The economy of Davao Region grew by 5.9 percent in 2021, as measured by the Gross Regional Domestic Product (GRDP) and Gross Regional Domestic Expenditure (GRDE). It was valued at 882.0 billion pesos in 2021 from about 833.2 billion pesos in 2020, an estimated increase of 48.8 billion pesos comparing the two periods. However, the level is still short of 18.5 billion pesos compared level recorded in 2019. All the 16 major sub-industries of GRDP posted positive growths in 2021. Agriculture, forestry, and fishing grew by 0.8 percent. Read more about Davao Region’s economy posts 5.9 percent growth in 2021.