PIA Press Release
Northern Mindanao has 3rd highest per capita GRDP
by Rutchie Cabahug-Aguhob
Cagayan de Oro City (6 August) -- Northern Mindanao had a per capita gross regional domestic product (GRDP) of Php17,183 in 2009, the 3rd highest among the 17 regions of the country, last year.
Thus revealed Linnito M. Pascual, Regional Division Head of the National Statistics Coordinating Board (NSCB), region 10, who said the national per capita GRDP average stood at Php15,528, during the period.
The GRDP is the aggregate of gross value added (GVA) of all resident producer units in the region, the estimates of which are based on current and constant valuations with 1985 as the base year.
"For better understanding, the acronym GDP (Gross Domestic Product) can be given a Tagalog translation of'Gawa Dito Pinas' (Made in the Philippines) so that GRDP could also mean "Gawa ng Region Dito sa Pinas" (Made in this region of the Philippines)," Pascual said.
Meanwhile, he said the National Capital Region (NCR), Metro Manila posted the highest per capita GRDP of Php40,838 in 2009, followed by the Cordillera Autonomous Region (CAR) with Php19,007.
The rest of the regions had the following per capita GRDP: Region IX -Davao, Php15,696, Region VI- Central Visayas or, Php14,810, Region VI-Western Visayas, Php14,699, and Region IVA - Cavite, Laguna, Batangas, Rizal and Quezon (Calabarzon), Php14,209.
Region XII - South Cotabato, Cotabato, Sultan Kudarat, Sarangani and Gen. Santos (SOCCSARGEN), Php12,665, Region IVB - Mindoro, Marinduque, Romblon, Palawan (Mimaropa), Php13,295, Region II - Cagayan Valley, Php8,514 and Region I - Ilocos, Php8,030. Region V - Bicol, Php7,650, Region XIII - Caraga, Php7,579, Region VIII - Eastern Visayas, Php6,993 and lowest in the Autonomous Region of Northern Mindanao (ARMM), Php3,572. (PIA 10) [top]