Government budget and revenue in Bicol Region (Region V), Philippines: official figures
Local governments in the Bicol Region had a combined current operating income of ₱50.2 billion in 2024 (final Statement of Receipts and Expenditures), 4.5% of the ₱1.13 trillion for all local governments; it ranks 8th largest of 17 regions by income.
How much do local governments in the Bicol Region get per person?
Local government income in the Bicol Region comes to about ₱8,278 per resident (income divided by the 2024 census population), against ₱9,997 for the whole country; it ranks 3rd lowest of 15 regions.
Source: Bureau of Local Government Finance, Department of Finance · saved copyHow much of local government income in the Bicol Region is raised locally?
Local governments in the Bicol Region raised ₱8.9 billion from their own sources in 2024, 17.7% of their income (national: 32.5%); it ranks 8th highest of 17 regions for self-raised income. The tax and fee income includes real property tax, business taxes, permits and charges.
Source: Bureau of Local Government Finance, Department of Finance · saved copyHow much national tax allotment does the Bicol Region receive?
The National Tax Allotment, the share of national taxes sent to local governments, gave the Bicol Region ₱40.7 billion in 2024, 81.1% of local income (national: 61.7%); it ranks 6th highest of 17 regions for reliance on the allotment.
Source: Bureau of Local Government Finance, Department of Finance · saved copyHow much local tax is collected in the Bicol Region?
Local governments in the Bicol Region collected ₱4.1 billion in local taxes in 2024: ₱1.6 billion from real property tax and ₱2.3 billion from taxes on business (about ₱678 of local taxes per resident; national: ₱2,313).
Source: Bureau of Local Government Finance, Department of Finance · saved copyHow much do local governments in the Bicol Region spend?
Local governments in the Bicol Region spent ₱36.1 billion on running costs in 2024 (current operating expenditure), against ₱50.2 billion of income, leaving ₱14.1 billion before capital spending and loans.
Source: Bureau of Local Government Finance, Department of Finance · saved copyHow much do local governments in the Bicol Region spend on health?
Health, nutrition and population control took ₱6.0 billion of local government operating spending in the Bicol Region in 2024, 16.5% of the total (national: 14.4%) and about ₱982 per resident; it ranks 4th highest of 17 regions by share.
Source: Bureau of Local Government Finance, Department of Finance · saved copyHow much do local governments in the Bicol Region spend on education?
Education, culture, sports and manpower development took ₱1.1 billion in the Bicol Region in 2024, 3.1% of local operating spending (national: 5.7%); it ranks 8th lowest of 17 regions by share.
Source: Bureau of Local Government Finance, Department of Finance · saved copyWhat do local governments in the Bicol Region spend money on?
Social services and social welfare cost ₱3.3 billion (9.1% of operating spending) and economic services ₱5.9 billion (16.3%) for local governments in the Bicol Region in 2024.
Source: Bureau of Local Government Finance, Department of Finance · saved copyHow much do local governments in the Bicol Region spend on administration?
General public services were ₱18.8 billion or 52.0% of local operating spending in the Bicol Region in 2024; nationally the share was 51.4%.
Source: Bureau of Local Government Finance, Department of Finance · saved copyHow much do local governments in the Bicol Region spend on projects?
Local governments in the Bicol Region spent ₱7.7 billion on capital outlay (buying or building property, plant and equipment) in 2024, about ₱1,270 per resident (national: ₱1,353); it ranks 7th lowest of 15 regions.
Source: Bureau of Local Government Finance, Department of Finance · saved copyHow much money have local governments in the Bicol Region saved?
At the end of 2024 local governments in the Bicol Region held ₱29.3 billion in fund balances, equal to 58.4% of a year of their income.
Source: Bureau of Local Government Finance, Department of Finance · saved copyHow Bicol Region (Region V) compares with other regions
Income of local governments in the region (2024)
Bicol Region (Region V) ranks 8 of 17, highest first.
| Rank | Region | Income of local governments in the region |
|---|---|---|
| 5 | Central Visayas (Region VII) | ₱76.0 billion |
| 6 | Western Visayas (Region VI) | ₱75.5 billion |
| 7 | Northern Mindanao (Region X) | ₱52.7 billion |
| 8 | Bicol Region (Region V) | ₱50.2 billion |
| 9 | Davao Region (Region XI) | ₱49.9 billion |
| 10 | Cagayan Valley (Region II) | ₱48.3 billion |
| 11 | Eastern Visayas (Region VIII) | ₱48.2 billion |
Local government income per resident (2024)
Bicol Region (Region V) ranks 13 of 15, highest first. Income divided by the 2024 census population. Western Visayas and Central Visayas are left out because BLGF does not show the Negros Island Region separately.
| Rank | Region | Local government income per resident |
|---|---|---|
| 9 | Davao Region (Region XI) | ₱9,255 |
| 10 | CALABARZON (Region IV-A) | ₱8,584 |
| 11 | SOCCSKSARGEN (Region XII) | ₱8,530 |
| 12 | Zamboanga Peninsula (Region IX) | ₱8,308 |
| 13 | Bicol Region (Region V) | ₱8,278 |
| 14 | Central Luzon (Region III) | ₱8,272 |
| 15 | Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) | ₱6,774 |
Share of local government income raised locally (2024)
Bicol Region (Region V) ranks 8 of 17, highest first.
| Rank | Region | Share of local government income raised locally |
|---|---|---|
| 5 | Davao Region (Region XI) | 28.8% |
| 6 | Northern Mindanao (Region X) | 24.6% |
| 7 | Western Visayas (Region VI) | 22.7% |
| 8 | Bicol Region (Region V) | 17.7% |
| 9 | SOCCSKSARGEN (Region XII) | 17.1% |
| 10 | Caraga (Region XIII) | 16.2% |
| 11 | Eastern Visayas (Region VIII) | 15.5% |
Share of local government income from the National Tax Allotment (2024)
Bicol Region (Region V) ranks 6 of 17, highest first.
| Rank | Region | Share of local government income from the National Tax Allotment |
|---|---|---|
| 3 | MIMAROPA Region (Region IV-B) | 84.2% |
| 4 | Eastern Visayas (Region VIII) | 83.8% |
| 5 | SOCCSKSARGEN (Region XII) | 82.1% |
| 6 | Bicol Region (Region V) | 81.1% |
| 7 | Caraga (Region XIII) | 80.1% |
| 8 | Cagayan Valley (Region II) | 76.0% |
| 9 | Cordillera Administrative Region (CAR) | 75.7% |
Share of local operating spending on health, nutrition and population control (2024)
Bicol Region (Region V) ranks 4 of 17, highest first.
| Rank | Region | Share of local operating spending on health, nutrition and population control |
|---|---|---|
| 1 | Eastern Visayas (Region VIII) | 18.7% |
| 2 | National Capital Region (NCR) | 18.2% |
| 3 | Cordillera Administrative Region (CAR) | 18.0% |
| 4 | Bicol Region (Region V) | 16.5% |
| 5 | MIMAROPA Region (Region IV-B) | 15.6% |
| 6 | Central Luzon (Region III) | 15.1% |
| 7 | SOCCSKSARGEN (Region XII) | 15.0% |
Local capital spending per resident (2024)
Bicol Region (Region V) ranks 9 of 15, highest first. Spending divided by the 2024 census population. Western Visayas and Central Visayas are left out because BLGF does not show the Negros Island Region separately.
| Rank | Region | Local capital spending per resident |
|---|---|---|
| 6 | Eastern Visayas (Region VIII) | ₱1,658 |
| 7 | Northern Mindanao (Region X) | ₱1,464 |
| 8 | MIMAROPA Region (Region IV-B) | ₱1,300 |
| 9 | Bicol Region (Region V) | ₱1,270 |
| 10 | CALABARZON (Region IV-A) | ₱1,232 |
| 11 | SOCCSKSARGEN (Region XII) | ₱1,109 |
| 12 | Central Luzon (Region III) | ₱1,073 |
More on Bicol Region (Region V): overview · economy and jobs · health · education and schools · poverty and living standards · the Philippines
Sources
- Bureau of Local Government Finance, Department of Finance: Statement of Receipts and Expenditures (SRE) by Region, FY 2024 (Final), from the Local Finance Time Series Data, read 23 October 2026 · saved copy (SHA-256 09b48864ffcb…)
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