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Third Quarter 2008
Gross National Product & Gross Domestic Product

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

As the country’s population reached an estimated 90.68 million, per capita GDP grew at a decelerated rate of 2.6 percent from 5.0 percent in the previous year while per capita GNP also went up at a lower rate of 4.5 percent from 6.9 percent.  Per capita PCE likewise decelerated at 2.6 percent from 3.6 percent.

PER CAPITA: GROSS DOMESTIC PRODUCT, GROSS NATIONAL PRODUCT,
and PERSONAL CONSUMPTION EXPENDITURE
3rd  Quarter 2007 and 3rd Quarter 2008
AT CURRENT AND CONSTANT 1985 PRICES, IN PESOS

TYPE OF EXPENDITURE 3rd Qtr 2007 3rd Qtr 2008 Growth Rate
(%)
A. Estimates in current pesos      
   1. GROSS DOMESTIC PRODUCT 18,148 20,501 13.0
   2. GROSS NATIONAL PRODUCT 19,882 22,878 15.1
   3. PERSONAL CONSUMPTION EXPENDITURE 12,774 14,758 15.5
       
B. Estimates in constant (1985) pesos      
   1. GROSS DOMESTIC PRODUCT 3,706 3,803 2.6
   2. GROSS NATIONAL PRODUCT 4,092 4,275 4.5
   3. PERSONAL CONSUMPTION  EXPENDITURE 2,906 2,981 2.6
       
C. Population*    (million persons) 88.92 90.68  
       

* - 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.

 

PER CAPITA: GROSS DOMESTIC PRODUCT, GROSS NATIONAL PRODUCT,
and PERSONAL CONSUMPTION EXPENDITURE
Annual 2007 and 2006
AT CURRENT AND CONSTANT 1985 PRICES, IN PESOS

ITEM 2006 2007 Growth Rate
(%)
A. Estimates in current pesos      
   1. GROSS DOMESTIC PRODUCT 69,364 74,946 8.0
   2. GROSS NATIONAL PRODUCT 75,124 81,772 8.8
   3. PERSONAL CONSUMPTION EXPENDITURE 48,630 51,990 6.9
       
B. Estimates in constant (1985) pesos      
   1. GROSS DOMESTIC PRODUCT 14,681 15,429 5.1
   2. GROSS NATIONAL PRODUCT 16,005 16,941 5.9
   3. PERSONAL CONSUMPTION  EXPENDITURE 11,495 11,929 3.8
       
C. Population*
   (million persons)
86.97 88.71  

* - 2000-based Population Projections, National Statistics Office

 

Source: National Statistical Coordination Board (NSCB)

Posted 27 November 2008

 

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