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

• List of ASEAN country subdivisions by GDP

References

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.