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3rd Quarter 2006
Gross National Product & Gross Domestic Product

by Expenditure Shares

GROSS DOMESTIC PRODUCT AND GROSS NATIONAL PRODUCT
BY EXPENDITURE SHARES: 
3rd Quarter 2006 and 3rd Quarter 2005
IN MILLION PESOS

At Constant 1985 Prices

TYPE OF EXPENDITURE 3rd Qtr 2005 3rd Qtr 2006 Growth Rate (%)

1. Personal Consumption Expenditure

232,848 245,144 5.3

2. Government Consumption

19,472 19,543 0.4

3. Capital Formation

49,502 51,688 4.4

4. Exports

165,287 180,402 9.1
       

5. Less: Imports

167,902 169,959 1.2
6. Statistical Discrepancy -5,145 -18,652  
       
GROSS DOMESTIC PRODUCT 294,063 308,166 4.8
       
Net factor income from the rest of the world 26,167 30,639  
       
GROSS NATIONAL PRODUCT 320,230 338,805 5.8
       
MEMORANDUM ITEMS:
Trading gain (loss) from changes in the terms of trade
-14,258 -17,153  
       
GROSS NATIONAL INCOME 305,972 321,652  

At Current Prices

TYPE OF EXPENDITURE 3rd Qtr 2005 3rd Qtr 2006 Growth Rate (%)

1. Personal Consumption Expenditure

937,504 1,048,077 11.8

2. Government Consumption

127,645 134,885 5.7

3. Capital Formation

187,801 212,645 13.2

4. Exports

672,280 720,787 7.2
       

5. Less: Imports

743,974 748,975 0.7
6. Statistical Discrepancy 155,600 105,323  
       
GROSS DOMESTIC PRODUCT 1,336,856 1,472,742 10.2
       
Net factor income from the rest of the world 109,014 135,140  
       
GROSS NATIONAL PRODUCT 1,445,870 1,607,881 11.2

 

Source: National Statistical Coordination Board (NSCB)

Posted Novermber 29, 2006.

 

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