All of the 17 regions’ economies saw a recovery in 2021, a reversal from the pandemic-induced recession during the peak of the COVID-19 pandemic in 2020, data released Thursday by the Philippine Statistics showed.
Among the regions, Region IV-A or CALABARZON recorded the fastest economic growth at 7.6% last year, from -10.5% in 2020.
Other regions which grew above the national le vel of 5.7% in 2021 were Central Luzon at 7.4% from -9.9%, Caraga at 7.2% from -7.2%, Northern Mindanao at 6.3% from -5.2%, Eastern Visaya at 6% from -7.6%, Western Visayas at 5.9% from -9.7%, Davao Region at 5.9% from -7.6%, and Zamboanga Peninsula at 5.7% from -5.2%.
On the share of each region to the Industry sector, CALABARZON has the lion’s share at 25.1%, followed by NCR at 19.6% and Central Luzon at 15.4%.
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