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Release Date :
Reference Number :
2024-068

The economy of Guimaras grew by 7.9 percent in 2023 from its 2022 level, equivalent to an increase of PhP 1.28 billion to the province’s total Gross Domestic Product (GDP), from PhP 16.14 billion in 2022 to PhP 17.42 billion in 2023. The economy of the province was driven by the Services, which contributed 55.2 percent share to the total provincial GDP. (Figure 1)

 

Among all provinces and Highly Urbanized Cities (HUCs) in Western Visayas, Guimaras posted the fastest growth in Services with 12.4 percent growth. (Figure 2)

Further, among the 16 industries, the fastest growth was observed in Accommodation and food service activities with 26.6 percent. This was followed by Other services with 25.4 percent, and Professional and business services with 15.8 percent. On the other hand, Mining and quarrying and Agriculture, forestry, and fishing posted declines of  0.4 percent and 0.7 percent, respectively. 

Full data series, charts, and data visuals of the results of the Provincial Product Accounts (PPA) of the Guimaras can be accessed at the PPA landing page of the Philippine Statistics Authority (PSA) (psa.gov.ph/statistics/ppa) and the PSA Regional website (rsso06.psa.gov.ph/statistics/ppa).

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Food prices remain stable in Guimaras as inflation holds at -2.1% in May 2025

22 June 2025 – Guimaras. The food inflation rate in Guimaras stood at -2.1 percent in May 2025, unchanged from the previous month, based on the latest data from the Philippine Statistics…

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10 June 2025– Guimaras. Inflation for low income households in Guimaras climbed to 0.4% in May 2025, reversing the downward trend observed over the past months as inflation for the province’s bottom…

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10 June 2025– Guimaras. Guimaras' inflation rate rose to 0.8 percent in May 2025, up from 0.5 percent in April and 0.2 percent in March, marking a continued upward trend at the start of the…