Finance and Private Sector Development Report Volume 4


Lack of development in the region has also meant that these areas have remained predominantly agricultural, lacking the diversified and differentiated economic activities found i rl more developed areas. Agriculture, Fisheries and Forestry account for 49% of Gross Regional Domestic Product (GRDP) in ARMM (taken as a whole), 37% in Region IX (Western Mindanao), 31 % in Region XII (Central Mindanao), and 30% in Region XI (Southwestern Mindanao), compared to 15% for the Philippines as a whole. Conversely, Industry accounts for just 11 % of GDP in ARMM and 19% in Region IX.

Source InstitutionWorld Bank
Source URL
Page Count98
Place of PublicationPasig City
Original Publication DateDecember 1, 2005