THE Philippine Statistics Authority (PSA) releases for the first time the results of the Provincial Product Accounts (PPA) of the 16 pilot regions outside the National Capital Region (NCR), covering 82 provinces and 17 Highly Urbanized Cities (HUCs) from November to December 2023.
The PPA is a mechanism to compile the Gross Domestic Product (GDP) at the subnational level.
This Special Release highlights the overall economic performance of all the HUCs included in the PPA compilation in 2023.
All HUCs in the 16 pilot regions registered annual growths in 2022, with City of Puerto Princesa posting the fastest growth.
Based on the latest PPA results, the GDP of the 17 pilot HUCs outside the NCR increased in 2022 from their levels in 2021. The City of Puerto Princesa recorded the fastest growth of 14.7 percent in 2022. This was followed by City of Tacloban, City of Lapu-Lapu, and City of Baguio, with 13.8 percent, 13.2 percent, and 11.3 percent annual growths, respectively. Moreover, 16 out of 17 HUCs recorded growths faster than the national GDP growth rate of 7.6 percent.
City of Davao accounted for the largest share to the national GDP among pilot HUCs.
In terms of share to the national GDP, among the HUCs, City of Davao had the largest share of 2.5 percent in 2022. This was followed by City of Cebu, City of Cagayan de Oro, and City of Baguio, with 1.4 percent, 1.3 percent, and 0.8 percent shares, respectively.
| Rank | Province/HUC | Region | 2022 GDP (in Billion PhP) | Share to 2022 National GDP (in Percent) |
| Philippines | 19,943.63 | |||
| All 17 HUCs (outside NCR) | 2,478.42 | 12.43 | ||
| 1 | City of Davao | Region XI (Davao Region) | 495.31 | 2.48 |
| 2 | City of Cebu | Region VII (Central Visayas) | 288.64 | 1.45 |
| 3 | City of Cagayan de Oro | Region X (Northern Mindanao) | 261.78 | 1.31 |
| 4 | City of Baguio | Cordillera Administrative Region | 155.03 | 0.78 |
| 5 | City of Lapu-Lapu | Region VII (Central Visayas) | 151.42 | 0.76 |
| 6 | City of Iloilo | Region VI (Western Visayas) | 145.05 | 0.73 |
| 7 | City of Zamboanga | Region IX (Zamboanga Peninsula) | 139.47 | 0.70 |
| 8 | City of Bacolod | Region VI (Western Visayas) | 132.81 | 0.67 |
| 9 | City of Angeles | Region III (Central Luzon) | 132.42 | 0.66 |
| 10 | City of General Santos | Region XII SOCCSKSARGEN) | 129.02 | 0.65 |
| 11 | City of Mandaue | Region VII (Central Visayas) | 109.58 | 0.55 |
| 12 | City of Iligan | Region X (Northern Mindanao) | 77.02 | 0.39 |
| 13 | City of Butuan | Region XIII (Caraga) | 57.37 | 0.29 |
| 14 | City of Puerto Princesa | MIMAROPA Region | 53.08 | 0.27 |
| 15 | City of Olongapo | Region III (Central Luzon) | 52.26 | 0.26 |
| 16 | City of Tacloban | Region VIII (Eastern Visayas) | 51.53 | 0.26 |
| 17 | City of Lucena | Region IV-A (CALABARZON) | 46.62 | 0.23 |
The compilation of PPA has been implemented in all regions in the Philippines as of 2023, except in the NCR, which is scheduled for pilot implementation in 2024. By 2025, the PPA is programmed to be institutionalized in all regions to ensure annual compilation for all provinces and HUCs in the country.
