Tacloban records 3.2% economic growth; GDP reaches ₱61.41B

TACLOBAN CITY, Leyte—Bringing its Gross Domestic Product (GDP) to an estimated ₱61.41 billion, the city’s economy grew by 3.2% in 2025, as reported by the Philippine Statistics Authority (PSA) Regional Statistical Services Office VIII Regional Director Wilma Perante, Thursday, October 15.

The latest data shows Tacloban City’s overall economic performance, providing insights into local economic activity, including business operations, employment, and revenue generation.

In the official report, the Regional Director noted that the 3.2% in 2025 brings its Gross Domestic Product (GDP) to an estimated PhP 61.41 billion.

The report also noted a “deceleration from the 8.1 percent growth posted in 2024,” highlighting performance shifts between 2024 and 2025 periods.

“Among industries, human health and social work activities recorded the fastest growth at 11.6 percent. This was followed by professional and business services and financial and insurance Activities, which grew by 8.9 percent and 6.8 percent, respectively. On the other hand, manufacturing declined by 4.8 percent,” a further detail of the report.

Data shows human health and social work activities as the fastest growth at 11.7%, conversely to manufacturing that declines by 4.8%.

Additionally, Tacloban City had an estimated ₱232,396 per capita GDP last 2025, marking a 2.2 percent increase from the previous year.

Article by Jessica Ercilla