TABUK CITY, Kalinga (PIA) — The Gross Domestic Product (GDP) of the province of Kalinga posted a six percent growth rate in 2023, reaching P28.76 billion from P27.13 billion in 2022.
The province’s GDP per capita, which refers to the contribution of each individual to the economic output, grew by 5.3 percent to P128,394 from P121,780 in 2022.
Kalinga’s economic performance in 2023 was slower compared to 2022 which posted a 9.3 percent growth rate, but still higher than the national average of 5.6 percent.
This is based on the results of the Provincial Product Accounts presented by the Philippine Statistics Authority (PSA)-Kalinga during a dissemination forum on Nov. 14, 2024.
Among the major industries, the services sector remains the biggest contributor to the province’s GDP with a share of 36 percent, followed by industry with 18.7 percent, and agriculture, forestry, and fishing with 13.2 percent.
All of the province’s 16 industries grew with the exception of agriculture, forestry, and fishery (-0.2 percent); mining (-2.5 percent); public administration and defense, and compulsory social activities (-4.4 percent).
The transportation and storage sector boomed in 2023, posting a remarkable growth rate of 76.3 percent, the highest by far among all the industries.
The sector’s growth was attributed to the province’s expanding and improving road network, the growing number of businesses, and increase in shipping activities driven by online shopping.
“Due to our improving road network, nag-increase ‘yung demand for transportation. Also dagituy establishments, businesses, malls, big wholesale companies, food chains, siyempre ag-deliver dagita ti goods and services,” Provincial Planning and Development Coordinator Flordeliza Moldero said. **JDP/IOS-PIA CAR, Kalinga
