NATIONAL ACCOUNTS OF THE PHILIPPINES Page 1

Unit: In million pesos As of January 2019

TABLE 1A. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY EXPENDITURE SHARES
1ST QUARTER 2016 TO 4TH QUARTER 2018
AT CURRENT PRICES

----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2016 2017 2018 ANNUAL
TYPE OF EXPENDITURE Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2016 2017 2018
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 0.294767808 0.294817521 0.283876216 14.7%
1. Household Final Consumption 5,137,903 5,603,500 5,928,647 2,566
Expenditure 2,459,495 2,620,657 2,575,119 3,017,526 2,687,428 2,856,401 2,791,838 3,277,763 2,942,592 3,162,646 3,110,024 3,651,054 10,672,797 11,613,430 12,866,315
2. Government Final Consumption Expenditure 351,278 465,089 389,635 413,637 363,139 514,849 434,679 477,075 422,295 594,350 516,893 556,119 1,619,639 1,789,743 2,089,658

3. Capital Formation (FC+CI) 793,105 862,441 860,391 1,018,491 928,256 982,813 960,770 1,100,564 1,058,760 1,204,544 1,206,106 1,241,444 3,534,428 3,972,403 4,710,854
A. Fixed Capital (FC) 813,107 889,135 879,556 986,436 924,410 991,462 966,478 1,074,003 1,028,576 1,220,120 1,203,101 1,256,055 3,568,233 3,956,353 4,707,852
1. Construction 371,970 506,326 443,420 472,302 424,593 540,898 473,086 502,755 473,691 648,957 588,293 636,452 1,794,018 1,941,333 2,347,393
2. Durable Equipment 377,095 321,845 377,403 435,860 427,966 376,987 424,244 477,461 473,987 486,314 534,432 511,048 1,512,204 1,706,658 2,005,782
3. Breeding Stock &
Orchard Dev't 44,563 45,517 41,684 57,075 49,666 51,037 47,937 67,475 57,671 57,916 55,463 75,458 188,839 216,114 246,510
4. Intellectual Property Products 19,478 15,447 17,048 21,199 22,185 22,541 21,211 26,311 23,226 26,933 24,913 33,097 73,173 92,248 108,168
B. Changes in Inventories (CI) -20,002 -26,694 -19,164 32,055 3,846 -8,648 -5,708 26,561 30,184 -15,576 3,005 -14,611 -33,805 16,051 3,002

4. Exports 1,019,636 983,928 1,055,827 1,009,806 1,218,806 1,167,795 1,299,407 1,206,289 1,314,223 1,309,841 1,435,529 1,341,504 4,069,198 4,892,297 5,401,097
A. Exports of Goods 536,933 485,146 682,111 629,951 687,992 584,973 806,539 756,284 671,205 647,173 907,400 857,854 2,334,141 2,835,789 3,083,632
B. Exports of Services 482,703 498,782 373,717 379,856 530,814 582,822 492,868 450,005 643,019 662,667 528,129 483,650 1,735,057 2,056,508 2,317,465

5. Less : Imports 1,335,735 1,283,587 1,427,116 1,369,679 1,653,204 1,541,930 1,644,374 1,622,007 1,823,865 1,896,457 2,008,667 1,849,680 5,416,117 6,461,514 7,578,669
A. Imports of Goods 1,052,492 1,018,589 1,156,012 1,057,030 1,345,620 1,252,387 1,337,206 1,250,636 1,488,347 1,588,289 1,672,441 1,437,509 4,284,122 5,185,850 6,186,586
B. Imports of Services 283,243 264,998 271,105 312,649 307,583 289,542 307,168 371,371 335,518 308,167 336,226 412,171 1,131,995 1,275,664 1,392,083

6. Statistical Discrepancy -19,854 -35,421 29,966 25,310 26,303 -33,804 -23,812 31,313 594 -39,404 -35,308 7,682 0 0 -66,436

GROSS DOMESTIC PRODUCT 3,267,925 3,613,106 3,483,822 4,115,092 3,570,728 3,946,125 3,818,508 4,470,998 3,914,600 4,335,521 4,224,576 4,948,123 14,479,945 15,806,359 17,422,819

Net Primary Income from the rest of the world 729,451 723,002 725,303 772,638 785,811 794,861 804,704 814,939 850,139 855,012 888,440 868,210 2,950,394 3,200,314 3,461,800

GROSS NATIONAL INCOME 3,997,376 4,336,108 4,209,125 4,887,730 4,356,539 4,740,986 4,623,211 5,285,937 4,764,738 5,190,533 5,113,016 5,816,332 17,430,338 19,006,673 20,884,620

=========================================================================================================================================================================
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 January 2019

TABLE 1B. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY EXPENDITURE SHARES
1ST QUARTER 2016 TO 4TH QUARTER 2018
AT CONSTANT 2000 PRICES

----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2016 2017 2018 ANNUAL
TYPE OF EXPENDITURE Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2016 2017 2018
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
0.333992669 0.337368475 0.332725195
1. Household Final Consumption 3,258,127 3,506,893 3,658,745
Expenditure 1,319,719 1,387,082 1,335,537 1,600,052 1,397,203 1,469,788 1,407,235 1,699,590 1,476,896 1,556,965 1,480,379 1,791,824 5,642,389 5,973,816 6,306,064
2. Government Final Consumption Expenditure 208,171 255,802 202,112 188,484 208,482 275,233 218,954 211,468 236,740 308,025 250,174 236,548 854,570 914,136 1,031,487

3. Capital Formation (FC+CI) 562,548 529,846 545,395 651,887 626,496 570,079 601,763 706,164 703,990 692,478 711,066 744,773 2,289,675 2,504,502 2,852,306
A. Fixed Capital (FC) 547,482 536,339 560,764 626,003 622,764 573,781 604,368 684,538 677,639 695,427 709,361 751,769 2,270,587 2,485,451 2,834,197
1. Construction 159,688 220,358 197,339 216,084 177,801 230,724 202,946 228,495 195,622 262,044 236,215 272,512 793,470 839,967 966,394
2. Durable Equipment 341,383 278,474 319,198 353,904 391,917 295,920 350,126 393,555 424,946 379,406 413,134 405,597 1,292,959 1,431,518 1,623,083
3. Breeding Stock &
Orchard Dev't 27,108 23,815 19,579 32,342 27,942 24,905 20,271 33,143 29,122 25,797 21,526 34,868 102,845 106,262 111,313
4. Intellectual Property Products 19,302 13,691 24,647 23,673 25,104 22,231 31,025 29,344 27,950 28,179 38,485 38,792 81,313 107,704 133,406
B. Changes in Inventories (CI) 15,066 -6,493 -15,369 25,884 3,732 -3,702 -2,605 21,626 26,350 -2,950 1,705 -6,996 19,087 19,051 18,110

4. Exports 1,006,845 1,039,646 1,164,503 913,949 1,182,531 1,262,346 1,383,436 1,102,270 1,258,933 1,421,681 1,567,740 1,247,357 4,124,942 4,930,584 5,495,712
A. Exports of Goods 759,820 787,608 977,180 725,358 921,367 976,582 1,144,136 886,350 955,003 1,112,000 1,325,568 1,021,786 3,249,966 3,928,434 4,414,356
B. Exports of Services 247,025 252,038 187,323 188,591 261,164 285,764 239,301 215,920 303,930 309,682 242,172 225,572 874,976 1,002,150 1,081,356

5. Less : Imports 1,193,462 1,142,181 1,279,945 1,173,247 1,416,612 1,354,471 1,500,148 1,386,101 1,552,691 1,605,482 1,768,187 1,550,159 4,788,834 5,657,331 6,476,519
A. Imports of Goods 952,664 941,752 1,062,341 915,083 1,156,730 1,137,689 1,255,864 1,081,897 1,270,779 1,377,492 1,503,654 1,215,682 3,871,839 4,632,180 5,367,608
B. Imports of Services 240,798 200,429 217,605 258,164 259,882 216,782 244,284 304,204 281,912 227,990 264,532 334,477 916,995 1,025,152 1,108,911

6. Statistical Discrepancy -17,219 11,013 -14,010 20,217 10,276 -3,523 -17,898 11,144 16,562 -17,013 -21,661 16,175 0 0 -5,936

GROSS DOMESTIC PRODUCT 1,886,602 2,081,207 1,953,590 2,201,342 2,008,377 2,219,452 2,093,343 2,344,536 2,140,429 2,356,654 2,219,512 2,486,518 8,122,741 8,665,708 9,203,113

Net Primary Income from the rest of the world 417,751 396,385 395,906 422,303 440,541 422,472 428,080 438,045 462,714 439,851 448,801 441,817 1,632,345 1,729,139 1,793,182

GROSS NATIONAL INCOME 2,304,353 2,477,592 2,349,496 2,623,645 2,448,918 2,641,924 2,521,423 2,782,581 2,603,143 2,796,504 2,668,313 2,928,335 9,755,087 10,394,846 10,996,296

=========================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 8
Unit: In million pesos As of January 2019

TABLE 5A. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN
1ST QUARTER 2016 TO 4TH QUARTER 2018
AT CURRENT PRICES

----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2016 2017 2018 ANNUAL
INDUSTRY Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2016 2017 2018
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. AGRI., HUNTING, FORESTRY AND FISHING 334,063 311,206 326,723 426,071 364,095 349,489 347,192 465,878 395,691 368,917 366,092 484,528 1,398,063 1,526,654 1,615,227
a. Agriculture and forestry 291,259 268,384 275,300 377,930 317,494 304,497 293,790 413,645 346,864 320,866 305,911 427,136 1,212,872 1,329,426 1,400,778
b. Fishing 42,804 42,822 51,423 48,141 46,601 44,992 53,402 52,233 48,826 48,050 60,180 57,392 185,191 197,228 214,449

2. INDUSTRY SECTOR 1,019,671 1,089,813 999,407 1,343,216 1,108,323 1,177,995 1,088,633 1,438,448 1,224,765 1,306,401 1,218,791 1,616,956 4,452,107 4,813,400 5,366,913
a. Mining & Quarrying 29,734 27,753 29,782 27,062 30,704 35,765 36,144 31,900 35,716 39,601 36,439 35,327 114,330 134,514 147,084
b. Manufacturing 663,990 624,394 617,912 941,300 719,078 675,577 677,138 1,002,782 786,684 729,083 726,870 1,080,405 2,847,597 3,074,575 3,323,042
c. Construction 213,727 297,882 250,481 272,189 241,094 318,415 267,380 289,476 269,695 382,035 335,502 371,521 1,034,279 1,116,365 1,358,754
d. Electricity, Gas and Water Supply 112,220 139,783 101,232 102,666 117,447 148,238 107,971 114,290 132,671 155,681 119,980 129,702 455,901 487,946 538,034

3. SERVICE SECTOR 1,914,191 2,212,087 2,157,691 2,345,805 2,098,310 2,418,641 2,382,682 2,566,672 2,294,144 2,660,204 2,639,693 2,846,639 8,629,775 9,466,305 10,440,679
a. Transport, Storage & Communication 216,812 247,379 209,255 235,822 230,225 261,280 221,582 249,452 247,517 279,786 238,099 263,984 909,269 962,540 1,029,386
b. Trade and Repair of Motor Vehicles,
Motorcycles, Personal and
Household Goods 544,464 650,338 708,149 749,884 601,268 709,659 778,645 830,041 659,097 788,818 859,752 922,296 2,652,835 2,919,613 3,229,964
c. Financial Intermediation 281,446 305,347 281,349 300,470 310,512 344,412 315,867 326,637 347,444 388,276 356,137 366,812 1,168,611 1,297,428 1,458,669
d. R. Estate, Renting & Business Activities 433,065 474,991 490,182 500,755 474,373 518,567 546,244 545,615 507,974 549,589 586,700 587,182 1,898,993 2,084,798 2,231,445
e. Public Administration & Defense;
Compulsory Social Security 109,263 152,380 133,790 179,611 120,994 173,281 151,879 202,250 139,741 205,757 189,533 241,141 575,043 648,404 776,172
f. Other Services 329,141 381,652 334,966 379,264 360,937 411,441 368,465 412,678 392,372 447,978 409,472 465,222 1,425,023 1,553,521 1,715,044

GROSS DOMESTIC PRODUCT 3,267,925 3,613,106 3,483,822 4,115,092 3,570,728 3,946,125 3,818,508 4,470,998 3,914,600 4,335,521 4,224,576 4,948,123 14,479,945 15,806,359 17,422,819

Net Primary Income from the rest of the world 729,451 723,002 725,303 772,638 785,811 794,861 804,704 814,939 850,139 855,012 888,440 868,210 2,950,394 3,200,314 3,461,800

GROSS NATIONAL INCOME 3,997,376 4,336,108 4,209,125 4,887,730 4,356,539 4,740,986 4,623,211 5,285,937 4,764,738 5,190,533 5,113,016 5,816,332 17,430,338 19,006,673 20,884,620

=========================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 9
Unit: In million pesos As of January 2019

TABLE 5B. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN
1ST QUARTER 2016 TO 4TH QUARTER 2018
AT CONSTANT 2000 PRICES

----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2016 2017 2018 ANNUAL
INDUSTRY Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2016 2017 2018
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. AGRI., HUNTING, FORESTRY AND FISHING 173,621 163,623 160,237 213,445 182,096 173,877 164,437 218,618 184,118 174,325 164,136 222,235 710,926 739,029 744,814
a. Agriculture and forestry 146,369 136,241 130,055 174,914 154,527 147,241 134,880 180,131 157,539 147,583 134,872 182,999 587,579 616,780 622,993
b. Fishing 27,251 27,383 30,182 38,531 27,569 26,636 29,557 38,487 26,578 26,742 29,264 39,236 123,347 122,249 121,821

2. INDUSTRY SECTOR 644,820 702,086 645,560 757,568 686,973 752,211 697,689 810,231 739,661 801,445 740,532 866,361 2,750,034 2,947,103 3,148,000
a. Mining & Quarrying 23,513 26,597 16,122 16,874 19,319 31,709 17,403 17,791 20,648 29,534 17,364 19,574 83,106 86,222 87,121
b. Manufacturing 459,043 461,133 427,977 537,361 494,415 497,879 471,272 579,552 531,989 525,280 486,817 598,370 1,885,514 2,043,118 2,142,456
c. Construction 102,107 144,743 125,222 140,042 112,042 150,931 130,204 146,090 121,881 172,281 153,838 177,228 512,113 539,267 625,228
d. Electricity, Gas and Water Supply 60,157 69,613 76,240 63,291 61,197 71,692 78,810 66,799 65,142 74,351 82,513 71,189 269,301 278,497 293,196

3. SERVICE SECTOR 1,068,161 1,215,498 1,147,792 1,230,329 1,139,308 1,293,364 1,231,217 1,315,686 1,216,651 1,380,883 1,314,844 1,397,922 4,661,781 4,979,575 5,310,300
a. Transport, Storage & Communication 148,380 164,419 134,551 164,552 154,641 169,897 139,344 172,694 164,857 180,214 146,829 177,329 611,902 636,577 669,230
b. Trade and Repair of Motor Vehicles,
Motorcycles, Personal and
Household Goods 290,658 334,929 359,656 382,196 311,915 354,476 385,948 415,516 331,208 376,332 405,973 440,223 1,367,438 1,467,855 1,553,736
c. Financial Intermediation 143,651 154,558 141,816 150,087 153,670 169,079 154,398 157,917 165,628 181,911 164,987 167,396 590,112 635,064 679,922
d. R. Estate, Renting & Business Activities 209,402 241,737 240,095 239,450 224,104 261,373 258,849 255,167 235,069 272,607 273,058 266,485 930,685 999,493 1,047,219
e. Public Administration & Defense;
Compulsory Social Security 69,578 87,987 75,645 85,330 73,418 95,342 81,886 92,605 83,102 109,633 96,479 104,258 318,540 343,251 393,474
f. Other Services 206,492 231,868 196,030 208,714 221,561 243,197 210,791 221,786 236,785 260,186 227,517 242,232 843,105 897,335 966,720

GROSS DOMESTIC PRODUCT 1,886,602 2,081,207 1,953,590 2,201,342 2,008,377 2,219,452 2,093,343 2,344,536 2,140,429 2,356,654 2,219,512 2,486,518 8,122,741 8,665,708 9,203,113

Net Primary Income from the rest of the world 417,751 396,385 395,906 422,303 440,541 422,472 428,080 438,045 462,714 439,851 448,801 441,817 1,632,345 1,729,139 1,793,182

GROSS NATIONAL INCOME 2,304,353 2,477,592 2,349,496 2,623,645 2,448,918 2,641,924 2,521,423 2,782,581 2,603,143 2,796,504 2,668,313 2,928,335 9,755,087 10,394,846 10,996,296

=========================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 3
Unit: In Percent As of January 2019

TABLE 2A. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY EXPENDITURE SHARES
1ST QUARTER 2016 TO 4TH QUARTER 2018
AT CURRENT PRICES
Percent Distribution
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2016 2017 2018 ANNUAL
TYPE OF EXPENDITURE Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2016 2017 2018
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. Household Final Consumption

Expenditure 61.5 60.4 61.2 61.7 61.7 60.2 60.4 62.0 61.8 60.9 60.8 62.8 61.2 61.1 61.6
2. Government Final Consumption Expenditure 8.8 10.7 9.3 8.5 8.3 10.9 9.4 9.0 8.9 11.5 10.1 9.6 9.3 9.4 10.0

3. Capital Formation (FC+CI) 19.8 19.9 20.4 20.8 21.3 20.7 20.8 20.8 22.2 23.2 23.6 21.3 20.3 20.9 22.6
A. Fixed Capital (FC) 20.3 20.5 20.9 20.2 21.2 20.9 20.9 20.3 21.6 23.5 23.5 21.6 20.5 20.8 22.5
1. Construction 9.3 11.7 10.5 9.7 9.7 11.4 10.2 9.5 9.9 12.5 11.5 10.9 10.3 10.2 11.2
2. Durable Equipment 9.4 7.4 9.0 8.9 9.8 8.0 9.2 9.0 9.9 9.4 10.5 8.8 8.7 9.0 9.6
3. Breeding Stock &
Orchard Dev't 1.1 1.0 1.0 1.2 1.1 1.1 1.0 1.3 1.2 1.1 1.1 1.3 1.1 1.1 1.2
4. Intellectual Property Products 0.5 0.4 0.4 0.4 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.6 0.4 0.5 0.5

4. Exports 25.5 22.7 25.1 20.7 28.0 24.6 28.1 22.8 27.6 25.2 28.1 23.1 23.3 25.7 25.9
A. Exports of Goods 13.4 11.2 16.2 12.9 15.8 12.3 17.4 14.3 14.1 12.5 17.7 14.7 13.4 14.9 14.8
B. Exports of Services 12.1 11.5 8.9 7.8 12.2 12.3 10.7 8.5 13.5 12.8 10.3 8.3 10.0 10.8 11.1

5. Less : Imports 33.4 29.6 33.9 28.0 37.9 32.5 35.6 30.7 38.3 36.5 39.3 31.8 31.1 34.0 36.3
A. Imports of Goods 26.3 23.5 27.5 21.6 30.9 26.4 28.9 23.7 31.2 30.6 32.7 24.7 24.6 27.3 29.6
B. Imports of Services 7.1 6.1 6.4 6.4 7.1 6.1 6.6 7.0 7.0 5.9 6.6 7.1 6.5 6.7 6.7

GROSS DOMESTIC PRODUCT 81.8 83.3 82.8 84.2 82.0 83.2 82.6 84.6 82.2 83.5 82.6 85.1 83.1 83.2 83.4

GROSS NATIONAL INCOME 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0

=========================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 4
Unit: In Percent As of January 2019

TABLE 2B. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY EXPENDITURE SHARES
1ST QUARTER 2016 TO 4TH QUARTER 2018
AT CONSTANT 2000 PRICES
Percent Distribution
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2016 2017 2018 ANNUAL
TYPE OF EXPENDITURE Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2016 2017 2018
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. Household Final Consumption

Expenditure 57.3 56.0 56.8 61.0 57.1 55.6 55.8 61.1 56.7 55.7 55.5 61.2 57.8 57.5 57.3
2. Government Final Consumption Expenditure 9.0 10.3 8.6 7.2 8.5 10.4 8.7 7.6 9.1 11.0 9.4 8.1 8.8 8.8 9.4

3. Capital Formation (FC+CI) 24.4 21.4 23.2 24.8 25.6 21.6 23.9 25.4 27.0 24.8 26.6 25.4 23.5 24.1 25.9
A. Fixed Capital (FC) 23.8 21.6 23.9 23.9 25.4 21.7 24.0 24.6 26.0 24.9 26.6 25.7 23.3 23.9 25.8
1. Construction 6.9 8.9 8.4 8.2 7.3 8.7 8.0 8.2 7.5 9.4 8.9 9.3 8.1 8.1 8.8
2. Durable Equipment 14.8 11.2 13.6 13.5 16.0 11.2 13.9 14.1 16.3 13.6 15.5 13.9 13.3 13.8 14.8
3. Breeding Stock &
Orchard Dev't 1.2 1.0 0.8 1.2 1.1 0.9 0.8 1.2 1.1 0.9 0.8 1.2 1.1 1.0 1.0
4. Intellectual Property Products 0.8 0.6 1.0 0.9 1.0 0.8 1.2 1.1 1.1 1.0 1.4 1.3 0.8 1.0 1.2

4. Exports 43.7 42.0 49.6 34.8 48.3 47.8 54.9 39.6 48.4 50.8 58.8 42.6 42.3 47.4 50.0
A. Exports of Goods 33.0 31.8 41.6 27.6 37.6 37.0 45.4 31.9 36.7 39.8 49.7 34.9 33.3 37.8 40.1
B. Exports of Services 10.7 10.2 8.0 7.2 10.7 10.8 9.5 7.8 11.7 11.1 9.1 7.7 9.0 9.6 9.8

5. Less : Imports 51.8 46.1 54.5 44.7 57.8 51.3 59.5 49.8 59.6 57.4 66.3 52.9 49.1 54.4 58.9
A. Imports of Goods 41.3 38.0 45.2 34.9 47.2 43.1 49.8 38.9 48.8 49.3 56.4 41.5 39.7 44.6 48.8
B. Imports of Services 10.4 8.1 9.3 9.8 10.6 8.2 9.7 10.9 10.8 8.2 9.9 11.4 9.4 9.9 10.1

GROSS DOMESTIC PRODUCT 81.9 84.0 83.1 83.9 82.0 84.0 83.0 84.3 82.2 84.3 83.2 84.9 83.3 83.4 83.7

GROSS NATIONAL INCOME 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0

=========================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 5
Unit: In Percent As of January 2019

TABLE 3A. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY EXPENDITURE SHARES
1ST QUARTER 2016 TO 4TH QUARTER 2018
AT CURRENT PRICES
Growth Rates
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16-17 17-18 ANNUAL
TYPE OF EXPENDITURE Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 16-17 17-18
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. Household Final Consumption

Expenditure 9.3 9.0 8.4 8.6
### 9.5 10.7 11.4 11.4 8.8 10.8
2. Government Final Consumption Expenditure 3.4 10.7 11.6 15.3
### 16.3 15.4 18.9 16.6 10.5 16.8

3. Capital Formation (FC+CI) 17.0 14.0 11.7 8.1

### 14.1 22.6 25.5 12.8 12.4 18.6
A. Fixed Capital (FC) 13.7 11.5 9.9 8.9
### 11.3 23.1 24.5 17.0 10.9 19.0
1. Construction 14.1 6.8 6.7 6.4
### 11.6 20.0 24.4 26.6 8.2 20.9
2. Durable Equipment 13.5 17.1 12.4 9.5
### 10.8 29.0 26.0 7.0 12.9 17.5
3. Breeding Stock &
Orchard Dev't 11.4 12.1 15.0 18.2
### 16.1 13.5 15.7 11.8 14.4 14.1
4. Intellectual Property Products 13.9 45.9 24.4 24.1
### 4.7 19.5 17.5 25.8 26.1 17.3

4. Exports 19.5 18.7 23.1 19.5

### 7.8 12.2 10.5 11.2 20.2 10.4
A. Exports of Goods 28.1 20.6 18.2 20.1
### -2.4 10.6 12.5 13.4 21.5 8.7
B. Exports of Services 10.0 16.8 31.9 18.5
### 21.1 13.7 7.2 7.5 18.5 12.7

5. Less : Imports 23.8 20.1 15.2 18.4

### 10.3 23.0 22.2 14.0 19.3 17.3
A. Imports of Goods 27.9 23.0 15.7 18.3
### 10.6 26.8 25.1 14.9 21.0 19.3
B. Imports of Services 8.6 9.3 13.3 18.8
### 9.1 6.4 9.5 11.0 12.7 9.1

GROSS DOMESTIC PRODUCT 9.3 9.2 9.6 8.6

### 9.6 9.9 10.6 10.7 9.2 10.2

GROSS NATIONAL INCOME 9.0 9.3 9.8 8.1

### 9.4 9.5 10.6 10.0 9.0 9.9

================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 6
Unit: In Percent As of January 2019

TABLE 3B. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY EXPENDITURE SHARES
1ST QUARTER 2016 TO 4TH QUARTER 2018
AT CONSTANT 2000 PRICES
Growth Rates
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16-17 17-18 ANNUAL
TYPE OF EXPENDITURE Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 16-17 17-18
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. Household Final Consumption

Expenditure 5.9 6.0 5.4 6.2 5.7 5.9 5.2 5.4 5.9 5.6
2. Government Final Consumption Expenditure 0.1 7.6 8.3 12.2 13.6 11.9 14.3 11.9 7.0 12.8

3. Capital Formation (FC+CI) 11.4 7.6 10.3 8.3 12.4 21.5 18.2 5.5 9.4 13.9
A. Fixed Capital (FC) 13.8 7.0 7.8 9.4 8.8 21.2 17.4 9.8 9.5 14.0
1. Construction 11.3 4.7 2.8 5.7 10.0 13.6 16.4 19.3 5.9 15.1
2. Durable Equipment 14.8 6.3 9.7 11.2 8.4 28.2 18.0 3.1 10.7 13.4
3. Breeding Stock &
Orchard Dev't 3.1 4.6 3.5 2.5 4.2 3.6 6.2 5.2 3.3 4.8
4. Intellectual Property Products 30.1 62.4 25.9 24.0 11.3 26.8 24.0 32.2 32.5 23.9

4. Exports 17.4 21.4 18.8 20.6 6.5 12.6 13.3 13.2 19.5 11.5
A. Exports of Goods 21.3 24.0 17.1 22.2 3.7 13.9 15.9 15.3 20.9 12.4
B. Exports of Services 5.7 13.4 27.7 14.5 16.4 8.4 1.2 4.5 14.5 7.9

5. Less : Imports 18.7 18.6 17.2 18.1 9.6 18.5 17.9 11.8 18.1 14.5
A. Imports of Goods 21.4 20.8 18.2 18.2 9.9 21.1 19.7 12.4 19.6 15.9
B. Imports of Services 7.9 8.2 12.3 17.8 8.5 5.2 8.3 10.0 11.8 8.2

GROSS DOMESTIC PRODUCT 6.5 6.6 7.2 6.5 6.6 6.2 6.0 6.1 6.7 6.2

GROSS NATIONAL INCOME 6.3 6.6 7.3 6.1 6.3 5.9 5.8 5.2 6.6 5.8

================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 7
Base Year: 2000 As of January 2019

TABLE 4. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY EXPENDITURE SHARES
1ST QUARTER 2016 TO 4TH QUARTER 2018
Implicit Price Index

----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2016 2017 2018 ANNUAL
TYPE OF EXPENDITURE Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2016 2017 2018
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. Household Final Consumption

Expenditure 186.4 188.9 192.8 188.6 192.3 194.3 198.4 192.9 199.2 203.1 210.1 203.8 189.2 194.4 204.0
2. Government Final Consumption Expenditure 168.7 181.8 192.8 219.5 174.2 187.1 198.5 225.6 178.4 193.0 206.6 235.1 189.5 195.8 202.6

3. Capital Formation (FC+CI) 141.0 162.8 157.8 156.2 148.2 172.4 159.7 155.9 150.4 173.9 169.6 166.7 154.4 158.6 165.2
A. Fixed Capital (FC) 148.5 165.8 156.8 157.6 148.4 172.8 159.9 156.9 151.8 175.4 169.6 167.1 157.2 159.2 166.1
1. Construction 232.9 229.8 224.7 218.6 238.8 234.4 233.1 220.0 242.1 247.7 249.0 233.6 226.1 231.1 242.9
2. Durable Equipment 110.5 115.6 118.2 123.2 109.2 127.4 121.2 121.3 111.5 128.2 129.4 126.0 117.0 119.2 123.6
3. Breeding Stock &
Orchard Dev't 164.4 191.1 212.9 176.5 177.7 204.9 236.5 203.6 198.0 224.5 257.7 216.4 183.6 203.4 221.5
4. Intellectual Property Products 100.9 112.8 69.2 89.6 88.4 101.4 68.4 89.7 83.1 95.6 64.7 85.3 90.0 85.6 81.1

4. Exports 101.3 94.6 90.7 110.5 103.1 92.5 93.9 109.4 104.4 92.1 91.6 107.5 98.6 99.2 98.3
A. Exports of Goods 70.7 61.6 69.8 86.8 74.7 59.9 70.5 85.3 70.3 58.2 68.5 84.0 71.8 72.2 69.9
B. Exports of Services 195.4 197.9 199.5 201.4 203.2 204.0 206.0 208.4 211.6 214.0 218.1 214.4 198.3 205.2 214.3

5. Less : Imports 111.9 112.4 111.5 116.7 116.7 113.8 109.6 117.0 117.5 118.1 113.6 119.3 113.1 114.2 117.0
A. Imports of Goods 110.5 108.2 108.8 115.5 116.3 110.1 106.5 115.6 117.1 115.3 111.2 118.2 110.6 112.0 115.3
B. Imports of Services 117.6 132.2 124.6 121.1 118.4 133.6 125.7 122.1 119.0 135.2 127.1 123.2 123.4 124.4 125.5

GROSS DOMESTIC PRODUCT 173.2 173.6 178.3 186.9 177.8 177.8 182.4 190.7 182.9 184.0 190.3 199.0 178.3 182.4 189.3

GROSS NATIONAL INCOME 173.5 175.0 179.2 186.3 177.9 179.5 183.4 190.0 183.0 185.6 191.6 198.6 178.7 182.8 189.9

=========================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 10
Unit: In Percent As of January 2019

TABLE 6A. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN
1ST QUARTER 2016 TO 4TH QUARTER 2018
AT CURRENT PRICES
Percent Distribution
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2016 2017 2018 ANNUAL
INDUSTRY Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2016 2017 2018
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. AGRI., HUNTING, FORESTRY AND FISHING 8.4 7.2 7.8 8.7 8.4 7.4 7.5 8.8 8.3 7.1 7.2 8.3 8.0 8.0 7.7
a. Agriculture and forestry 7.3 6.2 6.5 7.7 7.3 6.4 6.4 7.8 7.3 6.2 6.0 7.3 7.0 7.0 6.7
b. Fishing 1.1 1.0 1.2 1.0 1.1 0.9 1.2 1.0 1.0 0.9 1.2 1.0 1.1 1.0 1.0

2. INDUSTRY SECTOR 25.5 25.1 23.7 27.5 25.4 24.8 23.5 27.2 25.7 25.2 23.8 27.8 25.5 25.3 25.7
a. Mining & Quarrying 0.7 0.6 0.7 0.6 0.7 0.8 0.8 0.6 0.7 0.8 0.7 0.6 0.7 0.7 0.7
b. Manufacturing 16.6 14.4 14.7 19.3 16.5 14.2 14.6 19.0 16.5 14.0 14.2 18.6 16.3 16.2 15.9
c. Construction 5.3 6.9 6.0 5.6 5.5 6.7 5.8 5.5 5.7 7.4 6.6 6.4 5.9 5.9 6.5
d. Electricity, Gas and Water Supply 2.8 3.2 2.4 2.1 2.7 3.1 2.3 2.2 2.8 3.0 2.3 2.2 2.6 2.6 2.6

3. SERVICE SECTOR 47.9 51.0 51.3 48.0 48.2 51.0 51.5 48.6 48.1 51.3 51.6 48.9 49.5 49.8 50.0
a. Transport, Storage & Communication 5.4 5.7 5.0 4.8 5.3 5.5 4.8 4.7 5.2 5.4 4.7 4.5 5.2 5.1 4.9

b. Trade and Repair of Motor Vehicles,

Motorcycles, Personal and
Household Goods 13.6 15.0 16.8 15.3 13.8 15.0 16.8 15.7 13.8 15.2 16.8 15.9 15.2 15.4 15.5
c. Financial Intermediation 7.0 7.0 6.7 6.1 7.1 7.3 6.8 6.2 7.3 7.5 7.0 6.3 6.7 6.8 7.0
d. R. Estate, Renting & Business Activities 10.8 11.0 11.6 10.2 10.9 10.9 11.8 10.3 10.7 10.6 11.5 10.1 10.9 11.0 10.7
e. Public Administration & Defense;
Compulsory Social Security 2.7 3.5 3.2 3.7 2.8 3.7 3.3 3.8 2.9 4.0 3.7 4.1 3.3 3.4 3.7
f. Other Services 8.2 8.8 8.0 7.8 8.3 8.7 8.0 7.8 8.2 8.6 8.0 8.0 8.2 8.2 8.2

GROSS DOMESTIC PRODUCT 81.8 83.3 82.8 84.2 82.0 83.2 82.6 84.6 82.2 83.5 82.6 85.1 83.1 83.2 83.4

GROSS NATIONAL INCOME 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0

=========================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 11
Unit: In Percent As of January 2019

TABLE 6B. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN
1ST QUARTER 2016 TO 4TH QUARTER 2018
AT CONSTANT 2000 PRICES
Percent Distribution
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2016 2017 2018 ANNUAL
INDUSTRY Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2016 2017 2018
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. AGRI., HUNTING, FORESTRY AND FISHING 7.5 6.6 6.8 8.1 7.4 6.6 6.5 7.9 7.1 6.2 6.2 7.6 7.3 7.1 6.8
a. Agriculture and forestry 6.4 5.5 5.5 6.7 6.3 5.6 5.3 6.5 6.1 5.3 5.1 6.2 6.0 5.9 5.7
b. Fishing 1.2 1.1 1.3 1.5 1.1 1.0 1.2 1.4 1.0 1.0 1.1 1.3 1.3 1.2 1.1

2. INDUSTRY SECTOR 28.0 28.3 27.5 28.9 28.1 28.5 27.7 29.1 28.4 28.7 27.8 29.6 28.2 28.4 28.6
a. Mining & Quarrying 1.0 1.1 0.7 0.6 0.8 1.2 0.7 0.6 0.8 1.1 0.7 0.7 0.9 0.8 0.8
b. Manufacturing 19.9 18.6 18.2 20.5 20.2 18.8 18.7 20.8 20.4 18.8 18.2 20.4 19.3 19.7 19.5
c. Construction 4.4 5.8 5.3 5.3 4.6 5.7 5.2 5.3 4.7 6.2 5.8 6.1 5.2 5.2 5.7
d. Electricity, Gas and Water Supply 2.6 2.8 3.2 2.4 2.5 2.7 3.1 2.4 2.5 2.7 3.1 2.4 2.8 2.7 2.7

3. SERVICE SECTOR 46.4 49.1 48.9 46.9 46.5 49.0 48.8 47.3 46.7 49.4 49.3 47.7 47.8 47.9 48.3
a. Transport, Storage & Communication 6.4 6.6 5.7 6.3 6.3 6.4 5.5 6.2 6.3 6.4 5.5 6.1 6.3 6.1 6.1
b. Trade and Repair of Motor Vehicles,
Motorcycles, Personal and
Household Goods 12.6 13.5 15.3 14.6 12.7 13.4 15.3 14.9 12.7 13.5 15.2 15.0 14.0 14.1 14.1
c. Financial Intermediation 6.2 6.2 6.0 5.7 6.3 6.4 6.1 5.7 6.4 6.5 6.2 5.7 6.0 6.1 6.2
d. R. Estate, Renting & Business Activities 9.1 9.8 10.2 9.1 9.2 9.9 10.3 9.2 9.0 9.7 10.2 9.1 9.5 9.6 9.5
e. Public Administration & Defense;
Compulsory Social Security 3.0 3.6 3.2 3.3 3.0 3.6 3.2 3.3 3.2 3.9 3.6 3.6 3.3 3.3 3.6
f. Other Services 9.0 9.4 8.3 8.0 9.0 9.2 8.4 8.0 9.1 9.3 8.5 8.3 8.6 8.6 8.8

GROSS DOMESTIC PRODUCT 81.9 84.0 83.1 83.9 82.0 84.0 83.0 84.3 82.2 84.3 83.2 84.9 83.3 83.4 83.7

GROSS NATIONAL INCOME 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0

=========================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 12
Unit: In Percent As of January 2019

TABLE 7A. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN
1ST QUARTER 2016 TO 4TH QUARTER 2018
AT CURRENT PRICES
Growth Rates
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16-17 17-18 ANNUAL
INDUSTRY Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 16-17 17-18
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. AGRI., HUNTING, FORESTRY AND FISHING 9.0 12.3 6.3 9.3 8.7 5.6 5.4 4.0 9.2 5.8
a. Agriculture and forestry 9.0 13.5 6.7 9.5 9.3 5.4 4.1 3.3 9.6 5.4
b. Fishing 8.9 5.1 3.8 8.5 4.8 6.8 12.7 9.9 6.5 8.7

2. INDUSTRY SECTOR 8.7 8.1 8.9 7.1 10.5 10.9 12.0 12.4 8.1 11.5
a. Mining & Quarrying 3.3 28.9 21.4 17.9 16.3 10.7 0.8 10.7 17.7 9.3
b. Manufacturing 8.3 8.2 9.6 6.5 9.4 7.9 7.3 7.7 8.0 8.1
c. Construction 12.8 6.9 6.7 6.4 11.9 20.0 25.5 28.3 7.9 21.7
d. Electricity, Gas and Water Supply 4.7 6.0 6.7 11.3 13.0 5.0 11.1 13.5 7.0 10.3

3. SERVICE SECTOR 9.6 9.3 10.4 9.4 9.3 10.0 10.8 10.9 9.7 10.3
a. Transport, Storage & Communication 6.2 5.6 5.9 5.8 7.5 7.1 7.5 5.8 5.9 6.9
b. Trade and Repair of Motor Vehicles,
Motorcycles, Personal and
Household Goods 10.4 9.1 10.0 10.7 9.6 11.2 10.4 11.1 10.1 10.6
c. Financial Intermediation 10.3 12.8 12.3 8.7 11.9 12.7 12.7 12.3 11.0 12.4
d. R. Estate, Renting & Business Activities 9.5 9.2 11.4 9.0 7.1 6.0 7.4 7.6 9.8 7.0
e. Public Administration & Defense;
Compulsory Social Security 10.7 13.7 13.5 12.6 15.5 18.7 24.8 19.2 12.8 19.7
f. Other Services 9.7 7.8 10.0 8.8 8.7 8.9 11.1 12.7 9.0 10.4

GROSS DOMESTIC PRODUCT 9.3 9.2 9.6 8.6 9.6 9.9 10.6 10.7 9.2 10.2

GROSS NATIONAL INCOME 9.0 9.3 9.8 8.1 9.4 9.5 10.6 10.0 9.0 9.9

================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 13
Unit: In Percent As of January 2019

TABLE 7B. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN
1ST QUARTER 2016 TO 4TH QUARTER 2018
AT CONSTANT 2000 PRICES
Growth Rates
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16-17 17-18 ANNUAL
INDUSTRY Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 16-17 17-18
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. AGRI., HUNTING, FORESTRY AND FISHING 4.9 6.3 2.6 2.4 1.1 0.3 -0.2 1.7 4.0 0.8
a. Agriculture and forestry 5.6 8.1 3.7 3.0 1.9 0.2 0.0 1.6 5.0 1.0
b. Fishing 1.2 -2.7 -2.1 -0.1 -3.6 0.4 -1.0 1.9 -0.9 -0.3

2. INDUSTRY SECTOR 6.5 7.1 8.1 7.0 7.7 6.5 6.1 6.9 7.2 6.8
a. Mining & Quarrying -17.8 19.2 7.9 5.4 6.9 -6.9 -0.2 10.0 3.7 1.0
b. Manufacturing 7.7 8.0 10.1 7.9 7.6 5.5 3.3 3.2 8.4 4.9
c. Construction 9.7 4.3 4.0 4.3 8.8 14.1 18.2 21.3 5.3 15.9
d. Electricity, Gas and Water Supply 1.7 3.0 3.4 5.5 6.4 3.7 4.7 6.6 3.4 5.3

3. SERVICE SECTOR 6.7 6.4 7.3 6.9 6.8 6.8 6.8 6.3 6.8 6.6
a. Transport, Storage & Communication 4.2 3.3 3.6 4.9 6.6 6.1 5.4 2.7 4.0 5.1
b. Trade and Repair of Motor Vehicles,
Motorcycles, Personal and
Household Goods 7.3 5.8 7.3 8.7 6.2 6.2 5.2 5.9 7.3 5.9
c. Financial Intermediation 7.0 9.4 8.9 5.2 7.8 7.6 6.9 6.0 7.6 7.1
d. R. Estate, Renting & Business Activities 7.0 8.1 7.8 6.6 4.9 4.3 5.5 4.4 7.4 4.8
e. Public Administration & Defense;
Compulsory Social Security 5.5 8.4 8.2 8.5 13.2 15.0 17.8 12.6 7.8 14.6
f. Other Services 7.3 4.9 7.5 6.3 6.9 7.0 7.9 9.2 6.4 7.7

GROSS DOMESTIC PRODUCT 6.5 6.6 7.2 6.5 6.6 6.2 6.0 6.1 6.7 6.2

GROSS NATIONAL INCOME 6.3 6.6 7.3 6.1 6.3 5.9 5.8 5.2 6.6 5.8

================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES
Base Year: 2000 Page 14
As of January 2019
TABLE 8. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN
1ST QUARTER 2016 TO 4TH QUARTER 2018
Implicit Price Index

----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2016 2017 2018 ANNUAL
INDUSTRY Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2016 2017 2018
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. AGRI., HUNTING, FORESTRY AND FISHING 192.4 190.2 203.9 199.6 199.9 201.0 211.1 213.1 214.9 211.6 223.0 218.0 196.7 206.6 216.9
a. Agriculture and forestry 199.0 197.0 211.7 216.1 205.5 206.8 217.8 229.6 220.2 217.4 226.8 233.4 206.4 215.5 224.8
b. Fishing 157.1 156.4 170.4 124.9 169.0 168.9 180.7 135.7 183.7 179.7 205.6 146.3 150.1 161.3 176.0

2. INDUSTRY SECTOR 158.1 155.2 154.8 177.3 161.3 156.6 156.0 177.5 165.6 163.0 164.6 186.6 161.9 163.3 170.5
a. Mining & Quarrying 126.5 104.3 184.7 160.4 158.9 112.8 207.7 179.3 173.0 134.1 209.9 180.5 137.6 156.0 168.8
b. Manufacturing 144.6 135.4 144.4 175.2 145.4 135.7 143.7 173.0 147.9 138.8 149.3 180.6 151.0 150.5 155.1
c. Construction 209.3 205.8 200.0 194.4 215.2 211.0 205.4 198.1 221.3 221.8 218.1 209.6 202.0 207.0 217.3
d. Electricity, Gas and Water Supply 186.5 200.8 132.8 162.2 191.9 206.8 137.0 171.1 203.7 209.4 145.4 182.2 169.3 175.2 183.5

3. SERVICE SECTOR 179.2 182.0 188.0 190.7 184.2 187.0 193.5 195.1 188.6 192.6 200.8 203.6 185.1 190.1 196.6
a. Transport, Storage & Communication 146.1 150.5 155.5 143.3 148.9 153.8 159.0 144.4 150.1 155.3 162.2 148.9 148.6 151.2 153.8
b. Trade and Repair of Motor Vehicles,
Motorcycles, Personal and
Household Goods 187.3 194.2 196.9 196.2 192.8 200.2 201.7 199.8 199.0 209.6 211.8 209.5 194.0 198.9 207.9
c. Financial Intermediation 195.9 197.6 198.4 200.2 202.1 203.7 204.6 206.8 209.8 213.4 215.9 219.1 198.0 204.3 214.5
d. R. Estate, Renting & Business Activities 206.8 196.5 204.2 209.1 211.7 198.4 211.0 213.8 216.1 201.6 214.9 220.3 204.0 208.6 213.1
e. Public Administration & Defense;
Compulsory Social Security 157.0 173.2 176.9 210.5 164.8 181.7 185.5 218.4 168.2 187.7 196.4 231.3 180.5 188.9 197.3
f. Other Services 159.4 164.6 170.9 181.7 162.9 169.2 174.8 186.1 165.7 172.2 180.0 192.1 169.0 173.1 177.4

GROSS DOMESTIC PRODUCT 173.2 173.6 178.3 186.9 177.8 177.8 182.4 190.7 182.9 184.0 190.3 199.0 178.3 182.4 189.3

GROSS NATIONAL INCOME 173.5 175.0 179.2 186.3 177.9 179.5 183.4 190.0 183.0 185.6 191.6 198.6 178.7 182.8 189.9

=========================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 17
Unit: In million pesos As of January 2019

TABLE 9C. NET PRIMARY INCOME FROM THE REST OF THE WORLD
1ST QUARTER 2016 TO 4TH QUARTER 2018
AT CURRENT PRICES
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2016 2017 2018 ANNUAL
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2016 2017 2018
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Net Primary Income from the rest of the world 729,451 723,002 725,303 772,638 785,811 794,861 804,704 814,939 850,139 855,012 888,440 868,210 2,950,394 3,200,314 3,461,800

INFLOW
Compensation 788,454 776,780 786,553 821,178 844,264 845,701 869,025 868,770 909,006 929,202 947,308 935,749 3,172,964 3,427,760 3,721,266
Property Income 21,910 22,675 26,461 25,795 27,717 34,712 32,673 35,223 36,145 40,956 54,856 60,628 96,841 130,325 192,585
TOTAL 810,364 799,455 813,014 846,973 871,981 880,413 901,697 903,994 945,151 970,158 1,002,164 996,377 3,269,805 3,558,084 3,913,850

OUTFLOW
Compensation 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Property Expense 80,913 76,453 87,712 74,335 86,170 85,552 96,994 89,055 95,012 115,146 113,724 128,168 319,412 357,770 452,050
TOTAL 80,913 76,453 87,712 74,335 86,170 85,552 96,994 89,055 95,012 115,146 113,724 128,168 319,412 357,770 452,050
=========================================================================================================================================================================
Source: Philippine Statistics Authority

NATIONAL ACCOUNTS OF THE PHILIPPINES

Unit: In million pesos

TABLE 9D. NET PRIMARY INCOME FROM THE REST OF THE WORLD
1ST QUARTER 2016 TO 4TH QUARTER 2018
AT CONSTANT 2000 PRICES
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2016 2017 2018 ANNUAL
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2016 2017 2018
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Net Primary Income from the rest of the world 417,751 396,385 395,906 422,303 440,541 422,472 428,080 438,045 462,714 439,851 448,801 441,817 1,632,345 1,729,139 1,793,182
INFLOW
Compensation 451,542 425,869 429,339 448,833 473,311 449,494 462,297 466,981 494,754 478,017 478,539 476,186 1,755,583 1,852,083 1,927,496
Property Income 12,548 12,431 14,444 14,099 15,539 18,449 17,381 18,933 19,673 21,069 27,711 30,853 53,522 70,302 99,306
TOTAL 464,090 438,300 443,783 462,932 488,849 467,943 479,678 485,914 514,427 499,086 506,250 507,039 1,809,105 1,922,385 2,026,801

OUTFLOW
Compensation 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Property Expense 46,338 41,915 47,877 40,629 48,308 45,471 51,598 47,869 51,713 59,235 57,448 65,222 176,760 193,246 233,619
TOTAL 46,338 41,915 47,877 40,629 48,308 45,471 51,598 47,869 51,713 59,235 57,448 65,222 176,760 193,246 233,619

=========================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 18
Unit: In Percent As of January 2019

TABLE 9E. NET PRIMARY INCOME FROM THE REST OF THE WORLD
1ST QUARTER 2016 TO 4TH QUARTER 2018
AT CURRENT PRICES
Growth Rates
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16-17 17-18 ANNUAL
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 16-17 17-18
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Net Primary Income from the rest of the world 7.7 9.9 10.9 5.5 8.2 7.6 10.4 6.5 8.5 8.2

INFLOW
Compensation 7.1 8.9 10.5 5.8 7.7 9.9 9.0 7.7 8.0 8.6
Property Income 26.5 53.1 23.5 36.6 30.4 18.0 67.9 72.1 34.6 47.8
TOTAL 7.6 10.1 10.9 6.7 8.4 10.2 11.1 10.2 8.8 10.0

OUTFLOW
Compensation - - - - - - - - - -
Property Expense 6.5 11.9 10.6 19.8 10.3 34.6 17.2 43.9 12.0 26.4
TOTAL 6.5 11.9 10.6 19.8 10.3 34.6 17.2 43.9 12.0 26.4
================================================================================================================================================================
Source: Philippine Statistics Authority

NATIONAL ACCOUNTS OF THE PHILIPPINES

Unit: In Percent

TABLE 9F. NET PRIMARY INCOME FROM THE REST OF THE WORLD
1ST QUARTER 2016 TO 4TH QUARTER 2018
AT CONSTANT 2000 PRICES
Growth Rates
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16-17 17-18 ANNUAL
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 16-17 17-18
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Net Primary Income from the rest of the world 5.5 6.6 8.1 3.7 5.0 4.1 4.8 0.9 5.9 3.7

INFLOW
Compensation 4.8 5.5 7.7 4.0 4.5 6.3 3.5 2.0 5.5 4.1
Property Income 23.8 48.4 20.3 34.3 26.6 14.2 59.4 63.0 31.4 41.3
TOTAL 5.3 6.8 8.1 5.0 5.2 6.7 5.5 4.3 6.3 5.4
OUTFLOW
Compensation - - - - - - - - - -
Property Expense 4.3 8.5 7.8 17.8 7.0 30.3 11.3 36.3 9.3 20.9
TOTAL 4.3 8.5 7.8 17.8 7.0 30.3 11.3 36.3 9.3 20.9
================================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 15
Unit: In Pesos As of January 2019

TABLE 9A. PER CAPITA: GROSS DOMESTIC PRODUCT, GROSS NATIONAL INCOME, AND HOUSEHOLD FINAL CONSUMPTION EXPENDITURE
1ST QUARTER 2016 TO 4TH QUARTER 2018

----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2016 2017 2018 ANNUAL
TYPE OF EXPENDITURE Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2016 2017 2018
----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

A. Estimates in current pesos

1. GROSS DOMESTIC PRODUCT 31,847 35,068 33,676 39,617 34,305 37,761 36,394 42,442 37,012 40,832 39,631 46,235 140,251 150,650 163,443
2. GROSS NATIONAL INCOME 38,956 42,085 40,686 47,055 41,854 45,367 44,063 50,178 45,049 48,884 47,965 54,348 168,828 181,152 195,918
3. HOUSEHOLD FINAL CONSUMPTION
EXPENDITURE 23,969 25,435 24,892 29,050 25,819 27,333 26,609 31,115 27,821 29,786 29,175 34,115 103,376 110,687 120,699

B. Estimates in constant (2000) pesos

1. GROSS DOMESTIC PRODUCT 18,386 20,199 18,884 21,193 19,295 21,238 19,951 22,256 20,237 22,195 20,821 23,234 78,676 82,592 86,334
2. GROSS NATIONAL INCOME 22,457 24,047 22,711 25,258 23,527 25,281 24,031 26,414 24,612 26,337 25,031 27,362 94,487 99,073 103,156
3. HOUSEHOLD FINAL CONSUMPTION
EXPENDITURE 12,861 13,463 12,910 15,404 13,423 14,065 13,412 16,134 13,964 14,663 13,887 16,743 54,652 56,936 59,157

C. Population* 102.6 103.0 103.5 103.9 104.1 104.5 104.9 105.3 105.8 106.2 106.6 107.0 103.2 104.9 106.6
(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 January 2019

TABLE 9B. PER CAPITA: GROSS DOMESTIC PRODUCT, GROSS NATIONAL INCOME, AND HOUSEHOLD FINAL CONSUMPTION EXPENDITURE
1ST QUARTER 2016 TO 4TH QUARTER 2018
Growth Rates
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
16-17 17-18 ANNUAL
TYPE OF EXPENDITURE Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 16-17 17-18
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

A. Estimates in current pesos

1. GROSS DOMESTIC PRODUCT 7.7 7.7 8.1 7.1 7.9 8.1 8.9 8.9 7.4 8.5
2. GROSS NATIONAL INCOME 7.4 7.8 8.3 6.6 7.6 7.8 8.9 8.3 7.3 8.2
3. HOUSEHOLD FINAL CONSUMPTION
EXPENDITURE 7.7 7.5 6.9 7.1 7.8 9.0 9.6 9.6 7.1 9.0

B. Estimates in constant (2000) pesos

1. GROSS DOMESTIC PRODUCT 4.9 5.1 5.7 5.0 4.9 4.5 4.4 4.4 5.0 4.5
2. GROSS NATIONAL INCOME 4.8 5.1 5.8 4.6 4.6 4.2 4.2 3.6 4.9 4.1
3. HOUSEHOLD FINAL CONSUMPTION
EXPENDITURE 4.4 4.5 3.9 4.7 4.0 4.3 3.5 3.8 4.2 3.9

================================================================================================================================================================
Source: Philippine Statistics Authority
Check the formula next estimation
NOTE: Use 2nd Quarter Population for the Annua
NOTE: Use 2nd Quarter Population for the Annual Population.