Head Topics

Lapu-Lapu ranks 3rd in GDP per capita

  • 📰 sunstaronline
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 59%

Philippines Headlines News

Philippines Latest News,Philippines Headlines

SunStar Publishing Inc.

THE City of Lapu-Lapu has emerged as one of the highest and fastest-growing in terms of gross domestic product per capita among provinces and highly urbanized cities outside the National Capital Region , according to the latest report from the Philippine Statistics Authority.GDP per capita is a measure of the average economic output per person in a given area, such as a country, city or region.

Meanwhile, almost all provinces and HUCs in the Philippines experienced growth in their GDP per capita in 2022 compared to 2021.Among the three HUCs in Cebu Province, only Lapu-Lapu City made it to the top 10 list, ranking seventh, with an 11 percent growth.Aklan recorded the fastest per capita GDP growth of 21.5 percent, followed by Puerto Princesa City with 12.8 percent growth; Tacloban City, 12.1 percent; Nueva Vizcaya, 12 percent; Sorsogon, 11.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 18. in PH

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

37 Individuals Seek Help from Lapu-Lapu City Mayor After Being Duped in Land PurchaseThirty-seven individuals have sought the help of Lapu-Lapu City Mayor Junard “Ahong” Chan after allegedly losing millions to a woman who deceived them into buying land owned by others. The suspect, Glenda, advertised the properties on Facebook Marketplace, offering staggered payments at attractive prices. Victims claim to have lost a total of P4.8 million to Glenda.
Source: sunstaronline - 🏆 18. / 59 Read more »

Ship-breaking operation of stranded vessel ‘continues’ despite cease and desist orderSunStar Publishing Inc.
Source: sunstaronline - 🏆 18. / 59 Read more »

Rama declines to talk with Capitol over CBRTSunStar Publishing Inc.
Source: sunstaronline - 🏆 18. / 59 Read more »

P1M fine eyed for illegal quarrySunStar Publishing Inc.
Source: sunstaronline - 🏆 18. / 59 Read more »

Military bishop frowns on approval of semi-automatic firearms for civiliansSunStar Publishing Inc.
Source: sunstaronline - 🏆 18. / 59 Read more »

CCPO prepares for Holy Week, warns travelers not to leave homes unattendedSunStar Publishing Inc.
Source: sunstaronline - 🏆 18. / 59 Read more »