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2015 GRDP Presentation
2015 GRDP Presentation
NEWS CONFERENCE
28 July 2016, 10:00 am
Tamaraw Hall, Provincial Capitol Complex, Camilmil, Calapan City
2015 REPORT
ON THE REGIONAL ECONOMY OF
MIMAROPA
LENI R. RIOFLORIDO
Regional Director
Highlights of the
2015 GROSS REGIONAL
DOMESTIC PRODUCT
of
MIMAROPA
Outline of Presentation
I.
II.
III.
IV.
V.
VI.
VII.
ECONOMIC
PERFORMANCE
MIMAROPA GDP: 2013-2015
At Constant 2000 Prices, in Pesos
124,000,000
1.7%
122,000,000
5.5%
120,000,000
In118,000,000
thousand pesos
116,000,000
122,010,402
119,912,297
8.3%
114,000,000
112,000,000
110,000,000
110,673,201
108,000,000
106,000,000
104,000,000
2013
2014
2015
Growth Rates
AREA
2013-14 2014-15
Philippine
s
6.2%
5.9%
decelerated
MIMAROP
A
8.3%
1.7%
decelerated
Growth Rates
8.3
8
7
6
5
4
MIMAROPAs
2015 GRDP
Growth Rate
4.1
3
2
1.7
1.3
1
0
2012
2013
2014
2015
Growth Rates of
Industry/Sub-industry
2013-2014
2014-2015
2.3
4.0
(2.6)
17.1
12.1
14.0
36.6
13.0
5.0
7.1
2.8
3.8
(0.5)
(5.3)
(7.3)
0.2
(4.4)
13.4
7.3
8.9
2.9
8.3
8.8
1.1
7.4
(0.3)
4.5
1.7
5.4
8.3
12.9
1.7
Percent distribution
of Industry/Sub-industry
2013
2014
2015
23.9
17.6
6.3
33.3
21.6
4.7
6.3
0.5
42.8
9.8
22.6
16.9
5.7
35.9
22.4
5.0
8.0
0.6
41.5
9.7
22.8
17.2
5.6
33.5
20.4
4.9
7.5
0.6
43.7
10.4
4.9
4.4
7.6
4.6
4.4
7.1
4.9
4.7
7.0
4.9
11.2
100.0
4.7
10.9
100.0
4.7
12.1
100.0
Percent distribution
of Industry/Sub-industry
Fishing
24.6
75.4
Percent distribution
of Industry/Sub-industry
1.9
14.7
Construction
22.5
61.0
Percent distribution
of Industry/Sub-industry
10.6
10.8
27.7
11.2
Real Estate,
Renting and
Business Activities
Other Services
16.0
23.7
Transportation,
Storage and
Communication
In 2015, Other Services accounted for 27.7 percent of the regions Services
outputs
TSC, 23.7 percent; RERBA, 16.0 percent; Trade and Repair, 11.2 percent;
Public Administration and Defense and Financial Intermediation accounted
for 10.8 percent and 10.6 percent, respectively.
Contribution to Growth
2013-14
0.5
0.7
(0.2)
5.7
2.6
0.7
2.3
0.1
2.1
0.7
2014-15
0.6
0.6
(0.0)
(1.9)
(1.6)
0.0
(0.4)
0.1
3.0
0.9
0.1
0.4
0.4
0.3
0.1
(0.0)
0.2
0.1
0.6
8.3
1.4
1.7
Performance of the
Region
vis--vis the other
Regions
15
Growth Rate
GROWTH RATE
2013-14
2014-15
6.2
5.9
3.3
6.4
7.2
9.3
5.1
8.3
4.3
5.2
7.8
(2.4)
6.6
7.1
9.3
6.2
9.4
3.0
5.9
6.6
3.7
5.0
3.7
5.3
5.9
1.7
8.4
8.3
4.8
3.9
7.2
5.5
7.9
3.3
4.2
(0.8)
RANK
2014
2015
11
15
9
6
3
13
4
14
12
5
17
8
7
2
10
1
16
5
13
9
14
8
6
16
1
2
10
12
4
7
3
15
11
17
Bicol was the fastest growing region at 8.4 percent followed by Western
Visayas at 8.3 percent and Davao Region at 7.9 percent.
Regional
Growths
8.4
%
10.0
5.9
8.0
%
7.9
%
8.3
%
6.0
4.0
2.0
(2.0)
II
III
IVA
IVB
VI
VII
VIII
IX
XI
0.8
% XIIIARMM
XII
2014-2015
VIII
V
6.3
4.0
VI
IVA
NCR
3.1
0.8
0.62
IX
CAR
0.61
0.5
Contraction
Region (1)
- ppt
ARMM
6.8
Decelerated Growths
Region (9)
- ppt
IVB
6.6
Caraga
III
II
5.2
4.0
3.5
VII
XII
X
XI
3.0
2.9
1.6
1.43
1.40
REGION / YEAR
PHILIPPINES
NCR
CAR
ILOCOS
CAGAYAN VALLEY
CENTRAL LUZON
CALABARZON
MIMAROPA
BICOL
WESTERN VISAYAS
CENTRAL VISAYAS
EASTERN VISAYAS
ZAMBOANGA
PENINSULA
NORTHERN
MINDANAO
DAVAO REGION
SOCCSKSARGEN
CARAGA
1
14
8
13
3
2
15
12
6
4
10
1
14
8
13
3
2
15
11
5
4
12
2.0
2.1
11
10
3.7
3.9
2.7
1.3
3.7
4.0
2.7
1.3
7
5
9
16
7
6
9
16
2014
6.22
2.16
0.06
0.20
0.13
0.84
0.89
0.14
0.09
0.21
0.49
(0.05)
2015
5.90
2.38
0.07
0.16
0.07
0.49
1.02
0.03
0.17
0.33
0.31
0.08
0.13
0.27
0.36
0.17
0.12
0.02
0.15
0.21
0.31
0.09
0.05
(0.006)
MIMAROPA contributed
0.03 percentage point to
the 5.90 percent GDP
growth in 2015
6.0
Contribution
Philippine Statistics Authority
5.5
to GDP
5.0
Growth Rate
4.5
2015
Republic of the Philippines
4.0
3.5
3.0
2.5
2.0
1.5
1.0
0.5
0.0
(0.5)
Region ppt
NCR
2.4
IVA
1.0
III
0.5
VI
0.3
VII
0.3
XI
0.3
X
0.2
V
0.2
I
0.2
IX
0.1
XII
0.1
VIII
0.1
CAR
0.1
II
0.1
XIII
0.1
IVB
0.03
ARMM (0.006)
2013
2014
2015
68,746
71,790
74,770
195,013
203,231
219,114
72,773
73,969
74,845
42,646
44,892
46,008
35,571
37,644
38,269
56,557
60,676
63,455
84,657
86,654
92,285
MIMAROPA
38,141
40,706
39,495
BICOL
24,014
24,720
25,648
WESTERN VISAYAS
35,883
37,293
39,484
CENTRAL VISAYAS
59,200
62,795
64,858
EASTERN VISAYAS
35,002
33,771
33,547
ZAMBOANGA PENINSULA
38,001
39,887
41,683
NORTHERN MINDANAO
54,721
57,613
60,178
DAVAO REGION
54,196
58,275
61,197
SOCCSKSARGEN
41,835
43,498
44,202
CARAGA
33,051
35,672
35,444
Per capita GDP in the region was estimated at P39,495 in 2015, 47.2 percent
ARMM
14,388
14,611
13,588
lower than the P74,770 national per capita GDP
NCR posted the highest per capita GDP of P219,114
41,000
40706
40,500
(3.0)
%
52.8
40,000
39495
39,500
39,000
38,500
2014
2015
2013-14
4.4
4.2
1.6
5.3
5.8
7.3
2.4
6.7
2.9
3.9
6.1
(3.5)
5.0
5.3
7.5
4.0
7.9
1.6
2014-15
4.2
7.8
1.2
2.5
1.7
4.6
6.5
(3.0)
3.8
5.9
3.3
(0.7)
4.5
4.5
5.0
1.6
(0.6)
(7.0)
Republic of
of thethe
Philippines
Structure
Regional Economies: 2015
1
3
13
Only ARMM
is
predominan
tly
agricultural
regions are
predominant
ly industrial
regions are
predominantl
y servicesbased
ARMM
CAR
III
IVA
NCR
II
IVB
VI
VII
VIII
IX
XI
XII
XIII
Data Sources
AHFF
26
Data Sources
Industry
Data Sources
Services
28