NSCB - Third Quarter 2007 GNP - by Expenditure Shares

GROSS DOMESTIC PRODUCT AND GROSS NATIONAL PRODUCT
BY EXPENDITURE SHARES:
3rd Quarter 2006 and 3rd Quarter 2007
IN MILLION PESOS

At Constant 1985 Prices

TYPE OF EXPENDITURE	Q3 2006	Q3 2007	Growth Rate (%)
1. Personal Consumption Expenditure	244,665	258,485	5.6
2. Government Consumption	19,840	21,496	8.3
3. Capital Formation	51,259	55,096	7.5
4. Exports	182,567	173,661	-4.9
5. Less : Imports	169,869	159,134	-6.3
6. Statistical Discrepancy	-21,102	-22,008

GROSS DOMESTIC PRODUCT	307,360	327,597	6.6
Net factor income from the rest of the world	28,571	35,770
GROSS NATIONAL PRODUCT	335,931	363,367	8.2

MEMORANDUM ITEMS: Trading gain (loss) from changes in the terms of trade	-17,500	-25,169

Gross National Income	318,431	338,198

At Current Prices

TYPE OF EXPENDITURE	Q3 2006	Q3 2007	Growth Rate (%)
1. Personal Consumption Expenditure	1,047,700	1,135,525	8.4
2. Government Consumption	141,625	158,116	11.6
3. Capital Formation	210,363	230,355	9.5
4. Exports	729,360	693,673	-4.9
5. Less : Imports	749,548	739,658	-1.3
6. Statistical Discrepancy	96,560	129,786

GROSS DOMESTIC PRODUCT	1,476,059	1,607,797	8.9
Net factor income from the rest of the world	126,658	162,738	5
GROSS NATIONAL PRODUCT	1,602,717	1,770,535	10.5

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
TYPE OF EXPENDITURE	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 November 29, 2007.