NSCB Fact Sheet

The economy of the Cordillera Administrative Region (CAR), as measured by the Gross Regional Domestic Product (GRDP), decelerated to 2.1 percent in 2011 from 6.3 percent the previous year. The slowing down of the economy was due to the decelerated growth of the Industry sector.

The Industry sector accounted for the bulk of the region's economy with a share of 53.0 percent in 2011, slightly lower than its 53.1 percent share in 2010. The Service sector's share was 36.4 percent, an increase from its year-ago share of 36.2 percent. Meanwhile, AHFF accounted for the lowest share at 10.6 percent – lower than its 10.8 percent share the previous year.

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