The economy of Surigao del Norte grew by 7.2 percent in 2023 from its 2022 level, equivalent to an increase of around PhP 5.64 billion to the province’s total Gross Domestic Product, from PhP 78.42 billion in 2022 to PhP 84.05 billion in 2023 (Figure 1).

Among the 16  industries,  the  fastest  growths  were  observed  in  Other services with 34.1 percent, followed by Transportation and storage with 23.3 percent, and Mining and quarrying with 18.9 percent. On the other hand, Manufacturing experienced contraction with 4.6 percent.

Surigao del Norte registered the fastest growth rate among all provinces during the period, followed by City of Butuan. Both posted GDP growths higher than the regional GDP growth rate of 4.9 percent. (Figure 2)

Full data series, charts, and data visuals of the results of the Provincial Product Accounts (PPA) of the Surigao del Norte can be accessed at the PPA landing page of the Philippine Statistics Authority (PSA) (psa.gov.ph/statistics/ppa), and the PSA Regional website (rsso00.psa.gov.ph/statistics/ppa).

(Sgd.)GLENNBOY C. LISTON
Chief Statistical Specialist