The Gross Regional Domestic Product (GRDP) of Central Visayas in 2018 accelerated to 7.6 percent, from the 5.2 percent growth in 2017. This was driven by the acceleration in Services and Industry... Read more about Central Visayas’ economy grows by 7.6 in 2018.
Regional Accounts
Regional Accounts Releases
Central Visayas’ economy grows by 7.6 in 2018
Release Date: 25 April 2019
Reference Number: 2019-PR07-004
The Gross Regional Domestic Product (GRDP) of Central Visayas in 2018 accelerated to 7.6 percent, from the 5.2 percent growth in 2017. This was driven by the acceleration in Services and Industry... Read more about Central Visayas’ economy grows by 7.6 in 2018.
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.
