BARMM recorded the second-fastest growth among all regions in the country. The economy of BARMM increased from -1.9% in 2019-2020 to 7.5% in 2020-2021, at constant 2018 prices. Measurement of the economic performance of every region is based on Gross Regional Domestic Product (GRDP). GRDP and GRDE are major economic indicators that will bring change in the lives of our countrymen through its impact – as it says, better data, better lives, PSA Undersecretary Claire Dennis Mapa said. Bangsamoro Planning and Development Authority Director General Engr. Mohajirin Ali recognized that the region’s poverty incidence from 55.9% in 2019 to 39.4% in 2021.
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