The 2021 Annual Survey of Philippine Business and Industry (ASPBI) results showed that there were a total of 14,869 establishments in the formal sector of the economy in Davao Region. This number is higher by 27.1 percent than the 11,695…
In October 2023, Davao Region's total population 15 years old and over was estimated at 3.78 million. Labor Force Participation Rate (LFPR) during this period was at 63.9 percent, accounting for 2.42 million Davaoeños (see Table 1).
Fifty-nine percent of the population 15 years old and over were in the labor force
In July 2023, Davao Region's total population 15 years old and over was estimated at 3.79 million. Labor Force Participation Rate (LFPR) during this period was at 59…
The year-on-year headline inflation of Davao Region continued its decline to 3.9 percent in August 2023, from 4.3 percent in July 2023. The average inflation rate…