Local Economy

Agricultural Crops

Cereal production increased by about 1.45% from 1,642,418.62 MT in 2020 to 1,666,319.56 MT in 2021. Bulk of the cereal production was made up of palay which accounted for 1,323,379.33 MT, higher by about 4.89% compared to previous year’s figure of 1,261,689.89 MT. (Table No. 4.1.1) Consequently, with a milled rice production of 791,380.84 MT, the province posted a rice sufficiency level of 209.47% for the year in review.


The top ten (10) palay producing municipalities/cities are mostly situated in the central and eastern part of the province. Municipality of Umingan recorded the top most producer of palay in the province with a total production of 111,915.55 MT. Followed by Mangatarem, Urdaneta City, Villasis, Aguilar, San Manuel, San Carlos City, Sta. Barbara, Asingan and San Quintin. Pangasinan remains the top 3 palay producer nationwide as per PSA data.

On the other hand, corn production in the province decreased by about 9.9% from last year’s 380,728.73 MT to 342,728.73. From the total production among municipalities in the province, Sta. Maria contributes the highest with 39,058.80 MT.

The total mango production of Pangasinan for CY 2021 is recorded at 76,083.40 MT as reported by the Provincial Agriculture Office. The top ten (10) mango producing municipalities/cities are mostly found in the central and eastern part of Pangasinan.

Tobacco production decreased by 12.4% from last year’s 6,254.19 MT to 4,321.01 MT. Meanwhile, on coconut production, it is still pegged at 23,687,672/year, with District I having the bulk of production with 14,081,765 or 59.44% of the total production/year.


The province has a total number of 170,630 farmers cultivating an area of 187,844.86 hectares. There are 58 agrarian reform communities in the province covering 329 barangays with 37,811 Agrarian Reform Beneficiaries, cultivating a total agricultural area of 95,943.8252 hectares.

Livestock and Poultry

This year’s inventory of livestock and poultry population has decreased by 20.32% from 5,983,552 heads (CY 2020) to 4,767,604 heads (CY 2021), with poultry having the largest number of 4,484,432 heads or about 94.06% of the total livestock/poultry population. Poultry population has increased by more than 26% compared to last year’s population of 5,669,404. However, livestock population has decreased from the previous year’s figure of 314,178 to 282,172 heads or about 10% of the total livestock population.


Total fishery production this year has decreased by 5.84% from 132,704.32 MT in 2020 to 124,948.3484 MT, posting a high sufficiency level of 110% which implies that the fishery production surpassed the total fish demand of the province.


To ensure forest protection and uplift the socio-economic condition of upland farmers, activities such as reforestation, agro forestry and 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 as of CY 2020 data.

Agricultural Support Facilities

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

Trade and industry

The province has a total number of 13,762 micro small and medium enterprises (MSMEs), which have decreased by about 1.6% from last year’s 13,981. 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 2020 figure of 124.50 to this year’s 130.30. The purchasing power of peso has increased from last year’s 0.82 to 0.91. Likewise, the province’s inflation rate increased from last year with 2.80 to 4.20 this year.


There are 13,821 registered establishments, an increase of about 8.7% from last year’s 12,713 establishments in Pangasinan, with a total investment amounting to Php 2,355,434,033.00. Personal Services sector contributes the highest investment with 50% share, while Industrial Services sector contributes the least with 0.51%.


Dominating the Business Name Registration are the Trading and Personal Services sectors with about 47.46% and 30.10% of the total number of registered establishments, respectively. On the other hand, Industrial Services sector has the least with only 0.21% of the total number of establishments.


From the registered business establishments, some 25,971 persons were employed, showing a sudden increase of 180% from last year’s figure of 9,254. Majority are employed under trading sector (41.62%), followed by personal services (35.72%), agribusiness (17.64%), manufacturing (4.72%) and, industrial services (0.29%).


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$ 0.0391M.


The province has a total of 41 registered Call Centers / Business Process Outsourcing or BPO as of CY 2019.


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 1,063 Financial Institutions operating in the province, under the Bangko Sentral ng Pilipinas. Pawnshops and Money Service Businesses have the most number with 681 (64%), followed by various types of bank with 369 (34.7%), and non-Banking institutions with 13 (1.22%). From this financial institutions, some 422 automated teller machines (ATM) are strategically installed within the province.


Based on the Provincial Tourism, Culture and Arts Office, the survey of tourist arrivals based on accommodation establishments registered a total of 224,524 tourists, both domestic and foreign. On the other hand, the survey of day tourist based on tourist destinations, accounted for some 1,157,210 domestic and foreign tourists, which are dominated by the Manaoag Pilgrims and Bolinao beaches, with at least 50% of the total number of day tourist.


There are a total of 684 Accommodation Establishment (AE’s) in the province which employs about 4,124 employees. The establishments have a total number of 7,094 rooms which can accommodate a maximum of 30,582 persons per day. District I has the highest with 421 AE’s, followed by District IV with 78 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.