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4th Quarter 2005
Gross National Product & Gross Domestic Product

Sources of Revision
as of January 2006

Expenditure Accounts

Q3 2004 - 2005        
Growth Rates      
Expenditure Accounts As of Nov. 2005 As of Jan. 2006 Change Reasons for revisions
1. Personal Consumption Expenditure        
         
Current        
Q3 12.5 12.3 -0.2  
Constant       Availability of MWSI data and updated data on production.
Q3 4.8 4.8 0.0  
         
2. Government Consumption Expenditure        
         
Current        
Q3 1.1 1.1 0.0  
Constant       Updated actual disbursement.
Q3 -2.1 -2.0 0.1  
         
3. Capital Formation        
         
Current        
Q3 0.6 2.3 1.7  
Constant        
Q3 -2.9 -1.3 1.6  
         
A. Fixed Capital        
         
Current        
Q3 3.0 5.0 2.0  
Constant        
Q3 -3.8 -2.1 1.7  
         
1. Construction        
         
Current        
Q3 1.6 6.4 4.8  
Constant       Due to updated (90 days QSPBI), updated data from DBM for Public Construction.
Q3 -4.4 -0.1 4.3  
         
2. Durable Equipment        
         
Current        
Q3 4.1 3.4 -0.7 Updated September 2005 imports data (FTS).
Constant       Revisions in Manufacturing sector estimates.
Q3 -3.9 -4.5 -0.6  
         
3. Breeding Stocks & Orchard Dev't        
         
Current        
Q3 6.0 6.7 0.7  
Constant       Due to revised/updated data from BAS, FMB, & NSO.
Q3 2.0 2.6 0.6  
         
B. Change in Stocks        
         
Current        
Q3 -8,733 -9,347 -614  
Constant       Due to Sept. 2005 imports, updated MISSI for Q3 2005 & QSPBI 90 days.
Q3 -1,063 -1,107 -45  
         
4. Exports        
         
Current        
Q3 4.1 3.6 -0.5  
Constant        
Q3 3.9 3.5 -0.4  
         
A. Total Mdse Exports        
         
Current        
Q3 2.6 2.6 0.0  
Constant       No revisions
Q3 3.2 3.2 0.0  
         
B. Non-Factor Services        
         
Current        
Q3 18.2 13.3 -4.9  
Constant       Revised BOP data for Q3 2005.
Q3 10.3 5.6 -4.7  
         
5. Imports        
         
Current        
Q3 12.0 12.1 0.1  
Constant        
Q3 7.5 7.7 0.2  
         
A. Total Mdse Imports        
         
Current        
Q3 12.8 12.9 0.1  
Constant       Updated data for Sept. 2005
Q3 8.2 8.3 0.1  
         
B. Non-Factor Services        
         
Current        
Q3 -0.3 0.4 0.7  
Constant       Revised BOP for Q3 2005.
Q3 -3.6 -3.0 0.6  
         
6. NFIA        
         
Current        
Q3 48.0 35.9 -12.1  
Constant       Revised BOP & POEA data for Q3 2005.
Q3 38.7 27.5 -11.2  
         

 

Production Accounts

Q3 2004 - 2005        
Growth Rates      
Production Accounts As of Nov. 2005 As of Jan. 2006 Change Reasons for revisions
1. Agriculture, Fishery, Forestry        
         
current        
Q3 4.0 2.6 -1.4  
constant       Updated/revised data of Q3 from BAS, SRA, FMB & NIA.
Q3 1.8 1.9 0.1  
         
2. Industry        
         
current        
Q3 13.9 15.0 1.1  
constant        
Q3 3.9 4.7 0.8  
         
a. Mining and Quarrying        
         
current        
Q3 11.4 11.4 0.0  
constant       Revised MGB & DOE data
Q3 3.2 3.5 0.3  
         
b. Manufacturing        
         
current        
Q3 14.6 15.3 0.7  
constant       Updated on MISSI, DOE & SRA.
Q3 5.5 5.7 0.2  
         
c. Construction        
         
current        
Q3 1.6 6.2 4.6  
constant       Due to updated (90 days QSPBI), updated data from DBM for Public Construction.
Q3 -3.0 1.1 4.1  
         
d. Electricity, Gas, Water        
         
current        
Q3 27.0 27.0 0.0  
constant       Minor revision due to QSPBI (90 days) but not reflected/
Q3 1.8 1.8 0.0 affects the growth.
         
3. Services        
         
current        
Q3 10.1 10.3 0.2  
constant        
Q3 5.1 5.4 0.3  
         
a. Transport., Comm., Storage        
         
current        
Q3 10.6 9.5 -1.1  
constant       Updated of QSPBI (90 days QSPBI ) inclusion of Harbour
Q3 5.2 4.2 -1.0 Center Port Terminal Incorporated.
         
b. Trade        
         
current        
Q3 12.9 13.1 0.2  
constant       Updated QSPBI
Q3 4.9 5.1 0.2 Availability of September WPI
         
c. Finance        
         
current        
  23.8 27.7 3.9  
constant       Updated QSPBI data (90 days)
Q3 15.6 19.3 3.7  
         
d. O. Dwellings & R. Estate        
         
current        
Q3 9.0 8.9 -0.1  
constant       Updated QSPBI data (90 days)
Q3 4.2 4.0 -0.2  
         
e. Private Services        
         
current        
Q3 8.3 8.3 0.0  
constant       Updated QSPBI data (90 days)
Q3 3.1 3.2 0.1  
         
f. Government Services        
         
current        
Q3 0.6 0.5 -0.1  
constant       Revision of actual disbursement fromDBM .
Q3 -1.1 -1.2 -0.1  
         
GROSS DOMESTIC PRODUCT        
         
current        
Q3 10.4 10.7 0.3  
constant        
Q3 4.1 4.5 0.4  
         
GROSS NATIONAL PRODUCT        
         
current        
Q3 12.8 12.3 -0.5  
constant        
Q3 6.5 6.1 -0.4  
         

 

 

 

 

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4th Quarter 2005
Main Page
by Industrial Origin
by Expenditure Share
Per Capita GNP
Details of Factor Flows
Seasonally Adjusted Series
Sources of Revision
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