Saturday, November 14, 2026

Local

Bukidnon economy hits P274B, supports national growth goals

0

Central Mindanao Newswatch - local newspaper

Share this post?

MALAYBALAY CITY, Bukidnon (October 30, 2026) — Reflecting steady gains in agricultural
development and key local industries aligned with national growth goals, Bukidnon’s economy
expanded by 2.7 percent to hit P274.85 billion in Gross Domestic Product (GDP) in 2025, the
Philippine Statistics Authority (PSA)-Bukidnon reported

Chief Statistical Specialist Maria Evangeline N. Non presented the figures during the Provincial
Product Accounts (PPA) Dissemination Forum on October 13 in Casisang, Malaybalay City.
“Business activity stayed strong, though slowdowns in building and mining held back faster
growth,” Non said.
She said local government units, national government agencies, business groups and academic
institutions participated in the forum to review the province’s economic performance from 2023

to 2025 and use local economic data to guide development plans, budget priorities and
investment decisions.
PSA reports showed that Bukidnon’s GDP per capita reached P169,124 in 2025, while its
economy expanded by 2.7 percent from 2024. GDP per capita measures economic output relative
to population and indicates the province’s economic performance, though it does not represent
each resident’s actual income.
The services sector contributed 3.3 percentage points to Bukidnon’s overall economic growth,
making it the main driver of expansion.
Public Administration and Defense led sector growth at 17.8 percent, followed by health and
social work at 14.3 percent, finance and insurance at 11.4 percent, and education at 10.6 percent.
Wholesale and retail trade, including the repair of motor vehicles and motorcycles, also
supported economic growth.
Real estate, dwelling ownership, and information and communication activities also posted
gains, helping sustain the services sector’s contribution to the provincial economy.
Agriculture, forestry and fishing remained Bukidnon’s largest economic sector, accounting for
47.7 percent of total economic output and contributing 0.7 percentage points to overall growth.
Its dominant share underscores the province’s continued reliance on agricultural production,
making the sector’s performance important to local livelihoods and economic stability.
Services accounted for 35.7 percent of Bukidnon’s economy, while industry contributed 16.6
percent. Together, the figures show that agriculture and services accounted for 83.4 percent of
total economic output, underscoring their importance to the province’s overall economic
performance.
“Despite gains in agriculture and services, the industry sector contracted by 7.6 percent, reducing
overall GDP growth by 1.4 percentage points. Construction declined by 18.6 percent, while
Mining and Quarrying fell by 9.3 percent, offsetting part of the expansion recorded in other
sectors,” Non said.
She explained that with agriculture accounting for nearly half of its economic output and services
leading growth, Bukidnon is well-positioned to build on these strengths, expand economic
opportunities and sustain growth by supporting its key sectors and encouraging recovery in
construction and mining.
Non said the Provincial Product Accounts provide local governments with data to assess
economic performance, identify growing and declining sectors, and set development priorities.
“These figures can help planners direct resources toward productive industries, address economic
weaknesses, and formulate policies based on measurable local conditions,” Non said. (Gryzl
Francess L. Adviento/PIA-10/Bukidnon)

Related Post

MANILA, Philippines (November 04, 2026) — Aboitiz Power Corp. is set to boost its renewableenergy business through a proposed tie-up with A Brown Co. Inc. for the development of a 191-megawatt alternating current integrated solar and battery energy facility in Bukidnon. On Tuesday, the company said its subsidiary Aboitiz Renewables Inc. (ARI) had signed a...
CAGAYAN DE ORO CITY — Poverty incidence in Northern Mindanao declined in 2025, withabout 241,890 individuals lifted from poverty, according to the Philippine Statistics Authority-10(PSA-10). Janith C. Aves, PSA-10 regional director, said poverty incidence among the local population fellto 20.3% in 2025 from 25.3% in 2023. The number of people considered poor also decreasedfrom 1.31...
MALAYBALAY CITY, Bukidnon — The Department of Agriculture in Northern Mindanao iseyeing a ₱5-million allocation next year to strengthen the region’s beekeeping industry, as itpushes for improved technologies, pollinator conservation and sustainable agricultural practices. DA-10 Regional Executive Director Jose Apollo Y. Pacamalan announced the proposed supportduring the 30th BEENET Conference and Technofora held on October...