National Accounts of the Philippines - Highlights - Industry

National Accounts of the Philippines

Untitled Document

 

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

 

Gross Value Added in Industry

Manufacturing continues to drive Industry’s growth

In the first quarter of 2015, Industry grew by 5.5 percent, contributing 1.9 percentage points to GDP. Manufacturing, still Industry’s top driver, contributed 4.2 percentage points to this major industry’s growth.  Construction and Electricity, gas and water supply also contributed to the growth of the Industries, with 0.7 percentage point and 0.4 percentage point, respectively.

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

INDUSTRY/INDUSTRY GROUP Q1 2014 Q1 2015 Growth Rate
(%)
INDUSTRY SECTOR 917,014 955,091 4.2
a. Mining & Quarrying 33,150 28,532 -13.9
b. Manufacturing 603,518 632,071 4.7
c. Construction 182,801 193,518 5.9
d. Electricity,Gas and Water Supply 97,545 100,970 3.5

 

GROSS VALUE ADDED in INDUSTRY
1st Quarter 2014 and 1st Quarter 2015

AT CONSTANT 2000 PRICES, IN MILLION PESOS

INDUSTRY/INDUSTRY GROUP Q1 2014 Q1 2015 Growth Rate
(%)
INDUSTRY SECTOR 563,087 594,259 5.5
a. Mining & Quarrying 20,117 21,554 7.1
b. Manufacturing 400,802 424,355 5.9
c. Construction 90,397 94,432 4.5
d. Electricity,Gas and Water Supply 51,771 53,918 4.1

 

GROSS VALUE ADDED in AGRICULTURE, HUNTING, FORESTRY & FISHING
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
(%)
INDUSTRY SECTOR 3,595,720 3,968,897 10.4 2,219,124 2,394,694 7.9
a. Mining & Quarrying 115,460 125,390 8.6 72,895 76,474 4.9
b. Manufacturing 2,355,416 2,603,644 10.5 1,538,912 1,666,514 8.3
c. Construction 727,378 828,161 13.9 384,108 422,150 9.9
d. Electricity,Gas and Water Supply 397,466 411,702 3.6 223,209 229,555 2.8

Source: Philippine Statstics 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