Gross value added of ocean-based activities Philippines 2018-2023

Published by
Christy Balita,
Nov 19, 2024

The gross value added (GVA) of ocean-based activities in the Philippines reached about 943 billion Philippine pesos in 2023, the highest since 2018. The lowest GVA was recorded in 2020, at 663 billion Philippine pesos.

Gross value added (GVA) of ocean-based activities in the Philippines from 2018 to 2023 (in million Philippine pesos)

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Release date

October 2024

Region

Philippines

Survey time period

2018 to 2023

Supplementary notes

Ocean-based activities refer to water-based economic activities such as fishing, aquaculture, marine industries, and related services.

One Philippines peso is equal to 0.017 U.S. dollars and 0.016 euros as of November 2024.

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