All other periods were off-target by an average of 20.62%. Cagayan Valley remains a low contributor to the country’s GDP at 1.99%, along with Region XIII (1.31%) and the Autonomous Region of Muslim Mindanao (0.87%). This shows that the comparative advantage of the region as producer of raw materials was not optimized because of lack of processing industries.
|Source Institution||National Economic and Development Authority|
|Place of Publication||Manila|
|Original Publication Date|