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Gross domestic expenditures in the Philippines in 2024, by region (in billion Philippine pesos)

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Source

Release date

April 2025

Region

Philippines

Survey time period

2024

Special properties

figures are at constant 2018 prices

Supplementary notes

One Philippines peso is equal to 0.018 U.S. dollars and 0.016 euros as of May 2025.

Figures have been rounded.

Citation formats

Gross domestic expenditures Philippines 2024, by region

Published by Zeynep Dierks, May 14, 2025

The National Capital Region (NCR) registered the highest gross regional domestic expenditures (GRDE) in the Philippines, amounting to about trillion Philippine pesos in 2024. This was followed by Region IV-A or the CALABARZON region. 

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.

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