Based on the report of the Philippine Statistics Authority (PSA) adopting 2018 as the new base year for the national income accounts, six of the 17 regions in the Philippines surpassed the 6.0% overall economic growth in 2019. The Bicol region registered the fastest growth rate at 7.4% from 6.9% in 2018. This was followed by the NCR (7.2%), Davao (7.0%), Ilocos (6.9%), Cagayan Valley (6.7%) and Western Visayas (6.4%). Except for Davao, these regions also bucked the deceleration in the growth of the overall economy. On the other hand, the regions which registered the lowest growth rates are: MIMAROPA (3.9%) and SOCCSKSARGEN (3.5%).
Regional.
