CAGAYAN DE ORO CITY, Philippines — Cagayan de Oro City’s economy accelerated to a 7.4 percent expansion in 2025, driving its Gross Domestic Product (GDP) to ₱317.41 billion (at constant 2018 prices). The figures represent a notable pickup from the 6.8 percent economic growth recorded in 2024, according to official Provincial Product Accounts (PPA) data released by the Philippine Statistics Authority (PSA).
The city continues to dominate the regional economy, claiming the 1st largest share of Northern Mindanao’s total economy at 29.0 percent. Furthermore, the city’s Per Capita GDP reached ₱409,107, reflecting the average individual contribution to the local economy.
Sectoral Performance: Services Drive Local Growth
The Services sector remained the powerhouse of Cagayan de Oro’s economy, accounting for 77.5 percent of the city’s major industries. The sector posted a robust growth of 8.8 percent year-on-year. Industry held the second-largest share at 21.9 percent, growing by 2.8 percent.
Agriculture, Forestry, and Fishing accounted for 0.6 percent of the economy, expanding by 2.7 percent.
with images by PSA
