Pangasinan Local Economy

Agricultural Crops

Cereal production increased by about 1% from 1,302,736.85 MT in 2019 to 1,315,940.06 MT in 2020. Bulk of the cereal production was made up of palay which accounted for 1,261,689.89 MT, higher by about 1.13% compared to previous year’s figure of 1,247,582.44 MT. Consequently, with a milled rice production of 746,054.3 MT, the province posted a rice sufficiency level of 200.55% for the year in review. Corn production has increased by about 9% from last year’s 377,101.72 MT to 380,728.73.

The top ten (10) palay and corn producing municipalities/cities are mostly situated in the central and eastern part of the province*.*

The fruit production on banana, mango, papaya and watermelon has decreased by 15% from the previous production of 131,047.15 MT (2018) to 116,182.78 MT. Mango remained to be the biggest contributor in the total fruit production in the province contributing almost 83%.

Top ten (10) mango producing municipalities/cities are found in the central and eastern part of Pangasinan*.*

For legumes (mung bean and peanut), the total production is 4,195.51 MT, an increase of 1.33% was noted from last year’s figure of 4,138.67 MT. Root crops’ production is 65,549.42 MT. On vegetable production, some 150,834.48 MT were harvested, a decrease of almost 10.74% compared to last year’s production of 168,999.76 MT.

Tobacco production increased by 22.7% from last year’s 5,097.20 MT to 6,254.19 MT*.* Meanwhile, on coconut production, it is still pegged at 24,338,952/year, with District I having the bulk of production with 14,189,280 or 58.30% of the total production/year*.*

The province has a total number of 171,643 farmers cultivating an area of 185,379.67 hectares*.* There are 58 agrarian reform communities in the province covering 329 barangays with 35,541 Agrarian Reform Beneficiaries, cultivating a total agricultural area of 95,943.8354 hectares*.*

Livestock and Poultry

This year’s inventory of livestock and poultry population has increased by 12.41% from 5,323,155 heads (CY 2019) to 5,983,552 heads (CY 2020), with poultry having the largest number of 5,669,404 heads or about 94.75% of the total livestock/poultry population. Poultry population has increased by more than 19.33% compared to last year’s population of 4,750,875. However, livestock population has decreased from the previous year’s figure of 572,280 to 314,178 heads or about 45.1% of the total livestock population*.*

Fishery

Total fishery production this year has increased by 4.68% from 126,766.454 MT in 2018 to 132,704.32 MT, posting a high sufficiency level of 119% which implies that the fishery production have surpassed the total fish demand of the province*.*

Forestry

To ensure forest protection and uplift the socio-economic condition of upland farmers, activities such as reforestation, agro forestry, fuel wood/fruit tress plantation are being undertaken by about 1,701 beneficiaries under the Integrated Social Forestry (ISF) occupying an area of 2,911.67 hectares in the 38 barangays of Western and Eastern Pangasinan*.*

Agricultural Support Facilities

There are 20 ice plants and cold storage operating in the province which primarily caters to the preservation needs of fish traders or viajeros*.*

In 2018, support facilities for various crops include 333 rice mills, 351 warehouses and 3 mechanical dryers. Majority of these post-harvest facilities are located in District I.

In addition, there are 1,345 grains establishment, about 40% of which are retailers, 44% are on retail/wholesale and, almost 16% fall under wholesale classification.

Trade and industry

The province has a total number of 13,981 micro, small and medium enterprises (MSMEs), which have decreased by more than 6.04% from last year’s 14,880. The total number consists mostly of micro enterprises whose income is Php 3M and below*.*

The average consumer price index (CPI) for all income household for all items has increased from CY 2019 figure of 121.10 to this year’s 124.50. The purchasing power of peso has decreased from last year’s 0.83 to 0.82. Likewise, the province’s inflation rate is still the same from last year’s 2.7.

There are 12,713 registered establishments, a decrease of about 14.85% from last year’s 14,931 establishments in Pangasinan, with a total investment amounting to Php 1,218,485,877.00.

Dominating the Business Name Registration are the Trading and Personal Services sectors with about 31.69% and 52.56% of the total number of registered establishments, respectively. On the other hand, Industrial Services sector has the least with only 2.12% of the total number of establishments.

From the registered business establishments, some 9,254 persons were employed, showing a significant decrease of almost 69.27% from last year’s figure of 30,118. Majority of the employed persons belongs to the personal services sector (52.56%), followed by trading services (31.69%), manufacturing (8.41%), agri-business (5.22%) and, industrial services (2.12%).

Manufactured products such as processed foods, furniture and wood products and metal crafts are considered as the leading industries in the province having a value of exports amounting to US$ 0.168M*.*

The province has a total of 41 registered Call Centers / Business Process Outsourcing or BPO*.*

For industries with best potentials, mango industry is seen to be suitable in Central Pangasinan, salt industry is best in western part and industries for vegetables are best preferred in the eastern part.

Financial Institutions

There are 1,030 Financial Institutions operating in the province, under the Bangko Sentral ng Pilipinas. Pawnshops have the most number with 465 (45.1%), followed by various types of bank with 346 (33.6%), Money Service Business with 189 (18.3%), and non-Banking institutions with 13 (1.3%). Also, some 407 automated teller machines (ATM) are strategically installed within the province*.*

Tourism

Based on the Provincial Tourism, Culture and Arts Office, the survey of tourist arrivals based on accommodation establishments registered a total of 120,113 tourists, both domestic and foreign. On the other hand, the survey of day tourist based on tourist destinations, accounted for some 819,140 domestic and foreign tourists, which are dominated by the Manaoag Pilgrims, with more than 75% of the total number of day tourist.

There is a total of 510 Accommodation Establishment (AE’s) in the province which employs about 3,079 employees. The establishments have a total number of 5,700 rooms which can accommodate a maximum of 26,866 persons per day. District I has the highest with 279 AE’s, followed by District IV with 69 AEs.

A total of 48 shopping malls are strategically located in the province, which provides employment opportunities to Pangasinenses and contributes to the economic growth of the province.

https://ppdo.pangasinan.gov.ph/planners-and-researchers-kiosk/provincial-ecological-profile-2020/local-economy/