Gross domestic expenditures Philippines 2023, by region

Published by
Christy Balita,
May 6, 2024
In 2023, the National Capital Region (NCR) accounted for the highest expenditures on Gross Regional Domestic Product in the Philippines amounting to about 6.57 trillion Philippine pesos. Overall, the gross regional domestic expenditures during that year amounted to 21.05 trillion Philippine pesos. GRDE is defined as the expenditure of residents of the region in the domestic territory plus their expenditures in other regions including the rest of the world.

Gross domestic expenditures in the Philippines in 2023, by region (in billion Philippine pesos)

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Release date

April 2024

Region

Philippines

Survey time period

2023

Special properties

figures are at constant 2018 prices

Supplementary notes

One Philippine peso is equal to 0.018 U.S. dollars and 0.016 euros as of May 2023.

Figures have been rounded.

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