CALABARZON is the fastest growing region in 2021 The economy of CALABARZON grew by 7.6 percent in 2021 from a decline of -10.5 percent in 2020. It recorded the fastest growth among the regions in the country during the period. The expansion was fueled by the high rebound in Manufacturing at 11.0 percent from a -11.7 percent contraction in the previous year. Source: Philippine Statistics Authority All industries posted growth in 2021 with Construction recorded the highest growth at 21.4 percent. Meanwhile, Agriculture, forestry and fishing (AFF) registered a contraction of -9.4 percent. Industry comprised the biggest share of the region’s economy estimated at 51.0 percent. It expanded by 11.2 percent from a decline of -12.6 percent in 2020. Services, accounting for 44.1 percent of the total, increased by 5.9 percent. AFF had the least share of 4.8 percent. Of the 5.7 percent growth of GDP of the country, CALABARZON contributed 1.1 percentage points, the second highest among the regions. The region was also the second largest in terms of share, accounting for 14.7 percent of total GDP. (SGD) CHARITO C. ARMONIA Regional Directo
The Philippine Statistics Authority – Regional Statistical Services Office IV-A announces the conduct of Press Conference on the December 2024 CALABARZON Regional Inflation Report, which will be held…
The Philippine Statistics Authority (PSA) Quezon Provincial Statistical Office conducted a seminar for mall tenants of Pacific Mall - Lucena City, Quezon on 27 November 2024. It was held at the 3rd…
The Philippine Statistics Authority (PSA) demonstrated its unwavering commitment to public service by joining the Provincial Assistance for Community, Public Employment, and Youth & Sports…
