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Announcement
NSCB Issues Errata on 2001-2003 Per Capita GDP, GNP and PCE Estimates 
(posted 13 July 2004)
The NSCB issues errata on the estimates of per capita GDP, GNP and PCE from 2001-2003. The corrections are on the population figures. Annual population figures are based on end-of-2nd quarter estimates (as of June 30 of the respective year) instead of the mid-quarter estimates.
Table 9A: PER CAPITA: GROSS DOMESTIC PRODUCT, GROSS NATIONAL PRODUCT, and PERSONAL CONSUMPTION EXPENDITURE
2001-2003
as of May 2004
TYPE OF EXPENDITURE |
2001 |
2002 |
2003 |
| A. Estimates in current pesos |
|
|
|
|
|
|
|
1. GROSS DOMESTIC PRODUCT |
46,343 |
49,372 |
52,393 |
2. GROSS NATIONAL PRODUCT |
49,472 |
52,660 |
56,273 |
3. PERSONAL CONSUMPTION |
32,734 |
34,300 |
36,409 |
EXPENDITURE |
|
|
|
|
|
|
|
| B. Estimates in constant pesos |
|
|
|
|
|
|
|
1. GROSS DOMESTIC PRODUCT |
12,635 |
12,880 |
13,178 |
2. GROSS NATIONAL PRODUCT |
13,544 |
13,803 |
14,241 |
3. PERSONAL CONSUMPTION |
9,941 |
10,109 |
10,401 |
EXPENDITURE |
|
|
|
|
|
|
|
C. Population * |
78.36 |
80.20 |
82.07 |
(million persons) |
|
|
|
* Starting May 2004, population estimates are based on NSCB Resolution No. 2 (series of 2002), Adoption of the Decennial Census-Based Population. Quarterly population estimates are the midquarter estimates instead of the end-of-quarter estimates.
Correct figures:
TYPE OF EXPENDITURE |
2001 |
2002 |
2003 |
| A. Estimates in current pesos |
|
|
|
|
|
|
|
1. GROSS DOMESTIC PRODUCT |
46,208 |
49,231 |
52,241 |
2. GROSS NATIONAL PRODUCT |
49,327 |
52,509 |
56,109 |
3. PERSONAL CONSUMPTION |
32,638 |
34,202 |
36,303 |
EXPENDITURE |
|
|
|
|
|
|
|
| B. Estimates in constant pesos |
|
|
|
|
|
|
|
1. GROSS DOMESTIC PRODUCT |
12,598 |
12,843 |
13,139 |
2. GROSS NATIONAL PRODUCT |
13,504 |
13,764 |
14,200 |
3. PERSONAL CONSUMPTION |
9,912 |
10,080 |
10,370 |
EXPENDITURE |
|
|
|
|
|
|
|
C. Population * |
78.59 |
80.43 |
82.31 |
(million persons) |
|
|
|
* Starting May 2004, population estimates are based on NSCB Resolution No. 2 (series of 2002), Adoption of the Decennial Census-Based Population. Annual population estimates are the end-of-2nd quarter estimates (as of June 30 of the respective year)
Table 9B: PER CAPITA: GROSS DOMESTIC PRODUCT, GROSS NATIONAL PRODUCT, and PERSONAL CONSUMPTION EXPENDITURE
2001-2003
Growth Rates
as of May 2004
TYPE OF EXPENDITURE |
01-02 |
02-03 |
| A. Estimates in current pesos |
|
|
|
|
|
1. GROSS DOMESTIC PRODUCT |
6.5 |
6.1 |
2. GROSS NATIONAL PRODUCT |
6.4 |
6.9 |
3. PERSONAL CONSUMPTION |
4.8 |
6.2 |
EXPENDITURE |
|
|
|
|
|
| B. Estimates in constant pesos |
|
|
|
|
|
1. GROSS DOMESTIC PRODUCT |
1.9 |
2.3 |
2. GROSS NATIONAL PRODUCT |
1.9 |
3.2 |
3. PERSONAL CONSUMPTION |
1.7 |
2.9 |
EXPENDITURE |
|
|
|
|
|
C. Population |
2.3 |
2.3 |
|
|
Source: Economic Statistics Office, National Statistical Coordination Board
Correct figures:
TYPE OF EXPENDITURE |
01-02 |
02-03 |
| A. Estimates in current pesos |
|
|
|
|
|
1. GROSS DOMESTIC PRODUCT |
6.5 |
6.1 |
2. GROSS NATIONAL PRODUCT |
6.5 |
6.9 |
3. PERSONAL CONSUMPTION |
4.8 |
6.1 |
EXPENDITURE |
|
|
|
|
|
| B. Estimates in constant pesos |
|
|
|
|
|
1. GROSS DOMESTIC PRODUCT |
1.9 |
2.3 |
2. GROSS NATIONAL PRODUCT |
1.9 |
3.2 |
3. PERSONAL CONSUMPTION |
1.7 |
2.9 |
EXPENDITURE |
|
|
|
|
|
C. Population |
2.3 |
2.3 |
|
|
|
Source: Economic Statistics Office, National Statistical Coordination Board
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