The economy of the Bicol Region expanded to 5.7 percent in 2016, slower than the 8.9 percent growth recorded in 2015. Industry and Services spurs the region’s economy albeit recording decelerated growths.
Lying east of Bicol mainland, Catanduanes is an island paradise in the pacific, covering a total land area of 1,511.5 sq km. Your visit to this island is more than just wxploring its unspoiled beaches or enjoying surfing at Puraran Beach located on the northside. Catanduanes offers much more. It is rich in history, belnding quality with the peaceful jutting mountains all over the island. Adventurers hike the twisting trails of Gigmoto and San Andres and enjoy the cool refreshing waterfalls.
The religious visit to the ancient church of Bato and hike to the stone chapel a kilometer away where the first mass was believed to have been celebrated byt the Spanish conquerors. Island life is not quite as it seems. The capital town of Virac is irresistible for an oceanfront entertainment and arousing videoke bars. A hotel offers a breathtaking view of the entire island as its penthouse restaurant. Resorts abound to accomodate leisure-sseking travelers, with a chain of picnic sheds and cottages over a well-manicured, surrounded with lush greeneries.
Provincial Statistical Figures
|Price Indices||Jan 2016|
|Consumer Price Index (2006=100)||146.80|
|Purchasing power of the peso||0.68|
|Domestic Trade||2nd Qtr 2015|
*(Quantity in thousand tons; value in P1,000)
Catanduanes Statistical News
In order to promote awareness on the Civil Registration Month Celebration, RSSO V solicited support and participation from partner agencies through display of streamers in the conspicuous area of their respective offices. Most of the agencies answered the request and... Read more about Government Agencies Supports Civil Registration Month
The total family income in Bicol Region for the year 2003 reached P90.3 billion at constant 2000 prices. This figure accounted for a 4.3 percent share to the country's total family income generated in 2003. Within the 3-year span, the region's total family income... Read more about Bicol Region's Family Income Reaches 90.3B
Bicol Region’s economy expanded by 9.4 percent in 2013, the fastest growth among regions of the country. All sectors performed well with Services turning in the strongest performance.
Services remained the biggest contributor to Bicol’s economy accounting for... Read more about Bicol Region Records Fastest Economic Growth in 2013
The National Statistical Coordination Board, Regional Statistical Coordination Unit V is an awardee of the Bangko Sentral ng Pilipinas (BSP) in recognition as source of information for regional economic developments under the category “Outstanding Information Support... Read more about Poverty Incidence in the Bicol Region Hardly Improved in 2009