National Accounts of the Philippines - Highlights - Other Services

National Accounts of the Philippines

Untitled Document

 

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

 

Gross Value Added in Other Services

Other Services accelerates

In the first quarter of 2015, OS managed to grow by 5.8 percent compared to 4.3 percent posted in the same quarter last year. Education, which rebounded to 8.2 percent from a slack of 1.9 percent, is the top contributor to the growth of the sector.

Other subsectors also contributed positively to the growth of the sector despite decelerating growths: Health and social work, 9.4 percent from 20.4 percent; Recreation, cultural and sporting activities, 2.8 percent from 5.8 percent; Hotels and restaurants, 2.1 percent from 4.9 percent; Other service activities, 3.5 percent from 4.6 percent; and Sewage and refuse disposal sanitation and similar activities, 1.2 percent from 3.5 percent.

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

INDUSTRY/INDUSTRY GROUP Q1 2014 Q1 2015 Growth Rate (%)
       
1. Education 96,474 106,970 10.9
2. Health and Social Work 42,876 47,191 10.1
3. Hotels and Restaurants 53,817 58,382 8.5
4. Sewage and Refuse Disposal Sanitation and Similar Activities 1,389 1,438 3.6
5.  Recreational, Cultural and Sporting Activities 57,725 60,074 4.1
6. Other Service Activities 19,110 20,204 5.7
       
GROSS VALUE ADDED IN OTHER SERVICES 271,391 294,260 8.4

 

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

INDUSTRY/INDUSTRY GROUP Q1 2014 Q1 2015 Growth Rate (%)
       
1. Education 69,048 74,707 8.2
2. Health and Social Work 27,493 30,080 9.4
3. Hotels and Restaurants 31,605 32,259 2.1
4. Sewage and Refuse Disposal Sanitation and Similar Activities 788 797 1.2
5.  Recreational, Cultural and Sporting Activities 38,658 39,753 2.8
6. Other Service Activities 10,527 10,891 3.5
       
GROSS VALUE ADDED IN OTHER SERVICES 178,120 188,487 5.8

 

 

GROSS VALUE ADDED in OTHER SERVICES
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. Education 448,424 454,038 1.3 291,476 286,754 -1.6
2. Health and Social Work 170,397 207,493 21.8 93,993 115,732 23.1
3. Hotels and Restaurants 194,167 212,975 9.7 119,148 125,073 5.0
4. Sewage and Refuse Disposal Sanitation and Similar Activities 5,147 5,351 4.0 3,000 3,028 0.9
5.  Recreational, Cultural and Sporting Activities 222,353 224,466 1.0 151,645 150,402 -0.8
6. Other Service Activities 65,830 69,231 5.2 36,797 37,789 2.7
             
GROSS VALUE ADDED IN OTHER SERVICES 1,106,319 1,173,555 6.1 696,058 718,777 3.3

Source: Philippine Statistics Authority

Posted: 28 May 2015


 

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Updated 28 January 2016

Ver. 7.2014.234-11.04

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