NIA QUARTERLY 2018 PRICES: Gross National Income and Gross Domestic Product by Expenditure at Constant (Revised/Rebased)

Gross National Income by Expenditure Shares (Current prices) refers to the expenditure approach, which traces the flow of commodities from producers to final users. The final users are the households, non-profit institutions serving households, general government for their current expenditures on goods and services as well as expenditures on capital account, enterprises for of the world for that portion of output exported. It reflects current prices at which actual inflation and exchange rates are considered.

 GDP by expenditure is the sum of the final uses of goods and services in the economy, valued at purchaser’s prices.

In million Philippine Pesos
Indicator:
Locations:
PHILIPPINES
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Gross National Income
REMARKS

Base year of national accounts is updated to 2018 with the fifth overall revision and rebasing of the Philippine System National Accounts (PSNA). The PSA Board has approved the General Policy on the Revision and Rebasing of the PSNA through the PSA Board Resoluton No. 11, Series of 2018. Further, it was proposed that the revision and rebasing of PSNA will be done every ten (10) years after the release of the next release in 2020.

SOURCE
Philippine Statistics Authority (PSA)
DATE MODIFIED
November 07, 2024