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Release Date :
Reference Number :
2022-PR07-018

The Philippine Statistics Authority 7 (PSA 7) reached another major milestone by completing the 2021 Provincial Product Accounts (PPA). Starting 28 November 2022 to 02 December 2022, PSA 7 will release the 2021 Economic Performance of the Provinces including the Highly Urbanized Cities (HUCs) in Central Visayas. The schedule of the 2021 PPA dissemination forum are as follows:

PROVINCE

DATE

VENUE

Siquijor

28 November 2022 (Monday)

8:30 AM to 12:00 NN

Face-to-face at Coco Grove Beach Resort

Tubod, San Juan, Siquijor

Virtual using Zoom and Facebook Live

 

Meeting Link: https://tinyurl.com/2021PPAForum-Siquijor

Meeting ID: 860 7336 8987

Passcode: 2022PPA

Negros Oriental

29 November 22 (Tuesday)

1:00 PM to 5:00 PM

Face-to-face at (TBA) Virtual using Zoom and Facebook Live

Meeting Link: https://tinyurl.com/2021PPA-Forum-NegOr

Meeting ID: 870 1546 4861

Passcode: 941308

Bohol

01 December 2022 (Thursday)

1:00 P.M. to 5:00 PM

Face-to-face at (TBA)

Virtual using Zoom and Facebook Live

Meeting Link: https://tinyurl.com/2021PPAForum-Bohol

Meeting ID: 886 7306 2513

Passcode: 109635

Cebu Province including HUCs (City of Cebu, City of Lapu-Lapu and City of Mandaue)

02 December 2022 (Friday)

9:00 AM to 3:00 PM

Face-to-face at Bai Hotel Cebu, Mandaue City

Virtual using Zoom and Facebook Live

Meeting Link: https://tinyurl.com/2021PPAFORUM-Cebu

Meeting ID: 218 176 1256

Passcode: 2021PPA

The PPA initiative enabled the compilation of Gross Domestic Product (GDP) of the provinces and highly urbanized cities (HUCs). Consistent with the GDP at the national and regional level, PPA has long been demanded by the planners and policy makers to provide a suitable measure of economic performance at the subregional level, and as a source of indicators to monitor the economic development or progress at the local level. This will provide our stakeholders both in the government and private institutions as well as those in the academe with sound indicators for evidence-based policies at the local level. The PPA was compiled consistent with the framework of the System of National Accounts. The GDP of the provinces and HUCs was estimated using the production approach.

With this another milestone, PSA 7 is grateful to its partners and data providers for their full support and cooperation in sustaining data requirements for a more timely, accurate, and relevant economic accounts at the provincial level.

Detailed results of the PPA will be released by the respective provincial statistical offices:

Bohol - http://rsso07.psa.gov.ph/bohol

Cebu - http://rsso07.psa.gov.ph/cebu

Negros Oriental - http://rsso07.psa.gov.ph/NegrosOriental

Siquijor - http://rsso07.psa.gov.ph/siquijor

For more information, visit our website at http://rsso07.psa.gov.ph/.

 

(SGD.) ARIEL E. FLORENDO
Regional Director

Attachment Size
PDF 2022-PR07-018.pdf 115.43 KB

2021-2023 Economic Performance of City of Mandaue

The economy of City of Mandaue grew by 7.6 percent in 2023 from its 2022 level. This represents an increase in the value of Gross Domestic Product (GDP) from PhP 109.62 billion in 2022 to PhP 117.99…

2021-2023 Economic Performance of City of Lapu-Lapu

The economy of City of Lapu-Lapu grew by 9.4 percent in 2023 from its 2022 level. This represents an increase in the value of Gross Domestic Product (GDP) frombPhP 151.44 billion in 2022 to PhP 165.…

2021-2023 Economic Performance of City of Cebu

The economy of the City of Cebu posted 8.3 percent growth in 2023, slower than the 8.5 percent growth registered in the previous year. The Gross Domestic Product (GDP) of the city expanded to PhP 312…