NSCB - 4th Quarter 2008 National Accounts

GROSS NATIONAL PRODUCT AND GROSS DOMESTIC PRODUCT
BY EXPENDITURE SHARES:
4th Quarter 2007 and 4th Quarter 2008
AT CURRENT AND CONSTANT 1985 PRICES, IN MILLION PESOS

At Current Prices

TYPE OF EXPENDITURE	4th Qtr 2007	4th Qtr 2008	Growth Rate (%)
1. Personal Consumption Expenditure	1,301,565	1,496,505	15.0
2. Government Consumption	167,251	189,328	13.2
3. Capital Formation	277,053	291,049	5.1
4. Exports	695,286	692,117	-0.5
5. Less : Imports	721,459	658,671	-8.7
6. Statistical Discrepancy	172,084	116,464

GROSS DOMESTIC PRODUCT	1,891,779	2,126,793	12.4
Net factor income from the rest of the world	150,921	213,037
GROSS NATIONAL PRODUCT	2,042,700	2,339,830	14.5

At Constant 1985 Prices

TYPE OF EXPENDITURE	4th Qtr 2007	4th Qtr 2008	Growth Rate (%)
1. Personal Consumption Expenditure	296,966	310,475	4.5
2. Government Consumption	19,630	20,553	4.7
3. Capital Formation	66,345	60,350	-9.0
4. Exports	152,665	141,158	-7.5
5. Less : Imports	160,917	158,993	-1.2
6. Statistical Discrepancy	3,942	22,154

GROSS DOMESTIC PRODUCT	378,630	395,696	4.5
Net factor income from the rest of the world	32,999	42,222
GROSS NATIONAL PRODUCT	411,629	437,918	6.4

MEMORANDUM ITEMS: Trading gain (loss) from changes in the terms of trade	2,460	25,231

Gross National Income	414,089	463,149

GROSS NATIONAL PRODUCT AND GROSS DOMESTIC PRODUCT
BY EXPENDITURE SHARES:
Annual 2007 and 2008
AT CURRENT AND CONSTANT 1985 PRICES, IN MILLION PESOS

TYPE OF EXPENDITURE	AT CURRENT PRICES			AT CONSTANT PRICES
TYPE OF EXPENDITURE	2007	2008	Growth Rate (%)	2007	2008	Growth Rate (%)
Personal Consumption Expenditure	4,611,884	5,279,480	14.5	1,058,176	1,106,264	4.5
Government Consumption	646,676	713,912	10.4	92,293	96,302	4.3
Capital Formation	1,013,941	1,149,429	13.4	249,121	259,677	4.2
Exports	2,833,634	2,845,381	0.4	677,697	677,722	0.0
Less : Imports	2,802,659	2,860,274	2.1	626,745	619,755	-1.1
Statistical discrepancy	344,770	369,606		-81,902	-88,122

GROSS DOMESTIC PRODUCT	6,648,245	7,497,535	12.8	1,368,641	1,432,088	4.6
Net factor income from the rest of the world	601,078	792,454		134,173	162,053
GROSS NATIONAL PRODUCT	7,249,323	8,289,989	14.4	1,502,814	1,594,141	6.1
MEMORANDUM ITEMS: Trading gain (loss) from changes in the terms of trade				-43,895	-61,534
Gross National Income				1,458,919	1,532,607

Source: National Statistical Coordination Board (NSCB)

Posted 29 January 2009