Surging Ahead: Iligan City Emerges as One of the Philippines’ Fastest-Rising Economies

Mindanao Growth Spotlight: Iligan Secures Top 2 Fastest-Growing HUC Rank

Iligan City posted a robust 8.8 percent GDP growth rate for 2024, placing second among the country’s top 10 fastest-growing highly urbanized cities, according to official data from the Provincial Product Accounts. The ranking underscores Iligan’s strengthened economic activity, investor confidence, and expanding local opportunities.

Key Highlights of Iligan City’s Economic Growth

• Rising job opportunities as more businesses invest and expand within Iligan’s growing economy.
• Stronger local economy, with increased market activity and circulation of income across communities.
• Wider career opportunities for the youth, reducing the need to seek employment outside Mindanao.
• Heightened investor confidence, reflected in new developments, expansions, and continued business presence in the city.
• Daily improvements in economic activity, visible in busier markets, more MSME growth, and consistent job openings.

The latest recognition also places Iligan firmly on the national radar, showcasing its role as a rising economic hub in Mindanao.

Strengthen Support for Iligan’s Continued Growth

Iligan’s upward economic trajectory highlights the importance of sustained community effort, responsible development, and continued support for local businesses to maintain long-term progress across Mindanao.