Publications | NEDA Regional Office 5

2022 Bicol Development Updates

4th Quarter3rd Quarter2nd Quarter1st Quarter

4th Quarter3rd Quarter2nd Quarter1st Quarter

4th Quarter3rd Quarter2nd Quarter1st Quarter

4th Quarter3rd Quarter2nd Quarter1st Quarter

4th Quarter3rd Quarter2nd Quarter1st Quarter

Land Area (sq. km.)	17,632.51
Population (as of May 1, 2020)	6,082,165
Population Growth Rate (2015-2020)	1.02%
Average Household Size (2015)	4.8
Poverty Incidence among Population (2021)	29.3%
Poverty Incidence among Families (2021)	21.9%
Per Capita Poverty Threshold (2021)	PHP27,675
GRDP, 2021 (at constant 2018 prices)	PHP540,141,707,262
GRDP growth rate, 2020-2021 (at constant 2018 prices)	4.3%
GRDP per capita, 2021 (at constant 2018 prices)	PHP87,219
Population 15 years old and over (April 2022)	4.089 million
Labor Force Participation Rate (April 2022)	62.3%
Employment Rate (April 2022)	93.8%
Unemployment Rate (April 2022)	6.2%
Underemployment Rate (April 2022)	21.2%