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Republic of the Philippines
Philippine Statistics Authority
1
Republic of the Philippines
Philippine Statistics Authority
2017 REPORT
ON THE ECONOMIC PERFORMANCE OF
CENTRAL VISAYAS
Mezzo Hotel, Cebu City26 April 2018, 10:00 am
ENGR. ARIEL E. FLORENDORegional Director
Philippine Statistics AuthorityRegional Statistical Services Office VII
2
Republic of the Philippines
Philippine Statistics Authority
Highlights of the
2017 GROSS REGIONAL
DOMESTIC PRODUCT
of
CENTRAL VISAYAS
3
Republic of the Philippines
Philippine Statistics Authority
4
Outline of Presentation
I. Levels of GRDPII. Growth Rates of Central VisayasIII. Sectoral Distribution by SubsectorIV. Contribution to GrowthV. Per Capita GRDPVI. Performance of Central Visayas vis-à-vis
Other RegionsVII. Sources of dataVIII. Announcements
Republic of the Philippines
Philippine Statistics Authority
5
460.3482.9
524.6
551.2
250
300
350
400
450
500
550
600
2014 2015 2016 2017
In b
illio
n p
eso
s
Year
ECONOMIC PERFORMANCE
Gross Regional Domestic Product, Central Visayas : 2014-2017At Constant 2000 Prices, In Billion Pesos
4.9%
8.6% 5.1%
Source: Philippine Statistics Authority
0
Republic of the Philippines
Philippine Statistics Authority
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Growth Rates
9.4
7.47.8
4.9
8.6
5.1
0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
8.0
9.0
10.0
11-12 12-13 13-14 14-15 15-16 16-17
Source: Philippine Statistics Authority
Gross Regional Domestic Product, Central Visayas: 2012-2017Growth (in percent), 2012 to 2017
Republic of the Philippines
Philippine Statistics Authority
Comparative GDP Growth of Philippines and Central Visayas:
2016 and 2017, in percent
Growth Rates
AREA 2015-2016 2016-2017
Philippines 6.9% 6.7%
Central Visayas 8.6% 5.1%
7Source: Philippine Statistics Authority
Republic of the Philippines
Philippine Statistics Authority
8
INDUSTRYYEAR
2015-2016 2016-2017I. AGRICULTURE, HUNTING, FORESTRY AND FISHING (0.2) 7.0
a. Agriculture and Forestry (1.0) 9.6
b. Fishing 4.7 (8.5)
II INDUSTRY 14.1 3.0
a. Mining and Quarrying 1.0 (5.5)
b. Manufacturing 6.0 5.5c. Construction 38.3 (0.9)
d. Electricity, Gas and Water Supply 7.0 (0.9)
III SERVICES 6.0 6.3
a. Transportation, Storage and Communication 5.3 5.2
b. Trade and Repair of Motor Vehicles, Motorcycles, Personal and Household Goods
5.0 5.2
c. Financial Intermediation 4.1 7.7
d. Real Estate, Renting and Business Activities 7.1 7.9
e. Public Administration and Defense; Compulsory Social Security 7.7 8.4
f. Other Services 7.7 5.8
GROSS DOMESTIC PRODUCT 8.6 5.1
Growth Rates by Industry: Central Visayas
Growth Rates of
Industry/Sub-Industry
Source: Philippine Statistics Authority
Republic of the Philippines
Philippine Statistics Authority
SERVICES56.3%
INDUSTRY38.2%
AHFF5.5%
Percent Distribution by Industry and Sector: Central Visayas, 2017
Source: Philippine Statistics Authority
MAQ2.1%
MFG64.1%
Cons29.5%
EGWS4.3%
Agriculture and
Forestry87.5%
Fishing12.5%
Trade26.7%
OS21.2%
RERBA20.1%
TSC13.7%
FI13.2%
PAD5.0%
Republic of the Philippines
Philippine Statistics Authority
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Sectoral Contributions to Growth by Industry: Central Visayas2016 to 2017 (At Constant 2000 Prices), in percentage points
Contribution to Growth
INDUSTRY/YEAR 2016 2017
I. AGRICULTURE, HUNTING, FORESTRY AND FISHING (0.0) 0.4
a. Agriculture and Forestry (0.1) 0.4
b. Fishing 0.0 (0.1)
II INDUSTRY 5.2 1.2
a. Mining and Quarrying 0.0 (0.0)
b. Manufacturing 1.5 1.3
c. Construction 3.6 (0.1)
d. Electricity, Gas and Water Supply 0.1 (0.0)
III SERVICES 3.4 3.5
a. Transportation, Storage and Communication 0.4 0.4
b. Trade and Repair of Motor Vehicles, Motorcycles, Personal and Household Goods
0.8 0.8
c. Financial Intermediation 0.3 0.6
d. R. Estate, Renting and Business Activities 0.8 0.9
e. Public Administration and Defense; Compulsory Social Security
0.2 0.2
f. Other Services 0.9 0.7
GROSS REGIONAL DOMESTIC PRODUCT 8.6 5.1
Source: Philippine Statistics Authority
Republic of the Philippines
Philippine Statistics Authority
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Per Capita GRDP: Central VisayasAt Constant Prices, 2017
64,846
69,315
71,677
59,000
61,000
63,000
65,000
67,000
69,000
71,000
73,000
2015 2016 2017
In P
eso
s
Year
2017 Per Capita Index to National Average: 86.8
3.4 %
Source: Philippine Statistics Authority
0
Republic of the Philippines
Philippine Statistics Authority
Performance of Central Visayasvis-à-vis the other Regions
12
Republic of the Philippines
Philippine Statistics Authority
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2016-217
Source: Philippine Statistics Authority
0.0
2.0
4.0
6.0
8.0
10.0
12.0
14.0
PHILIPPINESNCR CAR I II III IVA V VI VII VIII IX X XI XII XIII ARMM
12.1%10.9%
9.3%
MIMAROPA
5.1%
Regional Growth Rates: 2016-2017
(At Constant 2000)
6.7%
Republic of the Philippines
Philippine Statistics Authority
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ARMM
IVA VIII
I II MIMAROPANCR
V VI VII IX
X XI XII XIII
CAR III
Structure of the Regional Economies: 2017
AHFF ServicesIndustrySource: Philippine Statistics Authority
Republic of the Philippines
Philippine Statistics Authority
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GRDPTree Map
(in billion pesos)
2017
Source: Philippine Statistics Authority
GRDPTree Map
(in billion pesos)
2017
NCR3,159
CALABARZON1,456
CENTRAL LUZON845
VII551
XI370
VI351
X323
I272
XII231
VIII174
V172
IX168
CAR153
II150
MIMAROPA133
XIII103
ARMM55
Republic of the Philippines
Philippine Statistics Authority
Per Capita GRDP By Region: 2015 to 2017
At Constant 2000 Prices, in pesos
REGIONYEAR
2015 2016 2017
PHILIPPINES 74,833 78,676 82,592
NATIONAL CAPITAL REGION 218,987 232,739 244,453
CORDILLERA ADMINISTRATIVE REGION 75,048 75,401 83,044
ILOCOS 46,180 49,474 51,728
CAGAYAN VALLEY 38,436 39,344 41,600
CENTRAL LUZON 63,641 68,634 73,921
CALABARZON 92,184 94,811 99,328
MIMAROPA 39,575 39,784 41,421
BICOL 25,770 26,686 27,504
WESTERN VISAYAS 39,653 41,417 44,296
CENTRAL VISAYAS 64,846 69,315 71,677
EASTERN VISAYAS 33,771 37,144 37,125
ZAMBOANGA PENINSULA 41,873 43,043 43,300
NORTHERN MINDANAO 60,290 63,771 66,499
DAVAO REGION 61,335 65,913 71,762
SOCCSKSARGEN 44,178 45,459 48,240
CARAGA 35,553 35,537 36,308
AUTONOMOUS REGION IN MUSLIM MINDANAO 13,646 13,366 13,98916
Source: Philippine Statistics Authority
Republic of the Philippines
Philippine Statistics Authority
Source: Philippine Statistics Authority
Per Capita GRDP By Region: 2017
At Constant 2000 Prices, in pesos
Republic of the Philippines
Philippine Statistics Authority
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Summary• The economy of Central Visayas grew by 5.1 percent• Among all the industries
• Services contributed the largest to the region’seconomic growth with 3.5 percentage points,
• Industry with 1.2 percentage points,• Agriculture, Hunting, Forestry & Fishing with
0.4 percentage point
• Central Visayas is the 4th largest contributor to theNational Gross Domestic Product
• Central Visayas ranked 6th on the per Capita GRDP
Republic of the Philippines
Philippine Statistics Authority
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Data Sources
Bangko Sentral ng PilipinasCarcar Water DistrictCebu City Local Government UnitCebu Port AuthorityCivil Aviation Authority of the PhilippinesCommission on Audit Department of EnergyDepartment of Public Works and HighwaysDepartment of Tourism Department of Budget and Management Department of Environment and Natural ResourcesForest Management BureauLand Transportation Office Land Transportation and Franchising Regulatory BoardMandaue City Local Government Unit
Republic of the Philippines
Philippine Statistics Authority
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Mactan-Cebu International Airport AuthorityMines and Geosciences BureauMetropolitan Cebu Water DistrictNational Irrigation AdministrationNational Electrification AdministrationNational Telecommunications CommissionPhilippine Ports Authority
Data Sources
Republic of the Philippines
Philippine Statistics Authority
For inquiries, you may visit, call, or email us at:
Philippine Statistics Authority Regional Statistical Services Office VIIGaisano South Capital Building,Colon Street, Cebu City 6000
Tel/Fax Number: (032) 412-6794/ (032) 254-0470Email Address: [email protected]: http:\\rsso07.psa.gov.ph
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Republic of the Philippines
Philippine Statistics Authority
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Republic of the Philippines
Philippine Statistics Authority
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Republic of the Philippines
Philippine Statistics Authority
Republic of the Philippines
Philippine Statistics Authority
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Republic of the Philippines
Philippine Statistics Authority
Republic of the Philippines
Philippine Statistics Authority
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