Gross Value Added, at Constant 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.

In Thousand Pesos
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Indicators2022202120202019201820172016201520142013
Agriculture, Forestry, and Fishing120,796,086102,832,80894,542,68187,642,33485,150,35676,541,58566,195,39864,349,16572,194,63671,903,812
Industry68,750,38464,822,02260,088,57662,505,88156,686,76153,270,57246,960,18445,023,48146,214,88938,561,507
Mining and Quarrying632,472709,160558,776535,498790,497765,074702,109640,872601,678525,271
Manufacturing27,009,47826,810,47524,796,39024,725,19721,374,23019,199,05718,225,74416,695,55615,838,51713,838,453
Electricity, Steam, Water and Waste Management35,233,70731,701,89229,803,69127,931,67826,096,35125,235,52520,651,67021,221,60122,456,25920,540,819
Construction30,174,22925,287,88422,727,95333,800,15836,032,63133,472,63728,322,28526,902,74221,630,25417,727,670
Services175,427,983160,465,810148,275,325156,560,260141,222,275130,576,834121,137,435108,430,897101,157,80492,317,225
Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles35,985,18031,698,23330,507,54331,845,89429,340,63127,892,81326,227,02623,992,60122,317,77820,656,510
Transportation and Storage17,612,97015,351,91813,852,57618,833,29816,950,82616,323,89915,283,83113,487,04712,642,65010,536,643
Accommodation and Food Service Activities11,253,03410,595,1339,923,5419,370,0148,543,4207,683,7117,076,7206,822,4906,294,0825,763,749
Information and Communication11,499,95410,870,93310,004,2489,354,7478,543,4207,776,9627,292,8256,907,7536,263,7225,705,450
Financial and Insurance Activities43,046,05139,699,59936,444,68333,780,68227,400,86424,586,29621,385,38817,471,60515,491,95513,580,891
Real Estate and Ownership of Dwellings12,211,30811,741,96311,599,09512,828,27812,411,96011,999,24311,466,92910,873,29910,045,4909,550,750
Professional and Business Services at Current Price2,274,5782,136,7492,041,9942,171,9802,117,1501,992,5271,764,0631,510,8521,386,070918,511
Public Administration and Defense; Compulsory Social Activities16,106,84915,444,48714,373,82514,033,16112,362,69910,817,26810,032,5779,441,9739,271,7268,871,954
Education18,582,29317,293,27115,758,40017,496,94216,215,26014,486,75113,008,03912,160,82111,397,08110,918,920
Human Health and Social Work Activities9,012,1758,543,4506,769,7706,562,5776,439,2876,105,7845,199,6164,559,0023,992,8473,429,145
Other Services2,970,5692,543,7692,527,7803,802,2383,318,1723,204,5443,530,6092,864,4213,218,2882,577,736
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