National Accounts of the Philippines - Highlights - Construction

National Accounts of the Philippines

Untitled Document

 

1st Quarter 2015
Gross National Income & Gross Domestic Product
by Industrial Origin

 

Gross Value Added in Construction

Construction Inches Up

Construction grew by 4.5 percent in the first quarter of 2015, faster than its 1.0 percent increase in the same period last year. The growth of the sector was driven by Private construction.

GROSS VALUE ADDED in CONSTRUCTION
1st Quarter 2014 and 1st Quarter 2015
AT CURRENT PRICES, IN MILLION PESOS

INDUSTRY/INDUSTRY GROUP Q1 2014 Q1 2015 Growth Rate (%)
       
1. PUBLIC 73,933 56,271 -23.9
2. PRIVATE 240,607 279,262 16.1
       
GROSS VALUE IN CONSTRUCTION 314,540 335,533 6.7
       
GROSS VALUE ADDED IN CONSTRUCTION 182,801 193,518 5.9

 

GROSS VALUE ADDED in CONSTRUCTION
1st Quarter 2014 and 1st Quarter 2015
AT CONSTANT 2000 PRICES, IN MILLION PESOS

INDUSTRY/INDUSTRY GROUP Q1 2014 Q1 2015 Growth Rate (%)
       
1. PUBLIC 30,322 22,865 -24.6
2. PRIVATE 108,440 123,849 14.2
       
GROSS VALUE IN CONSTRUCTION 138,762 146,714 5.7
       
GROSS VALUE ADDED IN CONSTRUCTION 90,397 94,432 4.5

 

GROSS VALUE ADDED in CONSTRUCTION
Annual 2013 and 2014
AT CURRENT AND CONSTANT 2000 PRICES, IN MILLION PESOS

INDUSTRY/ INDUSTRY GROUP At Current Prices At Constant Prices
2013 2014 Growth Rate
(%)
2013 2014 Growth Rate
(%)
1. PUBLIC 283,211 309,045 9.1 122,143 129,844 6.3
2. PRIVATE 977,918 1,127,758 15.3 464,588 520,771 12.1
             
GROSS VALUE IN CONSTRUCTION 1,261,129 1,436,803 13.9 586,731 650,615 10.9
             
GROSS VALUE ADDED IN CONSTRUCTION 727,378 828,161 13.9 384,108 422,150 9.9

Source: Philippine Statistics Authority

Posted: 28 May 2015


 

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Updated 28 January 2016

Ver. 7.2014.234-11.04

1997-2015, Philippine Statistics Authority, East Avenue, Quezon City, Philippines