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Davao Region’s economy accelerated to 5.4 percent in 2009 from 3.7 percent in 2008. The growth was mainly brought about by the accelerated growths of the Industry and Services sectors.

GROWTH RATES, AT CONSTANT PRICES
Region XI, Davao Region

INDUSTRY	06-07
INDUSTRY	06-07	07-08	08-09
AGRI., FISHERY, FORESTRY	2.1	2.0	0.5
Agri., & Fishery	2.2	1.7	0.2
Forestry	(29.9)	104.8	53.6

INDUSTRY SECTOR	11.4	5.4	10.2
Mining and Quarrying	9.6	(8.7)	3.0
Manufacturing	5.8	8.1	7.1
Construction	26.9	5.5	19.6
Electricity & Water	5.0	4.0	5.1

SERVICES SECTOR	5.9	3.3	4.6
Transport, Comm., Storage	5.6	5.4	6.2
Trade	5.9	2.0	2.7
Finance	9.5	2.0	4.9
O. Dwellings & Real Estate	4.6	5.5	3.5
Private Services	8.7	5.2	11.3
Government Services	2.4	4.0	6.0

GROSS DOMESTIC PRODUCT	6.6	3.7	5.4

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nscbrd11@yahoo.com	National Statistical Coordination Board Regional Division XI (Davao Region) 2/F Amparo Bldg. (in front of Gaisano Mall) J.P. Laurel Ave. Bajada, Davao City, Philippines Since June 2003	Telefax: +63822276213

Industry and Services sectors push growth of Davao Region
(PR-201008-R11-04, Posted 05 August 2010)

Davao Region’s economy accelerated to 5.4 percent in 2009 from 3.7 percent in 2008. The growth was mainly brought about by the accelerated growths of the Industry and Services sectors.

ROMULO A. VIROLA
Secretary General

Industry and Services sectors push growth of Davao Region (PR-201008-R11-04, Posted 05 August 2010)

Davao Region’s economy accelerated to 5.4 percent in 2009 from 3.7 percent in 2008. The growth was mainly brought about by the accelerated growths of the Industry and Services sectors.

ROMULO A. VIROLA Secretary General

Industry and Services sectors push growth of Davao Region
(PR-201008-R11-04, Posted 05 August 2010)

ROMULO A. VIROLA
Secretary General