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Input-Output Tables of the Philippines
Highlights of Results 
Supply and Demand Situation
The supply and demand situation in 1988 and 1994, as extracted from the input-output transactions table, is summarized in Table 1. In 1994, total supply of goods and services measured at current producer's prices amounted to 3,975.3 billion pesos. Of this amount, 83.9 percent came from domestic production while the rest was sourced from imports. While domestic production still constitutes the bigger bulk of supply, it can be noted that the share of imports to total supply has increased from 14.0 percent in 1988 to 16.1 percent in 1994.
On the demand side, the share of domestic (home) demand for goods and services relative to total demand has slightly decreased from 86.8 percent in 1988 to 86.5 percent in 1994. On the other hand, export's share to total demand has slightly increased from 13.2 percent in 1988 to 13.5 percent in 1994.
The decline in the share of domestic demand to total demand can be traced to the decelerating share of industry demand for raw materials and services and the declining share in final demand from household and government. But it is noteworthy that the share of investment demand has increased. From 8.8 percent in 1988, the share of investment demand to total demand has increased to 10.4 percent in 1994.
Table 1. Supply and Demand Situation:
1988 and 1994
(Value in billion pesos, at current prices)
| Item | 1988 | 1994 | ||
| Value | Percent | Value | Percent | |
| Total Supply | 1,716.4 | 100.0 | 3,975.3 | 100.0 |
| Domestic Production | 1,475.9 | 86.0 | 3,335.6 | 83.9 |
| Imports | 240.5 | 14.0 | 639.7 | 16.1 |
| Total Demand | 1,716.3 | 100.0 | 3,975.3 | 100.0 |
| Domestic Demand | 1,489.9 | 86.8 | 3,439.8 | 86.5 |
| Intermediate | 699.7 | 40.8 | 1,585.3 | 39.9 |
| Final | 790.2 | 46.0 | 1,854.5 | 46.7 |
| Consumption | 640.0 | 37.3 | 1,439.4 | 36.2 |
| Investment | 150.2 | 8.8 | 415.1 | 10.4 |
| Exports | 226.4 | 13.2 | 535.5 | 13.5 |
Source: National Statistical Coordination Board
Output Structure
Total industrial production reached 3,335.6 billion pesos in 1994. Table 2 shows a comparison of the distribution of output in 1988 and 1994. As can be seen from the table, there has been a shift in production patterns from primary and secondary industries to tertiary industries.
The share of agriculture as well as the industry sectors except electricity, steam and water dropped, while the share of the services sectors particularly trade, finance, real estate and private services grew.
Table 2. Industry Output: 1988 and 1994
(Value in million pesos, at current prices)
Industry |
1988 | 1994 | ||
| Value | Percent | Value | Percent | |
| Agri., Fishery & Forestry | 230,530 | 15.6 | 480,611 | 14.4 |
| Mining and Quarrying | 26,418 | 1.8 | 32,184 | 1.0 |
| Manufacturing | 600,657 | 40.7 | 1,266,226 | 38.0 |
| Construction | 82,828 | 5.6 | 176,224 | 5.3 |
| Electricity, Steam & Water | 32,176 | 2.2 | 89,635 | 2.7 |
| Transp., Commn., Storage | 87,738 | 5.9 | 190,435 | 5.7 |
| Trade | 143,655 | 9.7 | 366,611 | 11.0 |
| Finance | 36,318 | 2.5 | 133,320 | 4.0 |
| Real Estate and Ownership of Dwellings | 51,177 | 3.5 | 146,060 | 4.4 |
| Private Services | 97,563 | 6.6 | 270,916 | 8.1 |
| Government Services | 73,153 | 5.0 | 183,405 | 5.5 |
| Unclassified | 13,638 | 0.9 | ||
| All sectors | 1,475,851 | 100.0 | 3,335,627 | 100.0 |
Source: National Statistical Coordination Board
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