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
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Indicators2024Q32024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q2
Gross National Income6,055,034.9086,158,619.9495,835,532.9296,590,166.5765,672,117.0345,698,922.7435,317,021.0755,931,836.0595,058,431.1685,249,158.384
Gross Domestic Product5,317,539.7805,538,736.3795,190,210.0845,884,512.6075,053,782.5605,205,820.3504,907,642.7265,575,901.9884,767,549.2414,990,934.042
  • Household final consumption expenditure
    		• 3,873,426.9763,751,987.9913,863,022.4904,418,869.2443,685,185.4153,583,480.1213,693,736.8684,195,302.3813,505,788.0753,397,177.562
  • Government final consumption expenditure
    		• 783,843.062940,217.834729,210.418700,903.831746,800.950840,452.857716,944.889708,325.909700,083.389904,956.307
  • Gross capital formation
    		• 1,208,176.0211,511,360.6931,137,809.6531,324,629.4781,068,547.6501,353,851.0671,131,645.5881,186,610.4511,072,152.4501,344,736.726
  • Gross fixed capital formation
    		• 1,198,844.7121,515,718.1661,126,345.4021,306,877.5331,115,017.5021,381,283.5491,102,754.1731,186,201.0761,030,518.6151,324,320.974
  • Construction
    		• 750,264.6411,077,030.667657,538.172815,894.083689,250.959926,858.787615,152.548741,095.573611,190.371903,988.124
  • Durable equipment
    		• 319,576.127311,883.350341,056.859339,303.431295,670.528326,655.607360,787.014296,132.021290,439.952293,929.591
  • Breeding stocks and orchard development
    		• 84,938.29194,468.02593,011.750105,337.40386,768.61496,594.58692,990.295104,435.86686,189.22296,527.441
  • Intellectual property products
    		• 44,065.65232,336.12434,738.62146,342.61743,327.40031,174.57033,824.31644,537.61642,699.07129,875.819
  • Changes in inventories
    		• 9,160.876-4,653.10011,394.54317,409.864-46,664.970-27,789.78628,795.92467.25241,494.49420,209.133
  • Valuables
    		• 170.433295.62869.708342.081195.118357.30495.492342.124139.340206.619
  • Exports of goods and services
    		• 1,557,535.3731,485,185.2381,494,560.7151,396,500.7101,573,237.1481,425,816.0981,378,225.9221,432,587.1421,534,252.0781,362,409.325
  • Exports of goods
    		• 924,746.814714,926.331683,365.928795,176.386957,904.851713,289.186634,882.250897,532.849980,843.363719,090.476
  • Exports of services
    		• 632,788.559770,258.907811,194.788601,324.323615,332.297712,526.912743,343.672535,054.293553,408.715643,318.849
  • Less: Imports of goods and services
    		• 2,149,413.6392,112,161.4982,024,714.3561,979,745.8212,019,697.6802,006,068.3161,981,557.7771,939,992.4282,052,446.0282,017,312.127
  • Imports of goods
    		• 1,615,426.2531,672,531.3211,508,329.4861,430,942.1491,526,609.9201,625,592.3971,563,915.9141,486,814.4081,666,920.1481,726,150.215
  • Imports of services
    		• 533,987.386439,630.176516,384.870548,803.672493,087.760380,475.919417,641.863453,178.020385,525.880291,161.912
  • Statistical discrepancy
    		• 43,971.987-37,853.879-9,678.83723,355.165-290.9238,288.522-31,352.764-6,931.4687,719.277-1,033.751
  • Net primary income from the rest of the world
    		• 737,495.128619,883.570645,322.845705,653.970618,334.474493,102.393409,378.349355,934.071290,881.928258,224.342
    Showing 1-10 of 99 Results.
    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