NIA QUARTERLY 2018 PRICES: Gross Domestic Product, by Expenditure Shares at Current (Revised/Rebased)

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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Location	Scope
Philippines	National

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Gross Domestic Product
Household final consumption expenditure
Government final consumption expenditure
Gross capital formation
Exports of goods and services
Less: Imports of goods and services
Statistical discrepancy

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Indicators	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3
Gross Domestic Product	7,574,806.305	6,256,332.104	6,494,219.002	6,111,423.885	7,050,112.707	5,763,233.624	5,889,499.782	5,615,765.287	6,451,428.873	5,249,945.845
Household final consumption expenditure	5,723,641.464	4,919,038.231	4,704,636.144	4,780,005.612	5,329,612.575	4,534,502.388	4,326,016.605	4,418,197.613	4,862,505.548	4,131,182.975
Government final consumption expenditure	1,034,978.539	946,229.339	1,065,929.363	795,581.718	914,718.884	872,654.059	918,369.320	759,459.994	895,975.938	790,599.935
Gross capital formation	1,620,341.931	1,487,482.180	1,800,897.909	1,357,814.649	1,526,169.011	1,269,221.698	1,550,109.587	1,325,886.430	1,380,645.763	1,344,706.729
Exports of goods and services	1,751,631.076	1,742,168.477	1,628,240.404	1,711,271.372	1,664,155.788	1,736,375.015	1,520,476.419	1,560,800.508	1,722,238.577	1,665,176.523
Less: Imports of goods and services	2,582,033.649	2,859,051.752	2,669,265.123	2,480,738.384	2,417,733.051	2,633,491.696	2,423,870.122	2,433,019.624	2,352,653.891	2,711,874.992
Statistical discrepancy	26,246.944	20,465.629	-36,219.695	-52,511.081	33,189.501	-16,027.839	-1,602.028	-15,559.633	-57,283.062	30,154.676

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Philippine Statistics Authority (PSA)

January 13, 2025