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Reference-Number
2024-177

The economy of Quezon grew by 5.3 percent in 2023 from its 2022 level, slower than the 7.7 percent growth in the previous year. This represents an increase in the value of Gross Domestic Product (GDP) from PhP 217.82 billion in 2022 to PhP 229.39 billion in 2023. (Figure 1)

Among the 16 industries, the fastest growths were observed in Other services with 30.7 percent, followed by Accommodation and food service activities with 19.8 percent, and Construction with 13.6 percent. On the other hand, Agriculture, forestry, and fishing, experienced negative growth at 4.5 percent. (Figure 2)

Full data series, charts, and data visuals of the results of the Provincial Product Accounts (PPA) of Quezon can be accessed at the PPA landing page of the Philippine Statistics Authority (PSA) (psa.gov.ph/statistics/ppa), and the PSA Regional website (rsso04a.psa.gov.ph/statistics/ppa).


(SGD.) AIRENE A. PUCYUTAN
Chief Statistical Specialist

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