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

Cbanga360.Net - The Bicol Street Journal

Published         10 Jan , 2016      12:47 pm          381 views.

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:

PROVINCEREGION ANNUAL REGULAR INCOME (PHP)
BULACANCENTRAL LUZON 2,833,550,614.67
PANGASINANILOCOS 2,580,352,299.26
CAVITECALABARZON 2,496,437,434.00
CEBUCENTRAL VISAYAS 2,414,594,998.57
NEGROS OCCIDENTALNEGROS 2,362,223,821.82
BATANGASCALABARZON 2,278,894,519.55
LAGUNACALABARZON 2,200,227,194.39
RIZALCALABARZON 2,176,951,036.21
QUEZONCALABARZON 2,151,782,804.54
PAMPANGACENTRAL LUZON 2,139,940,852.56
BUKIDNONNORTHERN MINDANAO 2,027,287,020.15
ISABELACAGAYAN 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.

PROVINCEREGION ANNUAL REGULAR INCOME (PHP)
ILOILOWESTERN VISAYAS 1,936,003,023.02
NUEVA ECIJACENTRAL LUZON 1,895,971,390.63
LEYTEEASTERN VISAYAS 1,793,424,239.07
NORTH COTABATOSOCCKSARGEN 1,724,003,966.30
PALAWANMIMAROPA 1,658,881,478.71
CAGAYANCAGAYAN VALLEY 1,635,793,715.14
CAMARINES SURBICOL 1,575,768,826.79
TARLACCENTRALLUZON 1,558,408,163.22
NEGROS ORIENTALNEGROS 1,531,590,554.27
LANAO DEL SURARMM 1,460,872,916.08
BOHOLCENTRAL VISAYAS 1,408,515,272.39
AGUSAN DEL SURCARAGA 1,376,863,164.15
ZAMBOANGA DEL NORTEZAMBOANGA 1,362,766,287.99
ALBAYBICOL 1,199,480,767.57
ZAMBOANGA DEL SURZAMBOANGA 1,199,047,701.97
ILOCOS SURILOCOS 1,194,116,437.46
MAGUINDANAOARMM 1,192,974,376.33
AKLANWESTERN VISAYAS 1,162,712,648.02
SOUTH COTABATOSOCCKSARGEN 1,150,609,873.65
BATAANCENTRALLUZON 1,133,209,247.05
DAVAO DEL NORTEDAVAO 1,093,747,204.17
MISAMIS ORIENTALNORTHERN MINDANAO 1,080,289,690.34
DAVAO DEL SURDAVAO 1,078,314,447.95
ORIENTAL MINDOROMIMAROPA 1,038,440,081.46
WESTERN SAMAR (SAMAR)EASTERN VISAYAS 1,035,893,260.13
MASBATEBICOL 1,028,252,346.97
LA UNIONILOCOS 1,026,691,419.26
DAVAO ORIENTALDAVAO 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 VALLEYDAVAO 998,111,233.00
SULTAN KUDARATSOCCKSARGEN 997,211,144.28
LANAO DEL NORTENORTHERN MINDANAO 983,487,355.63
SORSOGONBICOL 964,317,054.26
ANTIQUEWESTERN VISAYAS 948,718,394.22
NORTHERN SAMAREASTERN VISAYAS 940,304,819.68
NUEVA VIZCAYACAGAYAN VALLEY 938,658,761.62
SURIGAO DEL SURCARAGA 935,960,217.59
OCCIDENTAL MINDOROMIMAROPA 897,335,096.47
BENGUETCORDILLERA 895,578,941.20
ZAMBALESCENTRAL LUZON 894,062,431.90
ILOCOS NORTEILOCOS 893,949,125.26
CAPIZWESTERN VISAYAS 893,668,238.31
MISAMIS OCCIDENTALNORTHERN MINDANAO 850,366,183.09
EASTERN SAMAREASTERN VISAYAS 830,844,178.20
CAMARINES NORTEBICOL 828,866,022.97
ZAMBOANGA SIBUGAYZAMBOANGA 823,695,592.58
SULUARMM 775,470,739.09
SARANGANISOCCKSARGEN 755,526,060.95
SURIGAO DEL NORTECARAGA 753,176,993.26
AGUSAN DEL NORTECARAGA 717,818,876.94
SOUTHERN LEYTEEASTERN VISAYAS 689,235,424.43
ABRACORDILLERA 686,292,200.54
QUIRINOCAGAYAN VALLEY 677,583,721.80
KALINGACORDILLERA 674,863,863.98
TAWI-TAWIARMM 640,019,581.55
BASILANARMM 608,185,566.32
CATANDUANESBICOL 604,333,353.32
IFUGAOCORDILLERA 596,288,073.79
APAYAOCORDILLERA 593,588,144.76
AURORACENTRALLUZON 579,276,172.55
MOUNTAIN PROVINCECORDILLERA 554,699,304.29
ROMBLONMIMAROPA 546,043,963.01
MARINDUQUEMIMAROPA 467,841,899.27
DINAGAT ISLANDSCARAGA 444,939,774.99
GUIMARASWESTERN VISAYAS 425,072,312.47
BILIRANEASTERN VISAYAS 411,970,485.98
SIQUIJORCENTRAL VISAYAS 347,779,640.45
CAMIGUINNORTHERN MINDANAO 339,205,322.47
BATANESCAGAYAN 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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