By Mortz C.
Ortigoza
The Gross
Domestic Product (GDP) of each of the many regions in the Philippines has been eclipsed by the
money spent through vote buying by a mayoral bet in Region 1.
GDP is total
value of goods produced and services provided in a country during one year.
Since we
are talking about a region here and not a nation or state, we call the
financial gauge as Gross Regional Domestic Product (GRDP).
If this
mayoral bet spent more or less half-a-billion pesos or P4,000 by buying each of
the almost a hundred thousand of voters to win a seat that gives only P188,
187 a month (Salary Grade 30) or P7,339, 293 in the three years’ term –
including the three years of 13th month pay -, many regions in the country could hardly
chalk up a half-a-billion pesos GDP in a year.
As I rummaged
the data on the GDP of each of the 17 regions through the figures of the Philippines Statistics Authority (Regional
Accounts of the Philippines Unit in Thousands of Philippines Pesos as of April
2022), the three selected regions in the country with less than half-a-billion pesos GRDP each or lower with the wherewithal of that billionaire mayoral bet. They are the following:
Region 2
(Cagayan Valley) P399, 981, 012
Region 8
(Eastern Visayas) 450, 089,
271
Bangsamoro
Autonomous Region
in Muslim Mindanao (BARMM) 284, 656, 980
Curious how
the state of the four provinces’ Region-1 fare with the other 16 Regions in the
country, I searched the gross domestic products (GDP) of Regions 3 (Central
Luzon), 4-A (Calabarzon), 6 (Central Visayas), 11 (Davao Region), and the
National Capital Region.
After
seeing the hundreds of millions if not billions of pesos the people in these regions
earn through quarrying, mining, construction, agriculture, forestry, fishing
transportation, manufacturing, storages, and others, I checked too how these
regions earn on the special economic zones they hosted.
Among the
17 Regions in the country, the top five in GDP in 2021 were the following:
== = = = =
= = = = = = = = = = = = = = = = = = = = = = = = = = = = = =
RANK GDP 2021
1)
National
Capital Region: P6,157, 784,762
2)
CALABARZON
(Region-4-A): P2,785, 911,990
3) Central Luzon (Region-3): P2,061, 962,928
4) Central Visayas (Region- 6): P1,237,
626,585
5) Davao Region (Region-11): P
967, 227, 645
6) Ilocos Region (Region-1) P 643, 928, 511
= = = = = =
= = = = = = = = = = = = = = = = = = = = = = = = = = = = = The
National Capital Region topped the GDP race because it is the region where the
central business activities of the country are based. It hosted a burgeoning 14,406,059 population (2022 Worldpopulationreview.com) out of the total
demography of the country of 113.80 Million for this year.
Economic Zones
The Philippine Economic Zone Authority (PEZA) reported in
their January to December 2021 data of performance with US$ 63.061
billion (P3.50 trillion) of export income and a total of 1,782,913
million workers in its registered-ecozones.
Products the Philippines exported in this year were electrical, machinery, computers, copper, optical, fruits, nuts, and
others.
Here is the
breakdown how the five regions above generated billions of pesos from January
to October 2021 on the special economic zones they hosted:
==================================================
REGION EXPORT EARNINGS (In billions of pesos)
1) Region 4-A P 22. 401 Billion
2) NCR 21.251
3) Region 1 5. 566
4) Region 3 3. 672
5) Region 6 3. 651
6) Region 11 2.094
Geez, when
I saw the lethargic number of vehicles plying to and from the
Tarlac-Pangasinan-La Union Expressway (TPLEX) and saw minuscule number of
billboards like the Thunderbird Resorts and Casinos in Poro
Point, La Union and the surfing capital
of the Northern Philippines in San Juan, La Union compared to the giant signage that dotted the
stretches along the North Luzon Expressway (NLEX) and burgeoning number of cars
racing vice versa, I thought there are more monies that circulate in the
Central Luzon Region compared to my Ilocos Region or the four provinces’
Region-1.
But it's Res Ipsa Loquitur (the thing speak for itself) on the P5.566 billion of Region-1 that dominated in January to October 2021
the P3.672 billion of Region 3.
(Send comments to totomortz@yahoo.com)