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 |
| Main Page |
4th Quarter 2008 |
| Main Page |
| Highlights | by Industrial Origin |
| by Expenditure Share |
Per Capita GNP |
| Details of Factor Flows |
| Seasonally Adjusted Series |
| Confidence Interval |
| Sources of Revision |
| Press Release |
RELATED LINKS |
| Time Series Table |
| SNA Technical Notes |
| Publication |