THE Davao City Investment Promotion Center reported a total capitalization of approximately P253 billion for all business establishments in the city in 2022, marking a decrease from the P275.53 billion recorded in 2021.According to data from the City Business Bureau, DCIPC registered P253,388,388,474.76 in capitalization for 2022. Of this, 59.96 percent originated from micro-enterprises, 21.32 percent from medium enterprises, 12.61 percent from small enterprises, and 6.
Within the DTI's index, the economic dynamism pillar, which assesses factors such as local economy size, growth, active establishments, safety compliance, employment generation, cost of living, cost of doing business, financial depth, productivity, and presence of business organizations, has consistently maintained a third-place ranking from 2021 to 2023.