Second Quarter 2005
Gross National Product & Gross Domestic Product
Sources of Revision ![]()
as of August 2005
Expenditure Accounts
| Q1 2005 Growth Rates Expenditure Accounts |
2004-2005 | Reasons for revisions | ||
As of May 2005 |
As of August 2005 |
Change |
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| 1. Personal Consumption Expenditure | |
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|
Current |
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|
|
Availability of more updated data on sales, production stocks and Foreign trade. |
Q1 |
13.3 |
13.3 |
0.0 |
|
Constant |
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|
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|
Q1 |
5.0 |
5.0 |
0.0 |
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| 2. Government Consumption Expenditure | |
|
|
|
Current |
|
|
|
Revise Q1 2005 Cash Disbursement of PS and OE from DBM. |
Q1 |
5.8 |
6.9 |
1.1 |
|
Constant |
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|
|
|
Q1 |
-0.9 |
0.6 |
1.5 |
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| 3. Capital Formation | |
|
|
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Current |
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|
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|
Q1 |
2.3 |
-2.3 |
-4.6 |
|
Constant |
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|
Q1 |
-4.1 |
-7.4 |
-3.3 |
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| A. Fixed Capital | |
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Current |
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|
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|
Q1 |
5.3 |
2.0 |
-3.3 |
|
Constant |
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|
|
|
Q1 |
-2.4 |
-4.4 |
-2.0 |
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| |
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| 1. Construction | |
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Availability of the updated Q1 2005 QSPBI from NSO. Availability of the Q1 Statement of Financial Operations of the 14 MNFGCs from DOF Revised: Updated Q1 PSP Program from BOT Center |
Current |
|
|
|
|
Q1 |
14.0 |
11.4 |
-2.6 |
|
Constant |
|
|
|
|
Q1 |
5.6 |
3.3 |
-2.3 |
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| |
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| 2. Durable Equipment | |
|
|
|
current |
|
|
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Availability of March FTS data. Updates on Manufacturing Sector Estimates. |
Q1 |
-2.5 |
-7.3 |
-4.8 |
|
constant |
|
|
|
|
Q1 |
-7.5 |
-9.7 |
-2.2 |
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| |
|
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| 3. Breeding Stocks & Orchard Dev't | |
|
|
|
current |
|
|
|
Revision of data on Price from BAS. Corrections of Q1 Agriculture estimates. |
Q1 |
6.7 |
10.3 |
3.6 |
|
constant |
|
|
|
|
Q1 |
-0.4 |
0.3 |
0.7 |
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| |
|
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| B. Change in Stocks | |
|
|
|
current |
|
|
|
Updated/revised data from FTS (imports/exports), MISSI, QSPBI & DOF. |
Q1 |
11,482 |
8,336 |
-3146 |
|
constant |
|
|
|
|
Q1 |
3,819 |
2,890 |
-929 |
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| |
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| 4. Exports | |
|
|
|
current |
|
|
|
|
Q1 |
5.3 |
5.8 |
0.5 |
|
constant |
|
|
|
|
Q1 |
3.1 |
3.4 |
0.3 |
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| |
|
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| A. Total Mdse Exports | |
|
|
|
current |
|
|
|
Revised March 2005 data & updated 93104 Imports |
Q1 |
4.7 |
4.7 |
0.0 |
|
constant |
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|
|
|
Q1 |
3.2 |
3.1 |
-0.1 |
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| |
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| B. Non-Factor Services | |
|
|
|
current |
|
|
|
Revised BOP data for Q1 2005. Availability of January 2005 data for Travel. |
Q1 |
10.5 |
14.5 |
4.0 |
|
constant |
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|
|
|
Q1 |
2.7 |
5.2 |
2.5 |
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| |
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| 5. Imports | |
|
|
|
current |
|
|
|
|
Q1 |
-2.1 |
-3.2 |
-1.1 |
|
constant |
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|
|
|
Q1 |
-4.0 |
-3.5 |
0.5 |
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| |
|
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| A. Total Mdse Imports | |
|
|
|
current |
|
|
|
|
Q1 |
-2.8 |
-3.8 |
-1.0 |
|
constant |
|
|
|
|
Q1 |
-4.7 |
-4.0 |
0.7 |
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| |
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| B. Non-Factor Services | |
|
|
|
current |
|
|
|
Revised BOP data for Q1 2005. |
Q1 |
7.4 |
5.2 |
-2.2 |
|
constant |
|
|
|
|
Q1 |
8.0 |
6.0 |
-2.0 |
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| |
|
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| 6. NFIA | |
|
|
|
current |
|
|
|
Revised BOP data & POEA data for Q1 2005. |
Q1 |
14.9 |
15.9 |
1.0 |
|
constant |
|
|
|
|
Q1 |
6.7 |
7.6 |
0.9 |
|
| |
|
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Production Accounts
Q1 2005 Growth Rates Production Accounts |
2004-2005 |
Reasons for revisions |
||
As of May 2005 |
As of August 2005 |
Change |
||
| 1. Agriculture, Fishery, Forestry | ||||
current |
Updated BAS, FMB data. | |||
Q1 |
7.1 | 7.5 | 0.4 | |
constant |
||||
Q1 |
-0.2 | -0.1 | 0.1 | |
| 2. Industry | ||||
current |
||||
Q1 |
13.7 | 11.4 | -2.3 | |
constant |
||||
Q1 |
4.2 | 4.2 | 0.0 | |
| a. Mining and Quarrying | ||||
current |
Availability of updated data Q1 2005 QSPBI from NSO. Revised MGB, DOE data Revised Coal price |
|||
Q1 |
14.0 | 10.7 | -3.3 | |
| constant |
||||
Q1 |
-4.4 | -3.8 | 0.6 | |
| b. Manufacturing | ||||
current |
Updated MISSI, DOE AND PHILCEMCOR data | |||
Q1 |
11.3 | 8.8 | -2.5 | |
constant |
||||
Q1 |
4.2 | 4.9 | 0.7 | |
| c. Construction | ||||
current |
Availability of the updated Q1 2005 QSPBI from NSO. Availability of the Q1 Statement of Financial Operations of the 14 MNFGCs from DOF Revised: Q1 Actual Cash Disbursement for Capital Outlays from DBM. Updated Q1 PSP Program from BOT Center Updated Q1 Building permits from NSO. |
|||
Q1 |
14.1 | 11.5 | -2.6 | |
constant |
||||
Q1 |
7.9 | 5.9 | -2.0 | |
| |
||||
| d. Electricity, Gas, Water | ||||
current |
Availability of the updated - Q1 2005 (90 days ) QSPBI from NSO, MWSI data, complete list/data from NPC. | |||
Q1 |
29.3 | 29.3 | 0.0 | |
constant |
||||
Q1 |
5.6 | 2.1 | -3.5 | |
| 3. Services | ||||
current |
||||
Q1 |
12.5 | 12.6 | 0.1 | |
constant |
||||
Q1 |
6.9 | 7.1 | 0.2 | |
| a. Transport., Comm., Storage | ||||
current |
Updated Q1 2005 QSPBI, F/S of First Phil. Holdings on NLEX operation. | |||
Q1 |
14.9 | 15.3 | 0.4 | |
constant |
||||
Q1 |
9.6 | 10.7 | 1.1 | |
| b. Trade | ||||
current |
Availability of the updated - Q1 2005 QSPBI, February & March 2005 General WPI. | |||
Q1 |
14.4 | 14.1 | -0.3 | |
constant |
||||
Q1 |
6.0 | 5.7 | -0.3 | |
| c. Finance | ||||
current |
Update 90 days QSPBI. | |||
Q1 |
20.4 | 21.7 | 1.3 | |
constant |
||||
Q1 |
11.1 | 12.3 | 1.2 | |
| d. O. Dwellings & R. Estate | ||||
current |
Availability of the updated - Q1 2005 (90 days ) QSPBI & additional FS from source companies. | |||
Q1 |
10.7 | 10.5 | -0.2 | |
constant |
||||
Q1 |
6.8 | 6.6 | -0.2 | |
| e. Private Services | ||||
current |
Updated Q1 2005 QSPBI. | |||
Q1 |
9.6 | 9.8 | 0.2 | |
constant |
||||
Q1 |
4.6 | 4.6 | 0.0 | |
| f. Government Services | ||||
current |
Revise Q1 2005 Cash Disbursement of PS and OE from DBM. | |||
Q1 |
8.8 | 8.8 | 0.0 | |
constant |
||||
Q1 |
4.3 | 4.2 | -0.1 | |
| GROSS DOMESTIC PRODUCT | ||||
current |
||||
Q1 |
12.1 | 11.4 | -0.7 | |
constant |
||||
Q1 |
4.6 | 4.6 | 0.0 | |
| GROSS NATIONAL PRODUCT | ||||
current |
||||
Q1 |
12.2 | 11.7 | -0.5 | |
constant |
||||
Q1 |
4.7 | 4.8 | 0.1 | |
NATIONAL ACCOUNTS OF THE PHILIPPINES |
| Main Page |
2nd Quarter 2005 |
| Main Page | by Industrial Origin |
| by Expenditure Share |
| Per Capita GNP |
| Details of Factor Flows |
| Seasonally Adjusted Series |
| Sources of Revision |
| Press Release |
RELATED LINKS |
| Time Series Table |
| SNA Technical Notes |
| Publication |