Zamboanga Peninsula’s Economy Grows at a Slower Pace in 2019

Release Date :
Reference Number :
2020-10-001

Zamboanga Peninsula’s economy posted a decelerated growth of 4.6 percent in 2019 from 6.3 percent in 2018.  The main drivers for growth in 2019 are wholesale and retail trade; repair of motor vehicles and motorcycles, agriculture, forestry, and fishing, and manufacturing.

With 22.1 percent share to the regional economy, wholesale and retail trade; repair of motor vehicles and motorcycles accelerated to a 7.0 percent growth in 2019 from 6.7 percent growth in 2018.

Of the 6.0 percent economic growth in the country, Zamboanga Peninsula contributed 0.1 percentage point while accounting for 2.0 percent of the total GDP.

 
Attachment Size
Excel spreadsheet GRDP_Ind_2017_2019.xlsx 241.83 KB
Excel spreadsheet GRDP_Reg_2017_2019.xlsx 246.81 KB

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