Bohol’s Economy Registers 6.6 Percent Growth in 2023

Release Date:
Reference Number: 2024-PR12-024

 

The economy of Bohol increased by 6.6 percent growth in 2023, a deceleration from 7.0 percent growth in 2022. The Gross Domestic             Product (GDP) of Bohol was estimated at PhP 182.41 billion. (Figure 1)

Figure 1. Gross Domestic Product of Bohol

 

Among the Provinces and Highly Urbanized Cities (HUCs) of Central Visayas, Bohol had the third largest share. Bohol accounted for        13.2 percent of the Gross Regional Domestic Product (GRDP) estimated at PhP 1.38 trillion in 2023. Meanwhile, the province of Cebu had the largest share with 29.8 percent.

 

Figure 2. Gross Regional Domestic Product, by Province/HUC

 

Full data series, charts, and data visuals of the results of the Provincial Product Accounts (PPA) of Bohol can be accessed at the PPA landing page of the Philippine Statistics Authority (PSA) (psa.gov.ph/statistics/ppa), and PPA landing page of the Regional website (rsso07.psa.gov.ph/statistics/ppa).

 

 

(SGD.) JESSAMYN ANNE C. ALCAZAREN
Chief Statistical Specialist

 

PEE/VPG/FDT/RNB

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