MIMAROPA Region’s exports of goods and services to rest of the world accelerates in 2023

Date of Release: 25 April 2024
Reference Number: 2024-13

MIMAROPA Region’s exports of goods and services to rest of the world accounted for the fastest growth among the expenditure items, with 37.4 percent. It was followed by
Government final consumption expenditure with 3.5 percent, which also recorded as the third fastest growth among the regions in the country…

Household spending or Household final consumption expenditure, which shared 85.8 percent to the regional economy, slowed down to 1.8 percent in 2023 from
8.2 percent growth in 2022. (Figure 1)