The economic performance of BARMM in 2019 expanded but at a slower rate of 5.9 percent as compared with the 7.7 percent increment in the previous year. The main growth drivers were: Public administration and defense at 16.1 percent; Manufacturing at 15.7 percent; Other services at 14.8... read more
The economy of ARMM grew by 7.2 percent in 2018. This was slower as compared with the 7.5 percent growth recorded in the previous year.
The economy of ARMM accelerated to 7.3 percent in 2017 from the 0.4 percent growth in 2016. The improved performance of the region’s economy was mainly due to the recovery of the Agriculture, Hunting, Forestry and Fishing.