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Fourth 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
4th  Quarter 2007 and 4th Quarter 2008
AT CURRENT AND CONSTANT 1985 PRICES, IN PESOS

TYPE OF EXPENDITURE 4th Qtr 2007 4th Qtr 2008 Growth Rate
(%)
A. Estimates in current pesos      
   1. GROSS DOMESTIC PRODUCT 21,170 23,341 10.3
   2. GROSS NATIONAL PRODUCT 22,859 25,679 12.3
   3. PERSONAL CONSUMPTION EXPENDITURE 14,565 16,424 12.8
       
B. Estimates in constant (1985) pesos      
   1. GROSS DOMESTIC PRODUCT 4,237 4,343 2.5
   2. GROSS NATIONAL PRODUCT 4,606 4,806 4.3
   3. PERSONAL CONSUMPTION  EXPENDITURE 3,323 3,407 2.5
     
C. Population*    (million persons) 89.36 91.12
       

* - 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 2008
AT CURRENT AND CONSTANT 1985 PRICES, IN PESOS

ITEM 2007 2008 Growth Rate
(%)
A. Estimates in current pesos      
   1. GROSS DOMESTIC PRODUCT 74,946 82,885 10.6
   2. GROSS NATIONAL PRODUCT 81,722 91,645 12.1
   3. PERSONAL CONSUMPTION EXPENDITURE 51,990 58,364 12.3
 
B. Estimates in constant (1985) pesos
   1. GROSS DOMESTIC PRODUCT 15,429 15,832 2.6
   2. GROSS NATIONAL PRODUCT 16,941 17,623 4.0
   3. PERSONAL CONSUMPTION  EXPENDITURE 11,929 12,230 2.5
 
C. Population*
   (million persons)
88.71 90.46

* - 2000-based Population Projections, National Statistics Office

 

Source: National Statistical Coordination Board (NSCB)

Posted 29 January 2009

 

NATIONAL ACCOUNTS OF THE PHILIPPINES
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4th Quarter 2008
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Details of Factor Flows
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