R10’s economic growth increases in 2025

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VIDEO GRAB FROM PSA

ALL provinces and highly urbanized cities in Northern Minanao posted economic growth in 2025 from their levels in 2024 with Cagayan de Oro City posting the fastest growth at 7.4 percent, according to a release of the Philippine Statistics Authority (PSA) October 26.

This was followed by Misamis Oriental and Iligan City with a growth of 5.8 percent and 4.7 percent, respectively.

Of the seven economies in the region, only Misamis Oriental and Cagayan de Oro City posted growth rates higher than Northern Mindanao’s 4.9 percent economic growth.

Cagayan de Oro City had the largest contribution to the P1.1 trillion gross regional domestic product (GRDP) of Northern Mindanao, accounting for 29 percent.

As expected, Bukidnon dominated agriculture, forestry and fishing in the region at a share of 69.2 percent followed by Lanao del Norte’s 11.5 percent and Misamis Oriental’s 10.5 percent.

For gross value added shares in industry, it was Misamis Oriental’s turn at the top at 28.2 percent followed by Cagayan de Oro City’s 25.9 percent and Bukidnon’s 17 percent.

Overall, Northern Mindanao’s economy grew across all seven provincial and highly urbanized city economies in 2025, led by Cagayan de Oro City’s 7.4 percent growth and its largest contribution to the region’s GRDP.