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Third Quarter 2008
Gross National Product & Gross Domestic Product

Details of Factor Flows From and To The Rest of the World

Compensation inflow grew by a substantial 25.5 percent, from a marginal 0.4 percent gain last year, and kept NFIA growth robust at 24.7 percent despite the 46.3 percent decline in Property Income.  Meanwhile, Property Expense dropped by 6.7 percent from negative 24.4 percent in the previous year.

DETAILS OF FACTOR FLOWS FROM AND TO THE REST OF THE WORLD
3rd Quarter 2007 and 3rd Quarter 2008

At Constant 1985 Prices

ITEMS 3rd Qtr 2007 3rd Qtr 2008 Growth Rate
(%)
INFLOW (Exports)      
Compensation  42,769 53,682 25.5
Property Income 7,646 4,109 -46.3
  Constant 1985 Prices 50,415 57,791 14.6
       
OUTFLOW (Imports)      
Compensation  0 0 0.0
Property Expense 16,104 15,020 -6.7
  Constant 1985 Prices 16,104 15,020 -6.7
       
NET FACTOR INCOME      
  Constant 1985 Prices 34,311 42,771 24.7

At Current Prices

ITEMS 3rd Qtr 2007 3rd Qtr 2008 Growth Rate
(%)
INFLOW (Exports)      
Compensation  192,268 270,606 40.7
Property Income 34,374 20,712 -39.7
  Total Current Prices 226,641 291,318 28.5
       
OUTFLOW (Imports)      
Compensation* 0 0 0.0
Property Expense 72,395 75,715 4.6
  Total Current Prices 72,395 75,715 4.6
       
NET FACTOR INCOME      
  Current Prices 154,246 215,603 39.8

* BOP figures from BSP are in million dollars; if any less than $1 million.

 

DETAILS OF FACTOR FLOWS FROM AND TO THE REST OF THE WORLD
Annual 2007 and 2006
AT CURRENT PRICES, IN MILLION PESOS

ITEM 2006 2007 Growth Rate
(%)
INFLOW (Exports)      
Compensation  706,928 762,496 7.9
Property Income 83,685 113,511 35.6
  Total Current Prices 790,613 876,007 10.8
       
OUTFLOW (Imports)      
Compensation  0 0 0
Property Expense 289,674 274,929 -5.1
  Total Current Prices 289,674 274,929 -5.1
       
NET FACTOR INCOME      
  Current Prices 500,940 601,078 20.0

DETAILS OF FACTOR FLOWS FROM AND TO THE REST OF THE WORLD
Annual 2007 and 2006
AT CONSTANT 1985 PRICES, IN MILLION PESOS

ITEM 2006 2007 Growth Rate
(%)
INFLOW (Exports)      
Compensation  162,540 170,353 4.8
Property Income 19,256 25,297 31.4
  Constant 1985 Prices 181,796 195,650 7.6
       
OUTFLOW (Imports)      
Compensation  0 0 0
Property Expense 66,665 61,477 -7.8
  Constant 1985 Prices 66,665 61,477 -7.8
       
NET FACTOR INCOME      
  Constant 1985 Prices 115,132 134,173 16.5

Note: Details may not add up to total due to rounding

Source: National Statistical Coordination Board (NSCB)

Posted 27 November 2008

 

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