NSCB - First Quarter 2006 GNP - by Expenditure Shares

GROSS DOMESTIC PRODUCT AND GROSS NATIONAL PRODUCT
BY EXPENDITURE SHARES:
1st Quarter 2006 and 1st Quarter 2005
IN MILLION PESOS

At Constant 1985 Prices

TYPE OF EXPENDITURE	1st Qtr 2005	1st Qtr 2006	Growth Rate (%)
1. Personal Consumption Expenditure	216,422	227,403	5.1
2. Government Consumption	19,076	20,868	9.4
3. Capital Formation	56,935	55,411	-2.7
4. Exports	124,646	139,875	12.2

5. Less: Imports	147,730	148,649	0.6
6. Statistical Discrepancy	12,225	2,196

GROSS DOMESTIC PRODUCT	281,574	297,104	5.5

Net factor income from the rest of the world	25,894	28,180

GROSS NATIONAL PRODUCT	307,469	325,284	5.8

MEMORANDUM ITEMS: Trading gain (loss) from changes in the terms of trade	14,949	11,503

GROSS NATIONAL INCOME	322,418	336,787

At Current Prices

TYPE OF EXPENDITURE	1st Qtr 2005	1st Qtr 2006	Growth Rate (%)
1. Personal Consumption Expenditure	850,035	958,805	12.8
2. Government Consumption	121,363	134,026	10.4
3. Capital Formation	190,203	201,421	5.9
4. Exports	595,256	648,737	9.0

5. Less: Imports	632,080	636,562	0.7
6. Statistical Discrepancy	97,236	61,044

GROSS DOMESTIC PRODUCT	1,222,014	1,367,471	11.9

Net factor income from the rest of the world	103,098	119,986

GROSS NATIONAL PRODUCT	1,325,113	1,487,457	12.3

GROSS DOMESTIC PRODUCT AND GROSS NATIONAL PRODUCT
BY EXPENDITURE SHARES:
2004 and 2005
IN MILLION PESOS

TYPE OF EXPENDITURE	AT CURRENT PRICES		AT CONSTANT PRICES
TYPE OF EXPENDITURE	2004	2005	2004	2005

1. Personal Consumption Expenditure	3,344,220	3,773,142	903,131	947,747
2. Government Consumption	492,110	525,690	75,455	78,487
3. Capital Formation	815,908	820,514	234,065	219,926
4. Exports	2,470,662	2,564,352	537,173	559,541
5. Less : Imports	2,659,009	2,816,077	628,911	643,807
6. Statistical discrepancy	394,944	551,219	31,260	47,579

Net factor income from the rest of the world	376,389	457,459	98,014	111,208

GROSS NATIONAL PRODUCT	5,235,224	5,876,298	1,250,188	1,320,681

MEMORANDUM ITEMS: Trading gain (loss) from changes in the terms of trade			48,488	27,709

Gross National Income			1,298,676	1,348,390

Source: National Statistical Coordination Board (NSCB)

Posted May 31, 2006.


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