This is the #101 of billionaire, also poor provinces of the Philippines

2016_0110_palawan-underground-river2
At the mouth of the underground river, popular tourist attraction of Palawan. Photo H/T facebook/ Joan Caldit.

Billionaire provinces. Of the 81 provinces of the Philippines, 12 earned a regular annual income for fiscal year 2014 of P2 billion and above. Bulacan led the pack among the 9 provinces of Luzon, Visayas (Cebu and Negros Occidental) and Mindanao (Bukidnon).

Twenty eight provinces earned between P1-billion and P1.9-billion for the same period with Iloilo, Nueva Ecija, Leyte, North Cotabato and Palawan on top of the list.

The third group reported earnings lower than P1-billion with the provinces of Compostela Valley, Sultan Kudarat, Lanao del Norte, Sorsogon and Antique on first five.

Five small island provinces record an earning P425-million and below include Guimaras, Biliran, Siquijor, Camiguin and Batanes.

The premier, billionaire provincial local government units of the Philippines:

PROVINCE REGION ANNUAL REGULAR INCOME (PHP)
BULACAN CENTRAL LUZON 2,833,550,614.67
PANGASINAN ILOCOS 2,580,352,299.26
CAVITE CALABARZON 2,496,437,434.00
CEBU CENTRAL VISAYAS 2,414,594,998.57
NEGROS OCCIDENTAL NEGROS 2,362,223,821.82
BATANGAS CALABARZON 2,278,894,519.55
LAGUNA CALABARZON 2,200,227,194.39
RIZAL CALABARZON 2,176,951,036.21
QUEZON CALABARZON 2,151,782,804.54
PAMPANGA CENTRAL LUZON 2,139,940,852.56
BUKIDNON NORTHERN MINDANAO 2,027,287,020.15
ISABELA CAGAYAN VALLEY 2,019,452,462.14

Provincial local government units reported FY 2014 regular annual earnings less than two billion pesos but not lower than one billion pesos.

PROVINCE REGION ANNUAL REGULAR INCOME (PHP)
ILOILO WESTERN VISAYAS 1,936,003,023.02
NUEVA ECIJA CENTRAL LUZON 1,895,971,390.63
LEYTE EASTERN VISAYAS 1,793,424,239.07
NORTH COTABATO SOCCKSARGEN 1,724,003,966.30
PALAWAN MIMAROPA 1,658,881,478.71
CAGAYAN CAGAYAN VALLEY 1,635,793,715.14
CAMARINES SUR BICOL 1,575,768,826.79
TARLAC CENTRALLUZON 1,558,408,163.22
NEGROS ORIENTAL NEGROS 1,531,590,554.27
LANAO DEL SUR ARMM 1,460,872,916.08
BOHOL CENTRAL VISAYAS 1,408,515,272.39
AGUSAN DEL SUR CARAGA 1,376,863,164.15
ZAMBOANGA DEL NORTE ZAMBOANGA 1,362,766,287.99
ALBAY BICOL 1,199,480,767.57
ZAMBOANGA DEL SUR ZAMBOANGA 1,199,047,701.97
ILOCOS SUR ILOCOS 1,194,116,437.46
MAGUINDANAO ARMM 1,192,974,376.33
AKLAN WESTERN VISAYAS 1,162,712,648.02
SOUTH COTABATO SOCCKSARGEN 1,150,609,873.65
BATAAN CENTRALLUZON 1,133,209,247.05
DAVAO DEL NORTE DAVAO 1,093,747,204.17
MISAMIS ORIENTAL NORTHERN MINDANAO 1,080,289,690.34
DAVAO DEL SUR DAVAO 1,078,314,447.95
ORIENTAL MINDORO MIMAROPA 1,038,440,081.46
WESTERN SAMAR (SAMAR) EASTERN VISAYAS 1,035,893,260.13
MASBATE BICOL 1,028,252,346.97
LA UNION ILOCOS 1,026,691,419.26
DAVAO ORIENTAL DAVAO 1,022,954,116.37

This listing include provincial local government units with regular annual income in FY 2014 less than one billion pesos.

REGION ANNUAL REGULAR INCOME (PHP)
COMPOSTELA VALLEY DAVAO 998,111,233.00
SULTAN KUDARAT SOCCKSARGEN 997,211,144.28
LANAO DEL NORTE NORTHERN MINDANAO 983,487,355.63
SORSOGON BICOL 964,317,054.26
ANTIQUE WESTERN VISAYAS 948,718,394.22
NORTHERN SAMAR EASTERN VISAYAS 940,304,819.68
NUEVA VIZCAYA CAGAYAN VALLEY 938,658,761.62
SURIGAO DEL SUR CARAGA 935,960,217.59
OCCIDENTAL MINDORO MIMAROPA 897,335,096.47
BENGUET CORDILLERA 895,578,941.20
ZAMBALES CENTRAL LUZON 894,062,431.90
ILOCOS NORTE ILOCOS 893,949,125.26
CAPIZ WESTERN VISAYAS 893,668,238.31
MISAMIS OCCIDENTAL NORTHERN MINDANAO 850,366,183.09
EASTERN SAMAR EASTERN VISAYAS 830,844,178.20
CAMARINES NORTE BICOL 828,866,022.97
ZAMBOANGA SIBUGAY ZAMBOANGA 823,695,592.58
SULU ARMM 775,470,739.09
SARANGANI SOCCKSARGEN 755,526,060.95
SURIGAO DEL NORTE CARAGA 753,176,993.26
AGUSAN DEL NORTE CARAGA 717,818,876.94
SOUTHERN LEYTE EASTERN VISAYAS 689,235,424.43
ABRA CORDILLERA 686,292,200.54
QUIRINO CAGAYAN VALLEY 677,583,721.80
KALINGA CORDILLERA 674,863,863.98
TAWI-TAWI ARMM 640,019,581.55
BASILAN ARMM 608,185,566.32
CATANDUANES BICOL 604,333,353.32
IFUGAO CORDILLERA 596,288,073.79
APAYAO CORDILLERA 593,588,144.76
AURORA CENTRALLUZON 579,276,172.55
MOUNTAIN PROVINCE CORDILLERA 554,699,304.29
ROMBLON MIMAROPA 546,043,963.01
MARINDUQUE MIMAROPA 467,841,899.27
DINAGAT ISLANDS CARAGA 444,939,774.99
GUIMARAS WESTERN VISAYAS 425,072,312.47
BILIRAN EASTERN VISAYAS 411,970,485.98
SIQUIJOR CENTRAL VISAYAS 347,779,640.45
CAMIGUIN NORTHERN MINDANAO 339,205,322.47
BATANES CAGAYAN VALLEY 280,309,493.28

Annual regular income consists of locally sourced revenue together with Internal Revenue Allotment (IRA) for the year and other shares from the national tax collection.

Locally sourced revenue includes real property tax, tax on business, other taxes, regulatory fees, service/user charges, and receipts from economic enterprises.

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