Western Visayas economy posts 6.4-percent growth in 2019

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ILOILO CITY—The economy of Western Visayas posted a growth of 6.4 percent in 2019.

Agriculture remains to be one of the top industries that drives the economy of Western Visayas region.

PSA-6 Acting Regional Director Marlene Aviar said there was a 1.6-percent increase of GRDP for fiscal year 2019. The GRDP for fiscal year 2018 was only pegged at 4.8 percent. In terms of monetary value, the GRDP of Western Visayas for fiscal year 2019 was P915.3 billion. In comparison, it was only P860.1 billion for fiscal year 2018.

 

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