Gross Value Added, at Current 2018 Prices

Gross value added (GVA) is defined as the value of output less the value of intermediate consumption.

Output is defined the goods and services produced by an establishment. It is equal to the value of sales adjust for the changes in inventories of finished goods, that is goods produced and ready  for sale but not yet sold, or goods sold adjusted for sales of goods produced in an earlier period.

Intermediate Consumption consists of the value of the goods and services consumed as inputs by a process of production, excluding fixed assets whose consumption is recorded as consumption of fixed capital.

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Indicators2022202120202019201820172016201520142013
Agriculture, Forestry, and Fishing132,794,690130,467,274129,400,918127,636,365127,681,321124,869,531114,247,863125,859,264127,867,398122,221,551
Industry134,715,103119,696,688111,071,076108,263,879113,054,922111,421,781102,544,35287,788,57985,342,04675,519,450
Mining and Quarrying993,5601,093,210882,997555,222790,497738,529557,813496,419464,500406,143
Manufacturing72,863,53365,012,72061,194,65561,418,32166,594,20571,257,23962,782,65156,650,59156,007,05349,908,746
Electricity, Steam, Water and Waste Management50,918,92343,916,11941,290,80639,706,64637,236,66532,264,66524,992,67023,384,92621,895,84820,180,875
Construction19,617,61116,245,89413,974,75015,737,28317,672,05114,289,92413,341,58911,131,67810,558,37410,258,808
Services555,589,929486,661,669450,892,833489,043,363443,797,219390,914,539360,564,187323,646,938296,885,327262,154,289
Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles273,030,137240,304,086224,884,811238,855,783219,018,394191,321,957174,340,379153,110,146140,611,776122,909,151
Transportation and Storage27,857,76720,968,86220,049,65431,396,51529,456,93024,303,30421,009,82620,141,72418,012,39617,083,907
Accommodation and Food Service Activities23,794,54521,498,87219,985,72419,032,33517,680,14416,269,12316,013,64814,187,08713,484,19512,912,317
Information and Communication42,907,94937,020,05633,225,05229,990,68227,485,71224,017,51920,843,62417,834,07815,778,85613,360,473
Financial and Insurance Activities42,907,94937,020,05633,225,05229,990,68227,485,71224,017,51920,843,62417,834,07815,778,85613,360,473
Real Estate and Ownership of Dwellings45,511,24342,345,51740,924,93629,805,17027,485,71237,356,42336,184,71435,072,32632,803,20330,364,375
Professional and Business Services at Current Price19,792,47518,038,46017,246,73717,651,08616,634,81015,615,13313,927,15312,462,56410,860,4226,241,901
Public Administration and Defense; Compulsory Social Activities34,677,02231,569,20829,648,06028,648,06223,500,63320,117,99318,044,77716,540,34215,946,79015,335,448
Education39,729,31835,615,65631,534,54131,544,41327,503,09224,532,73722,571,27920,331,40018,836,10518,110,798
Human Health and Social Work Activities15,933,86714,801,82912,119,97912,132,36311,050,61410,660,0809,914,0228,770,3686,745,0215,427,205
Other Services9,265,2928,221,0277,885,9758,756,7087,382,6927,121,2286,334,7425,605,6635,087,8544,751,715
Showing 1-10 of 23 Results.
REMARKS

Regional levels may not add up to the national totals due to rounding.

SOURCE
Philippine Statistics Authority (PSA)
DATE MODIFIED
June 26, 2024