2015 GRDP Presentation

Republic of the Philippines
Philippine Statistics Authority

2015 REPORT ON THE
REGIONAL ECONOMY OF MIMAROPA
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
Philippine Statistics Authority, Regional Statistical Service Office IV

Tamaraw Hall, Provincial Capitol Complex, Camilmil, Calapan
City
28 July 2016, 10:00 am
Highlights of the
2015 GROSS REGIONAL
DOMESTIC PRODUCT
of
MIMAROPA
Outline of Presentation
I.
II.
III.
IV.
V.
VI.
VII.
Background of the GRDP

Levels of GRDP
Growth Rates
Percent distribution by Industry/Sub-industry
Contribution to growth
Per Capita GRDP
Performance of MIMAROPA IV-B vis--vis
other regions
VIII. Sources of data
4
Background of the GRDP
GROSS REGIONAL DOMESTIC PRODUCT

measures the economic performance of a region
it includes goods and services produced by all
households and establishments in the region
reported in terms of growth rate in real terms (or at
constant prices)
Growth rate shows if the economy grows faster (accelerated),
slower (decelerated), or declined (contraction) compared to the
previous year.
Three major sectors:

1. Agriculture, Hunting, Forestry and Fishery (AHFF)
2. Industry
3. Services
5
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
COMPARATIVE GDP GROWTH OF PHILIPPINES AND MIMAROPA

2014 and 2015
AREA
2013-14 2014-15
Philippine
s
6.2%
5.9%
decelerated
MIMAROP
A
8.3%
1.7%
decelerated
The national economy decelerated to 5.9 percent
in 2015 from 6.2 percent in 2014

MIMAROPAs economy also decelerated to 1.7
percent in 2015 from 8.3 percent in 2014.
Growth Rates
GROSS REGIONAL DOMESTIC PRODUCT, MIMAROPA: 2012-2015

9
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
GRDP growth in the region is unstable in the last four years

From 8.3 percent in 2014, MIMAROPAs economy decelerated to
1.7 percent in 2015
Growth Rates of
Industry/Sub-industry
Growth Rates by Industry/Sub-industry: MIMAROPA

2013-2014 and 2014-2015 (At Constant 2000 Prices)
INDUSTRY/YEAR
I. AGRI., HUNTING, FORESTRY & FISHING

a. Agriculture and Forestry
b. Fishing
II INDUSTRY
a. Mining and Quarrying
b. Manufacturing
c. Construction
d. Electricity, Gas and Water Supply
III SERVICES
a. Transport, Storage & Communication
b. Trade and Repair of Motor Vehicles, Motorcycles, Personal
and Household Goods
c. Financial Intermediation
d. R. Estate, Renting & Business Activities
e. Public Administration & Defense;
Compulsory Social Security
f. Other Services
GROSS DOMESTIC PRODUCT
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
MIMAROPAs Services accelerated from 5.0 percent in 2014 to 7.3

percent in 2015
Industry declined to negative 5.3 percent in 2015 from 17.1 percent in
2014
Percent distribution
of Industry/Sub-industry
Percent Distribution by Industry/Sub-industry: MIMAROPA

2013-2015 (At Constant 2000 Prices)
INDUSTRY/YEAR
b. Fishing
II INDUSTRY
b. Manufacturing
c. Construction
III SERVICES
b. Trade and Repair of Motor Vehicles,
Motorcycles, Personal and Household Goods
e. Public Administration & Defense; Compulsory Social
Sec
f. Other Services
GROSS DOMESTIC PRODUCT
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
Services sustained its largest share of the regions total

economy with 43.7 percent share
Industry and AHFF accounted for 33.5 percent and 22.8
percent, respectively.
Sectoral Distribution of AHFF, MIMAROPA: 2015

(At Constant 2000 Prices)
Fishing
24.6
Agriculture and Forestry
75.4
Agriculture and Forestry accounted for 75.6

percent of the regions total AHFF output in
2015
Fishing accounted for 24.4 percent
Sectoral Distribution of Industry, MIMAROPA: 2015

Electricity, Gas and Water
Supply
Manufacturi
ng
1.9
14.7
Construction
22.5
61.0
Mining and Quarrying
Mining and Quarrying accounted for 61.0 percent of the

regions Industry outputs
Construction, 22.5 percent; Manufacturing, 14.7 percent
; Electricity and Gas and Water accounted for 1.9
percent
Sectoral Distribution of Services, MIMAROPA: 2015

Financial
Intermediation
Public
Administration and
Defense;
Compulsary and
Social Security
Trade and Repair of
Motor Vehicles,
Motorcycles, Personal
and Household Goods
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
Sectoral Contributions to Growth by Industry: MIMAROPA

2013-14 to 2014-15 (At Constant 2000 Prices)
INDUSTRY/YEAR
b. Fishing
II INDUSTRY
b. Manufacturing
c. Construction
III SERVICES
b. Trade and Repair of Motor Vehicles,
Motorcycles, Personal and Household Goods
e. Public Administration & Defense; Compulsory
Social Security
f. Other Services
GROSS REGIONAL DOMESTIC PRODUCT
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
Services contributed 3.0 percentage points to the 1.7

percent regional growth in 2015
AHFF shared in 0.6 percentage point while Industry
pulled down the regions economy by 1.9 percentage
Performance of the
Region
vis--vis the other
Regions
15
Growth Rate
GRDP Growth Rates by Region: 2013-14 and 2014-15

AREA
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
ARMM
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
MIMAROPA ranked 16th among 17 regions in terms of GRDP growth in 2015;
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.

Bicol
recorded the fastest growth at 8.4 %

Philippine Statistics
Authority
followed
by Western Visayas at 8.3% and Davao
Region at 7.9%
ARMM posted a contraction of 0.8%
12 out of 17 regions posted lower growth rates
than the national growth rate of 5.9%
2014-2015
Regional
Growths
8.4
%
10.0
5.9
8.0
%
7.9
%
8.3
%
6.0
4.0
2.0
(2.0)
PHL NCR CAR
II
III
IVA
IVB
VI
VII
VIII
IX
XI
0.8
% XIIIARMM
XII

Regional
Accelerated
Growths RegionGrowths
(7)
+ ppt
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
Regional Share to Total GDP
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
Regional Shares to Total GDP: 2014 to 2015

2014
2015
MIMAROPA contributed
2014 2015 Rank
Rank
100.0 100.0
36.4
36.5
1.8
1.8
3.1
3.1
1.8
1.8
9.3
9.3
17.2
17.2
1.7
1.6
2.0
2.0
3.9
4.0
6.4
6.4
2.0
2.0
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
1.6 percent to the

national GDP in 2015
slightly lower than its
1.7 percent share in
2014; remained ranked
15th in terms of
regional shares
NCR, CALABARZON and
Central Luzon
remained as the top
three regions with the
biggest economies
Contribution to GDP Growth
Regional Contributions to GDP Growth: 2014 and 2015

AREA
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
ARMM
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
NCR was the top

contributor to the
national growth at 2.38
percentage points
followed by
CALABARZON,
1.02 percentage points;
and Central Luzon,
0.49 percentage point
6.0
Contribution
5.5
to GDP
5.0
Growth Rate
4.5
2015
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)
Per Capita GRDP
Per Capita GRDP By Region: 2013 to 2015

REGION / YEAR
PHILIPPINES
NCR
CAR
ILOCOS
CAGAYAN VALLEY
CENTRAL LUZON
CALABARZON
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

Per Capita GDP: MIMAROPA
At Constant Prices, 2015
41,000
2015 Per Capita

Index to National
Average:
40706
40,500
(3.0)
%
52.8
40,000
39495
39,500
39,000
38,500
2014
2015

Per Capita GRDP Growth Rate: 2013 to 2015
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
ARMM
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)
MIMAROPAs per capita GRDP declined to negative 3.0

percent in 2015 from 6.7 percent in 2014
In 2015, NCR posted the highest per capita GRDP growth at
7.8 percent followed by CALABARZON at 6.5 percent.
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
Source: Philippine Statistics Authority
ARMM
CAR
III
IVA
NCR
II
IVB
VI
VII
VIII
IX
XI
XII
XIII
Data Sources
AHFF

Department of Agriculture
National Irrigation Administration
Forest Management Bureau
Department of Environment and Natural
Resources
Philippine Coconut Authority
Sugar Regulatory Administration
26
Data Sources
Industry

Mines and Geosciences Bureau
Department of Public Works & Highways
Department of Energy
National Power Corporation (NPC)
National Electrification administration (NEA)
Housing and Urban Development Coordinating
Council
National Disaster Risk Reduction Management
Council
Department of Trade and Industry (DTI)
Securities and Exchange Commission27(SEC)
Data Sources
Services

Bureau of Local Government and
Finance
Philippine Airlines
Department of Tourism
Land Transportation Office
Social Security System (SSS)
Department of Labor & Employment
Treasury Office
Bangko Sentral ng Pilipinas
Bureau of Internal Revenue (BIR)
Civil Aviation Authority of the
Philippines (CAAP)
Department of Budget Management
Department of Interior and Local
Government
Technical Education and Skills
Development Authority
Department of Education (DepEd)

Department of Social Welfare and
Development
Local Government Units (LGUs)
Commission on Audit (COA)
Home Development Mutual Fund
(HDMF)
Department of Health (DOH)
Department of Tourism (DOT)
Land Transportation Office (LTO)
National Telecommunications
Commission (NTC)
Bangko Sentral ng Pilipinas
Philippine Ports Authority (PPA)
Civil Service Commission
28
Maraming Salamat Po!

For inquiries, you may visit, call or email us at:
PSA Regional Statistical Service Office IVB
2nd Floor Emerald Building, Brgy. Camilmil, Calapan
City
Tel/Fax Number: (043) 286-7491 , (043) 286-2340
Email Address: psamimaropa@yahoo.com
statisticsr4b@yahoo.com
URL: http://psa.gov.ph

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Republic of the Philippines

Philippine Statistics Authority

Republic of the Philippines

Philippine Statistics Authority

Republic of the Philippines

Philippine Statistics Authority

Philippine Statistics Authority, Regional Statistical Service Office IV

Republic of the Philippines

Philippine Statistics Authority

Republic of the Philippines

Philippine Statistics Authority

Background of the GRDP

Republic of the Philippines

Philippine Statistics Authority

Background of the GRDP

GROSS REGIONAL DOMESTIC PRODUCT

Three major sectors:

Republic of the Philippines

Philippine Statistics Authority

Republic of the Philippines

Philippine Statistics Authority

COMPARATIVE GDP GROWTH OF PHILIPPINES AND MIMAROPA

The national economy decelerated to 5.9 percent

in 2015 from 6.2 percent in 2014

Republic of the Philippines

Philippine Statistics Authority

GROSS REGIONAL DOMESTIC PRODUCT, MIMAROPA: 2012-2015

GRDP growth in the region is unstable in the last four years

Republic of the Philippines

Philippine Statistics Authority

Growth Rates by Industry/Sub-industry: MIMAROPA

I. AGRI., HUNTING, FORESTRY & FISHING

MIMAROPAs Services accelerated from 5.0 percent in 2014 to 7.3

Republic of the Philippines

Philippine Statistics Authority

Percent Distribution by Industry/Sub-industry: MIMAROPA

Services sustained its largest share of the regions total

Republic of the Philippines

Philippine Statistics Authority

Sectoral Distribution of AHFF, MIMAROPA: 2015

Agriculture and Forestry

Agriculture and Forestry accounted for 75.6

Republic of the Philippines

Philippine Statistics Authority

Sectoral Distribution of Industry, MIMAROPA: 2015

Mining and Quarrying

Mining and Quarrying accounted for 61.0 percent of the

Republic of the Philippines

Philippine Statistics Authority

Sectoral Distribution of Services, MIMAROPA: 2015

Republic of the Philippines

Philippine Statistics Authority

Sectoral Contributions to Growth by Industry: MIMAROPA

Services contributed 3.0 percentage points to the 1.7

Republic of the Philippines

Philippine Statistics Authority

Republic of the Philippines

Philippine Statistics Authority

GRDP Growth Rates by Region: 2013-14 and 2014-15

MIMAROPA ranked 16th among 17 regions in terms of GRDP growth in 2015;

Republic of the Philippines

recorded the fastest growth at 8.4 %