The economy of CALABARZON grew at 5.2 percent in 2023. This was slower than the 7.8 percent growth recorded in 2022. In terms of levels, the size of CALABARZON’s economy continued to…

All major expenditure items posted positive growths with Gross capital formation recording the highest growth of 17.4 percent

CALABARZON’s spending on Gross capital formation posted the fastest growth at 46.4 percent in 2021. Other expenditure items also posted expansion.