LINGAYEN, Pangasinan – Pangasinan ranked third in the country in terms of Gross Value Added (GVA) of Agriculture, Forestry, and Fishing (AFF), according to the Philippine Statistics Authority’s 2024 Economic Performance report released recently, contributing 3.9% to the national AFF GVA, with a value of PhP66.93 billion.
As stated in the PSA report on the 2024 Economic Performance of the Provinces and Highly Urbanized Cities in the Philippines, the top 10 provinces, including Pangasinan, accounted for 36.3%, which reached PhP1.78 trillion in 2024, a 1.5% decline from 2023. The province of Bukidnon remained the largest contributor with a 7.3% share, followed by Nueva Ecija with 4.6%.
National AFF GVA represents the contribution of the agriculture, forestry, and fishing sector to the country’s economic output. The GVA is expressed as a percentage of the country’s Gross Domestic Product (GDP).
Pangasinan’s strong performance in agriculture is attributed to its robust linkage and coordination from local to national government, as well as effective implementation of agricultural programs and projects such as the Corporate Farming Program, a legacy initiative of Governor Ramon V. Guico III, to enhance food production and transform farming into a profitable economic enterprise.
The other provinces occupying the 4th to 10th places were: Pampanga, 4.6%; Isabela, 3.3%; Batangas, 2.9%; Davao del Norte 2.9%; Negros Occidental, 2.8%; Tarlac, 2.5%; and Quezon, 2.4%.
(Ruby F. Rayat | PIMRO)
