List of regions of the Philippines by GDP

Last updated October 24, 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	2024 GDP (million PHP)	2024 GDP (million USD, nominal)	2024 GDP (million USD, PPP)	% of regional GDP
1	Davao City	574,720	9,900.43	NA	51.9% of Davao Region
2	Cebu City	334,480	5,761.93	NA	NA Central Visayas
3	Cagayan de Oro	295,570	5,095.65	NA	28% of Northern Mindanao
4	Baguio	178,850	3,080.96	NA	45.9% of Cordillera Administrative Region
5	Lapu-Lapu City	176,360	3,038.07	NA	NA Central Visayas
6	Iloilo City	171,570	2,955.56	NA	15.2% of Western Visayas
7	Bacolod	157,370	2,710.94	NA	NA Negros Island Region
8	Angeles City	151,470	2,609.30	NA	6.1% of Central Luzon
9	Zamboanga City	151,330	2,606.90	NA	32.6% of Zamboanga Peninsula
10	General Santos	141,190	2,432.21	NA	25.6% of Soccsksargen
11	Mandaue	126,080	2,171.92	NA	NA Central Visayas
12	Iligan	88,510	1,524.72	NA	8.2% of Northern Mindanao
13	Butuan	66,460	1,144.88	NA	17.7% of Caraga
14	Puerto Princesa	64,470	1,110.59	NA	13.5% of Mimaropa
15	Tacloban	59,580	1,026.36	NA	11.4% of Eastern Visayas
16	Olongapo	59,210	1,019.98	NA	2.4% of Central Luzon
17	Lucena	53,730	925.58	NA	1.6% of Calabarzon

Highly urbanized cities (HUCs) by GDP per capita

Figures exclude cities in Metro Manila.

Rank	HUC	2023 GDP per capita (PHP, real)	2023 GDP per capita (PHP, nominal)	2023 GDP per capita (USD, real)	Region
1	Baguio	455,398.90	494,688.14	7,818.01	Cordillera Administrative Region
2	Cagayan de Oro	358,878.67	414,985.04	6,161.01	Northern Mindanao
3	Iloilo City	337,804.89	403,260.49	5,799.23	Western Visayas
4	Lapu-Lapu City	336,170.24	379,427.88	5,771.16	Central Visayas
5	Cebu City	316,405.41	348,163.24	5,431.85	Central Visayas
6	Mandaue	292,850.37	322,613.40	5,027.47	Central Visayas
7	Davao City	271,957.52	322,811.17	4,668.80	Davao Region
8	Angeles City	249,101.40	280,778.64	4,276.42	Central Luzon
9	Bacolod	233,093.69	288,580.13	4,001.61	Negros Island Region
10	Iligan	226,286.48	264,177.29	3,884.75	Northern Mindanao
11	Olongapo	225,681.73	258,305.04	3,874.36	Central Luzon
12	Tacloban	202,694.50	239,198.91	3,479.73	Eastern Visayas
13	Puerto Princesa	197,236.10	238,531.54	3,386.03	Mimaropa
14	General Santos	196,959.89	226,216.75	3,381.29	Soccsksargen
15	Lucena	171,426.48	196,136.89	2,942.94	Calabarzon
16	Butuan	163,852.49	184,977.04	2,812.92	Caraga
17	Zamboanga City	159,678.16	189,709.35	2,741.26	Zamboanga Peninsula

References

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

This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.

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

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

[1]

[2]

v t e Lists of countries by GDP rankings
Nominal	GDP (nominal) Past and projected Sector composition
Purchasing power parity (PPP)	GDP (PPP) Past Past and projected Ten largest historically
Per capita	nominal GDP Past and projected GDP (PPP) by region past and projected Per person employed Household final consumption expenditure
Economic growth	real GDP growth rate African countries Asian states European Union member states European countries Latin American and Caribbean countries Oceanian countries Per capita growth 1980–2010 growth Industrial growth
Productivity	Labour productivity
Gross national income (GNI)	PPP per capita Nominal per capita Real income Per capita growth Disposable income
Countries by region	Africa PPP nominal Arab League nominal and per capita PPP and per capita Asia ASEAN Asia & Pacific nominal PPP Former Soviet Republics Europe PPP PPP per capita nominal nominal per capita Commonwealth of Nations PPP nominal Latin America & Caribbean PPP nominal North America PPP nominal nominal per capita South America PPP Oceania GDP
Subnational divisions	Albania Argentina Armenia ASEAN Australia cities Austria Baltic States Belarus Belgium Brazil Bulgaria Canada cities Chile China per capita cities prefectures Colombia Croatia Czechia Egypt European Union metros Finland France per capita Georgia Germany per capita cities Greece Hungary India PPP per capita Indonesia per capita cities regencies Italy per capita Japan per capita Kazakhstan Kenya Malaysia Mexico per capita Moldova Mongolia Netherlands Nigeria Nepal New Zealand Norway OECD Pakistan Peru Philippines Poland Portugal Romania Russia per capita Saudi Arabia Serbia Slovakia South Africa South Korea cities Spain Sweden Switzerland Ukraine United Kingdom counties cities United States counties cities Taiwan Tanzania Thailand Turkey Vietnam Top country subdivisions by GDP Top country subdivisions by GDP per capita *Top country metropolitan by GDP
Lists of countries by financial rankings List of international rankings Lists by country