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Daraga Town Leads in Bicol 2003 Income

Cbanga360.Net - The Bicol Street Journal

Published     12 Oct , 2010  12:11 pm   Updated   21 Apr , 2013 at 3:39 pm   1,029 views.

Savvy, creative and resourceful town executives create opportunities and do not just wait for one.

In 2003, 48 (or 44.86%) out of 107 towns of Bicol earned P35M or more which totalled to P2,400,584,608. These annual earnings accounted for 62.486% share of the region’s gross income of P3,481,757,390.

Positioned in rank #1 is Albay province’s premiere town of Daraga with annual income of P108,615,847. Daet, the capital town of Camarines Norte earned P79,165,000 and ranked 2nd. Another town of Camarines Norte, Labo, had annual earnings of P78,378,000 and ranked 3rd.

Big town Libmanan of Camarines Sur with earnings of P71,331,958 was ranked 4rth. The provincial capitals of Pili (Camarines sur) and Virac (Catanduanes) earned P63,118,886 and P59,779,000 respectively, to earn the rank of 6th and 9th.

The town of Aroroy (Masbate) earned P59,986,000 and settled for 8th. Calabanga which is 4rth in Camarines Sur ranking settled for the 13th place. Making the cut at 48th is Matnog, Sorsogon with P35.2M earnings.

We prepared the table below, complete with the towns’ ranking by provincial and regional levels, composed of 9 towns from Albay, 8 from Camarines Norte, 13 from Camarines Sur, 1 from Catanduanes, 9 from Masbate, and 8 from Sorsogon.

Rank by RegionRank By ProvinceProvinceMunicipalityAnnual Income in Pesos
11AlbayDaraga108,615,847
21Camarines NorteDaet79,165,000
32Camarines NorteLabo78,878,000
41Camarines SurLibmanan71,331,958
52AlbayGuinobatan64,741,846
62Camarines SurPili63,118,886
73AlbayPolangui61,287,907
81MasbateAroroy59,986,000
91CatanduanesVirac59,779,000
104AlbayLibon57,476,219
115AlbayTiwi*55,932,153
123Camarines SurBuhi55,312,000
134Camarines SurCalabanga54,564,000
146AlbayOas54,554,289
151SorsogonBulan*54,369,000
165Camarines SurNabua53,840,000
176Camarines SurTinambac*53,099,171
187Camarines SurSipocot52,480,000
192SorsogonPilar51,731,000
208Camarines SurRagay51,526,970
213Camarines NorteSanta Elena50,704,069
222MasbateMilagros50,116,000
237AlbayCamalig49,138,661
249Camarines SurLagonoy46,358,000
254Camarines NorteJose Panganiban46,158,000
2610Camarines SurBula45,677,624
273MasbateCataingan45,484,000
284MasbateCawayan45,409,802
293SorsogonCastilla45,125,000
308AlbayBacacay44,631,537
314SorsogonIrosin43,417,411
325SorsogonJuban40,284,259
335Camarines NorteMercedes39,886,000
346Camarines NorteParacale39,866,000
355MasbateUson39,426,000
366MasbatePlacer39,347,740
3711Camarines SurBaao39,315,000
3812Camarines SurPasacao39,016,261
3913Camarines SurCaramoan38,957,000
407Camarines NorteVinzons38,568,000
418Camarines NorteBasud38,012,000
426SorsogonDonsol37,303,281
437SorsogonGubat*37,146,622
447MasbateSan Pascual*36,640,728
459AlbayMalilipot35,935,070
468MasbateClaveria*35,920,555
479MasbateMandaon35,727,000
488SorsogonMatnog35,223,742

Looking back in the year 2002, there were 43 towns that earned P35M or more. The list is topped by Albay’s Daraga town with earnings of P87M, followed by Camarines Norte’s capital town of Daet with income of PP77.8M and Camarines Sur’s Libmanan with annual income of P68.2M.

Catanduanes’ town of Virac earned P61.5M and Masbate province’s Cawayan town earned P60.9M ranked 5th. Pili earned P59.6M for rank 7 while Calabanga at P52.2M ranked 14th. Bottom of the list is Pasacao town of Camarines Sur with P35.5M annual income.

The table below include 7 towns from Albay, 7 from Camarines Norte, 12 from Camarines Sur, 1 from catanduanes, 10 from Masbate, 6 from Sorsogon. The 43 towns had a total annual income of P2,058,118,376 or 58.277% out of the region’s total of P3,531,556,573.

Rank by RegionRank By ProvinceProvinceMunicipalityAnnual Income in Pesos
11AlbayDaraga87,269,733
21Camarines NorteDaet77,875,282
31Camarines SurLibmanan68,258,490
41CatanduanesVirac61,151,000
51MasbateCawayan60,901,486
62AlbayGuinobatan60,101,346
72Camarines SurPili59,602,437
83AlbayPolangui57,865,525
92MasbateAroroy56,815,000
104AlbayTiwi*55,932,153
112Camarines NorteLabo55,247,781
121SorsogonBulan*54,369,000
133Camarines SurTinambac53,099,171
144Camarines SurCalabanga52,220,168
155AlbayOas51,347,067
165Camarines SurBuhi51,153,000
176Camarines SurSipocot49,387,000
183MasbateMilagros49,312,000
192SorsogonPilar48,409,000
207Camarines SurRagay47,460,649
216AlbayLibon*45,947,550
227AlbayCamalig44,816,079
233Camarines NorteSanta Elena44,421,295
244Camarines NorteJose Panganiban43,431,630
254MasbateCataingan43,406,000
268Camarines SurLagonoy43,244,227
279Camarines SurBula42,938,606
285Camarines NorteMercedes39,167,872
293SorsogonIrosin38,810,721
304SorsogonCastilla38,808,000
315MasbatePlacer37,803,350
326Camarines NorteParacale37,636,000
3310Camarines SurBaao37,514,000
3411Camarines SurCaramoan37,344,127
355SorsogonGubat*37,146,622
366MasbateSan Pascual36,640,728
377Camarines NorteVinzons36,149,570
386SorsogonDonsol36,145,400
397MasbateClaveria35,920,555
408MasbatePalanas35,901,000
419MasbateUson35,901,000
4210MasbateMandaon35,651,725
4312Camarines SurPasacao35,595,030

In 2001, Camarines Norte’s provincial capital of Daet topped the list with earnings of P92.8M followed by Albay’s Daraga with P68M. Labo ranked 3rd, followed by Tiwi (Albay), Bulan (Sorsogon), Pili (Camarines Sur). Aroroy, Masbate earned P48.6M for rank 8th. Calabanga with earnings of P44.6M was on the 13th.

The 31 towns on this list earned a total of P1,412,441,343 which is 46.449% of the region’s total of P3,040,836,548. LGUs included are 8 towns from Albay, 4 from Camarines Norte, 11 from Camarines Sur, 4 from Masbate, 3 from Sorsogon, 1 from Catanduanes.

Rank by RegionRank By ProvinceProvinceMunicipalityAnnual Income in Pesos
11Camarines NorteDaet92,848,316
21AlbayDaraga68,044,077
32Camarines NorteLabo63,896,188
42AlbayTiwi55,932,153
51SorsogonBulan54,369,000
61Camarines SurPili49,967,576
73AlbayGuinobatan49,224,967
81MasbateAroroy48,692,000
91CatanduanesVirac46,949,804
102Camarines SurNabua46,239,805
114AlbayLibon45,947,550
125AlbayPolangui45,689,069
133Camarines SurCalabanga44,659,532
144Camarines SurRagay44,535,892
155Camarines NorteSanta Elena43,327,657
165Camarines SurBuhi42,140,020
172SorsogonPilar41,798,600
186Camarines SurSipocot40,241,500
196AlbayBacacay40,023,553
202MasbateMilagros39,886,727
217Camarines SurLibmanan39,188,170
227AlbayOas38,516,312
233Camarines NorteJose Panganiban38,272,049
248Camarines SurTinambac38,176,804
253SorsogonGubat37,146,622
263MasbateCawayan37,038,991
278AlbayCamalig36,747,113
289Camarines SurLagonoy36,424,879
2910Camarines SurGoa35,882,525
3011Camarines SurBula35,551,527
314MasbateCataingan35,082,365

Based on the above tables covering the years 2001, 2002 and 2003, provincial capital towns have very good chances of earning more than any town in their respective province, like Virac and Daet.

Provinces like Albay, Masbate and Sorsogon has provincial capitals which are now component cities. In this case, other towns rise to the occasion and become commercial/business center in their own right.

More than these, the economic progress of LGus rests upon the effectiveness of elected officials. Savvy, creative and resourceful town executives create opportunities and do not just wait for one. There will be more shake-up and surprises, perhaps, on the following years.

(This is fifth part of the series on Bicol towns, cities and provinces annual income that Cbanga360(dot)Net will run as a series. To be continued.)


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