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Economy, jobs and prices in Central Visayas (Region VII), Philippines: official figures

The economy of Central Visayas produced ₱1.58 trillion of goods and services in 2025 (gross regional domestic product, GRDP, at current prices), 5.6% of the Philippine total of ₱28.01 trillion; by size it ranks 4th largest of 17 regions. Since 2024 the Negros Island Region is counted as a region of its own, so this figure leaves out Negros.

Gross regional domestic product (current prices)
₱1.58 trillion
2025
Unemployment rate
3.6%
2023

How fast is the economy of Central Visayas growing?

GRDP at current prices in Central Visayas grew 5.7% from 2024 to 2025 (₱1.49 trillion to ₱1.58 trillion), against 5.9% for the Philippines; it ranks 7th fastest of 17 regions for growth. This is growth in pesos and is not adjusted for price rises.

Source: Philippine Statistics Authority · saved copy

How much has the economy of Central Visayas grown since 2018?

Between 2018 and 2025 GRDP at current prices in Central Visayas rose from ₱1.02 trillion to ₱1.58 trillion, an increase of 54.1%, against 53.4% nationally. The figures are not adjusted for price rises.

Source: Philippine Statistics Authority · saved copy

What are the main industries in Central Visayas?

Services (trade, transport, finance, government, education, health and similar) made up 70.4% of GRDP in Central Visayas in 2025 (₱1.11 trillion), against 64.4% for the Philippines; it ranks 2nd highest of 17 regions by share.

Source: Philippine Statistics Authority · saved copy

How much of the economy of Central Visayas is industry?

Industry (manufacturing, mining, construction and utilities) made up 24.1% of GRDP in Central Visayas in 2025 (₱379.6 billion), against 27.0% for the Philippines; it ranks 7th lowest of 17 regions by share.

Source: Philippine Statistics Authority · saved copy

How important is farming in the economy of Central Visayas?

Agriculture, forestry and fishing made up 5.6% of GRDP in Central Visayas in 2025 (₱87.8 billion), against 8.6% for the Philippines; it ranks 2nd lowest of 17 regions by share.

Source: Philippine Statistics Authority · saved copy

What is the GDP per person in Central Visayas?

Dividing 2025 GRDP by the 2024 census population gives about ₱237,565 of output per resident of Central Visayas, against ₱248,470 for the Philippines; it ranks 5th highest of 17 regions.

Source: Philippine Statistics Authority · saved copy

What is the unemployment rate in Central Visayas?

The unemployment rate in Central Visayas was 3.6% in 2023 (Labor Force Survey), against 4.4% for the Philippines; it ranks joint 9th highest of 17 regions for unemployment. This source predates the Negros Island Region, created in 2024, so it has no separate figure for Negros.

Source: Philippine Statistics Authority · saved copy

How has unemployment changed in Central Visayas?

Unemployment in Central Visayas was 5.2% in 2019, jumped to 10.3% in 2020 during the first year of the pandemic and was 3.6% in 2023; nationally the rate went 5.1%, 10.3% and 4.4%.

Source: Philippine Statistics Authority · saved copy

What is the labour force participation rate in Central Visayas?

66.2% of people aged 15 and over in Central Visayas were in the labour force (working or looking for work) in 2023, against 64.9% nationally; it ranks 5th highest of 17 regions.

Source: Philippine Statistics Authority · saved copy

What is the underemployment rate in Central Visayas?

The underemployment rate in Central Visayas was 6.0% in 2023, meaning that share of employed people wanted more hours of work or an additional job; the national rate was 12.3% and Central Visayas ranks the lowest of 17 regions.

Source: Philippine Statistics Authority · saved copy

How many working-age people are there in Central Visayas?

Central Visayas had 5,698,800 people aged 15 and over in 2023, the working-age population measured by the Labor Force Survey; in 2014 the figure was 4,977,800.

Source: Philippine Statistics Authority · saved copy

How many households in Central Visayas have electricity?

91.8% of households in Central Visayas had electricity in the 2022 National Demographic and Health Survey, against 94.8% nationally; it ranks 5th lowest of 17 regions. This source predates the Negros Island Region, created in 2024, so it has no separate figure for Negros.

Source: Philippine Statistics Authority and ICF (The DHS Program) · saved copy

What share of households in Central Visayas have clean water and toilets?

98.8% of households in Central Visayas used an improved source of drinking water in 2022 (national: 98.0%), and 95.9% had an improved toilet (national: 95.4%); 3.5% of households practised open defecation (national: 3.0%).

Source: Philippine Statistics Authority and ICF (The DHS Program) · saved copy

How many households in Central Visayas own a computer or refrigerator?

In 2022, 88.9% of households in Central Visayas owned a mobile phone, 64.5% a television, 46.0% a refrigerator and 24.0% a computer; nationally the shares were 92.0%, 73.9%, 52.3% and 30.0%. This source predates the Negros Island Region, created in 2024, so it has no separate figure for Negros.

Source: Philippine Statistics Authority and ICF (The DHS Program) · saved copy

How many women in Central Visayas use the internet?

79.7% of women aged 15 to 49 in Central Visayas had used the internet in the past 12 months (2022 survey; national: 82.2%), and 30.6% had a bank account (national: 32.0%).

Source: Philippine Statistics Authority and ICF (The DHS Program) · saved copy

How many women in Central Visayas are in paid work?

50.6% of women aged 15 to 49 in Central Visayas were currently employed in 2022 (national: 44.8%); of employed women, 24.8% worked in professional, technical or managerial jobs and 5.8% in agriculture.

Source: Philippine Statistics Authority and ICF (The DHS Program) · saved copy

How Central Visayas (Region VII) compares with other regions

GRDP at current prices (2025)

Central Visayas (Region VII) ranks 4 of 17, highest first. The Negros Island Region, created in 2024, is not listed; Western Visayas and Central Visayas exclude Negros in this table.

RankRegionGRDP at current prices
1National Capital Region (NCR)₱8.75 trillion
2CALABARZON (Region IV-A)₱4.00 trillion
3Central Luzon (Region III)₱3.04 trillion
4Central Visayas (Region VII)₱1.58 trillion
5Davao Region (Region XI)₱1.46 trillion
6Northern Mindanao (Region X)₱1.34 trillion
7Ilocos Region (Region I)₱925.0 billion
Source: Philippine Statistics Authority · saved copy

GRDP growth, 2024 to 2025 (at current prices, not adjusted for inflation) (2024-2025)

Central Visayas (Region VII) ranks 7 of 17, highest first. The Negros Island Region, created in 2024, is not listed; Western Visayas and Central Visayas exclude Negros in this table.

RankRegionGRDP growth, 2024 to 2025 (at current prices, not adjusted for inflation)
4National Capital Region (NCR)6.6%
5Davao Region (Region XI)6.2%
6Western Visayas (Region VI)6.0%
7Central Visayas (Region VII)5.7%
8MIMAROPA Region (Region IV-B)5.6%
9Ilocos Region (Region I)5.4%
10Northern Mindanao (Region X)5.4%
Source: Philippine Statistics Authority · saved copy

GRDP per resident (2025 GRDP over 2024 census population) (2025)

Central Visayas (Region VII) ranks 5 of 17, highest first. The Negros Island Region, created in 2024, is not listed; Western Visayas and Central Visayas exclude Negros in this table.

RankRegionGRDP per resident (2025 GRDP over 2024 census population)
2Davao Region (Region XI)₱271,136
3Cordillera Administrative Region (CAR)₱262,664
4Northern Mindanao (Region X)₱259,237
5Central Visayas (Region VII)₱237,565
6CALABARZON (Region IV-A)₱236,148
7Central Luzon (Region III)₱234,096
8Western Visayas (Region VI)₱173,964
Source: Philippine Statistics Authority · saved copy

Services share of GRDP (2025)

Central Visayas (Region VII) ranks 2 of 17, highest first. The Negros Island Region, created in 2024, is not listed; Western Visayas and Central Visayas exclude Negros in this table.

Source: Philippine Statistics Authority · saved copy

Unemployment rate (2023)

Central Visayas (Region VII) ranks 10 of 17, highest first. Western Visayas and Central Visayas still include Negros in this source.

Source: Philippine Statistics Authority · saved copy

Labour force participation rate (age 15 and over) (2023)

Central Visayas (Region VII) ranks 5 of 17, highest first. Western Visayas and Central Visayas still include Negros in this source.

RankRegionLabour force participation rate (age 15 and over)
2Caraga (Region XIII)73.2%
3SOCCSKSARGEN (Region XII)69.3%
4Northern Mindanao (Region X)68.9%
5Central Visayas (Region VII)66.2%
6Cordillera Administrative Region (CAR)65.6%
7Cagayan Valley (Region II)64.9%
8Ilocos Region (Region I)64.7%
Source: Philippine Statistics Authority · saved copy

Underemployment rate (2023)

Central Visayas (Region VII) ranks 17 of 17, highest first. Western Visayas and Central Visayas still include Negros in this source.

Source: Philippine Statistics Authority · saved copy

Households with electricity (2022)

Central Visayas (Region VII) ranks 13 of 17, highest first. Western Visayas and Central Visayas still include Negros in this source. Survey estimate with a margin of error.

RankRegionHouseholds with electricity
10Northern Mindanao (Region X)94.1%
11Davao Region (Region XI)92.7%
12Bicol Region (Region V)92.3%
13Central Visayas (Region VII)91.8%
14MIMAROPA Region (Region IV-B)90.5%
15Zamboanga Peninsula (Region IX)90.0%
16SOCCSKSARGEN (Region XII)89.1%
Source: Philippine Statistics Authority and ICF (The DHS Program) · saved copy

Households owning a computer (2022)

Central Visayas (Region VII) ranks 8 of 17, highest first. Western Visayas and Central Visayas still include Negros in this source. Survey estimate with a margin of error.

RankRegionHouseholds owning a computer
5Ilocos Region (Region I)31.0%
6Cagayan Valley (Region II)26.0%
7Eastern Visayas (Region VIII)26.0%
8Central Visayas (Region VII)24.0%
9MIMAROPA Region (Region IV-B)23.0%
10Davao Region (Region XI)23.0%
11Bicol Region (Region V)22.0%
Source: Philippine Statistics Authority and ICF (The DHS Program) · saved copy

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