Misamis Occidental surpasses national average in economic growth under Governor Oaminal's leadership

 

Misamis Occidental ranked fifth out of 82 provinces in the country for per capita gross domestic product (GDP), achieving notable growth under the leadership of Governor Henry S. Oaminal. In 2023, the province's per capita GDP reached ₱199,106, surpassing the national average of ₱186,476. 

This achievement underscores the significant economic progress made under Governor Oaminal's leadership, positioning Misamis Occidental as a top-performing province.

According to the latest data from the Philippine Statistics Authority (PSA), Misamis Occidental was one of only six provinces to exceed the national average in per capita GDP. 

This growth is a direct result of policies focused on sustainable development, attracting investment, and promoting innovation.

Per capita GDP measures the average economic output per person by dividing a region's total GDP by its population. In 2023, Misamis Occidental's per capita GDP ranked among the highest in the country, with only Bataan, Laguna, Batanes, Pampanga, and Batangas surpassing the national average. Bataan led with ₱314,641, while Misamis Occidental ranked at ₱199,106.

Governor Oaminal's leadership has been key to transforming the province into an economic hub. His efforts in attracting investments, creating job opportunities, and prioritizing infrastructure and business development have played a crucial role in the province's rapid economic growth.

This achievement not only benefits the people of Misamis Occidental but also strengthens the province's position in the national economy. With Governor Oaminal's continued vision, the province is on track to maintain its growth and further contribute to the country's economic progress.

Misamis Occidental achieves remarkable economic growth under Governor Oaminal's leadership.