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

National Accounts of the Philippines

Untitled Document

 

4th Quarter 2015
Gross National Income & Gross Domestic Product

 

by Expenditure Shares

GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT
BY TYPE OF EXPENDITURE
4th Quarter 2014 and 4th Quarter 2015
AT CURRENT AND CONSTANT 2000 PRICES, IN MILLION PESOS

 

At Current Prices

TYPE OF EXPENDITURE Q4 2014 Q4 2015 Growth Rate (%)
       
1. Household Final Consumption Expenditure 2,571,494 2,749,843 6.9
2. Government Final Consumption Expenditure 323,653 381,796 18.0
     
3. Capital Formation 762,307 851,219 11.7
   A. Fixed Capital 671,502 810,255 20.7
      1. Construction 391,907 429,439 9.6
      2. Durable Equipment 217,694 315,205 44.8
      3. Breeding Stock & Orchard Dev't 44,285 47,023 6.2
      4. Intellectual Property Products 17,615 18,588 5.5
   B. Changes in Inventories 90,805 40,965  
        
4. Exports 862,744 897,001 4.0
   A. Exports of Goods 593,264 540,209 -8.9
   B. Exports of Services 269,480 356,791 32.4
     
5. Less : Imports 979,625 1,089,144 11.2
   A. Imports of Goods 725,378 797,850 10.0
   B. Imports of Services 254,247 291,294 14.6
       
6. Statistical Discrepancy 34,275 -30,588  
       
GROSS DOMESTIC PRODUCT 3,574,849 3,760,127 5.2
       
Net Primary Income from the rest of the world 683,901 719,631  
       
GROSS NATIONAL INCOME 4,258,751 4,479,758 5.2

 

At Constant 2000 Prices

TYPE OF EXPENDITURE Q4 2014 Q4 2015 Growth Rate (%)
       
1. Household Final Consumption Expenditure 1,402,140 1,492,329 6.4
2. Government Final Consumption Expenditure 153,029 179,724 17.4
     
3. Capital Formation 482,866 548,240 13.5
   A. Fixed Capital 422,184 517,217 22.5
      1. Construction 185,590 200,089 7.8
      2. Durable Equipment 195,412 273,998 40.2
      3. Breeding Stock & Orchard Dev't 27,838 28,526 2.5
      4. Intellectual Property Products 13,343 14,604 9.4
   B. Changes in Inventories 60,682 31,024  
        
4. Exports 727,143 778,885 7.1
   A. Exports of Goods 588,975 599,010 1.7
   B. Exports of Services 138,168 179,875 30.2
 
5. Less : Imports 849,224 961,747 13.3
   A. Imports of Goods 637,528 721,195 13.1
   B. Imports of Services 211,696 240,552 13.6
       
6. Statistical Discrepancy 19,209 20,401  
       
GROSS DOMESTIC PRODUCT 1,935,164 2,057,833 6.3
       
Net Primary Income from the rest of the world 379,155 399,603  
       
GROSS NATIONAL INCOME 2,314,319 2,457,436 6.2

 

 

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

TYPE OF EXPENDITURE At Current Prices At Constant Prices
2014 2015 Growth Rate
(%)
2014 2015 Growth Rate
(%)
1. Household Final Consumption Expenditure 9,156,446 9,796,495 7.0 4,947,000 5,252,113 6.2
2. Government Final Consumption Expenditure 1,314,482 1,458,268 10.9 718,096 785,300 9.4
             
3. Capital Formation 2,643,871 2,770,248 4.8 1,568,346 1,780,932 13.6
   A. Fixed Capital 2,627,172 2,888,235 9.9 1,539,125 1,754,278 14.0
      1. Construction 1,436,803 1,579,805 10.0 650,615 705,473 8.4
      2. Durable Equipment 975,857 1,083,983 11.1 747,910 899,977 20.3
      3. Breeding Stock &
          Orchard Dev't
162,767 169,100 3.9 95,411 97,308 2.0
     4. Intellectual
          Property Products 
51,745 55,348 7.0 45,189 51,520 14.0
   B. Changes in
           Inventories
16,699 -117,987   29,221 26,654
             
4. Exports 3,623,352 3,711,277 2.4 3,365,953 3,549,701 5.5
   A. Exports of Goods 2,387,344 2,215,634 -7.2 2,726,442 2,790,583 2.4
   B. Exports of Services 1,236,009 1,495,644 21.0 639,511 759,118 18.7
   
5. Less: Imports 4,095,414 4,364,994 6.6 3,435,378 3,844,788 11.9
   A. Imports of Goods 3,185,022 3,337,920 4.8 2,716,287 3,040,658 11.9
   B. Imports of Services 910,392 1,027,074 12.8 719,091 804,130 11.8
             
6. Statistical  Discrepancy 0 -86,053   0 56,683  
             
GROSS DOMESTIC PRODUCT 12,642,736 13,285,240 5.1 7,164,017 7,579,940 5.8
             
Net Primary Income 2,684,599 2,776,917 1,476,652 1,529,765
             
GROSS NATIONAL INCOME 15,327,336 16,062,158 4.8 8,640,668 9,109,705 5.4

Source: Philippine Statistics Authority

Posted: 28 January 2016


 

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Updated 28 January 2016

Ver. 7.2014.234-11.04

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