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2 clusters · 3 sources · 16 days · First seen · Last updated

Davao Region economic growth and industrial development

Overview

The Davao Region has demonstrated sustained economic growth, outperforming the Philippines national average. In 2025, the region’s Gross Regional Domestic Product reached P1.14 trillion, marking its third consecutive year as a trillion-peso economy with a growth rate of 5.1%.

This economic strength is further evidenced by labor market performance and industrial expansion. By April 2026, the region reported a 2.5% unemployment rate, significantly lower than the national rate of 4.7%. Additionally, the industrial sector has seen growth through export-oriented manufacturing, particularly within the Anflo Industrial Estate, where 70% of operational locators focus on exports.

Entities

Davao Region · Philippines · Philippine Statistics Authority · Frederick D. Go · Anflo Industrial Estate

Timeline

  1. 3 days ago

    [BUSINESS] 2 sources
    Davao Region shows economic strength through low unemployment and industrial growth

    The Davao Region shows economic strength with a 2.5% unemployment rate in April 2026 and growing industrial exports via the Anflo Industrial Estate.

  2. 18 days ago

    [BUSINESS] 2 sources
    Davao Region economy grows 5.1%, outpacing Philippines national average

    The Davao Region's economy grew by 5.1% in 2025, surpassing the Philippines' national growth rate of 4.4% and reaching a GRDP of P1.14 trillion.

Sources

brigadanews.ph · edgedavao.net · mindanaotimes.com.ph