Surigao del Sur's economy grew by 4.1 percent in 2023 from its 2022 level, equivalent to an increase of around PhP 2.61 billion to the province's total Gross Domestic Product (GDP), from PhP 63.18  billion in  2022  to  PhP  65.79  billion in  2023.  The increase was mainly driven by  Mining and quarrying which expanded by 19.3 percent.

Among the 16 industries, the fastest growths were observed in Other services with 21.6  percent,  followed by  Mining and quarrying with  19.3  percent,  and   Human health and social work activities with  12.3  percent.  Meanwhile, Agriculture,  forestry,  and fishing,  and  Manufacturing contracted with a decline of 5.2 percent and 0.7 percent, respectively. (Figure 1)

In Caraga, Surigao del Sur was the third largest economy contributing 19.4 percent of the Gross Regional Domestic Product estimated at PhP 339.65 billion in 2023. Surigao del Norte was the largest with 24.7 percent. (Figure 2)

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

(Sgd.) RUEL L. DRES
Chief Statistical Specialist