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)
 

In Davao Region, Davao del Sur was the third largest economy with a share of 10.8 percent in 2023. The City of Davao registered the largest share with 52.3 percent. (Figure 2)

Full data series, charts, and data visuals of the results of the Provincial Product Accounts (PPA) of the Davao del Sur can be accessed at the PPA landing page of the Philippine Statistics Authority (PSA) (psa.gov.ph/statistics/ppa), and the PSA Regional website (rsso11.psa.gov.ph/statistics/ppa).

Approved for Release:

JESSIE A. MADULIUN
(Chief Statistical Specialist)
Officer-In-Charge
Davao del Sur Provincial Statistical Office