Top Industries in Davao
Davao is home to a range of industries that are key drivers of the city's economy. Some of the top industries in Davao include:
Business Process Outsourcing (BPO)
The BPO industry remains a cornerstone of Davao's economy, offering numerous employment opportunities. Companies in this sector are actively hiring for roles such as customer service representatives and technical support specialists.
Range: $5-$15k
Growth rate: 8%
Some job openings:Concentrix is hiring: Customer Service Representative, Technical Support Specialist
Agriculture
Agriculture is a vital industry in Davao, known for its production of bananas, pineapples, and other tropical fruits. The sector is seeing growth in agribusiness and export opportunities.
Range: $3-$10k
Growth rate: 5%
Tourism and Hospitality
Tourism is a growing sector in Davao, driven by its natural attractions and cultural heritage. The hospitality industry is expanding, with new hotels and resorts opening.
Range: $4-$12k
Growth rate: 7%
Technology
The technology sector in Davao is emerging, with a focus on software development and IT services. Startups and established companies are seeking skilled professionals in this field.
Range: $8-$20k
Growth rate: 10%
Renewable Energy
Renewable energy is gaining momentum in Davao, with investments in solar and wind projects. This sector offers opportunities for engineers and project managers.
Range: $10-$25k
Growth rate: 12%
Some job openings:Aboitiz Power is hiring: Renewable Energy Engineer, Project Manager
Employment Trends and Growth Rates
Davao's employment trends in 2024 indicate a robust job market with significant growth in technology and renewable energy sectors.
The city's job growth rate is projected to be around 6%, driven by investments in infrastructure and emerging industries.
While income inequality remains a challenge, efforts are being made to create more equitable job opportunities across different sectors.
Job turnover rates are relatively stable, with a steady demand for skilled workers in tech and healthcare.
Job Market for Remote and Freelance Workers in Davao
Remote work is becoming increasingly popular in Davao, with approximately 30% of the workforce engaged in remote jobs.
The tech industry, in particular, offers numerous remote positions, including roles in software development and digital marketing.
Local companies like Next BPO Solutions are embracing remote work, providing flexible job opportunities for residents.
City-specific job boards and platforms are emerging to cater to the growing demand for remote work.
Job Resources and Networking
Davao offers a variety of job resources, including local job boards like DavaoJobs.com and career fairs hosted by universities.
Networking events and workshops are regularly organized by the Davao Chamber of Commerce and Industry.
Career development centers and job placement programs are available at institutions like the University of Mindanao.
For national job opportunities, platforms like Indeed, LinkedIn, and Glassdoor are widely used.
Property Prices Rankings
The Property Prices Rankings for Philippines evaluate affordability and investment potential using indices like the Price to Income Ratio, Mortgage as a Percentage of Income, Loan Affordability, Price to Rent Ratio, and Gross Rental Yield.
Highest to LowestUpdated: Oct, 2025