City of Zamboanga Economy Continues to Increase with 
3.5 Percent Growth in 2023

The economy of the City of Zamboanga grew by 3.5 percent in 2023. The Gross Domestic Product (GDP) of City of Zamboanga was estimated at PhP 144.33 billion higher than the PhP 139.46 billion in the previous year. (Figure 1)

Figure 1. Gross Domestic Product of City of Zamboanga
In Terms of Levels (in Billion PhP) and Growth Rate (in Percent)
At Constant 2018 Prices, 2021 to 2023
 

                        Source: Philippine Statistics Authority

In Zamboanga Peninsula, City of Zamboanga had the largest share with  32.3 percent. This was followed by Zamboanga del Norte, Zamboanga del Sur, and Zamboanga Sibugay with 26.9 percent, 23.8 percent, and 
14.3 percent, respectively. City of Isabela has the least percentage share with 2.7 percent.

Figure 2. Gross Regional Domestic Product, by Province/HUC
In Terms of Share to GRDP (in Percent)
At Constant 2018 Prices, 2023

The Provincial Product Accounts (PPA) has been the mechanism of the PSA to compile the annual estimates of GDP by province and Highly Urbanized City (HUC), consistent with the National and Regional Accounts of the Philippines.  In 2023, following the successful PPA compilation of Zamboanga Peninsula, the PSA releases for the first time the PPA results for all 82 provinces and 33 HUCs across the country.

Full data series, charts, and data visuals of the results of the Provincial Product Accounts (PPA) of the City of Zamboanga can be accessed at the PPA landing page of the Philippine Statistics Authority (PSA) (psa.gov.ph/statistics/ppa), and the PSA Regional website (rsso09.psa.gov.ph/statistics/ppa).

MA. FLERIDA E. TAN
(Supervising Statistical Specialist)
Officer-in-Charge