The economy of the City of Malabon sustained its growth by posting 3.2 percent in 2023, from a 5.3 percent growth in 2022. The Gross Domestic Product (GDP) of the City of Malabon was estimated at PhP 67.44 billion. (Figure 1)
 

The fastest growths were observed in Other services with 33.7 percent. This was followed by Transportation and storage with 9.8 percent and Human health and social work activities with 9.2 percent. Meanwhile, Manufacturing and Public administration and defense; compulsory social security contracted by 2.7 and 0.1 percent, respectively. (Figure 2)

The per capita GDP of the City of Malabon was estimated at PhP 179,436 which registered a 3.1 percent growth in 2023. The City of Malabon’s per capita GDP was lower compared with the NCR’s per capita GDP estimated at PhP 460,969.

The Provincial Product Accounts (PPA) has been the mechanism of the PSA to compile the annual estimates of GDP by province and Highly Urbanized 
City (HUC), consistent with the National and Regional Accounts of the Philippines.  In 2024, following the successful PPA compilation of the National Capital Region, the PSA releases for the first time the PPA results for all 
82 provinces and 33 HUCs across the country.

Full data series, charts, and data visuals of the results of the Provincial Product Accounts (PPA) of the City of Malabon can be accessed at the PPA landing page of the Philippine Statistics Authority (PSA) (psa.gov.ph/statistics/ppa), and the PSA Regional website (rssoncr.psa.gov.ph/statistics/ppa).

CYNTHIA S. LAXINA
Officer-in-Charge
(Supervising Statistical Specialist)