Regional Accounts

Regional Accounts Releases

Central Visayas Economic Performance posted a growth of 5.4 percent in 2021

Release Date: 10 May 2022
Reference Number: 2021-NA07-009

Philippine Statistics Authority Region 7 (PSA 7) Regional Director Ariel E. Florendo announced that the economy of Central Visayas Region posted a growth of 5.4 percent in 2021 from a decline of... Read more about Central Visayas Economic Performance posted a growth of 5.4 percent in 2021.

Central Visayas’ economy rebounds by 5.4 percent in 2021

Release Date: 28 April 2022
Reference Number: 2022-PR07-008

The economy of Central Visayas recorded a 5.4 percent growth in 2021 compared with the contraction of 9.5 percent in 2020. This was valued at 1.20 trillion pesos in 2021 from 1.13 trillion pesos... Read more about Central Visayas’ economy rebounds by 5.4 percent in 2021.

PSA RSSO VII to hold a News Conference on the 2021 Economic Performance of Central Visayas

Release Date: 26 April 2022
Reference Number: 2022-PR07-007

The Philippine Statistics Authority- Regional Statistical Services Office VII (PSA RSSO VII) announces the release of the 2021 Economic Performance of Central Visayas on 28 April 2022 (Thursday)... Read more about PSA RSSO VII to hold a News Conference on the 2021 Economic Performance of Central Visayas .

PSA 7 prepares for the 2020 RAP News Conference

Release Date: 14 May 2021
Reference Number: 2021-NA07-015

The Philippine Statistics Authority (PSA) is set to release the 2020 Regional Accounts of the Philippines on 29 April 2021 (Thursday) at 10:00 AM through a simultaneous virtual press conference... Read more about PSA 7 prepares for the 2020 RAP News Conference.

Central Visayas Economic Performance declines by 9.9 percent in 2020

Release Date: 12 May 2021
Reference Number: 2021-NA07-014

Philippine Statistics Authority Region 7 (PSA 7) Regional Director Ariel Florendo said that the economic performance of Central Visayas declined by 9.9 percent in 2020. This was reported on the... Read more about Central Visayas Economic Performance declines by 9.9 percent in 2020.
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.