Press Release

Bicol Region's Economy Grows by 5.1 Percent in 2017

The economy of the Bicol region posted a 5.1 percent growth in 2017, albeit slightly slower than
the 5.5 percent growth recorded in 2016 ..
Services and Agriculture, Hunting, Forestry and Fishing contributed mainly to the growth of the
region in 2017.
Services remained to account the largest share to the region's economy at 57.6 percent
followed by Industry at 22. 7 percent and Agriculture, Hunting, Forestry and Fishing at 19.6
percent.
Agriculture, Hunting, Forestry and Fishing rebounded to 2.6 percent growth in 2017 from a 0.1

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