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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