National Accounts of the Philippines - Highlights - GNI and GDP by Expenditure Shares

National Accounts of the Philippines

Untitled Document

 

2nd Quarter 2015
Gross National Income & Gross Domestic Product

 

by Expenditure Shares

GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT
BY TYPE OF EXPENDITURE
2nd Quarter 2014 and 2nd Quarter 2015
AT CURRENT AND CONSTANT 2000 PRICES, IN MILLION PESOS

 

At Current Prices

TYPE OF EXPENDITURE Q2 2014 Q2 2015 Growth Rate (%)
       
1. Household Final Consumption Expenditure 2,246,112 2,402,440 7.0
2. Government Final Consumption Expenditure 377,316 396,650 5.1
     
3. Capital Formation 603,955 610,810 1.1
   A. Fixed Capital 666,746 707,663 6.1
      1. Construction 382,261 440,016 15.1
      2. Durable Equipment 232,472 215,816 -7.2
      3. Breeding Stock & Orchard Dev't 40,389 41,186 2.0
      4. Intellectual Property Products 11,624 10,644 -8.4
   B. Changes in Inventories -62,791 -96,853  
        
4. Exports 885,776 938,488 6.0
   A. Exports of Goods 553,090 493,824 -10.7
   B. Exports of Services 332,686 444,664 33.7
     
5. Less : Imports 960,471 1,011,214 5.3
   A. Imports of Goods 757,255 755,228 -0.3
   B. Imports of Services 203,216 255,986 26.0
       
6. Statistical Discrepancy -10,830 -30,664  
       
GROSS DOMESTIC PRODUCT 3,141,857 3,306,511 5.2
       
Net Primary Income from the rest of the world 668,727 689,629  
       
GROSS NATIONAL INCOME 3,810,585 3,996,140 4.9

 

At Constant 2000 Prices

TYPE OF EXPENDITURE Q2 2014 Q2 2015 Growth Rate (%)
       
1. Household Final Consumption Expenditure 1,213,137 1,288,074 6.2
2. Government Final Consumption Expenditure 216,265 224,704 3.9
     
3. Capital Formation 330,285 387,755 17.4
   A. Fixed Capital 362,946 395,215 8.9
      1. Construction 168,647 190,783 13.1
      2. Durable Equipment 163,057 173,805 6.6
      3. Breeding Stock & Orchard Dev't 22,467 22,647 0.8
      4. Intellectual Property Products 8,775 7,980 -9.1
   B. Changes in Inventories -32,661 -7,460  
        
4. Exports 887,453 920,041 3.7
   A. Exports of Goods 714,658 693,545 -3.0
   B. Exports of Services 172,795 226,496 31.1
 
5. Less : Imports 803,283 905,027 12.7
   A. Imports of Goods 652,546 714,579 9.5
   B. Imports of Services 150,737 190,448 26.3
       
6. Statistical Discrepancy -11,663 18,414  
       
GROSS DOMESTIC PRODUCT 1,832,193 1,933,961 5.6
       
Net Primary Income from the rest of the world 364,294 372,332  
       
GROSS NATIONAL INCOME 2,196,487 2,306,293 5.0

 

 

GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT
BY TYPE OF EXPENDITURE: Annual 2013 and 2014
AT CURRENT AND CONSTANT 2000 PRICES, IN MILLION PESOS

TYPE OF EXPENDITURE At Current Prices At Constant Prices
2013 2014 Growth Rate
(%)
2013 2014 Growth Rate
(%)
1. Household Final Consumption Expenditure 8,463,826 9,156,446 8.2 4,692,438 4,947,000 5.4
2. Government Final Consumption Expenditure 1,250,814 1,314,482 5.1 705,811 718,096 1.7
             
3. Capital Formation 2,313,405 2,643,871 14.3 1,487,902 1,568,346 5.4
   A. Fixed Capital 2,369,292 2,627,172 10.9 1,441,475 1,539,125 6.8
      1. Construction 1,261,129 1,436,803 13.9 586,731 650,615 10.9
      2. Durable Equipment 885,836 975,857 10.2 720,937 747,910 3.7
      3. Breeding Stock &
          Orchard Dev't
177,593 162,767 -8.3 96,063 95,411 -0.7
     4. Intellectual
          Property Products 
44,735 51,745 15.7 37,744 45,189 19.7
   B. Changes in
           Inventories
-55,886 16,699   46,428 29,221
             
4. Exports 3,232,795 3,623,352 12.1 3,024,867 3,365,953 11.3
   A. Exports of Goods 2,104,278 2,387,344 13.5 2,417,822 2,726,442 12.8
   B. Exports of Services 1,128,516 1,236,009 9.5 607,045 639,511 5.3
   
5. Less: Imports 3,718,554 4,095,414 10.1 3,160,940 3,435,378 8.7
   A. Imports of Goods 2,914,119 3,185,022 9.3 2,501,608 2,716,287 8.6
   B. Imports of Services 804,435 910,392 13.2 659,332 719,091 9.1
             
6. Statistical  Discrepancy 0 0   0 0  
             
GROSS DOMESTIC PRODUCT 11,542,286 12,642,736 9.5 6,750,079 7,164,017 6.1
             
Net Primary Income 2,506,986 2,684,599 1,418,689 1,476,628
             
GROSS NATIONAL INCOME 14,049,272 15,327,336 9.1 8,168,768 8,640,645 5.8

Source: Philippine Statistics Authority

Posted: 27 August 2015


 

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Updated 28 January 2016

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