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1st
3rd Quarter 2019
(BASE YEAR: 2000)
As of November 2019
PAGE
HIGHLIGHTS
GRAPHS
X. TOTAL EXPORTS v
TABLE 1A/B GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT 1-2
BY EXPENDITURE SHARES, IN MILLION PESOS
AT CURRENT AND CONSTANT PRICES
TABLE 3A/B GROWTH RATES, GROSS NATIONAL INCOME AND GROSS 5-6
DOMESTIC PRODUCT BY EXPENDITURE SHARES, IN PERCENT
AT CURRENT AND CONSTANT PRICES
TABLE 5A/B GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT 8-9
BY INDUSTRIAL ORIGIN, IN MILLION PESOS
AT CURRENT AND CONSTANT PRICES
TABLE 7A/B GROWTH RATES, GROSS NATIONAL INCOME AND GROSS 12-13
DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN, IN PERCENT
AT CURRENT AND CONSTANT PRICES
TABLE 9C/D DETAILS OF NET PRIMARY INCOME FROM THE REST OF THE WORLD 17
AT CURRENT AND CONSTANT PRICES
TABLE 27A/B GROWTH RATES, GROSS VALUE ADDED IN AGRICULTURE, HUNTING, 51-52
FORESTRY AND FISHING, IN PERCENT AT CURRENT AND CONSTANT PRICES
TABLE 38A/B GROSS VALUE ADDED IN ELECTRICITY, GAS AND WATER SUPPLY 67
IN MILLION PESOS, AT CURRENT AND CONSTANT PRICES
TABLE 45A/B GROWTH RATES, GROSS VALUE ADDED IN TRADE AND REPAIR OF
MOTOR VEHICLES, MOTORCYCLES, PERSONAL AND HOUSEHOLD
GOODS TRADE, IN PERCENT AT CURRENT AND CONSTANT PRICES 74
TABLE 46 IMPLICIT PRICE INDEX, GROSS VALUE ADDED IN TRADE AND REPAIR
OF MOTOR VEHICLES, MOTORCYCLES, PERSONAL AND HOUSEHOLD
GOODS, IN PERCENT 75
TABLE 50A/B GROSS VALUE ADDED IN REAL ESTATE, RENTING & BUSINESS ACTIVITIES 79
IN MILLION PESOS AT CURRENT AND CONSTANT PRICES
TABLE 51A/B GROWTH RATES, GROSS VALUE ADDED IN REAL ESTATE, RENTING 80
AND BUSINESS ACTIVITIES IN PERCENT
AT CURRENT AND CONSTANT PRICES
TABLE 52 IMPLICIT PRICE INDEX, GROSS VALUE ADDED IN REAL ESTATE, RENTING 81
IN PERCENT
HIGHLIGHTS
Third Quarter 2019
Gross Domestic Product (GDP) grew year-on-year by 6.2 percent in the third quarter
of 2019.
Trade and Repair of Motor Vehicles, Motorcycles, Personal and Household Goods;
Construction; and Financial Intermediation were the main drivers of growth for the
quarter.
Among the major economic sectors, Services posted the fastest growth with
6.9 percent. Industry grew by 5.6 percent. Agriculture, Hunting, Forestry and Fishing
registered a growth of 3.1 percent.
Net Primary Income (NPI) from the rest of the world and Gross National Income
(GNI) had corresponding growths of 2.9 percent and 5.6 percent.
With the country’s projected population reaching 108.3 million in the third quarter of
2019, per capita GDP grew by 4.5 percent. Meanwhile, per capita GNI and per
capita Household Final Consumption Expenditure (HFCE) posted a growth of
4.0 percent and 4.3 percent, respectively.
H-2
PRODUCTION SIDE
AHFF expanded by 3.1 percent in the third quarter of 2019, compared with the
contraction of 0.03 percent in the same period of 2018. It contributed 0.2 percentage
point to the GDP growth.
Agriculture recovers
The Agriculture industry, which accounted for 81.6 percent of the total AHFF,
bounced back with a 3.4 percent growth in the third quarter of 2019. Major
contributors to the industry’s growth were: Corn, 24.1 percent; Poultry, 8.4 percent;
Agricultural Activities and Services, 3.9 percent; Livestock 1.7 percent; and
Other Crops, 2.0 percent.
Forestry decelerates
Forestry grew by 17.3 percent, slower than the 37.3 percent growth recorded in the
same period of the previous year.
Fishing inches up
Fishing, with a share of 17.4 percent to the total AHFF, bounced back with a
1.0 percent growth from a decline of 0.9 percent in the previous year.
H-3
Industry
Industry decelerates
Industry grew by 5.6 percent in the third quarter of 2019 as compared with the
6.0 percent growth in the previous year. Its growth during the quarter was driven by
Construction, contributing 3.3 percentage points. The total Industry contributed
1.9 percentage points to the GDP growth.
Mining and Quarrying contracted by 4.9 percent in the third quarter of 2019. This
contraction was faster compared with the 1.3 percent decline in the same period of
the previous year. The main contributor to the decline of the industry was
Nickel Mining which contracted by 18.4 percent. Other contributors to the contraction
were: Crude Oil, Natural Gas & Condensate, 6.8 percent; Gold Mining, 11.9 percent;
Stone Quarrying, Clay and Sandpits, 2.4 percent; Copper Mining, 8.8 percent; and
Chromium Mining, 61.2 percent.
Manufacturing grew by 2.4 percent in the third quarter of 2019, slower compared
with the 3.8 percent growth it posted in the same period of the previous year.
The growth of the industry was attributed to the expansion of Chemical and
Chemical Products, which is the top contributor to growth, by 9.7 percent. Other top
contributors to growth were Food Manufactures, 4.4 percent; Basic Metal Industries,
17.2 percent; Machinery and Equipment Except Electrical, 14.8 percent; and
Electrical Machinery and Apparatus, 14.4 percent.
H-4
On the other hand, the contraction of the following industries pulled down the growth
of Manufacturing: Petroleum and Other Fuel Products, 28.3 percent; Radio,
Television and Communication Equipment and Apparatus, 4.3 percent; Furniture and
Fixtures, 11.3 percent; and Transport Equipment, 5.7 percent.
The Construction industry expanded by 16.3 percent in the third quarter of 2019.
This expansion was attributed to the faster growth in Private Construction, and
growth in Public Construction albeit slower than the previous year.
EGWS posted a 7.2 percent growth in the third quarter of 2019 compared with the
5.0 percent growth recorded in the same quarter of 2018. Electricity, with a share of
89.6 percent to the total EGWS, grew by 7.6 percent. Meanwhile, Water and Steam
both posted decelerated growths, by 4.2 percent and 3.0 percent, respectively.
H-5
Services
Services accelerated by 6.9 percent in the third quarter of 2019. All sub-industries,
led by Trade; Financial Intermediation; and Transport, Storage and Communication
(TSC) contributed positively to the growth of Services.
TSC grew by 9.1 percent in the third quarter of 2019, faster than the 5.4 percent
growth recorded in the same period of 2018. Communication, which has the largest
share to the total TSC, contributed most to the growth as it grew by 10.8 percent.
Air Transport posted the fastest growth of 15.4 percent among the sub-industries.
This was followed by Land Transport and Storage and Services Incidental to
Transport which grew by 6.5 percent and 6.0 percent, respectively. Water Transport,
on the other hand, declined by 2.0 percent.
Trade and Repair of Motor Vehicles, Motorcycles, Personal and Household Goods
led the contributors to the GDP growth as it posted an 8.1 percent growth in the third
quarter of 2019. This was faster than the 5.1 percent growth recorded in the same
period of the previous year. All the sub-industries of Trade posted acceleration
during the period. Retail Trade which expanded by 8.2 percent was the main
contributor to growth. This was followed by Wholesale Trade which grew by
7.0 percent and Maintenance and Repair of Motor Vehicles, Motorcycles, Personal
and Household Goods which registered a growth of 9.6 percent.
Financial Intermediation expanded by 10.0 percent in the third quarter of 2019 from
the 7.2 percent recorded in the same period in 2018. Banking Institutions and
H-6
Non-Bank Financial Intermediation contributed the most to the growth of the sector,
which recorded 11.9 percent and 9.8 percent growth, respectively. Meanwhile,
Insurance accelerated to 6.3 percent in 2019 from 3.1 percent. Activities Auxiliary to
Financial Intermediation, on the other hand, recorded 4.5 percent growth.
RERBA expanded by 4.2 percent in the third quarter of 2019, albeit slower than the
5.7 percent growth it posted in the same period in 2018. The growth was driven by
Real Estate which grew by 6.9 percent.
Renting and Other Business Activities grew at a slower pace by 3.0 percent growth
as compared with the 5.4 percent growth in the previous year. On the other hand,
Ownership of Dwellings accelerated to 3.5 percent from the 3.3 percent growth
recorded in the third quarter of 2018.
Public Administration and Defense; Compulsory Social Security grew by 5.3 percent
in the third quarter of 2019 compared with its 17.8 percent growth during the same
period in 2018.
Other Services posted 5.1 percent growth in the third quarter of 2019, slower than
the 7.9 percent growth recorded in the same period of 2018. It was attributed to the
slower growth of Education with 2.7 percent, which has the largest share to total
industry.
On the other hand, other sub-industries accelerated: Hotels and Restaurants, with
9.4 percent; Recreational, Cultural and Sporting Activities, 8.1 percent; Health and
Social Work, 4.1 percent; Other Service Activities, 3.6 percent; and Sewage and
Refuse Disposal Sanitation and Similar Activities, with 5.3 percent.
H-7
EXPENDITURE SIDE
HFCE grew by 5.9 percent in the third quarter of 2019. This was higher than the
5.3 percent growth in the same period of 2018.
Food and Non-alcoholic Beverages, sharing 39.5 percent of the total household
expenditure, grew at a faster pace of 4.3 percent compared with the 3.1 percent
growth recorded a year ago. Meanwhile, Miscellaneous Goods and Services posted
a growth of 9.1 percent growth in the third quarter of 2019.
Other expenditure items which contributed to the growth of HFCE were: Housing,
Water, Electricity, Gas and Other Fuels, 7.5 percent; Transport, 5.5 percent;
Restaurants and Hotels, 8.0 percent; Communication, 7.9 percent; Furnishings,
Household Equipment and Routine Household Maintenance, 5.5 percent; and
Education, 5.1 percent.
On the other hand, Alcoholic Beverages and Tobacco declined at 1.9 percent.
GFCE grew by 9.6 percent in the third quarter of 2019, lower compared with the
14.3 percent growth in the same period in 2018.
Investments in Construction grew by 17.3 percent in the third quarter of 2019, faster
than the 13.3 percent growth recorded in the previous year. Private Construction,
which accounted for 79.6 percent of total construction investments, grew by
19.1 percent. Public Construction also grew by 11.0 percent.
H-8
Road Vehicles, sharing 52.4 percent of the total durable equipment, declined by
12.5 percent from the previous year’s growth of 16.5 percent. The following
subsectors also declined and contributed to the decrease in investments: Air
Transport, 54.6 percent; Mining & Construction Machineries, 44.9 percent; Water
Transport, 40.2 percent; and Agricultural Machineries, 20.1 percent.
Capital Formation for BSOD in the third quarter of 2019 slowed down to 3.4 percent,
compared with the 6.2 percent registered during the same period the previous year.
This was due to lower inventory and price of hog during the period.
IPP grew by 30.5 percent in the third quarter of 2019, higher compared with
24.0 percent recorded during the same period the previous year. The growth can be
attributed to the investment in Computer Software and Databases, and
Entertainment, Literary or Artistic Originals.
H-9
Changes in Inventories recorded a total of Php 26.4 billion withdrawals in the third
quarter of 2019 as compared with the Php 3.6 billion additions in the third quarter of
2018. Only the government sub-sector posted additions in inventory.
The country’s total Exports of Goods declined by 1.3 percent in the third quarter of
2019, which was lower than the 16.8 percent growth in the same quarter the
previous year. This was the lowest since the second quarter of 2015.
Exports of Services grew by 8.1 percent in the third quarter of 2019, higher than the
1.9 percent recorded during the same period in 2018. Travel was the highest
contributor to the growth with 34.9 percent growth. Other contributors to growth
were: Miscellaneous Services, 0.9 percent; Transportation, 0.8 percent; and
Insurance, 3.9 percent. Meanwhile, Government Services declined by 2.2 percent.
The total Imports of Goods contracted by 0.1 percent in the third quarter of 2019. In
the same quarter the previous year, Imports of Goods grew by 21.2 percent.
H -10
The commodities that pulled down the Imports of Goods were: Transport Equipment,
19.7 percent; Base Metals, 22.7 percent; Cereals, 17.4 percent; Chemical products,
12.5 percent; and Feedstuff, 14.4 percent.
Imports of Services recorded 0.7 percent growth in the third quarter of 2019. This
was slower than the 8.1 percent growth in the same period in the previous year.
Travel contributed the most to the growth of this sector as it grew by 6.0 percent.
Moreover, other contributors to growth were Miscellaneous Services at 7.6 percent
and Government at 0.5 percent. On the other hand, Transportation and Insurance
declined by 19.4 percent and 3.0 percent, respectively.
Total Exports valued at PhP 1,445.0 billion at current prices was lower compared
with the Total Imports valued at PhP 2,020.2 billion at current prices during
the third quarter of 2019. As a result, a deficit of PhP 575.2 billion was registered
during the period.
Trade index was recorded at 80.4 percent during the third quarter of 2019, lower
than the 81.6 percent posted during the same period in 2018.
i
Graph I
GRAPH I
GROSS NATIONAL INCO
QUARTERLY GROSS NATIONAL INCOME THIRD QUARTER 2019
Q1 2017 to Q3 2019, At Constant 2000 Prices
3000 2,941
2,937
2900
2,783 2,797
2800
2,821
in Billion Pesos
2,641
2700 2,735
2,671
2600
2,601
2500
2,523
2400 2,448
2300
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
2017 2018 2019
Graph II
GRAPH II
QUARTERLY GROSS DOMESTIC PRODUCT GROSS DOMESTIC PROD
Q1 2017 to Q3 2019, At Constant 2000 Prices
THIRD QUARTER 2019
2600
2,494
2,484
2500
2,347 2,355
2400
in Billion Pesos
2200 2,258
2,220
2100
2,138
2,094
2000
2,007
1900
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
2017 2018 2019
ii
12 EXPORTS
10 IMPORTS
9.6
7.3
8
in Percent
6 5.9
2 0.2
0.2 0.0
0
-2 -2.1 -1.1
-2.4
-4
HFCE GOV'T CAPITAL FORMATION EXPORTS IMPORTS
CONSUMPTION
CURRENT CONSTANT
Graph IV
GRAPH IV
Growth Rate by INDUSTRIAL ORIGIN
Third Quarter 2019 Estimates GDP BY INDUSTRIAL ORIG
At Current Prices, At Constant 2000 Prices THIRD QUARTER 2019
10 8.8
8
6.9
6 4.8
5.6
4
3.1
in Percent
0
INDUSTRY SECTOR SERVICE SECTOR
-2
-4
-3.6
AGRI., HUNTING, FORESTRY AND
-6 FISHING
CURRENT CONSTANT
iii
55.6 HFCE
16.9
55.5 EXPORTS
63.3 IMPORTS
Imports 66.9
9.3
9.6 GFCE
26.6
59.4
24.7
Capital Formation
56.3
Exports
Graph VI
AGRICULTURE, HUNTING,
6.0 FORESTRY and FISHING
6.2
SERVICE SECTOR
27.7 27.7
49.3
49.9
INDUSTRY SECTOR
iv
GRAPH VII
PER CAPITA GNI PER CAPITA GNP
Third Quarter 2017, 2018, 2019 Estimates GROSS NATIONAL INCO
60.0 THIRD QUARTER 2019
50.0
50.3 CURRENT
48.0
CONSTANT
40.0 44.1
in Thousand Pesos
30.0
10.0
0.0
2017 2018 2019
CURRENT CONSTANT
Graph VIII
4.0
in Percent
3.3 3.4
SERVICE
3.0 SECTOR
892
800 1001
in Billion Pesos
947
869 TOTAL NPI
806
600
2017 2018 2019
400
TOTAL NPI
115 119
200 59 57 96
33
0 0 0
-
COMPENSATION, PROPERTY INCOME, COMPENSATION, PROPERTY EXPENSE,
INFLOW INFLOW OUTFLOW OUTFLOW
Graph X
TOTAL EXPORTS
Third Quarter 2017, 2018, 2019 Estimates GRAPH X
TOTAL EXPORTS
THIRD QUARTER 2019
1,600
1,586 1,589
1,400 1,480
1,389 1,445 CURRENT
1,311
1,200 CONSTANT
1,000
in Billion Pesos
800
600
400
200
-
2017 2018 2019
CURRENT CONSTANT
vi
671
700
627
600 544
in Billion Pesos
500
400
300
200 108
110
93
29
100
20 23 25 24 24 23 23
9
0
COMPONENTS/DEVICES ELECTRONIC DATA COMMUNICATION/RADAR IGNITION WIRING SETS CONSUMER ELECTRONICS
(SEMICONDUCTORS) PROCESSING
Graph XII
vii
Source: Philippine Statistics Authority
vii
Graph XIII
GRAPH XIII
CONTRIBUTION TO GROWTH IN TOTAL EXPORTS CONTRIBUTION TO GROW
Third Quarter 2018 and 2019 THIRD QUARTER 2019
16
0.3
14 EXPORTS OF GOODS
12 EXPORTS OF SERVICES
in Percentage Point
10
8
6 13.9
4
2 1.3
0 -1.1
-2
2017-2018 2018-2019
2017-2018 2018-2019
Change Contribution to Change Contribution to
EXPORTS (In billion pesos, Exports Growth (In billion pesos, Exports Growth
at constant 2000 prices) (in percent) at constant 2000 prices) (in percent)
Exports of Goods 192.6 13.9 -17.4 -1.1
Exports of Services 4.7 0.3 20.1 1.3
TOTAL 197.4 14.2 2.7 0.2
Graph XIV
GRAPH XIV
TOTAL IMPORTS TOTAL IMPORTS
Third Quarter 2017, 2018, 2019 Estimates THIRD QUARTER 2019
2500
CURRENT
CONSTANT
2000 2043
2020
1787 1787
in Billion Pesos
1500 1645
1501
1000
500
0
2017 2018 2019
CURRENT CONSTANT
viii
300
in Billion Pesos
250
203
200 160 154
0
COMPONENTS ELECTRONIC TRANSPORT MACHINERY AND ELECTRICAL
/DEVICES DATA EQUIPMENT MECHANICAL MACHINERY
(SEMICONDUCTORS) PROCESSING APPLIANCES
Graph XVI
GRAPH XVII
CONTRIBUTION TO GROWTH IN TOTAL IMPORTS
CONTRIBUTION TO GROW
Third Quarter, 2018 and 2019
THIRD QUARTER 2019
25.0
1.3 IMPORTS OF GOODS
20.0 IMPORTS OF SERVICES
15.0
In Percent
10.0 17.8
5.0 0.1
0.0 -0.1
2017-2018 2018-2019
-5.0
2017-2018 2018-2019
Change Contribution to Change Contribution to
IMPORTS (In billion pesos, Imports Growth (In billion pesos, Imports Growth
at constant 2000 prices) (in percent) at constant 2000 prices) (in percent)
Imports of Goods 266.8 17.8 -2.1 -0.1
Imports of Services 19.8 1.3 1.7 0.1
TOTAL 286.6 19.1 -0.4 0.0
Graph XVIII
81.6
-300
Index
-334.1
81
80.4
-400
79
-500
-563.6 77
-600
-575.2
-700 75
2017 2018 2019
GRAPH XIX
Growth Rate by AGRICULTURE, HUNTING, FISHERY & FORESTRY
Third Quarter 2019 Estimates AGRICULTURE FISHERY &
4
THIRD QUARTER 2019
3.5
3
FISHING
2
1
1.0
0
in Percent
-0.1
-1
-2
-3
-4
-4.3
-5
AGRICULTURE and FORESTRY FISHING
CURRENT CONSTANT
Graph XX
15 16.3
10
in Percent
5.2
5 7.2
2.4
0
-1.5
-5
-4.9
-10 -8.7
-15
MINING & QUARRYING MANUFACTURING CONSTRUCTION ELECT, GAS & WATER
SUPPLY
CURRENT CONSTANT
11.8
12 TRADE
9.6
FINANCE
10 9.1
10.0 8.7
7.7 9.1
8
in Percent
8.1 7.0
6
5.3 5.1
4
4.2
0
TRANSPORT, STOR., TRADE FINANCE REAL EST., RENTING PUBLIC ADMIN. & OTHER
& COMM. & BUSINESS ACT. DEF.; COMPULSORY SERVICES
SERV.
CURRENT CONSTANT
Graph XXII
FIXED CAPITAL
10
6.2
4.2
5
2.1
3.4 BS & OD
0
-5
-10 -9.1
-10.4
-15
FIXED CAPITAL CONSTRUCTION DURABLE EQUIP. BS & OD INTELLECTUAL PROP.
PROD.
CURRENT CONSTANT
2018-2019
Q2 2019
Growth Rates As of Reasons for revisions
Expenditure Accounts As of August November Change
2019 2019
1. Household Final Consumption Expenditure
Current 8.4 8.3 -0.1 Updated indicators
Constant 5.6 5.5 -0.1
3. Capital Formation
Current -5.9 -6.5 -0.6
Constant -8.5 -8.5 -0.1
a. Fixed Capital
Current -1.6 -1.3 0.4
Constant -4.8 -4.6 0.1
i. Construction
Current 4.5 4.6 0.1 Availability of 60 days June Building Permit data
Constant 2.6 2.8 0.2 Updated QSPBI data
PPP Construction Project data
ii. Durable Equipment
Current -12.7 -11.9 0.8 Revised June imports of data of FTS
Constant -13.0 -12.8 0.1 Updated MISSI and QSPBI data
b. Changes in Inventories
Availability of June 2019 rice, corn, livestock and poultry
Current -63,157 -74,219 -11,063 inventory
Constant -27,209 -28,657 -1,449 Revised June exports (sugar)
Updated MISSI and QSPBI data
Availability of crude and petroleum inventory
4. Exports
Current 3.5 4.0 0.5
Constant 4.4 4.8 0.4
a. Export of Goods
Current 0.2 0.7 0.4 Revised June 2019 FTS data
Constant 4.6 4.9 0.4
b. Export of Services
Current 6.8 7.3 0.5 Revised April 2019 BOP data
Constant 3.8 4.3 0.5 Availability of May and June 2019 BOP data
Availability of June 2019 DOT data
5. Imports
Current -1.8 -1.8 0.0
Constant 0.0 -0.1 -0.1
a. Imports of Goods
Current -2.6 -2.6 0.0 Revised June 2019 FTS data
Constant -0.2 -0.3 -0.1 Updated BOP data for May and June 2019
b. Imports Services
Current 2.5 2.2 -0.3 Revised April 2019 BOP data
Constant 1.5 1.1 -0.4 Availability of May and June 2019 BOP data
Revised Compensation Inflow
6. Net Primary Income
Current 6.3 5.5 -0.8 Revised April 2019 BOP data
Constant 3.1 2.3 -0.8 Availability of May and June 2019 BOP data
Updated indicators
1/
The PSA adopts the approved revision policy based on PSA Board Resolution No. 1 series of 2017-053
Note: Details may not add up due to rounding.
NATIONAL ACCOUNTS OF THE PHILIPPINES XIV
1/
SOURCES OF REVISIONS
As of November 2019
2018-2019
Q2 2019
Growth Rates As of Reasons for revisions
Production Accounts As of August November Change
2019 2019
2. Industry
Current 3.8 3.9 0.1
Constant 3.7 3.7 0.0
b. Manufacturing
Current 2.7 2.8 0.1 Updated April to June 2019 MISSI Report
Constant 4.0 3.9 -0.1 Updated QSPBI data
Updated April to June 2019 PPI report
c. Construction
Current 2.6 2.6 0.0 Availability of 60 days June Building Permit data
Constant -0.6 -0.5 0.1 Updated QSPBI data
PPP Construction Project data
c. Financial Intermediation
Current 12.4 12.5 0.0 Updated QSPBI data
Constant 9.2 9.2 0.0 Availability of financial statements
f. Other Services
Current 9.7 9.6 -0.1 Updated QSPBI data
Constant 7.8 7.7 -0.1 Availability of financial statements
1/
The PSA adopts the approved revision policy based on PSA Board Resolution No. 1 series of 2017-053
Note: Details may not add up due to rounding.
THE SEASONALLY ADJUSTED
NATIONAL ACCOUNTS OF THE PHILIPPINES
Third Quarter 2019
2,600
Original Data vs. Seasonally Adjusted
Gross Domestic Product SEASONALLY ADJUSTED
Q1 2012 to Q3 2019
2,500
GROSS DOMESTIC PRODUCT &
2,400
2,300
GROSS NATIONAL INCOME
2,200
in Billion Pesos
■
2,100
2,000
Gross Domestic Product (GDP)
1,900
grew quarter-on-quarter by 1.6 percent in the
1,800 third quarter of 2019. Trade, Construction and
1,700 ORIGINAL
Financial Intermediation were the top drivers of
1,600 SEASONAL ADJ
growth for the quarter.
1,500
0
1,400
All major industries posted quarter-on-quarter
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
2,700
Gross National Income (GNI) in the third quarter
2,600 of 2019 was at 1.9 percent.
in Billion Pesos
2,500
2,400
2,300
2,200
2,100
2,000
ORIGINAL
1,900
1,600
0
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
1,500
quarter-on-quarter by 1.5 percent in the third
1,400 quarter of 2019. Growth in HFCE was driven by
1,300 the following: Food and Non-Alcoholic
ORIGINAL
1,200 Beverages; Miscellaneous Goods and Services;
SEASONAL ADJ
1,100 and Housing, Water, Electricity Gas and Other
0
1,000 Fuels.
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
200
Fishing grew quarter-on-quarter by
1.5 percent in the third quarter of
in Billion Pesos
190
180
2019.Top contributors to growth were
170
Poultry, Agricultural activities and
160 services and Livestock.
150 ORIGINAL
0
130
Q2
Q4
Q1
Q3
Q4
Q2
Q4
Q1
Q3
Q4
Q2
Q4
Q1
Q3
Q1
Q2
Q4
Q1
Q3
Q1
Q3
Q2
Q1
Q3
Q2
Q1
Q3
Q2
Q4
Q3
Q2
2012 2013 2014 2015 2016 2017 2018 2019
650
600
Water Supply contributed to the growth.
550
ORIGINAL
500
SEASON ADJ
450
0
400
Q1
Q2
Q1
Q2
Q3
Q4
Q3
Q4
Q1
Q1
Q2
Q3
Q2
Q3
Q4
Q1
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q2
Q3
Q4
Q4
Q1
Q2
Q3
Q3
1,500
■ Services also posted a quarter-on-
quarter growth of 1.5 percent in the third
1,400
1,200
Intermediation and Transport, Storage and
1,100
Communication.
1,000
900 ORIGINAL
SEASONAL ADJ
800
0
700
Q1
Q4
Q2
Q1
Q3
Q2
Q4
Q3
Q1
Q4
Q2
Q1
Q3
Q2
Q3
Q1
Q3
Q4
Q2
Q4
Q1
Q3
Q1
Q2
Q4
Q2
Q3
Q1
Q3
Q4
Q2
4.0
SEASONALLY ADJUSTED GDP
2,700
3.0
2,300
2.0
In Billion Pesos
2,100
1,900
1.0
1,700
1,500
0
1,300 0.0
2012 2013 2014 2015 2016 2017 2018 2019 2012 2013 2014 2015 2016 2017 2018 2019
`
4.6
SEASONALLY ADJUSTED GNI
3,000
2,600
In Billion Pesos
2,400
0.0
2,200
2,000
1,800
-2.3
2012 2013 2014 2015 2016 2017 2018 2019
0
1,600
2012 2013 2014 2015 2016 2017 2018 2019
2.5
SEASONALLY ADJUSTED HFCE
2.0
1,800
Growth Rate (In Percent)
1,700
1,600 1.5
In Billion Pesos
1,500
1,400 1.0
1,300
1,200 0.5
1,100
0
1,000
2012 2013 2014 2015 2016 2017 2018 2019 0.0
2012 2013 2014 2015 2016 2017 2018 2019
`
SEASONALLY ADJUSTED NATIONAL ACCOUNTS SERIES QUARTER TO QUARTER GROWTH RATES
At Constant Prices (2000=100) First Quarter 2012 to Third Quarter 2019
(As of November 2019)
AGRICULTURE 5.0
195
4.0
190 3.0
2.0
180
0.0
-1.0
175 -2.0
-3.0
170
-4.0
0
165 -5.0
2012 2013 2014 2015 2016 2017 2018 2019 2012 2013 2014 2015 2016 2017 2018 2019
INDUSTRY 8.0
850
800
6.0
750
650
600
2.0
550
500
0.0
450
0
400
-2.0
2012 2013 2014 2015 2016 2017 2018 2019
2012 2013 2014 2015 2016 2017 2018 2019
1,500
SERVICES 4.0
1,400
1,300
Growth Rate (In Percent)
1,200
In Billion Pesos
1,100 2.0
1,000
900
800
0
700 0.0
2012 2013 2014 2015 2016 2017 2018 2019 2012 2013 2014 2015 2016 2017 2018 2019
xxi
Confidence Intervals for the Growth Rate of the Gross Domestic Product (GDP)
TABLE 1A. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY EXPENDITURE SHARES
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CURRENT PRICES
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
TYPE OF EXPENDITURE Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. Household Final Consumption
Expenditure 2,687,723 2,858,272 2,791,186 3,276,961 2,941,384 3,167,260 3,113,206 3,643,079 3,227,062 3,431,434 3,340,451 8,337,181 9,221,849 9,998,947
2. Government Final Consumption Expenditure 360,535 511,156 431,561 473,653 419,266 590,087 513,186 555,898 463,922 649,319 576,882 1,303,252 1,522,539 1,690,123
3. Capital Formation 925,328 985,419 963,333 1,099,411 1,057,991 1,184,790 1,203,307 1,248,263 1,181,559 1,108,109 1,205,537 2,874,081 3,446,088 3,495,204
A. Fixed Capital 913,340 989,734 973,271 1,077,285 1,025,074 1,197,374 1,196,899 1,244,510 1,138,325 1,182,328 1,270,962 2,876,345 3,419,348 3,591,615
1. Construction 413,522 539,170 479,665 506,587 476,577 637,564 582,475 629,725 528,261 667,003 704,342 1,432,357 1,696,616 1,899,605
2. Durable Equipment 427,966 376,987 424,459 476,982 467,328 474,972 533,676 508,260 519,569 418,279 478,296 1,229,412 1,475,976 1,416,144
3. Breeding Stock &
Orchard Dev't 49,666 51,036 47,937 67,450 58,042 57,916 55,864 75,169 64,591 64,638 58,193 148,639 171,821 187,421
4. Intellectual Property Products 22,185 22,541 21,211 26,266 23,127 26,923 24,885 31,356 25,905 32,408 30,131 65,936 74,935 88,445
B. Changes in Inventories 11,989 -4,314 -9,939 22,127 32,917 -12,584 6,408 3,753 43,234 -74,219 -65,425 -2,264 26,740 -96,411
4. Exports 1,217,654 1,163,957 1,311,255 1,211,171 1,345,420 1,332,880 1,479,908 1,363,111 1,397,558 1,386,029 1,445,039 3,692,866 4,158,208 4,228,626
A. Exports of Goods 687,992 584,973 806,539 756,284 706,735 666,398 935,357 860,777 710,918 670,866 847,586 2,079,505 2,308,489 2,229,370
B. Exports of Services 529,662 578,983 504,716 454,887 638,685 666,482 544,552 502,334 686,640 715,163 597,453 1,613,361 1,849,718 1,999,256
5. Less : Imports 1,653,779 1,537,830 1,645,392 1,623,981 1,861,751 1,938,410 2,043,488 1,889,184 2,037,412 1,903,618 2,020,241 4,837,001 5,843,649 5,961,270
A. Imports of Goods 1,345,620 1,252,387 1,337,206 1,250,636 1,523,865 1,620,266 1,707,175 1,471,129 1,673,848 1,578,506 1,677,850 3,935,214 4,851,306 4,930,205
B. Imports of Services 308,159 285,442 308,186 373,345 337,886 318,145 336,313 418,055 363,563 325,112 342,390 901,787 992,343 1,031,065
6. Statistical Discrepancy 28,652 -35,716 -30,252 37,316 13,044 4,142 -40,637 23,451 -27,246 -44,204 -44,034 -37,316 -23,451 -115,483
GROSS DOMESTIC PRODUCT 3,566,114 3,945,258 3,821,691 4,474,533 3,915,354 4,340,749 4,225,482 4,944,618 4,205,443 4,627,070 4,503,634 11,333,063 12,481,584 13,336,147
Net Primary Income 786,116 796,333 805,978 810,366 852,541 860,268 892,154 878,726 910,822 907,840 938,382 2,388,426 2,604,963 2,757,044
GROSS NATIONAL INCOME 4,352,229 4,741,591 4,627,669 5,284,899 4,767,895 5,201,016 5,117,636 5,823,344 5,116,265 5,534,910 5,442,016 13,721,489 15,086,546 16,093,191
========================================================================================================================================================================================
Note : Net factor income from the rest of the world now includes interest payments on public debt in its outflow
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 2
Unit: In million pesos As of November 2019
TABLE 1B. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY EXPENDITURE SHARES
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CONSTANT 2000 PRICES
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
TYPE OF EXPENDITURE Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3. Capital Formation 631,213 567,731 595,122 711,383 696,542 681,352 711,757 746,213 752,245 623,129 696,980 1,794,066 2,089,651 2,072,354
A. Fixed Capital 618,064 573,058 607,404 685,719 668,970 683,459 708,122 744,263 711,780 651,787 723,340 1,798,526 2,060,550 2,086,907
1. Construction 173,101 230,001 205,824 230,308 191,833 257,449 233,191 270,747 204,045 264,672 273,632 608,926 682,473 742,349
2. Durable Equipment 391,917 295,920 350,285 392,957 420,152 372,041 414,948 401,939 445,744 324,236 377,252 1,038,122 1,207,142 1,147,232
3. Breeding Stock &
Orchard Dev't 27,942 24,905 20,271 33,136 29,094 25,797 21,526 34,867 30,207 26,716 22,256 73,119 76,418 79,180
4. Intellectual Property Products 25,104 22,231 31,024 29,318 27,890 28,172 38,456 36,710 31,784 36,163 50,199 78,359 94,518 118,146
B. Changes in Inventories 13,149 -5,326 -12,282 25,664 27,572 -2,107 3,636 1,950 40,465 -28,657 -26,361 -4,460 29,101 -14,554
4. Exports 1,181,832 1,260,326 1,389,093 1,104,448 1,303,859 1,445,475 1,586,458 1,263,356 1,377,595 1,514,723 1,589,174 3,831,252 4,335,793 4,481,492
A. Exports of Goods 921,367 976,582 1,144,136 886,350 1,002,138 1,134,120 1,336,773 1,029,176 1,064,933 1,190,134 1,319,352 3,042,084 3,473,031 3,574,419
B. Exports of Services 260,465 283,745 244,958 218,099 301,721 311,355 249,685 234,181 312,663 324,588 269,822 789,168 862,762 907,073
5. Less : Imports 1,417,241 1,351,244 1,500,880 1,387,897 1,577,984 1,635,037 1,787,469 1,559,961 1,713,777 1,633,830 1,787,113 4,269,365 5,000,489 5,134,721
A. Imports of Goods 1,156,730 1,137,689 1,255,864 1,081,897 1,293,990 1,399,331 1,522,641 1,220,858 1,410,455 1,395,469 1,520,549 3,550,283 4,215,962 4,326,473
B. Imports of Services 260,512 213,555 245,016 306,000 283,994 235,706 264,828 339,103 303,322 238,361 266,565 719,082 784,528 808,248
6. Statistical Discrepancy 6,494 -2,852 -13,696 10,054 4,274 -2,124 -21,037 18,888 22,279 7,688 16,627 -10,054 -18,888 46,594
GROSS DOMESTIC PRODUCT 2,006,630 2,218,069 2,094,011 2,347,108 2,138,010 2,354,760 2,220,086 2,494,033 2,257,549 2,484,305 2,357,366 6,318,710 6,712,856 7,099,220
Net Primary Income 440,999 423,300 428,683 435,545 462,705 442,495 451,044 447,121 477,352 452,685 463,926 1,292,982 1,356,243 1,393,963
GROSS NATIONAL INCOME 2,447,629 2,641,369 2,522,695 2,782,653 2,600,715 2,797,254 2,671,129 2,941,154 2,734,900 2,936,990 2,821,293 7,611,692 8,069,098 8,493,183
========================================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 3
Unit: In Percent As of November 2019
TABLE 2A. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY EXPENDITURE SHARES
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CURRENT PRICES
Percent Distribution
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
TYPE OF EXPENDITURE Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3. Capital Formation 21.3 20.8 20.8 20.8 22.2 22.8 23.5 21.4 23.1 20.0 22.2 20.9 22.8 21.7
A. Fixed Capital 21.0 20.9 21.0 20.4 21.5 23.0 23.4 21.4 22.2 21.4 23.4 21.0 22.7 22.3
1. Construction 9.5 11.4 10.4 9.6 10.0 12.3 11.4 10.8 10.3 12.1 12.9 10.4 11.2 11.8
2. Durable Equipment 9.8 8.0 9.2 9.0 9.8 9.1 10.4 8.7 10.2 7.6 8.8 9.0 9.8 8.8
3. Breeding Stock &
Orchard Dev't 1.1 1.1 1.0 1.3 1.2 1.1 1.1 1.3 1.3 1.2 1.1 1.1 1.1 1.2
4. Intellectual Property Products 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.6 0.6 0.5 0.5 0.5
4. Exports 28.0 24.5 28.3 22.9 28.2 25.6 28.9 23.4 27.3 25.0 26.6 26.9 27.6 26.3
A. Exports of Goods 15.8 12.3 17.4 14.3 14.8 12.8 18.3 14.8 13.9 12.1 15.6 15.2 15.3 13.9
B. Exports of Services 12.2 12.2 10.9 8.6 13.4 12.8 10.6 8.6 13.4 12.9 11.0 11.8 12.3 12.4
5. Less : Imports 38.0 32.4 35.6 30.7 39.0 37.3 39.9 32.4 39.8 34.4 37.1 35.3 38.7 37.0
A. Imports of Goods 30.9 26.4 28.9 23.7 32.0 31.2 33.4 25.3 32.7 28.5 30.8 28.7 32.2 30.6
B. Imports of Services 7.1 6.0 6.7 7.1 7.1 6.1 6.6 7.2 7.1 5.9 6.3 6.6 6.6 6.4
GROSS DOMESTIC PRODUCT 81.9 83.2 82.6 84.7 82.1 83.5 82.6 84.9 82.2 83.6 82.8 82.6 82.7 82.9
GROSS NATIONAL INCOME 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0
========================================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 4
Unit: In Percent As of November 2019
TABLE 2B. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY EXPENDITURE SHARES
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CONSTANT 2000 PRICES
Percent Distribution
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
TYPE OF EXPENDITURE Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3. Capital Formation 25.8 21.5 23.6 25.6 26.8 24.4 26.6 25.4 27.5 21.2 24.7 23.6 25.9 24.4
A. Fixed Capital 25.3 21.7 24.1 24.6 25.7 24.4 26.5 25.3 26.0 22.2 25.6 23.6 25.5 24.6
1. Construction 7.1 8.7 8.2 8.3 7.4 9.2 8.7 9.2 7.5 9.0 9.7 8.0 8.5 8.7
2. Durable Equipment 16.0 11.2 13.9 14.1 16.2 13.3 15.5 13.7 16.3 11.0 13.4 13.6 15.0 13.5
3. Breeding Stock &
Orchard Dev't 1.1 0.9 0.8 1.2 1.1 0.9 0.8 1.2 1.1 0.9 0.8 1.0 0.9 0.9
4. Intellectual Property Products 1.0 0.8 1.2 1.1 1.1 1.0 1.4 1.2 1.2 1.2 1.8 1.0 1.2 1.4
4. Exports 48.3 47.7 55.1 39.7 50.1 51.7 59.4 43.0 50.4 51.6 56.3 50.3 53.7 52.8
A. Exports of Goods 37.6 37.0 45.4 31.9 38.5 40.5 50.0 35.0 38.9 40.5 46.8 40.0 43.0 42.1
B. Exports of Services 10.6 10.7 9.7 7.8 11.6 11.1 9.3 8.0 11.4 11.1 9.6 10.4 10.7 10.7
5. Less : Imports 57.9 51.2 59.5 49.9 60.7 58.5 66.9 53.0 62.7 55.6 63.3 56.1 62.0 60.5
A. Imports of Goods 47.3 43.1 49.8 38.9 49.8 50.0 57.0 41.5 51.6 47.5 53.9 46.6 52.2 50.9
B. Imports of Services 10.6 8.1 9.7 11.0 10.9 8.4 9.9 11.5 11.1 8.1 9.4 9.4 9.7 9.5
GROSS DOMESTIC PRODUCT 82.0 84.0 83.0 84.3 82.2 84.2 83.1 84.8 82.5 84.6 83.6 83.0 83.2 83.6
GROSS NATIONAL INCOME 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0
========================================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 5
Unit: In Percent As of November 2019
TABLE 3A. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY EXPENDITURE SHARES
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CURRENT PRICES
Growth Rates
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17-18 18-19 FIRST TO THIRD QUARTER
TYPE OF EXPENDITURE Q1 Q2 Q3 Q4 Q1 Q2 Q3 17-18 18-19
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3. Capital Formation 14.3 20.2 24.9 13.5 11.7 -6.5 0.2 19.9 1.4
A. Fixed Capital 12.2 21.0 23.0 15.5 11.0 -1.3 6.2 18.9 5.0
1. Construction 15.2 18.2 21.4 24.3 10.8 4.6 20.9 18.4 12.0
2. Durable Equipment 9.2 26.0 25.7 6.6 11.2 -11.9 -10.4 20.1 -4.1
3. Breeding Stock &
Orchard Dev't 16.9 13.5 16.5 11.4 11.3 11.6 4.2 15.6 9.1
4. Intellectual Property Products 4.2 19.4 17.3 19.4 12.0 20.4 21.1 13.6 18.0
4. Exports 10.5 14.5 12.9 12.5 3.9 4.0 -2.4 12.6 1.7
A. Exports of Goods 2.7 13.9 16.0 13.8 0.6 0.7 -9.4 11.0 -3.4
B. Exports of Services 20.6 15.1 7.9 10.4 7.5 7.3 9.7 14.6 8.1
5. Less : Imports 12.6 26.0 24.2 16.3 9.4 -1.8 -1.1 20.8 2.0
A. Imports of Goods 13.2 29.4 27.7 17.6 9.8 -2.6 -1.7 23.3 1.6
B. Imports of Services 9.6 11.5 9.1 12.0 7.6 2.2 1.8 10.0 3.9
GROSS DOMESTIC PRODUCT 9.8 10.0 10.6 10.5 7.4 6.6 6.6 10.1 6.8
GROSS NATIONAL INCOME 9.6 9.7 10.6 10.2 7.3 6.4 6.3 9.9 6.7
==============================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 6
Unit: In Percent As of November 2019
TABLE 3B. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY EXPENDITURE SHARES
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CONSTANT 2000 PRICES
Growth Rates
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17-18 18-19 FIRST TO THIRD QUARTER
TYPE OF EXPENDITURE Q1 Q2 Q3 Q4 Q1 Q2 Q3 17-18 18-19
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3. Capital Formation 10.3 20.0 19.6 4.9 8.0 -8.5 -2.1 16.5 -0.8
A. Fixed Capital 8.2 19.3 16.6 8.5 6.4 -4.6 2.1 14.6 1.3
1. Construction 10.8 11.9 13.3 17.6 6.4 2.8 17.3 12.1 8.8
2. Durable Equipment 7.2 25.7 18.5 2.3 6.1 -12.8 -9.1 16.3 -5.0
3. Breeding Stock &
Orchard Dev't 4.1 3.6 6.2 5.2 3.8 3.6 3.4 4.5 3.6
4. Intellectual Property Products 11.1 26.7 24.0 25.2 14.0 28.4 30.5 20.6 25.0
4. Exports 10.3 14.7 14.2 14.4 5.7 4.8 0.2 13.2 3.4
A. Exports of Goods 8.8 16.1 16.8 16.1 6.3 4.9 -1.3 14.2 2.9
B. Exports of Services 15.8 9.7 1.9 7.4 3.6 4.3 8.1 9.3 5.1
5. Less : Imports 11.3 21.0 19.1 12.4 8.6 -0.1 0.0 17.1 2.7
A. Imports of Goods 11.9 23.0 21.2 12.8 9.0 -0.3 -0.1 18.8 2.6
B. Imports of Services 9.0 10.4 8.1 10.8 6.8 1.1 0.7 9.1 3.0
GROSS DOMESTIC PRODUCT 6.5 6.2 6.0 6.3 5.6 5.5 6.2 6.2 5.8
GROSS NATIONAL INCOME 6.3 5.9 5.9 5.7 5.2 5.0 5.6 6.0 5.3
==============================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 7
Base Year: 2000 As of November 2019
TABLE 4. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY EXPENDITURE SHARES
1ST QUARTER 2017 TO 3RD QUARTER 2019
Implicit Price Index
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
TYPE OF EXPENDITURE Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
3. Capital Formation 146.6 173.6 161.9 154.5 151.9 173.9 169.1 167.3 157.1 177.8 173.0 160.2 164.9 168.7
A. Fixed Capital 147.8 172.7 160.2 157.1 153.2 175.2 169.0 167.2 159.9 181.4 175.7 159.9 165.9 172.1
1. Construction 238.9 234.4 233.0 220.0 248.4 247.6 249.8 232.6 258.9 252.0 257.4 235.2 248.6 255.9
2. Durable Equipment 109.2 127.4 121.2 121.4 111.2 127.7 128.6 126.5 116.6 129.0 126.8 118.4 122.3 123.4
3. Breeding Stock &
Orchard Dev't 177.7 204.9 236.5 203.6 199.5 224.5 259.5 215.6 213.8 241.9 261.5 203.3 224.8 236.7
4. Intellectual Property Products 88.4 101.4 68.4 89.6 82.9 95.6 64.7 85.4 81.5 89.6 60.0 84.1 79.3 74.9
4. Exports 103.0 92.4 94.4 109.7 103.2 92.2 93.3 107.9 101.4 91.5 90.9 96.4 95.9 94.4
A. Exports of Goods 74.7 59.9 70.5 85.3 70.5 58.8 70.0 83.6 66.8 56.4 64.2 68.4 66.5 62.4
B. Exports of Services 203.4 204.1 206.0 208.6 211.7 214.1 218.1 214.5 219.6 220.3 221.4 204.4 214.4 220.4
5. Less : Imports 116.7 113.8 109.6 117.0 118.0 118.6 114.3 121.1 118.9 116.5 113.0 113.3 116.9 116.1
A. Imports of Goods 116.3 110.1 106.5 115.6 117.8 115.8 112.1 120.5 118.7 113.1 110.3 110.8 115.1 114.0
B. Imports of Services 118.3 133.7 125.8 122.0 119.0 135.0 127.0 123.3 119.9 136.4 128.4 125.4 126.5 127.6
GROSS DOMESTIC PRODUCT 177.7 177.9 182.5 190.6 183.1 184.3 190.3 198.3 186.3 186.3 191.0 179.4 185.9 187.9
GROSS NATIONAL INCOME 177.8 179.5 183.4 189.9 183.3 185.9 191.6 198.0 187.1 188.5 192.9 180.3 187.0 189.5
========================================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 8
Unit: In million pesos As of November 2019
TABLE 5A. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CURRENT PRICES
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
INDUSTRY Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. AGRI., HUNTING, FORESTRY AND FISHING 364,124 349,523 347,209 466,715 396,704 369,294 366,229 485,682 383,418 355,017 352,973 1,060,856 1,132,227 1,091,408
a. Agriculture and forestry 317,522 304,531 293,838 414,482 347,878 321,243 306,049 427,870 330,817 302,053 292,826 915,892 975,170 925,696
b. Fishing 46,601 44,992 53,371 52,233 48,826 48,050 60,180 57,812 52,601 52,964 60,148 144,964 157,057 165,712
2. INDUSTRY SECTOR 1,102,885 1,175,702 1,090,690 1,441,565 1,226,132 1,311,456 1,217,361 1,603,097 1,308,964 1,362,847 1,275,892 3,369,277 3,754,948 3,947,702
a. Mining & Quarrying 31,240 34,958 35,773 31,984 36,731 39,002 35,877 34,575 37,976 40,505 32,768 101,971 111,610 111,249
b. Manufacturing 719,078 675,577 676,663 1,004,056 785,486 734,999 728,578 1,071,284 827,902 755,587 717,421 2,071,318 2,249,063 2,300,909
c. Construction 235,120 316,930 270,283 291,273 271,370 376,017 332,571 367,598 299,770 385,877 399,087 822,333 979,958 1,084,733
d. Electricity, Gas and Water Supply 117,447 148,238 107,971 114,252 132,545 161,437 120,334 129,641 143,316 180,879 126,616 373,656 414,317 450,811
3. SERVICE SECTOR 2,099,106 2,420,032 2,383,792 2,566,254 2,292,517 2,659,999 2,641,892 2,855,839 2,513,062 2,909,206 2,874,768 6,902,930 7,594,409 8,297,036
a. Transport, Storage & Communication 230,225 261,280 221,582 249,486 247,357 279,451 238,099 265,613 267,589 297,322 256,331 713,088 764,907 821,242
b. Trade & Repair of Motor Vehicles,
Motorcycles, Personal & Household Goods 601,268 709,659 778,645 828,328 658,669 787,453 859,298 923,942 720,701 865,935 937,075 2,089,572 2,305,421 2,523,710
c. Financial Intermediation 310,512 344,412 315,867 326,791 347,444 388,325 357,208 368,048 397,621 436,688 399,322 970,792 1,092,977 1,233,631
d. R. Estate, Renting & Business Activities 474,373 518,578 546,237 545,108 505,937 550,119 586,842 584,177 537,650 585,207 627,788 1,539,188 1,642,898 1,750,645
e. Public Administration & Defense;
Compulsory Social Security 122,046 174,787 153,199 204,007 140,955 207,545 191,180 247,784 162,082 234,119 209,490 450,031 539,680 605,691
f. Other Services 360,681 411,316 368,262 412,533 392,155 447,106 409,265 466,275 427,418 489,935 444,764 1,140,259 1,248,526 1,362,117
GROSS DOMESTIC PRODUCT 3,566,114 3,945,258 3,821,691 4,474,533 3,915,354 4,340,749 4,225,482 4,944,618 4,205,443 4,627,070 4,503,634 11,333,063 12,481,584 13,336,147
Net Primary Income 786,116 796,333 805,978 810,366 852,541 860,268 892,154 878,726 910,822 907,840 938,382 2,388,426 2,604,963 2,757,044
GROSS NATIONAL INCOME 4,352,229 4,741,591 4,627,669 5,284,899 4,767,895 5,201,016 5,117,636 5,823,344 5,116,265 5,534,910 5,442,016 13,721,489 15,086,546 16,093,191
========================================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 9
Unit: In million pesos As of November 2019
TABLE 5B. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CONSTANT 2000 PRICES
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
INDUSTRY Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. AGRI., HUNTING, FORESTRY AND FISHING 182,135 173,925 164,491 218,646 184,201 174,527 164,445 222,608 185,572 175,963 169,506 520,550 523,173 531,040
a. Agriculture and forestry 154,566 147,289 134,950 180,158 157,622 147,785 135,181 183,176 158,623 148,322 139,956 436,805 440,589 446,902
b. Fishing 27,569 26,636 29,541 38,487 26,578 26,742 29,264 39,431 26,948 27,640 29,550 83,745 82,584 84,138
2. INDUSTRY SECTOR 684,783 750,083 697,796 812,877 737,435 799,205 739,410 866,797 772,891 828,681 781,022 2,132,661 2,276,049 2,382,594
a. Mining & Quarrying 19,905 30,285 16,727 17,878 21,381 28,649 16,511 19,324 22,384 32,834 15,706 66,917 66,541 70,924
b. Manufacturing 494,415 497,879 470,641 581,254 530,522 526,215 488,464 599,810 556,381 546,494 500,264 1,462,935 1,545,201 1,603,139
c. Construction 109,265 150,227 131,618 146,996 120,429 169,740 151,661 176,464 126,987 168,919 176,350 391,110 441,830 472,256
d. Electricity, Gas and Water Supply 61,197 71,692 78,810 66,749 65,103 74,601 82,774 71,199 67,138 80,435 88,701 211,699 222,477 236,274
3. SERVICE SECTOR 1,139,713 1,294,061 1,231,725 1,315,586 1,216,375 1,381,028 1,316,231 1,404,628 1,299,086 1,479,661 1,406,839 3,665,499 3,913,634 4,185,586
a. Transport, Storage & Communication 154,641 169,897 139,344 172,729 164,782 180,028 146,829 179,164 177,234 190,569 160,175 463,883 491,640 527,978
b. Trade and Repair of Motor Vehicles,
Motorcycles, Personal
and Household Goods 311,915 354,476 385,948 414,667 331,007 375,662 405,776 442,423 355,036 407,284 438,449 1,052,339 1,112,445 1,200,769
c. Financial Intermediation 153,670 169,079 154,398 157,992 165,628 181,934 165,482 167,961 182,594 198,676 181,961 477,147 513,044 563,231
d. R. Estate, Renting & Business Activities 224,104 261,380 258,845 255,091 234,375 273,268 273,613 265,437 243,040 283,603 285,054 744,329 781,256 811,698
e. Public Administration & Defense;
Compulsory Social Security 74,056 96,170 82,598 93,410 83,825 110,586 97,318 107,130 91,987 120,069 102,490 252,824 291,729 314,545
f. Other Services 221,327 243,059 210,592 221,696 236,758 259,549 227,214 242,513 249,195 279,460 238,711 674,978 723,521 767,365
GROSS DOMESTIC PRODUCT 2,006,630 2,218,069 2,094,011 2,347,108 2,138,010 2,354,760 2,220,086 2,494,033 2,257,549 2,484,305 2,357,366 6,318,710 6,712,856 7,099,220
Net Primary Income 440,999 423,300 428,683 435,545 462,705 442,495 451,044 447,121 477,352 452,685 463,926 1,292,982 1,356,243 1,393,963
GROSS NATIONAL INCOME 2,447,629 2,641,369 2,522,695 2,782,653 2,600,715 2,797,254 2,671,129 2,941,154 2,734,900 2,936,990 2,821,293 7,611,692 8,069,098 8,493,183
========================================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 10
Unit: In Percent As of November 2019
TABLE 6A. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CURRENT PRICES
Percent Distribution
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
INDUSTRY Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. AGRI., HUNTING, FORESTRY AND FISHING 8.4 7.4 7.5 8.8 8.3 7.1 7.2 8.3 7.5 6.4 6.5 7.7 7.5 6.8
a. Agriculture and forestry 7.3 6.4 6.3 7.8 7.3 6.2 6.0 7.3 6.5 5.5 5.4 6.7 6.5 5.8
b. Fishing 1.1 0.9 1.2 1.0 1.0 0.9 1.2 1.0 1.0 1.0 1.1 1.1 1.0 1.0
2. INDUSTRY SECTOR 25.3 24.8 23.6 27.3 25.7 25.2 23.8 27.5 25.6 24.6 23.4 24.6 24.9 24.5
a. Mining & Quarrying 0.7 0.7 0.8 0.6 0.8 0.7 0.7 0.6 0.7 0.7 0.6 0.7 0.7 0.7
b. Manufacturing 16.5 14.2 14.6 19.0 16.5 14.1 14.2 18.4 16.2 13.7 13.2 15.1 14.9 14.3
c. Construction 5.4 6.7 5.8 5.5 5.7 7.2 6.5 6.3 5.9 7.0 7.3 6.0 6.5 6.7
d. Electricity, Gas and Water Supply 2.7 3.1 2.3 2.2 2.8 3.1 2.4 2.2 2.8 3.3 2.3 2.7 2.7 2.8
3. SERVICE SECTOR 48.2 51.0 51.5 48.6 48.1 51.1 51.6 49.0 49.1 52.6 52.8 50.3 50.3 51.6
a. Transport, Storage & Communication 5.3 5.5 4.8 4.7 5.2 5.4 4.7 4.6 5.2 5.4 4.7 5.2 5.1 5.1
b. Trade and Repair of Motor Vehicles,
Motorcycles, Personal and
Household Goods 13.8 15.0 16.8 15.7 13.8 15.1 16.8 15.9 14.1 15.6 17.2 15.2 15.3 15.7
c. Financial Intermediation 7.1 7.3 6.8 6.2 7.3 7.5 7.0 6.3 7.8 7.9 7.3 7.1 7.2 7.7
d. R. Estate, Renting & Business Activities 10.9 10.9 11.8 10.3 10.6 10.6 11.5 10.0 10.5 10.6 11.5 11.2 10.9 10.9
e. Public Administration & Defense;
Compulsory Social Security 2.8 3.7 3.3 3.9 3.0 4.0 3.7 4.3 3.2 4.2 3.8 3.3 3.6 3.8
f. Other Services 8.3 8.7 8.0 7.8 8.2 8.6 8.0 8.0 8.4 8.9 8.2 8.3 8.3 8.5
GROSS DOMESTIC PRODUCT 81.9 83.2 82.6 84.7 82.1 83.5 82.6 84.9 82.2 83.6 82.8 82.6 82.7 82.9
GROSS NATIONAL INCOME 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0
========================================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 11
Unit: In Percent As of November 2019
TABLE 6B. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CONSTANT 2000 PRICES
Percent Distribution
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
INDUSTRY Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. AGRI., HUNTING, FORESTRY AND FISHING 7.4 6.6 6.5 7.9 7.1 6.2 6.2 7.6 6.8 6.0 6.0 6.8 6.5 6.3
a. Agriculture and forestry 6.3 5.6 5.3 6.5 6.1 5.3 5.1 6.2 5.8 5.1 5.0 5.7 5.5 5.3
b. Fishing 1.1 1.0 1.2 1.4 1.0 1.0 1.1 1.3 1.0 0.9 1.0 1.1 1.0 1.0
2. INDUSTRY SECTOR 28.0 28.4 27.7 29.2 28.4 28.6 27.7 29.5 28.3 28.2 27.7 28.0 28.2 28.1
a. Mining & Quarrying 0.8 1.1 0.7 0.6 0.8 1.0 0.6 0.7 0.8 1.1 0.6 0.9 0.8 0.8
b. Manufacturing 20.2 18.8 18.7 20.9 20.4 18.8 18.3 20.4 20.3 18.6 17.7 19.2 19.1 18.9
c. Construction 4.5 5.7 5.2 5.3 4.6 6.1 5.7 6.0 4.6 5.8 6.3 5.1 5.5 5.6
d. Electricity, Gas and Water Supply 2.5 2.7 3.1 2.4 2.5 2.7 3.1 2.4 2.5 2.7 3.1 2.8 2.8 2.8
3. SERVICE SECTOR 46.6 49.0 48.8 47.3 46.8 49.4 49.3 47.8 47.5 50.4 49.9 48.2 48.5 49.3
a. Transport, Storage & Communication 6.3 6.4 5.5 6.2 6.3 6.4 5.5 6.1 6.5 6.5 5.7 6.1 6.1 6.2
b. Trade and Repair of Motor Vehicles,
Motorcycles, Personal and
Household Goods 12.7 13.4 15.3 14.9 12.7 13.4 15.2 15.0 13.0 13.9 15.5 13.8 13.8 14.1
c. Financial Intermediation 6.3 6.4 6.1 5.7 6.4 6.5 6.2 5.7 6.7 6.8 6.4 6.3 6.4 6.6
d. R. Estate, Renting & Business Activities 9.2 9.9 10.3 9.2 9.0 9.8 10.2 9.0 8.9 9.7 10.1 9.8 9.7 9.6
e. Public Administration & Defense;
Compulsory Social Security 3.0 3.6 3.3 3.4 3.2 4.0 3.6 3.6 3.4 4.1 3.6 3.3 3.6 3.7
f. Other Services 9.0 9.2 8.3 8.0 9.1 9.3 8.5 8.2 9.1 9.5 8.5 8.9 9.0 9.0
GROSS DOMESTIC PRODUCT 82.0 84.0 83.0 84.3 82.2 84.2 83.1 84.8 82.5 84.6 83.6 83.0 83.2 83.6
GROSS NATIONAL INCOME 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0
========================================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 12
Unit: In Percent As of November 2019
TABLE 7A. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CURRENT PRICES
Growth Rates
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17-18 18-19 FIRST TO THIRD QUARTER
INDUSTRY Q1 Q2 Q3 Q4 Q1 Q2 Q3 17-18 18-19
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. AGRI., HUNTING, FORESTRY AND FISHING 8.9 5.7 5.5 4.1 -3.3 -3.9 -3.6 6.7 -3.6
a. Agriculture and forestry 9.6 5.5 4.2 3.2 -4.9 -6.0 -4.3 6.5 -5.1
b. Fishing 4.8 6.8 12.8 10.7 7.7 10.2 -0.1 8.3 5.5
2. INDUSTRY SECTOR 11.2 11.5 11.6 11.2 6.8 3.9 4.8 11.4 5.1
a. Mining & Quarrying 17.6 11.6 0.3 8.1 3.4 3.9 -8.7 9.5 -0.3
b. Manufacturing 9.2 8.8 7.7 6.7 5.4 2.8 -1.5 8.6 2.3
c. Construction 15.4 18.6 23.0 26.2 10.5 2.6 20.0 19.2 10.7
d. Electricity, Gas and Water Supply 12.9 8.9 11.5 13.5 8.1 12.0 5.2 10.9 8.8
3. SERVICE SECTOR 9.2 9.9 10.8 11.3 9.6 9.4 8.8 10.0 9.3
a. Transport, Storage & Communication 7.4 7.0 7.5 6.5 8.2 6.4 7.7 7.3 7.4
b. Trade and Repair of Motor Vehicles,
Motorcycles, Personal and
Household Goods 9.5 11.0 10.4 11.5 9.4 10.0 9.1 10.3 9.5
c. Financial Intermediation 11.9 12.7 13.1 12.6 14.4 12.5 11.8 12.6 12.9
d. R. Estate, Renting & Business Activities 6.7 6.1 7.4 7.2 6.3 6.4 7.0 6.7 6.6
e. Public Administration & Defense;
Compulsory Social Security 15.5 18.7 24.8 21.5 15.0 12.8 9.6 19.9 12.2
f. Other Services 8.7 8.7 11.1 13.0 9.0 9.6 8.7 9.5 9.1
GROSS DOMESTIC PRODUCT 9.8 10.0 10.6 10.5 7.4 6.6 6.6 10.1 6.8
GROSS NATIONAL INCOME 9.6 9.7 10.6 10.2 7.3 6.4 6.3 9.9 6.7
==============================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 13
Unit: In Percent As of November 2019
TABLE 7B. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CONSTANT 2000 PRICES
Growth Rates
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17-18 18-19 FIRST TO THIRD QUARTER
INDUSTRY Q1 Q2 Q3 Q4 Q1 Q2 Q3 17-18 18-19
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. AGRI., HUNTING, FORESTRY AND FISHING 1.1 0.3 0.0 1.8 0.7 0.8 3.1 0.5 1.5
a. Agriculture and forestry 2.0 0.3 0.2 1.7 0.6 0.4 3.5 0.9 1.4
b. Fishing -3.6 0.4 -0.9 2.5 1.4 3.4 1.0 -1.4 1.9
2. INDUSTRY SECTOR 7.7 6.5 6.0 6.6 4.8 3.7 5.6 6.7 4.7
a. Mining & Quarrying 7.4 -5.4 -1.3 8.1 4.7 14.6 -4.9 -0.6 6.6
b. Manufacturing 7.3 5.7 3.8 3.2 4.9 3.9 2.4 5.6 3.7
c. Construction 10.2 13.0 15.2 20.0 5.4 -0.5 16.3 13.0 6.9
d. Electricity, Gas and Water Supply 6.4 4.1 5.0 6.7 3.1 7.8 7.2 5.1 6.2
3. SERVICE SECTOR 6.7 6.7 6.9 6.8 6.8 7.1 6.9 6.8 6.9
a. Transport, Storage & Communication 6.6 6.0 5.4 3.7 7.6 5.9 9.1 6.0 7.4
b. Trade and Repair of Motor Vehicles,
Motorcycles, Personal and
Household Goods 6.1 6.0 5.1 6.7 7.3 8.4 8.1 5.7 7.9
c. Financial Intermediation 7.8 7.6 7.2 6.3 10.2 9.2 10.0 7.5 9.8
d. R. Estate, Renting & Business Activities 4.6 4.5 5.7 4.1 3.7 3.8 4.2 5.0 3.9
e. Public Administration & Defense;
Compulsory Social Security 13.2 15.0 17.8 14.7 9.7 8.6 5.3 15.4 7.8
f. Other Services 7.0 6.8 7.9 9.4 5.3 7.7 5.1 7.2 6.1
GROSS DOMESTIC PRODUCT 6.5 6.2 6.0 6.3 5.6 5.5 6.2 6.2 5.8
GROSS NATIONAL INCOME 6.3 5.9 5.9 5.7 5.2 5.0 5.6 6.0 5.3
==============================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES
Base Year: 2000 Page 14
As of November 2019
TABLE 8. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN
1ST QUARTER 2017 TO 3RD QUARTER 2019
Implicit Price Index
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
INDUSTRY Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. AGRI., HUNTING, FORESTRY AND FISHING 199.9 201.0 211.1 213.5 215.4 211.6 222.7 218.2 206.6 201.8 208.2 203.8 216.4 205.5
a. Agriculture and forestry 205.4 206.8 217.7 230.1 220.7 217.4 226.4 233.6 208.6 203.6 209.2 209.7 221.3 207.1
b. Fishing 169.0 168.9 180.7 135.7 183.7 179.7 205.6 146.6 195.2 191.6 203.5 173.1 190.2 197.0
2. INDUSTRY SECTOR 161.1 156.7 156.3 177.3 166.3 164.1 164.6 184.9 169.4 164.5 163.4 158.0 165.0 165.7
a. Mining & Quarrying 156.9 115.4 213.9 178.9 171.8 136.1 217.3 178.9 169.7 123.4 208.6 152.4 167.7 156.9
b. Manufacturing 145.4 135.7 143.8 172.7 148.1 139.7 149.2 178.6 148.8 138.3 143.4 141.6 145.6 143.5
c. Construction 215.2 211.0 205.4 198.1 225.3 221.5 219.3 208.3 236.1 228.4 226.3 210.3 221.8 229.7
d. Electricity, Gas and Water Supply 191.9 206.8 137.0 171.2 203.6 216.4 145.4 182.1 213.5 224.9 142.7 176.5 186.2 190.8
3. SERVICE SECTOR 184.2 187.0 193.5 195.1 188.5 192.6 200.7 203.3 193.4 196.6 204.3 188.3 194.1 198.2
a. Transport, Storage & Communication 148.9 153.8 159.0 144.4 150.1 155.2 162.2 148.3 151.0 156.0 160.0 153.7 155.6 155.5
b. Trade and Repair of Motor Vehicles,
Motorcycles, Personal and
Household Goods 192.8 200.2 201.7 199.8 199.0 209.6 211.8 208.8 203.0 212.6 213.7 198.6 207.2 210.2
c. Financial Intermediation 202.1 203.7 204.6 206.8 209.8 213.4 215.9 219.1 217.8 219.8 219.5 203.5 213.0 219.0
d. R. Estate, Renting & Business Activities 211.7 198.4 211.0 213.7 215.9 201.3 214.5 220.1 221.2 206.3 220.2 206.8 210.3 215.7
e. Public Administration & Defense;
Compulsory Social Security 164.8 181.7 185.5 218.4 168.2 187.7 196.4 231.3 176.2 195.0 204.4 178.0 185.0 192.6
f. Other Services 163.0 169.2 174.9 186.1 165.6 172.3 180.1 192.3 171.5 175.3 186.3 168.9 172.6 177.5
GROSS DOMESTIC PRODUCT 177.7 177.9 182.5 190.6 183.1 184.3 190.3 198.3 186.3 186.3 191.0 179.4 185.9 187.9
GROSS NATIONAL INCOME 177.8 179.5 183.4 189.9 183.3 185.9 191.6 198.0 187.1 188.5 192.9 180.3 187.0 189.5
========================================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 15
Unit: In Pesos As of November 2019
TABLE 9A. PER CAPITA: GROSS DOMESTIC PRODUCT, GROSS NATIONAL INCOME,
HOUSEHOLD FINAL CONSUMPTION EXPENDITURE
1ST QUARTER 2017 TO 3RD QUARTER 2019
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
TYPE OF EXPENDITURE Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. PER CAPITA GROSS DOMESTIC PRODUCT 34,260 37,753 36,424 42,475 37,019 40,881 39,639 46,202 39,141 42,900 41,595 108,015 117,090 123,170
2. PER CAPITA GROSS NATIONAL INCOME 41,813 45,373 44,106 50,168 45,079 48,983 48,008 54,413 47,618 51,317 50,261 130,779 141,527 148,634
3. PER CAPITA HOUSEHOLD FINAL
CONSUMPTION EXPENDITURE 25,821 27,351 26,603 31,107 27,810 29,829 29,205 34,041 30,035 31,815 30,852 79,461 86,510 92,348
1. PER CAPITA GROSS DOMESTIC PRODUCT 19,278 21,225 19,958 22,280 20,214 22,177 20,827 23,304 21,012 23,033 21,772 60,223 62,973 65,567
2. PER CAPITA GROSS NATIONAL INCOME 23,515 25,276 24,044 26,415 24,589 26,344 25,058 27,482 25,454 27,231 26,057 72,546 75,696 78,441
3. PER CAPITA HOUSEHOLD FINAL
CONSUMPTION EXPENDITURE 13,425 14,075 13,410 16,130 13,958 14,685 13,903 16,717 14,583 15,248 14,496 40,746 42,379 44,156
C. Population* 104.1 104.5 104.9 105.3 105.8 106.2 106.6 107.0 107.4 107.9 108.3 104.9 106.6 108.3
(million persons)
========================================================================================================================================================================================
* The quarterly projected population were computed using the official national 2010 Census-based population projections, applying the Waring-Lagrange linear interpolation.
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 16
Unit: In Percent As of November 2019
TABLE 9B. PER CAPITA: GROSS DOMESTIC PRODUCT, GROSS NATIONAL INCOME,
HOUSEHOLD FINAL CONSUMPTION EXPENDITURE
1ST QUARTER 2017 TO 3RD QUARTER 2019
Growth Rates
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17-18 18-19 FIRST TO THIRD QUARTER
TYPE OF EXPENDITURE Q1 Q2 Q3 Q4 Q1 Q2 Q3 17-18 18-19
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. PER CAPITA GROSS DOMESTIC PRODUCT 8.1 8.3 8.8 8.8 5.7 4.9 4.9 8.4 5.2
2. PER CAPITA GROSS NATIONAL INCOME 7.8 8.0 8.8 8.5 5.6 4.8 4.7 8.2 5.0
3. PER CAPITA HOUSEHOLD FINAL
CONSUMPTION EXPENDITURE 7.7 9.1 9.8 9.4 8.0 6.7 5.6 8.9 6.7
1. PER CAPITA GROSS DOMESTIC PRODUCT 4.9 4.5 4.4 4.6 3.9 3.9 4.5 4.6 4.1
2. PER CAPITA GROSS NATIONAL INCOME 4.6 4.2 4.2 4.0 3.5 3.4 4.0 4.3 3.6
3. PER CAPITA HOUSEHOLD FINAL
CONSUMPTION EXPENDITURE 4.0 4.3 3.7 3.6 4.5 3.8 4.3 4.0 4.2
==============================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 17
Unit: In million pesos As of November 2019
TABLE 9C. NET PRIMARY INCOME FROM THE REST OF THE WORLD
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CURRENT PRICES
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NET PRIMARY INCOME 786,116 796,333 805,978 810,366 852,541 860,268 892,154 878,726 910,822 907,840 938,382 2,388,426 2,604,963 2,757,044
INFLOW
Compensation 844,264 845,701 869,025 868,770 909,006 929,202 947,308 935,749 950,172 957,961 1,000,935 2,558,990 2,785,516 2,909,067
Property Income 29,094 34,771 32,642 37,480 37,236 43,673 59,479 59,284 56,100 56,486 56,744 96,507 140,388 169,330
TOTAL 873,358 880,472 901,667 906,250 946,242 972,875 1,006,788 995,033 1,006,272 1,014,446 1,057,679 2,655,497 2,925,904 3,078,398
OUTFLOW
Compensation 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Property Expense 87,242 84,139 95,689 95,884 93,701 112,607 114,634 116,307 95,451 106,606 119,297 267,070 320,941 321,354
TOTAL 87,242 84,139 95,689 95,884 93,701 112,607 114,634 116,307 95,451 106,606 119,297 267,070 320,941 321,354
========================================================================================================================================================================================
Source: Philippine Statistics Authority
TABLE 9D. NET PRIMARY INCOME FROM THE REST OF THE WORLD
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CONSTANT 2000 PRICES
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NET PRIMARY INCOME 440,999 423,300 428,683 435,545 462,705 442,495 451,044 447,121 477,352 452,685 463,926 1,292,982 1,356,243 1,393,963
INFLOW
Compensation 473,619 449,542 462,217 466,936 493,350 477,952 478,928 476,136 497,975 477,677 494,852 1,385,378 1,450,230 1,470,504
Property Income 16,321 18,483 17,362 20,144 20,209 22,464 30,071 30,165 29,402 28,166 28,054 52,166 72,744 85,621
TOTAL 489,940 468,025 479,578 487,080 513,559 500,416 508,999 506,301 527,376 505,843 522,906 1,437,544 1,522,974 1,556,125
OUTFLOW
Compensation 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Property Expense 48,941 44,725 50,895 51,535 50,855 57,921 57,955 59,180 50,025 53,158 58,979 144,562 166,731 162,162
TOTAL 48,941 44,725 50,895 51,535 50,855 57,921 57,955 59,180 50,025 53,158 58,979 144,562 166,731 162,162
========================================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 18
Unit: In Percent As of November 2019
TABLE 9E. NET PRIMARY INCOME FROM THE REST OF THE WORLD
AT CURRENT PRICES
Growth Rates
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17-18 18-19 FIRST TO THIRD QUARTER
Q1 Q2 Q3 Q4 Q1 Q2 Q3 17-18 18-19
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NET PRIMARY INCOME 8.4 8.0 10.7 8.4 6.8 5.5 5.2 9.1 5.8
INFLOW
Compensation 7.7 9.9 9.0 7.7 4.5 3.1 5.7 8.9 4.4
Property Income 28.0 25.6 82.2 58.2 50.7 29.3 -4.6 45.5 20.6
TOTAL 8.3 10.5 11.7 9.8 6.3 4.3 5.1 10.2 5.2
OUTFLOW
Compensation - - - - - - - - -
Property Expense 7.4 33.8 19.8 21.3 1.9 -5.3 4.1 20.2 0.1
TOTAL 7.4 33.8 19.8 21.3 1.9 -5.3 4.1 20.2 0.1
==============================================================================================================================================================================
Source: Philippine Statistics Authority
TABLE 9F. NET PRIMARY INCOME FROM THE REST OF THE WORLD
AT CONSTANT 2000 PRICES
Growth Rates
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17-18 18-19 FIRST TO THIRD QUARTER
Q1 Q2 Q3 Q4 Q1 Q2 Q3 17-18 18-19
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NET PRIMARY INCOME 4.9 4.5 5.2 2.7 3.2 2.3 2.9 4.9 2.8
INFLOW
Compensation 4.2 6.3 3.6 2.0 0.9 -0.1 3.3 4.7 1.4
Property Income 23.8 21.5 73.2 49.7 45.5 25.4 -6.7 39.4 17.7
TOTAL 4.8 6.9 6.1 3.9 2.7 1.1 2.7 5.9 2.2
OUTFLOW
Compensation - - - - - - - - -
Property Expense 3.9 29.5 13.9 14.8 -1.6 -8.2 1.8 15.3 -2.7
TOTAL 3.9 29.5 13.9 14.8 -1.6 -8.2 1.8 15.3 -2.7
==============================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 19
Unit: In million pesos As of November 2019
1. Food and Non-alcoholic beverages 1,067,188 1,198,756 1,159,310 1,461,035 1,176,155 1,350,364 1,296,163 1,649,527 1,299,927 1,465,506 1,358,441 3,425,254 3,822,682 4,123,874
2. Alcoholic beverages, Tobacco 31,735 40,008 38,019 48,050 34,599 46,380 43,858 55,003 37,595 49,913 47,792 109,762 124,836 135,300
3. Clothing and Footwear 29,672 33,023 30,686 38,629 29,571 32,929 31,186 39,746 31,494 35,499 33,070 93,381 93,687 100,064
4. Housing, water, electricity, gas and other fuels 312,870 358,670 338,238 364,289 350,311 402,773 387,171 401,114 386,455 437,264 423,202 1,009,778 1,140,255 1,246,921
5. Furnishings, household equipment and routine
household maintenance 103,902 100,315 100,960 111,840 111,592 109,233 111,633 121,962 120,090 117,074 121,191 305,177 332,458 358,355
6. Health 76,821 80,592 99,767 87,817 82,988 83,703 108,111 95,807 90,637 90,991 118,157 257,180 274,802 299,785
7. Transport 348,786 342,968 333,322 300,460 375,238 367,359 364,319 323,818 404,910 390,005 383,573 1,025,077 1,106,916 1,178,488
8. Communication 82,966 79,608 68,494 91,101 88,984 85,020 70,416 95,602 96,812 90,116 76,154 231,068 244,420 263,082
9. Recreation and culture 49,736 50,737 40,690 64,983 52,449 53,950 43,413 69,748 58,076 59,573 47,754 141,164 149,811 165,403
10. Education 112,874 112,764 130,059 127,582 122,604 124,183 150,068 146,561 131,849 136,358 164,781 355,697 396,855 432,988
11. Restaurants and hotels 119,111 107,126 121,141 131,208 133,240 117,337 133,886 147,045 146,965 127,196 149,172 347,378 384,463 423,334
12. Miscellaneous goods and services 352,062 353,705 330,500 449,969 383,654 394,028 372,982 497,145 422,252 431,939 417,163 1,036,267 1,150,664 1,271,354
=============================================================================================================================================================================
1. Food and Non-alcoholic beverages 39.7 41.9 41.5 44.6 40.0 42.6 41.6 45.3 40.3 42.7 40.7 41.1 41.5 41.2
2. Alcoholic beverages, Tobacco 1.2 1.4 1.4 1.5 1.2 1.5 1.4 1.5 1.2 1.5 1.4 1.3 1.4 1.4
3. Clothing and Footwear 1.1 1.2 1.1 1.2 1.0 1.0 1.0 1.1 1.0 1.0 1.0 1.1 1.0 1.0
4. Housing, water, electricity, gas and other fuels 11.6 12.5 12.1 11.1 11.9 12.7 12.4 11.0 12.0 12.7 12.7 12.1 12.4 12.5
5. Furnishings, household equipment and routine
household maintenance 3.9 3.5 3.6 3.4 3.8 3.4 3.6 3.3 3.7 3.4 3.6 3.7 3.6 3.6
6. Health 2.9 2.8 3.6 2.7 2.8 2.6 3.5 2.6 2.8 2.7 3.5 3.1 3.0 3.0
7. Transport 13.0 12.0 11.9 9.2 12.8 11.6 11.7 8.9 12.5 11.4 11.5 12.3 12.0 11.8
8. Communication 3.1 2.8 2.5 2.8 3.0 2.7 2.3 2.6 3.0 2.6 2.3 2.8 2.7 2.6
9. Recreation and culture 1.9 1.8 1.5 2.0 1.8 1.7 1.4 1.9 1.8 1.7 1.4 1.7 1.6 1.7
10. Education 4.2 3.9 4.7 3.9 4.2 3.9 4.8 4.0 4.1 4.0 4.9 4.3 4.3 4.3
11. Restaurants and hotels 4.4 3.7 4.3 4.0 4.5 3.7 4.3 4.0 4.6 3.7 4.5 4.2 4.2 4.2
12. Miscellaneous goods and services 13.1 12.4 11.8 13.7 13.0 12.4 12.0 13.6 13.1 12.6 12.5 12.4 12.5 12.7
=============================================================================================================================================================================
1. Food and Non-alcoholic beverages 10.2 12.6 11.8 12.9 10.5 8.5 4.8 11.6 7.9
2. Alcoholic beverages, Tobacco 9.0 15.9 15.4 14.5 8.7 7.6 9.0 13.7 8.4
3. Clothing and Footwear -0.3 -0.3 1.6 2.9 6.5 7.8 6.0 0.3 6.8
4. Housing, water, electricity, gas and other fuels 12.0 12.3 14.5 10.1 10.3 8.6 9.3 12.9 9.4
5. Furnishings, household equipment and routine
household maintenance 7.4 8.9 10.6 9.1 7.6 7.2 8.6 8.9 7.8
6. Health 8.0 3.9 8.4 9.1 9.2 8.7 9.3 6.9 9.1
7. Transport 7.6 7.1 9.3 7.8 7.9 6.2 5.3 8.0 6.5
8. Communication 7.3 6.8 2.8 4.9 8.8 6.0 8.1 5.8 7.6
9. Recreation and culture 5.5 6.3 6.7 7.3 10.7 10.4 10.0 6.1 10.4
10. Education 8.6 10.1 15.4 14.9 7.5 9.8 9.8 11.6 9.1
11. Restaurants and hotels 11.9 9.5 10.5 12.1 10.3 8.4 11.4 10.7 10.1
12. Miscellaneous goods and services 9.0 11.4 12.9 10.5 10.1 9.6 11.8 11.0 10.5
=============================================================================================================================================================================
1. Food and Non-alcoholic beverages 5.0 6.4 3.1 4.8 5.7 5.3 4.3 4.9 5.1
2. Alcoholic beverages, Tobacco -5.9 -3.7 -5.2 -5.9 -3.8 -1.8 -1.9 -4.9 -2.4
3. Clothing and Footwear 0.5 -2.4 -0.8 0.2 4.0 5.3 3.3 -0.9 4.2
4. Housing, water, electricity, gas and other fuels 8.9 8.5 8.8 5.5 6.4 5.3 7.5 8.7 6.4
5. Furnishings, household equipment and routine
household maintenance 4.9 5.8 6.9 5.0 3.8 3.9 5.5 5.8 4.4
6. Health 5.7 1.1 4.3 4.4 4.9 4.9 6.0 3.7 5.3
7. Transport 2.5 1.0 1.3 0.5 5.5 3.1 5.5 1.6 4.6
8. Communication 7.0 6.4 2.3 4.5 8.4 5.6 7.9 5.4 7.3
9. Recreation and culture 4.0 4.8 4.5 4.1 7.3 7.1 7.7 4.4 7.3
10. Education 6.7 7.4 20.0 19.4 11.8 14.5 5.1 11.7 10.0
11. Restaurants and hotels 9.0 5.8 5.7 7.4 6.1 4.9 8.0 6.9 6.3
12. Miscellaneous goods and services 7.2 9.3 10.4 7.6 7.3 7.1 9.1 9.0 7.8
=============================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 22
Base Year: 2000 As of November 2019
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
EXPENDITURE GROUP Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. Food and Non-alcoholic beverages 195.5 197.9 201.1 201.1 205.2 209.6 218.1 216.6 214.5 216.0 219.1 198.2 211.0 216.5
2. Alcoholic beverages, Tobacco 193.4 210.2 223.7 209.5 224.1 253.1 272.1 255.0 253.2 277.3 302.2 209.3 250.3 278.0
3. Clothing and Footwear 170.6 181.1 166.3 167.2 169.2 185.1 170.4 171.6 173.3 189.5 175.0 172.7 174.9 179.3
4. Housing, water, electricity, gas and other fuels 198.6 207.9 217.6 216.1 204.1 215.2 228.9 225.4 211.6 222.0 232.7 208.0 216.0 222.1
5. Furnishings, household equipment and routine
household maintenance 141.0 140.5 143.0 138.4 144.4 144.6 147.9 143.7 149.7 149.2 152.2 141.5 145.6 150.4
6. Health 215.6 217.2 226.6 225.4 220.3 223.2 235.5 235.6 229.5 231.4 242.8 220.3 227.0 235.1
7. Transport 241.6 232.3 259.7 237.6 253.5 246.4 280.1 254.7 259.4 253.7 279.7 243.9 259.1 263.7
8. Communication 110.4 107.6 105.9 103.4 110.7 108.0 106.4 103.8 111.1 108.4 106.7 108.1 108.5 108.9
9. Recreation and culture 151.3 149.7 150.6 154.5 153.5 151.8 153.8 159.3 158.3 156.6 157.1 150.5 153.0 157.3
10. Education 258.4 266.0 268.3 250.7 263.0 272.7 258.0 241.3 253.0 261.6 269.5 264.4 264.0 261.8
11. Restaurants and hotels 175.2 168.3 180.0 175.4 179.7 174.3 188.1 183.0 186.9 180.1 194.0 174.6 180.8 187.2
12. Miscellaneous goods and services 188.5 190.8 174.7 175.8 191.6 194.6 178.6 180.5 196.5 199.1 183.1 184.6 188.1 192.8
=============================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 23
Base Year: 2000 As of November 2019
TABLE 14. INDICATORS DERIVED FROM THE NATIONAL ACCOUNTS
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. Labor Productivity (in pesos, constant)
Total 50,998 55,078 52,127 56,494 51,204 57,580 54,615 60,346 54,572 58,811 54,883 157,295 165,139 165,279
Growth Rate 10.0 7.6 9.3 7.0 0.4 4.5 4.8 6.8 6.6 2.1 0.5 8.8 5.0 0.1
Agriculture, Hunting, Forestry and Fishing 18,162 16,543 16,240 21,079 16,946 17,825 17,534 22,365 20,263 18,689 16,792 51,394 55,782 52,606
Industry 100,177 100,916 90,463 108,411 97,650 99,433 93,717 109,671 94,734 102,187 97,113 276,480 288,480 296,253
Services 50,691 57,966 55,163 55,567 52,130 59,870 56,295 59,843 54,013 59,863 56,691 164,161 167,385 168,666
Labor Productivity Total (GVA/total number
of hours worked, in pesos, constant)* 95.4 105.6 95.2 104.3 100.0 105.3 100.9 108.0 98.3 108.1 94.9 98.7 102.1 100.5
2. Terms of Trade (in percent) 88.3 81.1 86.1 93.7 87.5 77.8 81.6 89.1 85.3 78.5 80.4 85.1 82.1 81.3
3. Trading Gains/Losses (in million pesos, constant) -161,571 -271,781.0 -215,758.2 -80,785 -192,783 -385,040.9 -341,919.8 -162,847 -244,623 -378,534.5 -366,052.5 -649,110 -919,744 -989,210
4. Trade Balance (in million pesos, current)
Total -436,125 -373,873 -334,137 -412,809 -516,331 -605,531 -563,580 -526,073 -639,854 -517,588 -575,202 -1,144,135 -1,685,442 -1,732,644
Goods/Merchandise -657,628 -667,414 -530,667 -494,352 -817,130 -953,868 -771,818 -610,352 -962,931 -907,640 -830,264 -1,855,709 -2,542,817 -2,700,835
5. Sectoral Contribution to GNI (constant) Growth
by Industrial Origin (in percentage points)
Agriculture, Hunting, Forestry and Fishing 0.4 0.4 0.2 0.2 0.1 0.0 0.0 0.1 0.1 0.1 0.2 0.3 0.0 0.1
Industry 1.7 1.9 2.2 2.1 2.2 1.9 1.6 1.9 1.4 1.1 1.6 2.0 1.9 1.3
Services 3.1 3.2 3.6 3.2 3.1 3.3 3.3 3.2 3.2 3.5 3.4 3.3 3.3 3.4
NPI 1.0 1.1 1.4 0.5 0.9 0.7 0.9 0.4 0.6 0.4 0.5 1.2 0.8 0.5
Total GNI 6.2 6.6 7.4 6.1 6.3 5.9 5.9 5.7 5.2 5.0 5.6 6.7 6.0 5.3
6. Share of Top Five Exports to Total Merchandise
Exports (in percent, current) 46.3 56.1 55.5 61.1 47.0 60.1 58.4 60.4 47.1 58.9 53.1 52.6 55.2 53.1
7. Share of Top Five Imports to Total Merchandise
Imports (in percent, current) 47.4 46.1 40.9 47.3 47.5 48.0 44.1 46.2 46.2 46.5 39.5 44.8 46.5 44.1
8. Total Exports (in million, current)
Pesos 1,217,654 1,163,957 1,311,255 1,211,171 1,345,420 1,332,880 1,479,908 1,363,111 1,397,558 1,386,029 1,445,039 3,692,866 4,158,208 4,228,626
US $ (FOB) 24,360 23,347 25,794 23,784 26,144 25,415 27,637 25,633 26,697 26,634 27,921 73,501 79,195 81,252
Share to GDP (in percent) 34.1 29.5 34.3 27.1 34.4 30.7 35.0 27.6 33.2 30.0 32.1 32.6 33.3 31.7
9. Total Imports (in million, current)
Pesos 1,653,779 1,537,830 1,645,392 1,623,981 1,861,751 1,938,410 2,043,488 1,889,184 2,037,412 1,903,618 2,020,241 4,837,001 5,843,649 5,961,270
US $ (FOB) 33,085 30,846 32,367 31,890 36,178 36,961 38,161 35,526 38,920 36,580 39,035 96,299 111,299 114,534
Share to GDP (in percent) 46.4 39.0 43.1 36.3 47.6 44.7 48.4 38.2 48.4 41.1 44.9 42.7 46.8 44.7
10. Fixed Capital Formation/GNI (in percent, current) 21.0 20.9 21.0 20.4 21.5 23.0 23.4 21.4 22.2 21.4 23.4 21.0 22.7 22.3
11. GNI IPIN (in percent) 177.8 179.5 183.4 189.9 183.3 185.9 191.6 198.0 187.1 188.5 192.9 180.3 187.0 189.5
12. Ratio of NPI to GNI (in percent, current) 18.1 16.8 17.4 15.3 17.9 16.5 17.4 15.1 17.8 16.4 17.2 17.4 17.3 17.1
13. Inflow of Compensation (in million, current)
Pesos 844,264 845,701 869,025 868,770 909,006 929,202 947,308 935,749 950,172 957,961 1,000,935 2,558,990 2,583,496 1,737,795
US $ 16,890 16,963 17,095 17,060 17,664 17,718 17,691 17,597 18,151 18,408 19,340 50,948 53,072 55,899
Growth Rate (pesos) 7.1 8.9 10.5 5.8 7.7 9.9 9.0 7.7 4.5 3.1 5.7 8.8 1.0 -32.7
Growth Rate (US $) 1.3 1.6 2.3 2.0 4.6 4.4 3.5 3.1 2.8 3.9 9.3 1.7 4.2 5.3
Share to GNI (in percent) 19.4 17.8 18.8 16.4 19.1 17.9 18.5 16.1 18.6 17.3 18.4 18.6 17.1 10.8
Share to GDP (in percent) 23.7 21.4 22.7 19.4 23.2 21.4 22.4 18.9 22.6 20.7 22.2 22.6 20.7 13.0
14. (Exports-Imports)/GDP (in percent, current) -12.2 -9.5 -8.7 -9.2 -13.2 -13.9 -13.3 -10.6 -15.2 -11.2 -12.8 -10.1 -13.5 -13.0
15. (Exports+Imports)/GDP (in percent, current) 80.5 68.5 77.4 63.4 81.9 75.4 83.4 65.8 81.7 71.1 76.9 75.3 80.1 76.4
16. Fixed Capital Formation/GDP (in percent, current) 25.6 25.1 25.5 24.1 26.2 27.6 28.3 25.2 27.1 25.6 28.2 25.4 27.4 26.9
17. HFCE/GDP (in percent, current) 75.4 72.4 73.0 73.2 75.1 73.0 73.7 73.7 76.7 74.2 74.2 73.6 73.9 75.0
18. National Government Debt Service** (in million pesos) 248,650 129,719 204,535 97,563 198,200 217,698 204,640 155,051 220,196 165,058 172,964 582,904 620,538 558,218
19. Debt Service/GDP 7.0 3.3 5.4 2.2 5.1 5.0 4.8 3.1 5.2 3.6 3.8 5.1 5.0 4.2
==========================================================================================================================================================================================
* This is another way of computing labor productivity, that is, GVA divided by total number of hours worked.
** The Bureau of Treasury reports the National Government Debt Service following the prescribed IMF recommendation on actual ammortization.
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 24
Unit: In million pesos As of November 2019
TABLE 15A. GROSS DOMESTIC CAPITAL FORMATION IN DURABLE EQUIPMENT BY MAJOR TYPE
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CURRENT PRICES
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
TYPE OF EQUIPMENT Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DURABLE EQUIPMENT 427,966 376,987 424,459 476,982 467,328 474,972 533,676 508,260 519,569 418,279 478,296 1,229,412 1,475,976 1,416,144
A.MACHINERY SPECIALIZED
FOR PARTICULAR INDUSTRIES 89,709 92,652 68,925 98,467 112,606 130,441 79,703 114,359 116,649 119,229 72,347 251,287 322,750 308,225
1. Agricultural machineries 1,819 1,572 2,924 2,168 1,942 1,515 3,152 2,440 1,583 1,876 2,551 6,315 6,609 6,009
2. Tractor other than steam 678 427 1,121 1,076 680 976 686 1,463 1,042 763 1,011 2,225 2,342 2,816
3. Mining,construction mach. 9,335 10,817 13,889 13,349 12,552 16,391 17,757 17,324 14,417 12,495 9,979 34,041 46,700 36,891
4. Textile machineries 1,539 1,495 1,696 1,590 1,353 2,123 1,837 2,129 1,685 1,643 1,958 4,731 5,313 5,286
5. Sawmill & logging machineries 0 0 0 0 0 0 0 0 0 0 0 0 0 0
6. Sugarmill machineries 10 11 73 0 86 31 23 0 7 12 144 94 139 163
7. Pulp and paper machineries 503 408 419 829 642 495 464 526 536 755 617 1,330 1,602 1,909
8. Metal working machineries 6,903 6,260 6,253 6,141 8,567 8,896 7,586 7,276 8,519 7,801 6,996 19,416 25,049 23,316
9. Telecommunications & sound
recording/reproducing equip. 48,697 49,419 22,364 48,683 64,988 74,270 26,127 56,082 67,671 72,623 27,172 120,480 165,384 167,466
10. Other special industrial mach. 20,226 22,243 20,186 24,632 21,798 25,743 22,071 27,119 21,190 21,260 21,919 62,655 69,612 64,369
1. Aircon & refrigeration equip. 7,052 6,342 10,436 12,809 8,025 7,466 12,931 14,816 8,954 8,099 14,463 23,830 28,421 31,516
2. Pumps and compressor 5,182 4,349 5,708 6,078 6,280 5,562 5,584 5,669 8,417 5,001 6,121 15,238 17,425 19,540
3. Other electrical
machinery and apparatus 10,767 14,140 21,473 13,624 12,591 17,984 24,612 15,143 14,358 17,360 23,576 46,380 55,188 55,295
4. Other general industrial mach. 42,110 38,082 33,311 32,121 50,986 41,295 33,709 36,407 54,776 43,518 41,092 113,503 125,990 139,387
C.TRANSPORT EQUIPMENT 196,984 167,567 220,157 242,182 194,366 209,556 311,448 246,658 222,308 160,575 240,337 584,707 715,369 623,220
1. Road vehicles 170,685 123,478 197,322 200,838 174,837 151,084 230,249 188,716 188,334 132,412 202,483 491,485 556,170 523,229
2. Railway transport 346 31 42 151 95 18 21 1,146 143 46 70 419 135 260
3. Air transport 20,821 41,811 19,413 40,168 15,249 51,582 77,122 55,293 30,384 26,695 35,148 82,044 143,953 92,228
4. Water transport 5,132 2,247 3,381 1,024 4,184 6,872 4,056 1,503 3,447 1,422 2,635 10,760 15,112 7,504
D.MISCELLANEOUS EQUIPMENT 76,161 53,856 64,450 71,701 82,475 62,667 65,691 75,208 94,106 64,496 80,360 194,467 210,833 238,962
1. Office mach. & data processing 21,087 17,008 31,022 29,218 23,106 18,893 25,948 30,264 26,018 21,305 33,021 69,117 67,948 80,344
2. Other misc. durable equipment 55,073 36,848 33,429 42,483 59,368 43,774 39,743 44,944 68,087 43,192 47,339 125,350 142,885 158,618
=========================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 25
Unit: In million pesos As of November 2019
TABLE 15B. GROSS DOMESTIC CAPITAL FORMATION IN DURABLE EQUIPMENT BY MAJOR TYPE
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CONSTANT 2000 PRICES
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
TYPE OF EQUIPMENT Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DURABLE EQUIPMENT 391,917 295,920 350,285 392,957 420,152 372,041 414,948 401,939 445,744 324,236 377,252 1,038,122 1,207,142 1,147,232
A.MACHINERY SPECIALIZED
FOR PARTICULAR INDUSTRIES 90,853 89,507 47,833 64,263 106,553 116,988 54,933 73,678 106,972 101,776 47,998 228,193 278,474 256,746
1. Agricultural machineries 3,163 2,218 1,996 2,530 3,335 2,103 2,127 2,790 2,643 2,558 1,700 7,376 7,565 6,901
2. Tractor other than steam 193 58 119 155 191 130 72 206 286 100 104 370 393 490
3. Mining,construction mach. 12,578 19,245 13,341 13,787 16,714 28,705 16,856 17,551 18,729 21,498 9,282 45,164 62,275 49,509
4. Textile machineries 1,992 632 698 1,216 1,735 827 759 1,528 2,095 661 828 3,323 3,320 3,583
5. Sawmill & logging machineries 0 0 0 0 0 0 0 0 0 0 0 0 0 0
6. Sugarmill machineries 31 25 113 0 267 67 35 0 22 26 218 169 369 266
7. Pulp and paper machineries 548 947 1,183 741 692 1,138 1,296 417 554 1,761 1,705 2,678 3,125 4,020
8. Metal working machineries 6,250 5,610 1,013 5,887 7,640 7,840 1,213 6,830 7,423 6,757 1,118 12,873 16,693 15,299
9. Telecommunications & sound
recording/reproducing equip. 32,298 31,282 13,486 32,082 40,065 42,808 15,398 35,936 41,195 41,211 16,126 77,065 98,272 98,533
10. Other special industrial mach. 33,801 29,490 15,884 7,864 35,913 33,370 17,177 8,421 34,026 27,203 16,917 79,175 86,461 78,146
1. Aircon & refrigeration equip. 13,513 8,818 9,359 7,888 15,007 9,976 11,436 8,820 16,510 10,774 12,917 31,691 36,419 40,201
2. Pumps and compressor 10,234 4,594 4,207 6,014 12,143 5,700 4,027 5,446 16,183 5,120 4,433 19,035 21,871 25,736
3. Other electrical
machinery and apparatus 4,645 27,773 9,762 14,109 5,266 34,989 10,603 15,109 5,952 33,107 10,365 42,181 50,859 49,425
4. Other general industrial mach. 32,138 27,868 13,012 27,057 37,743 29,379 12,985 29,503 39,910 30,629 15,573 73,018 80,107 86,113
C.TRANSPORT EQUIPMENT 172,483 102,558 211,286 193,783 173,434 135,061 266,425 185,907 179,765 102,244 218,313 486,327 574,921 500,321
1. Road vehicles 160,845 89,963 194,065 179,202 164,048 112,274 226,028 165,831 171,234 94,042 197,842 444,873 502,350 463,117
2. Railway transport 180 626 3 31 49 365 1 235 72 906 4 809 416 982
3. Air transport 1,369 7,712 6,641 14,319 998 9,344 25,709 19,533 1,913 4,714 11,683 15,722 36,052 18,310
4. Water transport 10,089 4,258 10,577 231 8,339 13,079 14,686 308 6,547 2,582 8,783 24,924 36,103 17,912
D.MISCELLANEOUS EQUIPMENT 68,050 34,802 54,825 79,843 70,006 39,947 54,538 83,476 80,452 40,586 67,652 157,676 164,491 188,690
1. Office mach. & data processing 6,443 5,911 30,007 14,517 7,109 6,784 26,110 15,083 7,999 7,713 34,499 42,362 40,003 50,210
2. Other misc. durable equipment 61,607 28,890 24,817 65,326 62,897 33,163 28,429 68,392 72,453 32,874 33,154 115,314 124,488 138,480
=========================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 26
Unit: In Percent As of November 2019
TABLE 16A. GROSS DOMESTIC CAPITAL FORMATION IN DURABLE EQUIPMENT BY MAJOR TYPE
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CURRENT PRICES
Growth Rates
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17-18 18-19 FIRST TO THIRD QUARTER
TYPE OF EQUIPMENT Q1 Q2 Q3 Q4 Q1 Q2 Q3 17-18 18-19
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DURABLE EQUIPMENT 9.2 26.0 25.7 6.6 11.2 -11.9 -10.4 20.1 -4.1
A.MACHINERY SPECIALIZED
FOR PARTICULAR INDUSTRIES 25.5 40.8 15.6 16.1 3.6 -8.6 -9.2 28.4 -4.5
1. Agricultural machineries 6.7 -3.6 7.8 12.6 -18.5 23.8 -19.1 4.7 -9.1
2. Tractor other than steam 0.3 128.9 -38.8 36.0 53.3 -21.8 47.4 5.3 20.3
3. Mining,construction mach. 34.5 51.5 27.8 29.8 14.9 -23.8 -43.8 37.2 -21.0
4. Textile machineries -12.1 42.0 8.3 33.9 24.5 -22.6 6.6 12.3 -0.5
5. Sawmill & logging machineries - - - - - - - - -
6. Sugarmill machineries 769.9 173.8 -68.6 - -91.6 -61.3 530.9 48.8 17.0
7. Pulp and paper machineries 27.7 21.3 10.8 -36.6 -16.5 52.5 32.9 20.4 19.2
8. Metal working machineries 24.1 42.1 21.3 18.5 -0.6 -12.3 -7.8 29.0 -6.9
9. Telecommunications & sound
recording/reproducing equip. 33.5 50.3 16.8 15.2 4.1 -2.2 4.0 37.3 1.3
10. Other special industrial mach. 7.8 15.7 9.3 10.1 -2.8 -17.4 -0.7 11.1 -7.5
1. Aircon & refrigeration equip. 13.8 17.7 23.9 15.7 11.6 8.5 11.8 19.3 10.9
2. Pumps and compressor 21.2 27.9 -2.2 -6.7 34.0 -10.1 9.6 14.4 12.1
3. Other electrical
machinery and apparatus 16.9 27.2 14.6 11.2 14.0 -3.5 -4.2 19.0 0.2
4. Other general industrial mach. 21.1 8.4 1.2 13.3 7.4 5.4 21.9 11.0 10.6
C.TRANSPORT EQUIPMENT -1.3 25.1 41.5 1.8 14.4 -23.4 -22.8 22.3 -12.9
1. Road vehicles 2.4 22.4 16.7 -6.0 7.7 -12.4 -12.1 13.2 -5.9
2. Railway transport -72.6 -40.6 -48.7 657.4 50.5 154.9 227.1 -67.8 92.8
3. Air transport -26.8 23.4 297.3 37.7 99.3 -48.2 -54.4 75.5 -35.9
4. Water transport -18.5 205.8 20.0 46.7 -17.6 -79.3 -35.0 40.4 -50.3
D.MISCELLANEOUS EQUIPMENT 8.3 16.4 1.9 4.9 14.1 2.9 22.3 8.4 13.3
1. Office mach. & data processing 9.6 11.1 -16.4 3.6 12.6 12.8 27.3 -1.7 18.2
2. Other misc. durable equipment 7.8 18.8 18.9 5.8 14.7 -1.3 19.1 14.0 11.0
=========================================================================================================================================================
Note : - means zero
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 27
Unit: In Percent As of November 2019
TABLE 16B. GROSS DOMESTIC CAPITAL FORMATION IN DURABLE EQUIPMENT BY MAJOR TYPE
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CONSTANT 2000 PRICES
Growth Rates
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17-18 18-19 FIRST TO THIRD QUARTER
TYPE OF EQUIPMENT Q1 Q2 Q3 Q4 Q1 Q2 Q3 17-18 18-19
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DURABLE EQUIPMENT 7.2 25.7 18.5 2.3 6.1 -12.8 -9.1 16.3 -5.0
A.MACHINERY SPECIALIZED
FOR PARTICULAR INDUSTRIES 17.3 30.7 14.8 14.7 0.4 -13.0 -12.6 22.0 -7.8
1. Agricultural machineries 5.4 -5.2 6.6 10.3 -20.8 21.6 -20.1 2.6 -8.8
2. Tractor other than steam -0.9 125.5 -39.5 33.4 49.6 -23.2 45.0 6.4 24.7
3. Mining,construction mach. 32.9 49.2 26.3 27.3 12.1 -25.1 -44.9 37.9 -20.5
4. Textile machineries -12.9 30.8 8.7 25.7 20.8 -20.1 9.1 -0.1 7.9
5. Sawmill & logging machineries - - - - - - - - -
6. Sugarmill machineries 759.6 169.7 -69.0 - -91.8 -62.0 520.7 118.3 -28.1
7. Pulp and paper machineries 26.4 20.1 9.5 -43.8 -19.9 54.8 31.5 16.7 28.6
8. Metal working machineries 22.3 39.7 19.7 16.0 -2.8 -13.8 -7.8 29.7 -8.4
9. Telecommunications & sound
recording/reproducing equip. 24.1 36.8 14.2 12.0 2.8 -3.7 4.7 27.5 0.3
10. Other special industrial mach. 6.2 13.2 8.1 7.1 -5.3 -18.5 -1.5 9.2 -9.6
1. Aircon & refrigeration equip. 11.1 13.1 22.2 11.8 10.0 8.0 12.9 14.9 10.4
2. Pumps and compressor 18.7 24.1 -4.3 -9.4 33.3 -10.2 10.1 14.9 17.7
3. Other electrical
machinery and apparatus 13.4 26.0 8.6 7.1 13.0 -5.4 -2.2 20.6 -2.8
4. Other general industrial mach. 17.4 5.4 -0.2 9.0 5.7 4.3 19.9 9.7 7.5
C.TRANSPORT EQUIPMENT 0.6 31.7 26.1 -4.1 3.7 -24.3 -18.1 18.2 -13.0
1. Road vehicles 2.0 24.8 16.5 -7.5 4.4 -16.2 -12.5 12.9 -7.8
2. Railway transport -72.8 -41.7 -49.6 650.9 45.6 148.1 225.1 -48.6 136.2
3. Air transport -27.0 21.2 287.1 36.4 91.5 -49.6 -54.6 129.3 -49.2
4. Water transport -17.4 207.2 38.9 33.4 -21.5 -80.3 -40.2 44.9 -50.4
D.MISCELLANEOUS EQUIPMENT 2.9 14.8 -0.5 4.5 14.9 1.6 24.0 4.3 14.7
1. Office mach. & data processing 10.3 14.8 -13.0 3.9 12.5 13.7 32.1 -5.6 25.5
2. Other misc. durable equipment 2.1 14.8 14.6 4.7 15.2 -0.9 16.6 8.0 11.2
=========================================================================================================================================================
Note : - means zero
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 28
Base Year : 1985 As of November 2019
TABLE 17. GROSS DOMESTIC CAPITAL FORMATION IN DURABLE EQUIPMENT BY MAJOR TYPE
1ST QUARTER 2017 TO 3RD QUARTER 2019
Implicit Price Index
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
TYPE OF EQUIPMENT Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DURABLE EQUIPMENT 109.2 127.4 121.2 121.4 111.2 127.7 128.6 126.5 116.6 129.0 126.8 118.4 122.3 123.4
A.MACHINERY SPECIALIZED
FOR PARTICULAR INDUSTRIES 98.7 103.5 144.1 153.2 105.7 111.5 145.1 155.2 109.0 117.1 150.7 110.1 115.9 120.1
1. Agricultural machineries 57.5 70.9 146.5 85.7 58.2 72.0 148.2 87.5 59.9 73.3 150.1 85.6 87.4 87.1
2. Tractor other than steam 350.9 740.6 943.2 695.2 355.1 751.8 954.9 708.3 364.0 765.2 970.6 602.1 595.8 574.5
3. Mining,construction mach. 74.2 56.2 104.1 96.8 75.1 57.1 105.3 98.7 77.0 58.1 107.5 75.4 75.0 74.5
4. Textile machineries 77.3 236.3 242.9 130.8 78.0 256.7 242.2 139.3 80.4 248.6 236.6 142.4 160.0 147.5
5. Sawmill & logging machineries ** ** ** ** ** ** ** ** ** ** ** ** ** **
6. Sugarmill machineries 31.8 44.9 64.2 ** 32.2 45.6 65.0 ** 33.0 46.4 66.0 55.4 37.7 61.4
7. Pulp and paper machineries 91.9 43.1 35.4 111.8 92.8 43.6 35.8 126.2 96.8 42.9 36.2 49.7 51.2 47.5
8. Metal working machineries 110.5 111.6 617.2 104.3 112.1 113.5 625.3 106.5 114.8 115.4 625.6 150.8 150.1 152.4
9. Telecommunications & sound
recording/reproducing equip. 150.8 158.0 165.8 151.7 162.2 173.5 169.7 156.1 164.3 176.2 168.5 156.3 168.3 170.0
10. Other special industrial mach. 59.8 75.4 127.1 313.2 60.7 77.1 128.5 322.0 62.3 78.2 129.6 79.1 80.5 82.4
1. Aircon & refrigeration equip. 52.2 71.9 111.5 162.4 53.5 74.8 113.1 168.0 54.2 75.2 112.0 75.2 78.0 78.4
2. Pumps and compressor 50.6 94.7 135.7 101.1 51.7 97.6 138.6 104.1 52.0 97.7 138.1 80.1 79.7 75.9
3. Other electrical
machinery and apparatus 231.8 50.9 220.0 96.6 239.1 51.4 232.1 100.2 241.2 52.4 227.5 110.0 108.5 111.9
4. Other general industrial mach. 131.0 136.7 256.0 118.7 135.1 140.6 259.6 123.4 137.2 142.1 263.9 155.4 157.3 161.9
C.TRANSPORT EQUIPMENT 114.2 163.4 104.2 125.0 112.1 155.2 116.9 132.7 123.7 157.1 110.1 120.2 124.4 124.6
1. Road vehicles 106.1 137.3 101.7 112.1 106.6 134.6 101.9 113.8 110.0 140.8 102.3 110.5 110.7 113.0
2. Railway transport 192.0 4.9 * 483.2 193.4 5.0 * 487.4 199.9 5.1 * 51.7 32.4 26.4
3. Air transport * 542.2 292.3 280.5 * 552.0 300.0 283.1 * 566.3 300.8 521.9 399.3 503.7
4. Water transport 50.9 52.8 32.0 443.2 50.2 52.5 27.6 487.6 52.6 55.1 30.0 43.2 41.9 41.9
D.MISCELLANEOUS EQUIPMENT 111.9 154.8 117.6 89.8 117.8 156.9 120.4 90.1 117.0 158.9 118.8 123.3 128.2 126.6
1. Office mach. & data processing 327.3 287.7 103.4 201.3 325.0 278.5 99.4 200.6 325.3 276.2 95.7 163.2 169.9 160.0
2. Other misc. durable equipment 89.4 127.5 134.7 65.0 94.4 132.0 139.8 65.7 94.0 131.4 142.8 108.7 114.8 114.5
=========================================================================================================================================================
Note : * - more than 1000% growth; ** - means zero
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 29
Unit: FOB Value in million pesos As of November 2019
Principal Exports of Goods 444,987 419,584 553,507 588,835 462,074 508,948 675,068 674,955 478,301 518,539 606,679 1,418,078 1,646,090 1,603,519
Electronic Components 312,078 316,998 428,186 455,906 331,070 398,881 523,660 523,374 340,639 406,380 467,386 1,057,262 1,253,610 1,214,405
Components/Devices
(Semiconductors) 191,875 225,179 323,132 330,402 200,654 276,218 403,362 380,263 209,907 270,901 341,338 740,186 880,235 822,146
Electronic Data Processing 51,621 48,941 57,967 35,713 54,827 58,386 66,788 40,945 55,515 58,771 62,286 158,529 180,001 176,572
Office Equipment 20,245 11,187 9,571 15,188 24,677 21,399 8,799 18,950 23,547 30,276 12,974 41,003 54,876 66,797
Consumer Electronics 2,808 5,508 4,193 9,848 3,708 13,879 10,124 19,739 5,525 15,737 10,291 12,509 27,711 31,553
Telecommunication 9,003 5,315 8,308 5,042 10,799 4,879 6,483 3,422 9,361 5,550 9,215 22,627 22,161 24,126
Communication/Radar 5,294 4,944 10,959 15,596 4,642 6,547 12,176 13,614 6,587 9,100 15,275 21,197 23,365 30,962
Control Instrumentation 28,490 14,543 12,345 42,374 28,487 16,064 12,888 44,299 27,446 14,253 13,241 55,379 57,438 54,941
Medical/Industrial Instrumentation 940 303 787 947 839 457 891 720 822 263 695 2,029 2,187 1,779
Automotive Electronics 1,801 1,078 925 796 2,437 1,051 2,148 1,422 1,929 1,530 2,070 3,804 5,637 5,529
Principal Agricultural Products 47,244 36,704 53,031 41,412 42,470 34,278 51,489 51,723 48,337 41,556 58,519 136,979 128,237 148,413
Bananas, including Plantains, Fresh
or Dried 11,575 9,299 12,748 12,295 15,685 9,704 24,959 25,264 28,770 13,649 31,199 33,622 50,348 73,618
Coconut Oil 21,850 13,062 19,905 14,683 13,379 13,157 11,144 12,891 9,587 13,593 10,132 54,817 37,680 33,312
Copra Oil Cake or Meal 847 535 941 853 931 639 731 1,332 866 489 1,186 2,323 2,300 2,540
Dessicated Coconut 3,740 2,541 5,072 4,462 4,449 2,633 5,440 4,255 3,217 1,892 3,418 11,353 12,522 8,527
Mango, Fresh or Dried 1,075 1,135 904 2,030 1,237 1,263 1,543 3,079 1,063 1,150 1,595 3,114 4,043 3,808
Pineapple and Pineapple Products 7,081 7,257 9,779 4,313 6,077 6,092 7,418 4,894 4,198 8,718 10,984 24,117 19,587 23,899
Sugar 1,076 2,876 3,681 2,776 712 790 254 7 636 2,066 6 7,633 1,757 2,708
Principal Fishery Products 5,859 6,138 8,141 7,271 7,136 6,993 7,116 5,413 6,471 5,391 5,308 20,138 21,246 17,171
Shrimps and Prawns 1,427 278 1,159 1,035 1,282 192 717 651 1,011 190 712 2,864 2,191 1,913
Tuna 4,432 5,860 6,982 6,236 5,854 6,802 6,400 4,763 5,460 5,200 4,596 17,274 19,055 15,257
Principal Exports of Goods 532,696 585,804 802,366 724,247 556,234 716,201 965,867 843,478 592,844 749,814 932,609 1,920,866 2,238,302 2,275,267
Electronic Components 448,760 517,633 716,338 599,703 476,051 642,724 870,570 688,601 506,996 671,991 841,671 1,682,730 1,989,345 2,020,658
Components/Devices
(Semiconductors) 356,127 397,027 544,323 446,215 373,692 481,465 671,288 513,272 401,607 493,659 627,077 1,297,476 1,526,445 1,522,344
Electronic Data Processing 43,320 58,620 93,412 38,207 46,167 70,474 109,625 44,334 47,742 74,481 108,404 195,352 226,267 230,627
Office Equipment 14,383 11,145 13,065 13,960 17,591 21,040 11,642 16,926 17,143 28,959 17,160 38,593 50,273 63,262
Consumer Electronics 3,447 9,571 9,450 14,813 4,548 24,026 22,685 29,562 6,922 27,412 23,159 22,468 51,259 57,493
Telecommunication 9,481 8,004 16,423 6,756 11,693 7,515 10,642 4,601 10,174 8,575 15,153 33,909 29,849 33,903
Communication/Radar 5,124 6,883 20,345 19,419 4,619 9,321 23,024 17,010 6,579 12,997 28,939 32,351 36,964 48,515
Control Instrumentation 15,127 24,835 17,078 58,528 15,552 27,112 17,727 61,071 14,994 24,011 18,196 57,040 60,391 57,201
Medical/Industrial Instrumentation 525 540 1,075 1,120 482 789 1,234 603 481 457 960 2,141 2,505 1,897
Automotive Electronics 1,225 1,008 1,166 686 1,705 984 2,703 1,223 1,354 1,440 2,622 3,399 5,392 5,417
Principal Agricultural Products 18,997 13,165 20,375 20,393 16,670 12,923 21,556 31,093 21,413 16,925 23,341 52,537 51,149 61,679
Bananas, including Plantains, Fresh
or Dried 5,475 3,787 5,372 9,060 7,269 3,791 10,057 17,641 12,311 4,532 10,517 14,634 21,117 27,360
Coconut Oil 8,852 2,760 6,497 5,045 4,998 3,686 5,271 6,817 5,477 5,033 6,067 18,108 13,955 16,577
Copra Oil Cake or Meal 160 278 325 328 162 440 366 787 231 445 753 764 969 1,429
Dessicated Coconut 949 1,244 1,700 2,154 1,041 1,709 2,643 3,162 1,151 1,623 2,102 3,893 5,394 4,877
Mango, Fresh or Dried 268 536 305 721 341 663 598 1,305 355 722 589 1,110 1,602 1,667
Pineapple and Pineapple Products 2,577 2,275 3,453 1,230 2,186 1,875 2,393 1,375 1,303 2,638 3,307 8,304 6,455 7,249
Sugar 715 2,286 2,723 1,854 673 758 226 6 584 1,931 5 5,724 1,657 2,520
Principal Fishery Products 2,352 4,935 5,809 6,468 4,899 5,402 4,828 5,059 4,790 3,524 3,395 13,096 15,129 11,709
Shrimps and Prawns 965 211 1,070 902 880 143 704 617 694 124 590 2,245 1,727 1,408
Tuna 1,387 4,724 4,739 5,565 4,019 5,259 4,123 4,441 4,096 3,400 2,805 10,851 13,401 10,301
Others 388,671 390,777 341,770 162,102 445,904 417,919 370,906 185,698 472,089 440,320 386,743 1,121,218 1,234,729 1,299,152
======================================================================================================================================================================
Notes:
* Starting 2011, Manufactured Products on Consignment Basis are not treated as exports of goods following the recommendation of the 2008 System of National Accounts (SNA), rather it is treated as exports of processing
services under the Exports of Services. The PSA will back track the series as soon as the revised Balance of Payments (BOP) data for the years prior to 2011 are released by the Bangko Sentral Ng Pilipinas, reflecting its
adoption of the Balance of Payments Manual 6 (BPM6). Hence, at present there is a break in the National Accounts for this item from 2010 backwards.
** Includes Merchanting following the recommendation of the 2008 SNA. This item used to be part of Exports of Services.
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 31
Unit: In Percent As of November 2019
Principal Exports of Goods 64.7 71.7 68.6 77.9 65.4 76.4 72.2 78.4 67.3 77.3 71.6 68.2 71.3 71.9
Electronic Components 45.4 54.2 53.1 60.3 46.8 59.9 56.0 60.8 47.9 60.6 55.1 50.8 54.3 54.5
Components/Devices
(Semiconductors) 27.9 38.5 40.1 43.7 28.4 41.4 43.1 44.2 29.5 40.4 40.3 35.6 38.1 36.9
Electronic Data Processing 7.5 8.4 7.2 4.7 7.8 8.8 7.1 4.8 7.8 8.8 7.3 7.6 7.8 7.9
Office Equipment 2.9 1.9 1.2 2.0 3.5 3.2 0.9 2.2 3.3 4.5 1.5 2.0 2.4 3.0
Consumer Electronics 0.4 0.9 0.5 1.3 0.5 2.1 1.1 2.3 0.8 2.3 1.2 0.6 1.2 1.4
Telecommunication 1.3 0.9 1.0 0.7 1.5 0.7 0.7 0.4 1.3 0.8 1.1 1.1 1.0 1.1
Communication/Radar 0.8 0.8 1.4 2.1 0.7 1.0 1.3 1.6 0.9 1.4 1.8 1.0 1.0 1.4
Control Instrumentation 4.1 2.5 1.5 5.6 4.0 2.4 1.4 5.1 3.9 2.1 1.6 2.7 2.5 2.5
Medical/Industrial Instrumentation 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.0 0.1 0.1 0.1 0.1
Automotive Electronics 0.3 0.2 0.1 0.1 0.3 0.2 0.2 0.2 0.3 0.2 0.2 0.2 0.2 0.2
Principal Agricultural Products 6.9 6.3 6.6 5.5 6.0 5.1 5.5 6.0 6.8 6.2 6.9 6.6 5.6 6.7
Bananas, including Plantains, Fresh
or Dried 1.7 1.6 1.6 1.6 2.2 1.5 2.7 2.9 4.0 2.0 3.7 1.6 2.2 3.3
Coconut Oil 3.2 2.2 2.5 1.9 1.9 2.0 1.2 1.5 1.3 2.0 1.2 2.6 1.6 1.5
Copra Oil Cake or Meal 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.1 0.1 0.1 0.1 0.1 0.1
Dessicated Coconut 0.5 0.4 0.6 0.6 0.6 0.4 0.6 0.5 0.5 0.3 0.4 0.5 0.5 0.4
Mango, Fresh or Dried 0.2 0.2 0.1 0.3 0.2 0.2 0.2 0.4 0.1 0.2 0.2 0.1 0.2 0.2
Pineapple and Pineapple Products 1.0 1.2 1.2 0.6 0.9 0.9 0.8 0.6 0.6 1.3 1.3 1.2 0.8 1.1
Sugar 0.2 0.5 0.5 0.4 0.1 0.1 0.0 0.0 0.1 0.3 0.0 0.4 0.1 0.1
Principal Fishery Products 0.9 1.0 1.0 1.0 1.0 1.0 0.8 0.6 0.9 0.8 0.6 1.0 0.9 0.8
Shrimps and Prawns 0.2 0.0 0.1 0.1 0.2 0.0 0.1 0.1 0.1 0.0 0.1 0.1 0.1 0.1
Tuna 0.6 1.0 0.9 0.8 0.8 1.0 0.7 0.6 0.8 0.8 0.5 0.8 0.8 0.7
Others 35.3 28.3 31.4 22.1 34.6 23.6 27.8 21.6 32.7 22.7 28.4 31.8 28.7 28.1
======================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 32
Unit: In Percent As of November 2019
Principal Exports of Goods 57.8 60.0 70.1 81.7 55.5 63.2 72.3 82.0 55.7 63.0 70.7 63.1 64.4 63.7
Electronic Components 48.7 53.0 62.6 67.7 47.5 56.7 65.1 66.9 47.6 56.5 63.8 55.3 57.3 56.5
Components/Devices
(Semiconductors) 38.7 40.7 47.6 50.3 37.3 42.5 50.2 49.9 37.7 41.5 47.5 42.7 44.0 42.6
Electronic Data Processing 4.7 6.0 8.2 4.3 4.6 6.2 8.2 4.3 4.5 6.3 8.2 6.4 6.5 6.5
Office Equipment 1.6 1.1 1.1 1.6 1.8 1.9 0.9 1.6 1.6 2.4 1.3 1.3 1.4 1.8
Consumer Electronics 0.4 1.0 0.8 1.7 0.5 2.1 1.7 2.9 0.6 2.3 1.8 0.7 1.5 1.6
Telecommunication 1.0 0.8 1.4 0.8 1.2 0.7 0.8 0.4 1.0 0.7 1.1 1.1 0.9 0.9
Communication/Radar 0.6 0.7 1.8 2.2 0.5 0.8 1.7 1.7 0.6 1.1 2.2 1.1 1.1 1.4
Control Instrumentation 1.6 2.5 1.5 6.6 1.6 2.4 1.3 5.9 1.4 2.0 1.4 1.9 1.7 1.6
Medical/Industrial Instrumentation 0.1 0.1 0.1 0.1 0.0 0.1 0.1 0.1 0.0 0.0 0.1 0.1 0.1 0.1
Automotive Electronics 0.1 0.1 0.1 0.1 0.2 0.1 0.2 0.1 0.1 0.1 0.2 0.1 0.2 0.2
Principal Agricultural Products 2.1 1.3 1.8 2.3 1.7 1.1 1.6 3.0 2.0 1.4 1.8 1.7 1.5 1.7
Bananas, including Plantains, Fresh
or Dried 0.6 0.4 0.5 1.0 0.7 0.3 0.8 1.7 1.2 0.4 0.8 0.5 0.6 0.8
Coconut Oil 1.0 0.3 0.6 0.6 0.5 0.3 0.4 0.7 0.5 0.4 0.5 0.6 0.4 0.5
Copra Oil Cake or Meal 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.0 0.0 0.1 0.0 0.0 0.0
Dessicated Coconut 0.1 0.1 0.1 0.2 0.1 0.2 0.2 0.3 0.1 0.1 0.2 0.1 0.2 0.1
Mango, Fresh or Dried 0.0 0.1 0.0 0.1 0.0 0.1 0.0 0.1 0.0 0.1 0.0 0.0 0.0 0.0
Pineapple and Pineapple Products 0.3 0.2 0.3 0.1 0.2 0.2 0.2 0.1 0.1 0.2 0.3 0.3 0.2 0.2
Sugar 0.1 0.2 0.2 0.2 0.1 0.1 0.0 0.0 0.1 0.2 0.0 0.2 0.0 0.1
Principal Fishery Products 0.3 0.5 0.5 0.7 0.5 0.5 0.4 0.5 0.4 0.3 0.3 0.4 0.4 0.3
Shrimps and Prawns 0.1 0.0 0.1 0.1 0.1 0.0 0.1 0.1 0.1 0.0 0.0 0.1 0.0 0.0
Tuna 0.2 0.5 0.4 0.6 0.4 0.5 0.3 0.4 0.4 0.3 0.2 0.4 0.4 0.3
Others 42.2 40.0 29.9 18.3 44.5 36.8 27.7 18.0 44.3 37.0 29.3 36.9 35.6 36.3
======================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 33
Unit: In Percent As of November 2019
Principal Exports of Goods 3.8 21.3 22.0 14.6 3.5 1.9 -10.1 16.1 -2.6
Electronic Components 6.1 25.8 22.3 14.8 2.9 1.9 -10.7 18.6 -3.1
Components/Devices
(Semiconductors) 4.6 22.7 24.8 15.1 4.6 -1.9 -15.4 18.9 -6.6
Electronic Data Processing 6.2 19.3 15.2 14.7 1.3 0.7 -6.7 13.5 -1.9
Office Equipment 21.9 91.3 -8.1 24.8 -4.6 41.5 47.4 33.8 21.7
Consumer Electronics 32.1 152.0 141.5 100.4 49.0 13.4 1.6 121.5 13.9
Telecommunication 19.9 -8.2 -22.0 -32.1 -13.3 13.7 42.1 -2.1 8.9
Communication/Radar -12.3 32.4 11.1 -12.7 41.9 39.0 25.5 10.2 32.5
Control Instrumentation 0.0 10.5 4.4 4.5 -3.7 -11.3 2.7 3.7 -4.3
Medical/Industrial Instrumentation -10.7 50.9 13.2 -24.0 -2.1 -42.5 -22.0 7.8 -18.6
Automotive Electronics 35.3 -2.5 132.3 78.7 -20.9 45.5 -3.6 48.2 -1.9
Principal Agricultural Products -10.1 -6.6 -2.9 24.9 13.8 21.2 13.7 -6.4 15.7
Bananas, including Plantains, Fresh
or Dried 35.5 4.4 95.8 105.5 83.4 40.6 25.0 49.7 46.2
Coconut Oil -38.8 0.7 -44.0 -12.2 -28.3 3.3 -9.1 -31.3 -11.6
Copra Oil Cake or Meal 9.8 19.5 -22.3 56.2 -7.0 -23.4 62.3 -1.0 10.5
Dessicated Coconut 19.0 3.6 7.3 -4.6 -27.7 -28.1 -37.2 10.3 -31.9
Mango, Fresh or Dried 15.0 11.2 70.8 51.7 -14.1 -9.0 3.3 29.8 -5.8
Pineapple and Pineapple Products -14.2 -16.0 -24.1 13.5 -30.9 43.1 48.1 -18.8 22.0
Sugar -33.8 -72.5 -93.1 -99.7 -10.7 161.4 -97.7 -77.0 54.2
Principal Fishery Products 21.8 13.9 -12.6 -25.5 -9.3 -22.9 -25.4 5.5 -19.2
Shrimps and Prawns -10.1 -31.1 -38.2 -37.1 -21.1 -0.8 -0.6 -23.5 -12.7
Tuna 32.1 16.1 -8.3 -23.6 -6.7 -23.5 -28.2 10.3 -19.9
Others 0.7 -4.8 2.9 11.0 -4.9 -3.3 -7.4 0.1 -5.5
======================================================================================================================================================================
Note: - means zero
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 34
Unit: In Percent As of November 2019
TOTAL EXPORTS OF GOODS 8.8 16.1 16.8 16.1 6.3 4.9 -1.3 14.2 2.9
Principal Exports of Goods 4.4 22.3 20.4 16.5 6.6 4.7 -3.4 16.5 1.7
Electronic Components 6.1 24.2 21.5 14.8 6.5 4.6 -3.3 18.2 1.6
Components/Devices
(Semiconductors) 4.9 21.3 23.3 15.0 7.5 2.5 -6.6 17.6 -0.3
Electronic Data Processing 6.6 20.2 17.4 16.0 3.4 5.7 -1.1 15.8 1.9
Office Equipment 22.3 88.8 -10.9 21.2 -2.6 37.6 47.4 30.3 25.8
Consumer Electronics 31.9 151.0 140.0 99.6 52.2 14.1 2.1 128.1 12.2
Telecommunication 23.3 -6.1 -35.2 -31.9 -13.0 14.1 42.4 -12.0 13.6
Communication/Radar -9.8 35.4 13.2 -12.4 42.4 39.4 25.7 14.3 31.3
Control Instrumentation 2.8 9.2 3.8 4.3 -3.6 -11.4 2.6 5.9 -5.3
Medical/Industrial Instrumentation -8.2 46.0 14.8 -46.2 -0.3 -42.1 -22.2 17.0 -24.3
Automotive Electronics 39.1 -2.4 131.8 78.2 -20.6 46.4 -3.0 58.6 0.5
Principal Agricultural Products -12.2 -1.8 5.8 52.5 28.5 31.0 8.3 -2.6 20.6
Bananas, including Plantains, Fresh
or Dried 32.8 0.1 87.2 94.7 69.4 19.6 4.6 44.3 29.6
Coconut Oil -43.5 33.6 -18.9 35.1 9.6 36.5 15.1 -22.9 18.8
Copra Oil Cake or Meal 1.3 58.4 12.5 140.3 42.3 1.2 105.5 26.9 47.5
Dessicated Coconut 9.7 37.4 55.4 46.8 10.6 -5.0 -20.5 38.5 -9.6
Mango, Fresh or Dried 27.0 23.7 96.0 80.9 4.2 8.8 -1.5 44.4 4.0
Pineapple and Pineapple Products -15.2 -17.5 -30.7 11.7 -40.4 40.7 38.2 -22.3 12.3
Sugar -5.9 -66.8 -91.7 -99.7 -13.3 154.8 -97.8 -71.0 52.1
Principal Fishery Products 108.3 9.5 -16.9 -21.8 -2.2 -34.8 -29.7 15.5 -22.6
Shrimps and Prawns -8.8 -32.2 -34.2 -31.6 -21.2 -12.9 -16.3 -23.1 -18.5
Tuna 189.7 11.3 -13.0 -20.2 1.9 -35.4 -32.0 23.5 -23.1
Articles of Apparel and Clothing
Accessories -47.5 30.2 17.7 54.3 -3.6 -6.0 -0.9 -12.0 -3.3
Basketworks -15.0 2.4 -17.5 -4.3 -14.6 -9.2 24.9 -12.1 -2.0
Cathodes & Sections of Cathodes, of
Refined Copper 20.8 -24.3 - -41.0 44.7 12.7 -24.6 75.6 16.4
Ignition Wiring Sets -3.4 -10.8 -2.6 26.8 12.3 25.3 -0.6 -5.5 11.2
Metal Components 29.6 30.7 9.2 15.5 -17.6 1.2 -9.3 21.8 -8.5
Other Products Manufactured from
Materials on Consignment Basis - - - - - - - - -
Petroleum Products 22.7 4.4 18.5 -3.6 -23.7 -92.1 -58.8 14.1 -59.2
Others 14.7 6.9 8.5 14.6 5.9 5.4 4.3 10.1 5.2
======================================================================================================================================================================
Note: - means zero
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 35
Base Year: 2000 As of November 2019
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
ITEMS Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
TOTAL EXPORTS OF GOODS 74.7 59.9 70.5 85.3 70.5 58.8 70.0 83.6 66.8 56.4 64.2 68.4 66.5 62.4
Principal Exports of Goods 83.5 71.6 69.0 81.3 83.1 71.1 69.9 80.0 80.7 69.2 65.1 73.8 73.5 70.5
Electronic Components 69.5 61.2 59.8 76.0 69.5 62.1 60.2 76.0 67.2 60.5 55.5 62.8 63.0 60.1
Components/Devices
(Semiconductors) 53.9 56.7 59.4 74.0 53.7 57.4 60.1 74.1 52.3 54.9 54.4 57.0 57.7 54.0
Electronic Data Processing 119.2 83.5 62.1 93.5 118.8 82.8 60.9 92.4 116.3 78.9 57.5 81.2 79.6 76.6
Office Equipment 140.8 100.4 73.3 108.8 140.3 101.7 75.6 112.0 137.4 104.5 75.6 106.2 109.2 105.6
Consumer Electronics 81.4 57.6 44.4 66.5 81.5 57.8 44.6 66.8 79.8 57.4 44.4 55.7 54.1 54.9
Telecommunication 95.0 66.4 50.6 74.6 92.3 64.9 60.9 74.4 92.0 64.7 60.8 66.7 74.2 71.2
Communication/Radar 103.3 71.8 53.9 80.3 100.5 70.2 52.9 80.0 100.1 70.0 52.8 65.5 63.2 63.8
Control Instrumentation 188.3 58.6 72.3 72.4 183.2 59.2 72.7 72.5 183.1 59.4 72.8 97.1 95.1 96.0
Medical/Industrial Instrumentation 179.0 56.0 73.2 84.6 174.1 57.9 72.2 119.4 171.0 57.5 72.4 94.8 87.3 93.8
Automotive Electronics 147.0 106.9 79.3 116.0 143.0 106.9 79.5 116.3 142.4 106.2 79.0 111.9 104.5 102.1
Principal Agricultural Products 248.7 278.8 260.3 203.1 254.8 265.2 238.9 166.3 225.7 245.5 250.7 260.7 250.7 240.6
Bananas, including Plantains, Fresh
or Dried 211.4 245.5 237.3 135.7 215.8 256.0 248.2 143.2 233.7 301.1 296.7 229.8 238.4 269.1
Coconut Oil 246.8 473.3 306.4 291.0 267.7 356.9 211.4 189.1 175.0 270.1 167.0 302.7 270.0 201.0
Copra Oil Cake or Meal 528.2 192.5 289.1 260.4 572.9 145.1 199.5 169.2 374.6 109.8 157.6 304.2 237.4 177.8
Dessicated Coconut 394.1 204.3 298.3 207.1 427.4 154.0 205.8 134.6 279.5 116.6 162.6 291.6 232.2 174.9
Mango, Fresh or Dried 400.5 211.7 296.2 281.4 362.9 190.3 258.1 236.0 299.4 159.2 270.6 280.6 252.3 228.5
Pineapple and Pineapple Products 274.8 319.0 283.2 350.6 278.0 324.9 310.0 356.0 322.1 330.4 332.1 290.4 303.5 329.7
Sugar 150.5 125.8 135.2 149.7 105.9 104.3 112.2 113.5 109.0 107.0 117.5 133.4 106.0 107.5
Principal Fishery Products 249.1 124.4 140.2 112.4 145.6 129.5 147.4 107.0 135.1 153.0 156.3 153.8 140.4 146.6
Shrimps and Prawns 147.9 132.2 108.3 114.7 145.6 134.5 101.7 105.4 145.7 153.2 120.7 127.5 126.8 135.9
Tuna 319.4 124.0 147.3 112.1 145.6 129.3 155.2 107.2 133.3 153.0 163.8 159.2 142.2 148.1
Articles of Apparel and Clothing
Accessories 113.7 104.9 104.1 104.2 109.4 102.2 103.0 105.5 107.5 98.4 93.4 109.0 104.6 99.1
Basketworks 182.6 72.9 114.5 47.3 182.9 71.0 112.3 45.6 169.2 66.8 101.7 138.8 135.3 121.3
Cathodes & Sections of Cathodes, of
Refined Copper 175.8 341.0 ** 954.3 215.5 432.9 344.4 735.7 196.4 381.6 315.7 210.8 282.6 241.1
Ignition Wiring Sets 136.4 112.5 103.5 70.5 144.4 119.3 109.4 71.4 143.1 116.4 107.4 115.5 122.3 120.7
Metal Components 109.5 101.1 99.2 60.3 114.8 106.4 106.6 63.4 110.1 98.7 98.2 102.8 109.1 101.8
Other Products Manufactured from
Materials on Consignment Basis ** ** ** ** ** ** ** ** ** ** ** ** ** **
Petroleum Products 159.3 199.9 298.7 260.6 174.7 273.2 449.8 241.8 170.8 253.2 357.8 214.5 290.6 231.3
Others 62.5 42.3 74.0 103.3 54.9 37.7 70.2 100.1 49.3 34.6 62.3 59.0 53.6 48.2
======================================================================================================================================================================
Note: ** means zero
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 36
Unit: In million pesos As of November 2019
1. Transportation 27,482 29,908 33,911 33,992 33,578 34,975 35,293 36,997 35,099 35,215 35,526 91,301 103,846 105,840
2. Insurance 435 338 657 675 421 342 686 677 439 371 725 1,430 1,450 1,535
3. Travel 73,017 101,800 115,453 73,409 127,823 114,333 115,100 79,522 147,972 141,895 157,804 290,270 357,256 447,672
4. Government 3,824 4,064 4,384 4,351 7,045 7,496 8,080 8,012 7,221 7,427 8,024 12,272 22,621 22,671
5. Miscellaneous services* 424,904 442,873 350,312 342,460 469,818 509,336 385,392 377,126 495,909 530,254 395,374 1,218,089 1,364,546 1,421,537
=========================================================================================================================================
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
EXPORTS OF SERVICES 260,465 283,745 244,958 218,099 301,721 311,355 249,685 234,181 312,663 324,588 269,822 789,168 862,762 907,073
1. Transportation 12,021 13,021 14,679 14,472 13,998 14,964 15,193 15,054 14,301 14,631 15,317 39,721 44,155 44,249
2. Insurance 215 166 321 327 200 161 316 319 201 169 328 702 677 698
3. Travel 36,514 50,797 56,447 35,501 60,747 53,632 52,964 37,440 67,727 64,653 71,428 143,757 167,343 203,809
4. Government 1,992 2,099 2,239 2,185 3,500 3,677 3,872 3,814 3,454 3,532 3,787 6,330 11,048 10,773
5. Miscellaneous services* 209,724 217,661 171,273 165,614 223,277 238,922 177,340 177,554 226,979 241,604 178,961 598,658 639,539 647,544
=========================================================================================================================================
EXPORTS OF SERVICES 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0
1. Transportation 5.2 5.2 6.7 7.5 5.3 5.2 6.5 7.4 5.1 4.9 5.9 5.7 5.6 5.3
2. Insurance 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1
3. Travel 13.8 17.6 22.9 16.1 20.0 17.2 21.1 15.8 21.6 19.8 26.4 18.0 19.3 22.4
4. Government 0.7 0.7 0.9 1.0 1.1 1.1 1.5 1.6 1.1 1.0 1.3 0.8 1.2 1.1
5. Miscellaneous services 80.2 76.5 69.4 75.3 73.6 76.4 70.8 75.1 72.2 74.1 66.2 75.5 73.8 71.1
=========================================================================================================================================
1. Transportation 4.6 4.6 6.0 6.6 4.6 4.8 6.1 6.4 4.6 4.5 5.7 5.0 5.1 4.9
2. Insurance 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1
3. Travel 14.0 17.9 23.0 16.3 20.1 17.2 21.2 16.0 21.7 19.9 26.5 18.2 19.4 22.5
4. Government 0.8 0.7 0.9 1.0 1.2 1.2 1.6 1.6 1.1 1.1 1.4 0.8 1.3 1.2
5. Miscellaneous services 80.5 76.7 69.9 75.9 74.0 76.7 71.0 75.8 72.6 74.4 66.3 75.9 74.1 71.4
=========================================================================================================================================
1. Transportation 22.2 16.9 4.1 8.8 4.5 0.7 0.7 13.7 1.9
2. Insurance -3.3 1.3 4.6 0.3 4.3 8.3 5.6 1.4 5.9
3. Travel 75.1 12.3 -0.3 8.3 15.8 24.1 37.1 23.1 25.3
4. Government 84.2 84.5 84.3 84.1 2.5 -0.9 -0.7 84.3 0.2
5. Miscellaneous services 10.6 15.0 10.0 10.1 5.6 4.1 2.6 12.0 4.2
=========================================================================================================================================
1. Transportation 16.4 14.9 3.5 4.0 2.2 -2.2 0.8 11.2 0.2
2. Insurance -6.9 -3.3 -1.6 -2.4 0.5 5.2 3.9 -3.6 3.2
3. Travel 66.4 5.6 -6.2 5.5 11.5 20.5 34.9 16.4 21.8
4. Government 75.7 75.2 72.9 74.6 -1.3 -3.9 -2.2 74.5 -2.5
5. Miscellaneous services 6.5 9.8 3.5 7.2 1.7 1.1 0.9 6.8 1.3
=========================================================================================================================================
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
EXPORTS OF SERVICES 203.4 204.1 206.0 208.6 211.7 214.1 218.1 214.5 219.6 220.3 221.4 204.4 214.4 220.4
1. Transportation 228.6 229.7 231.0 234.9 239.9 233.7 232.3 245.8 245.4 240.7 231.9 229.9 235.2 239.2
2. Insurance 202.6 203.5 204.5 206.8 210.4 213.2 217.3 212.4 218.5 219.5 220.9 203.7 214.3 219.9
3. Travel 200.0 200.4 204.5 206.8 210.4 213.2 217.3 212.4 218.5 219.5 220.9 201.9 213.5 219.7
4. Government 192.0 193.6 195.8 199.2 201.3 203.8 208.7 210.1 209.0 210.3 211.9 193.9 204.7 210.4
5. Miscellaneous services 202.6 203.5 204.5 206.8 210.4 213.2 217.3 212.4 218.5 219.5 220.9 203.5 213.4 219.5
=========================================================================================================================================
A. PRINCIPAL IMPORT GOODS 944,976 910,227 887,137 931,744 1,079,862 1,194,392 1,163,363 1,097,819 1,176,951 1,152,858 1,061,213 2,742,340 3,437,617 3,391,023
1. Electronics 201,217 208,002 218,018 221,004 254,403 286,860 267,248 259,913 288,169 355,874 293,035 627,236 808,512 937,079
Components/Devices (Semiconductors) 103,804 100,701 108,001 113,653 133,095 132,227 132,188 125,243 148,503 172,076 132,035 312,506 397,510 452,614
Electronic Data Processing 40,209 45,788 45,229 41,460 43,925 57,596 54,603 51,763 49,938 72,890 68,781 131,226 156,125 191,609
Office Equipment 2,615 1,839 2,660 2,222 3,045 3,952 3,401 2,506 2,594 3,640 3,232 7,114 10,398 9,466
Consumer Electronics 13,123 13,691 15,588 14,866 15,747 21,103 20,053 20,590 23,099 29,538 24,422 42,402 56,904 77,059
Telecommunication 15,242 15,666 17,462 16,094 22,965 31,384 22,695 17,965 24,931 33,115 26,629 48,370 77,044 84,676
Communication/Radar 16,846 18,635 17,325 20,414 23,534 25,230 18,010 28,257 25,075 27,567 23,107 52,807 66,774 75,750
Control and Instrumentation 6,208 7,928 7,984 8,753 8,434 11,536 12,422 10,034 10,391 12,665 10,255 22,120 32,392 33,312
Medical/Industrial Instrumentation 2,724 3,313 3,260 2,975 3,022 3,077 3,183 2,831 2,863 3,514 3,590 9,297 9,283 9,967
Automotive Electronics 445 440 509 568 636 755 693 726 775 868 984 1,393 2,083 2,627
2. Mineral fuels 159,113 136,791 141,265 154,612 182,293 204,391 202,849 198,120 175,696 202,733 180,192 437,169 589,533 558,620
3. Machinery and mechanical appliances 103,516 98,603 100,041 98,427 123,958 120,008 108,162 115,246 129,636 113,427 107,421 302,160 352,128 350,484
4. Base metals 69,531 88,263 62,837 73,956 85,878 133,632 109,576 88,201 78,642 97,160 81,584 220,631 329,086 257,386
5. Transport equipment 201,655 152,910 134,480 150,732 199,120 187,020 199,991 152,584 241,164 147,915 161,504 489,045 586,131 550,583
6. Textile yarns 17,011 15,703 15,356 17,031 20,225 22,985 20,043 16,747 20,734 21,467 18,953 48,069 63,253 61,154
7. Electrical machinery 39,342 34,605 34,011 35,528 42,807 41,973 40,185 39,754 51,206 40,143 41,573 107,958 124,965 132,922
8. Artificial resins 32,445 30,501 30,114 30,354 35,571 41,178 39,662 38,262 38,382 34,773 36,081 93,060 116,411 109,237
9. Chemical products 19,441 25,463 28,160 27,982 25,987 31,267 31,193 28,299 24,734 27,022 26,309 73,064 88,447 78,064
10. Cereals 25,905 22,081 23,980 29,241 28,504 31,496 44,407 57,206 45,519 37,028 36,316 71,966 104,407 118,863
11. Dairy Products 13,833 12,205 14,133 11,903 14,240 14,717 14,471 14,642 19,159 15,476 13,846 40,171 43,428 48,481
12. Medical and Pharmaceutical products 23,755 19,378 23,745 26,299 23,373 20,047 25,291 28,888 27,358 21,467 24,365 66,878 68,711 73,190
13. Paper products 13,940 16,460 15,159 16,200 17,654 21,184 20,559 16,426 18,509 18,527 18,749 45,558 59,397 55,785
14. Feedstuff 15,548 17,856 16,755 18,834 16,970 23,391 22,955 25,148 17,316 19,482 20,365 50,159 63,316 57,163
15. Metalliferous ores and metal scrap 8,725 31,407 29,083 19,640 8,880 14,244 16,771 18,384 727 365 921 69,215 39,894 2,013
B. OTHERS 400,644 342,161 450,069 318,892 444,003 425,874 543,812 373,310 496,897 425,648 616,637 1,192,874 1,413,689 1,539,182
==============================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 41
Unit: FOB Value in million pesos As of November 2019
TOTAL IMPORTS OF GOODS 1,156,730 1,137,689 1,255,864 1,081,897 1,293,990 1,399,331 1,522,641 1,220,858 1,410,455 1,395,469 1,520,549 3,550,283 4,215,962 4,326,473
A. PRINCIPAL IMPORT GOODS 895,472 928,374 1,011,002 856,616 1,011,685 1,149,281 1,239,971 961,790 1,115,811 1,169,586 1,232,279 2,834,848 3,400,937 3,517,675
1. Electronics 364,411 372,745 532,656 308,208 447,900 496,246 639,806 348,420 504,021 613,183 699,031 1,269,811 1,583,952 1,816,235
Components/Devices (Semiconductors) 250,602 194,272 331,711 194,109 312,331 245,938 395,909 206,823 347,344 314,377 397,973 776,586 954,178 1,059,693
Electronic Data Processing 74,102 118,604 133,138 80,625 81,948 155,216 160,321 99,058 94,925 192,947 203,236 325,845 397,485 491,108
Office Equipment 1,723 3,127 1,807 882 1,971 6,606 2,274 978 1,694 6,134 2,260 6,658 10,850 10,088
Consumer Electronics 8,039 11,014 9,652 6,247 9,427 16,724 12,333 8,597 13,787 23,324 14,965 28,704 38,485 52,076
Telecommunication 7,988 12,477 21,171 9,870 12,183 26,005 28,550 11,426 13,455 26,953 33,713 41,636 66,738 74,120
Communication/Radar 16,240 18,220 25,176 10,509 22,966 25,664 27,155 15,087 24,893 27,543 35,062 59,636 75,785 87,498
Control and Instrumentation 3,318 12,007 6,400 4,299 4,392 17,060 9,725 4,817 5,306 18,424 7,703 21,724 31,176 31,433
Medical/Industrial Instrumentation 2,179 2,655 3,254 1,387 2,368 2,408 3,071 1,277 2,238 2,765 3,455 8,088 7,847 8,457
Automotive Electronics 220 368 347 280 314 626 469 356 380 717 664 936 1,409 1,762
2. Mineral fuels 43,442 94,004 36,851 88,578 39,945 92,511 34,397 96,083 38,241 94,913 33,527 174,297 166,853 166,680
3. Machinery and mechanical appliances 81,942 28,140 91,397 101,464 96,955 33,740 97,607 116,541 98,926 31,332 95,371 201,479 228,302 225,630
4. Base metals 34,093 70,949 34,686 41,330 40,613 99,997 56,001 45,700 36,743 67,199 43,305 139,728 196,611 147,247
5. Transport equipment 176,367 175,021 105,283 112,500 172,922 210,280 153,708 111,801 202,643 161,831 123,357 456,671 536,909 487,831
6. Textile yarns 40,121 12,496 14,270 27,937 47,445 18,175 17,722 25,783 46,773 17,289 17,205 66,888 83,343 81,266
7. Electrical machinery 45,175 40,235 51,670 40,935 48,189 47,469 59,649 44,821 57,286 45,426 61,692 137,079 155,307 164,405
8. Artificial resins 31,623 23,635 27,624 30,111 32,421 29,467 33,621 35,121 34,813 23,734 31,736 82,882 95,510 90,283
9. Chemical products 12,318 19,662 21,252 20,349 15,601 22,465 21,923 19,148 14,797 19,817 19,179 53,233 59,989 53,794
10. Cereals 15,475 15,704 31,904 33,851 16,581 21,489 55,423 63,199 27,187 25,754 45,753 63,084 93,493 98,694
11. Dairy Products 6,038 5,073 6,127 4,891 6,056 5,993 6,113 5,845 7,942 6,140 5,693 17,238 18,162 19,776
12. Medical and Pharmaceutical products 18,483 28,464 27,541 23,013 17,073 28,261 28,789 24,826 19,907 30,029 27,006 74,489 74,123 76,942
13. Paper products 14,032 22,619 12,021 11,314 17,527 27,248 15,533 10,902 17,895 23,458 14,431 48,672 60,308 55,784
14. Feedstuff 7,832 9,920 13,536 7,700 8,302 11,666 17,374 9,635 8,324 9,379 14,874 31,288 37,341 32,577
15. Metalliferous ores and metal scrap 4,119 9,705 4,184 4,436 4,155 4,275 2,304 3,965 312 101 118 18,008 10,733 532
B. OTHERS 261,258 209,315 244,862 225,281 282,305 250,049 282,670 259,068 294,644 225,883 288,270 715,435 815,025 808,797
==============================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 42
Unit: In Percent As of November 2019
A. PRINCIPAL IMPORT GOODS 70.2 72.7 66.3 74.5 70.9 73.7 68.1 74.6 70.3 73.0 63.2 69.7 70.9 68.8
1. Electronics 15.0 16.6 16.3 17.7 16.7 17.7 15.7 17.7 17.2 22.5 17.5 15.9 16.7 19.0
Components/Devices (Semiconductors) 7.7 8.0 8.1 9.1 8.7 8.2 7.7 8.5 8.9 10.9 7.9 7.9 8.2 9.2
Electronic Data Processing 3.0 3.7 3.4 3.3 2.9 3.6 3.2 3.5 3.0 4.6 4.1 3.3 3.2 3.9
Office Equipment 0.2 0.1 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2
Consumer Electronics 1.0 1.1 1.2 1.2 1.0 1.3 1.2 1.4 1.4 1.9 1.5 1.1 1.2 1.6
Telecommunication 1.1 1.3 1.3 1.3 1.5 1.9 1.3 1.2 1.5 2.1 1.6 1.2 1.6 1.7
Communication/Radar 1.3 1.5 1.3 1.6 1.5 1.6 1.1 1.9 1.5 1.7 1.4 1.3 1.4 1.5
Control and Instrumentation 0.5 0.6 0.6 0.7 0.6 0.7 0.7 0.7 0.6 0.8 0.6 0.6 0.7 0.7
Medical/Industrial Instrumentation 0.2 0.3 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2
Automotive Electronics 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.0 0.0 0.1
2. Mineral fuels 11.8 10.9 10.6 12.4 12.0 12.6 11.9 13.5 10.5 12.8 10.7 11.1 12.2 11.3
3. Machinery and mechanical appliances 7.7 7.9 7.5 7.9 8.1 7.4 6.3 7.8 7.7 7.2 6.4 7.7 7.3 7.1
4. Base metals 5.2 7.0 4.7 5.9 5.6 8.2 6.4 6.0 4.7 6.2 4.9 5.6 6.8 5.2
5. Transport equipment 15.0 12.2 10.1 12.1 13.1 11.5 11.7 10.4 14.4 9.4 9.6 12.4 12.1 11.2
6. Textile yarns 1.3 1.3 1.1 1.4 1.3 1.4 1.2 1.1 1.2 1.4 1.1 1.2 1.3 1.2
7. Electrical machinery 2.9 2.8 2.5 2.8 2.8 2.6 2.4 2.7 3.1 2.5 2.5 2.7 2.6 2.7
8. Artificial resins 2.4 2.4 2.3 2.4 2.3 2.5 2.3 2.6 2.3 2.2 2.2 2.4 2.4 2.2
9. Chemical products 1.4 2.0 2.1 2.2 1.7 1.9 1.8 1.9 1.5 1.7 1.6 1.9 1.8 1.6
10. Cereals 1.9 1.8 1.8 2.3 1.9 1.9 2.6 3.9 2.7 2.3 2.2 1.8 2.2 2.4
11. Dairy Products 1.0 1.0 1.1 1.0 0.9 0.9 0.8 1.0 1.1 1.0 0.8 1.0 0.9 1.0
12. Medical and Pharmaceutical products 1.8 1.5 1.8 2.1 1.5 1.2 1.5 2.0 1.6 1.4 1.5 1.7 1.4 1.5
13. Paper products 1.0 1.3 1.1 1.3 1.2 1.3 1.2 1.1 1.1 1.2 1.1 1.2 1.2 1.1
14. Feedstuff 1.2 1.4 1.3 1.5 1.1 1.4 1.3 1.7 1.0 1.2 1.2 1.3 1.3 1.2
15. Metalliferous ores and metal scrap 0.6 2.5 2.2 1.6 0.6 0.9 1.0 1.2 0.0 0.0 0.1 1.8 0.8 0.0
B. OTHERS 29.8 27.3 33.7 25.5 29.1 26.3 31.9 25.4 29.7 27.0 36.8 30.3 29.1 31.2
==============================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 43
Unit: In Percent As of November 2019
1. Electronics 31.5 32.8 42.4 28.5 34.6 35.5 42.0 28.5 35.7 43.9 46.0 35.8 37.6 42.0
Components/Devices (Semiconductors) 21.7 17.1 26.4 17.9 24.1 17.6 26.0 16.9 24.6 22.5 26.2 21.9 22.6 24.5
Electronic Data Processing 6.4 10.4 10.6 7.5 6.3 11.1 10.5 8.1 6.7 13.8 13.4 9.2 9.4 11.4
Office Equipment 0.1 0.3 0.1 0.1 0.2 0.5 0.1 0.1 0.1 0.4 0.1 0.2 0.3 0.2
Consumer Electronics 0.7 1.0 0.8 0.6 0.7 1.2 0.8 0.7 1.0 1.7 1.0 0.8 0.9 1.2
Telecommunication 0.7 1.1 1.7 0.9 0.9 1.9 1.9 0.9 1.0 1.9 2.2 1.2 1.6 1.7
Communication/Radar 1.4 1.6 2.0 1.0 1.8 1.8 1.8 1.2 1.8 2.0 2.3 1.7 1.8 2.0
Control and Instrumentation 0.3 1.1 0.5 0.4 0.3 1.2 0.6 0.4 0.4 1.3 0.5 0.6 0.7 0.7
Medical/Industrial Instrumentation 0.2 0.2 0.3 0.1 0.2 0.2 0.2 0.1 0.2 0.2 0.2 0.2 0.2 0.2
Automotive Electronics 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.0 0.0 0.0 0.0
2. Mineral fuels 3.8 8.3 2.9 8.2 3.1 6.6 2.3 7.9 2.7 6.8 2.2 4.9 4.0 3.9
3. Machinery and mechanical appliances 7.1 2.5 7.3 9.4 7.5 2.4 6.4 9.5 7.0 2.2 6.3 5.7 5.4 5.2
4. Base metals 2.9 6.2 2.8 3.8 3.1 7.1 3.7 3.7 2.6 4.8 2.8 3.9 4.7 3.4
5. Transport equipment 15.2 15.4 8.4 10.4 13.4 15.0 10.1 9.2 14.4 11.6 8.1 12.9 12.7 11.3
6. Textile yarns 3.5 1.1 1.1 2.6 3.7 1.3 1.2 2.1 3.3 1.2 1.1 1.9 2.0 1.9
7. Electrical machinery 3.9 3.5 4.1 3.8 3.7 3.4 3.9 3.7 4.1 3.3 4.1 3.9 3.7 3.8
8. Artificial resins 2.7 2.1 2.2 2.8 2.5 2.1 2.2 2.9 2.5 1.7 2.1 2.3 2.3 2.1
9. Chemical products 1.1 1.7 1.7 1.9 1.2 1.6 1.4 1.6 1.0 1.4 1.3 1.5 1.4 1.2
10. Cereals 1.3 1.4 2.5 3.1 1.3 1.5 3.6 5.2 1.9 1.8 3.0 1.8 2.2 2.3
11. Dairy Products 0.5 0.4 0.5 0.5 0.5 0.4 0.4 0.5 0.6 0.4 0.4 0.5 0.4 0.5
12. Medical and Pharmaceutical products 1.6 2.5 2.2 2.1 1.3 2.0 1.9 2.0 1.4 2.2 1.8 2.1 1.8 1.8
13. Paper products 1.2 2.0 1.0 1.0 1.4 1.9 1.0 0.9 1.3 1.7 0.9 1.4 1.4 1.3
14. Feedstuff 0.7 0.9 1.1 0.7 0.6 0.8 1.1 0.8 0.6 0.7 1.0 0.9 0.9 0.8
15. Metalliferous ores and metal scrap 0.4 0.9 0.3 0.4 0.3 0.3 0.2 0.3 0.0 0.0 0.0 0.5 0.3 0.0
B. OTHERS 22.6 18.4 19.5 20.8 21.8 17.9 18.6 21.2 20.9 16.2 19.0 20.2 19.3 18.7
==============================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 44
Unit: In Percent As of November 2019
A. PRINCIPAL IMPORT GOODS 14.3 31.2 31.1 17.8 9.0 -3.5 -8.8 25.4 -1.4
1. Electronics 26.4 37.9 22.6 17.6 13.3 24.1 9.6 28.9 15.9
Components/Devices (Semiconductors) 28.2 31.3 22.4 10.2 11.6 30.1 -0.1 27.2 13.9
Electronic Data Processing 9.2 25.8 20.7 24.8 13.7 26.6 26.0 19.0 22.7
Office Equipment 16.4 114.9 27.9 12.8 -14.8 -7.9 -5.0 46.2 -9.0
Consumer Electronics 20.0 54.1 28.6 38.5 46.7 40.0 21.8 34.2 35.4
Telecommunication 50.7 100.3 30.0 11.6 8.6 5.5 17.3 59.3 9.9
Communication/Radar 39.7 35.4 3.9 38.4 6.5 9.3 28.3 26.4 13.4
Control and Instrumentation 35.8 45.5 55.6 14.6 23.2 9.8 -17.4 46.4 2.8
Medical/Industrial Instrumentation 11.0 -7.1 -2.4 -4.8 -5.3 14.2 12.8 -0.2 7.4
Automotive Electronics 43.1 71.5 36.1 27.8 21.8 15.1 42.0 49.5 26.1
2. Mineral fuels 14.6 49.4 43.6 28.1 -3.6 -0.8 -11.2 34.9 -5.2
3. Machinery and mechanical appliances 19.7 21.7 8.1 17.1 4.6 -5.5 -0.7 16.5 -0.5
4. Base metals 23.5 51.4 74.4 19.3 -8.4 -27.3 -25.5 49.2 -21.8
5. Transport equipment -1.3 22.3 48.7 1.2 21.1 -20.9 -19.2 19.9 -6.1
6. Textile yarns 18.9 46.4 30.5 -1.7 2.5 -6.6 -5.4 31.6 -3.3
7. Electrical machinery 8.8 21.3 18.2 11.9 19.6 -4.4 3.5 15.8 6.4
8. Artificial resins 9.6 35.0 31.7 26.0 7.9 -15.6 -9.0 25.1 -6.2
9. Chemical products 33.7 22.8 10.8 1.1 -4.8 -13.6 -15.7 21.1 -11.7
10. Cereals 10.0 42.6 85.2 95.6 59.7 17.6 -18.2 45.1 13.8
11. Dairy Products 2.9 20.6 2.4 23.0 34.5 5.2 -4.3 8.1 11.6
12. Medical and Pharmaceutical products -1.6 3.5 6.5 9.8 17.0 7.1 -3.7 2.7 6.5
13. Paper products 26.6 28.7 35.6 1.4 4.8 -12.5 -8.8 30.4 -6.1
14. Feedstuff 9.1 31.0 37.0 33.5 2.0 -16.7 -11.3 26.2 -9.7
15. Metalliferous ores and metal scrap 1.8 -54.6 -42.3 -6.4 -91.8 -97.4 -94.5 -42.4 -95.0
B. OTHERS 10.8 24.5 20.8 17.1 11.9 -0.1 13.4 18.5 8.9
==============================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 45
Unit: In Percent As of November 2019
TOTAL IMPORTS OF GOODS 11.9 23.0 21.2 12.8 9.0 -0.3 -0.1 18.8 2.6
A. PRINCIPAL IMPORT GOODS 13.0 23.8 22.6 12.3 10.3 1.8 -0.6 20.0 3.4
1. Electronics 22.9 33.1 20.1 13.0 12.5 23.6 9.3 24.7 14.7
Components/Devices (Semiconductors) 24.6 26.6 19.4 6.5 11.2 27.8 0.5 22.9 11.1
Electronic Data Processing 10.6 30.9 20.4 22.9 15.8 24.3 26.8 22.0 23.6
Office Equipment 14.3 111.2 25.8 11.0 -14.0 -7.1 -0.6 63.0 -7.0
Consumer Electronics 17.3 51.9 27.8 37.6 46.2 39.5 21.3 34.1 35.3
Telecommunication 52.5 108.4 34.9 15.8 10.4 3.6 18.1 60.3 11.1
Communication/Radar 41.4 40.9 7.9 43.6 8.4 7.3 29.1 27.1 15.5
Control and Instrumentation 32.4 42.1 51.9 12.1 20.8 8.0 -20.8 43.5 0.8
Medical/Industrial Instrumentation 8.6 -9.3 -5.6 -8.0 -5.5 14.8 12.5 -3.0 7.8
Automotive Electronics 42.2 70.1 35.2 26.9 21.3 14.5 41.6 50.6 25.0
2. Mineral fuels -8.0 -1.6 -6.7 8.5 -4.3 2.6 -2.5 -4.3 -0.1
3. Machinery and mechanical appliances 18.3 19.9 6.8 14.9 2.0 -7.1 -2.3 13.3 -1.2
4. Base metals 19.1 40.9 61.5 10.6 -9.5 -32.8 -22.7 40.7 -25.1
5. Transport equipment -2.0 20.1 46.0 -0.6 17.2 -23.0 -19.7 17.6 -9.1
6. Textile yarns 18.3 45.4 24.2 -7.7 -1.4 -4.9 -2.9 24.6 -2.5
7. Electrical machinery 6.7 18.0 15.4 9.5 18.9 -4.3 3.4 13.3 5.9
8. Artificial resins 2.5 24.7 21.7 16.6 7.4 -19.5 -5.6 15.2 -5.5
9. Chemical products 26.7 14.3 3.2 -5.9 -5.2 -11.8 -12.5 12.7 -10.3
10. Cereals 7.1 36.8 73.7 86.7 64.0 19.8 -17.4 48.2 5.6
11. Dairy Products 0.3 18.1 -0.2 19.5 31.1 2.5 -6.9 5.4 8.9
12. Medical and Pharmaceutical products -7.6 -0.7 4.5 7.9 16.6 6.3 -6.2 -0.5 3.8
13. Paper products 24.9 20.5 29.2 -3.6 2.1 -13.9 -7.1 23.9 -7.5
14. Feedstuff 6.0 17.6 28.3 25.1 0.3 -19.6 -14.4 19.3 -12.8
15. Metalliferous ores and metal scrap 0.9 -56.0 -44.9 -10.6 -92.5 -97.6 -94.9 -40.4 -95.0
B. OTHERS 8.1 19.5 15.4 15.0 4.4 -9.7 2.0 13.9 -0.8
==============================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 46
Base Year: 2000 As of November 2019
TOTAL IMPORTS OF GOODS 116.3 110.1 106.5 115.6 117.8 115.8 112.1 120.5 118.7 113.1 110.3 110.8 115.1 114.0
A. PRINCIPAL IMPORT GOODS 105.5 98.0 87.7 108.8 106.7 103.9 93.8 114.1 105.5 98.6 86.1 96.7 101.1 96.4
1. Electronics 55.2 55.8 40.9 71.7 56.8 57.8 41.8 74.6 57.2 58.0 41.9 49.4 51.0 51.6
Components/Devices (Semiconductors) 41.4 51.8 32.6 58.6 42.6 53.8 33.4 60.6 42.8 54.7 33.2 40.2 41.7 42.7
Electronic Data Processing 54.3 38.6 34.0 51.4 53.6 37.1 34.1 52.3 52.6 37.8 33.8 40.3 39.3 39.0
Office Equipment 151.8 58.8 147.2 252.0 154.5 59.8 149.6 256.1 153.1 59.3 143.0 106.9 95.8 93.8
Consumer Electronics 163.3 124.3 161.5 238.0 167.0 126.2 162.6 239.5 167.5 126.6 163.2 147.7 147.9 148.0
Telecommunication 190.8 125.6 82.5 163.1 188.5 120.7 79.5 157.2 185.3 122.9 79.0 116.2 115.4 114.2
Communication/Radar 103.7 102.3 68.8 194.2 102.5 98.3 66.3 187.3 100.7 100.1 65.9 88.5 88.1 86.6
Control and Instrumentation 187.1 66.0 124.7 203.6 192.0 67.6 127.7 208.3 195.8 68.7 133.1 101.8 103.9 106.0
Medical/Industrial Instrumentation 125.0 124.8 100.2 214.5 127.6 127.8 103.7 221.7 127.9 127.1 103.9 114.9 118.3 117.9
Automotive Electronics 201.7 119.5 146.6 202.5 202.8 120.5 147.6 204.0 203.8 121.1 148.0 148.9 147.9 149.1
2. Mineral fuels 366.3 145.5 383.3 174.5 456.4 220.9 589.7 206.2 459.4 213.6 537.5 250.8 353.3 335.1
3. Machinery and mechanical appliances 126.3 350.4 109.5 97.0 127.9 355.7 110.8 98.9 131.0 362.0 112.6 150.0 154.2 155.3
4. Base metals 203.9 124.4 181.2 178.9 211.5 133.6 195.7 193.0 214.0 144.6 188.4 157.9 167.4 174.8
5. Transport equipment 114.3 87.4 127.7 134.0 115.2 88.9 130.1 136.5 119.0 91.4 130.9 107.1 109.2 112.9
6. Textile yarns 42.4 125.7 107.6 61.0 42.6 126.5 113.1 65.0 44.3 124.2 110.2 71.9 75.9 75.3
7. Electrical machinery 87.1 86.0 65.8 86.8 88.8 88.4 67.4 88.7 89.4 88.4 67.4 78.8 80.5 80.9
8. Artificial resins 102.6 129.0 109.0 100.8 109.7 139.7 118.0 108.9 110.3 146.5 113.7 112.3 121.9 121.0
9. Chemical products 157.8 129.5 132.5 137.5 166.6 139.2 142.3 147.8 167.1 136.4 137.2 137.3 147.4 145.1
10. Cereals 167.4 140.6 75.2 86.4 171.9 146.6 80.1 90.5 167.4 143.8 79.4 114.1 111.7 120.4
11. Dairy Products 229.1 240.6 230.7 243.3 235.1 245.6 236.7 250.5 241.2 252.0 243.2 233.0 239.1 245.2
12. Medical and Pharmaceutical products 128.5 68.1 86.2 114.3 136.9 70.9 87.8 116.4 137.4 71.5 90.2 89.8 92.7 95.1
13. Paper products 99.3 72.8 126.1 143.2 100.7 77.7 132.4 150.7 103.4 79.0 129.9 93.6 98.5 100.0
14. Feedstuff 198.5 180.0 123.8 244.6 204.4 200.5 132.1 261.0 208.0 207.7 136.9 160.3 169.6 175.5
15. Metalliferous ores and metal scrap 211.9 323.6 695.1 442.8 213.7 333.2 728.0 463.7 232.8 361.0 777.9 384.4 371.7 378.5
B. OTHERS 153.4 163.5 183.8 141.6 157.3 170.3 192.4 144.1 168.6 188.4 213.9 166.7 173.5 190.3
==============================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 47
Unit: In million pesos As of November 2019
IMPORTS OF SERVICES 308,159 285,442 308,186 373,345 337,886 318,145 336,313 418,055 363,563 325,112 342,390 901,787 992,343 1,031,065
1. Transportation 50,095 58,868 61,125 64,600 52,174 64,597 70,742 83,164 55,420 57,987 57,607 170,088 187,512 171,014
2. Insurance 7,131 10,130 6,210 4,167 7,086 11,472 7,364 4,259 7,628 10,731 7,216 23,470 25,922 25,575
3. Travel 156,616 108,509 144,891 179,553 161,086 120,097 155,922 202,172 171,661 124,770 166,862 410,016 437,106 463,293
4. Government 3,717 3,699 3,694 3,689 6,847 6,824 6,809 6,793 7,018 6,772 6,911 11,110 20,480 20,701
5. Miscellaneous services 90,600 104,236 92,266 121,336 110,692 115,155 95,476 121,667 121,836 124,852 103,794 287,102 321,323 350,483
==============================================================================================================================================
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
IMPORTS OF SERVICES 260,512 213,555 245,016 306,000 283,994 235,706 264,828 339,103 303,322 238,361 266,565 719,082 784,528 808,248
1. Transportation 43,825 45,892 49,938 53,719 45,261 49,858 57,222 68,469 47,570 44,313 46,133 139,656 152,342 138,016
2. Insurance 8,090 7,595 5,121 3,503 7,960 8,516 6,012 3,545 8,483 7,887 5,833 20,806 22,488 22,203
3. Travel 105,670 75,772 111,087 144,117 107,608 83,033 118,360 160,663 113,536 85,408 125,409 292,529 309,001 324,353
4. Government 3,623 2,870 2,999 3,052 6,607 5,242 5,472 5,563 6,705 5,151 5,499 9,492 17,322 17,355
5. Miscellaneous services 99,304 81,425 75,871 101,609 116,557 89,057 77,762 100,862 127,027 95,603 83,691 256,600 283,376 306,321
==============================================================================================================================================
IMPORTS OF SERVICES 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0
1. Transportation 16.3 20.6 19.8 17.3 15.4 20.3 21.0 19.9 15.2 17.8 16.8 18.9 18.9 16.6
2. Insurance 2.3 3.5 2.0 1.1 2.1 3.6 2.2 1.0 2.1 3.3 2.1 2.6 2.6 2.5
3. Travel 50.8 38.0 47.0 48.1 47.7 37.7 46.4 48.4 47.2 38.4 48.7 45.5 44.0 44.9
4. Government 1.2 1.3 1.2 1.0 2.0 2.1 2.0 1.6 1.9 2.1 2.0 1.2 2.1 2.0
5. Miscellaneous services 29.4 36.5 29.9 32.5 32.8 36.2 28.4 29.1 33.5 38.4 30.3 31.8 32.4 34.0
==============================================================================================================================================
IMPORTS OF SERVICES 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0
1. Transportation 16.8 21.5 20.4 17.6 15.9 21.2 21.6 20.2 15.7 18.6 17.3 19.4 19.4 17.1
2. Insurance 3.1 3.6 2.1 1.1 2.8 3.6 2.3 1.0 2.8 3.3 2.2 2.9 2.9 2.7
3. Travel 40.6 35.5 45.3 47.1 37.9 35.2 44.7 47.4 37.4 35.8 47.0 40.7 39.4 40.1
4. Government 1.4 1.3 1.2 1.0 2.3 2.2 2.1 1.6 2.2 2.2 2.1 1.3 2.2 2.1
5. Miscellaneous services 38.1 38.1 31.0 33.2 41.0 37.8 29.4 29.7 41.9 40.1 31.4 35.7 36.1 37.9
==============================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 49
Unit: In Percent As of November 2019
1. Transportation 4.2 9.7 15.7 28.7 6.2 -10.2 -18.6 10.2 -8.8
2. Insurance -0.6 13.2 18.6 2.2 7.6 -6.5 -2.0 10.4 -1.3
3. Travel 2.9 10.7 7.6 12.6 6.6 3.9 7.0 6.6 6.0
4. Government 84.2 84.5 84.3 84.1 2.5 -0.8 1.5 84.3 1.1
5. Miscellaneous services 22.2 10.5 3.5 0.3 10.1 8.4 8.7 11.9 9.1
==============================================================================================================================================
1. Transportation 3.3 8.6 14.6 27.5 5.1 -11.1 -19.4 9.1 -9.4
2. Insurance -1.6 12.1 17.4 1.2 6.6 -7.4 -3.0 8.1 -1.3
3. Travel 1.8 9.6 6.5 11.5 5.5 2.9 6.0 5.6 5.0
4. Government 82.4 82.6 82.5 82.3 1.5 -1.7 0.5 82.5 0.2
5. Miscellaneous services 17.4 9.4 2.5 -0.7 9.0 7.4 7.6 10.4 8.1
==============================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 50
Base Year: 2000 As of November 2019
IMPORTS OF SERVICES 118.3 133.7 125.8 122.0 119.0 135.0 127.0 123.3 119.9 136.4 128.4 125.4 126.5 127.6
1. Transportation 114.3 128.3 122.4 120.3 115.3 129.6 123.6 121.5 116.5 130.9 124.9 121.8 123.1 123.9
2. Insurance 88.1 133.4 121.3 118.9 89.0 134.7 122.5 120.1 89.9 136.1 123.7 112.8 115.3 115.2
3. Travel 148.2 143.2 130.4 124.6 149.7 144.6 131.7 125.8 151.2 146.1 133.1 140.2 141.5 142.8
4. Government 102.6 128.9 123.2 120.9 103.6 130.2 124.4 122.1 104.7 131.5 125.7 117.1 118.2 119.3
5. Miscellaneous services 91.2 128.0 121.6 119.4 95.0 129.3 122.8 120.6 95.9 130.6 124.0 111.9 113.4 114.4
==============================================================================================================================================
TABLE 26A. GROSS VALUE ADDED IN AGRICULTURE, HUNTING, FORESTRY AND FISHING BY INDUSTRY GROUP
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CURRENT PRICES
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
INDUSTRY/INDUSTRY GROUP Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. AGRICULTURE, HUNTING AND FORESTRY 317,522 304,531 293,838 414,482 347,878 321,243 306,049 427,870 330,817 302,053 292,826 915,892 975,170 925,696
a. AGRICULTURE 316,898 303,706 293,083 414,264 347,282 320,401 305,137 427,570 330,243 301,311 291,877 913,687 972,820 923,430
Palay 75,855 73,465 57,399 128,560 87,515 80,247 63,749 137,762 77,614 62,794 44,977 206,719 231,511 185,384
Corn 24,369 13,951 24,201 19,803 30,978 16,741 24,561 22,716 30,339 14,828 28,105 62,521 72,280 73,273
Coconut including copra 25,406 19,552 39,023 20,572 23,007 15,464 28,561 13,589 15,338 11,797 22,984 83,981 67,032 50,120
Sugarcane 15,511 6,018 618 7,588 11,217 5,767 1,020 9,278 15,328 3,833 259 22,146 18,004 19,421
Banana 27,382 30,745 30,776 31,522 30,070 33,213 32,730 33,449 32,148 37,455 38,492 88,903 96,013 108,095
Mango 4,398 20,116 2,420 8,827 5,558 17,523 2,223 7,304 4,507 15,532 2,361 26,935 25,304 22,400
Pineapple 4,595 3,582 5,412 9,951 4,758 3,766 6,111 11,329 5,626 3,858 6,611 13,589 14,635 16,095
Coffee 1,912 589 524 2,500 1,676 619 492 2,533 1,523 544 473 3,025 2,787 2,540
Cassava 2,973 3,771 5,156 10,604 2,735 4,131 5,201 8,133 3,289 4,791 6,989 11,900 12,067 15,069
Rubber 1,633 2,880 2,537 3,525 1,151 2,773 2,544 2,941 979 3,177 2,565 7,051 6,467 6,721
Other crops 20,545 13,277 24,655 27,935 23,074 15,766 26,070 29,307 19,977 16,660 24,134 58,477 64,910 60,771
Livestock 47,288 51,823 49,437 59,561 54,609 57,116 53,915 63,924 54,547 55,962 50,486 148,548 165,640 160,995
Poultry 41,828 32,973 29,419 44,816 45,391 34,548 35,062 45,384 43,592 33,784 38,484 104,220 115,001 115,860
Agricultural activities and services 23,202 30,963 21,507 38,499 25,544 32,728 22,897 39,920 25,437 36,294 24,956 75,672 81,169 86,686
b. FORESTRY 625 825 755 218 596 842 912 300 574 742 949 2,204 2,349 2,265
2. FISHING 46,601 44,992 53,371 52,233 48,826 48,050 60,180 57,812 52,601 52,964 60,148 144,964 157,057 165,712
====================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 52
Unit: In million pesos As of November 2019
TABLE 26B. GROSS VALUE ADDED IN AGRICULTURE, HUNTING, FORESTRY AND FISHING BY INDUSTRY GROUP
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CONSTANT 2000 PRICES
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
INDUSTRY/INDUSTRY GROUP Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. AGRICULTURE, HUNTING AND FORESTRY 154,566 147,289 134,950 180,158 157,622 147,785 135,181 183,176 158,623 148,322 139,956 436,805 440,589 446,902
a. AGRICULTURE 153,590 146,066 133,922 179,837 156,686 146,372 133,769 182,717 157,598 146,888 138,301 433,579 436,827 442,788
Palay 34,757 32,633 26,708 56,303 36,359 32,250 25,260 55,062 34,738 30,463 24,187 94,097 93,869 89,388
Corn 12,942 7,244 14,222 8,562 13,545 7,015 12,173 9,488 13,264 6,427 15,105 34,407 32,734 34,796
Coconut including copra 8,495 4,409 7,007 6,935 9,136 4,595 7,370 7,171 9,157 4,578 7,402 19,911 21,101 21,136
Sugarcane 8,515 5,977 279 4,047 6,950 4,426 363 3,957 7,962 2,843 145 14,771 11,738 10,950
Banana 7,772 8,417 8,818 8,516 7,933 8,727 8,989 8,576 7,831 8,372 8,850 25,006 25,648 25,054
Mango 2,254 10,087 886 544 2,043 9,833 926 546 1,989 10,440 936 13,227 12,802 13,365
Pineapple 4,435 3,656 3,619 5,419 4,494 3,777 3,734 5,481 4,496 3,806 3,773 11,711 12,005 12,076
Coffee 909 240 224 888 829 230 225 895 773 216 224 1,373 1,285 1,213
Cassava 2,201 3,120 2,411 2,846 2,031 3,097 2,337 2,806 1,917 2,874 2,305 7,732 7,465 7,096
Rubber 300 960 770 1,089 313 988 825 1,125 303 1,037 796 2,030 2,125 2,136
Other crops 11,444 9,876 8,042 11,911 11,389 9,893 8,156 12,103 11,566 11,076 8,319 29,362 29,438 30,961
Livestock 25,491 25,747 24,589 29,470 25,999 26,216 25,101 29,963 26,331 27,066 25,520 75,828 77,315 78,917
Poultry 22,250 19,096 19,734 26,126 23,413 20,080 20,796 27,968 24,662 20,912 22,544 61,080 64,289 68,119
Agricultural activities and services 11,824 14,605 16,616 17,182 12,252 15,244 17,516 17,575 12,608 16,778 18,195 43,045 45,013 47,581
b. FORESTRY 976 1,223 1,028 321 937 1,413 1,411 459 1,025 1,434 1,655 3,226 3,762 4,114
2. FISHING 27,569 26,636 29,541 38,487 26,578 26,742 29,264 39,431 26,948 27,640 29,550 83,745 82,584 84,138
====================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 53
Unit: In Percent As of November 2019
TABLE 27A. GROSS VALUE ADDED IN AGRICULTURE, HUNTING, FORESTRY AND FISHING BY INDUSTRY GROUP
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CURRENT PRICES
Growth Rates
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17-18 18-19 FIRST TO THIRD QUARTER
INDUSTRY/INDUSTRY GROUP Q1 Q2 Q3 Q4 Q1 Q2 Q3 17-18 18-19
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. AGRICULTURE, HUNTING AND FORESTRY 9.6 5.5 4.2 3.2 -4.9 -6.0 -4.3 6.5 -5.1
a. AGRICULTURE 9.6 5.5 4.1 3.2 -4.9 -6.0 -4.3 6.5 -5.1
Palay 15.4 9.2 11.1 7.2 -11.3 -21.7 -29.4 12.0 -19.9
Corn 27.1 20.0 1.5 14.7 -2.1 -11.4 14.4 15.6 1.4
Coconut including copra -9.4 -20.9 -26.8 -33.9 -33.3 -23.7 -19.5 -20.2 -25.2
Sugarcane -27.7 -4.2 65.0 22.3 36.7 -33.5 -74.6 -18.7 7.9
Banana 9.8 8.0 6.3 6.1 6.9 12.8 17.6 8.0 12.6
Mango 26.4 -12.9 -8.2 -17.2 -18.9 -11.4 6.2 -6.1 -11.5
Pineapple 3.6 5.1 12.9 13.8 18.2 2.4 8.2 7.7 10.0
Coffee -12.4 5.0 -6.1 1.3 -9.1 -12.0 -3.9 -7.9 -8.9
Cassava -8.0 9.5 0.9 -23.3 20.3 16.0 34.4 1.4 24.9
Rubber -29.5 -3.7 0.2 -16.6 -15.0 14.6 0.8 -8.3 3.9
Other crops 12.3 18.7 5.7 4.9 -13.4 5.7 -7.4 11.0 -6.4
Livestock 15.5 10.2 9.1 7.3 -0.1 -2.0 -6.4 11.5 -2.8
Poultry 8.5 4.8 19.2 1.3 -4.0 -2.2 9.8 10.3 0.7
Agricultural activities and services 10.1 5.7 6.5 3.7 -0.4 10.9 9.0 7.3 6.8
b. FORESTRY -4.6 2.1 20.7 38.0 -3.6 -11.9 4.1 6.6 -3.6
2. FISHING 4.8 6.8 12.8 10.7 7.7 10.2 -0.1 8.3 5.5
====================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 54
Unit: In Percent As of November 2019
TABLE 27B. GROSS VALUE ADDED IN AGRICULTURE, HUNTING, FORESTRY AND FISHING BY INDUSTRY GROUP
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CONSTANT 2000 PRICES
Growth Rates
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17-18 18-19 FIRST TO THIRD QUARTER
INDUSTRY/INDUSTRY GROUP Q1 Q2 Q3 Q4 Q1 Q2 Q3 17-18 18-19
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. AGRICULTURE, HUNTING AND FORESTRY 2.0 0.3 0.2 1.7 0.6 0.4 3.5 0.9 1.4
a. AGRICULTURE 2.0 0.2 -0.1 1.6 0.6 0.4 3.4 0.7 1.4
Palay 4.6 -1.2 -5.4 -2.2 -4.5 -5.5 -4.2 -0.2 -4.8
Corn 4.7 -3.2 -14.4 10.8 -2.1 -8.4 24.1 -4.9 6.3
Coconut including copra 7.5 4.2 5.2 3.4 0.2 -0.4 0.4 6.0 0.2
Sugarcane -18.4 -25.9 30.0 -2.2 14.6 -35.8 -60.0 -20.5 -6.7
Banana 2.1 3.7 1.9 0.7 -1.3 -4.1 -1.5 2.6 -2.3
Mango -9.4 -2.5 4.5 0.5 -2.6 6.2 1.1 -3.2 4.4
Pineapple 1.3 3.3 3.2 1.1 0.1 0.8 1.1 2.5 0.6
Coffee -8.8 -4.2 0.6 0.8 -6.9 -6.3 -0.4 -6.4 -5.6
Cassava -7.8 -0.7 -3.1 -1.4 -5.6 -7.2 -1.4 -3.5 -4.9
Rubber 4.4 2.9 7.1 3.2 -3.2 5.0 -3.4 4.7 0.5
Other crops -0.5 0.2 1.4 1.6 1.5 12.0 2.0 0.3 5.2
Livestock 2.0 1.8 2.1 1.7 1.3 3.2 1.7 2.0 2.1
Poultry 5.2 5.2 5.4 7.1 5.3 4.1 8.4 5.3 6.0
Agricultural activities and services 3.6 4.4 5.4 2.3 2.9 10.1 3.9 4.6 5.7
b. FORESTRY -4.0 15.6 37.3 43.2 9.4 1.5 17.3 16.6 9.4
2. FISHING -3.6 0.4 -0.9 2.5 1.4 3.4 1.0 -1.4 1.9
====================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 55
Base Year: 2000 As of November 2019
TABLE 28. GROSS VALUE ADDED IN AGRICULTURE, HUNTING, FORESTRY AND FISHING BY INDUSTRY GROUP
1ST QUARTER 2017 TO 3RD QUARTER 2019
Implicit Price Index
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
INDUSTRY/INDUSTRY GROUP Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. AGRICULTURE, HUNTING AND FORESTRY 205.4 206.8 217.7 230.1 220.7 217.4 226.4 233.6 208.6 203.6 209.2 209.7 221.3 207.1
a. AGRICULTURE 206.3 207.9 218.8 230.4 221.6 218.9 228.1 234.0 209.5 205.1 211.0 210.7 222.7 208.5
Palay 218.2 225.1 214.9 228.3 240.7 248.8 252.4 250.2 223.4 206.1 186.0 219.7 246.6 207.4
Corn 188.3 192.6 170.2 231.3 228.7 238.7 201.8 239.4 228.7 230.7 186.1 181.7 220.8 210.6
Coconut including copra 299.1 443.5 556.9 296.6 251.8 336.5 387.5 189.5 167.5 257.7 310.5 421.8 317.7 237.1
Sugarcane 182.2 100.7 221.6 187.5 161.4 130.3 281.2 234.5 192.5 134.8 178.9 149.9 153.4 177.4
Banana 352.3 365.3 349.0 370.2 379.1 380.6 364.1 390.0 410.5 447.4 434.9 355.5 374.3 431.4
Mango 195.1 199.4 273.3 1,623.2 272.1 178.2 240.1 1,336.9 226.6 148.8 252.2 203.6 197.7 167.6
Pineapple 103.6 98.0 149.5 183.6 105.9 99.7 163.7 206.7 125.1 101.4 175.2 116.0 121.9 133.3
Coffee 210.4 245.1 234.2 281.7 202.1 268.6 218.5 283.2 197.1 252.3 210.7 220.3 216.9 209.4
Cassava 135.0 120.9 213.9 372.6 134.7 133.4 222.6 289.8 171.6 166.7 303.2 153.9 161.7 212.4
Rubber 545.2 300.0 329.6 323.6 368.0 280.6 308.5 261.5 323.3 306.3 322.2 347.4 304.3 314.6
Other crops 179.5 134.4 306.6 234.5 202.6 159.4 319.7 242.2 172.7 150.4 290.1 199.2 220.5 196.3
Livestock 185.5 201.3 201.1 202.1 210.0 217.9 214.8 213.3 207.2 206.8 197.8 195.9 214.2 204.0
Poultry 188.0 172.7 149.1 171.5 193.9 172.1 168.6 162.3 176.8 161.5 170.7 170.6 178.9 170.1
Agricultural activities and services 196.2 212.0 129.4 224.1 208.5 214.7 130.7 227.1 201.7 216.3 137.2 175.8 180.3 182.2
b. FORESTRY 64.0 67.4 73.5 67.8 63.6 59.6 64.6 65.4 56.0 51.8 57.3 68.3 62.5 55.1
2. FISHING 169.0 168.9 180.7 135.7 183.7 179.7 205.6 146.6 195.2 191.6 203.5 173.1 190.2 197.0
====================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 56
Unit: In million pesos As of November 2019
TABLE 29A. GROSS VALUE ADDED IN MINING AND QUARRYING BY INDUSTRY GROUP
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CURRENT PRICES
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
INDUSTRY/INDUSTRY GROUP Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. Copper mining 2,242 1,945 2,302 2,880 2,434 2,416 2,382 2,760 2,367 2,256 2,061 6,489 7,232 6,684
2. Gold mining 7,063 6,276 6,006 6,155 6,440 6,835 6,265 5,423 7,086 7,147 6,710 19,345 19,540 20,943
3. Chromium mining 37 3 62 33 50 141 90 93 71 118 32 102 281 221
4. Nickel mining 2,505 5,776 2,992 955 2,995 5,457 4,372 731 3,296 5,973 4,216 11,274 12,823 13,484
5. Other metallic mining 157 131 133 242 129 132 122 225 133 130 151 421 382 414
6. Crude oil, Natural Gas & Condensate 6,586 8,422 7,365 9,651 9,588 9,925 8,249 10,650 9,908 10,564 6,821 22,374 27,761 27,293
7. Stone quarrying, clay and sandpits 6,517 3,633 4,639 8,145 7,248 4,124 5,522 9,418 8,008 4,161 5,676 14,789 16,894 17,845
8. Other non-metallic mining 6,132 8,770 12,275 3,922 7,848 9,972 8,876 5,274 7,107 10,156 7,102 27,177 26,696 24,365
TABLE 29B. GROSS VALUE ADDED IN MINING AND QUARRYING BY INDUSTRY GROUP
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CONSTANT 2000 PRICES
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
INDUSTRY/INDUSTRY GROUP Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. Copper mining 1,874 367 496 395 1,708 376 533 419 1,856 395 486 2,737 2,616 2,737
2. Gold mining 1,716 1,427 1,206 1,413 1,435 1,496 1,326 1,292 1,609 1,561 1,168 4,349 4,257 4,338
3. Chromium mining 30 1 17 20 39 26 16 54 43 20 6 48 81 69
4. Nickel mining 3,424 9,759 5,115 1,199 3,165 8,317 5,946 929 3,728 9,269 4,850 18,299 17,428 17,848
5. Other metallic mining 18 73 49 58 16 76 50 62 18 83 55 140 142 156
6. Crude oil, Natural Gas & Condensate 3,122 10,101 3,122 4,480 4,254 10,273 2,952 4,594 4,437 11,450 2,751 16,345 17,479 18,639
7. Stone quarrying, clay and sandpits 4,281 2,487 2,931 6,134 4,663 2,767 3,412 6,594 4,684 2,629 3,329 9,699 10,843 10,642
8. Other non-metallic mining 5,440 6,070 3,790 4,177 6,102 5,318 2,274 5,379 6,010 7,426 3,061 15,300 13,694 16,497
TABLE 30A. GROSS VALUE ADDED IN MINING AND QUARRYING BY INDUSTRY GROUP
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CURRENT PRICES
Growth Rates
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17-18 18-19 FIRST TO THIRD QUARTER
INDUSTRY/INDUSTRY GROUP Q1 Q2 Q3 Q4 Q1 Q2 Q3 17-18 18-19
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. Copper mining 8.6 24.2 3.5 -4.2 -2.7 -6.6 -13.5 11.4 -7.6
2. Gold mining -8.8 8.9 4.3 -11.9 10.0 4.6 7.1 1.0 7.2
3. Chromium mining 35.4 * 45.2 184.2 41.4 -16.8 -64.2 175.6 -21.5
4. Nickel mining 19.5 -5.5 46.1 -23.4 10.1 9.5 -3.6 13.7 5.2
5. Other metallic mining -18.0 0.6 -8.2 -7.2 3.3 -1.3 23.7 -9.1 8.2
6. Crude oil, Natural Gas & Condensate 45.6 17.8 12.0 10.4 3.3 6.4 -17.3 24.1 -1.7
7. Stone quarrying, clay and sandpits 11.2 13.5 19.0 15.6 10.5 0.9 2.8 14.2 5.6
8. Other non-metallic mining 28.0 13.7 -27.7 34.5 -9.4 1.9 -20.0 -1.8 -8.7
TABLE 30B. GROSS VALUE ADDED IN MINING AND QUARRYING BY INDUSTRY GROUP
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CONSTANT 2000 PRICES
Growth Rates
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17-18 18-19 FIRST TO THIRD QUARTER
INDUSTRY/INDUSTRY GROUP Q1 Q2 Q3 Q4 Q1 Q2 Q3 17-18 18-19
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. Copper mining -8.9 2.3 7.4 6.1 8.7 5.1 -8.8 -4.4 4.6
2. Gold mining -16.4 4.8 9.9 -8.6 12.1 4.3 -11.9 -2.1 1.9
3. Chromium mining 28.5 * -4.8 173.4 11.2 -24.2 -61.2 69.2 -14.6
4. Nickel mining -7.6 -14.8 16.2 -22.5 17.8 11.5 -18.4 -4.8 2.4
5. Other metallic mining -14.3 4.7 3.1 6.3 10.9 9.5 8.8 1.7 9.4
6. Crude oil, Natural Gas & Condensate 36.2 1.7 -5.4 2.5 4.3 11.5 -6.8 6.9 6.6
7. Stone quarrying, clay and sandpits 8.9 11.3 16.4 7.5 0.4 -5.0 -2.4 11.8 -1.9
8. Other non-metallic mining 12.2 -12.4 -40.0 28.8 -1.5 39.6 34.6 -10.5 20.5
GROSS VALUE ADDED IN
MINING AND QUARRYING 7.4 -5.4 -1.3 8.1 4.7 14.6 -4.9 -0.6 6.6
=========================================================================================================================================================
Note: * - more than 1000% growth
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 58
Base Year: 2000 As of November 2019
TABLE 31. GROSS VALUE ADDED IN MINING AND QUARRYING BY INDUSTRY GROUP
1ST QUARTER 2017 TO 3RD QUARTER 2019
Implicit Price Index
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
INDUSTRY/INDUSTRY GROUP Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. Copper mining 119.7 529.9 463.6 728.7 142.5 643.4 446.7 658.3 127.6 571.5 423.8 237.1 276.4 244.2
2. Gold mining 411.6 439.9 498.0 435.5 448.7 457.0 472.5 419.7 440.3 458.0 574.6 444.9 459.0 482.8
3. Chromium mining 123.4 354.0 367.7 167.0 130.0 539.7 560.5 173.7 165.4 592.9 517.1 213.3 347.6 319.6
4. Nickel mining 73.2 59.2 58.5 79.7 94.6 65.6 73.5 78.7 88.4 64.4 86.9 61.6 73.6 75.5
5. Other metallic mining 848.0 180.6 271.1 416.3 811.1 173.5 241.3 363.4 755.4 156.3 274.5 300.3 268.5 265.5
6. Crude oil, Natural Gas & Condensate 211.0 83.4 235.9 215.4 225.4 96.6 279.4 231.8 223.3 92.3 247.9 136.9 158.8 146.4
7. Stone quarrying, clay and sandpits 152.2 146.1 158.3 132.8 155.4 149.0 161.8 142.8 171.0 158.3 170.5 152.5 155.8 167.7
8. Other non-metallic mining 112.7 144.5 323.9 93.9 128.6 187.5 390.3 98.0 118.3 136.8 232.0 177.6 194.9 147.7
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
INDUSTRY/INDUSTRY GROUP Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Food manufactures 382,014 328,393 236,661 498,022 411,065 351,638 242,572 532,997 440,423 364,615 247,438 947,068 1,005,275 1,052,477
Beverage industries 20,283 25,710 41,865 41,702 23,231 30,660 49,487 47,840 25,769 34,458 52,746 87,858 103,378 112,974
Tobacco manufactures 1,516 1,483 3,724 2,238 1,592 1,670 3,827 2,445 1,648 1,612 5,775 6,723 7,090 9,035
Textile manufactures 7,947 12,602 10,408 13,431 7,902 13,124 10,604 14,193 8,626 13,799 10,839 30,958 31,630 33,264
Wearing apparel 16,223 18,719 21,497 14,720 15,613 18,470 20,896 15,154 16,678 19,924 21,256 56,440 54,980 57,858
Footwear and leather and leather products 2,531 1,799 3,073 5,950 2,609 1,709 3,042 5,761 2,673 1,832 3,085 7,403 7,360 7,590
Wood, bamboo, cane and rattan articles 3,702 6,800 3,728 10,511 4,309 7,073 4,089 11,211 4,970 8,047 4,572 14,230 15,472 17,588
Paper and paper products 4,049 4,652 5,772 4,036 4,720 5,130 6,827 4,742 5,130 5,111 6,614 14,473 16,677 16,855
Publishing and printing 8,861 8,038 6,113 15,455 9,611 9,118 5,990 13,646 10,758 10,289 6,452 23,012 24,719 27,499
Petroleum and other fuel products 31,175 29,093 35,094 50,204 37,085 39,909 55,698 69,419 32,878 37,007 36,558 95,361 132,692 106,442
Chemical & chemical products 45,850 64,105 108,731 164,508 45,752 63,244 103,867 152,792 47,715 63,235 106,187 218,686 212,864 217,137
Rubber and plastic products 7,111 9,314 11,717 7,939 7,132 10,125 13,160 9,115 8,041 10,791 13,875 28,142 30,417 32,707
Non-metallic mineral products 11,653 18,387 20,220 23,998 13,620 20,529 22,325 28,974 15,074 21,884 23,570 50,260 56,474 60,528
Basic metal industries 19,625 10,472 23,580 17,323 20,666 10,956 25,303 14,500 23,263 12,101 26,422 53,677 56,925 61,786
Fabricated metal products 4,323 10,903 4,652 10,190 4,235 10,641 5,115 10,841 4,479 10,673 5,232 19,878 19,990 20,384
Machinery and equipment except electrical 10,505 7,396 8,786 8,897 11,820 8,430 9,411 10,029 12,412 8,274 10,368 26,686 29,661 31,053
Office, accounting and computing machinery 4,186 4,775 11,108 5,606 5,534 5,113 13,225 5,882 5,341 5,859 13,003 20,070 23,872 24,203
Electrical machinery and apparatus 10,558 13,026 8,976 10,088 11,616 14,589 10,019 12,252 13,037 16,708 10,973 32,560 36,224 40,718
Radio, television and communication
equipment and apparatus 95,872 76,036 82,004 62,419 116,767 88,608 92,756 70,105 116,827 85,381 82,967 253,912 298,131 285,175
Transport equipment 12,138 9,152 15,653 16,539 11,202 9,090 16,225 17,242 11,940 9,178 14,961 36,942 36,517 36,080
Furniture and fixtures 5,590 4,791 4,896 10,026 5,758 4,814 4,969 10,647 5,930 5,117 5,236 15,277 15,541 16,282
Miscellaneous manufactures 13,365 9,930 8,407 10,252 13,647 10,358 9,170 11,497 14,290 9,692 9,291 31,702 33,174 33,273
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
INDUSTRY/INDUSTRY GROUP Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. PUBLIC 83,396 213,461 98,600 127,609 105,732 272,033 132,075 151,209 100,175 202,491 150,363 395,457 509,839 453,029
2. PRIVATE 330,126 325,709 381,065 378,977 370,846 365,531 450,400 478,516 428,085 464,512 553,979 1,036,900 1,186,777 1,446,577
GROSS VALUE IN CONSTRUCTION 413,522 539,170 479,665 506,587 476,577 637,564 582,475 629,725 528,261 667,003 704,342 1,432,357 1,696,616 1,899,605
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
====================================================================================================================================================
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
INDUSTRY/INDUSTRY GROUP Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. PUBLIC 32,375 86,666 40,105 53,902 39,683 104,815 50,215 60,278 36,267 76,308 55,742 159,146 194,713 168,316
2. PRIVATE 140,726 143,335 165,719 176,406 152,150 152,633 182,976 210,469 167,779 188,364 217,890 449,780 487,759 574,033
GROSS VALUE IN CONSTRUCTION 173,101 230,001 205,824 230,308 191,833 257,449 233,191 270,747 204,045 264,672 273,632 608,926 682,473 742,349
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
====================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 65
Unit: In Percent As of November 2019
1. PUBLIC 26.8 27.4 33.9 18.5 -5.3 -25.6 13.8 28.9 -11.1
2. PRIVATE 12.3 12.2 18.2 26.3 15.4 27.1 23.0 14.5 21.9
GROSS VALUE IN CONSTRUCTION 15.2 18.2 21.4 24.3 10.8 4.6 20.9 18.4 12.0
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
====================================================================================================================================================
1. PUBLIC 22.6 20.9 25.2 11.8 -8.6 -27.2 11.0 22.3 -13.6
2. PRIVATE 8.1 6.5 10.4 19.3 10.3 23.4 19.1 8.4 17.7
GROSS VALUE IN CONSTRUCTION 10.8 11.9 13.3 17.6 6.4 2.8 17.3 12.1 8.8
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
====================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 66
Base Year: 2000 As of November 2019
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
INDUSTRY/INDUSTRY GROUP Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. PUBLIC 257.6 246.3 245.9 236.7 266.4 259.5 263.0 250.9 276.2 265.4 269.7 248.5 261.8 269.2
2. PRIVATE 234.6 227.2 229.9 214.8 243.7 239.5 246.2 227.4 255.1 246.6 254.2 230.5 243.3 252.0
GROSS VALUE IN CONSTRUCTION 238.9 234.4 233.0 220.0 248.4 247.6 249.8 232.6 258.9 252.0 257.4 235.2 248.6 255.9
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
====================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 67
Unit: In million pesos As of November 2019
TABLE 38A. GROSS VALUE ADDED IN ELECTRICITY, GAS AND WATER SUPPLY
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CURRENT PRICES
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
INDUSTRY/INDUSTRY GROUP Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. ELECTRICITY 96,130 126,238 89,024 91,844 109,848 137,725 99,631 105,015 118,262 154,746 104,232 311,392 347,203 377,240
2. STEAM 2,434 2,493 1,672 2,287 2,308 2,546 2,028 2,576 2,870 2,733 2,138 6,599 6,881 7,741
3. WATER 18,882 19,507 17,275 20,121 20,390 21,167 18,676 22,050 22,184 23,400 20,246 55,665 60,232 65,830
=====================================================================================================================================================================
TABLE 38B. GROSS VALUE ADDED IN ELECTRICITY, GAS AND WATER SUPPLY
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CONSTANT 2000 PRICES
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
INDUSTRY/INDUSTRY GROUP Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. ELECTRICITY 52,067 62,700 70,623 57,384 55,849 65,183 73,873 61,314 57,118 70,653 79,459 185,390 194,905 207,230
2. STEAM 2,991 3,117 2,210 2,921 2,784 3,171 2,592 3,050 3,315 3,186 2,670 8,319 8,547 9,171
3. WATER 6,139 5,875 5,976 6,445 6,470 6,247 6,309 6,835 6,706 6,596 6,572 17,990 19,025 19,874
=====================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 68
Unit: In Percent As of November 2019
TABLE 39A. GROSS VALUE ADDED IN ELECTRICITY, GAS AND WATER SUPPLY
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CURRENT PRICES
Growth Rates
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17-18 18-19 FIRST TO THIRD QUARTER
INDUSTRY/INDUSTRY GROUP Q1 Q2 Q3 Q4 Q1 Q2 Q3 17-18 18-19
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. ELECTRICITY 14.3 9.1 11.9 14.3 7.7 12.4 4.6 11.5 8.7
2. STEAM -5.2 2.1 21.3 12.6 24.4 7.3 5.4 4.3 12.5
3. WATER 8.0 8.5 8.1 9.6 8.8 10.6 8.4 8.2 9.3
=====================================================================================================================================================================
TABLE 39B. GROSS VALUE ADDED IN ELECTRICITY, GAS AND WATER SUPPLY
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CONSTANT 2000 PRICES
Growth Rates
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17-18 18-19 FIRST TO THIRD QUARTER
INDUSTRY/INDUSTRY GROUP Q1 Q2 Q3 Q4 Q1 Q2 Q3 17-18 18-19
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. ELECTRICITY 7.3 4.0 4.6 6.9 2.3 8.4 7.6 5.1 6.3
2. STEAM -6.9 1.7 17.3 4.4 19.1 0.5 3.0 2.7 7.3
3. WATER 5.4 6.3 5.6 6.1 3.7 5.6 4.2 5.8 4.5
=====================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 69
Base Year: 2000 As of November 2019
TABLE 40. GROSS VALUE ADDED IN ELECTRICITY, GAS AND WATER SUPPLY
1ST QUARTER 2017 TO 3RD QUARTER 2019
Implicit Price Index
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
INDUSTRY/INDUSTRY GROUP Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. ELECTRICITY 184.6 201.3 126.1 160.1 196.7 211.3 134.9 171.3 207.0 219.0 131.2 168.0 178.1 182.0
2. STEAM 81.4 80.0 75.6 78.3 82.9 80.3 78.2 84.4 86.6 85.8 80.1 79.3 80.5 84.4
3. WATER 307.6 332.0 289.1 312.2 315.2 338.8 296.0 322.6 330.8 354.8 308.1 309.4 316.6 331.2
=====================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 70
Unit: In million pesos As of November 2019
TABLE 41A. GROSS VALUE ADDED IN TRANSPORT, STORAGE AND COMMUNICATION
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CURRENT PRICES
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
INDUSTRY/INDUSTRY GROUP Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. TRANSPORT AND STORAGE 140,389 162,629 135,472 137,252 151,004 174,094 149,572 147,834 163,127 185,650 158,019 438,490 474,669 506,795
a. Land 75,624 90,305 75,211 75,943 80,143 94,262 79,008 79,959 84,298 100,744 86,063 241,140 253,413 271,106
b. Water 8,186 9,826 6,318 5,980 8,450 10,522 6,608 6,374 9,605 11,979 6,612 24,330 25,580 28,196
c. Air 26,254 25,055 21,234 21,316 28,134 26,825 24,529 23,294 29,314 28,691 25,321 72,544 79,489 83,326
d. Storage and services 30,325 37,443 32,709 34,013 34,276 42,485 39,426 38,207 39,909 44,235 40,022 100,476 116,187 124,167
incidental to transport
2. COMMUNICATION 89,837 98,651 86,111 112,234 96,353 105,357 88,527 117,779 104,462 111,672 98,312 274,598 290,238 314,447
1. TRANSPORT AND STORAGE 209.8 214.0 234.2 215.7 212.4 217.5 235.8 226.8 214.6 218.4 233.1 218.4 221.2 221.5
a. Land 211.2 222.0 263.8 229.1 213.3 225.2 271.1 243.5 228.8 235.4 277.3 229.7 233.4 245.0
b. Water 159.4 157.9 157.1 157.9 165.5 167.3 154.2 160.3 168.1 170.3 157.5 158.2 163.1 166.4
c. Air 291.4 268.0 302.9 290.4 294.3 268.7 304.6 306.3 266.8 244.1 272.5 285.9 288.0 260.1
d. Storage and services 178.9 189.9 178.6 175.6 181.9 193.8 179.6 184.1 177.5 189.0 171.9 182.7 185.3 179.5
incidental to transport
2. COMMUNICATION 102.4 105.0 105.7 102.9 102.8 105.4 106.2 103.3 103.2 105.8 106.4 104.4 104.8 105.1
====================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 73
Unit: In million pesos As of November 2019
TABLE 44A. GROSS VALUE ADDED IN TRADE AND REPAIR OF MOTOR VEHICLES, MOTORCYCLES, PERSONAL AND HOUSEHOLD GOODS
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CURRENT PRICES
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
INDUSTRY/INDUSTRY GROUP Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. Maintenance and Repair of Motor Vehicles,
Motorcycles, Personal and Household Goods 20,527 20,652 22,551 22,956 22,432 23,149 24,995 25,702 24,542 25,361 27,228 63,731 70,576 77,130
2. Wholesale Trade 121,923 129,957 136,897 180,893 129,367 156,336 156,733 206,891 142,087 170,857 170,299 388,777 442,435 483,242
3. Retail Trade 458,817 559,050 619,197 624,479 506,870 607,968 677,571 691,349 554,072 669,718 739,548 1,637,064 1,792,409 1,963,338
TABLE 44B. GROSS VALUE ADDED IN TRADE AND REPAIR OF MOTOR VEHICLES, MOTORCYCLES, PERSONAL AND HOUSEHOLD GOODS
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CONSTANT 2000 PRICES
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
INDUSTRY/INDUSTRY GROUP Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. Maintenance and Repair of Motor Vehicles,
Motorcycles, Personal and Household Goods 12,379 12,296 12,823 13,747 12,895 12,824 13,058 14,541 13,879 13,819 14,308 37,498 38,778 42,006
2. Wholesale Trade 57,529 58,423 63,201 83,512 58,123 64,943 66,287 89,918 61,344 68,593 70,949 179,153 189,354 200,885
3. Retail Trade 242,007 283,757 309,925 317,409 259,989 297,894 326,430 337,964 279,813 324,873 353,192 835,688 884,313 957,877
=============================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 74
Unit: In Percent As of November 2019
TABLE 45A. GROSS VALUE ADDED IN TRADE AND REPAIR OF MOTOR VEHICLES, MOTORCYCLES, PERSONAL AND HOUSEHOLD GOODS
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CURRENT PRICES
Growth Rates
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17-18 18-19 FIRST TO THIRD QUARTER
INDUSTRY/INDUSTRY GROUP Q1 Q2 Q3 Q4 Q1 Q2 Q3 17-18 18-19
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. Maintenance and Repair of Motor Vehicles,
Motorcycles, Personal and Household Goods 9.3 12.1 10.8 12.0 9.4 9.6 8.9 10.7 9.3
2. Wholesale Trade 6.1 20.3 14.5 14.4 9.8 9.3 8.7 13.8 9.2
3. Retail Trade 10.5 8.8 9.4 10.7 9.3 10.2 9.1 9.5 9.5
TABLE 45B. GROSS VALUE ADDED IN TRADE AND REPAIR OF MOTOR VEHICLES, MOTORCYCLES, PERSONAL AND HOUSEHOLD GOODS
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CONSTANT 2000 PRICES
Growth Rates
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17-18 18-19 FIRST TO THIRD QUARTER
INDUSTRY/INDUSTRY GROUP Q1 Q2 Q3 Q4 Q1 Q2 Q3 17-18 18-19
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. Maintenance and Repair of Motor Vehicles,
Motorcycles, Personal and Household Goods 4.2 4.3 1.8 5.8 7.6 7.8 9.6 3.4 8.3
2. Wholesale Trade 1.0 11.2 4.9 7.7 5.5 5.6 7.0 5.7 6.1
3. Retail Trade 7.4 5.0 5.3 6.5 7.6 9.1 8.2 5.8 8.3
TABLE 46. GROSS VALUE ADDED IN TRADE AND REPAIR OF MOTOR VEHICLES, MOTORCYCLES, PERSONAL AND HOUSEHOLD GOODS
1ST QUARTER 2017 TO 3RD QUARTER 2019
Implicit Price Index
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
INDUSTRY/INDUSTRY GROUP Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
=============================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 76
Unit: In million pesos As of November 2019
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
INDUSTRY/INDUSTRY GROUP Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. Banking Institutions 158,667 141,083 154,625 144,018 180,524 158,291 176,308 165,317 210,216 185,931 200,590 454,375 515,123 596,736
2. Non-bank Financial Intermediation 83,416 132,913 89,086 102,580 92,888 153,626 102,439 116,299 106,142 167,852 114,305 305,415 348,952 388,298
3. Insurance 52,662 51,799 55,280 60,702 57,076 55,179 60,108 64,674 62,297 59,395 64,935 159,740 172,363 186,628
4. Activities Auxiliary to Financial
Intermediation 15,767 18,618 16,876 19,491 16,956 21,229 18,353 21,758 18,966 23,511 19,492 51,261 56,539 61,969
=================================================================================================================================================================
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
INDUSTRY/INDUSTRY GROUP Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. Banking Institutions 79,200 68,728 75,345 69,726 86,783 73,598 81,422 75,548 97,327 83,971 91,123 223,273 241,803 272,421
2. Non-bank Financial Intermediation 41,108 65,398 43,698 49,526 44,085 72,146 47,622 53,000 48,516 76,567 52,271 150,204 163,853 177,354
3. Insurance 25,564 25,830 27,083 29,280 26,684 26,262 27,910 29,446 28,050 27,459 29,659 78,477 80,856 85,168
4. Activities Auxiliary to Financial
Intermediation 7,798 9,122 8,272 9,460 8,077 9,927 8,527 9,968 8,701 10,679 8,908 25,193 26,531 28,288
=================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 77
Unit: In Percent As of November 2019
1. Banking Institutions 13.8 12.2 14.0 14.8 16.4 17.5 13.8 13.4 15.8
2. Non-bank Financial Intermediation 11.4 15.6 15.0 13.4 14.3 9.3 11.6 14.3 11.3
3. Insurance 8.4 6.5 8.7 6.5 9.1 7.6 8.0 7.9 8.3
4. Activities Auxiliary to Financial
Intermediation 7.5 14.0 8.8 11.6 11.9 10.7 6.2 10.3 9.6
=================================================================================================================================================================
1. Banking Institutions 9.6 7.1 8.1 8.3 12.2 14.1 11.9 8.3 12.7
2. Non-bank Financial Intermediation 7.2 10.3 9.0 7.0 10.1 6.1 9.8 9.1 8.2
3. Insurance 4.4 1.7 3.1 0.6 5.1 4.6 6.3 3.0 5.3
4. Activities Auxiliary to Financial
Intermediation 3.6 8.8 3.1 5.4 7.7 7.6 4.5 5.3 6.6
=================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 78
Base Year: 2000 As of November 2019
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
INDUSTRY/INDUSTRY GROUP Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. Banking Institutions 200.3 205.3 205.2 206.5 208.0 215.1 216.5 218.8 216.0 221.4 220.1 203.5 213.0 219.0
2. Non-bank Financial Intermediation 202.9 203.2 203.9 207.1 210.7 212.9 215.1 219.4 218.8 219.2 218.7 203.3 213.0 218.9
3. Insurance 206.0 200.5 204.1 207.3 213.9 210.1 215.4 219.6 222.1 216.3 218.9 203.6 213.2 219.1
4. Activities Auxiliary to Financial
Intermediation 202.2 204.1 204.0 206.0 209.9 213.8 215.2 218.3 218.0 220.2 218.8 203.5 213.1 219.1
=================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 79
Unit: In million pesos As of November 2019
TABLE 50A. GROSS VALUE ADDED IN REAL ESTATE, RENTING & BUSINESS ACTIVITIES BY INDUSTRY GROUP
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CURRENT PRICES
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
INDUSTRY/INDUSTRY GROUP Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Real Estate 111,582 125,611 135,945 128,408 128,661 145,843 154,579 141,944 142,956 159,337 167,912 373,138 429,083 470,205
Renting and other Business Activities 237,729 265,510 281,418 290,432 245,694 269,587 295,218 307,501 254,366 282,440 313,175 784,658 810,498 849,981
Ownership of Dwellings 125,062 127,457 128,874 126,268 131,582 134,690 137,044 134,732 140,328 143,430 146,701 381,392 403,317 430,460
TABLE 50B. GROSS VALUE ADDED IN REAL ESTATE, RENTING & BUSINESS ACTIVITIES BY INDUSTRY GROUP
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CONSTANT 2000 PRICES
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2017 2018 2019 FIRST TO THIRD QUARTER
INDUSTRY/INDUSTRY GROUP Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Real Estate 54,414 61,128 65,844 61,536 60,411 67,741 71,749 64,207 64,646 71,887 76,664 181,386 199,900 213,197
Renting and other Business Activities 95,044 125,149 117,782 119,472 97,041 128,042 124,192 124,639 98,746 131,591 127,970 337,975 349,275 358,307
Ownership of Dwellings 74,646 75,102 75,219 74,083 76,923 77,486 77,672 76,592 79,648 80,126 80,420 224,968 232,080 240,194
TABLE 51A. GROSS VALUE ADDED IN REAL ESTATE, RENTING & BUSINESS ACTIVITIES BY INDUSTRY GROUP
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CURRENT PRICES
Growth Rates
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17-18 18-19 FIRST TO THIRD QUARTER
INDUSTRY/INDUSTRY GROUP Q1 Q2 Q3 Q4 Q1 Q2 Q3 17-18 18-19
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Real Estate 15.3 16.1 13.7 10.5 11.1 9.3 8.6 15.0 9.6
Renting and other Business Activities 3.4 1.5 4.9 5.9 3.5 4.8 6.1 3.3 4.9
Ownership of Dwellings 5.2 5.7 6.3 6.7 6.6 6.5 7.0 5.7 6.7
==================================================================================================================================================
TABLE 51B. GROSS VALUE ADDED IN REAL ESTATE, RENTING & BUSINESS ACTIVITIES BY INDUSTRY GROUP
1ST QUARTER 2017 TO 3RD QUARTER 2019
AT CONSTANT 2000 PRICES
Growth Rates
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
17-18 18-19 FIRST TO THIRD QUARTER
INDUSTRY/INDUSTRY GROUP Q1 Q2 Q3 Q4 Q1 Q2 Q3 17-18 18-19
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Real Estate 11.0 10.8 9.0 4.3 7.0 6.1 6.9 10.2 6.7
Renting and other Business Activities 2.1 2.3 5.4 4.3 1.8 2.8 3.0 3.3 2.6
Ownership of Dwellings 3.0 3.2 3.3 3.4 3.5 3.4 3.5 3.2 3.5
TABLE 52. GROSS VALUE ADDED IN REAL ESTATE, RENTING & BUSINESS ACTIVITIES BY INDUSTRY GROUP
1ST QUARTER 2017 TO 3RD QUARTER 2019
Implicit Price Index
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2017 2018 2019 FIRST TO THIRD QUARTER
INDUSTRY/INDUSTRY GROUP Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
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Real Estate 205.1 205.5 206.5 208.7 213.0 215.3 215.4 221.1 221.1 221.6 219.0 205.7 214.6 220.5
Renting and other Business Activities 250.1 212.2 238.9 243.1 253.2 210.5 237.7 246.7 257.6 214.6 244.7 232.2 232.1 237.2
Ownership of Dwellings 167.5 169.7 171.3 170.4 171.1 173.8 176.4 175.9 176.2 179.0 182.4 169.5 173.8 179.2
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Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 82
Unit: In million pesos As of November 2019
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2017 2018 2019 FIRST TO THIRD QUARTER
INDUSTRY/INDUSTRY GROUP Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2017 2018 2019
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1. Education 151.9 165.7 168.2 190.2 152.3 165.4 170.8 192.5 156.5 165.5 178.4 162.1 163.1 166.8
2. Health and Social Work 166.9 185.0 196.2 214.5 170.6 193.4 205.3 224.6 179.2 202.8 213.5 182.8 189.8 198.4
3. Hotels and Restaurants 184.0 176.6 185.6 185.7 191.4 185.7 197.9 198.0 200.3 191.9 201.6 182.2 191.8 198.1
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Source: Philippine Statistics Authority
Calendar of Release of the National and Regional Accounts
for CY 2019
In accordance with goals and strategies of the Philippine Statistics Authority (PSA)
for the release of its products and services particularly the Quarterly National
Accounts, we are transmitting the following schedule of releases for the year 2019
including the release of other related accounts:
VIVIAN R. ILARINA
Assistant National Statistician
Macroeconomic Accounts Service
PRODUCTION ACCOUNTS
Exports
Exports of Goods Anthony B. Abalos
Exports of Services Arline D. Dimafelix
Imports
Imports of Goods Anthony B. Abalos
Imports of Services Arline D. Dimafelix