The Philippine Statistics Authority (PSA) has reported the country’s gross domestic product (GDP) contracted by 9.6 percent in 2020 from an expansion of 6.1 percent in 2019. Economic output in all of the seventeen (17) regions of the Philippines declined in 2020 (Table 1). Double-digit contractions in output were recorded by Region III (-13.9 percent), Region IVA (-10.5 percent), and NCR (-10.1 percent). In total, these three regions accounted for 57.1 percent of total GDP for 2020.
