Davao City’s economy surges with 7.5% growth and record investments in 2025
Davao City continues to assert its dominance as the economic powerhouse of the region, with a Gross Regional Domestic Product (GRDP) contribution of ₱532.54 billion in 2023, marking a robust growth rate of 7.5%.
The city's economic prowess is further underscored by its consistent outperformance of the national average GDP growth rate. In the third quarter of 2025, Davao's GDP surged to 4%, reflecting its strong economic fundamentals.
Investor confidence in Davao remains high, with ongoing negotiations involving high-value commercial projects, mixed-use estates, and expansion plans from major conglomerates. This surge in interest is driven by stable consumer spending, disciplined governance, and the city's reputation for safety and order. Davao's success is a testament to its strategic infrastructure planning and commitment to workforce protection.
Efficient mass transport is identified as a critical factor for Davao's long-term growth and stability. BIG-TICKET investors are increasingly drawn to the city's commercial and real estate sectors, signaling a 'critical upswing' in its economic trajectory. Davao's appeal lies in its cleanliness, safety, and strong public order, which attract both investors and visitors.
Davao City's GRDP contribution and economic growth rates continue to impress, with a significant decrease in inflation rates from 6.3% in 2023 to 4.0% in 2024, aligning with the government's target range. The city's ranking as the third safest in Southeast Asia by Numbeo further bolsters its reputation, attracting investors and visitors alike.
