POSITIVE GROWTH. Davao Region posts a 5.9 percent growth in the economy for 2021, the Philippine Statistics Administration in Davao Region says Thursday (April 28, 2022). The figure is higher than the national growth in the same period, recorded at 5.7 percent. (Photo by Robinson Ninal) DAVAO CITY - Davao Region's economic performance in 2021 recorded a high of 5.9 percent, a significant increase from the negative 7.5 percent in 2020. With steady prices in 2018, the region's economy was valued at PHP882 billion in 2021 from about PHP833.2 billion in 2020 with an increase of PHP48.8 billion. The level still falls short of PHP18.5 billion compared to the one recorded in 2019, during the pre-pandemic period. Philippine Statistics Administration in Davao Region (PSA-11) Director Ruben Abaro Jr. said Thursday the industry and service sectors posted the highest growth at 9.9 percent and 5.6 percent, respectively. "However, agriculture, forestry, and fishing decelerated by 0.8 pe