republic of the philippines philippine statistics authority 1

Republic of the Philippines

Philippine Statistics Authority

1

What is the

Gross Regional Domestic Product (GRDP)?

Gross Regional Domestic Product

measures the economic performance of a region. It covers the value of goods and services produced in the region.

GRDP is usually reported in terms of growth rate and expressed in real terms or at constant prices. Growth rate shows if the economy grows faster (accelerated) or slower (decelerated) or decline (contracted) compared to the previous period.

GRDP measures the relative contribution of the three major economic sectors, Agriculture, Hunting, Forestry, and Fishing (AHFF), Industry, and Services.

Philippine Statistics Authority is mandated by law to generate and disseminate the GRDP on an annual basis and is usually reported through a simultaneous press conference in all the 17 regions every last Thursday of July, at 10am.



2014 REPORTON THE REGIONAL ECONOMIC

PERFORMANCE OF CENTRAL LUZON

Edgardo G. PareInterim Regional Director

Philippine Statistics AuthorityRegional Statistical Services Office III

Xenia HotelClark Freeport Zone, Pampanga

30 July 2015, 10:00am



Highlights of theHighlights of the2014 GROSS 2014 GROSS REGIONALREGIONAL

DOMESTIC PRODUCTDOMESTIC PRODUCTofof

CENTRAL LUZON CENTRAL LUZON



Outline of Presentation

I.Growth RatesII.Percent distribution of Sector/SubsectorIII.Contribution to growthIV.Per Capita GRDPV.Performance of Region 3 vis-á-vis other regionsVI.Sources of basic dataVII.Announcements



COMPARATIVE GDP GROWTH OF PHILIPPINES and CENTRAL LUZON

2010-2014

Growth Rates

AREA 2009-10 2010-11 2011-12 2012-13 2013-14

Philippines 7.6 3.7 6.7 7.1 6.1

Central Luzon 10.0 7.1 7.2 4.4 9.0



10.010.0

7.17.1 7.27.2

4.44.4

9.09.0

GROSS REGIONAL DOMESTIC PRODUCT CENTRAL LUZON: 2010-2014

Growth Rates



Growth Rates by Industrial Origin: Central Luzon2012-13 and 2013-14 (at Constant 2000 Prices, in Percent)

INDUSTRY 2012-13 2013-14I. AGRICULTURE, HUNTING, FORESTRY & FISHING 5.4 5.9 a. Agriculture and Forestry 6.1 6.8 b. Fishing 2.2 1.9II INDUSTRY SECTOR 0.9 16.1 a. Mining and Quarrying 19.0 (17.8) b. Manufacturing (1.3) 19.1 c. Construction 3.9 8.4 d. Electricity, Gas and Water Supply 20.6 6.3III SERVICES SECTOR 7.7 3.4 a. Transport, Storage & Communication 5.1 4.4 b. Trade and Repair of Motor Vehicles, Motorcycles,

Personal and Household Goods 6.8 1.3

c. Financial Intermediation 13.1 6.9 d. R. Estate, Renting & Business Activities 10.2 3.8 e. Public Administration & Defense; Compulsory Social Security 4.3 5.8

f. Other Services 5.9 0.1GROSS DOMESTIC PRODUCT 4.4 9.0

Growth Rates of Sector/Subsector



Percent Distribution by Industry: Central Luzon 2013-2014

(at Constant 2000 Prices, in Percent)INDUSTRY 2013 2014

I. AGRICULTURE, HUNTING, FORESTRY & FISHING 17.7 17.2

a. Agriculture and Forestry 14.6 14.3

b. Fishing 3.1 2.9

II INDUSTRY SECTOR 40.7 43.3

a. Mining and Quarrying 0.6 0.4

b. Manufacturing 31.3 34.2

c. Construction 6.2 6.2

d. Electricity, Gas and Water Supply 2.6 2.5

III SERVICES SECTOR 41.6 39.5

a. Transport, Storage & Communication 9.7 9.3

b. Trade and Repair of Motor Vehicles, Motorcycles, Personal and Household Goods 8.6 8.0

c. Financial Intermediation 6.3 6.2

d. R. Estate, Renting & Business Activities 8.1 7.7

e. Public Administration & Defense; Compulsory Social Security 2.4 2.3

f. Other Services 6.5 6.0

GROSS DOMESTIC PRODUCT 100.0 100.0

Percent distribution of sector/subsector



Percent Distribution of AHFF Sector, by Subsector Central Luzon: 2014

(at Constant 2000 Prices, in Percent)

Agriculture and Forestry Agriculture and Forestry 83.2%83.2%



Percent Distribution of Industry Sector, by SubsectorCentral Luzon: 2014




Percent Distribution of Services Sector, by Subsector Central Luzon: 2014




Sectoral Contributions to Growth by Industry: Central Luzon2012-13 to 2013-14 (at Constant 2000 Prices, in Percent)

INDUSTRY 2012-13 2013-14

I. AGRICULTURE, HUNTING, FORESTRY & FISHING 0.9 1.0 a. Agriculture and Forestry 0.9 1.0 b. Fishing 0.1 0.1II INDUSTRY SECTOR 0.4 6.6 a. Mining and Quarrying 0.1 (0.1) b. Manufacturing (0.4) 6.0 c. Construction 0.2 0.5 d. Electricity, Gas and Water Supply 0.5 0.2III SERVICES SECTOR 3.1 1.4 a. Transport, Storage & Communication 0.5 0.4 b. Trade and Repair of Motor Vehicles, Motorcycles, Personal and Household Goods 0.6 0.1

c. Financial Intermediation 0.8 0.4 d. R. Estate, Renting & Business Activities 0.8 0.3 e. Public Administration & Defense; Compulsory Social Security 0.1 0.1

f. Other Services 0.4 0.0GROSS REGIONAL DOMESTIC PRODUCT 4.4 9.0

Contribution to Growth



Per Capita GRDP: 2012 to 2014(at Constant 2000 Prices, in Pesos)

REGION 2012 2013 2014 PHILIPPINES 65,332 68,741 71,726

NCR 181,748 195,070 203,132 CAR 70,156 72,759 73,908 ILOCOS 40,325 42,588 44,530 CAGAYAN VALLEY 33,816 35,462 37,267

CENTRAL LUZON 55,163 56,528 60,513 CALABARZON 81,562 84,687 86,683 MIMAROPA 38,239 38,138 40,016 BICOL 22,502 24,005 24,688 WESTERN VISAYAS 35,139 35,874 37,162 CENTRAL VISAYAS 56,061 59,211 63,351 EASTERN VISAYAS 33,850 34,952 33,743 ZAMBOANGA PENINSULA 37,077 37,991 39,826 NORTHERN MINDANAO 52,842 54,678 57,590 DAVAO REGION 51,657 54,188 58,293 SOCCSKSARGEN 39,417 41,814 43,578 CARAGA 30,985 33,037 35,142 ARMM 14,052 14,380 14,607

Per Capita GRDP



Per Capita GRDP Growth Rate: 2013 to 2014(at Constant 2000 Prices, in Percent)

REGION 2012-13 2013-14

PHILIPPINES 5.2 4.3 NCR 7.3 4.1 CAR 3.7 1.6 ILOCOS 5.6 4.6 CAGAYAN VALLEY 4.9 5.1

CENTRAL LUZON 2.5 7.1 CALABARZON 3.8 2.4 MIMAROPA (0.3) 4.9 BICOL 6.7 2.8 WESTERN VISAYAS 2.1 3.6 CENTRAL VISAYAS 5.6 7.0 EASTERN VISAYAS 3.3 (3.5) ZAMBOANGA PENINSULA 2.5 4.8 NORTHERN MINDANAO 3.5 5.3

DAVAO REGION 4.9 7.6 SOCCSKSARGEN 6.1 4.2 CARAGA 6.6 6.4 ARMM 2.3 1.6



Performance of the Regionvis-á-vis the other Regions



GRDP Growth Rates by Region: 2012-13 and 2013-14(at Constant 2000 Prices, in Percent)

REGIONGROWTH RATE RANK

2012-13 2013-14 2013 2014

PHILIPPINES 7.1 6.1 NCR 9.2 5.9 1 10 CAR 5.4 3.2 10 15 ILOCOS 6.8 5.7 6 11 CAGAYAN VALLEY 6.2 6.4 9 9 CENTRAL LUZON 4.4 9.0 13 2 CALABARZON 6.7 5.1 8 12 MIMAROPA 1.3 6.5 17 6 BICOL 8.1 4.2 3 14 WESTERN VISAYAS 3.4 4.9 16 13 CENTRAL VISAYAS 7.4 8.8 5 3 EASTERN VISAYAS 4.5 (2.3) 12 17 ZAMBOANGA PENINSULA 4.1 6.5 14 7 NORTHERN MINDANAO 5.3 7.2 11 5 DAVAO REGION 6.7 9.4 7 1 SOCCSKSARGEN 8.4 6.4 2 8 CARAGA 8.1 7.8 4 4 ARMM 3.8 3.0 15 16

Growth Rate



Regional Shares to Total GDP: 2013 to 2014(at Constant 2000 Prices, in Percent)

REGION 2013 2014 2013 Rank 2014 Rank PHILIPPINES 100.0 100.0 NCR 36.4 36.3 1 1 CAR 1.8 1.8 13 13 ILOCOS 3.1 3.1 8 8 CAGAYAN VALLEY 1.8 1.8 13 13 CENTRAL LUZON 9.1 9.3 3 3 CALABARZON 17.3 17.2 2 2 MIMAROPA 1.6 1.6 15 15 BICOL 2.0 2.0 11 10 WESTERN VISAYAS 4.0 3.9 5 5 CENTRAL VISAYAS 6.3 6.5 4 4 EASTERN VISAYAS 2.2 2.0 10 10 ZAMBOANGA PENINSULA 2.0 2.0 11 10 NORTHERN MINDANAO 3.7 3.7 7 7 DAVAO REGION 3.8 3.9 6 5 SOCCSKSARGEN 2.7 2.8 9 9 CARAGA 1.3 1.3 16 16 ARMM 0.7 0.7 17 17

Regional Share to Total GDP



Regional Contributions to GDP Growth: 2013 and 2014(at Constant 2000 Prices)

REGION 2013 2014PHILIPPINES 7.1 6.1 NCR 3.3 2.1 CAR 0.1 0.1 ILOCOS 0.2 0.2 CAGAYAN VALLEY 0.1 0.1

CENTRAL LUZON 0.4 0.8 CALABARZON 1.2 0.9 MIMAROPA 0.0 0.1 BICOL 0.2 0.1 WESTERN VISAYAS 0.1 0.2 CENTRAL VISAYAS 0.5 0.6 EASTERN VISAYAS 0.1 (0.1) ZAMBOANGA PENINSULA 0.1 0.1 NORTHERN MINDANAO 0.2 0.3 DAVAO REGION 0.3 0.4 SOCCSKSARGEN 0.2 0.2 CARAGA 0.1 0.1 ARMM 0.0 0.0

Contribution to GDP Growth



SOURCES OF DATAAgriculture, Hunting, Forestry and FishingDepartment of Agriculture Forest Management Bureau, DENRNational Irrigation Administration Philippine Statistics Authority

Industry SectorBureau of Internal Revenue Department of Energy Department of Public Works and Highways Local Water Utilities Administration Mines and Geosciences Bureau, DENRNational Electrification Administration Philippine Statistics Authority



SOURCES OF DATAService SectorBangko Sentral ng Pilipinas Bureau of Internal Revenue Civil Aviation Authority of the Philippines Clark International Airport Corporation Commission on Audit Commission on Higher EducationDepartment of Budget and Management Department of Education Department of Public Works and Highways Department of Trade and Industry Department of Tourism Land Transportation Office National Disaster Risk Reduction and Management CouncilNational Police Commission National Telecommunications Commission Office of Civil Defense Philippine Ports AuthorityPhilippine Statistics Authority Subic Bay International AirportSubic Bay Metropolitan Authority



Announcements



•9th National Convention of Solemnizing Officers – August 25-27, 2015•9th National Convention of Solemnizing Officers – August 25-27, 2015

9th National Convention of Solemnizing Officers

SMX Convention Center, SM Mall of Asia, Pasay CityAugust 25-27, 2015

“Advancing Statistics for the Post-2015 Sustainable Development Agenda”

September 23-25, 2015 Fort Ilocandia, Ilocos Norte

Philippine Statistical Association, Inc.Annual Conference



For inquiries, you may visit, call or email us at:

Philippine Statistics AuthorityRegional Statistical Services Office III

Diosdado Macapagal Government CenterCity of San Fernando Pampanga

telephone number (045) 455 2552e-mail add: [email protected]

URL: www.psa.gov.ph

Maraming Salamat!

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