SunStar Publishing Inc.
WITH the creation of Negros Island Region , the Central Visayas is set to lose an estimated 14 percent of its annual economy as the provinces of Negros Oriental and Siquijor split from the region, an official of the Philippine Statistics Authority 7 said on Thursday, June 13, 2024.PSA 7 Supervising Statistics Specialist Felixberto Sato Jr. said that Negros Oriental and Siquijor contributed P179 billion to the regional Gross Regional Domestic Product in 2022.
According to the PSA 7, Negros Oriental contributed 12.9 percent, while Siquijor added 0.9 percent to Central Visayas’ economy in 2022, which Sato said was equivalent to P179 billion.The province of Cebu shared 30.1 percent; Cebu City, 22.4 percent; Bohol Province, 13.3 percent; Lapu-Lapu City, 11.8 percent; and Mandaue City, 8.5 percent.“We still have here the manufacturing industry,” Sato said.The services industry dominated Negros Oriental’s economy at 71.
Annual Economy Negros Oriental
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