Regional Accounts

Regional Accounts Releases

Central Visayas economy posts 5.1 percent growth in 2017

Release Date: 26 April 2018
Reference Number: 2018-PR07-004

The Gross Regional Domestic Product (GRDP) of Central Visayas posted a 5.1 percent growth in 2017. The main drivers of growth for 2017 are Agriculture and Forestry, Public Administration and... Read more about Central Visayas economy posts 5.1 percent growth in 2017.

PSA Central Visayas hosts the training on Regional Accounts for Visayas Group

Release Date: 22 December 2017
Reference Number: 2017-NA07-003

The Philippine Statistics Authority (PSA) Visayas Regions converged in Cebu for a two-day training/workshop on the regional accounts on 12-13 October 2017 at Pacific Cebu Resort International in... Read more about PSA Central Visayas hosts the training on Regional Accounts for Visayas Group.

Economic Performance of Central Visayas grows by 8.8 percent in 2016

Release Date: 22 December 2017
Reference Number: 2017-SR07-001

The economy of Central Visayas accelerated to 8.8 percent in 2016, higher than the 4.9 percent growth recorded in 2015. The continued growth was attributed to the upsurge in Industry. Services... Read more about Economic Performance of Central Visayas grows by 8.8 percent in 2016.
Gross Regional Domestic Product
 
Gross Regional Domestic Product (GRDP) measures the economic performance of a region.  It covers the value of goods and services produced in the region.
 
GRDP is usually reported in terms of growth rate and expressed in real terms or at constant prices.  Growth rate shows if the economy grows faster (accelerated) or slower (decelerated) or decline (contracted) compared to the previous period.
 
GRDP measures the relative contribution of the three major economic sectors, Agriculture, Hunting, Forestry, and Fishing (AHFF), Industry, and Services.
 
Gross Regional Domestic Expenditure
 
The Gross Regional Domestic Expenditure (GRDE) is intended to complement the current series of the Gross Regional Domestic Product (GRDP).
 
GRDE is defined as the expenditure of residents of the region in the domestic territory plus their expenditures in other regions including the rest of the world.