NSCB - First Semester 2002 GNP - Details of Factor Flows From and To The Rest of the World

Net Factor Income from Abroad (NFIA) continued to grow although at a decelerated pace of 14.0% during the first half of the year from 16.0% in 2001. Growth in NFIA was brought about by the increase in deployment for both land-based and sea-based workers and lower interest payments during the period. NFIA accounts for about 6.8% of total GNP and contributed 0.9 percentage point to the 4.7% growth of GNP.

DETAILS OF FACTOR FLOWS FROM AND TO THE REST OF THE WORLD
1st Semester 2002 and 1st Semester 2001
In Million Pesos

I T E M S	1st Sem 2002	1st Sem 2001
INFLOW (Exports)
Compensation	191,354	179,045
Property Income	22,071	29,873
Total Current Prices	213,425	208,918
Constant 1985 Prices	60,189	61,412
OUTFLOW (Imports)
Compensation	0	0
Property Expense	86,047	101,759
Total Current Prices	86,047	101,759
Constant 1985 Prices	24,273	29,913

NET FACTOR INCOME
Current Prices	127,378	107,159
Constant 1985 Prices	35,916	31,499

Source: National Statistical Coordination Board

Data are as of 29 August 2002.