---

DAVAO DEL SUR

1.    Headline Inflation

In December 2024, the headline inflation of Davao del Sur decreased at 3.4 percent, which is 0.7 percentage points lower than November 2024 inflation at 4.1 percent. Compared to December 2023, the current inflation rate is lower by 0.8 percentage points.

 

---

 

 

---

 

---

The economy of Davao City grew by 7.5 percent in 2023. This was an increase in the Gross Domestic Product (GDP) from PhP 495.40 billion in 2022 to PhP 532.54 billion in 2023.

Among the 16 industries, the fastest growth was observed in Other services with 21.7 percent. This was followed by Accommodation and food service activities with 21.3 percent, and Transportation and storage with 13.1 percent. (Figure 1)
 

---

The economy of Davao del Sur grew by 6.5 percent in 2023. This was an increase in the province’s total Gross Domestic Product (GDP) from PhP103.71 billion to PhP110.46 billion.

Among the 16 industries, the fastest growths were Other services with 21.1 percent, Transportation and storage with 20.9 percent, and Financial and insurance activities, which expanded by 13.6 percent. (Figure 1)
 

Davao City – The Philippine Statistics Authority (PSA) Davao del Sur is now accepting registrations for children aged 0 to 11 months old to the National Identification (ID) System.