NSCB - 1st Quarter 2009 National Accounts

GROSS NATIONAL PRODUCT AND GROSS DOMESTIC PRODUCT
BY EXPENDITURE SHARES:
1st Quarter 2008 and 1st Quarter 2009
AT CURRENT AND CONSTANT 1985 PRICES, IN MILLION PESOS

At Current Prices

TYPE OF EXPENDITURE	Q1 2008	Q1 2009	Growth Rate (%)
1. Personal Consumption Expenditure	1,164,463	1,268,233	8.9
2. Government Consumption	157,232	167,093	6.3
3. Capital Formation	253,172	252,561	-0.2
4. Exports	648,252	528,623	-18.5
5. Less : Imports	676,591	530,951	-21.5
6. Statistical Discrepancy	113,806	54,364

GROSS DOMESTIC PRODUCT	1,660,335	1,739,924	4.8
Net factor income from the rest of the world	168,092	258,363
GROSS NATIONAL PRODUCT	1,828,427	1,998,287	9.3

At Constant 1985 Prices

TYPE OF EXPENDITURE	Q1 2008	Q1 2009	Growth Rate (%)
1. Personal Consumption Expenditure	253,744	255,795	0.8
2. Government Consumption	23,015	23,886	3.8
3. Capital Formation	66,027	55,142	-16.5
4. Exports	145,212	118,806	-18.2
5. Less : Imports	145,212	117,402	-19.2
6. Statistical Discrepancy	-9,896	-1,851

GROSS DOMESTIC PRODUCT	332,890	334,376	0.4
Net factor income from the rest of the world	36,603	51,536
GROSS NATIONAL PRODUCT	369,494	385,912	4.4

MEMORANDUM ITEMS: Trading gain (loss) from changes in the terms of trade	-6,212	-1,923

Gross National Income	363,282	383,989

GROSS NATIONAL PRODUCT AND GROSS DOMESTIC PRODUCT
BY EXPENDITURE SHARES:
Annual 2008 and 2007
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	5,281,072	14.5	1,058,176	1,107,569	4.7
Government Consumption	653,760	716,544	9.6	90,811	93,746	3.2
Capital Formation	1,022,446	1,131,490	10.7	252,018	256,244	1.7
Exports	2,826,574	2,736,310	-3.2	676,098	663,324	-1.9
Less : Imports	2,810,171	2,872,572	2.2	628,562	643,572	2.4
Statistical discrepancy	342,845	430,370		-82,048	-58,360

GROSS DOMESTIC PRODUCT	6,647,338	7,423,213	11.7	1,366,493	1,418,952	3.8
Net factor income from the rest of the world	579,974	827,036		129,098	168,845
GROSS NATIONAL PRODUCT	7,227,312	8,250,249	14.2	1,495,591	1,587,797	6.2
MEMORANDUM ITEMS: Trading gain (loss) from changes in the terms of trade				-43,913	-51,282
Gross National Income				1,451,678	1,536,515

Source: National Statistical Coordination Board (NSCB)

Posted 28 May 2009