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Camiguin Registers the Fastest Economic Growth of 11.0 Percent Among the Provinces and HUCs of NorMin
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The economy of Camiguin grew by 11.0 percent in 2023 from its 2022 level, the fastest among all provinces and HUCs in the region during the period.
Economic Gains Observed in 2023 Across All Provinces and HUCs, Camiguin Emerges as Fastest-Growing Economy in Region X
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All provinces and highly urbanized cities (HUCs) in the region experienced economic growth, with Camiguin leading at 11.0 percent. Five provincial and city economies grew at a faster rate than the regional average of 5.3 percent, namely: Camiguin,…
City of Iligan Economy Records 5.7 Percent Growth in 2023
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The economy of the City of Iligan grew by 5.7 percent in 2023, slower than the 7.6 percent growth posted in the previous year. The economic expansion of the city translated to an increase in the value of Gross Domestic Product (GDP) from PhP 77.01…
Lanao del Norte’s economy expands by 2.2 percent in 2023
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Lanao del Norte's economy grew by 2.2 percent in 2023, slower than the recorded growth in the previous year. This economic expansion translated an increase of PhP 1.32 billion in the province’s Gross Domestic Product (GDP), from 59.84 billion in…
Cagayan de Oro City Tops Contribution to NorMin’s Economic Growth in 2023
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The economy of Misamis Oriental expanded by 6.3 percent in 2023, a slowdown from the 9.1 percent growth in the previous year. The province’s economic growth translated to an additional value of PhP 9.92 billion to the economy, resulting to a total…
Camiguin's Economy Continues to Expand with 11.0 Percent Growth in 2023
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The economy of Camiguin grew by 11.0 percent in 2023, continuing its upward trend from the previous years, with growth rates of 4.7 percent in 2021 and 8.0 percent in 2022. This is also the fastest growth among the economies in Northern Mindanao in…
Agriculture, forestry, and fishing Propels Bukidnon's 3.8 Percent Economic Growth in 2023
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Bukidnon's economy expanded by 3.8 percent in 2023. This represents an increase of PhP 9.58 billion to the province’s Gross Domestic Product (GDP), from PhP 248.73 billion in 2022 to PhP 258.31 billion in 2023. The GDP growth was mainly driven by…
Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles Drives Misamis Occidental’s 6.7 Percent Economic Growth in 2023
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Misamis Occidental economy grew by 6.7 percent in 2023 from its 2022 level, equivalent to an increase of around PhP 7.94 billion to the province’s total Gross Domestic Product (GDP), from PhP 119.37 billion in 2022 to PhP 127.31 billion in 2023. The…
Misamis Oriental, Northern Mindanao’s Third Largest Economy, Grows 6.3 Percent in 2023
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The economy of Misamis Oriental expanded by 6.3 percent in 2023, a slowdown from the 9.1 percent growth in the previous year. The province’s economic growth translated to an additional value of PhP 9.92 billion to the economy, resulting to a total…
Cagayan de Oro and Misamis Occidental: Among Top 25 Contributors to Country's Services in 2022
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Cagayan de Oro City recorded the 10th biggest contribution among 82 provinces and 17 Highly Urbanized Cities (HUCs) to the country's Services with a gross value added (GVA) of PhP 197.4 billion, or a share of 1.6 percent to the country’s Services.
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