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.

Data for 2024 estimates (international US$ using 2024 PPP conversion factor from the International Monetary Fund).

Regions by GDP RankRegion2024 GDP(million PHP)2024 GDP(million USD, nominal)2024 GDP(million USD, PPP)% of national GDP1National Capital Region8,214,308143,750424,35931.12Calabarzon3,723,56965,162192,36314.13Central Luzon2,892,16850,613149,41210.94Central Visayas1,491,36626,09977,0455.65Davao Region1,376,65124,09171,1195.26Northern Mindanao1,273,43722,28565,7874.87Ilocos Region877,31915,35345,3233.38Negros Island Region806,01014,11241,6393.09Western Visayas797,04113,94841,1763.010Bicol Region769,94213,47439,7762.911Soccsksargen675,61811,72334,9032.512Eastern Visayas621,90510,88332,1282.413Zamboanga Peninsula582,57110,19530,0962.214Cagayan Valley564,1659,87329,1452.115Mimaropa Region509,5018,91626,3211.916Caraga439,1477,68522,6871.717Cordillera Administrative Region445,5247,79723,0161.718Bangsamoro386,1286,75719,9481.526,446,369462,8111,366,243100

Regions by GDP per capita RankRegion2024 GDP per capita(PHP)2024 GDP per capita(USD, nominal)2024 GDP per capita(USD, PPP)% of national average1National Capital Region595,76810,42630,760254.32Davao Region252,5154,41913,045107.83Northern Mindanao244,3594,27612,624104.34Cordillera Administrative Region236,8444,14512,236101.15Central Luzon224,8583,93511,61696.06Central Visayas219,1113,83411,31993.57Calabarzon218,9283,83111,31093.48Negros Island Region167,1072,9248,62671.29Western Visayas164,4402,8788,49570.210Ilocos Region164,1602,8738,48170.111Mimaropa Region153,1382,6807,91165.412Caraga150,2902,6307,76464.213Cagayan Valley148,9412,6067,69463.614Soccsksargen148,4662,5987,67063.415Zamboanga Peninsula144,3092,5257,45561.616Eastern Visayas133,1642,3306,87956.817Bicol Region122,6132,1466,33452.318Bangsamoro73,0301,1123,77331.2234,2274,09912,100100

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. RankHUC2024 GDP(million PHP)2024 GDP(million USD, nominal)2024 GDP(million USD, PPP)% of regional GDP1Davao City574,7209,900.43NA51.9% of Davao Region2Cebu City334,4805,761.93NANA Central Visayas3Cagayan de Oro295,5705,095.65NA28% of Northern Mindanao4Baguio178,8503,080.96NA45.9% of Cordillera Administrative Region5Lapu-Lapu City176,3603,038.07NANA Central Visayas6Iloilo City171,5702,955.56NA15.2% of Western Visayas7Bacolod157,3702,710.94NANA Negros Island Region8Angeles City151,4702,609.30NA6.1% of Central Luzon9Zamboanga City151,3302,606.90NA32.6% of Zamboanga Peninsula10General Santos141,1902,432.21NA25.6% of Soccsksargen11Mandaue126,0802,171.92NANA Central Visayas12Iligan88,5101,524.72NA8.2% of Northern Mindanao13Butuan66,4601,144.88NA17.7% of Caraga14Puerto Princesa64,4701,110.59NA13.5% of Mimaropa15Tacloban59,5801,026.36NA11.4% of Eastern Visayas16Olongapo59,2101,019.98NA2.4% of Central Luzon17Lucena53,730925.58NA1.6% of Calabarzon

Highly urbanized cities (HUCs) by GDP per capita Figures exclude cities in Metro Manila. RankHUC2023 GDP per capita(PHP, real)2023 GDP per capita(PHP, nominal)2023 GDP per capita(USD, real)Region1Baguio455,398.90494,688.147,818.01Cordillera Administrative Region2Cagayan de Oro358,878.67414,985.046,161.01Northern Mindanao3Iloilo City337,804.89403,260.495,799.23Western Visayas4Lapu-Lapu City336,170.24379,427.885,771.16Central Visayas5Cebu City316,405.41348,163.245,431.85Central Visayas6Mandaue292,850.37322,613.405,027.47Central Visayas7Davao City271,957.52322,811.174,668.80Davao Region8Angeles City249,101.40280,778.644,276.42Central Luzon9Bacolod233,093.69288,580.134,001.61Negros Island Region10Iligan226,286.48264,177.293,884.75Northern Mindanao11Olongapo225,681.73258,305.043,874.36Central Luzon12Tacloban202,694.50239,198.913,479.73Eastern Visayas13Puerto Princesa197,236.10238,531.543,386.03Mimaropa14General Santos196,959.89226,216.753,381.29Soccsksargen15Lucena171,426.48196,136.892,942.94Calabarzon16Butuan163,852.49184,977.042,812.92Caraga17Zamboanga City159,678.16189,709.352,741.26Zamboanga Peninsula

See also List of ASEAN country subdivisions by GDP

References