Cordillera’s Treasure Trove

Economic Strengths

  1. Agriculture (vegetables, fruits, coffee)
  2. Mining (gold, copper)
  3. Tourism (natural attractions, culture)
  4. Small-scale industries (crafts, woodcarving)
  5. Hydroelectric power

Demographic Advantages

  1. Young population (29.93% aged 14 and below)
  2. Growing workforce (65.90% aged 15-64)
  3. Median age: 24

Key Attractions

  1. Baguio City (capital)
  2. La Trinidad Valley
  3. Mount Pulag
  4. Kabayan Mummy Caves
  5. BenCab Museum

Opportunities

  1. Agricultural modernization
  2. Tourism expansion
  3. Infrastructure development
  4. Mining investments
  5. Cultural preservation

Challenges

  1. Environmental conservation
  2. Disaster resilience
  3. Poverty reduction
  4. Infrastructure upgrades
  5. Cultural heritage preservation

Why Invest in Benguet?

Benguet offers:

  1. Strategic location (Cordillera Administrative Region)
  2. Natural resources
  3. Growing workforce
  4. Government support
  5. Rich cultural heritage
NameCity/ MunicipalityPopulation (2020)Population (2015)Annual Population Growth Rate (2015‑2020)Area (km2)Density (2020), per km2Brgy count
Atokmunicipality19,21819,668-0.49%214.99898
Bakunmunicipality14,53515,357-1.15%286.91517
Bokodmunicipality14,43513,7561.02%274.965210
Buguiasmunicipality44,87743,6270.60%175.8825514
Itogonmunicipality61,49859,8200.58%449.731379
Kabayanmunicipality15,80615,2600.74%242.696513
Kapanganmunicipality19,29719,361-0.07%164.3911715
Kibunganmunicipality17,05117,292-0.30%254.86677
La Trinidadmunicipality, capital137,404129,1331.32%70.041,96216
Mankayanmunicipality37,23335,9530.74%130.4828512
Sablanmunicipality11,58811,4570.24%105.631108
Tubamunicipality48,31247,6480.29%295.9716313
Tublaymunicipality19,42917,8921.75%102.551898
Benguet Total460,683444,2240.77%2,769.08166140

Economy

Fiscal YearAnnual Regular IncomeChange
20091,250,706,238.73
2010649,230,423.19-48.09%
2011720,435,822.7610.97%
2012760,604,087.885.58%
2013816,139,696.407.30%
2014895,578,941.209.73%
20151,025,809,123.0314.54%
20161,114,052,300.838.60%
End notes:Annual Regular Income = Locally Sourced Revenue + Internal Revenue Allotment (IRA) Current Year + Other Shares from National Tax CollectionLocally Sourced Revenue = Real Property Tax (General Fund) + Tax on Business + Other Taxes + Regulatory Fees + Service/User Charges + Receipts from Economic Enterprises

Tourism

Benguet is a popular tourist destination, known for its scenic landscapes, cultural heritage, and vibrant communities. One of the most visited tourist attractions in Benguet is the city of Baguio, also known as the “City of Pines.” Baguio is a highland retreat that offers a cool and refreshing climate, making it an ideal destination for tourists looking to escape the heat and humidity of the lowlands.

Baguio also has several tourist spots, including Burnham Park, Mines View Park, and the Baguio Botanical Garden. The city is also known for its cultural and artistic heritage, with several museums and galleries showcasing the works of local artists and craftsmen.

Aside from Baguio, Benguet also has several other tourist destinations that offer unique experiences for visitors. One of these is the Mount Pulag National Park, which is a protected area that features diverse flora and fauna and is home to several indigenous communities. Visitors can hike to the summit of Mount Pulag, which is the third-highest mountain in the Philippines, and witness the stunning sunrise and sunset views.