National Accounts of the Philippines - Highlights - Industry

National Accounts of the Philippines

Untitled Document

 

1st Quarter 2013
Gross National Income & Gross Domestic Product
by Industrial Origin

 

Gross Value Added in Industry

 

Industry sustains expansion in Q1 2013

Industry sustained its expansion since the first quarter of 2012, growing by 10.9 percent from 5.3 percent in the previous year and contributing 3.5 percentage points to the total GDP growth.  The biggest contributors to the growth of Industry were Manufacturing with 6.9 percentage points and Construction with 4.6 percentage points.

 

GROSS VALUE ADDED in INDUSTRY
1st Quarter 2012 and 1st Quarter 2013
AT CURRENT AND CONSTANT 2000 PRICES, IN MILLION PESOS

INDUSTRY/INDUSTRY GROUP Q1 2012 Q1 2013 Growth Rate
(%)
INDUSTRY SECTOR 779,722 865,333 11.0
a. Mining & Quarrying 31,045 24,130 -22.3
b. Manufacturing 530,670 566,492 6.8
c. Construction 127,474 175,411 37.6
d. Electricity,Gas and Water Supply 90,532 99,301 9.7

 

GROSS VALUE ADDED in INDUSTRY
1st Quarter 2012 and 1st Quarter 2013

AT CONSTANT 2000 PRICES, IN MILLION PESOS

INDUSTRY/INDUSTRY GROUP Q1 2012 Q1 2013 Growth Rate
(%)
INDUSTRY SECTOR 478,924 530,994 10.9
a. Mining & Quarrying 18,074 15,003 -17.0
b. Manufacturing 342,235 375,385 9.7
c. Construction 67,467 89,411 32.5
d. Electricity,Gas and Water Supply 51,148 51,195 0.1

 

GROSS VALUE ADDED in AGRICULTURE, HUNTING, FORESTRY & FISHING
Annual 2011 and 2012
AT CURRENT AND CONSTANT 2000 PRICES, IN MILLION PESOS

INDUSTRY/INDUSTRY GROUP At Current Prices At Constant Prices
2011 2012 Growth Rate
(%)
2011 2012 Growth Rate
(%)
INDUSTRY SECTOR 3,042,060 3,284,508 8.0 1,893,256 2,022,623 6.8
a. Mining & Quarrying 143,027 121,435 -15.1 70,509 72,047 2.2
b. Manufacturing 2,047,718 2,170,918 6.0 1,324,330 1,395,711 5.4
c. Construction 520,969 618,077 18.6 293,870 339,921 15.7
d. Electricity,Gas and Water Supply 330,346 374,077 13.2 204,547 214,944 5.1

Source: National Statistical Coordination Board (NSCB)
Posted: 30 May 2013


 

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