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Second Quarter 2007
Gross National Product & Gross Domestic Product

Per Capita
Gross Domestic Product, Gross National Product and
Personal Consumption Expenditure

Per capita GDP grew at an accelerated rate of 5.4 percent from 3.4 percent in the previous year while per capita GNP went up further at a higher rate of 6.2 percent from 4.3 percent.  Per capita PCE increased faster at 3.9 percent from 3.3 percent.

PER CAPITA: GROSS DOMESTIC PRODUCT, GROSS NATIONAL PRODUCT, and PERSONAL CONSUMPTION EXPENDITURE
2nd QUARTER 2006 and 2nd QUARTER 2007

TYPE OF EXPENDITURE Q2 2006 Q2 2007 Growth Rate (%)
A. Estimates in current pesos      
   1. GROSS DOMESTIC PRODUCT 16,786 18,139 8.1
   2. GROSS NATIONAL PRODUCT 18,394 20,017 8.8
   3. PERSONAL CONSUMPTION EXPENDITURE 12,003 12,792 6.6
       
B. Estimates in constant (1985) pesos      
   1. GROSS DOMESTIC PRODUCT 3,612 3,807 5.4
   2. GROSS NATIONAL PRODUCT 3,980 4,228 6.2
   3. PERSONAL CONSUMPTION EXPENDITURE 2,857 2,969 3.9
       
C. Population*    (million persons) 86.76 88.49  
       

* The quarterly estimates were interpolated from the 2000, 2005 and 2010 midyear estimates from the 2000 census-based population projections using the Waring-Langrange interpolation polynomial.

Source: National Statistical Coordination Board (NSCB)

Posted August 30, 2007

 

NATIONAL ACCOUNTS OF THE PHILIPPINES
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2nd Quarter 2007
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