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Gross Domestic Product

6.3% Gross Domestic Product growth for the Last Quarter of 2015

For the last quarter of 2015, the Philippines increased its Gross Domestic Product (GDP) by
6.3%. GDP measures a countrys total economic production and performance. It reflects the total
market value of all the goods and services produced by the economy at a certain period. A higher
growth rate means a healthier economy; a healthier economy means more investments and a
higher employment rate.

Since 2010, the Philippines has enjoyed satisfactory performance in terms of GDP, with an
average growth rate of 6.3% from 2010 to 2014.

A yearly 2.5-3.5% GDP growth rate is good for providing ample growth in jobs and corporate
profits. And for developing countries like the Philippines, a huge leap from the average growth
rate helps in expediting the improvement and stabilization of the economy.

Year GDP Target* GDP (for the year) Quarter GDP (for the quarter)
Q1 5.0

Q2 5.8
2015 7.0 8.0 5.8
Q3 6.0

Q4 6.3

Q1 6.0

Q2 6.4
2014 6.5 7.5 6.1
Q3 5.3

Q4 6.9

Q1 7.7
Q2 7.6
2013 6.0 7.0 7.2
Q3 6.9
Q4 6.5
Q1 6.5
Q2 6.3
2012 5.0 6.0 6.8
Q3 7.3
Q4 7.1
2011 5.0 6.0 3.7 Q1 4.6
Q2 3.2
Q3 3.0
Q4 3.8
Q1 8.4
Q2 8.9
2010 5.0 7.7
Q3 7.3
Q4 6.1
Average**(2010-2014) 6.3

*from the Budget of Expenditures and Sources of Financing various years (2007 2014).
**According to the National Economic and Development Authority.

Source: http://www.nscb.gov.ph/stats/statwatch.asp

GDP growth from 1982 2014

http://www.gov.ph/report/gdp/

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Ang Gross Domestic Product


Read in English

6.3% pagtaas ng Gross Domestic Product para sa Huling Bahagi ng 2015

Para sa huling bahagi ng 2015, tumaas ng 6.3% ang Gross Domestic Product (GDP) ng Pilipinas.
Sinusukat ng GDP ang kabuuang produksiyon ng produkto at kagalingang ekonomiko ng isang
bansa. Sinasalamin nito ang kabuuang halaga sa merkado ng mga produkto at serbisyong nalikha
ng ekonomiya sa isang partikular na panahon. Kung mas malaki ang growth rate (laki ng itinaas
ng GDP), mas lumalakas ang ekonomiya; kung mas malakas ang ekonomiya, mas marami ang
mamumuhunan sa bansa at mas darami ang trabaho.

Mula pa noong 2010, nagtatamasa na ang Pilipinas ng kasiya-siyang resulta pagdating sa GDP
nito, na may average growth rate na 6.3% mula 2010-2014.

Ang taunang growth rate na 2.5-3.5% ay mainam para sa pagpaparami ng trabaho at kita ng mga
kumpanya. At para sa mga papaunlad pa lamang na bansa tulad ng Pilipinas, mapabibilis ng
malaking talon sa average growth rate ang pagpapahusay at pagpapatatag ng ekonomiya.

Taon GDP Target* GDP (para sa taon) Quarter GDP (para sa quarter)
Q1 5.0

Q2 5.8
2015 7.0 8.0 5.8
Q3 6.0

Q4 6.3

Q1 6.0

Q2 6.4
2014 6.5 7.5 6.1
Q3 5.3

Q4 6.9

Q1 7.7

Q2 7.6
2013 6.0 7.0 7.2
Q3 6.9

Q4 6.5

Q1 6.5

Q2 6.3
2012 5.0 6.0 6.8
Q3 7.3

Q4 7.1

2011 5.0 6.0 3.7 Q1 4.6


Q2 3.2

Q3 3.0

Q4 3.8

Q1 8.4

Q2 8.9
2010 5.0 7.7
Q3 7.3

Q4 6.1

Average**(2010-2014) 6.3

*mula sa Budget of Expenditures and Sources of Financing mula sa ibat ibang taon (2007
2014).

**manwal na kinalkula ng PCDSPO batay sa mga estadistika ng NSCB.

Sanggunian: http://www.nscb.gov.ph/stats/statwatch.asp

Pagtaas ng GDP mula 1982 2014

http://www.gov.ph/report/gdp/

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Philippines Gross National Product 1998-2016 | Data | Chart | Calendar


Gross National Product in Philippines increased to 2442142 PHP Million in the third
quarter of 2016 from 2417063 PHP Million in the second quarter of 2016. Gross
National Product in Philippines averaged 1525409.03 PHP Million from 1998 until
2016, reaching an all time high of 2442142.00 PHP Million in the third quarter of
2016 and a record low of 944320.00 PHP Million in the second quarter of 1998.

Philippines GDP Last Previous Highest Lowest Unit


GDP Growth Rate 1.20 2.10 3.40 -2.30 percent [+]
GDP Annual Growth Rate 7.10 7.00 12.40 -11.10 percent [+]
GDP 291.97 284.78 291.97 4.40 USD Billion [+]
GDP Constant Prices 2039955.00 2011857.00 2039955.00 825496.00 PHP Million [+]
Gross National Product 2442142.00 2417063.00 2442142.00 944320.00 PHP Million [+]
Gross Fixed Capital Formation 529415.83 514040.43 529415.83 163357.69 PHP Million [+]
GDP per capita 2635.04 2529.66 2635.04 1059.33 USD [+]
GDP per capita PPP 6925.52 6648.55 6925.52 3796.61 USD [+]
GDP From Agriculture 128819.17 135287.70 175788.62 114778.44 PHP Million [+]
GDP From Construction 193310.28 213768.39 213768.39 85502.67 PHP Million [+]
GDP From Manufacturing 428371.89 461712.83 501178.30 252377.26 PHP Million [+]
GDP From Mining 16378.55 25028.78 30306.94 10394.10 PHP Million [+]
Gdp From Public Administration 75637.54 87977.98 87977.98 43289.41 PHP Million [+]
GDP From Transport 56984.47 71482.79 71482.79 34827.71 PHP Million [+]
GDP From Utilities 75660.94 69504.84 75660.94 42117.43 PHP Million [+]

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GDP improves in Philippines
Gross Domestic Product of Philippines grew 5.9% in 2015 compared to last year . This rate is
3-tenths of one percent less than the figure of 6.2% published in 2014.

The GDP figure in 2015 was $292,451 million, Philippines is number 40 in the ranking of GDP
of the 196 countries that we publish. The absolute value of GDP in Philippines rose $7,622
million with respect to 2014.

The GDP per capita of Philippines in 2015 was $2,863, $19 higher than in 2014, it was $2,844.
To view the evolution of the GDP per capita, it is interesting to look back a few years and
compare these data with those of 2005 when the GDP per capita in Philippines was $1,209.

If we order the countries according to their GDP per capita, Philippines is in 130th position, its
population has a low level of affluence compare tothe 196 countries whose GDP we publish.

Here we show you the progression of the GDP in Philippines. You can see GDP in other
countries in GDP and see all the economic information about Philippines in Philippines's
economy.

http://countryeconomy.com/gdp/philippines
GAWAIN 2: PAWANG KATOTOHANAN LAMANG

May tatlong pahayag na nasa ibaba tungkol sa paksa. Isa sa mga pahayag na
ito ay walang katotohanan. Magsagawa ng brainstorming ang bawat pangkat upang
malaman kung alin sa mga pahayag ang may katotohanan at walang katotohanan.
Bawat isa aymagbabahagi ng kaniyang nalalaman upang makabuo ng mga
kolektibong pagsang-ayon ang buong pangkat. Iulat ang nabuong kasagutan sa
harap ng klase.

1. Ginagamit ang Gross National Income at Gross Domestic Product upang


masukat ang economic performance ng isang ekonomiya.

2. Tanging halaga ng mga tapos na produkto lamang ang isinasama sa


pagkuwenta ng Gross National Income.

3. Ang halaga ng mga nabuong produkto ng mga dayuhang nagtatrabaho sa


loob ng Pilipinas ay hindi ibinibilang sa pagkuwenta ng Gross National Income ng
bansang kanilang pinanggalingan.
GAWAIN 2: PAWANG KATOTOHANAN LAMANG

May tatlong pahayag na nasa ibaba tungkol sa paksa. Isa sa mga pahayag na
ito ay walang katotohanan. Magsagawa ng brainstorming ang bawat pangkat upang
malaman kung alin sa mga pahayag ang may katotohanan at walang katotohanan.
Bawat isa aymagbabahagi ng kaniyang nalalaman upang makabuo ng mga
kolektibong pagsang-ayon ang buong pangkat. Iulat ang nabuong kasagutan sa
harap ng klase.

1. Ginagamit ang Gross National Income at Gross Domestic Product upang


masukat ang economic performance ng isang ekonomiya.

2. Tanging halaga ng mga tapos na produkto lamang ang isinasama sa


pagkuwenta ng Gross National Income.

3. Ang halaga ng mga nabuong produkto ng mga dayuhang nagtatrabaho sa


loob ng Pilipinas ay hindi ibinibilang sa pagkuwenta ng Gross National Income ng
bansang kanilang pinanggalingan.

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