The economy of the Province of Quezon accelerated by 7.7 percent in 2022 from a 6.0 percent increase in 2021. In 2022, the Gross Domestic Product of Quezon was estimated at PhP 217.84 billion. (Figure 1)

Among the major industries, Industry and Services went up by 10.4 percent and 10.1 percent, respectively. Meanwhile, the Agriculture, forestry and fishing declined by 0.7 percent. (Table 1)

The GDP per capita growth rate of the province of Quezon was registered at 6.6 percent or estimated at PhP 108,184 in 2022. GDP per capita is derived by dividing the GPDP at constant prices by the population of the province.

In 2022, Rizal registered the modest GDP growth rate of 6.7 percent among provinces and Highly Urbanized City (HUC). Meanwhile, Cavite registered the highest growth rate of 9.2 percent, followed by City of Lucena, Quezon, and Batangas with 7.73 percent, 7.68 percent, and 7.66 percent, respectively. (Figure 2)

In CALABARZON, Laguna remained the biggest economy in the region accounting for 33.7 percent in 2022. The province of Cavite and Batangas followed with 24.9 percent and 20.9 percent, respectively. (Figure 3)

The Philippine Statistics Authority (PSA) established through Republic Act No. 10625, otherwise known as the Philippine Statistical Act of 2013, is tasked, among others, to compile and maintain macroeconomic accounts and indicators, at the national and subnational level.

The Provincial Product Accounts or PPA has been the mechanism of the PSA to compile the annual estimates of Gross Domestic Product by province/HUC, consistent with the National and Regional Accounts of the Philippines.  In 2023, all provinces and lone HUC of CALABARZON continue to implement the PPA since its inception in 2022, together with other pilot regions. As of 2023, there are a total of 82 provinces and 17 HUCs compiling the PPA.

Full data series, charts, and data visuals of PPA CALABARZON can be accessed at the PPA landing page of the PSA (psa.gov.ph/statistics/ppa), and the PSA Regional website (rsso04a.psa.gov.ph/statistics/ppa).  

(SGD.) AIRENE A. PUCYUTAN 
Provincial Statistics Officer 
PSA Quezon

NDP/IJCA