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Second Quarter 2007
Gross National Product & Gross Domestic Product

by Expenditure Shares

GROSS DOMESTIC PRODUCT AND GROSS NATIONAL PRODUCT
BY EXPENDITURE SHARES: 
2nd Quarter 2006 and 2nd Quarter 2007
IN MILLION PESOS

At Constant 1985 Prices

TYPE OF EXPENDITURE Q2 2006 Q2 2007 Growth Rate
(%)

1. Personal Consumption Expenditure

247,830 262,719 6.0

2. Government Consumption

22,488 25,535 13.5

3. Capital Formation

53,233 57,575 8.2

4. Exports

162,595 169,420 4.2

5. Less : Imports

173,684 154,160 -11.2
6. Statistical Discrepancy 893 -24,242  
       
GROSS DOMESTIC PRODUCT 313,355 336,846 7.5
Net factor income from the rest of the world 31,946 37,247  
GROSS NATIONAL PRODUCT 345,301 374,093 8.3
       
MEMORANDUM ITEMS: Trading gain (loss) from changes in the terms of trade 2,203 -14,894  
       
Gross National Income 347,504 359,199  

At Current Prices

TYPE OF EXPENDITURE Q2 2006 Q2 2007 Growth Rate
(%)

1. Personal Consumption Expenditure

1,041,328 1,131,920 8.7

2. Government Consumption

157,214 176,208 12.1

3. Capital Formation

215,322 235,700 9.5

4. Exports

718,226 686,233 -4.5

5. Less : Imports

757,222 684,679 -9.6
6. Statistical Discrepancy 81,463 59,702  
       
GROSS DOMESTIC PRODUCT 1,456,333 1,605,084 10.2
       
Net factor income from the rest of the world 139,467 166,220  
       
GROSS NATIONAL PRODUCT 1,595,800 1,771,304 11.0

 

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

TYPE OF EXPENDITURE         AT CURRENT PRICES        AT CONSTANT PRICES
2005 2006 Growth Rate
(%)
2005 2006 Growth Rate
(%)
1. Personal Consumption   Expenditure 3,773,038 4,226,120 12.0 947,561 999,217 5.5
2. Government Consumption 521,664 587,463 12.6 76,669 81,371 6.1
3. Capital Formation 793,989 864,531 8.9 213,534 219,286 2.7
4. Exports 2,589,739 2,797,986 8.0 565,742 629,093 11.2
5. Less : Imports 2,816,243 2,873,562 2.0 643,839 655,791 1.9
6. Statistical discrepancy 575,719 430,086   50,830 3,258  
             
GROSS DOMESTIC PRODUCT 5,437,905 6,032,624 10.9 1,210,497 1,276,435 5.4
             
Net factor income from the  rest of the world 447,145 537,687   108,610 123,092  
             
GROSS NATIONAL PRODUCT 5,885,050 6,570,310 11.6 1,319,107 1,399,527 6.1
             
MEMORANDUM ITEMS:
Trading gain (loss) from changes in the terms of trade
      27,181 9,720  
             
   Gross National Income       1,346,288 1,409,247  

 

Source: National Statistical Coordination Board (NSCB)

Posted August 30, 2007.

 

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