Western Visayas (WV) emerged as the fastest-growing regional economy in the Philippines for 2025, outpacing the national average and cementing its position as the country’s top economic performer.
Data released by the Philippine Statistics Authority (PSA) revealed that WV posted a robust 6.4 percent Gross Regional Domestic Product (GRDP) growth rate, significantly higher than the national overall growth rate of 4.4 percent.
With Iloilo City serving as its primary economic hub, WV outpaced all 17 other regions despite a slower overall expansion in the domestic economy.
The PSA-6 attributed the top ranking to sustained momentum in the services sector, which accounts for the largest share of Western Visayas’ economy, alongside a strong rebound in agriculture, forestry, and fishing.
Increased commercial activity, local tourism, and infrastructure developments across Panay and Guimaras further accelerated economic activity throughout the year.
While the national economy experienced a slower pace overall at 4.4 percent, WV’s performance highlights the growing resilience and expanding economic opportunities outside the National Capital Region.
Regional officials and business leaders welcomed the PSA report, noting that sustaining this growth momentum will require continued focus on job generation, investment promotion, and rural development programs across the province.IMT
