In 2009, out of the 17 regions in the country, 13 regions posted positive growths while four regions recorded reversals.

Bicol Region’s economy posted the highest growth rate at 8.2 percent while CALABARZON recorded the worst growth rate of negative 1.6 percent.

In terms of contribution to the national Gross Domestic Product (GDP) growth rate in 2009, six regions posted positive contributions, eight regions had zero contributions while three regions pulled down the GDP growth.

Western Visayas was the biggest contributor with 0.4 percentage point while CALABARZON pulled down the growth by 0.2 percentage point.

NCR continued to account for the largest share of the country’s GDP with a 32.5 percent share in 2009, lower than its 33.0 percent share in 2008. On the other hand, ARMM continued to have the lowest percentage share of 0.9 percent.

The country’s real per capita GDP decreased by 0.9 percent to PhP15,528 in 2009 from PhP15,666 in 2008.

Among the regions, NCR continued to register the highest real per capita GRDP at PhP40,838. NCR’s per capita GRDP is almost three times the national per capita GDP of PhP15,528. CAR, Northern Mindanao and Davao Region also registered real per capita GRDP higher than the national average at PhP19,007, PhP17,183 and PhP15,696, respectively. On the other hand, ARMM posted the lowest real per capita GRDP at PhP3,572.

The national inflation rate, based on the GDP implicit price index, was recorded at 2.6 percent in 2009, a significant drop from 7.5 percent in 2008. Ilocos Region recorded the highest increase in the average prices of goods and services at 4.8 percent followed by Northern Mindanao and Bicol with 4.6 percent and 4.1 percent repectively. On the other hand, MIMAROPA recorded a negative 1.1 percent inflation.

The gross regional domestic product (GRDP) measures the goods and services produced in each of the geopolitical regions of the country. It provides for an analysis of the regional distribution of the country’s gross domestic product (GDP), the industries and factors that contribute to the regional economies, and the pace at which these economies are moving. The National Statistical Coordination Board compiles the GRDP on an annual basis.

Copies of the 2007-2009 GRDP are available for sale at the National Statistical Information Center (NSIC) located at the Ground Floor, Midland Buendia Building, 403 Senator Gil Puyat Avenue, Makati City. For subscription and inquiries, please contact the NSIC at telephone numbered (632) 895-2767 or at e-mail address info@nscb.gov.ph.

ROMULO A. VIROLA
Secretary General

Contact Person:

Raymundo J. Talento / Candido J. Astrologo, Jr.
Tel. No. (632) 890-8456
Email: info@nscb.gov.ph