the regions, focusing on demand and supply conditions, price developments, as well as emerging risks and outlook.
To provide economic information that serve as rational basis for economic and business decisions. What can benefit from the QRES? How can the QRES help? Source of factual data of economic indicators needed by businesses in decision making in terms of investments, market analysis and corporate planning. What is the frequency of the QRES?
The inflation rate of the Ilocos Region for All Income Household increased to 1.9 percent in October 2024 from 0.6 percent in September 2024. This brings the average inflation rate from January to October 2024 to 2.1 percent.
For the year 2022, all economies of the 17 regions in the Philippines recorded positive growths; Western Visayas had the highest growth (9.3 percent), followed by Cordillera Administrative Region (8.7 percent), and Davao Region (8.15 percent).
