NATIONAL ACCOUNTS OF THE PHILIPPINES Page 1

Unit: In million pesos As of August 2017

TABLE 1A. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY EXPENDITURE SHARES
1ST QUARTER 2014 TO 1ST QUARTER 2017
AT CURRENT PRICES

-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2014 2015 2016 2017 ANNUAL
TYPE OF EXPENDITURE Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2014 2015 2016
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. Household Final Consumption
Expenditure 2,132,556 2,242,281 2,207,675 2,581,312 ### 2,291,185 2,415,825 2,354,244 2,764,627 ### 2,459,095 2,619,570 2,572,570 3,000,778 ### 2,684,641 9,163,823 9,825,883 10,652,013
2. Government Final Consumption Expenditure 304,886 382,996 317,861 328,525 ### 310,291 395,947 368,326 381,219 ### 349,459 462,681 387,618 411,496 ### 361,259 1,334,267 1,455,783 1,611,254

3. Capital Formation 601,446 579,091 660,638 755,586

### 604,816 630,958 736,377 854,034
### 796,217 865,470 848,385 1,006,123
### 928,485 2,596,761 2,826,185 3,516,195
A. Fixed Capital 636,213 649,732 644,224 681,351
### 662,360 725,458 722,368 818,847
### 814,892 886,474 872,746 982,668### 931,862 2,611,521 2,929,032 3,556,780
1. Construction 305,670 371,238 336,825 381,526
### 325,941 438,107 375,171 427,684
### 381,293 515,589 447,364 481,410### 433,176 1,395,259 1,566,901 1,825,655
2. Durable Equipment 276,903 225,808 259,330 234,580
### 281,082 232,877 294,627 321,240
### 369,676 310,304 366,850 422,377### 427,835 996,622 1,129,826 1,469,207
3. Breeding Stock &
Orchard Dev't 42,383 40,387 35,729 47,482
### 41,812 41,966 37,954 50,742
### 44,562 45,452 41,684 56,872
### 49,664 165,981 172,474 188,570
4. Intellectual Property Products 11,258 12,298 12,340 17,763
### 13,525 12,508 14,616 19,180
### 19,362 15,129 16,847 22,009
### 21,187 53,659 59,830 73,348
B. Changes in Inventories -34,767 -70,641 16,414 74,235
### -57,543 -94,499 14,008 35,188
### -18,676 -21,004 -24,361 23,456
### -3,377 -14,760 -102,847 -40,585

4. Exports 906,010 906,496 983,903 856,480

### 967,710 920,091 997,511 897,577
### 1,006,613 987,210 1,045,560 1,010,164
### 1,234,309 3,652,888 3,782,890 4,049,546
A. Exports of Goods 552,742 556,946 698,016 585,054
### 555,443 499,311 673,228 567,654
### 530,374 478,829 669,719 620,148 ### 677,594 2,392,758 2,295,636 2,299,070
B. Exports of Services 353,268 349,549 285,887 271,426
### 412,267 420,780 324,284 329,923
### 476,238 508,381 375,841 390,016 ### 556,716 1,260,130 1,487,254 1,750,476

5. Less : Imports 1,058,113 955,072 1,120,655 979,713

### 1,125,996 1,028,956 1,259,997 1,153,750
### 1,313,781 1,281,475 1,402,676 1,350,357
### 1,634,920 4,113,553 4,568,699 5,348,289
A. Imports of Goods 833,416 753,818 900,058 724,560
### 882,137 795,112 1,014,800 850,983 ### 1,030,415 986,230 1,132,119 1,037,741### 1,334,557 3,211,852 3,543,032 4,186,506
B. Imports of Services 224,697 201,254 220,597 255,153
### 243,858 233,845 245,197 302,767 ### 283,366 295,245 270,557 312,616 ### 300,364 901,701 1,025,667 1,161,783

6. Statistical Discrepancy -3,488 -16,918 -9,218 29,625

### -9,591 -13,216 -10,019 32,825
### -23,938 -35,953 34,484 25,407
### 3,773 0 0 0

GROSS DOMESTIC PRODUCT 2,883,296 3,138,872 3,040,203 3,571,815

### 3,038,416 3,320,649 3,186,443 3,776,533
### 3,273,665 3,617,503 3,485,941 4,103,611
### 3,577,547 12,634,187 13,322,041 14,480,720

Net Primary Income from the rest of the world 664,580 667,548 660,147 684,504
### 675,695 686,505 690,645 739,668
### 729,383 722,715 720,539 777,062
### 784,851 2,676,779 2,792,513 2,949,700

GROSS NATIONAL INCOME 3,547,876 3,806,420 3,700,350 4,256,319

### 3,714,111 4,007,154 3,877,088 4,516,201
### 4,003,048 4,340,218 4,206,480 4,880,674
### 4,362,398 15,310,966 16,114,554 17,430,420

=====================================================================================================================================================================================
Note : Net factor income from the rest of the world now includes interest payments on public debt in its outflow
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 2
Unit: In million pesos As of August 2017

TABLE 1B. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY EXPENDITURE SHARES
1ST QUARTER 2014 TO 1ST QUARTER 2017
AT CONSTANT 2000 PRICES

-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2014 2015 2016 2017 ANNUAL
TYPE OF EXPENDITURE Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2014 2015 2016
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. Household Final Consumption

Expenditure 1,161,413 1,212,129 1,172,823 1,406,601
### 1,231,569 1,289,816 1,245,137 1,500,110
### 1,319,504 1,386,543 1,334,259 1,592,470
### 1,395,777 4,952,967 5,266,632 5,632,776
2. Government Final Consumption Expenditure 185,150 219,520 168,902 155,332 ### 185,190 224,306 195,006 179,453 ### 207,094 254,478 201,066 187,509 ### 207,403 728,905 783,955 850,146

3. Capital Formation 370,000 315,383 386,550 481,095

### 428,218 405,739 445,505 558,970
### 563,048 528,482 542,332 640,930
### 622,873 1,553,029 1,838,432 2,274,792
A. Fixed Capital 373,777 358,928 379,782 427,784
### 425,258 406,410 442,632 526,235
### 545,594 529,750 555,250 623,767
### 625,577 1,540,271 1,800,535 2,254,361
1. Construction 135,039 163,895 152,551 180,735
### 142,200 190,379 167,601 201,622
### 163,707 224,398 199,071 220,299
### 181,396 632,219 701,802 807,476
2. Durable Equipment 202,714 163,093 194,348 203,004
### 244,205 183,124 237,186 274,218
### 335,642 268,227 312,335 346,337
### 392,280 763,159 938,733 1,262,541
3. Breeding Stock &
Orchard Dev't 26,106 22,467 18,336 30,386
### 26,126 22,987 18,997 31,176
### 27,108 23,815 19,579 32,343
### 27,942 97,295 99,286 102,846
4. Intellectual Property Products 9,918 9,473 14,547 13,660
### 12,727 9,920 18,847 19,219
### 19,136 13,309 24,265 24,788
### 23,960 47,598 60,713 81,498
B. Changes in Inventories -3,777 -43,545 6,769 53,310
### 2,960 -671 2,874 32,735
### 17,454 -1,267 -12,918 17,163
### -2,704 12,757 37,897 20,431

4. Exports 811,640 906,773 964,799 723,349

### 899,497 937,009 1,054,058 804,865
### 991,425 1,036,557 1,149,286 912,869
### 1,192,498 3,406,560 3,695,428 4,090,137
A. Exports of Goods 626,625 725,366 818,545 584,481
### 688,307 721,762 888,797 637,538
### 747,865 779,824 960,855 719,251
### 918,717 2,755,017 2,936,403 3,207,796
B. Exports of Services 185,015 181,407 146,255 138,867
### 211,191 215,247 165,261 167,327
### 243,561 256,733 188,431 193,617
### 273,781 651,544 759,025 882,341

5. Less : Imports 859,124 802,425 966,807 847,626

### 968,422 909,532 1,106,141 1,000,177
### 1,172,910 1,140,527 1,253,432 1,154,578
### 1,391,006 3,475,982 3,984,272 4,721,448
A. Imports of Goods 667,251 650,064 794,634 632,184
### 751,980 725,609 908,290 743,165 ### 931,838 916,190 1,036,277 896,373 ### 1,138,590 2,744,133 3,129,043 3,780,678
B. Imports of Services 191,874 152,361 172,173 215,442
### 216,443 183,923 197,851 257,012 ### 241,072 224,338 217,156 258,204 ### 252,416 731,849 855,229 940,770

6. Statistical Discrepancy 12,908 -17,534 -10,901 15,526

### -8,664 -2,674 -9,123 20,460
### -18,752 17,656 -19,029 20,125
### -17,255 0 0 0

GROSS DOMESTIC PRODUCT 1,681,987 1,833,846 1,715,368 1,934,277

### 1,767,389 1,944,664 1,824,442 2,063,680
### 1,889,409 2,083,189 1,954,481 2,199,324
### 2,010,290 7,165,478 7,600,175 8,126,403

Net Primary Income from the rest of the world 371,969 364,975 358,528 379,253
### 381,343 372,737 377,460 411,522
### 417,123 395,303 393,000 425,002
### 439,755 1,474,725 1,543,062 1,630,427

GROSS NATIONAL INCOME 2,053,956 2,198,820 2,073,896 2,313,530

### 2,148,732 2,317,401 2,201,903 2,475,202
### 2,306,532 2,478,492 2,347,481 2,624,326
### 2,450,045 8,640,203 9,143,238 9,756,831

=====================================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 8
Unit: In million pesos As of August 2017

TABLE 5A. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN
1ST QUARTER 2014 TO 1ST QUARTER 2017
AT CURRENT PRICES

-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2014 2015 2016 2017 ANNUAL
INDUSTRY Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2014 2015 2016
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. AGRI., HUNTING, FORESTRY AND FISHING 348,145 325,434 314,743 443,256

### 340,122 307,215 302,335 417,194
### 334,063 311,206 326,723 425,623
### 364,088 1,431,578 1,366,866 1,397,615
a. Agriculture and forestry 300,228 280,670 262,926 392,249
### 294,678 261,719 248,759 367,932
### 291,259 268,384 275,300 377,876
### 317,486 1,236,073 1,173,088 1,212,818
b. Fishing 47,917 44,764 51,816 51,007
### 45,444 45,496 53,576 49,263
### 42,804 42,822 51,423 47,747
### 46,601 195,504 193,778 184,796

2. INDUSTRY SECTOR 916,983 965,811 900,230 1,175,770

### 955,698 1,014,084 911,482 1,234,758
### 1,025,086 1,094,681 1,002,089 1,342,596
### 1,114,197 3,958,794 4,116,022 4,464,453
a. Mining & Quarrying 34,149 39,639 30,055 26,349
### 28,906 29,347 24,846 25,009
### 29,760 27,753 29,778 27,026
### 30,702 130,192 108,109 114,317
b. Manufacturing 603,518 579,148 584,913 836,065### 631,576 589,112 579,185 869,348### 663,990 624,394 617,912 938,630 ### 720,777 2,603,644 2,669,222 2,844,927
c. Construction 176,584 218,527 190,763 217,005### 188,131 261,991 211,805 242,583### 219,391 302,453 253,158 274,670 ### 245,841 802,880 904,510 1,049,671
d. Electricity, Gas and Water Supply 102,732 128,497 94,498 96,351
### 107,085 133,633 95,645 97,818
### 111,945 140,082 101,241 102,270 ### 116,877 422,078 434,181 455,538

3. SERVICE SECTOR 1,618,168 1,847,627 1,825,230 1,952,789

### 1,742,597 1,999,350 1,972,626 2,124,580
### 1,914,515 2,211,616 2,157,128 2,335,392
### 2,099,263 7,243,815 7,839,154 8,618,652
a. Transport, Storage & Communication 186,265 211,757 182,447 204,412 ### 204,831 230,315 197,598 223,307 ### 216,812 247,379 209,255 239,653 ### 230,024 784,881 856,051 913,100
b. Trade and Repair of Motor Vehicles,
Motorcycles, Personal and
Household Goods 469,047 544,862 599,733 631,095
### 500,618 584,661 648,888 677,929
### 544,464 650,338 708,149 740,438
### 601,965 2,244,736 2,412,096 2,643,389
c. Financial Intermediation 237,413 261,644 239,792 250,045
### 253,682 281,385 254,183 274,419
### 281,446 305,347 281,349 296,576
### 310,512 988,894 1,063,668 1,164,718
d. R. Estate, Renting & Business Activities 350,680 390,378 396,634 404,082
### 385,728 426,544 438,525 447,282
### 433,065 475,038 490,274 500,520
### 474,788 1,541,775 1,698,079 1,898,897
e. Public Administration & Defense;
Compulsory Social Security 101,181 136,435 122,230 140,843
### 97,827 136,578 126,366 152,222
### 109,386 152,552 133,941 179,814
### 121,131 500,690 512,992 575,693
f. Other Services 273,583 302,551 284,394 322,312
### 299,912 339,866 307,066 349,423
### 329,342 380,961 334,160 378,392
### 360,842 1,182,840 1,296,268 1,422,855

GROSS DOMESTIC PRODUCT 2,883,296 3,138,872 3,040,203 3,571,815

### 3,038,416 3,320,649 3,186,443 3,776,533
### 3,273,665 3,617,503 3,485,941 4,103,611
### 3,577,547 12,634,187 13,322,041 14,480,720

Net Primary Income from the rest of the world 664,580 667,548 660,147 684,504
### 675,695 686,505 690,645 739,668
### 729,383 722,715 720,539 777,062
### 784,851 2,676,779 2,792,513 2,949,700

GROSS NATIONAL INCOME 3,547,876 3,806,420 3,700,350 4,256,319

### 3,714,111 4,007,154 3,877,088 4,516,201
### 4,003,048 4,340,218 4,206,480 4,880,674
### 4,362,398 15,310,966 16,114,554 17,430,420

=====================================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 9
Unit: In million pesos As of August 2017

TABLE 5B. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN
1ST QUARTER 2014 TO 1ST QUARTER 2017
AT CONSTANT 2000 PRICES

-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2014 2015 2016 2017 ANNUAL
INDUSTRY Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2014 2015 2016
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. AGRI., HUNTING, FORESTRY AND FISHING 179,683 166,993 155,800 216,321

### 181,413 166,892 155,638 215,799
### 173,621 163,623 160,237 213,029
### 182,100 718,797 719,742 710,510
a. Agriculture and forestry 149,869 138,103 124,803 175,228
### 152,455 138,013 124,642 176,160
### 146,369 136,241 130,055 174,889
### 154,531 588,004 591,269 587,555
b. Fishing 29,814 28,890 30,997 41,093
### 28,958 28,879 30,997 39,640
### 27,251 27,383 30,182 38,139
### 27,569 130,794 128,473 122,955

2. INDUSTRY SECTOR 561,261 614,566 558,122 657,319

### 592,372 654,569 594,663 703,806
### 647,375 704,450 646,904 759,618
### 688,276 2,391,268 2,545,411 2,758,346
a. Mining & Quarrying 21,674 30,307 16,368 13,346
### 21,135 27,706 16,449 15,209
### 23,544 26,597 16,120 16,852
### 19,317 81,695 80,500 83,112
b. Manufacturing 400,802 414,742 378,608 472,363
### 424,988 434,160 400,662 501,178
### 459,043 461,133 427,977 536,167
### 493,824 1,666,514 1,760,989 1,884,320
c. Construction 87,323 108,954 98,541 114,460
### 91,803 129,459 107,970 127,700
### 104,813 146,964 126,560 141,360
### 114,231 409,277 456,932 519,697
d. Electricity, Gas and Water Supply 51,462 60,563 64,605 57,150
### 54,446 63,244 69,582 59,719
### 59,975 69,756 76,246 65,240
### 60,903 233,781 246,990 271,218

3. SERVICE SECTOR 941,044 1,052,287 1,001,445 1,060,637

### 993,604 1,123,203 1,074,141 1,144,074
### 1,068,413 1,215,116 1,147,340 1,226,677
### 1,139,914 4,055,413 4,335,022 4,657,547
a. Transport, Storage & Communication 130,050 144,019 119,066 144,909 ### 140,956 153,595 128,651 158,088 ### 148,380 164,419 134,551 168,233 ### 154,538 538,044 581,289 615,583
b. Trade and Repair of Motor Vehicles,
Motorcycles, Personal and
Household Goods 255,154 288,374 312,034 330,248
### 270,314 307,620 338,276 354,316
### 290,658 334,929 359,656 377,393
### 312,245 1,185,810 1,270,526 1,362,635
c. Financial Intermediation 125,519 136,690 124,033 129,243
### 130,949 144,619 130,698 140,448
### 143,651 154,558 141,816 148,144
### 153,670 515,484 546,714 588,169
d. R. Estate, Renting & Business Activities 181,217 208,709 204,541 203,614
### 192,635 222,286 220,491 219,335
### 209,402 241,765 240,150 239,238
### 224,353 798,081 854,747 930,555
e. Public Administration & Defense;
Compulsory Social Security 68,964 83,412 71,217 70,257
### 66,215 82,787 73,057 75,390
### 69,656 88,087 75,731 85,426
### 73,501 293,850 297,449 318,900
f. Other Services 180,140 191,084 170,554 182,366
### 192,535 212,298 182,968 196,497
### 206,666 231,359 195,437 208,242
### 221,607 724,144 784,297 841,704

GROSS DOMESTIC PRODUCT 1,681,987 1,833,846 1,715,368 1,934,277

### 1,767,389 1,944,664 1,824,442 2,063,680
### 1,889,409 2,083,189 1,954,481 2,199,324
### 2,010,290 7,165,478 7,600,175 8,126,403

Net Primary Income from the rest of the world 371,969 364,975 358,528 379,253
### 381,343 372,737 377,460 411,522
### 417,123 395,303 393,000 425,002
### 439,755 1,474,725 1,543,062 1,630,427

GROSS NATIONAL INCOME 2,053,956 2,198,820 2,073,896 2,313,530

### 2,148,732 2,317,401 2,201,903 2,475,202
### 2,306,532 2,478,492 2,347,481 2,624,326
### 2,450,045 8,640,203 9,143,238 9,756,831

=====================================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 3
Unit: In Percent As of August 2017

TABLE 2A. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY EXPENDITURE SHARES
1ST QUARTER 2014 TO 1ST QUARTER 2017
AT CURRENT PRICES
Percent Distribution
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2014 2015 2016 2017 ANNUAL
TYPE OF EXPENDITURE Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2014 2015 2016
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. Household Final Consumption

Expenditure 60.1 58.9 59.7 60.6
### 61.7 60.3 60.7 61.2
### 61.4 60.4 61.2 61.5
### 61.5 59.9 61.0 61.1
2. Government Final Consumption Expenditure 8.6 10.1 8.6 7.7
### 8.4 9.9 9.5 8.4
### 8.7 10.7 9.2 8.4
### 8.3 8.7 9.0 9.2

3. Capital Formation 17.0 15.2 17.9 17.8

### 16.3 15.7 19.0 18.9
### 19.9 19.9 20.2 20.6
### 21.3 17.0 17.5 20.2
A. Fixed Capital 17.9 17.1 17.4 16.0
### 17.8 18.1 18.6 18.1
### 20.4 20.4 20.7 20.1
### 21.4 17.1 18.2 20.4
1. Construction 8.6 9.8 9.1 9.0
### 8.8 10.9 9.7 9.5
### 9.5 11.9 10.6 9.9
### 9.9 9.1 9.7 10.5
2. Durable Equipment 7.8 5.9 7.0 5.5
### 7.6 5.8 7.6 7.1
### 9.2 7.1 8.7 8.7
### 9.8 6.5 7.0 8.4
3. Breeding Stock &
Orchard Dev't 1.2 1.1 1.0 1.1
### 1.1 1.0 1.0 1.1
### 1.1 1.0 1.0 1.2
### 1.1 1.1 1.1 1.1
4. Intellectual Property Products 0.3 0.3 0.3 0.4
### 0.4 0.3 0.4 0.4
### 0.5 0.3 0.4 0.5
### 0.5 0.4 0.4 0.4

4. Exports 25.5 23.8 26.6 20.1

### 26.1 23.0 25.7 19.9
### 25.1 22.7 24.9 20.7
### 28.3 23.9 23.5 23.2
A. Exports of Goods 15.6 14.6 18.9 13.7
### 15.0 12.5 17.4 12.6
### 13.2 11.0 15.9 12.7
### 15.5 15.6 14.2 13.2
B. Exports of Services 10.0 9.2 7.7 6.4
### 11.1 10.5 8.4 7.3
### 11.9 11.7 8.9 8.0
### 12.8 8.2 9.2 10.0

5. Less : Imports 29.8 25.1 30.3 23.0

### 30.3 25.7 32.5 25.5
### 32.8 29.5 33.3 27.7
### 37.5 26.9 28.4 30.7
A. Imports of Goods 23.5 19.8 24.3 17.0
### 23.8 19.8 26.2 18.8
### 25.7 22.7 26.9 21.3
### 30.6 21.0 22.0 24.0
B. Imports of Services 6.3 5.3 6.0 6.0
### 6.6 5.8 6.3 6.7
### 7.1 6.8 6.4 6.4
### 6.9 5.9 6.4 6.7

GROSS DOMESTIC PRODUCT 81.3 82.5 82.2 83.9

### 81.8 82.9 82.2 83.6
### 81.8 83.3 82.9 84.1
### 82.0 82.5 82.7 83.1

GROSS NATIONAL INCOME 100.0 100.0 100.0 100.0

### 100.0 100.0 100.0 100.0
### 100.0 100.0 100.0 100.0
### 100.0 100.0 100.0 100.0

=====================================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 4
Unit: In Percent As of August 2017

TABLE 2B. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY EXPENDITURE SHARES
1ST QUARTER 2014 TO 1ST QUARTER 2017
AT CONSTANT 2000 PRICES
Percent Distribution
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2014 2015 2016 2017 ANNUAL
TYPE OF EXPENDITURE Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2014 2015 2016
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. Household Final Consumption

Expenditure 56.5 55.1 56.6 60.8
### 57.3 55.7 56.5 60.6
### 57.2 55.9 56.8 60.7
### 57.0 57.3 57.6 57.7
2. Government Final Consumption Expenditure 9.0 10.0 8.1 6.7
### 8.6 9.7 8.9 7.3
### 9.0 10.3 8.6 7.1
### 8.5 8.4 8.6 8.7

3. Capital Formation 18.0 14.3 18.6 20.8

### 19.9 17.5 20.2 22.6
### 24.4 21.3 23.1 24.4
### 25.4 18.0 20.1 23.3
A. Fixed Capital 18.2 16.3 18.3 18.5
### 19.8 17.5 20.1 21.3
### 23.7 21.4 23.7 23.8
### 25.5 17.8 19.7 23.1
1. Construction 6.6 7.5 7.4 7.8
### 6.6 8.2 7.6 8.1
### 7.1 9.1 8.5 8.4
### 7.4 7.3 7.7 8.3
2. Durable Equipment 9.9 7.4 9.4 8.8
### 11.4 7.9 10.8 11.1
### 14.6 10.8 13.3 13.2
### 16.0 8.8 10.3 12.9
3. Breeding Stock &
Orchard Dev't 1.3 1.0 0.9 1.3
### 1.2 1.0 0.9 1.3
### 1.2 1.0 0.8 1.2
### 1.1 1.1 1.1 1.1
4. Intellectual Property Products 0.5 0.4 0.7 0.6
### 0.6 0.4 0.9 0.8
### 0.8 0.5 1.0 0.9
### 1.0 0.6 0.7 0.8

4. Exports 39.5 41.2 46.5 31.3

### 41.9 40.4 47.9 32.5
### 43.0 41.8 49.0 34.8
### 48.7 39.4 40.4 41.9
A. Exports of Goods 30.5 33.0 39.5 25.3
### 32.0 31.1 40.4 25.8
### 32.4 31.5 40.9 27.4
### 37.5 31.9 32.1 32.9
B. Exports of Services 9.0 8.3 7.1 6.0
### 9.8 9.3 7.5 6.8
### 10.6 10.4 8.0 7.4
### 11.2 7.5 8.3 9.0

5. Less : Imports 41.8 36.5 46.6 36.6

### 45.1 39.2 50.2 40.4
### 50.9 46.0 53.4 44.0
### 56.8 40.2 43.6 48.4
A. Imports of Goods 32.5 29.6 38.3 27.3
### 35.0 31.3 41.3 30.0
### 40.4 37.0 44.1 34.2
### 46.5 31.8 34.2 38.7
B. Imports of Services 9.3 6.9 8.3 9.3
### 10.1 7.9 9.0 10.4
### 10.5 9.1 9.3 9.8
### 10.3 8.5 9.4 9.6

GROSS DOMESTIC PRODUCT 81.9 83.4 82.7 83.6

### 82.3 83.9 82.9 83.4
### 81.9 84.1 83.3 83.8
### 82.1 82.9 83.1 83.3

GROSS NATIONAL INCOME 100.0 100.0 100.0 100.0

### 100.0 100.0 100.0 100.0
### 100.0 100.0 100.0 100.0
### 100.0 100.0 100.0 100.0

=====================================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 5
Unit: In Percent As of August 2017

TABLE 3A. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY EXPENDITURE SHARES
1ST QUARTER 2014 TO 1ST QUARTER 2017
AT CURRENT PRICES
Growth Rates
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14-15 15-16 16-17 ANNUAL
TYPE OF EXPENDITURE Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 14-15 15-16
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. Household Final Consumption

Expenditure 7.4 7.7 6.6 7.1
### 7.3 8.4 9.3 8.5
### 9.2 7.2 8.4
2. Government Final Consumption Expenditure 1.8 3.4 15.9 16.0
### 12.6 16.9 5.2 7.9
### 3.4 9.1 10.7

3. Capital Formation 0.6 9.0 11.5 13.0

### 31.6 37.2 15.2 17.8
### 16.6 8.8 24.4
A. Fixed Capital 4.1 11.7 12.1 20.2
### 23.0 22.2 20.8 20.0
### 14.4 12.2 21.4
1. Construction 6.6 18.0 11.4 12.1
### 17.0 17.7 19.2 12.6
### 13.6 12.3 16.5
2. Durable Equipment 1.5 3.1 13.6 36.9
### 31.5 33.2 24.5 31.5
### 15.7 13.4 30.0
3. Breeding Stock &
Orchard Dev't -1.3 3.9 6.2 6.9
### 6.6 8.3 9.8 12.1
### 11.5 3.9 9.3
4. Intellectual Property Products 20.1 1.7 18.4 8.0
### 43.2 21.0 15.3 14.7
### 9.4 11.5 22.6

4. Exports 6.8 1.5 1.4 4.8

### 4.0 7.3 4.8 12.5
### 22.6 3.6 7.0
A. Exports of Goods 0.5 -10.3 -3.6 -3.0
### -4.5 -4.1 -0.5 9.2
### 27.8 -4.1 0.1
B. Exports of Services 16.7 20.4 13.4 21.6
### 15.5 20.8 15.9 18.2
### 16.9 18.0 17.7

5. Less : Imports 6.4 7.7 12.4 17.8

### 16.7 24.5 11.3 17.0
### 24.4 11.1 17.1
A. Imports of Goods 5.8 5.5 12.7 17.4
### 16.8 24.0 11.6 21.9
### 29.5 10.3 18.2
B. Imports of Services 8.5 16.2 11.2 18.7
### 16.2 26.3 10.3 3.3
### 6.0 13.7 13.3

GROSS DOMESTIC PRODUCT 5.4 5.8 4.8 5.7

### 7.7 8.9 9.4 8.7
### 9.3 5.4 8.7

GROSS NATIONAL INCOME 4.7 5.3 4.8 6.1

### 7.8 8.3 8.5 8.1
### 9.0 5.2 8.2

===========================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 6
Unit: In Percent As of August 2017

TABLE 3B. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY EXPENDITURE SHARES
1ST QUARTER 2014 TO 1ST QUARTER 2017
AT CONSTANT 2000 PRICES
Growth Rates
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14-15 15-16 16-17 ANNUAL
TYPE OF EXPENDITURE Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 14-15 15-16
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. Household Final Consumption

Expenditure 6.0 6.4 6.2 6.6
### 7.1 7.5 7.2 6.2
### 5.8 6.3 7.0
2. Government Final Consumption Expenditure 0.0 2.2 15.5 15.5
### 11.8 13.5 3.1 4.5
### 0.1 7.6 8.4

3. Capital Formation 15.7 28.6 15.3 16.2

### 31.5 30.3 21.7 14.7
### 10.6 18.4 23.7
A. Fixed Capital 13.8 13.2 16.5 23.0
### 28.3 30.3 25.4 18.5
### 14.7 16.9 25.2
1. Construction 5.3 16.2 9.9 11.6
### 15.1 17.9 18.8 9.3
### 10.8 11.0 15.1
2. Durable Equipment 20.5 12.3 22.0 35.1
### 37.4 46.5 31.7 26.3
### 16.9 23.0 34.5
3. Breeding Stock &
Orchard Dev't 0.1 2.3 3.6 2.6
### 3.8 3.6 3.1 3.7
### 3.1 2.0 3.6
4. Intellectual Property Products 28.3 4.7 29.6 40.7
### 50.4 34.2 28.7 29.0
### 25.2 27.6 34.2

4. Exports 10.8 3.3 9.3 11.3

### 10.2 10.6 9.0 13.4
### 20.3 8.5 10.7
A. Exports of Goods 9.8 -0.5 8.6 9.1
### 8.7 8.0 8.1 12.8
### 22.8 6.6 9.2
B. Exports of Services 14.1 18.7 13.0 20.5
### 15.3 19.3 14.0 15.7
### 12.4 16.5 16.2

5. Less : Imports 12.7 13.3 14.4 18.0

### 21.1 25.4 13.3 15.4
### 18.6 14.6 18.5
A. Imports of Goods 12.7 11.6 14.3 17.6
### 23.9 26.3 14.1 20.6
### 22.2 14.0 20.8
B. Imports of Services 12.8 20.7 14.9 19.3
### 11.4 22.0 9.8 0.5
### 4.7 16.9 10.0

GROSS DOMESTIC PRODUCT 5.1 6.0 6.4 6.7

### 6.9 7.1 7.1 6.6
### 6.4 6.1 6.9

GROSS NATIONAL INCOME 4.6 5.4 6.2 7.0

### 7.3 7.0 6.6 6.0
### 6.2 5.8 6.7

===========================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 7
Base Year: 2000 As of August 2017

TABLE 4. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY EXPENDITURE SHARES
1ST QUARTER 2014 TO 1ST QUARTER 2017
Implicit Price Index

-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2014 2015 2016 2017 ANNUAL
TYPE OF EXPENDITURE Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2014 2015 2016
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. Household Final Consumption

Expenditure 183.6 185.0 188.2 183.5
### 186.0 187.3 189.1 184.3
### 186.4 188.9 192.8 188.4
### 192.3 185.0 186.6 189.1
2. Government Final Consumption Expenditure 164.7 174.5 188.2 211.5
### 167.6 176.5 188.9 212.4
### 168.7 181.8 192.8 219.5
### 174.2 183.1 185.7 189.5

3. Capital Formation 162.6 183.6 170.9 157.1

### 141.2 155.5 165.3 152.8
### 141.4 163.8 156.4 157.0
### 149.1 167.2 153.7 154.6
A. Fixed Capital 170.2 181.0 169.6 159.3
### 155.8 178.5 163.2 155.6
### 149.4 167.3 157.2 157.5
### 149.0 169.5 162.7 157.8
1. Construction 226.4 226.5 220.8 211.1
### 229.2 230.1 223.8 212.1
### 232.9 229.8 224.7 218.5
### 238.8 220.7 223.3 226.1
2. Durable Equipment 136.6 138.5 133.4 115.6
### 115.1 127.2 124.2 117.1
### 110.1 115.7 117.5 122.0
### 109.1 130.6 120.4 116.4
3. Breeding Stock &
Orchard Dev't 162.3 179.8 194.9 156.3
### 160.0 182.6 199.8 162.8
### 164.4 190.9 212.9 175.8
### 177.7 170.6 173.7 183.4
4. Intellectual Property Products 113.5 129.8 84.8 130.0
### 106.3 126.1 77.6 99.8
### 101.2 113.7 69.4 88.8
### 88.4 112.7 98.5 90.0

4. Exports 111.6 100.0 102.0 118.4

### 107.6 98.2 94.6 111.5
### 101.5 95.2 91.0 110.7
### 103.5 107.2 102.4 99.0
A. Exports of Goods 88.2 76.8 85.3 100.1
### 80.7 69.2 75.7 89.0
### 70.9 61.4 69.7 86.2
### 73.8 86.9 78.2 71.7
B. Exports of Services 190.9 192.7 195.5 195.5
### 195.2 195.5 196.2 197.2
### 195.5 198.0 199.5 201.4
### 203.3 193.4 195.9 198.4

5. Less : Imports 123.2 119.0 115.9 115.6

### 116.3 113.1 113.9 115.4
### 112.0 112.4 111.9 117.0
### 117.5 118.3 114.7 113.3
A. Imports of Goods 124.9 116.0 113.3 114.6
### 117.3 109.6 111.7 114.5
### 110.6 107.6 109.2 115.8
### 117.2 117.0 113.2 110.7
B. Imports of Services 117.1 132.1 128.1 118.4
### 112.7 127.1 123.9 117.8
### 117.5 131.6 124.6 121.1
### 119.0 123.2 119.9 123.5

GROSS DOMESTIC PRODUCT 171.4 171.2 177.2 184.7

### 171.9 170.8 174.7 183.0
### 173.3 173.7 178.4 186.6
### 178.0 176.3 175.3 178.2

GROSS NATIONAL INCOME 172.7 173.1 178.4 184.0

### 172.9 172.9 176.1 182.5
### 173.6 175.1 179.2 186.0
### 178.1 177.2 176.2 178.6

=====================================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 10
Unit: In Percent As of August 2017

TABLE 6A. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN
1ST QUARTER 2014 TO 1ST QUARTER 2017
AT CURRENT PRICES
Percent Distribution
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2014 2015 2016 2017 ANNUAL
INDUSTRY Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2014 2015 2016
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. AGRI., HUNTING, FORESTRY AND FISHING 9.8 8.5 8.5 10.4

### 9.2 7.7 7.8 9.2
### 8.3 7.2 7.8 8.7
### 8.3 9.4 8.5 8.0
a. Agriculture and forestry 8.5 7.4 7.1 9.2
### 7.9 6.5 6.4 8.1
### 7.3 6.2 6.5 7.7
### 7.3 8.1 7.3 7.0
b. Fishing 1.4 1.2 1.4 1.2
### 1.2 1.1 1.4 1.1
### 1.1 1.0 1.2 1.0
### 1.1 1.3 1.2 1.1

2. INDUSTRY SECTOR 25.8 25.4 24.3 27.6

### 25.7 25.3 23.5 27.3
### 25.6 25.2 23.8 27.5
### 25.5 25.9 25.5 25.6
a. Mining & Quarrying 1.0 1.0 0.8 0.6
### 0.8 0.7 0.6 0.6
### 0.7 0.6 0.7 0.6
### 0.7 0.9 0.7 0.7
b. Manufacturing 17.0 15.2 15.8 19.6
### 17.0 14.7 14.9 19.2
### 16.6 14.4 14.7 19.2
### 16.5 17.0 16.6 16.3
c. Construction 5.0 5.7 5.2 5.1
### 5.1 6.5 5.5 5.4
### 5.5 7.0 6.0 5.6
### 5.6 5.2 5.6 6.0
d. Electricity, Gas and Water Supply 2.9 3.4 2.6 2.3
### 2.9 3.3 2.5 2.2
### 2.8 3.2 2.4 2.1
### 2.7 2.8 2.7 2.6

3. SERVICE SECTOR 45.6 48.5 49.3 45.9

### 46.9 49.9 50.9 47.0
### 47.8 51.0 51.3 47.8
### 48.1 47.3 48.6 49.4
a. Transport, Storage & Communication 5.3 5.6 4.9 4.8
### 5.5 5.7 5.1 4.9
### 5.4 5.7 5.0 4.9
### 5.3 5.1 5.3 5.2

b. Trade and Repair of Motor Vehicles,

Motorcycles, Personal and
Household Goods 13.2 14.3 16.2 14.8
### 13.5 14.6 16.7 15.0
### 13.6 15.0 16.8 15.2
### 13.8 14.7 15.0 15.2
c. Financial Intermediation 6.7 6.9 6.5 5.9
### 6.8 7.0 6.6 6.1
### 7.0 7.0 6.7 6.1
### 7.1 6.5 6.6 6.7
d. R. Estate, Renting & Business Activities 9.9 10.3 10.7 9.5
### 10.4 10.6 11.3 9.9
### 10.8 10.9 11.7 10.3
### 10.9 10.1 10.5 10.9
e. Public Administration & Defense;
Compulsory Social Security 2.9 3.6 3.3 3.3
### 2.6 3.4 3.3 3.4
### 2.7 3.5 3.2 3.7
### 2.8 3.3 3.2 3.3
f. Other Services 7.7 7.9 7.7 7.6
### 8.1 8.5 7.9 7.7
### 8.2 8.8 7.9 7.8
### 8.3 7.7 8.0 8.2

GROSS DOMESTIC PRODUCT 81.3 82.5 82.2 83.9

### 81.8 82.9 82.2 83.6
### 81.8 83.3 82.9 84.1
### 82.0 82.5 82.7 83.1

GROSS NATIONAL INCOME 100.0 100.0 100.0 100.0

### 100.0 100.0 100.0 100.0
### 100.0 100.0 100.0 100.0
### 100.0 100.0 100.0 100.0

=====================================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 11
Unit: In Percent As of August 2017

TABLE 6B. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN
1ST QUARTER 2014 TO 1ST QUARTER 2017
AT CONSTANT 2000 PRICES
Percent Distribution
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2014 2015 2016 2017 ANNUAL
INDUSTRY Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2014 2015 2016
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. AGRI., HUNTING, FORESTRY AND FISHING 8.7 7.6 7.5 9.4

### 8.4 7.2 7.1 8.7
### 7.5 6.6 6.8 8.1
### 7.4 8.3 7.9 7.3
a. Agriculture and forestry 7.3 6.3 6.0 7.6
### 7.1 6.0 5.7 7.1
### 6.3 5.5 5.5 6.7
### 6.3 6.8 6.5 6.0
b. Fishing 1.5 1.3 1.5 1.8
### 1.3 1.2 1.4 1.6
### 1.2 1.1 1.3 1.5
### 1.1 1.5 1.4 1.3

2. INDUSTRY SECTOR 27.3 27.9 26.9 28.4

### 27.6 28.2 27.0 28.4
### 28.1 28.4 27.6 28.9
### 28.1 27.7 27.8 28.3
a. Mining & Quarrying 1.1 1.4 0.8 0.6
### 1.0 1.2 0.7 0.6
### 1.0 1.1 0.7 0.6
### 0.8 0.9 0.9 0.9
b. Manufacturing 19.5 18.9 18.3 20.4
### 19.8 18.7 18.2 20.2
### 19.9 18.6 18.2 20.4
### 20.2 19.3 19.3 19.3
c. Construction 4.3 5.0 4.8 4.9
### 4.3 5.6 4.9 5.2
### 4.5 5.9 5.4 5.4
### 4.7 4.7 5.0 5.3
d. Electricity, Gas and Water Supply 2.5 2.8 3.1 2.5
### 2.5 2.7 3.2 2.4
### 2.6 2.8 3.2 2.5
### 2.5 2.7 2.7 2.8

3. SERVICE SECTOR 45.8 47.9 48.3 45.8

### 46.2 48.5 48.8 46.2
### 46.3 49.0 48.9 46.7
### 46.5 46.9 47.4 47.7
a. Transport, Storage & Communication 6.3 6.5 5.7 6.3
### 6.6 6.6 5.8 6.4
### 6.4 6.6 5.7 6.4
### 6.3 6.2 6.4 6.3
b. Trade and Repair of Motor Vehicles,
Motorcycles, Personal and
Household Goods 12.4 13.1 15.0 14.3
### 12.6 13.3 15.4 14.3
### 12.6 13.5 15.3 14.4
### 12.7 13.7 13.9 14.0
c. Financial Intermediation 6.1 6.2 6.0 5.6
### 6.1 6.2 5.9 5.7
### 6.2 6.2 6.0 5.6
### 6.3 6.0 6.0 6.0
d. R. Estate, Renting & Business Activities 8.8 9.5 9.9 8.8
### 9.0 9.6 10.0 8.9
### 9.1 9.8 10.2 9.1
### 9.2 9.2 9.3 9.5
e. Public Administration & Defense;
Compulsory Social Security 3.4 3.8 3.4 3.0
### 3.1 3.6 3.3 3.0
### 3.0 3.6 3.2 3.3
### 3.0 3.4 3.3 3.3
f. Other Services 8.8 8.7 8.2 7.9
### 9.0 9.2 8.3 7.9
### 9.0 9.3 8.3 7.9
### 9.0 8.4 8.6 8.6

GROSS DOMESTIC PRODUCT 81.9 83.4 82.7 83.6

### 82.3 83.9 82.9 83.4
### 81.9 84.1 83.3 83.8
### 82.1 82.9 83.1 83.3

GROSS NATIONAL INCOME 100.0 100.0 100.0 100.0

### 100.0 100.0 100.0 100.0
### 100.0 100.0 100.0 100.0
### 100.0 100.0 100.0 100.0

=====================================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 12
Unit: In Percent As of August 2017

TABLE 7A. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN
1ST QUARTER 2014 TO 1ST QUARTER 2017
AT CURRENT PRICES
Growth Rates
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14-15 15-16 16-17 ANNUAL
INDUSTRY Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 14-15 15-16
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. AGRI., HUNTING, FORESTRY AND FISHING -2.3 -5.6 -3.9 -5.9

### -1.8 1.3 8.1 2.0
### 9.0 -4.5 2.2
a. Agriculture and forestry -1.8 -6.8 -5.4 -6.2
### -1.2 2.5 10.7 2.7
### 9.0 -5.1 3.4
b. Fishing -5.2 1.6 3.4 -3.4
### -5.8 -5.9 -4.0 -3.1
### 8.9 -0.9 -4.6

2. INDUSTRY SECTOR 4.2 5.0 1.2 5.0

### 7.3 7.9 9.9 8.7
### 8.7 4.0 8.5
a. Mining & Quarrying -15.4 -26.0 -17.3 -5.1
### 3.0 -5.4 19.8 8.1
### 3.2 -17.0 5.7
b. Manufacturing 4.6 1.7 -1.0 4.0
### 5.1 6.0 6.7 8.0
### 8.6 2.5 6.6
c. Construction 6.5 19.9 11.0 11.8
### 16.6 15.4 19.5 13.2
### 12.1 12.7 16.0
d. Electricity, Gas and Water Supply 4.2 4.0 1.2 1.5
### 4.5 4.8 5.9 4.6
### 4.4 2.9 4.9

3. SERVICE SECTOR 7.7 8.2 8.1 8.8

### 9.9 10.6 9.4 9.9
### 9.6 8.2 9.9
a. Transport, Storage & Communication 10.0 8.8 8.3 9.2
### 5.8 7.4 5.9 7.3
### 6.1 9.1 6.7
b. Trade and Repair of Motor Vehicles,
Motorcycles, Personal and
Household Goods 6.7 7.3 8.2 7.4
### 8.8 11.2 9.1 9.2
### 10.6 7.5 9.6
c. Financial Intermediation 6.9 7.5 6.0 9.7
### 10.9 8.5 10.7 8.1
### 10.3 7.6 9.5
d. R. Estate, Renting & Business Activities 10.0 9.3 10.6 10.7
### 12.3 11.4 11.8 11.9
### 9.6 10.1 11.8
e. Public Administration & Defense;
Compulsory Social Security -3.3 0.1 3.4 8.1
### 11.8 11.7 6.0 18.1
### 10.7 2.5 12.2
f. Other Services 9.6 12.3 8.0 8.4
### 9.8 12.1 8.8 8.3
### 9.6 9.6 9.8

GROSS DOMESTIC PRODUCT 5.4 5.8 4.8 5.7

### 7.7 8.9 9.4 8.7
### 9.3 5.4 8.7

GROSS NATIONAL INCOME 4.7 5.3 4.8 6.1

### 7.8 8.3 8.5 8.1
### 9.0 5.2 8.2

===========================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 13
Unit: In Percent As of August 2017

TABLE 7B. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN
1ST QUARTER 2014 TO 1ST QUARTER 2017
AT CONSTANT 2000 PRICES
Growth Rates
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14-15 15-16 16-17 ANNUAL
INDUSTRY Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 14-15 15-16
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. AGRI., HUNTING, FORESTRY AND FISHING 1.0 -0.1 -0.1 -0.2

### -4.3 -2.0 3.0 -1.3
### 4.9 0.1 -1.3
a. Agriculture and forestry 1.7 -0.1 -0.1 0.5
### -4.0 -1.3 4.3 -0.7
### 5.6 0.6 -0.6
b. Fishing -2.9 0.0 0.0 -3.5
### -5.9 -5.2 -2.6 -3.8
### 1.2 -1.8 -4.3

2. INDUSTRY SECTOR 5.5 6.5 6.5 7.1

### 9.3 7.6 8.8 7.9
### 6.3 6.4 8.4
a. Mining & Quarrying -2.5 -8.6 0.5 14.0
### 11.4 -4.0 -2.0 10.8
### -18.0 -1.5 3.2
b. Manufacturing 6.0 4.7 5.8 6.1
### 8.0 6.2 6.8 7.0
### 7.6 5.7 7.0
c. Construction 5.1 18.8 9.6 11.6
### 14.2 13.5 17.2 10.7
### 9.0 11.6 13.7
d. Electricity, Gas and Water Supply 5.8 4.4 7.7 4.5
### 10.2 10.3 9.6 9.2
### 1.5 5.7 9.8

3. SERVICE SECTOR 5.6 6.7 7.3 7.9

### 7.5 8.2 6.8 7.2
### 6.7 6.9 7.4
a. Transport, Storage & Communication 8.4 6.6 8.0 9.1
### 5.3 7.0 4.6 6.4
### 4.2 8.0 5.9
b. Trade and Repair of Motor Vehicles,
Motorcycles, Personal and
Household Goods 5.9 6.7 8.4 7.3
### 7.5 8.9 6.3 6.5
### 7.4 7.1 7.2
c. Financial Intermediation 4.3 5.8 5.4 8.7
### 9.7 6.9 8.5 5.5
### 7.0 6.1 7.6
d. R. Estate, Renting & Business Activities 6.3 6.5 7.8 7.7
### 8.7 8.8 8.9 9.1
### 7.1 7.1 8.9
e. Public Administration & Defense;
Compulsory Social Security -4.0 -0.7 2.6 7.3
### 5.2 6.4 3.7 13.3
### 5.5 1.2 7.2
f. Other Services 6.9 11.1 7.3 7.7
### 7.3 9.0 6.8 6.0
### 7.2 8.3 7.3

GROSS DOMESTIC PRODUCT 5.1 6.0 6.4 6.7

### 6.9 7.1 7.1 6.6
### 6.4 6.1 6.9

GROSS NATIONAL INCOME 4.6 5.4 6.2 7.0

### 7.3 7.0 6.6 6.0
### 6.2 5.8 6.7

===========================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 14
Base Year: 2000 As of August 2017

TABLE 8. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN
1ST QUARTER 2014 TO 1ST QUARTER 2017
Implicit Price Index

-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2014 2015 2016 2017 ANNUAL
INDUSTRY Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2014 2015 2016
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. AGRI., HUNTING, FORESTRY AND FISHING 193.8 194.9 202.0 204.9

### 187.5 184.1 194.3 193.3
### 192.4 190.2 203.9 199.8
### 199.9 199.2 189.9 196.7
a. Agriculture and forestry 200.3 203.2 210.7 223.9
### 193.3 189.6 199.6 208.9
### 199.0 197.0 211.7 216.1
### 205.5 210.2 198.4 206.4
b. Fishing 160.7 154.9 167.2 124.1
### 156.9 157.5 172.8 124.3
### 157.1 156.4 170.4 125.2
### 169.0 149.5 150.8 150.3

2. INDUSTRY SECTOR 163.4 157.2 161.3 178.9

### 161.3 154.9 153.3 175.4
### 158.3 155.4 154.9 176.7
### 161.9 165.6 161.7 161.9
a. Mining & Quarrying 157.6 130.8 183.6 197.4
### 136.8 105.9 151.1 164.4
### 126.4 104.3 184.7 160.4
### 158.9 159.4 134.3 137.5
b. Manufacturing 150.6 139.6 154.5 177.0
### 148.6 135.7 144.6 173.5
### 144.6 135.4 144.4 175.1
### 146.0 156.2 151.6 151.0
c. Construction 202.2 200.6 193.6 189.6
### 204.9 202.4 196.2 190.0
### 209.3 205.8 200.0 194.3
### 215.2 196.2 198.0 202.0
d. Electricity, Gas and Water Supply 199.6 212.2 146.3 168.6
### 196.7 211.3 137.5 163.8
### 186.7 200.8 132.8 156.8
### 191.9 180.5 175.8 168.0

3. SERVICE SECTOR 172.0 175.6 182.3 184.1

### 175.4 178.0 183.6 185.7
### 179.2 182.0 188.0 190.4
### 184.2 178.6 180.8 185.0
a. Transport, Storage & Communication 143.2 147.0 153.2 141.1
### 145.3 150.0 153.6 141.3
### 146.1 150.5 155.5 142.5
### 148.8 145.9 147.3 148.3
b. Trade and Repair of Motor Vehicles,
Motorcycles, Personal and
Household Goods 183.8 188.9 192.2 191.1
### 185.2 190.1 191.8 191.3
### 187.3 194.2 196.9 196.2
### 192.8 189.3 189.9 194.0
c. Financial Intermediation 189.1 191.4 193.3 193.5
### 193.7 194.6 194.5 195.4
### 195.9 197.6 198.4 200.2
### 202.1 191.8 194.6 198.0
d. R. Estate, Renting & Business Activities 193.5 187.0 193.9 198.5
### 200.2 191.9 198.9 203.9
### 206.8 196.5 204.2 209.2
### 211.6 193.2 198.7 204.1
e. Public Administration & Defense;
Compulsory Social Security 146.7 163.6 171.6 200.5
### 147.7 165.0 173.0 201.9
### 157.0 173.2 176.9 210.5
### 164.8 170.4 172.5 180.5
f. Other Services 151.9 158.3 166.7 176.7
### 155.8 160.1 167.8 177.8
### 159.4 164.7 171.0 181.7
### 162.8 163.3 165.3 169.0

GROSS DOMESTIC PRODUCT 171.4 171.2 177.2 184.7

### 171.9 170.8 174.7 183.0
### 173.3 173.7 178.4 186.6
### 178.0 176.3 175.3 178.2

GROSS NATIONAL INCOME 172.7 173.1 178.4 184.0

### 172.9 172.9 176.1 182.5
### 173.6 175.1 179.2 186.0
### 178.1 177.2 176.2 178.6

=====================================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 17
Unit: In million pesos As of August 2017

TABLE 9C. NET PRIMARY INCOME FROM THE REST OF THE WORLD
1ST QUARTER 2014 TO 1ST QUARTER 2017
AT CURRENT PRICES
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2014 2015 2016 2017 ANNUAL
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2014 2015 2016
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Net Primary Income from the rest of the world 664,580 667,548 660,147 684,504 ### 675,695 686,505 690,645 739,668 ### 729,383 722,715 720,539 777,062 ### 784,851 2,676,779 2,792,513 2,949,700

INFLOW
Compensation 746,517 741,244 733,972 746,088
### 746,777 760,029 776,421 778,384
### 788,309 776,437 785,962 820,305
### 843,452 2,967,821 3,061,611 3,171,012
Property Income 12,407 14,884 15,734 17,317
### 17,303 16,930 18,985 24,213
### 21,939 22,727 26,137 25,484
### 27,878 60,342 77,432 96,288
TOTAL 758,924 756,127 749,707 763,405
### 764,080 776,959 795,406 802,597
### 810,248 799,164 812,099 845,789
### 871,330 3,028,163 3,139,042 3,267,300

OUTFLOW
Compensation 0 0 0 ###
0 0 0 0 ###
0 0 0 0 ###
0 0 0 0 0
Property Expense 94,345 88,580 89,559 78,901
### 88,385 90,454 104,761 62,929
### 80,865 76,449 91,560 68,727
### 86,479 351,385 346,529 317,601
TOTAL 94,345 88,580 89,559 78,901
### 88,385 90,454 104,761 62,929
### 80,865 76,449 91,560 68,727
### 86,479 351,385 346,529 317,601
=====================================================================================================================================================================================
Source: Philippine Statistics Authority

NATIONAL ACCOUNTS OF THE PHILIPPINES

Unit: In million pesos

TABLE 9D. NET PRIMARY INCOME FROM THE REST OF THE WORLD
1ST QUARTER 2014 TO 1ST QUARTER 2017
AT CONSTANT 2000 PRICES
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2014 2015 2016 2017 ANNUAL
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2014 2015 2016
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Net Primary Income from the rest of the world 371,969 364,975 358,528 379,253 ### 381,343 372,737 377,460 411,522 ### 417,123 395,303 393,000 425,002 ### 439,755 1,474,725 1,543,062 1,630,427
INFLOW
Compensation 417,830 405,267 398,623 413,374
### 421,460 412,656 424,340 433,062
### 450,821 424,687 428,683 448,653
### 472,590 1,635,094 1,691,518 1,752,844
Property Income 6,944 8,137 8,545 9,595
### 9,765 9,192 10,376 13,471
### 12,547 12,431 14,256 13,938
### 15,620 33,222 42,805 53,172
TOTAL 424,774 413,405 407,168 422,969
### 431,225 421,849 434,716 446,533
### 463,368 437,118 442,939 462,591
### 488,210 1,668,316 1,734,323 1,806,016

OUTFLOW
Compensation 0 0 0 ###
0 0 0 0 ###
0 0 0 0 ###
0 0 0 0 0
Property Expense 52,805 48,430 48,640 43,715
### 49,882 49,112 57,255 35,011
### 46,245 41,815 49,939 37,589
### 48,455 193,591 191,261 175,589
TOTAL 52,805 48,430 48,640 43,715
### 49,882 49,112 57,255 35,011
### 46,245 41,815 49,939 37,589
### 48,455 193,591 191,261 175,589

=====================================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 18
Unit: In Percent As of August 2017

TABLE 9E. NET PRIMARY INCOME FROM THE REST OF THE WORLD
1ST QUARTER 2014 TO 1ST QUARTER 2017
AT CURRENT PRICES
Growth Rates
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14-15 15-16 16-17 ANNUAL
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 14-15 15-16
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Net Primary Income from the rest of the world 1.7 2.8 4.6 8.1
### 7.9 5.3 4.3 5.1
### 7.6 4.3 5.6

INFLOW
Compensation 0.0 2.5 5.8 4.3
### 5.6 2.2 1.2 5.4
### 7.0 3.2 3.6
Property Income 39.5 13.8 20.7 39.8
### 26.8 34.2 37.7 5.2
### 27.1 28.3 24.4
TOTAL 0.7 2.8 6.1 5.1
### 6.0 2.9 2.1 5.4
### 7.5 3.7 4.1

OUTFLOW
Compensation - - - - - - - - - - - - -
Property Expense -6.3 2.1 17.0 -20.2
### -8.5 -15.5 -12.6 9.2
### 6.9 -1.4 -8.3
TOTAL -6.3 2.1 17.0 -20.2
### -8.5 -15.5 -12.6 9.2
### 6.9 -1.4 -8.3
===========================================================================================================================================================================
Source: Philippine Statistics Authority

NATIONAL ACCOUNTS OF THE PHILIPPINES

Unit: In Percent

TABLE 9F. NET PRIMARY INCOME FROM THE REST OF THE WORLD
1ST QUARTER 2014 TO 1ST QUARTER 2017
AT CONSTANT 2000 PRICES
Growth Rates
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14-15 15-16 16-17 ANNUAL
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 14-15 15-16
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Net Primary Income from the rest of the world 2.5 2.1 5.3 8.5
### 9.4 6.1 4.1 3.3
### 5.4 4.6 5.7

INFLOW
Compensation 0.9 1.8 6.5 4.8
### 7.0 2.9 1.0 3.6
### 4.8 3.5 3.6
Property Income 40.6 13.0 21.4 40.4
### 28.5 35.2 37.4 3.5
### 24.5 28.8 24.2
TOTAL 1.5 2.0 6.8 5.6
### 7.5 3.6 1.9 3.6
### 5.4 4.0 4.1
OUTFLOW
Compensation - - - - - - - - - - - - -
Property Expense -5.5 1.4 17.7 -19.9
### -7.3 -14.9 -12.8 7.4
### 4.8 -1.2 -8.2
TOTAL -5.5 1.4 17.7 -19.9
### -7.3 -14.9 -12.8 7.4
### 4.8 -1.2 -8.2
===========================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 15
Unit: In Pesos As of August 2017

TABLE 9A. PER CAPITA: GROSS DOMESTIC PRODUCT, GROSS NATIONAL INCOME, AND HOUSEHOLD FINAL CONSUMPTION EXPENDITURE
1ST QUARTER 2014 TO 1ST QUARTER 2017

-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2014 2015 2016 2017 ANNUAL
TYPE OF EXPENDITURE Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2014 2015 2016
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

A. Estimates in current pesos

1. GROSS DOMESTIC PRODUCT 29,051 31,493 30,375 35,536

### 30,104 32,763 31,309 36,955
### 31,903 35,110 33,696 39,506
### 34,370 126,493 131,171 140,259
2. GROSS NATIONAL INCOME 35,747 38,190 36,970 42,347
### 36,798 39,537 38,096 44,193
### 39,011 42,125 40,661 46,987
### 41,910 153,293 158,667 168,830
3. HOUSEHOLD FINAL CONSUMPTION
EXPENDITURE 21,487 22,497 22,057 25,682
### 22,700 23,836 23,132 27,053
### 23,965 25,425 24,867 28,889
### 25,792 91,748 96,747 103,175

B. Estimates in constant (2000) pesos

1. GROSS DOMESTIC PRODUCT 16,947 18,399 17,138 19,244

### 17,511 19,187 17,927 20,194
### 18,413 20,219 18,893 21,173
### 19,313 71,741 74,833 78,712
2. GROSS NATIONAL INCOME 20,695 22,061 20,720 23,018
### 21,289 22,865 21,636 24,221
### 22,478 24,055 22,691 25,265
### 23,538 86,506 90,026 94,504
3. HOUSEHOLD FINAL CONSUMPTION
EXPENDITURE 11,702 12,161 11,718 13,994
### 12,202 12,726 12,235 14,679
### 12,859 13,457 12,897 15,331
### 13,409 49,589 51,856 54,559

C. Population* 99.2 99.7 100.1 100.5

### 100.9 101.4 101.8 102.2
### 102.6 103.0 103.5 103.9
### 104.1 99.9 101.6 103.2
(million persons)

=====================================================================================================================================================================================
* The annual estimates (as of July 1 of the reference year) are based on official 2010 Census-based population projections (national level) using the estimation methodology approved by the PSA Board
(i.e., PSA Board Resolution No. 1, Series of 2014).These estimates are published and available on the PSA website: http://census.gov.ph/sites/default/files/attachments/hsd/pressrelease/Table4_9.pdf
* The quarterly population estimates were computed using the official national 2010 Census-based population projections, applying the Waring-Lagrange polynomial interpolation.
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 16
Unit: In Percent As of August 2017

TABLE 9B. PER CAPITA: GROSS DOMESTIC PRODUCT, GROSS NATIONAL INCOME, AND HOUSEHOLD FINAL CONSUMPTION EXPENDITURE
1ST QUARTER 2014 TO 1ST QUARTER 2017
Growth Rates
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
14-15 15-16 16-17 ANNUAL
TYPE OF EXPENDITURE Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 14-15 15-16
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

A. Estimates in current pesos

1. GROSS DOMESTIC PRODUCT 3.6 4.0 3.1 4.0

### 6.0 7.2 7.6 6.9
### 7.7 3.7 6.9
2. GROSS NATIONAL INCOME 2.9 3.5 3.0 4.4
### 6.0 6.5 6.7 6.3
### 7.4 3.5 6.4
3. HOUSEHOLD FINAL CONSUMPTION
EXPENDITURE 5.6 6.0 4.9 5.3
### 5.6 6.7 7.5 6.8
### 7.6 5.4 6.6

B. Estimates in constant (2000) pesos

1. GROSS DOMESTIC PRODUCT 3.3 4.3 4.6 4.9

### 5.2 5.4 5.4 4.8
### 4.9 4.3 5.2
2. GROSS NATIONAL INCOME 2.9 3.6 4.4 5.2
### 5.6 5.2 4.9 4.3
### 4.7 4.1 5.0
3. HOUSEHOLD FINAL CONSUMPTION
EXPENDITURE 4.3 4.6 4.4 4.9
### 5.4 5.7 5.4 4.4
### 4.3 4.6 5.2

===========================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES
Base Year: 2000
TABLE 14. INDICATORS DERIVED FROM THE NATIONAL ACCOUNTS
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2014 2015 2016 2017
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. Labor Productivity (in pesos, constant)
Total 46,185 47,015 44,610 49,802 45,952 49,662 46,569 51,884 47,180 52,189 47,701 52,787 51,091
Growth Rate 10.0 3.5 4.8 3.5 -0.5 5.6 4.4 4.2 2.7 5.1 2.4 1.7 8.3
Agriculture, Hunting, Forestry and Fishing 16,413 14,054 13,461 18,107 15,788 14,537 14,187 18,348 16,060 16,401 14,562 18,304 18,161
Industry 97,121 96,759 91,475 108,683 97,704 101,128 91,939 110,916 96,631 96,416 88,661 105,938 100,667
Services 47,788 50,659 48,200 50,884 47,522 52,968 49,411 52,799 47,409 53,687 50,602 53,671 50,701
Labor Productivity Total (GVA/total number
of hours worked, in pesos, constant)* 88.7 89.3 78.1 92.5 80.7 96.9 84.6 95.7 85.3 85.3 85.5 97.2 95.1
2. Terms of Trade (in percent) 90.6 84.0 88.0 102.4 92.5 86.8 83.1 96.7 90.6 84.8 81.3 94.6 88.1
3. Trading Gains/Losses (in million pesos, consta -82,082 -148,711 -123,515 18,945 -72,493 -130,508 -199,648 -30,516 -106,204 -179,526 -247,897 -57,211 -163,969
4. Trade Balance (in million pesos, current)
Total -152,104 -48,577 -136,752 -123,233 -158,285 -108,865 -262,486 -256,173 -307,169 -294,265 -357,116 -340,193 -400,611
Goods/Merchandise -280,674 -196,872 -202,042 -139,506 -326,694 -295,801 -341,572 -283,329 -500,041 -507,402 -462,400 -417,593 -656,963
5. Sectoral Contribution to GNI (constant) Growth
by Industrial Origin (in percentage points)
Agriculture, Hunting, Forestry and Fishing 0.1 0.3 -0.2 0.4 0.1 0.0 0.0 0.0 -0.4 -0.1 0.2 -0.1 0.4
Industry 1.3 2.5 2.0 2.5 1.5 1.8 1.8 2.0 2.6 2.2 2.4 2.3 1.8
Services 3.2 2.9 2.7 2.5 2.6 3.2 3.5 3.6 3.5 4.0 3.3 3.3 3.1
NPI 2.0 1.6 -0.3 0.5 0.5 0.4 0.9 1.4 1.7 1.0 0.7 0.5 1.0
Total GNI 6.6 7.2 4.2 5.9 4.6 5.4 6.2 7.0 7.3 7.0 6.6 6.0 6.2
6. Share of Top Five Exports to Total Merchandise
Exports (in percent, current) 43.3 47.2 43.6 51.1 43.1 54.1 50.8 55.3 46.4 54.7 52.8 51.3 44.6
7. Share of Top Five Imports to Total Merchandise
Imports (in percent, current) 52.5 43.5 44.4 43.3 45.6 39.1 38.1 42.2 44.5 45.0 38.7 46.0 48.2
8. Total Exports (in million, current)
Pesos 906,010 906,496 983,903 856,480 967,710 920,091 997,511 897,577 1,006,613 987,210 1,045,560 1,010,164 1,234,309
US $ (FOB) 20,195 20,548 22,483 19,118 21,789 20,600 22,334 20,096 21,289 20,879 22,221 20,573 24,693
Share to GDP (in percent) 31.4 28.9 32.4 24.0 31.8 27.7 31.3 23.8 30.7 27.3 30.0 24.6 34.5
9. Total Imports (in million, current)
Pesos 1,058,113 955,072 1,120,655 979,713 1,125,996 1,028,956 1,259,997 1,153,750 1,313,781 1,281,475 1,402,676 1,350,357 1,634,920
US $ (FOB) 23,586 21,649 25,608 21,869 25,353 23,038 28,211 25,832 27,785 27,102 29,810 27,502 32,708
Share to GDP (in percent) 36.7 30.4 36.9 27.4 37.1 31.0 39.5 30.6 40.1 35.4 40.2 32.9 45.7
10. Fixed Capital Formation/GNI (in percent, current)17.9 17.1 17.4 16.0 17.8 18.1 18.6 18.1 20.4 20.4 20.7 20.1 21.4
11. GNI IPIN (in percent) 172.7 173.1 178.4 184.0 172.9 172.9 176.1 182.5 173.6 175.1 179.2 186.0 178.1
12. Ratio of NPI to GNI (in percent, current) 18.7 17.5 17.8 16.1 18.2 17.1 17.8 16.4 18.2 16.7 17.1 15.9 18.0
13. Inflow of Compensation (in million, current)
Pesos 746,517 741,244 733,972 746,088 746,777 760,029 776,421 778,384 788,309 776,437 785,962 820,305 843,452
US $ 16,640 16,802 16,772 16,654 16,814 17,017 17,384 17,428 16,672 16,421 16,704 16,707 16,874
Growth Rate (pesos) 18.1 12.5 2.4 3.0 0.0 2.5 5.8 4.3 5.6 2.2 1.2 5.4 7.0
Growth Rate (US $) 7.2 3.8 2.2 0.5 1.0 1.3 3.6 4.6 -0.8 -3.5 -3.9 -4.1 1.2
Share to GNI (in percent) 21.0 19.5 19.8 17.5 20.1 19.0 20.0 17.2 19.7 17.9 18.7 16.8 19.3
Share to GDP (in percent) 25.9 23.6 24.1 20.9 24.6 22.9 24.4 20.6 24.1 21.5 22.5 20.0 23.6
14. (Exports-Imports)/GDP (in percent, current) -5.3 -1.5 -4.5 -3.5 -5.2 -3.3 -8.2 -6.8 -9.4 -8.1 -10.2 -8.3 -11.2
15. (Exports+Imports)/GDP (in percent, current) 68.1 59.3 69.2 51.4 68.9 58.7 70.8 54.3 70.9 62.7 70.2 57.5 80.2
16. Fixed Capital Formation/GDP (in percent, curr 22.1 20.7 21.2 19.1 21.8 21.8 22.7 21.7 24.9 24.5 25.0 23.9 26.0
17. HFCE/GDP (in percent, current) 74.0 71.4 72.6 72.3 75.4 72.8 73.9 73.2 75.1 72.4 73.8 73.1 75.0
18. National Government Debt Service** (in milli 193,232 102,389 133,636 85,750 210,805 116,121 132,619 74,595 175,400 175,400 147,807 96,121 165,552
19. Debt Service/GDP 6.7 3.3 4.4 2.4 6.9 3.5 4.2 2.0 5.4 4.8 4.2 2.3 4.6
=========================================================================================================================================================================
1/ Please refer to the Technical Notes on the Estimates of the Philippine System of National Accounts (PSNA) Series 2004-Q2 for the definition of these indicators. (www.psa.gov.ph)
* This is another way of computing labor productivity, that is, GVA divided by total number of hours worked.
Source: Philippine Statistics Authority