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Fourth Quarter 2007
Gross National Product & Gross Domestic Product

by Expenditure Shares

GROSS NATIONAL PRODUCT AND GROSS DOMESTIC PRODUCT
BY EXPENDITURE SHARES: 
4th Quarter 2007 and 4th Quarter 2006
AT CURRENT PRICES, IN MILLION PESOS

TYPE OF EXPENDITURE Q4 2006 Q4 2007 Growth Rate
(%)

Personal Consumption Expenditure

1,176,715 1,296,393 10.2

Government Consumption

154,909 174,957 12.9

Capital Formation

235,697 282,970 20.1

Exports

690,153 641,583 -7.0

Less : Imports

729,166 709,148 -2.7
Statistical Discrepancy 187,017 224,517  
       
GROSS DOMESTIC PRODUCT 1,715,325 1,911,271 11.4
Net factor income from the rest of the world 149,785 150,779  
GROSS NATIONAL PRODUCT 1,865,110 2,062,050 10.6

GROSS NATIONAL PRODUCT AND GROSS DOMESTIC PRODUCT
BY EXPENDITURE SHARES: 
4th Quarter 2007 and 4th Quarter 2006
AT CONSTANT 1985 PRICES, IN MILLION PESOS

TYPE OF EXPENDITURE Q4 2006 Q4 2007 Growth Rate
(%)

Personal Consumption Expenditure

278,819 296,302 6.3

Government Consumption

18,784 20,806 10.8

Capital Formation

58,594 67,198 14.7

Exports

141,628 138,745 -2.0

Less : Imports

163,442 159,762 -2.3
Statistical Discrepancy 21,361 18,632  
       
GROSS DOMESTIC PRODUCT 355,744 381,920 7.4
Net factor income from the rest of the world 33,958 32,931  
GROSS NATIONAL PRODUCT 389,702 414,851 6.5

GROSS NATIONAL PRODUCT AND GROSS DOMESTIC PRODUCT
BY EXPENDITURE SHARES: 
Annual 2007 and 2006
AT CURRENT AND CONSTANT 1985 PRICES, IN MILLION PESOS

TYPE OF EXPENDITURE AT CURRENT PRICES AT CONSTANT PRICES
2006 2007 Growth Rate
(%)
2006 2007 Growth Rate
(%)
Personal Consumption Expenditure 4,226,120 4,615,831 9.2 999,217 1,059,466 6.0
Government Consumption 587,463 654,132 11.3 81,371 89,523 10.0
Capital Formation 864,531 980,002 13.4 219,286 239,667 9.3
Exports 2,797,986 2,729,849 -2.4 629,093 648,297 3.1
Less : Imports 2,873,562 2,778,645 -3.3 655,791 620,329 -5.4
Statistical discrepancy 430,086 450,151   3,258 -46,605  
             
GROSS DOMESTIC PRODUCT 6,032,624 6,651,320 10.3 1,276,435 1,370,018 7.3
Net factor income from the rest of the world 537,687 623,340   123,092 138,600  
GROSS NATIONAL PRODUCT 6,570,310 7,274,660 10.7 1,399,527 1,508,618 7.8
MEMORANDUM ITEMS: Trading gain (loss) from changes in the terms of trade       9,720 -39,045  
Gross National Income       1,409,247 1,469,573  

Source: National Statistical Coordination Board (NSCB)

Posted 31 January 2008.

 

 

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