NSCB - 3rd Quarter 2008 National Accounts

GROSS NATIONAL PRODUCT AND GROSS DOMESTIC PRODUCT
BY EXPENDITURE SHARES:
3rd Quarter 2007 and 3rd Quarter 2008

At Current Prices

TYPE OF EXPENDITURE	3rd Qtr 2007	3rd Qtr 2008	Growth Rate (%)
1. Personal Consumption Expenditure	1,135,943	1,338,199	17.8
2. Government Consumption	152,554	180,542	18.3
3. Capital Formation	236,479	286,740	21.3
4. Exports	717,304	766,560	6.9
5. Less : Imports	738,450	818,545	10.8
6. Statistical Discrepancy	109,957	105,454

GROSS DOMESTIC PRODUCT	1,613,788	1,858,950	15.2
Net factor income from the rest of the world	154,246	215,603
GROSS NATIONAL PRODUCT	1,768,034	2,074,553	17.3

At Constant 1985 Prices

TYPE OF EXPENDITURE	3rd Qtr 2007	3rd Qtr 2008	Growth Rate (%)
1. Personal Consumption Expenditure	258,446	270,345	4.6
2. Government Consumption	22,941	25,818	12.5
3. Capital Formation	58,072	60,886	4.8
4. Exports	191,487	200,576	4.7
5. Less : Imports	161,010	169,152	5.1
6. Statistical Discrepancy	-40,391	-43,616

GROSS DOMESTIC PRODUCT	329,543	344,856	4.6
Net factor income from the rest of the world	34,311	42,771
GROSS NATIONAL PRODUCT	363,854	387,627	6.5

MEMORANDUM ITEMS: Trading gain (loss) from changes in the terms of trade	-35,552	-43,429

Gross National Income	328,302	344,198

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
TYPE OF EXPENDITURE	2006	2007	Growth Rate (%)	2006	2007	Growth Rate (%)
Personal Consumption Expenditure	4,229,502	4,611,884	9.0	999,728	1,058,176	5.8
Government Consumption	589,930	646,676	9.6	85,208	92,293	8.3
Capital Formation	874,583	1,013,941	15.9	224,105	249,121	11.2
Exports	2,851,390	2,833,634	-0.6	641,570	677,697	5.6
Less : Imports	2,894,694	2,802,659	-3.2	656,021	626,745	-4.5
Statistical discrepancy	382,124	344,770		-17,718	-81,902

GROSS DOMESTIC PRODUCT	6,032,835	6,648,245	10.2	1,276,873	1,368,641	7.2
Net factor income from the rest of the world	500,940	601,078		115,132	134,173
GROSS NATIONAL PRODUCT	6,533,775	7,249,323	11.0	1,392,005	1,502,814	8.0
MEMORANDUM ITEMS: Trading gain (loss) from changes in the terms of trade				4,721	-43,895
Gross National Income				1,396,726	1,458,919

Source: National Statistical Coordination Board (NSCB)

Posted 27 November 2008


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