GDP rose 6.8% to over PhP14.

3 trillion or
$304 billion in 2016
GDP by industrial origin/sector GDP by region
Public admin
(in % share) 2016 (in % share) in 2015
4% Utilities 3%
Mining 1%

Transport &
comm 6%
Others* 16%
Manufacturing
20%
Ilocos 3%
NCR 38%
Construction
7% N Mindanao 4%

Financial W Visayas 4%
intermediation
Trade & repair
8%
vehicles, goods Davao 4%
18%
Agri, hunting,
forestry and
fishing 10% C Visayas 7%

Other services R. Estate 13% C Luzon 9% Calabarzon 15%

10%

* Others services include education, health, hotels & * Others include the regions of CAR (RIII), Cagayan (RII), Mimaropa (RIVB), Bicol (RV),
restaurants, recreation, and others E Visayas (RVIII), Zamboanga (RIX), Socsksargen (RXII), Caraga (RXIII), ARMM

GDP growth by major sector, %

Category 2015 2016
Agriculture 0.1 (1.3)
Industry sector 6.0 8.0
Service sector 6.8 7.5
GDP 5.9 6.8
Source: National accounts, PSA various years
 Philippine economic growth in 2016

Developing Asia is doing well amid slow global economic

recovery. The Philippines is an outperformer among its Asian
peers with a 6.8% GDP growth in 2016.
The construction, real estate & business services, and tourism
sectors posted above-average growth rates.
Economic growth has benefitted more the NCR, Calabarzon,
and Central Luzon over the other regions.