List of regions of the Philippines by GDP

Last updated June 28, 2025

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.^[1]

Regions by GDP

Rank	Region	2024 GDP (million PHP)	2024 GDP (million USD, nominal)	2024 GDP (million USD, PPP)	% of national GDP
1	National Capital Region	8,214,308	143,750	424,359	31.1
2	Calabarzon	3,723,569	65,162	192,363	14.1
3	Central Luzon	2,892,168	50,613	149,412	10.9
4	Central Visayas	1,491,366	26,099	77,045	5.6
5	Davao Region	1,376,651	24,091	71,119	5.2
6	Northern Mindanao	1,273,437	22,285	65,787	4.8
7	Ilocos Region	877,319	15,353	45,323	3.3
8	Negros Island Region	806,010	14,112	41,639	3.0
9	Western Visayas	797,041	13,948	41,176	3.0
10	Bicol Region	769,942	13,474	39,776	2.9
11	Soccsksargen	675,618	11,723	34,903	2.5
12	Eastern Visayas	621,905	10,883	32,128	2.4
13	Zamboanga Peninsula	582,571	10,195	30,096	2.2
14	Cagayan Valley	564,165	9,873	29,145	2.1
15	Mimaropa Region	509,501	8,916	26,321	1.9
16	Caraga	439,147	7,685	22,687	1.7
17	Cordillera Administrative Region	445,524	7,797	23,016	1.7
18	Bangsamoro	386,128	6,757	19,948	1.5
	Philippines	26,446,369	462,811	1,366,243	100

Regions by GDP per capita

Rank	Region	2024 GDP per capita (PHP)	2024 GDP per capita (USD, nominal)	2024 GDP per capita (USD, PPP)	% of national average
1	National Capital Region	595,768	10,426	30,760	254.3
2	Davao Region	252,515	4,419	13,045	107.8
3	Northern Mindanao	244,359	4,276	12,624	104.3
4	Cordillera Administrative Region	236,844	4,145	12,236	101.1
5	Central Luzon	224,858	3,935	11,616	96.0
6	Central Visayas	219,111	3,834	11,319	93.5
7	Calabarzon	218,928	3,831	11,310	93.4
8	Negros Island Region	167,107	2,924	8,626	71.2
9	Western Visayas	164,440	2,878	8,495	70.2
10	Ilocos Region	164,160	2,873	8,481	70.1
11	Mimaropa Region	153,138	2,680	7,911	65.4
12	Caraga	150,290	2,630	7,764	64.2
13	Cagayan Valley	148,941	2,606	7,694	63.6
14	Soccsksargen	148,466	2,598	7,670	63.4
15	Zamboanga Peninsula	144,309	2,525	7,455	61.6
16	Eastern Visayas	133,164	2,330	6,879	56.8
17	Bicol Region	122,613	2,146	6,334	52.3
18	Bangsamoro	73,030	1,112	3,773	31.2
	Philippines	234,227	4,099	12,100	100

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.

Rank	HUC	2022 GDP (million PHP)	2022 GDP (million USD, nominal)	2022 GDP (million USD, PPP)	% of regional GDP
1	Davao City	495,310	8,940.68	NA	51.9% of Davao Region
2	Cebu City	288,640	5,210.15	NA	NA Central Visayas
3	Cagayan de Oro	261,780	4,725.30	NA	28% of Northern Mindanao
4	Baguio	155,030	2,798.40	NA	45.9% of Cordillera Administrative Region
5	Lapu-Lapu City	151,420	2,733.23	NA	NA Central Visayas
6	Iloilo City	145,050	2,618.25	NA	15.2% of Western Visayas
7	Zamboanga City	139,470	2,517.31	NA	32.6% of Zamboanga Peninsula
8	Bacolod	132,810	2,397.31	NA	NA Negros Island Region
9	Angeles City	132,400	2,389.91	NA	6.1% of Central Luzon
10	General Santos	128,932	2,327.31	NA	25.6% of Soccsksargen
11	Mandaue	109,580	1,978.99	NA	NA Central Visayas
12	Iligan	77,020	1,390.26	NA	8.2% of Northern Mindanao
13	Butuan	57,323	1,390.26	NA	17.7% of Caraga
14	Puerto Princesa	53,080	958.13	NA	13.5% of Mimaropa
15	Olongapo	52,300	944.05	NA	2.4% of Central Luzon
16	Tacloban	51,530	930.15	NA	11.4% of Eastern Visayas
17	Lucena	47,040	849.10	NA	1.6% of Calabarzon

Highly urbanized cities (HUCs) by GDP per capita

Figures exclude cities in Metro Manila.

Rank	HUC	2022 GDP per capita (PHP)	2022 GDP per capita (USD, nominal)	2022 GDP per capita (USD, PPP)	Region
1	Baguio	440,206.21	8,080.47	23,415.22	Cordillera Administrative Region
2	Cagayan de Oro	380,700.65	6,988.18	20,250.03	Northern Mindanao
3	Iloilo City	347,562.66	6,379.90	18,487.38	Western Visayas
4	Lapu-Lapu City	338,685.02	6,216.94	18,015.16	Central Visayas
5	Cebu City	310,491.41	5,699.41	16,515.50	Central Visayas
6	Mandaue	290,648.40	5,335.17	15,460.02	Central Visayas
7	Davao City	289,533.89	5,314.71	15,400.74	Davao Region
8	Angeles City	260,770.84	4,786.74	13,870.79	Central Luzon
9	Bacolod	250,253.67	4,593.68	13,311.37	Negros Island Region
10	Iligan	242,657.44	4,454.24	12,907.31	Northern Mindanao
11	Olongapo	230,716.09	4,235.05	12,272.13	Central Luzon
12	Tacloban	218,171.87	4,004.78	11,604.89	Eastern Visayas
13	General Santos	213,054.79	3,910.86	11,332.70	Soccsksargen
14	Puerto Princesa	207,685.33	3,812.29	11,047.09	Mimaropa
15	Zamboanga City	177,760.89	3,263.00	9,455.37	Zamboanga Peninsula
16	Lucena	173,816.94	3,190.60	9,245.58	Calabarzon
17	Butuan	168,684.92	3,096.40	8,972.60	Caraga

References

↑ "2022 to 2024 Gross Regional Domestic Product" (PDF).
↑ "Report for Selected Countries and Subjects". www.imf.org.

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[1] "2022 to 2024 Gross Regional Domestic Product" (PDF).

[2] "Report for Selected Countries and Subjects". www.imf.org.

[1]

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