1st CA...9.2 8.1 9.7 4.0 7.2 6.8 0 2 4 6 8 10 12 AGRI., FISHERY & FORESTRY INDUSTRY SECTOR SERVICES...

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1st

Transcript of 1st CA...9.2 8.1 9.7 4.0 7.2 6.8 0 2 4 6 8 10 12 AGRI., FISHERY & FORESTRY INDUSTRY SECTOR SERVICES...

Page 1: 1st CA...9.2 8.1 9.7 4.0 7.2 6.8 0 2 4 6 8 10 12 AGRI., FISHERY & FORESTRY INDUSTRY SECTOR SERVICES SECTOR in Percent 20

1st

Page 2: 1st CA...9.2 8.1 9.7 4.0 7.2 6.8 0 2 4 6 8 10 12 AGRI., FISHERY & FORESTRY INDUSTRY SECTOR SERVICES SECTOR in Percent 20

Consolidated Accounts and

Income and Outlay Accounts 2015 to 2017

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SOURCES OF BASIC DATA

1. Bangko Sentral Ng Pilipinas2. Bureau of Internal Revenue3. Bureau of the Treasury4. Cebu Pacific Air5. Commission on Audit6. Civil Aeronautics Board7. Department of Agriculture8. Department of Budget & Management9. Department of Education10. Department of Energy11. Department of Finance12. Department of Health13. Department of Public Works & Highways14. Department of Science and Technology15. Department of Tourism16. Department of Trade & Industry17. Department of Transportation18. Employees’ Compensation Commission19. Energy Development Corporation20. Energy Regulatory Commission21. Forest Management Bureau22. Government Service and Insurance System23. Insurance Commission24. IT and Business Process Association of the Philippines25. Land Transportation Office26. Light Rail Transit Authority27. Local Water Utilities Administration28. Manila Electric Company29. Manila Water Company Inc.30. Maynilad Water Services Inc.31. Metropolitan Waterworks and Sewerage System32. Mines and Geosciences Bureau33. National Disaster Risk Reduction and Management Council34. National Electrification Administration35. National Food Authority36. National Grid Corporation of the Philippines37. National Irrigation Administration38. National Land Registration Authority39. National Power Corporation40. Petron Corporation41. Philippine Airlines42. Philippine Coconut Authority43. Philippine Health Insurance Corporation44. Philippine National Oil Company45. Philippine National Railways46. Philippine Overseas Employment Administration47. Philippine Ports Authority48. Philippine Statistics Authority49. Philippine Tourism Authority50. Power Sector Assets and Liabilities Management Corporation51. Public-Private Partnership Center of the Philippines52. Securities and Exchange Commission53. Social Security System54. Sugar Regulatory Administration55. Tariff Commission56. Tourism Infrastructure and Enterprise Zone Authority

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T A B L E O F C O N T E N T S

SOURCES OF BASIC DATA GRAPHS PAGE

I. GROSS NATIONAL INCOME AT CONSTANT PRICES i II. GROSS DOMESTIC PRODUCT AT CONSTANT PRICES i III. GROWTH RATE OF GROSS NATIONAL INCOME BY EXPENDITURE SHARES ii VI. GROWTH RATE OF GROSS NATIONAL INCOME BY INDUSTRIAL ORIGIN ii V. GNI BY EXPENDITURE SHARES iii VI. GNI BY INDUSTRIAL ORIGIN iii VII. PER CAPITA GNI AT CURRENT AND CONSTANT PRICES iv VIII. CONTRIBUTION TO GROWTH IN GNI BY INDUSTRIAL ORIGIN, AT CONSTANT PRICES iv IX. NET PRIMARY INCOME AT CONSTANT PRICES v X. EXPORTS OF GOODS & SERVICES, AT CONSTANT PRICES v XI. TOP FIVE EXPORTS OF GOODS, AT CONSTANT PRICES vi XII. PERCENT DISTRIBUTION OF TOTAL EXPORTS vi XIII. CONTRIBUTION TO GROWTH IN TOTAL EXPORTS vii XIV. IMPORTS OF GOODS & SERVICES, AT CONSTANT PRICES vii XV. TOP FIVE IMPORTS OF GOODS, AT CONSTANT PRICES viii XVI. PERCENT DISTRIBUTION OF TOTAL IMPORTS viii XVII. CONTRIBUTION TO GROWTH IN TOTAL IMPORTS ix XVIII. TRADE SURPLUS AND TERMS OF TRADE INDEX ix XIX. AGRICULTURE, HUNTING, FORESTRY & FISHING GROWTH RATE IN PERCENT x XX. INDUSTRY SECTOR, GROWTH RATE IN PERCENT x XXI. SERVICE SECTOR, GROWTH RATE IN PERCENT xi XXII. GROSS DOMESTIC CAPITAL FORMATION GROWTH RATE IN PERCENT xi

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TABLES PAGE CONSOLIDATED ACCOUNTS I GROSS DOMESTIC PRODUCT AND 1 EXPENDITURE, IN MILLION PESOS AT CURRENT PRICES CONSOLIDATED ACCOUNTS II NATIONAL DISPOSABLE INCOME AND 2 ITS USE, IN MILLION PESOS AT CURRENT PRICES CONSOLIDATED ACCOUNTS III GROSS ACCUMULATION 3 IN MILLION PESOS AT CURRENT PRICES CONSOLIDATED ACCOUNTS IV EXTERNAL TRANSACTIONS 4 IN MILLION PESOS AT CURRENT PRICES INCOME AND OUTLAY ACCOUNT I NON-FINANCIAL CORPORATIONS 5 IN MILLION PESOS AT CURRENT PRICES INCOME AND OUTLAY ACCOUNT II FINANCIAL CORPORATIONS 6 IN MILLION PESOS AT CURRENT PRICES INCOME AND OUTLAY ACCOUNT III GENERAL GOVERNMENT 7 IN MILLION PESOS AT CURRENT PRICES INCOME AND OUTLAY ACCOUNT IV HOUSEHOLDS INCLUDING NPISH 8 IN MILLION PESOS AT CURRENT PRICES SUB-ACCOUNT IA FACTOR SHARES BY INSTITUTIONAL SECTORS 9 IN MILLION PESOS, AT CURRENT PRICES SUB-ACCOUNT IB PERCENT CONTRIBUTION OF INSTITUTIONAL SECTORS 10 AT CURRENT PRICES, IN PERCENT SUB-ACCOUNT IC FACTOR SHARES BY INSTITUTIONAL SECTORS 11 PERCENT DISTRIBUTION AT CURRENT PRICES, IN PERCENT TAXES ON PRODUCTION AND IMPORTS AND TAXES ON INCOME AND WEALTH 12

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TABLES PAGE TABLE 1A/B GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT 13-14 BY EXPENDITURE SHARES, IN MILLION PESOS AT CURRENT AND CONSTANT PRICES TABLE 2A/B PERCENT DISTRIBUTION GROSS NATIONAL INCOME AND 15-16 GROSS DOMESTIC PRODUCT, BY EXPENDITURE SHARES IN PERCENT, AT CURRENT AND CONSTANT PRICES TABLE 3A/B GROWTH RATES, GROSS NATIONAL INCOME AND GROSS 17-18 DOMESTIC PRODUCT BY EXPENDITURE SHARES, IN PERCENT AT CURRENT AND CONSTANT PRICES TABLE 4 IMPLICIT PRICE INDEX, GROSS NATIONAL INCOME AND GROSS 19 DOMESTIC PRODUCT BY EXPENDITURE SHARES, IN PERCENT TABLE 5A/B GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT 20-21 BY INDUSTRIAL ORIGIN, IN MILLION PESOS AT CURRENT AND CONSTANT PRICES TABLE 6A/B PERCENT DISTRIBUTION, GROSS NATIONAL INCOME AND 22-23 GROSS DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN, IN PERCENT AT CURRENT AND CONSTANT PRICES TABLE 7A/B GROWTH RATES, GROSS NATIONAL INCOME AND GROSS 24-25 DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN, IN PERCENT AT CURRENT AND CONSTANT PRICES TABLE 8 IMPLICIT PRICE INDEX, GROSS NATIONAL INCOME AND GROSS 26 DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN, IN PERCENT TABLE 9A PER CAPITA: GROSS DOMESTIC PRODUCT, GROSS NATIONAL 27 INCOME AND HOUSEHOLD FINAL CONSUMPTION EXPENDITURE, IN PESOS TABLE 9B GROWTH RATES, PER CAPITA: GROSS DOMESTIC PRODUCT, 28

GROSS NATIONAL INCOME AND HOUSEHOLD FINAL CONSUMPTION EXPENDITURE, IN PESOS

TABLE 9C/D DETAILS OF NET PRIMARY INCOME FROM THE REST OF THE WORLD 29 AT CURRENT AND CONSTANT PRICES TABLE 9E/F GROWTH RATES, DETAILS OF FACTOR FLOWS OF NET PRIMARY 30 INCOME FROM THE REST OF THE WORLD AT CURRENT AND CONSTANT PRICES TABLE 10A/B HOUSEHOLD FINAL CONSUMPTION EXPENDITURE BY PURPOSE 31 IN MILLION PESOS, AT CURRENT AND CONSTANT PRICES TABLE 11A/B PERCENT DISTRIBUTION, HOUSEHOLD FINAL CONSUMPTION 32 EXPENDITURE BY PURPOSE, IN PERCENT AT CURRENT AND CONSTANT PRICES

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PAGE TABLE 12A/B GROWTH RATES, HOUSEHOLD FINAL CONSUMPTION EXPENDITURE 33 BY PURPOSE, IN PERCENT, AT CURRENT AND CONSTANT PRICES TABLE 13 IMPLICIT PRICE INDEX, HOUSEHOLD FINAL CONSUMPTION EXPENDITURE 34 BY PURPOSE, IN PERCENT TABLE 14 INDICATORS DERIVED FROM THE NATIONAL ACCOUNTS 35 TABLE 15A/B GROSS DOMESTIC CAPITAL FORMATION IN DURABLE EQUIPMENT 36-37 BY MAJOR TYPE, IN MILLION PESOS AT CURRENT AND CONSTANT PRICES TABLE 16A/B GROWTH RATES, GROSS DOMESTIC CAPITAL FORMATION 38-39 IN DURABLE EQUIPMENT BY MAJOR TYPE, IN PERCENT AT CURRENT AND CONSTANT PRICES TABLE 17 IMPLICIT PRICE INDEX, GROSS DOMESTIC CAPITAL FORMATION 40 IN DURABLE EQUIPMENT BY MAJOR TYPE, IN PERCENT TABLE 18A/B EXPORTS OF GOODS OF THE PHILIPPINES, FOB VALUE 41-42 IN MILLION PESOS, AT CURRENT AND CONSTANT PRICES TABLE 19A/B PERCENT DISTRIBUTION, EXPORTS OF GOODS 43-44 IN THE PHILIPPINES, IN PERCENT AT CURRENT AND CONSTANT PRICES TABLE 20A/B GROWTH RATES, EXPORTS OF GOODS THE PHILIPPINES 45-46 IN PERCENT, AT CURRENT AND CONSTANT PRICES TABLE 21A IMPLICIT PRICE INDEX, EXPORTS OF GOODS 47 IN THE PHILIPPINES, IN PERCENT TABLE 21B/C EXPORTS OF SERVICES, IN MILLION PESOS 48 AT CURRENT AND CONSTANT PRICES TABLE 21D/E PERCENT DISTRIBUTION, EXPORTS OF SERVICES 49 IN PERCENT, AT CURRENT AND CONSTANT PRICES TABLE 21F/G GROWTH RATES, EXPORTS OF SERVICES 50 IN PERCENT, AT CURRENT AND CONSTANT PRICES TABLE 21H IMPLICIT PRICE INDEX, EXPORTS OF SERVICES 51 IN PERCENT

TABLE 22A/B IMPORTS OF SERVICES OF THE PHILIPPINES, FOB VALUE 52-53 IN MILLION PESOS, AT CURRENT AND CONSTANT PRICES TABLE 23A/B PERCENT DISTRIBUTION, IMPORTS OF GOODS OF THE 54-55 PHILIPPINES, IN PERCENT, AT CURRENT AND CONSTANT PRICES TABLE 24A/B GROWTH RATES, IMPORTS OF GOODS OF THE PHILIPPINES 56-57 IN PERCENT, AT CURRENT AND CONSTANT PRICES TABLE 25A IMPLICIT PRICE INDEX, IMPORTS OF GOODS OF THE 58 PHILIPPINES, IN PERCENT

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PAGE

TABLE 25B/C IMPORTS OF SERVICES, IN MILLION PESOS 59 AT CURRENTAND CONSTANT PRICES TABLE 25D/E PERCENT DISTRIBUTION, IMPORTS OF SERVICES 60 IN PERCENT, AT CURRENT TABLE 25F/G GROWTH RATES, IMPORTS OF SERVICES 61 IN PERCENT, AT CURRENT AND CONSTANT PRICES TABLE 25H IMPLICIT PRICE INDEX, IMPORTS OF SERVICES 62 IN PERCENT TABLE 26A/B GROSS VALUE ADDED IN AGRICULTURE, HUNTING, FORESTRY 63-64 AND FISHING IN MILLION PESOS, AT CURRENT AND CONSTANT PRICES TABLE 27A/B GROWTH RATES, GROSS VALUE ADDED IN AGRICULTURE, HUNTING, FORESTRY AND FISHING, IN PERCENT 65-66 AT CURRENT AND CONSTANT PRICES TABLE 28 IMPLICIT PRICE INDEX, GROSS VALUE ADDED IN AGRICULTURE, 67 HUNTING, FORESTRY AND FISHING, IN PERCENT TABLE 29A/B GROSS VALUE ADDED IN MINING AND QUARRYING 68 IN MILLION PESOS, AT CURRENT AND CONSTANT PRICES TABLE 30A/B GROWTH RATES, GROSS VALUE ADDED IN MINING AND 69 QUARRYING, IN PERCENT, AT CURRENT AND CONSTANT PRICES TABLE 31 IMPLICIT PRICE INDEX, GROSS VALUE ADDED IN MINING AND 70 QUARRYING, IN PERCENT TABLE 32A/B GROSS VALUE ADDED IN MANUFACTURING, IN MILLION PESOS 71-72 AT CURRENT AND CONSTANT PRICES TABLE 33A/B GROWTH RATES, GROSS VALUE ADDED IN MANUFACTURING 73-74 IN PERCENT, AT CURRENT AND CONSTANT PRICES TABLE 34 IMPLICIT PRICE INDEX, GROSS VALUE ADDED IN 75 MANUFACTURING, IN PERCENT TABLE 35A/B GROSS VALUE ADDED IN CONSTRUCTION 76 IN MILLION PESOS, AT CURRENT AND CONSTANT PRICES TABLE 36A/B GROWTH RATES, GROSS VALUE ADDED IN CONSTRUCTION 77 IN PERCENT, AT CURRENT AND CONSTANT PRICES TABLE 37 IMPLICIT PRICE INDEX, GROSS VALUE ADDED IN 78 CONSTRUCTION, IN PERCENT TABLE 38A/B GROSS VALUE ADDED IN ELECTRICITY, GAS AND WATER SUPPLY 79 IN MILLION PESOS, AT CURRENT AND CONSTANT PRICES TABLE 39A/B GROWTH RATES, GROSS VALUE ADDED IN ELECTRICITY, 80 GAS AND WATER SUPPLY, IN PERCENT AT CURRENT AND CONSTANT PRICES

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PAGE TABLE 40 IMPLICIT PRICE INDEX, GROSS VALUE ADDED IN ELECTRICITY, 81 GAS AND WATER SUPPLY, IN PERCENT TABLE 41A/B GROSS VALUE ADDED IN TRANSPORT, STORAGE AND 82 COMMUNICATION, IN MILLION PESOS, AT CURRENT AND CONSTANT PRICES TABLE 42A/B GROWTH RATES, GROSS VALUE ADDED IN TRANSPORT, 83 STORAGE AND COMMUNICATION, IN PERCENT AT CURRENT AND CONSTANT PRICES TABLE 43 IMPLICIT PRICE INDEX, GROSS VALUE ADDED IN 84 TRANSPORT, STORAGE AND COMMUNICATION IN PERCENT TABLE 44A/B GROSS VALUE ADDED IN TRADE, IN MILLION PESOS 85 AT CURRENT AND CONSTANT PRICES TABLE 45A/B GROWTH RATES, GROSS VALUE ADDED IN TRADE AND REPAIR OF MOTOR VEHICLES, MOTORCYCLES, PERSONAL AND HOUSEHOLD GOODS TRADE, IN PERCENT AT CURRENT AND CONSTANT PRICES 86 TABLE 46 IMPLICIT PRICE INDEX, GROSS VALUE ADDED IN TRADE AND REPAIR OF MOTOR VEHICLES, MOTORCYCLES, PERSONAL AND HOUSEHOLD GOODS, IN PERCENT 87 TABLE 47A/B GROSS VALUE ADDED IN FINANCIAL INTERMEDIATION, IN MILLION PRICES AT CURRENT AND CONSTANT PRICES 88 TABLE 48A/B GROWTH RATES, GROSS VALUE ADDED IN FINANCIAL INTERMEDIATION 89 IN PERCENT, AT CURRENT AND CONSTANT PRICES TABLE 49 IMPLICIT PRICE INDEX, GROSS VALUE ADDED IN FINANCIAL 90 INTERMEDIATION IN PERCENT TABLE 50A/B GROSS VALUE ADDED IN REAL ESTATE, RENTING & BUSINESS ACTIVITIES 91 IN MILLION PESOS AT CURRENT AND CONSTANT PRICES TABLE 51A/B GROWTH RATES, GROSS VALUE ADDED IN REAL ESTATE, RENTING 92 AND BUSINESS ACTIVITIES IN PERCENT AT CURRENT AND CONSTANT PRICES TABLE 52 IMPLICIT PRICE INDEX, GROSS VALUE ADDED IN REAL ESTATE, RENTING 93 IN PERCENT TABLE 53A/B GROSS VALUE ADDED IN OTHER SERVICES, IN MILLION PESOS 94 AT CURRENT AND CONSTANT PRICES TABLE 54A/B GROWTH RATES, GROSS VALUE ADDED IN OTHER SERVICES 95 IN PERCENT, AT CURRENT AND CONSTANT PRICES TABLE 55 IMPLICIT PRICE INDEX, GROSS VALUE ADDED IN OTHER SERVICES 96 IN PERCENT

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Graph I

Graph II

i

8400

8600

8800

9000

9200

9400

9600

9800

10000

10200

10400

2015 2016 2017

9143

9755

10395in

Billi

on P

esos

ANNUAL GROSS NATIONAL INCOME2015 to 2017, At Constant 2000 Prices

7000

7200

7400

7600

7800

8000

8200

8400

8600

8800

2015 2016 2017

7600

8123

8666

in B

illion

Pes

os

ANNUAL GROSS DOMESTIC PRODUCT2015 to 2017, At Constant 2000 Prices

Source: Philippine Statistics Authority

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9.2

8.1

9.7

4.0

7.2 6.8

0

2

4

6

8

10

12

AGRI., FISHERY & FORESTRY INDUSTRY SECTOR SERVICES SECTOR

in P

erce

nt

Growth Rate by INDUSTRIAL ORIGINAnnual 2017 Estimates

At Current Prices, At Constant 2000 Prices

CURRENT CONSTANT

Graph III

Graph IV

ii

8.810.5

12.4

20.2 19.3

5.97.0 9.4

19.518.1

0

5

10

15

20

25

HFCE GFCE CAPITAL FORMATION EXPORTS IMPORTS

in P

erce

nt

Growth Rate by EXPENDITURE SHARESAnnual 2017 Estimates

At Current Prices, At Constant 2000 Prices

CURRENT CONSTANT

Source: Philippine Statistics Authority

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57.8

8.8

23.542.3

49.1

16.757.5

8.8

24.1

47.4

54.4

16.6

Percent Share to GNI by EXPENDITURE SHARESAt Constant 2000 Prices

Annual 2016 and 2017 Estimates

HFCE

GFCE

Capital FormationExports

Imports

NPI 2016: INNER CIRCLE2017: OUTER CIRCLE

7.3

28.247.8

7.1

28.4

47.9

Percent Share to GDP by INDUSTRIAL ORIGINAt Constant Prices

Annual 2016 and 2017 Estimates

AGRI., HUNTING, FORESTRY & FISHING

INDUSTRY SECTOR

SERVICES SECTOR

2016: INNER CIRCLE2017: OUTER CIRCLE

Graph V

Graph VI

iii

Source: Philippine Statistics Authority

Page 13: 1st CA...9.2 8.1 9.7 4.0 7.2 6.8 0 2 4 6 8 10 12 AGRI., FISHERY & FORESTRY INDUSTRY SECTOR SERVICES SECTOR in Percent 20

158.7 168.8181.2

90.0 94.599.1

0

20

40

60

80

100

120

140

160

180

200

2015 2016 2017

in T

hous

and

Peso

s

PER CAPITA GNIAnnual 2015 to 2017 Estimates

CURRENT CONSTANT

-0.1 0.3

2.2

2.0

3.6 3.3

1.0 1.0

-1.0

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

8.0

2015-2016 2016-2017

in P

erce

nt

CONTRIBUTION TO GROWTH IN GNI by INDUSTRIAL ORIGINAnnual 2015-2016 and 2016-2017

At Constant 2000 Prices

Graph VII

Graph VIII

iv

NPI

SERVICES SECTOR

INDUSTRY SECTOR

AHFF

Change Contribution to Change Contribution to

(in Billion Pesos GNI Growth (in Billion Pesos GNI Growth

At constant prices) (in percent) At constant prices) (in percent)

Agri., Hunting Fishery & Forestry -8.8 -0.1 28.1 0.3Industry Sector 204.6 2.2 197.1 2.0Services Sector 326.8 3.6 317.8 3.3NPI 89.4 1.0 96.8 1.0GNI 611.9 6.7 639.8 6.6

2016-20172015-2016

INDUSTRIAL ORIGIN

Source: Philippine Statistics Authority

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-

500

1,000

1,500

2,000

2,500

3,000

3,500

COMPENSATION,INFLOW

PROPERTY INCOME,INFLOW

COMPENSATION,OUTFLOW

PROPERTY EXPENSE

3062

77

0

347

3173

97

0

319

3428

130

0

358

in B

illion

Pes

os

DETAILS OF NET PRIMARY INCOME (NPI) FROM THE REST OF THE WORLD

Annual 2015 to 2017 Estimates, At Current Prices

2015 2016 2017

27922950

3200

2015 2016 2017

TOTAL NPI

0

500

1000

1500

2000

2500

3000

3500

4000

4500

5000

2015 2016 2017

37834069

4892

3695

4125

4931

in B

illion

Pes

os

TOTAL EXPORTSAnnual 2015 to 2017 Estimates

CURRENT CONSTANT

Graph IX

Graph X

v

Source: Philippine Statistics Authority

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1306

167

23

64 93

1408

198

50 76 91

1744

234

116

102

98

0

200

400

600

800

1000

1200

1400

1600

1800

2000

COMPONENTS/DEVICES (SEMICONDUCTORS)

ELECTRONIC DATAPROCESSING

CONTROLINSTRRUMENTATION

METAL COMPONENTS IGNITION WIRING SETS

in B

illion

Pes

os

TOP FIVE EXPORTS OF GOODSAnnual 2015 to 2017 Estimates, At Constant 2000 Prices

2015 2016 2017

79.5 78.8 79.7

20.5 21.2 20.3

0%10%20%30%40%50%60%70%80%90%

100%

2015 2016 2017

PERCENT DISTRIBUTION OF TOTAL EXPORTSAnnual 2015 to 2017 Estimates, At Constant Prices

EXPORTS OF GOODS EXPORTS OF SERVICES

Graph XI

Graph XII

vi

Exports of Goods 79.5 78.8 79.7

Exports of Services 20.5 21.2 20.3

20172015 2016EXPORTS

Source: Philippine Statistics Authority

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8.5 16.43.1

3.1

-15-12-9-6-30369

121518212427

2015-2016 2016-2017

in P

erce

nt

CONTRIBUTION TO GROWTH IN TOTAL EXPORTS Annual 2015-2016 and 2016-2017

EXPORTS OF GOODS EXPORTS OF SERVICES

0

1000

2000

3000

4000

5000

6000

7000

2015 2016 2017

4569

5416

6462

3984

4789

5657

in B

illion

Pes

os

TOTAL IMPORTSAnnual 2015 to 2017 Estimates

CURRENT CONSTANT

Graph XIII

Graph XIV

vii

Change Contribution to Change Contribution to

(in Billion Pesos Exports Growth (in Billion Pesos GNI Growth

At constant prices) (in percent) At constant prices) (in percent)

Exports of Goods 313.6 8.5 678.5 16.4Exports of Services 116.0 3.1 127.2 3.1TOTAL 429.5 11.6 805.6 19.5

2016-20172015-2016

EXPORTS

Source: Philippine Statistics Authority

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549

329

209

196 24

1

707

498

308

284

225

971

569

406

303

263

0

200

400

600

800

1000

1200

COMPONENTS/DEVICES

(SEMICONDUCTORS)

TRANSPORTEQUIPMENT

ELECTRONICDATA

PROCESSING

MACHINERYAND

MECHANICALAPPLIANCES

MINERAL FUELS

in B

illion

Pes

os

TOP FIVE IMPORTS OF GOODSAnnual 2015 to 2017 Estimates, At Constant 2000 Prices

2015 2016 2017

78.5 80.9 81.9

21.5 19.1 18.1

0%10%20%30%40%50%60%70%80%90%

100%

2015 2016 2017

PERCENT DISTRIBUTION OF TOTAL IMPORTSAnnual 2015 to 2017 Estimates, At Constant Prices

IMPORTS OF GOODS IMPORTS OF SERVICES

Graph XV

Graph XVI

viii

Imports of Goods 78.5 80.9 81.9

Imports of Services 21.5 19.1 18.1

20172015 2016IMPORTS

Source: Philippine Statistics Authority

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18.6

15.9

1.6

2.3

0.0

5.0

10.0

15.0

20.0

25.0

2015-2016 2016-2017

In P

erce

nt

CONTRIBUTION TO GROWTH IN TOTAL IMPORTSAnnual 2015-2016 and 2016-2017

IMPORTS OF GOODS IMPORTS OF SERVICES

Graph XVII

Graph XVIII

ix

-785.8

-1346.9-1569.2

89.3

87.2

86.9

86

86

87

87

88

88

89

89

90

-1800

-1600

-1400

-1200

-1000

-800

-600

-400

-200

0

2015 2016 2017

Inde

x

in B

illion

pes

os

TERMS OF TRADE INDEXAnnual 2015 to 2017 Estimates

TRADE DEFICIT TRADE INDEX

Change Contribution to Change Contribution to

(in Billion Pesos Imports Growth (in Billion Pesos GNI Growth

At constant prices) (in percent) At constant prices) (in percent)

Imports of Goods 742.8 18.6 760.3 15.9Imports of Services 61.8 1.6 108.2 2.3TOTAL 804.6 20.2 868.5 18.1

2016-20172015-2016

IMPORTS

Source: Philippine Statistics Authority

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17.7

8.0 7.97.0

3.7

8.4

5.3

3.4

0

2

4

6

8

10

12

14

16

18

20

MINING & QUARRYING MANUFACTURING CONSTRUCTION ELECT, GAS & WATERSUPPLY

in P

erce

nt

Growth Rate by INDUSTRY SECTORAnnual 2017 Estimates

CURRENT CONSTANT

Graph XIX

Graph XX

x

9.6

-5.4

6.5

5.0

-7.3

-0.9

-10

-8

-6

-4

-2

0

2

4

6

8

10

12

AGRICULTURE FORESTRY FISHING

in P

erce

nt

Growth Rate by AGRICULTURE, HUNTING, FISHERY & FORESTRYAnnual 2017 Estimates

CURRENT CONSTANT

Source: Philippine Statistics Authority

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5.9

10.1

11.0

9.8

12.8

9.0

4.0

7.3 7.6 7.4

7.8

6.4

0

2

4

6

8

10

12

14

TRANSPORT, STOR.,& COMM.

TRADE FINANCIALINTERMEDIATION

RERBA PUBLIC ADMIN &DEFENSE

OTHER SERVICES

in P

erce

nt

Growth Rate by SERVICES SECTORAnnual 2017 Estimates

CURRENT CONSTANT

10.9

8.2

12.914.4

26.1

9.5

5.9

10.7

3.3

32.5

0

5

10

15

20

25

30

35

FIXED CAPITAL CONSTRUCTION DURABLE EQUIP. BS & OD IPP

in P

erce

nt

Growth Rate by GROSS DOMESTIC CAPITAL FORMATIONAnnual 2017 Estimates

CURRENT CONSTANT

Graph XXI

Graph XXII

xi

Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 1Unit: in million pesos As of June 2018

CONSOLIDATED ACCOUNT I: GROSS DOMESTIC PRODUCT AND EXPENDITUREANNUAL 2015 TO 2017AT CURRENT PRICES

-------------------------------------------------------------------------------------------------------------------------------------------TRANSACTION ITEM 2015 2016 2017-------------------------------------------------------------------------------------------------------------------------------------------

1. Compensation of Employees 4,697,958 5,165,585 5,736,629

2. Operating Surplus, net 6,333,602 6,865,864 7,480,298

3. Consumption of Fixed Capital* 1,255,560 1,331,552 1,427,434

4. Taxes on Production and on Imports** 1,124,540 1,240,103 1,318,454

5. Less: Subsidies 89,619 123,160 156,457

GROSS DOMESTIC PRODUCT 13,322,041 14,479,945 15,806,359

6. Household Final Consumption Expenditure 9,825,883 10,672,797 11,613,430

7. Government Final Consumption Expenditure 1,455,783 1,619,639 1,789,743

8. Gross Domestic Capital Formation 2,826,185 3,534,428 3,972,403 A. Fixed Capital 2,929,032 3,568,233 3,956,353 B. Changes in Inventories -102,847 -33,805 16,051

9. Exports of Goods and Services 3,782,890 4,069,198 4,892,297

10. Less: Imports of Goods and Services 4,568,699 5,416,117 6,461,514

GROSS DOMESTIC PRODUCT 13,322,041 14,479,945 15,806,359 ================================================================================

* Consumption of Fixed Capital was formerly termed as Depreciation** Taxes on Production and on Imports was formerly termed as Indirect Taxes

Note: Details may not add up to totals due to rounding

Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 2Unit: in million pesos As of June 2018

CONSOLIDATED ACCOUNTS II: NATIONAL DISPOSABLE INCOME AND ITS USEANNUAL 2015 TO 2017AT CURRENT PRICES

------------------------------------------------------------------------------------------------------------------------------------

TRANSACTION ITEM 2015 2016 2017

------------------------------------------------------------------------------------------------------------------------------------

1. Household Final Consumption Expenditure 9,825,883 10,672,797 11,613,430

2. Government Final Consumption Expenditure 1,455,783 1,619,639 1,789,743

3. Saving, net 3,636,996 3,861,824 4,241,002

USE OF NET NATIONAL DISPOSABLE INCOME 14,918,662 16,154,259 17,644,175

4. Net National Income 14,858,846 16,098,787 17,579,240 4.1. Compensation of Employees, net 7,759,569 8,338,550 9,164,389 4.1.1. From Resident Producers 4,697,958 5,165,585 5,736,629 4.1.2. From the Rest of the World (ROW) 3,061,611 3,172,964 3,427,760 4.1.3. Less: to ROW 0 0 0

4.2. Operating Surplus from Resident Producers 6,333,602 6,865,864 7,480,298 4.3. Property Income, net -269,246 -222,571 -227,445 4.3.1. From ROW 77,284 96,841 130,325 4.3.2. Less: to ROW 346,529 319,412 357,770

4.4. Taxes on Production and on Imports 1,124,540 1,240,103 1,318,454 4.5. Less:Subsidies 89,619 123,160 156,457

5. Current Transfer from ROW 95,337 84,852 97,8726. Less: Current Transfer to ROW 35,521 29,380 32,937

NET NATIONAL DISPOSABLE INCOME 14,918,662 16,154,259 17,644,175============================================================================Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 3Unit: in million pesos As of June 2018

CONSOLIDATED ACCOUNTS III: GROSS ACCUMULATIONANNUAL 2015 TO 2017AT CURRENT PRICES

------------------------------------------------------------------------------------------------------------------------------------TRANSACTION ITEM 2015 2016 2017------------------------------------------------------------------------------------------------------------------------------------

1. Gross Fixed Capital Formation 2,929,032 3,568,233 3,956,353

2. Changes in Inventories -102,847 -33,805 16,051

3. Net Lending to ROW 2,070,453 1,662,111 1,699,065

GROSS ACCUMULATION 4,896,639 5,196,539 5,671,468

4. Institutional Saving, net 3,636,996 3,861,824 4,241,002

A. Non-Financial Corporations 2,072,148 2,237,129 2,476,640 B. Financial Corporations 972,452 1,111,637 1,227,670 C. General Government 439,407 374,301 390,319 D. Households including NPISH 152,990 138,757 146,373

5. Consumption of Fixed Capital 1,255,560 1,331,552 1,427,434 6. Capital Transfer from ROW 4,082 3,164 3,033

FINANCE OF GROSS ACCUMULATION 4,896,639 5,196,539 5,671,468============================================================================Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 4Unit: in million pesos As of June 201

CONSOLIDATED ACCOUNTS IV: EXTERNAL TRANSACTIONSANNUAL 2015 TO 2017AT CURRENT PRICES

------------------------------------------------------------------------------------------------------------------------------------2015 2016 2017

------------------------------------------------------------------------------------------------------------------------------------1. Exports of goods and services 3,782,890 4,069,198 4,892,297

A. Goods FOB*, SNA** 2,295,636 2,334,141 2,835,789B. Services 1,487,254 1,735,057 2,056,508

2. Compensation of Employees from ROW*** 3,061,611 3,172,964 3,427,760

3. Property & entepreneurial income from ROW 77,284 96,841 130,325

4. Current transfers from ROW 95,337 84,852 97,872A. To General Government 31,042 29,350 28,467B. To Households 4,077 3,575 4,571C. To Other Institutional Sectors 60,218 51,928 64,835

CURRENT RECEIPTS 7,017,121 7,423,856 8,548,253

5. Imports of goods and services 4,568,699 5,416,117 6,461,514A. Goods FOB, SNA 3,543,032 4,284,122 5,185,850B. Services 1,025,667 1,131,995 1,275,664

6. Compensation of Employees to ROW 0 0 0

7. Property & entepreneurial income to ROW 346,529 319,412 357,770

8. Current transfers to ROW 35,521 29,380 32,937A. From General Government 2,524 2,738 3,393B. From Households 2,092 1,716 1,946C. From Other Institutional Sectors 30,905 24,926 27,598

b.1 Non-financial 28,963 23,351 25,824b.2 Financial 1,942 1,575 1,774

9. Surplus on current transactions 2,066,371 1,658,947 1,696,032

CURRENT DISBURSEMENTS 7,017,121 7,423,856 8,548,253

10. Surplus on current transactions 2,066,371 1,658,947 1,696,032

11. Capital transfer from ROW 4,082 3,164 3,033

12. Net lending to ROW 2,070,453 1,662,111 1,699,065============================================================================

* FOB - Free-on-Board** SNA - System of National Accounts** ROW - Rest of the World

Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 5Unit: in million pesos As of June 2018

INCOME AND OUTLAY ACCOUNT I: NON-FINANCIAL CORPORATIONSANNUAL 2015 TO 2017AT CURRENT PRICES

----------------------------------------------------------------------------------------------------------------------------------------TRANSACTION ITEM 2015 2016 2017----------------------------------------------------------------------------------------------------------------------------------------

1. Operating Surplus, net 3,145,080 3,357,647 3,649,762

2. Property Income 382,485 536,180 477,985

3. Current Transfers, received 165,960 184,393 228,558 A. Non-life Insurance Claims 28,696 24,688 26,806 B. Other Current Transfers 137,265 159,706 201,751

TOTAL INCOME 3,693,525 4,078,220 4,356,304

4. Property Expense 1,077,989 1,156,144 1,131,144

5. Current Transfers, paid 83,422 74,663 79,853 A. Non-life Insurance Premiums 28,696 24,688 26,806 B. Other Current Transfers 54,726 49,975 53,046

6. Taxes on Income and Wealth 459,967 610,284 668,667

7. Saving, net 2,072,148 2,237,129 2,476,640

TOTAL USE OF INCOME 3,693,525 4,078,220 4,356,304 ==============================================================================Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 6Unit: in million pesos As of June 2018

INCOME AND OUTLAY ACCOUNT II: FINANCIAL CORPORATIONSANNUAL 2015 TO 2017AT CURRENT PRICES

-----------------------------------------------------------------------------------------------------------------------------------TRANSACTION ITEMS 2015 2016 2017

-----------------------------------------------------------------------------------------------------------------------------------

1. Operating Surplus, net 624,997 742,213 829,973

2. Property Income 529,357 569,280 625,704

3. Current Transfers, received 33,149 29,126 32,230A. Non-life Insurance Premiums 24,289 21,166 22,982B. Non-life Insurance Claims 5,076 4,678 5,080C. Other Current Transfers 3,784 3,281 4,168

TOTAL INCOME 1,187,504 1,340,619 1,487,907

4. Property Expense 122,432 134,130 154,791

5. Current Transfers, paid 48,156 47,343 52,042A. Non-life Insurance Premiums 24,289 21,166 22,982B. Non-life Insurance Claims 5,076 4,678 5,080C. Other Current Transfers 18,791 21,499 23,980

6. Taxes on Income and Wealth 44,463 47,509 53,403

7. Saving, net 972,452 1,111,637 1,227,670

TOTAL USE OF INCOME 1,187,504 1,340,619 1,487,907===========================================================================Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 7Unit: in million pesos As of June 2018

INCOME AND OUTLAY ACCOUNT III: GENERAL GOVERNMENTANNUAL 2015 TO 2017AT CURRENT PRICES

--------------------------------------------------------------------------------------------------------------------------------------------TRANSACTION ITEM 2015 2016 2017--------------------------------------------------------------------------------------------------------------------------------------------

1. Property Income 176,377 160,695 79,248

2. Taxes on Production and on Imports 1,124,540 1,240,103 1,318,454

3. Current Taxes on Income and Wealth 867,143 928,388 1,032,763

4. Compulsary Fees and Fines 185,493 192,362 217,831

5. Employer's Social Contributions 236,805 237,741 263,391

6. Current Transfers, received 71,177 79,456 86,378 a. Non-life Insurance Claims 512 406 441 b. Other Current Transfers 70,664 79,050 85,938

TOTAL INCOME 2,661,535 2,838,745 2,998,066

7. Government Final Consumption Expenditure 1,455,783 1,619,639 1,789,743

8. Property Expense 409,207 400,841 346,597

9. Current Transfers 17,939 18,092 18,737 a. Non-life Insurance Premiums 512 406 441 b. Other Current Transfers, paid 17,427 17,686 18,297

10. Subsidies 89,619 123,160 156,457

11. Social Benefits Other than Social Transfers in Kind 249,580 302,713 296,212

12. Saving, net 439,407 374,301 390,319

TOTAL USE OF INCOME 2,661,535 2,838,745 2,998,066 =================================================================================Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 8Unit: in million pesos As of June 2018

INCOME AND OUTLAY ACCOUNT IV: HOUSEHOLDS INCLUDING NPISHANNUAL 2015 TO 2017AT CURRENT PRICES

------------------------------------------------------------------------------------------------------------------------------------TRANSACTION ITEM 2015 2016 2017------------------------------------------------------------------------------------------------------------------------------------

1. Operating Surplus, net/Mixed Income 2,563,525 2,766,004 3,000,564

2. Compensation of Employees (CE) 7,759,569 8,338,550 9,164,389a. CE from Domestic 4,697,958 5,165,585 5,736,629b. CE from ROW 3,061,611 3,172,964 3,427,760

3. Property Income 455,876 486,726 497,596

4. Social Security Benefits 249,580 302,713 296,212

5. Current Transfers, received 359,280 398,889 446,853a. Non-life Insurance Claims 9,671 8,532 9,264b. Other Current Transfers 349,609 390,358 437,590

TOTAL INCOME 11,387,829 12,292,881 13,405,615

6. Household Final Consumption Expenditure 9,825,883 10,672,797 11,613,430

7. Property Expense 212,141 219,888 233,066

8. Taxes on Income and Wealth 616,491 662,984 752,676

9. Compulsory Fees and Fines 185,493 192,362 217,831

10. Social Security Contributions 236,805 237,741 263,391

11. Current Transfers, paid 158,026 168,352 178,848a. Non-life Insurance Premiums 9,671 8,532 9,264b. Other Current Transfers 148,356 159,820 169,584

12. Saving, net 152,990 138,757 146,373

TOTAL USE OF INCOME 11,387,829 12,292,881 13,405,615============================================================================Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 9Unit: in million pesos As of June 2018

SUB-ACCOUNT IA. FACTOR SHARES BY INSTITUTIONAL SECTORSANNUAL 2015 TO 2017AT CURRENT PRICES

-----------------------------------------------------------------------------------------------------------------------------------------------------------------

TRANSACTIONS TOTALNON

FINANCIALFINANCIAL

GENERAL GOVERNMENT

HOUSEHOLDS including

NPISH-----------------------------------------------------------------------------------------------------------------------------------------------------------------

20151. Compensation of Employees 4,697,958 2,284,456 221,078 798,990 1,393,4342. Operating Surplus, net 6,333,602 3,145,080 624,997 0 2,563,5253. Consumption of Fixed Capital 1,255,560 810,067 101,614 48,656 295,2234. Taxes on Production and on Imports 1,034,921 559,994 93,343 6,252 375,333 less Subsidies

GROSS DOMESTIC PRODUCT 13,322,041 6,799,596 1,041,032 853,898 4,627,515

20161. Compensation of Employees 5,165,585 2,487,785 243,157 902,486 1,532,1582. Operating Surplus, net 6,865,864 3,357,647 742,213 0 2,766,0043. Consumption of Fixed Capital 1,331,552 889,318 77,862 51,421 312,9524. Taxes on Production and on Imports 1,116,944 583,800 89,656 6,888 436,600 less Subsidies

GROSS DOMESTIC PRODUCT 14,479,945 7,318,549 1,152,887 960,794 5,047,714

20171. Compensation of Employees 5,736,629 2,728,692 319,613 1,028,554 1,659,7702. Operating Surplus, net 7,480,298 3,649,762 829,973 0 3,000,5643. Consumption of Fixed Capital 1,427,434 974,909 49,624 60,600 342,3014. Taxes on Production and on Imports 1,161,998 619,139 80,783 7,675 454,401 less Subsidies

GROSS DOMESTIC PRODUCT 15,806,359 7,972,501 1,279,992 1,096,829 5,457,037

==========================================================================================Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 10Unit: in percent As of June 2018

SUB-ACCOUNT IB. PERCENT CONTRIBUTION OF INSTITUTIONAL SECTORSANNUAL 2015 TO 2017IN PERCENT

-----------------------------------------------------------------------------------------------------------------------------------------------------------------

TRANSACTIONS TOTALNON

FINANCIALFINANCIAL

GENERAL GOVERNMENT

HOUSEHOLDS including

NPISH-----------------------------------------------------------------------------------------------------------------------------------------------------------------

20151. Compensation of Employees 35.3 33.6 21.2 93.6 30.12. Operating Surplus, net 47.5 46.3 60.0 0.0 55.43. Consumption of Fixed Capital 9.4 11.9 9.8 5.7 6.44. Taxes on Production and on Imports 7.8 8.2 9.0 0.7 8.1 less Subsidies

GROSS DOMESTIC PRODUCT 100.0 100.0 100.0 100.0 100.0

20161. Compensation of Employees 35.7 34.0 21.1 93.9 30.42. Operating Surplus, net 47.4 45.9 64.4 0.0 54.83. Consumption of Fixed Capital 9.2 12.2 6.8 5.4 6.24. Taxes on Production and on Imports 7.7 8.0 7.8 0.7 8.6 less Subsidies

GROSS DOMESTIC PRODUCT 100.0 100.0 100.0 100.0 100.0

20171. Compensation of Employees 36.3 34.2 25.0 93.8 30.42. Operating Surplus, net 47.3 45.8 64.8 0.0 55.03. Consumption of Fixed Capital 9.0 12.2 3.9 5.5 6.34. Taxes on Production and on Imports 7.4 7.8 6.3 0.7 8.3 less Subsidies

GROSS DOMESTIC PRODUCT 100.0 100.0 100.0 100.0 100.0

==========================================================================================Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 11Unit: in percent As of June 2018

SUB-ACCOUNT IC. FACTOR SHARES BY INSTITUTIONAL SECTORSANNUAL 2015 TO 2017PERCENT DISTRIBUTION

-----------------------------------------------------------------------------------------------------------------------------------------------------------------

TRANSACTIONS TOTALNON

FINANCIALFINANCIAL

GENERALGOVERNMENT

HOUSEHOLDS including

NPISH-----------------------------------------------------------------------------------------------------------------------------------------------------------------

20151. Compensation of Employees 100.0 48.6 4.7 17.0 29.72. Operating Surplus, net 100.0 49.7 9.9 0.0 40.53. Consumption of Fixed Capital 100.0 64.5 8.1 3.9 23.54. Taxes on Production and on Imports 100.0 54.1 9.0 0.6 36.3 less Subsidies

GROSS DOMESTIC PRODUCT 100.0 51.0 7.8 6.4 34.7

20161. Compensation of Employees 100.0 48.2 4.7 17.5 29.72. Operating Surplus, net 100.0 48.9 10.8 0.0 40.33. Consumption of Fixed Capital 100.0 66.8 5.8 3.9 23.54. Taxes on Production and on Imports 100.0 52.3 8.0 0.6 39.1 less Subsidies

GROSS DOMESTIC PRODUCT 100.0 50.5 8.0 6.6 34.9

20171. Compensation of Employees 100.0 47.6 5.6 17.9 28.92. Operating Surplus, net 100.0 48.8 11.1 0.0 40.13. Consumption of Fixed Capital 100.0 68.3 3.5 4.2 24.04. Taxes on Production and on Imports 100.0 53.3 7.0 0.7 39.1 less Subsidies

GROSS DOMESTIC PRODUCT 100.0 50.4 8.1 6.9 34.5

==========================================================================================Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 12Unit: in million pesos As of June 2018

TAXES ON PRODUCTION AND IMPORTS AND TAXES ON INCOME AND WEALTHANNUAL 2015 TO 2017AT CURRENT PRICES

--------------------------------------------------------------------------------------------------------------------------------------------2015 2016 2017

--------------------------------------------------------------------------------------------------------------------------------------------

Taxes on Production and Imports 1,124,540 1,240,103 1,318,454a.Taxes in Business and Occupation 613,893 690,303 774,782b. Excise Tax on Domestic Product 224,413 235,975 225,414c. Excise Tax on Imports 27,171 28,571 27,292d. Export Duties 0 0 0e. Import Duties 62,377 67,793 64,759f. Other Indirect Taxes 196,687 217,462 226,206

Current Taxes on Income and Wealth 867,143 928,388 1,032,763a. Income Tax on Business 469,538 496,331 552,837b. Income Tax on Individual 362,713 395,156 440,144c. Other Direct Taxes 34,892 36,901 39,782===============================================================================Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 13Unit: In million pesos As of June 2018

ANNUAL 2015 TO 2017AT CURRENT PRICES

----------------------------------------------------------------------------------------------------------------------------------- ANNUAL

TYPE OF EXPENDITURE 2015 2016 2017-----------------------------------------------------------------------------------------------------------------------------------1. Household Final Consumption Expenditure 9,825,883 10,672,797 11,613,4302. Government Final Consumption Expenditure 1,455,783 1,619,639 1,789,743

3. Capital Formation (FC+CI) 2,826,185 3,534,428 3,972,403 A. Fixed Capital (FC) 2,929,032 3,568,233 3,956,353 1. Construction 1,566,901 1,794,018 1,941,333 2. Durable Equipment 1,129,826 1,512,204 1,706,658 3. Breeding Stock & Orchard Dev't 172,474 188,839 216,114 4. Intellectual Property Products 59,830 73,173 92,248 B. Changes in Inventories (CI) -102,847 -33,805 16,051

4. Exports 3,782,890 4,069,198 4,892,297 A. Exports of Goods 2,295,636 2,334,141 2,835,789 B. Exports of Services 1,487,254 1,735,057 2,056,508

5. Less : Imports 4,568,699 5,416,117 6,461,514 A. Imports of Goods 3,543,032 4,284,122 5,185,850 B. Imports of Services 1,025,667 1,131,995 1,275,664

6. Statistical Discrepancy 0 0 0

GROSS DOMESTIC PRODUCT 13,322,041 14,479,945 15,806,359

Net Primary Income from the rest of the world 2,792,365 2,950,394 3,200,314

GROSS NATIONAL INCOME 16,114,406 17,430,338 19,006,673

============================================================================ p y p Source: Philippine Statistics Authority

TABLE 1A. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY EXPENDITURE SHARES

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 14Unit: In million pesos As of June 2018

ANNUAL 2015 TO 2017AT CONSTANT 2000 PRICES

----------------------------------------------------------------------------------------------------------------------------------- ANNUAL

TYPE OF EXPENDITURE 2015 2016 2017-----------------------------------------------------------------------------------------------------------------------------------

1. Household Final Consumption Expenditure 5,266,632 5,642,389 5,973,8162. Government Final Consumption Expenditure 783,955 854,570 914,136

3. Capital Formation (FC+CI) 1,838,432 2,289,675 2,504,502 A. Fixed Capital (FC) 1,800,535 2,270,587 2,485,451 1. Construction 701,802 793,470 839,967 2. Durable Equipment 938,733 1,292,959 1,431,518 3. Breeding Stock & Orchard Dev't 99,286 102,845 106,262 4. Intellectual Property Products 60,713 81,313 107,704 B. Changes in Inventories (CI) 37,897 19,087 19,051

4. Exports 3,695,428 4,124,942 4,930,584 A. Exports of Goods 2,936,403 3,249,966 3,928,434 B. Exports of Services 759,025 874,976 1,002,150

5. Less : Imports 3,984,272 4,788,834 5,657,331 A. Imports of Goods 3,129,043 3,871,839 4,632,180 B. Imports of Services 855,229 916,995 1,025,152

6. Statistical Discrepancy 0 0 0

GROSS DOMESTIC PRODUCT 7,600,175 8,122,741 8,665,708

Net Primary Income from the rest of the world 1,542,980 1,632,345 1,729,139

GROSS NATIONAL INCOME 9,143,155 9,755,087 10,394,846

============================================================================Source: Philippine Statistics Authority

TABLE 1B. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY EXPENDITURE SHARES

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 15Unit: In Percent As of June 2018

ANNUAL 2015 TO 2017AT CURRENT PRICESPercent Distribution-----------------------------------------------------------------------------------------------------------------------------------

ANNUALTYPE OF EXPENDITURE 2015 2016 2017-----------------------------------------------------------------------------------------------------------------------------------

1. Household Final Consumption Expenditure 61.0 61.2 61.12. Government Final Consumption Expenditure 9.0 9.3 9.4

3. Capital Formation (FC+CI) 17.5 20.3 20.9 A. Fixed Capital (FC) 18.2 20.5 20.8 1. Construction 9.7 10.3 10.2 2. Durable Equipment 7.0 8.7 9.0 3. Breeding Stock & Orchard Dev't 1.1 1.1 1.1 4. Intellectual Property Products 0.4 0.4 0.5

4. Exports 23.5 23.3 25.7 A. Exports of Goods 14.2 13.4 14.9 B. Exports of Services 9.2 10.0 10.8

5. Less : Imports 28.4 31.1 34.0 A. Imports of Goods 22.0 24.6 27.3 B. Imports of Services 6.4 6.5 6.7

GROSS DOMESTIC PRODUCT 82.7 83.1 83.2

GROSS NATIONAL INCOME 100.0 100.0 100.0

============================================================================Source: Philippine Statistics Authority

TABLE 2A. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY EXPENDITURE SHARES

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 16Unit: In Percent As of June 2018

ANNUAL 2015 TO 2017AT CONSTANT 2000 PRICESPercent Distribution-----------------------------------------------------------------------------------------------------------------------------------

ANNUALTYPE OF EXPENDITURE 2015 2016 2017-----------------------------------------------------------------------------------------------------------------------------------

1. Household Final Consumption Expenditure 57.6 57.8 57.52. Government Final Consumption Expenditure 8.6 8.8 8.8

3. Capital Formation (FC+CI) 20.1 23.5 24.1 A. Fixed Capital (FC) 19.7 23.3 23.9 1. Construction 7.7 8.1 8.1 2. Durable Equipment 10.3 13.3 13.8 3. Breeding Stock & Orchard Dev't 1.1 1.1 1.0 4. Intellectual Property Products 0.7 0.8 1.0

4. Exports 40.4 42.3 47.4 A. Exports of Goods 32.1 33.3 37.8 B. Exports of Services 8.3 9.0 9.6

5. Less : Imports 43.6 49.1 54.4 A. Imports of Goods 34.2 39.7 44.6 B. Imports of Services 9.4 9.4 9.9

GROSS DOMESTIC PRODUCT 83.1 83.3 83.4

GROSS NATIONAL INCOME 100.0 100.0 100.0

============================================================================Source: Philippine Statistics Authority

TABLE 2B. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY EXPENDITURE SHARES

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 17Unit: In Percent As of June 2018

ANNUAL 2015 TO 2017AT CURRENT PRICESGrowth Rates-------------------------------------------------------------------------------------------------------------------

ANNUAL

TYPE OF EXPENDITURE 15-16 16-17-------------------------------------------------------------------------------------------------------------------

1. Household Final Consumption Expenditure 8.6 8.82. Government Final Consumption Expenditure 11.3 10.5

3. Capital Formation (FC+CI) 25.1 12.4 A. Fixed Capital (FC) 21.8 10.9 1. Construction 14.5 8.2 2. Durable Equipment 33.8 12.9 3. Breeding Stock & Orchard Dev't 9.5 14.4 4. Intellectual Property Products 22.3 26.1

4. Exports 7.6 20.2 A. Exports of Goods 1.7 21.5 B. Exports of Services 16.7 18.5

5. Less : Imports 18.5 19.3 A. Imports of Goods 20.9 21.0 B. Imports of Services 10.4 12.7

GROSS DOMESTIC PRODUCT 8.7 9.2

GROSS NATIONAL INCOME 8.2 9.0

===================================================================Source: Philippine Statistics Authority

TABLE 3A. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY EXPENDITURE SHARES

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 18Unit: In Percent As of June 2018

ANNUAL 2015 TO 2017AT CONSTANT 2000 PRICESGrowth Rates-------------------------------------------------------------------------------------------------------------------

ANNUAL

TYPE OF EXPENDITURE 15-16 16-17-------------------------------------------------------------------------------------------------------------------

1. Household Final Consumption Expenditure 7.1 5.92. Government Final Consumption Expenditure 9.0 7.0

3. Capital Formation (FC+CI) 24.5 9.4 A. Fixed Capital (FC) 26.1 9.5 1. Construction 13.1 5.9 2. Durable Equipment 37.7 10.7 3. Breeding Stock & Orchard Dev't 3.6 3.3 4. Intellectual Property Products 33.9 32.5

4. Exports 11.6 19.5 A. Exports of Goods 10.7 20.9 B. Exports of Services 15.3 14.5

5. Less : Imports 20.2 18.1 A. Imports of Goods 23.7 19.6 B. Imports of Services 7.2 11.8

GROSS DOMESTIC PRODUCT 6.9 6.7

GROSS NATIONAL INCOME 6.7 6.6

===================================================================Source: Philippine Statistics Authority

TABLE 3B. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY EXPENDITURE SHARES

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 19Base Year: 2000 As of June 2018

ANNUAL 2015 TO 2017Implicit Price Index

----------------------------------------------------------------------------------------------------------------------------------- ANNUAL

TYPE OF EXPENDITURE 2015 2016 2017-----------------------------------------------------------------------------------------------------------------------------------

1. Household Final Consumption Expenditure 186.6 189.2 194.42. Government Final Consumption Expenditure 185.7 189.5 195.8

3. Capital Formation (FC+CI) 153.7 154.4 158.6 A. Fixed Capital (FC) 162.7 157.2 159.2 1. Construction 223.3 226.1 231.1 2. Durable Equipment 120.4 117.0 119.2 3. Breeding Stock & Orchard Dev't 173.7 183.6 203.4 4. Intellectual Property Products 98.5 90.0 85.6

4. Exports 102.4 98.6 99.2 A. Exports of Goods 78.2 71.8 72.2 B. Exports of Services 195.9 198.3 205.2

5. Less : Imports 114.7 113.1 114.2 A. Imports of Goods 113.2 110.6 112.0 B. Imports of Services 119.9 123.4 124.4

GROSS DOMESTIC PRODUCT 175.3 178.3 182.4

GROSS NATIONAL INCOME 176.2 178.7 182.8

============================================================================Source: Philippine Statistics Authority

TABLE 4. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY EXPENDITURE SHARES

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 20Unit: In million pesos As of June 2018

ANNUAL 2015 TO 2017AT CURRENT PRICES

----------------------------------------------------------------------------------------------------------------------------------- ANNUAL

INDUSTRY 2015 2016 2017-----------------------------------------------------------------------------------------------------------------------------------

1. AGRI., HUNTING, FORESTRY AND FISHING 1,366,866 1,398,063 1,526,654 a. Agriculture and forestry 1,173,088 1,212,872 1,329,426 b. Fishing 193,778 185,191 197,228

2. INDUSTRY SECTOR 4,116,022 4,452,107 4,813,400 a. Mining & Quarrying 108,109 114,330 134,514 b. Manufacturing 2,669,222 2,847,597 3,074,575 c. Construction 904,510 1,034,279 1,116,365 d. Electricity, Gas and Water Supply 434,181 455,901 487,946

3. SERVICE SECTOR 7,839,154 8,629,775 9,466,305 a. Transport, Storage & Communication 856,051 909,269 962,540 b. Trade and Repair of Motor Vehicles, Motorcycles, Personal and Household Goods 2,412,096 2,652,835 2,919,613 c. Financial Intermediation 1,063,668 1,168,611 1,297,428 d. R. Estate, Renting & Business Activities 1,698,079 1,898,993 2,084,798 e. Public Administration & Defense; Compulsory Social Security 512,992 575,043 648,404 f. Other Services 1,296,268 1,425,023 1,553,521

GROSS DOMESTIC PRODUCT 13,322,041 14,479,945 15,806,359

Net Primary Income from the rest of the world 2,792,365 2,950,394 3,200,314

GROSS NATIONAL INCOME 16,114,406 17,430,338 19,006,673

============================================================================Source: Philippine Statistics Authority

TABLE 5A. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 21Unit: In million pesos As of June 2018

ANNUAL 2015 TO 2017AT CONSTANT 2000 PRICES

----------------------------------------------------------------------------------------------------------------------------------- ANNUAL

INDUSTRY 2015 2016 2017-----------------------------------------------------------------------------------------------------------------------------------

1. AGRI., HUNTING, FORESTRY AND FISHING 719,742 710,926 739,029 a. Agriculture and forestry 591,269 587,579 616,780 b. Fishing 128,473 123,347 122,249

2. INDUSTRY SECTOR 2,545,411 2,750,034 2,947,103 a. Mining & Quarrying 80,500 83,106 86,222 b. Manufacturing 1,760,989 1,885,514 2,043,118 c. Construction 456,932 512,113 539,267 d. Electricity, Gas and Water Supply 246,990 269,301 278,497

3. SERVICE SECTOR 4,335,022 4,661,781 4,979,575 a. Transport, Storage & Communication 581,289 611,902 636,577 b. Trade and Repair of Motor Vehicles, Motorcycles, Personal and Household Goods 1,270,526 1,367,438 1,467,855 c. Financial Intermediation 546,714 590,112 635,064 d. R. Estate, Renting & Business Activities 854,747 930,685 999,493 e. Public Administration & Defense; Compulsory Social Security 297,449 318,540 343,251 f. Other Services 784,297 843,105 897,335

GROSS DOMESTIC PRODUCT 7,600,175 8,122,741 8,665,708

Net Primary Income from the rest of the world 1,542,980 1,632,345 1,729,139

GROSS NATIONAL INCOME 9,143,155 9,755,087 10,394,846

============================================================================Source: Philippine Statistics Authority

TABLE 5B. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 22Unit: In Percent As of June 2018

ANNUAL 2015 TO 2017AT CURRENT PRICESPercent Distribution-----------------------------------------------------------------------------------------------------------------------------------

ANNUAL INDUSTRY 2015 2016 2017-----------------------------------------------------------------------------------------------------------------------------------

1. AGRI., HUNTING, FORESTRY AND FISHING 8.5 8.0 8.0 a. Agriculture and forestry 7.3 7.0 7.0 b. Fishing 1.2 1.1 1.0

2. INDUSTRY SECTOR 25.5 25.5 25.3 a. Mining & Quarrying 0.7 0.7 0.7 b. Manufacturing 16.6 16.3 16.2 c. Construction 5.6 5.9 5.9 d. Electricity, Gas and Water Supply 2.7 2.6 2.6

3. SERVICE SECTOR 48.6 49.5 49.8 a. Transport, Storage & Communication 5.3 5.2 5.1

b. Trade and Repair of Motor Vehicles, Motorcycles, Personal and Household Goods 15.0 15.2 15.4 c. Financial Intermediation 6.6 6.7 6.8 d. R. Estate, Renting & Business Activities 10.5 10.9 11.0 e. Public Administration & Defense; Compulsory Social Security 3.2 3.3 3.4 f. Other Services 8.0 8.2 8.2

GROSS DOMESTIC PRODUCT 82.7 83.1 83.2

GROSS NATIONAL INCOME 100.0 100.0 100.0

============================================================================Source: Philippine Statistics Authority

TABLE 6A. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 23Unit: In Percent As of June 2018

ANNUAL 2015 TO 2017AT CONSTANT 2000 PRICESPercent Distribution-----------------------------------------------------------------------------------------------------------------------------------

ANNUAL INDUSTRY 2015 2016 2017-----------------------------------------------------------------------------------------------------------------------------------

1. AGRI., HUNTING, FORESTRY AND FISHING 7.9 7.3 7.1 a. Agriculture and forestry 6.5 6.0 5.9 b. Fishing 1.4 1.3 1.2

2. INDUSTRY SECTOR 27.8 28.2 28.4 a. Mining & Quarrying 0.9 0.9 0.8 b. Manufacturing 19.3 19.3 19.7 c. Construction 5.0 5.2 5.2 d. Electricity, Gas and Water Supply 2.7 2.8 2.7

3. SERVICE SECTOR 47.4 47.8 47.9 a. Transport, Storage & Communication 6.4 6.3 6.1 b. Trade and Repair of Motor Vehicles, Motorcycles, Personal and Household Goods 13.9 14.0 14.1 c. Financial Intermediation 6.0 6.0 6.1 d. R. Estate, Renting & Business Activities 9.3 9.5 9.6 e. Public Administration & Defense; Compulsory Social Security 3.3 3.3 3.3 f. Other Services 8.6 8.6 8.6

GROSS DOMESTIC PRODUCT 83.1 83.3 83.4

GROSS NATIONAL INCOME 100.0 100.0 100.0

============================================================================Source: Philippine Statistics Authority

TABLE 6B. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 24Unit: In Percent As of June 2018

ANNUAL 2015 TO 2017AT CURRENT PRICESGrowth Rates-------------------------------------------------------------------------------------------------------------------

ANNUAL

INDUSTRY 15-16 16-17-------------------------------------------------------------------------------------------------------------------

1. AGRI., HUNTING, FORESTRY AND FISHING 2.3 9.2 a. Agriculture and forestry 3.4 9.6 b. Fishing -4.4 6.5

2. INDUSTRY SECTOR 8.2 8.1 a. Mining & Quarrying 5.8 17.7 b. Manufacturing 6.7 8.0 c. Construction 14.3 7.9 d. Electricity, Gas and Water Supply 5.0 7.0

3. SERVICE SECTOR 10.1 9.7 a. Transport, Storage & Communication 6.2 5.9 b. Trade and Repair of Motor Vehicles, Motorcycles, Personal and Household Goods 10.0 10.1 c. Financial Intermediation 9.9 11.0 d. R. Estate, Renting & Business Activities 11.8 9.8 e. Public Administration & Defense; Compulsory Social Security 12.1 12.8 f. Other Services 9.9 9.0

GROSS DOMESTIC PRODUCT 8.7 9.2

GROSS NATIONAL INCOME 8.2 9.0

===================================================================Source: Philippine Statistics Authority

TABLE 7A. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 25Unit: In Percent As of June 2018

ANNUAL 2015 TO 2017AT CONSTANT 2000 PRICESGrowth Rates-------------------------------------------------------------------------------------------------------------------

ANNUAL

INDUSTRY 15-16 16-17-------------------------------------------------------------------------------------------------------------------

1. AGRI., HUNTING, FORESTRY AND FISHING -1.2 4.0 a. Agriculture and forestry -0.6 5.0 b. Fishing -4.0 -0.9

2. INDUSTRY SECTOR 8.0 7.2 a. Mining & Quarrying 3.2 3.7 b. Manufacturing 7.1 8.4 c. Construction 12.1 5.3 d. Electricity, Gas and Water Supply 9.0 3.4

3. SERVICE SECTOR 7.5 6.8 a. Transport, Storage & Communication 5.3 4.0 b. Trade and Repair of Motor Vehicles, Motorcycles, Personal and Household Goods 7.6 7.3 c. Financial Intermediation 7.9 7.6 d. R. Estate, Renting & Business Activities 8.9 7.4 e. Public Administration & Defense; Compulsory Social Security 7.1 7.8 f. Other Services 7.5 6.4

GROSS DOMESTIC PRODUCT 6.9 6.7

GROSS NATIONAL INCOME 6.7 6.6

===================================================================Source: Philippine Statistics Authority

TABLE 7B. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 26Base Year: 2000 As of June 2018

ANNUAL 2015 TO 2017Implicit Price Index

----------------------------------------------------------------------------------------------------------------------------------- ANNUAL

INDUSTRY 2015 2016 2017-----------------------------------------------------------------------------------------------------------------------------------

1. AGRI., HUNTING, FORESTRY AND FISHING 189.9 196.7 206.6 a. Agriculture and forestry 198.4 206.4 215.5 b. Fishing 150.8 150.1 161.3

2. INDUSTRY SECTOR 161.7 161.9 163.3 a. Mining & Quarrying 134.3 137.6 156.0 b. Manufacturing 151.6 151.0 150.5 c. Construction 198.0 202.0 207.0 d. Electricity, Gas and Water Supply 175.8 169.3 175.2

3. SERVICE SECTOR 180.8 185.1 190.1 a. Transport, Storage & Communication 147.3 148.6 151.2 b. Trade and Repair of Motor Vehicles, Motorcycles, Personal and Household Goods 189.9 194.0 198.9 c. Financial Intermediation 194.6 198.0 204.3 d. R. Estate, Renting & Business Activities 198.7 204.0 208.6 e. Public Administration & Defense; Compulsory Social Security 172.5 180.5 188.9 f. Other Services 165.3 169.0 173.1

GROSS DOMESTIC PRODUCT 175.3 178.3 182.4

GROSS NATIONAL INCOME 176.2 178.7 182.8

============================================================================Source: Philippine Statistics Authority

TABLE 8. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 27Unit: In Pesos As of June 2018

ANNUAL 2015 TO 2017

----------------------------------------------------------------------------------------------------------------------------------- ANNUAL

TYPE OF EXPENDITURE 2015 2016 2017-----------------------------------------------------------------------------------------------------------------------------------

A. Estimates in current pesos

1. GROSS DOMESTIC PRODUCT 131,171 140,251 150,6502. GROSS NATIONAL INCOME 158,665 168,828 181,1523. HOUSEHOLD FINAL CONSUMPTION EXPENDITURE 96,747 103,376 110,687

B. Estimates in constant (2000) pesos

1. GROSS DOMESTIC PRODUCT 74,833 78,676 82,5922. GROSS NATIONAL INCOME 90,025 94,487 99,0733. HOUSEHOLD FINAL CONSUMPTION EXPENDITURE 51,856 54,652 56,936

C. Population* 101.6 103.2 104.9 (million persons)

============================================================================

* The quarterly population estimates were computed using the official national 2010 Census-based population projections, applying the Waring-Lagrange polynomial interpolation.

Source: Philippine Statistics Authority

TABLE 9A. PER CAPITA: GROSS DOMESTIC PRODUCT, GROSS NATIONAL INCOME, AND HOUSEHOLD FINAL CONSUMPTION EXPENDITURE

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 28Unit: In Percent As of June 2018

ANNUAL 2015 TO 2017Growth Rates-------------------------------------------------------------------------------------------------------------------

ANNUALTYPE OF EXPENDITURE 15-16 16-17-------------------------------------------------------------------------------------------------------------------

A. Estimates in current pesos

1. GROSS DOMESTIC PRODUCT 6.9 7.42. GROSS NATIONAL INCOME 6.4 7.33. HOUSEHOLD FINAL CONSUMPTION EXPENDITURE 6.9 7.1

B. Estimates in constant (2000) pesos

1. GROSS DOMESTIC PRODUCT 5.1 5.02. GROSS NATIONAL INCOME 5.0 4.93. HOUSEHOLD FINAL CONSUMPTION EXPENDITURE 5.4 4.2

===================================================================Source: Philippine Statistics Authority

TABLE 9B. PER CAPITA: GROSS DOMESTIC PRODUCT, GROSS NATIONAL INCOME, AND HOUSEHOLD FINAL CONSUMPTION EXPENDITURE

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 29Unit: In million pesos As of June 2018

TABLE 9C. NET PRIMARY INCOME FROM THE REST OF THE WORLDANNUAL 2015 TO 2017AT CURRENT PRICES

----------------------------------------------------------------------------------------------------------------------------------- ANNUAL

2015 2016 2017-----------------------------------------------------------------------------------------------------------------------------------Net Primary Income from the rest of the world 2,792,365 2,950,394 3,200,314

INFLOWCompensation 3,061,611 3,172,964 3,427,760Property Income 77,284 96,841 130,325TOTAL 3,138,894 3,269,805 3,558,084

OUTFLOWCompensation 0 0 0Property Expense 346,529 319,412 357,770TOTAL 346,529 319,412 357,770

============================================================================Source: Philippine Statistics Authority

NATIONAL ACCOUNTS OF THE PHILIPPINESUnit: In million pesos

TABLE 9D. NET PRIMARY INCOME FROM THE REST OF THE WORLDANNUAL 2015 TO 2017AT CONSTANT 2000 PRICES-----------------------------------------------------------------------------------------------------------------------------------

ANNUAL2015 2016 2017

-----------------------------------------------------------------------------------------------------------------------------------Net Primary Income from the rest of the world 1,542,980 1,632,345 1,729,139

INFLOWCompensation 1,691,518 1,755,583 1,852,083Property Income 42,723 53,522 70,302TOTAL 1,734,241 1,809,105 1,922,385

OUTFLOWCompensation 0 0 0Property Expense 191,261 176,760 193,246TOTAL 191,261 176,760 193,246

============================================================================Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 30Unit: In Percent As of June 2018

TABLE 9E. NET PRIMARY INCOME FROM THE REST OF THE WORLDANNUAL 2015 TO 2017AT CURRENT PRICESGrowth Rates -------------------------------------------------------------------------------------------------------------------

ANNUAL

15-16 16-17-------------------------------------------------------------------------------------------------------------------

Net Primary Income from the rest of the world 5.7 8.5

INFLOWCompensation 3.6 8.0Property Income 25.3 34.6TOTAL 4.2 8.8

OUTFLOWCompensation - -Property Expense -7.8 12.0TOTAL -7.8 12.0===================================================================Source: Philippine Statistics Authority

NATIONAL ACCOUNTS OF THE PHILIPPINESUnit: In Percent

TABLE 9F. NET PRIMARY INCOME FROM THE REST OF THE WORLDANNUAL 2015 TO 2017AT CONSTANT 2000 PRICESGrowth Rates

-------------------------------------------------------------------------------------------------------------------ANNUAL

15-16 16-17-------------------------------------------------------------------------------------------------------------------Net Primary Income from the rest of the world 5.8 5.9

INFLOWCompensation 3.8 5.5Property Income 25.3 31.4TOTAL 4.3 6.3

OUTFLOWCompensation - -Property Expense -7.6 9.3TOTAL -7.6 9.3

===================================================================Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 31Unit: In million pesos As of June 2018

TABLE 10A. HOUSEHOLD FINAL CONSUMPTION EXPENDITURE BY PURPOSEANNUAL 2015 TO 2017AT CURRENT PRICES----------------------------------------------------------------------------------------------------------------------------

ANNUAL EXPENDITURE GROUP 2015 2016 2017----------------------------------------------------------------------------------------------------------------------------

HOUSEHOLD FINAL CONSUMPTION EXPENDITURE 9,825,883 10,672,797 11,613,430

1. Food and Non-alcoholic beverages 4,139,099 4,498,255 4,891,1002. Alcoholic beverages, Tobacco 137,400 153,652 157,5583. Clothing and Footwear 127,987 127,407 132,0114. Housing, water, electricity, gas and other fuels 1,175,023 1,240,873 1,372,997

5. Furnishings, household equipment and routine household maintenance 366,643 381,635 416,6666. Health 276,193 309,404 338,5147. Transport 1,107,386 1,229,680 1,325,7148. Communication 299,742 310,968 322,1769. Recreation and culture 184,032 200,614 206,06410. Education 399,488 437,986 486,79511. Restaurants and hotels 383,402 424,581 479,18412. Miscellaneous goods and services 1,229,488 1,357,741 1,484,654

=======================================================================

NATIONAL ACCOUNTS OF THE PHILIPPINESUnit: In million pesos

TABLE 10B. HOUSEHOLD FINAL CONSUMPTION EXPENDITURE BY PURPOSEANNUAL 2015 TO 2017AT CONSTANT 2000 PRICES

----------------------------------------------------------------------------------------------------------------------------ANNUAL

EXPENDITURE GROUP 2015 2016 2017----------------------------------------------------------------------------------------------------------------------------HOUSEHOLD FINAL CONSUMPTION EXPENDITURE 5,266,632 5,642,389 5,973,816

1. Food and Non-alcoholic beverages 2,175,094 2,328,973 2,456,9972. Alcoholic beverages, Tobacco 73,580 77,904 75,2493. Clothing and Footwear 78,400 76,137 77,1794. Housing, water, electricity, gas and other fuels 568,039 610,048 653,5785. Furnishings, household equipment and routine household maintenance 268,884 276,993 296,2516. Health 130,691 143,013 152,8027. Transport 471,750 521,606 546,8778. Communication 282,039 292,135 301,9119. Recreation and culture 125,074 134,277 135,79210. Education 160,506 171,643 186,77511. Restaurants and hotels 229,282 248,172 274,08112. Miscellaneous goods and services 703,293 761,488 816,324

=======================================================================Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 32Unit: In percent As of June 2018

TABLE 11A. HOUSEHOLD FINAL CONSUMPTION EXPENDITURE BY PURPOSEANNUAL 2015 TO 2017AT CURRENT PRICESPercent Distribution----------------------------------------------------------------------------------------------------------------------------

ANNUAL EXPENDITURE GROUP 2015 2016 2017----------------------------------------------------------------------------------------------------------------------------

HOUSEHOLD FINAL CONSUMPTION EXPENDITURE 100.0 100.0 100.0

1. Food and Non-alcoholic beverages 42.1 42.1 42.12. Alcoholic beverages, Tobacco 1.4 1.4 1.43. Clothing and Footwear 1.3 1.2 1.14. Housing, water, electricity, gas and other fuels 12.0 11.6 11.85. Furnishings, household equipment and routine household maintenance 3.7 3.6 3.66. Health 2.8 2.9 2.97. Transport 11.3 11.5 11.48. Communication 3.1 2.9 2.89. Recreation and culture 1.9 1.9 1.810. Education 4.1 4.1 4.211. Restaurants and hotels 3.9 4.0 4.112. Miscellaneous goods and services 12.5 12.7 12.8

=======================================================================

NATIONAL ACCOUNTS OF THE PHILIPPINESUnit: In percent

TABLE 11B. HOUSEHOLD FINAL CONSUMPTION EXPENDITURE BY PURPOSEANNUAL 2015 TO 2017AT CONSTANT 2000 PRICESPercent Distribution----------------------------------------------------------------------------------------------------------------------------

ANNUAL EXPENDITURE GROUP 2015 2016 2017----------------------------------------------------------------------------------------------------------------------------

HOUSEHOLD FINAL CONSUMPTION EXPENDITURE 100.0 100.0 100.0

1. Food and Non-alcoholic beverages 41.3 41.3 41.12. Alcoholic beverages, Tobacco 1.4 1.4 1.33. Clothing and Footwear 1.5 1.3 1.34. Housing, water, electricity, gas and other fuels 10.8 10.8 10.95. Furnishings, household equipment and routine household maintenance 5.1 4.9 5.06. Health 2.5 2.5 2.67. Transport 9.0 9.2 9.28. Communication 5.4 5.2 5.19. Recreation and culture 2.4 2.4 2.310. Education 3.0 3.0 3.111. Restaurants and hotels 4.4 4.4 4.612. Miscellaneous goods and services 13.4 13.5 13.7=======================================================================Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 33Unit: In Percent As of June 2018

TABLE 12A. HOUSEHOLD FINAL CONSUMPTION EXPENDITURE BY PURPOSEANNUAL 2015 TO 2017AT CURRENT PRICESGrowth Rates--------------------------------------------------------------------------------------------------------

ANNUAL EXPENDITURE GROUP 15-16 16-17--------------------------------------------------------------------------------------------------------

HOUSEHOLD FINAL CONSUMPTION EXPENDITURE 8.6 8.8

1. Food and Non-alcoholic beverages 8.7 8.72. Alcoholic beverages, Tobacco 11.8 2.53. Clothing and Footwear -0.5 3.64. Housing, water, electricity, gas and other fuels 5.6 10.65. Furnishings, household equipment and routine household maintenance 4.1 9.26. Health 12.0 9.47. Transport 11.0 7.88. Communication 3.7 3.69. Recreation and culture 9.0 2.710. Education 9.6 11.111. Restaurants and hotels 10.7 12.912. Miscellaneous goods and services 10.4 9.3============================================================

NATIONAL ACCOUNTS OF THE PHILIPPINESUnit: In Percent

TABLE 12B. HOUSEHOLD FINAL CONSUMPTION EXPENDITURE BY PURPOSEANNUAL 2015 TO 2017AT CONSTANT 2000 PRICESGrowth Rates--------------------------------------------------------------------------------------------------------

ANNUAL EXPENDITURE GROUP 15-16 16-17--------------------------------------------------------------------------------------------------------

HOUSEHOLD FINAL CONSUMPTION EXPENDITURE 7.1 5.9

1. Food and Non-alcoholic beverages 7.1 5.52. Alcoholic beverages, Tobacco 5.9 -3.43. Clothing and Footwear -2.9 1.44. Housing, water, electricity, gas and other fuels 7.4 7.15. Furnishings, household equipment and routine household maintenance 3.0 7.06. Health 9.4 6.87. Transport 10.6 4.88. Communication 3.6 3.39. Recreation and culture 7.4 1.110. Education 6.9 8.811. Restaurants and hotels 8.2 10.412. Miscellaneous goods and services 8.3 7.2============================================================Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 34Base Year: 2000 As of June 2018

TABLE 13. HOUSEHOLD FINAL CONSUMPTION EXPENDITURE BY PURPOSEANNUAL 2015 TO 2017Implicit Price Index

----------------------------------------------------------------------------------------------------------------------------ANNUAL

EXPENDITURE GROUP 2015 2016 2017----------------------------------------------------------------------------------------------------------------------------

HOUSEHOLD FINAL CONSUMPTION EXPENDITURE 186.6 189.2 194.4

1. Food and Non-alcoholic beverages 190.3 193.1 199.12. Alcoholic beverages, Tobacco 186.7 197.2 209.43. Clothing and Footwear 163.2 167.3 171.04. Housing, water, electricity, gas and other fuels 206.9 203.4 210.15. Furnishings, household equipment and routine household maintenance 136.4 137.8 140.66. Health 211.3 216.3 221.57. Transport 234.7 235.7 242.48. Communication 106.3 106.4 106.79. Recreation and culture 147.1 149.4 151.710. Education 248.9 255.2 260.611. Restaurants and hotels 167.2 171.1 174.812. Miscellaneous goods and services 174.8 178.3 181.9

=======================================================================Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 35Base Year: 2000 As of June 2018

TABLE 14. INDICATORS DERIVED FROM THE NATIONAL ACCOUNTS---------------------------------------------------------------------------------------------------------------------------

ANNUAL2015 2016 2017

---------------------------------------------------------------------------------------------------------------------------1. Labor Productivity (in PhP, constant) Total 193,854 198,899 214,975 Growth Rate 3.3 2.6 8.1 Agriculture, Hunting, Forestry and Fishing 62,994 64,397 72,031 Industry 401,659 385,928 399,796 Services 202,167 205,609 219,329 Labor Productivity Total (GVA/total number of hours worked, in PhP, constant)* 91.5 90.6 100.82. Terms of Trade (in %) 89.3 87.2 86.93. Trading Gains/Losses (in million PhP, constant) -433,165 -606,201 -737,3154. Trade Balance (in million PhP, current) Total -785,809 -1,346,919 -1,569,217 Goods/Merchandise -1,247,396 -1,949,982 -2,350,0615. Sectoral Contribution to GNI (constant) Growth

by Industrial Origin (in percentage points) Agriculture, Hunting, Forestry and Fishing 0.0 -0.1 0.3 Industry 1.8 2.2 2.0 Services 3.2 3.6 3.3 NPI 0.8 1.0 1.0 Total GNI 5.8 6.7 6.66. Share of Top Five Exports to Total Merchandise

Exports (in %, current) 50.8 51.9 51.57. Share of Top Five Imports to Total Merchandise

Imports (in %, current) 41.3 43.8 45.48. Total Exports (in million, current) PhP 3,782,890 4,069,198 4,892,297 US $ (FOB) 83,203 85,722 97,056 Share to GDP (in %) 28.4 28.1 31.09. Total Imports (in million, current) PhP 4,568,699 5,416,117 6,461,514 US $ (FOB) 100,370 114,070 128,201 Share to GDP (in %) 34.3 37.4 40.910. Fixed Capital Formation/GNI (in %, current) 18.2 20.5 20.811. GNI IPIN (in %) 176.2 178.7 182.812. Ratio of NPI to GNI (in %, current) 17.3 16.9 16.813. Inflow of Compensation (in million, current) PhP 3,061,611 3,172,964 3,427,760 US $ 67,300 66,815 68,008 Growth Rate (PhP) 3.2 3.6 8.0 Growth Rate (US $) 0.6 -0.7 1.8 Share to GNI (in %) 19.0 18.2 18.0 Share to GDP (in %) 23.0 21.9 21.714. (Exports-Imports)/GDP (in %, current) -5.9 -9.3 -9.915. (Exports+Imports)/GDP (in %, current) 62.7 65.5 71.816. Fixed Capital Formation/GDP (in %, current) 22.0 24.6 25.017. HFCE/GDP (in %, current) 73.8 73.7 73.518. National Government Debt Service (in million PhP) 534,140 536,657 490,30619. Debt Service/GDP 4.0 3.7 3.1======================================================================* This is another way of computing labor productivity, that is, GVA divided by total number of hours worked.Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 36Unit: In million pesos As of June 2018

ANNUAL 2015 TO 2017AT CURRENT PRICES

------------------------------------------------------------------------------------------------------ANNUAL

TYPE OF EQUIPMENT 2015 2016 2017------------------------------------------------------------------------------------------------------

DURABLE EQUIPMENT 1,129,826 1,512,204 1,706,658

A.MACHINERY SPECIALIZED FOR PARTICULAR INDUSTRIES 243,254 327,597 350,064

1. Agricultural machineries 4,234 5,507 8,483 2. Tractor other than steam 1,341 2,621 3,301 3. Mining,construction mach. 29,450 35,469 47,392 4. Textile machineries 3,752 5,442 6,325 5. Sawmill & logging machineries 15 12 0 6. Sugarmill machineries 55 256 94 7. Pulp and paper machineries 1,504 1,963 2,160 8. Metal working machineries 17,158 22,489 25,559 9. Telecommunications & sound recording/reproducing equip. 120,125 150,421 169,440 10. Other special industrial mach. 65,620 103,416 87,312

B.GENERAL INDUSTRIAL MACHINERY AND EQUIPMENT 176,310 234,307 263,341

1. Aircon & refrigeration equip. 24,029 33,232 36,585 2. Pumps and compressor 15,399 20,606 21,307 3. Other electrical machinery and apparatus 45,041 50,960 59,900 4. Other general industrial mach. 91,840 129,509 145,548

C.TRANSPORT EQUIPMENT 534,761 724,725 826,766

1. Road vehicles 436,024 605,416 692,199 2. Railway transport 162 9,732 570 3. Air transport 87,495 97,606 122,212 4. Water transport 11,080 11,971 11,785

D.MISCELLANEOUS EQUIPMENT 175,502 225,575 266,487

1. Office mach. & data processing 67,812 88,729 98,337 2. Other misc. durable equipment 107,690 136,846 168,150

===========================================================Source: Philippine Statistics Authority

TABLE 15A. GROSS DOMESTIC CAPITAL FORMATION IN DURABLE EQUIPMENT BY MAJOR TYPE

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 37Unit: In million pesos As of June 2018

ANNUAL 2015 TO 2017AT CONSTANT 2000 PRICES

------------------------------------------------------------------------------------------------------ANNUAL

TYPE OF EQUIPMENT 2015 2016 2017------------------------------------------------------------------------------------------------------

DURABLE EQUIPMENT 938,733 1,292,959 1,431,518

A.MACHINERY SPECIALIZED FOR PARTICULAR INDUSTRIES 200,382 272,045 292,774

1. Agricultural machineries 5,444 6,524 9,907 2. Tractor other than steam 221 410 524 3. Mining,construction mach. 36,334 45,723 58,953 4. Textile machineries 2,800 3,800 4,543 5. Sawmill & logging machineries 12 0 0 6. Sugarmill machineries 106 637 169 7. Pulp and paper machineries 2,418 3,094 3,419 8. Metal working machineries 11,114 16,164 18,762 9. Telecommunications & sound recording/reproducing equip. 85,582 95,364 109,445 10. Other special industrial mach. 56,352 100,329 87,051

B.GENERAL INDUSTRIAL MACHINERY AND EQUIPMENT 142,436 199,819 220,739

1. Aircon & refrigeration equip. 23,189 34,881 39,548 2. Pumps and compressor 19,046 24,897 25,040 3. Other electrical 0 0 machinery and apparatus 40,680 51,517 56,163 4. Other general industrial mach. 59,521 88,523 99,987

C.TRANSPORT EQUIPMENT 441,898 628,940 680,026

1. Road vehicles 408,260 566,614 623,989 2. Railway transport 548 5,974 841 3. Air transport 18,704 30,065 30,040 4. Water transport 14,386 26,286 25,155

D.MISCELLANEOUS EQUIPMENT 154,017 192,156 237,979

1. Office mach. & data processing 35,391 45,673 56,882 2. Other misc. durable equipment 118,626 146,483 181,097

===========================================================Source: Philippine Statistics Authority

TABLE 15B. GROSS DOMESTIC CAPITAL FORMATION IN DURABLE EQUIPMENT BY MAJOR TYPE

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 38Unit: In Percent As of June 2018

ANNUAL 2015 TO 2017AT CURRENT PRICESGrowth Rates--------------------------------------------------------------------------------------

ANNUAL

TYPE OF EQUIPMENT 15-16 16-17--------------------------------------------------------------------------------------

DURABLE EQUIPMENT 33.8 12.9

A.MACHINERY SPECIALIZED FOR PARTICULAR INDUSTRIES 34.7 6.9

1. Agricultural machineries 30.1 54.1 2. Tractor other than steam 95.4 25.9 3. Mining,construction mach. 20.4 33.6 4. Textile machineries 45.1 16.2 5. Sawmill & logging machineries -16.7 -100.0 6. Sugarmill machineries 368.9 -63.5 7. Pulp and paper machineries 30.5 10.0 8. Metal working machineries 31.1 13.6 9. Telecommunications & sound recording/reproducing equip. 25.2 12.6 10. Other special industrial mach. 57.6 -15.6

B.GENERAL INDUSTRIAL MACHINERY AND EQUIPMENT 32.9 12.4

1. Aircon & refrigeration equip. 38.3 10.1 2. Pumps and compressor 33.8 3.4 3. Other electrical machinery and apparatus 13.1 17.5 4. Other general industrial mach. 41.0 12.4

C.TRANSPORT EQUIPMENT 35.5 14.1

1. Road vehicles 38.8 14.3 2. Railway transport * -94.1 3. Air transport 11.6 25.2 4. Water transport 8.0 -1.6

D.MISCELLANEOUS EQUIPMENT 28.5 18.1

1. Office mach. & data processing 30.8 10.8 2. Other misc. durable equipment 27.1 22.9

=================================================Note : * more than 1000% growthSource: Philippine Statistics Authority

TABLE 16A. GROSS DOMESTIC CAPITAL FORMATION IN DURABLE EQUIPMENT BY MAJOR TYPE

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 39Unit: In Percent As of June 2018

ANNUAL 2015 TO 2017AT CONSTANT 2000 PRICESGrowth Rates--------------------------------------------------------------------------------------

ANNUAL TYPE OF EQUIPMENT 15-16 16-17--------------------------------------------------------------------------------------

DURABLE EQUIPMENT 37.7 10.7

A.MACHINERY SPECIALIZED FOR PARTICULAR INDUSTRIES 35.8 7.6

1. Agricultural machineries 19.8 51.9 2. Tractor other than steam 85.3 27.9 3. Mining,construction mach. 25.8 28.9 4. Textile machineries 35.7 19.6 5. Sawmill & logging machineries -100.0 - 6. Sugarmill machineries 500.7 -73.5 7. Pulp and paper machineries 28.0 10.5 8. Metal working machineries 45.4 16.1 9. Telecommunications & sound recording/reproducing equip. 11.4 14.8 10. Other special industrial mach. 78.0 -13.2

B.GENERAL INDUSTRIAL MACHINERY AND EQUIPMENT 40.3 10.5

1. Aircon & refrigeration equip. 50.4 13.4 2. Pumps and compressor 30.7 0.6 3. Other electrical machinery and apparatus 26.6 9.0 4. Other general industrial mach. 48.7 13.0

C.TRANSPORT EQUIPMENT 42.3 8.1

1. Road vehicles 38.8 10.1 2. Railway transport 990.4 -85.9 3. Air transport 60.7 -0.1 4. Water transport 82.7 -4.3

D.MISCELLANEOUS EQUIPMENT 24.8 23.8

1. Office mach. & data processing 29.1 24.5 2. Other misc. durable equipment 23.5 23.6

=================================================Note : - means zeroSource: Philippine Statistics Authority

TABLE 16B. GROSS DOMESTIC CAPITAL FORMATION IN DURABLE EQUIPMENT BY MAJOR TYPE

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 40Base Year : 2000 As of June 2018

ANNUAL 2015 TO 2017Implicit Price Index

------------------------------------------------------------------------------------------------------ANNUAL

TYPE OF EQUIPMENT 2015 2016 2017------------------------------------------------------------------------------------------------------

DURABLE EQUIPMENT 120.4 117.0 119.2

A.MACHINERY SPECIALIZED FOR PARTICULAR INDUSTRIES 121.4 120.4 119.6

1. Agricultural machineries 77.8 84.4 85.6 2. Tractor other than steam 606.5 639.7 629.6 3. Mining,construction mach. 81.1 77.6 80.4 4. Textile machineries 134.0 143.2 139.2 5. Sawmill & logging machineries 124.0 ** ** 6. Sugarmill machineries 51.5 40.2 55.4 7. Pulp and paper machineries 62.2 63.4 63.2 8. Metal working machineries 154.4 139.1 136.2 9. Telecommunications & sound recording/reproducing equip. 140.4 157.7 154.8 10. Other special industrial mach. 116.4 103.1 100.3

B.GENERAL INDUSTRIAL MACHINERY AND EQUIPMENT 123.8 117.3 119.3

1. Aircon & refrigeration equip. 103.6 95.3 92.5 2. Pumps and compressor 80.9 82.8 85.1 3. Other electrical machinery and apparatus 110.7 98.9 106.7 4. Other general industrial mach. 154.3 146.3 145.6

C.TRANSPORT EQUIPMENT 121.0 115.2 121.6

1. Road vehicles 106.8 106.8 110.9 2. Railway transport 29.6 162.9 67.8 3. Air transport 467.8 324.6 406.8 4. Water transport 77.0 45.5 46.9

D.MISCELLANEOUS EQUIPMENT 113.9 117.4 112.0

1. Office mach. & data processing 191.6 194.3 172.9 2. Other misc. durable equipment 90.8 93.4 92.9===========================================================Note : * more than 1000; ** means zeroSource: Philippine Statistics Authority

TABLE 17. GROSS DOMESTIC CAPITAL FORMATION IN DURABLE EQUIPMENT BY MAJOR TYPE

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 41Unit: FOB Value in million pesos As of June 2018

TABLE 18A. EXPORTS OF GOODS OF THE PHILIPPINESANNUAL 2015 TO 2017AT CURRENT PRICES--------------------------------------------------------------------------------------------------------------------------

ANNUALI T E M S 2015 2016 2017

--------------------------------------------------------------------------------------------------------------------------

TOTAL EXPORTS OF GOODS 2,295,636 2,334,141 2,835,789

Principal Exports of Goods 1,502,819 1,576,109 2,006,913

Electronic Components 1,120,069 1,201,311 1,513,168Components/Devices (Semiconductors) 831,180 869,871 1,070,588Electronic Data Processing 146,184 165,407 194,242Office Equipment 47,848 34,285 56,191Consumer Electronics 22,170 20,110 22,356Telecommunication 24,807 39,562 27,669Communication/Radar 15,338 22,013 36,793Control Instrumentation 20,923 37,958 97,752Medical/Industrial Instrumentation 6,592 4,543 2,976Automotive Electronics 5,026 7,562 4,600

Principal Agricultural Products 116,698 135,403 178,391

Bananas, including Plantains, Fresh or Dried 30,429 34,766 45,918Coconut Oil 44,486 47,555 69,500Copra Oil Cake or Meal 3,412 2,673 3,176Dessicated Coconut 7,306 10,121 15,815Mango, Fresh or Dried 4,889 4,211 5,144Pineapple and Pineapple Products 25,378 32,754 28,430Sugar 796 3,324 10,409

Principal Fishery Products 15,153 15,116 27,409Shrimps and Prawns 1,977 2,356 3,899Tuna 13,176 12,760 23,511

Articles of Apparel and Clothing Accessories 65,653 52,866 54,470Basketworks 3,185 2,730 2,761Cathodes & Sections of Cathodes, of Refined Copper 16,964 5,210 31,796Ignition Wiring Sets 91,820 89,146 96,827Metal Components 58,966 61,322 83,849Petroleum Products 14,312 13,005 18,240

Others 792,817 758,032 828,875======================================================================

Source: Philippine Statistics Authority

Notes: * Starting 2011, Manufactured Products on Consignment Basis are not treated as exports of goods following the recommendation of the 2008 System of National Accounts (SNA), rather it is treated as exports of processing services under the Exports of Services. The PSA will back track the series as soon as the revised Balance of Payments (BOP) data for the years prior to 2011 are released by the Bangko Sentral Ng Pilipinas, reflecting its adoption of the Balance of Payments Manual 6 (BPM6). Hence, at present there is a break in the National Accounts for this item from 2010 backwards. * Includes Merchanting following the recommendation of the 2008 SNA. This item used to be part of Exports of Services.

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 42Unit: FOB Value in million pesos As of June 2018

TABLE 18B. EXPORTS OF GOODS OF THE PHILIPPINESANNUAL 2015 TO 2017AT CONSTANT 2000 PRICES

--------------------------------------------------------------------------------------------------------------------------ANNUAL

I T E M S 2015 2016 2017--------------------------------------------------------------------------------------------------------------------------

TOTAL EXPORTS OF GOODS 2,936,403 3,249,966 3,928,434

Principal Exports of Goods 1,940,330 2,119,462 2,645,113

Electronic Components 1,647,383 1,822,274 2,282,434Components/Devices (Semiconductors) 1,306,487 1,408,491 1,743,691Electronic Data Processing 167,182 197,758 233,559Office Equipment 44,196 33,942 52,554Consumer Electronics 37,887 32,711 37,281Telecommunication 35,741 57,028 40,665Communication/Radar 21,059 30,913 51,770Control Instrumentation 22,583 50,096 115,567Medical/Industrial Instrumentation 7,785 4,817 3,261Automotive Electronics 4,462 6,517 4,085

Principal Agricultural Products 51,079 56,697 72,930Bananas, including Plantains, Fresh or Dried 15,319 18,075 23,694Coconut Oil 17,913 16,746 23,153Copra Oil Cake or Meal 1,436 1,040 1,091Dessicated Coconut 3,179 4,297 6,048Mango, Fresh or Dried 2,671 1,877 1,831Pineapple and Pineapple Products 9,752 11,541 9,535Sugar 809 3,120 7,578

Principal Fishery Products 9,896 11,904 19,564Shrimps and Prawns 1,411 2,062 3,148Tuna 8,486 9,842 16,416

Articles of Apparel and Clothing Accessories 59,874 49,780 50,353Basketworks 3,022 2,571 2,852Cathodes & Sections of Cathodes, of Refined Copper 5,623 1,663 9,916Ignition Wiring Sets 93,483 91,319 97,564Metal Components 64,269 76,482 101,523Petroleum Products 5,702 6,771 7,978

Others 996,073 1,130,504 1,283,321 ======================================================================

Source: Philippine Statistics Authority

Notes: * Starting 2011, Manufactured Products on Consignment Basis are not treated as exports of goods following the recommendation of the 2008 System of National Accounts (SNA), rather it is treated as exports of processing services under the Exports of Services. The PSA will back track the series as soon as the revised Balance of Payments (BOP) data for the years prior to 2011 are released by the Bangko Sentral Ng Pilipinas, reflecting its adoption of the Balance of Payments Manual 6 (BPM6). Hence, at present there is a break in the National Accounts for this item from 2010 backwards. * Includes Merchanting following the recommendation of the 2008 SNA. This item used to be part of Exports of Services.

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 43Unit: In Percent As of June 2018

TABLE 19A. EXPORTS OF GOODS OF THE PHILIPPINESANNUAL 2015 TO 2017AT CURRENT PRICESPercent Distribution--------------------------------------------------------------------------------------------------------------------------

ANNUALI T E M S 2015 2016 2017

--------------------------------------------------------------------------------------------------------------------------

TOTAL EXPORTS OF GOODS 100.0 100.0 100.0

Principal Exports of Goods 65.5 67.5 70.8

Electronic Components 48.8 51.5 53.4

Components/Devices (Semiconductors) 36.2 37.3 37.8Electronic Data Processing 6.4 7.1 6.8Office Equipment 2.1 1.5 2.0Consumer Electronics 1.0 0.9 0.8Telecommunication 1.1 1.7 1.0Communication/Radar 0.7 0.9 1.3Control Instrumentation 0.9 1.6 3.4Medical/Industrial Instrumentation 0.3 0.2 0.1Automotive Electronics 0.2 0.3 0.2

Principal Agricultural Products 5.1 5.8 6.3

Bananas, including Plantains, Fresh or Dried 1.3 1.5 1.6Coconut Oil 1.9 2.0 2.5Copra Oil Cake or Meal 0.1 0.1 0.1Dessicated Coconut 0.3 0.4 0.6Mango, Fresh or Dried 0.2 0.2 0.2Pineapple and Pineapple Products 1.1 1.4 1.0Sugar 0.0 0.1 0.4

Principal Fishery Products 0.7 0.6 1.0Shrimps and Prawns 0.1 0.1 0.1Tuna 0.6 0.5 0.8

Articles of Apparel and Clothing Accessories 2.9 2.3 1.9Basketworks 0.1 0.1 0.1Cathodes & Sections of Cathodes, of Refined Copper 0.7 0.2 1.1Ignition Wiring Sets 4.0 3.8 3.4Metal Components 2.6 2.6 3.0Petroleum Products 0.6 0.6 0.6

Others 34.5 32.5 29.2

======================================================================Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 44Unit: In Percent As of June 2018

TABLE 19B. EXPORTS OF GOODS OF THE PHILIPPINESANNUAL 2015 TO 2017AT CONSTANT 2000 PRICESPercent Distribution--------------------------------------------------------------------------------------------------------------------------

ANNUALI T E M S 2015 2016 2017

--------------------------------------------------------------------------------------------------------------------------

TOTAL EXPORTS OF GOODS 100.0 100.0 100.0

Principal Exports of Goods 66.1 65.2 67.3

Electronic Components 56.1 56.1 58.1Components/Devices (Semiconductors) 44.5 43.3 44.4Electronic Data Processing 5.7 6.1 5.9Office Equipment 1.5 1.0 1.3Consumer Electronics 1.3 1.0 0.9Telecommunication 1.2 1.8 1.0Communication/Radar 0.7 1.0 1.3Control Instrumentation 0.8 1.5 2.9Medical/Industrial Instrumentation 0.3 0.1 0.1Automotive Electronics 0.2 0.2 0.1

Principal Agricultural Products 1.7 1.7 1.9

Bananas, including Plantains, Fresh or Dried 0.5 0.6 0.6Coconut Oil 0.6 0.5 0.6Copra Oil Cake or Meal 0.0 0.0 0.0Dessicated Coconut 0.1 0.1 0.2Mango, Fresh or Dried 0.1 0.1 0.0Pineapple and Pineapple Products 0.3 0.4 0.2Sugar 0.0 0.1 0.2

Principal Fishery Products 0.3 0.4 0.5Shrimps and Prawns 0.0 0.1 0.1Tuna 0.3 0.3 0.4

Articles of Apparel and Clothing Accessories 2.0 1.5 1.3Basketworks 0.1 0.1 0.1Cathodes & Sections of Cathodes, of Refined Copper 0.2 0.1 0.3Ignition Wiring Sets 3.2 2.8 2.5Metal Components 2.2 2.4 2.6Petroleum Products 0.2 0.2 0.2

Others 33.9 34.8 32.7

======================================================================

Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 45Unit: In Percent As of June 2018

TABLE 20A. EXPORTS OF GOODS OF THE PHILIPPINESANNUAL 2015 TO 2017AT CURRENT PRICESGrowth Rates----------------------------------------------------------------------------------------------------------

ANNUALI T E M S 15-16 16-17

----------------------------------------------------------------------------------------------------------TOTAL EXPORTS OF GOODS 1.7 21.5

Principal Exports of Goods 4.9 27.3

Electronic Components 7.3 26.0Components/Devices (Semiconductors) 4.7 23.1Electronic Data Processing 13.1 17.4Office Equipment -28.3 63.9Consumer Electronics -9.3 11.2Telecommunication 59.5 -30.1Communication/Radar 43.5 67.1Control Instrumentation 81.4 157.5Medical/Industrial Instrumentation -31.1 -34.5Automotive Electronics 50.5 -39.2

Principal Agricultural Products 16.0 31.7

Bananas, including Plantains, Fresh or Dried 14.3 32.1Coconut Oil 6.9 46.1Copra Oil Cake or Meal -21.7 18.8Dessicated Coconut 38.5 56.3Mango, Fresh or Dried -13.9 22.2Pineapple and Pineapple Products 29.1 -13.2Sugar 317.4 213.2

Principal Fishery Products -0.2 81.3Shrimps and Prawns 19.2 65.5Tuna -3.2 84.2

Articles of Apparel and Clothing Accessories -19.5 3.0Basketworks -14.3 1.1Cathodes & Sections of Cathodes, of Refined Copper -69.3 510.4Ignition Wiring Sets -2.9 8.6Metal Components 4.0 36.7Petroleum Products -9.1 40.3

Others -4.4 9.3=============================================================

Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 46Unit: In Percent As of June 2018

TABLE 20B. EXPORTS OF GOODS OF THE PHILIPPINESANNUAL 2015 TO 2017AT CONSTANT 2000 PRICESGrowth Rates----------------------------------------------------------------------------------------------------------

ANNUALI T E M S 15-16 16-17

----------------------------------------------------------------------------------------------------------

TOTAL EXPORTS OF GOODS 10.7 20.9

Principal Exports of Goods 9.2 24.8

Electronic Components 10.6 25.3Components/Devices (Semiconductors) 7.8 23.8Electronic Data Processing 18.3 18.1Office Equipment -23.2 54.8Consumer Electronics -13.7 14.0Telecommunication 59.6 -28.7Communication/Radar 46.8 67.5Control Instrumentation 121.8 130.7Medical/Industrial Instrumentation -38.1 -32.3Automotive Electronics 46.0 -37.3

Principal Agricultural Products 11.0 28.6

Bananas, including Plantains, Fresh or Dried 18.0 31.1Coconut Oil -6.5 38.3Copra Oil Cake or Meal -27.6 4.9Dessicated Coconut 35.2 40.7Mango, Fresh or Dried -29.7 -2.4Pineapple and Pineapple Products 18.3 -17.4Sugar 285.8 142.9

Principal Fishery Products 20.3 64.4Shrimps and Prawns 46.2 52.7Tuna 16.0 66.8

Articles of Apparel and Clothing Accessories -16.9 1.2Basketworks -14.9 10.9Cathodes & Sections of Cathodes, of Refined Copper -70.4 496.2Ignition Wiring Sets -2.3 6.8Metal Components 19.0 32.7Petroleum Products 18.8 17.8

Others 13.5 13.5=============================================================

Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 47Base Year: 2000 As of June 2018

TABLE 21A. EXPORTS OF GOODS OF THE PHILIPPINESANNUAL 2015 TO 2017Implicit Price Index

--------------------------------------------------------------------------------------------------------------------------ANNUAL

I T E M S 2015 2016 2017--------------------------------------------------------------------------------------------------------------------------

TOTAL EXPORTS OF GOODS 78.2 71.8 72.2

Principal Exports of Goods 77.5 74.4 75.9

Electronic Components 68.0 65.9 66.3Components/Devices (Semiconductors) 63.6 61.8 61.4Electronic Data Processing 87.4 83.6 83.2Office Equipment 108.3 101.0 106.9Consumer Electronics 58.5 61.5 60.0Telecommunication 69.4 69.4 68.0Communication/Radar 72.8 71.2 71.1Control Instrumentation 92.6 75.8 84.6Medical/Industrial Instrumentation 84.7 94.3 91.3Automotive Electronics 112.6 116.0 112.6

Principal Agricultural Products 228.5 238.8 244.6

Bananas, including Plantains, Fresh or Dried 198.6 192.3 193.8Coconut Oil 248.3 284.0 300.2Copra Oil Cake or Meal 237.6 257.0 291.0Dessicated Coconut 229.9 235.5 261.5Mango, Fresh or Dried 183.1 224.3 280.9Pineapple and Pineapple Products 260.2 283.8 298.2Sugar 98.5 106.5 137.4

Principal Fishery Products 153.1 127.0 140.1Shrimps and Prawns 140.1 114.2 123.9Tuna 155.3 129.7 143.2

Articles of Apparel and Clothing Accessories 109.7 106.2 108.2Basketworks 105.4 106.2 96.8Cathodes & Sections of Cathodes, of Refined Copper 301.7 313.2 320.7Ignition Wiring Sets 98.2 97.6 99.2Metal Components 91.7 80.2 82.6Petroleum Products 251.0 192.1 228.6

Others 79.6 67.1 64.6

======================================================================

Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 48Unit: In million pesos As of June 2018

TABLE 21B. EXPORTS OF SERVICESANNUAL 2015 TO 2017AT CURRENT PRICES

----------------------------------------------------------------------------------------ANNUAL

2015 2016 2017----------------------------------------------------------------------------------------

EXPORTS OF SERVICES 1,487,254 1,735,057 2,056,508

1. Transportation 88,358 89,864 114,998 2. Insurance 1,593 1,654 1,955 3. Travel 246,873 252,892 353,561 4. Government 13,012 19,021 16,623 5. Miscellaneous services 1,137,417 1,371,627 1,569,370

===================================================

NATIONAL ACCOUNTS OF THE PHILIPPINESUnit: In million pesos

TABLE 21C. EXPORTS OF SERVICESANNUAL 2015 TO 2017AT CONSTANT 2000 PRICES

----------------------------------------------------------------------------------------ANNUAL

2015 2016 2017----------------------------------------------------------------------------------------

EXPORTS OF SERVICES 759,025 874,976 1,002,150

1. Transportation 39,637 40,189 49,743 2. Insurance 819 834 956 3. Travel 126,908 128,647 174,311 4. Government 7,020 10,136 8,515 5. Miscellaneous services 584,641 695,170 768,626

===================================================Source: Philippine Statistics Authority

Note: * Starting 2011, Miscellaneous services now includes exports of processing services, FISIM, Maintenance and Repairs n.i.e, and excludes Merchanting, following the recommendations of the 2008 System of National Accounts (SNA). PSA will back track the series as soon as the revised Balance of Payments (BOP) data for the years prior to 2011 are released by the Bangko Sentral Ng Pilipinas, reflecting its adoption of the Balance of Payments Manual 6 (BPM6). Hence, at present there is a break in the National Accounts series for this item from 2010 backwards.

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 49Unit: In Percent As of June 2018

TABLE 21D. EXPORTS OF SERVICESANNUAL 2015 TO 2017AT CURRENT PRICESPercent Distribution----------------------------------------------------------------------------------------

ANNUAL2015 2016 2017

----------------------------------------------------------------------------------------

EXPORTS OF SERVICES 100.0 100.0 100.0

1. Transportation 5.9 5.2 5.6 2. Insurance 0.1 0.1 0.1 3. Travel 16.6 14.6 17.2 4. Government 0.9 1.1 0.8

5. Miscellaneous services 76.5 79.1 76.3

===================================================

NATIONAL ACCOUNTS OF THE PHILIPPINESUnit: In Percent

TABLE 21E. EXPORTS OF SERVICESANNUAL 2015 TO 2017AT CONSTANT 2000 PRICESPercent Distribution----------------------------------------------------------------------------------------

ANNUAL2015 2016 2017

----------------------------------------------------------------------------------------

EXPORTS OF SERVICES 100.0 100.0 100.0

1. Transportation 5.2 4.6 5.0 2. Insurance 0.1 0.1 0.1 3. Travel 16.7 14.7 17.4 4. Government 0.9 1.2 0.8 5. Miscellaneous services 77.0 79.5 76.7

===================================================

Source: Philippine Statistics Authority

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TABLE 21F. EXPORTS OF SERVICESANNUAL 2015 TO 2017AT CURRENT PRICESGrowth Rates------------------------------------------------------------------------

ANNUAL15-16 16-17

------------------------------------------------------------------------

EXPORTS OF SERVICES 16.7 18.5

1. Transportation 1.7 28.0 2. Insurance 3.8 18.2 3. Travel 2.4 39.8 4. Government 46.2 -12.6 5. Miscellaneous services 20.6 14.4

=========================================

NATIONAL ACCOUNTS OF THE PHILIPPINESUnit: In Percent

TABLE 21G. EXPORTS OF SERVICESANNUAL 2015 TO 2017AT CONSTANT 2000 PRICESGrowth Rates------------------------------------------------------------------------

ANNUAL15-16 16-17

------------------------------------------------------------------------

EXPORTS OF SERVICES 15.3 14.5

1. Transportation 1.4 23.8 2. Insurance 1.8 14.6 3. Travel 1.4 35.5 4. Government 44.4 -16.0 5. Miscellaneous services 18.9 10.6

=========================================

Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINESBase Year: 2000 Page 51

As of June 2018TABLE 21H. EXPORTS OF SERVICESANNUAL 2015 TO 2017Implicit Price Index

----------------------------------------------------------------------------------------ANNUAL

2015 2016 2017----------------------------------------------------------------------------------------

EXPORTS OF SERVICES 195.9 198.3 205.2

1. Transportation 222.9 223.6 231.2 2. Insurance 194.7 198.4 204.6 3. Travel 194.5 196.6 202.8 4. Government 185.4 187.6 195.2

5. Miscellaneous services 194.5 197.3 204.2

===================================================

Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 52Unit: FOB Value in million pesos As of June 2018

TABLE 22A. IMPORTS OF GOODS OF THE PHILIPPINESANNUAL 2015 TO 2017AT CURRENT PRICES--------------------------------------------------------------------------------------------------------------

ANNUALI T E M 2015 2016 2017

--------------------------------------------------------------------------------------------------------------TOTAL IMPORTS OF GOODS 3,543,032 4,284,122 5,185,850

A. PRINCIPAL IMPORT GOODS 2,274,654 2,944,655 3,674,084

1. Electronics 482,723 681,889 848,241 Components/Devices (Semiconductors) 233,050 312,563 426,160 Electronic Data Processing 92,771 133,359 172,685 Office Equipment 7,535 9,297 9,336 Consumer Electronics 28,142 43,478 57,268 Telecommunication 58,981 94,181 64,464 Communication/Radar 41,100 54,391 73,220 Control and Instrumentation 13,033 24,741 30,873 Medical/Industrial Instrumentation 7,038 8,745 12,272 Automotive Electronics 1,072 1,135 1,962

2. Mineral fuels 460,128 412,299 591,780 3. Machinery and mechanical appliances 247,698 374,917 400,586 4. Base metals 158,356 212,260 294,587 5. Transport equipment 359,992 557,949 639,777 6. Textile yarns 39,403 59,735 65,101 7. Electrical machinery 77,990 116,009 143,487 8. Artificial resins 77,498 113,357 123,414 9. Chemical products 61,999 77,002 101,04610. Cereals 107,906 85,505 101,20711. Dairy Products 41,416 43,735 52,07412. Medical and Pharmaceutical products 58,000 77,214 93,17713. Paper products 39,330 52,193 61,75914. Feedstuff 56,746 67,149 68,99315. Metalliferous ores and metal scrap 5,470 13,441 88,855

B. OTHERS* 1,268,378 1,339,468 1,511,766===============================================================

Source: Philippine Statistics AuthorityNotes: Starting 2011, Manufactured Products on Consignment Basis are not treated as imports of goods following the recommendation of the 2008 System of National Accounts (SNA), rather it is treated as exports of processing services under the Exports of Services. PSA will back track the series as soon as the revised Balance of Payments (BOP) data for the years prior to 2011 are released by the Bangko Sentral Ng Pilipinas, reflecting its adoption of the Balance of Payments Manual 6 (BPM6). Hence, at present there is a break in the National Accounts for this item from 2010 backwards. *Includes goods acquired under merchanting following the recommendation of the 2008 SNA. This item used to be part of Exports of Services.

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 53Unit: FOB Value in million pesos As of June 2018

TABLE 22B. IMPORTS OF GOODS OF THE PHILIPPINESANNUAL 2015 TO 2017AT CONSTANT 2000 PRICES

--------------------------------------------------------------------------------------------------------------ANNUAL

I T E M 2015 2016 2017--------------------------------------------------------------------------------------------------------------

TOTAL IMPORTS OF GOODS 3,129,043 3,871,839 4,632,180

A. PRINCIPAL IMPORT GOODS 2,253,893 3,011,516 3,691,465

1. Electronics 880,308 1,203,236 1,578,020 Components/Devices (Semiconductors) 548,895 707,438 970,695 Electronic Data Processing 208,524 307,951 406,469 Office Equipment 5,880 7,705 7,540 Consumer Electronics 16,197 25,874 34,950 Telecommunication 47,204 74,815 51,506 Communication/Radar 37,091 50,545 70,145 Control and Instrumentation 10,583 21,502 26,023 Medical/Industrial Instrumentation 5,278 6,699 9,475 Automotive Electronics 657 706 1,216

2. Mineral fuels 240,541 224,653 262,875 3. Machinery and mechanical appliances 195,835 283,711 302,944 4. Base metals 93,892 137,739 181,057 5. Transport equipment 329,186 497,994 569,172 6. Textile yarns 60,697 84,090 94,824 7. Electrical machinery 98,069 145,164 178,014 8. Artificial resins 68,299 104,222 112,993 9. Chemical products 43,065 56,125 73,58110. Cereals 100,051 84,904 96,93611. Dairy Products 18,130 18,931 22,13012. Medical and Pharmaceutical products 57,143 78,922 97,50213. Paper products 38,022 51,587 59,98614. Feedstuff 28,448 37,134 38,98815. Metalliferous ores and metal scrap 2,205 3,105 22,444

B. OTHERS* 875,150 860,323 940,715===============================================================

Source: Philippine Statistics AuthorityNotes: Starting 2011, Manufactured Products on Consignment Basis are not treated as imports of goods following the recommendation of the 2008 System of National Accounts (SNA), rather it is treated as exports of processing services under the Exports of Services. PSA will back track the series as soon as the revised Balance of Payments (BOP) data for the years prior to 2011 are released by the Bangko Sentral Ng Pilipinas, reflecting its adoption of the Balance of Payments Manual 6 (BPM6). Hence, at present there is a break in the National Accounts for this item from 2010 backwards. *Includes goods acquired under merchanting following the recommendation of the 2008 SNA. This item used to be part of Exports of Services.

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 54Unit: In Percent As of June 2018

TABLE 23A. IMPORTS OF GOODS OF THE PHILIPPINESANNUAL 2015 TO 2017AT CURRENT PRICESPercent Distribution--------------------------------------------------------------------------------------------------------------

ANNUALI T E M 2015 2016 2017

--------------------------------------------------------------------------------------------------------------

TOTAL IMPORTS OF GOODS 100.0 100.0 100.0

A. PRINCIPAL IMPORT GOODS 64.2 68.7 70.8

1. Electronics 13.6 15.9 16.4 Components/Devices (Semiconductors) 6.6 7.3 8.2 Electronic Data Processing 2.6 3.1 3.3 Office Equipment 0.2 0.2 0.2 Consumer Electronics 0.8 1.0 1.1 Telecommunication 1.7 2.2 1.2 Communication/Radar 1.2 1.3 1.4 Control and Instrumentation 0.4 0.6 0.6 Medical/Industrial Instrumentation 0.2 0.2 0.2 Automotive Electronics 0.0 0.0 0.0

2. Mineral fuels 13.0 9.6 11.4 3. Machinery and mechanical appliances 7.0 8.8 7.7 4. Base metals 4.5 5.0 5.7 5. Transport equipment 10.2 13.0 12.3 6. Textile yarns 1.1 1.4 1.3 7. Electrical machinery 2.2 2.7 2.8 8. Artificial resins 2.2 2.6 2.4 9. Chemical products 1.7 1.8 1.910. Cereals 3.0 2.0 2.011. Dairy Products 1.2 1.0 1.012. Medical and Pharmaceutical products 1.6 1.8 1.813. Paper products 1.1 1.2 1.214. Feedstuff 1.6 1.6 1.315. Metalliferous ores and metal scrap 0.2 0.3 1.7

B. OTHERS 35.8 31.3 29.2===============================================================Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 55Unit: In Percent As of June 2018

TABLE 23B. IMPORTS OF GOODS OF THE PHILIPPINESANNUAL 2015 TO 2017AT CONSTANT 2000 PRICESPercent Distribution--------------------------------------------------------------------------------------------------------------

ANNUALI T E M 2015 2016 2017

--------------------------------------------------------------------------------------------------------------

TOTAL IMPORTS OF GOODS 100.0 100.0 100.0

A. PRINCIPAL IMPORT GOODS 72.0 77.8 79.7

1. Electronics 28.1 31.1 34.1 Components/Devices (Semiconductors) 17.5 18.3 21.0 Electronic Data Processing 6.7 8.0 8.8 Office Equipment 0.2 0.2 0.2 Consumer Electronics 0.5 0.7 0.8 Telecommunication 1.5 1.9 1.1 Communication/Radar 1.2 1.3 1.5 Control and Instrumentation 0.3 0.6 0.6 Medical/Industrial Instrumentation 0.2 0.2 0.2 Automotive Electronics 0.0 0.0 0.0

2. Mineral fuels 7.7 5.8 5.7 3. Machinery and mechanical appliances 6.3 7.3 6.5 4. Base metals 3.0 3.6 3.9 5. Transport equipment 10.5 12.9 12.3 6. Textile yarns 1.9 2.2 2.0 7. Electrical machinery 3.1 3.7 3.8 8. Artificial resins 2.2 2.7 2.4 9. Chemical products 1.4 1.4 1.610. Cereals 3.2 2.2 2.111. Dairy Products 0.6 0.5 0.512. Medical and Pharmaceutical products 1.8 2.0 2.113. Paper products 1.2 1.3 1.314. Feedstuff 0.9 1.0 0.815. Metalliferous ores and metal scrap 0.1 0.1 0.5

B. OTHERS 28.0 22.2 20.3===============================================================Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 56Unit: In Percent As of June 2018

TABLE 24A. IMPORTS OF GOODS OF THE PHILIPPINESANNUAL 2015 TO 2017AT CURRENT PRICESGrowth Rates----------------------------------------------------------------------------------------------

ANNUALI T E M 15-16 16-17

----------------------------------------------------------------------------------------------

TOTAL IMPORTS OF GOODS 20.9 21.0

A. PRINCIPAL IMPORT GOODS 29.5 24.8

1. Electronics 41.3 24.4 Components/Devices (Semiconductors) 34.1 36.3 Electronic Data Processing 43.8 29.5 Office Equipment 23.4 0.4 Consumer Electronics 54.5 31.7 Telecommunication 59.7 -31.6 Communication/Radar 32.3 34.6 Control and Instrumentation 89.8 24.8 Medical/Industrial Instrumentation 24.2 40.3 Automotive Electronics 5.8 72.9

2. Mineral fuels -10.4 43.5 3. Machinery and mechanical appliances 51.4 6.8 4. Base metals 34.0 38.8 5. Transport equipment 55.0 14.7 6. Textile yarns 51.6 9.0 7. Electrical machinery 48.7 23.7 8. Artificial resins 46.3 8.9 9. Chemical products 24.2 31.210. Cereals -20.8 18.411. Dairy Products 5.6 19.112. Medical and Pharmaceutical products 33.1 20.713. Paper products 32.7 18.314. Feedstuff 18.3 2.715. Metalliferous ores and metal scrap 145.7 561.1

B. OTHERS 5.6 12.9======================================================Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 57Unit: In Percent As of June 2018

TABLE 24B. IMPORTS OF GOODS OF THE PHILIPPINESANNUAL 2015 TO 2017AT CONSTANT 2000 PRICESGrowth Rates----------------------------------------------------------------------------------------------

ANNUALI T E M 15-16 16-17

----------------------------------------------------------------------------------------------

TOTAL IMPORTS OF GOODS 23.7 19.6

A. PRINCIPAL IMPORT GOODS 33.6 22.6

1. Electronics 36.7 31.1 Components/Devices (Semiconductors) 28.9 37.2 Electronic Data Processing 47.7 32.0 Office Equipment 31.1 -2.2 Consumer Electronics 59.7 35.1 Telecommunication 58.5 -31.2 Communication/Radar 36.3 38.8 Control and Instrumentation 103.2 21.0 Medical/Industrial Instrumentation 26.9 41.4 Automotive Electronics 7.5 72.3

2. Mineral fuels -6.6 17.0 3. Machinery and mechanical appliances 44.9 6.8 4. Base metals 46.7 31.4 5. Transport equipment 51.3 14.3 6. Textile yarns 38.5 12.8 7. Electrical machinery 48.0 22.6 8. Artificial resins 52.6 8.4 9. Chemical products 30.3 31.110. Cereals -15.1 14.211. Dairy Products 4.4 16.912. Medical and Pharmaceutical products 38.1 23.513. Paper products 35.7 16.314. Feedstuff 30.5 5.015. Metalliferous ores and metal scrap 40.8 622.8

B. OTHERS -1.7 9.3======================================================Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 58Base Year: 2000 As of June 2018

TABLE 25A. IMPORTS OF GOODS OF THE PHILIPPINESANNUAL 2015 TO 2017Implicit Price Index

--------------------------------------------------------------------------------------------------------------ANNUAL

I T E M 2015 2016 2017--------------------------------------------------------------------------------------------------------------

TOTAL IMPORTS OF GOODS 113.2 110.6 112.0

A. PRINCIPAL IMPORT GOODS 100.9 97.8 99.5

1. Electronics 54.8 56.7 53.8 Components/Devices (Semiconductors) 42.5 44.2 43.9 Electronic Data Processing 44.5 43.3 42.5 Office Equipment 128.2 120.7 123.8 Consumer Electronics 173.7 168.0 163.9 Telecommunication 124.9 125.9 125.2 Communication/Radar 110.8 107.6 104.4 Control and Instrumentation 123.2 115.1 118.6 Medical/Industrial Instrumentation 133.4 130.5 129.5 Automotive Electronics 163.3 160.7 161.3

2. Mineral fuels 191.3 183.5 225.1 3. Machinery and mechanical appliances 126.5 132.1 132.2 4. Base metals 168.7 154.1 162.7 5. Transport equipment 109.4 112.0 112.4 6. Textile yarns 64.9 71.0 68.7 7. Electrical machinery 79.5 79.9 80.6 8. Artificial resins 113.5 108.8 109.2 9. Chemical products 144.0 137.2 137.310. Cereals 107.9 100.7 104.411. Dairy Products 228.4 231.0 235.312. Medical and Pharmaceutical products 101.5 97.8 95.613. Paper products 103.4 101.2 103.014. Feedstuff 199.5 180.8 177.015. Metalliferous ores and metal scrap 248.1 432.9 395.9

B. OTHERS 144.9 155.7 160.7===============================================================Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 59Unit: In million pesos As of June 2018

TABLE 25B. IMPORTS OF SERVICESANNUAL 2015 TO 2017AT CURRENT PRICES

-------------------------------------------------------------------------------------------ANNUAL

2015 2016 2017-------------------------------------------------------------------------------------------

IMPORTS OF SERVICES 1,025,667 1,131,995 1,275,664

1. Transportation 158,928 204,193 234,811 2. Insurance 13,808 23,337 26,037 3. Travel 511,842 538,504 592,026 4. Government 11,584 16,935 14,800 5. Miscellaneous services 329,505 349,026 407,990

====================================================

NATIONAL ACCOUNTS OF THE PHILIPPINESUnit: In million pesos

TABLE 25C. IMPORTS OF SERVICESANNUAL 2015 TO 2017AT CONSTANT 2000 PRICES

-------------------------------------------------------------------------------------------ANNUAL

2015 2016 2017-------------------------------------------------------------------------------------------

IMPORTS OF SERVICES 855,229 916,995 1,025,152

1. Transportation 137,429 170,238 193,480 2. Insurance 12,877 20,647 22,910 3. Travel 395,060 403,011 438,686 4. Government 10,292 14,497 12,543 5. Miscellaneous services 299,571 308,602 357,532

====================================================

Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 60Unit: In Percent As of June 2018

TABLE 25D. IMPORTS OF SERVICESANNUAL 2015 TO 2017AT CURRENT PRICESPercent Distribution-------------------------------------------------------------------------------------------

ANNUAL

2015 2016 2017-------------------------------------------------------------------------------------------

IMPORTS OF SERVICES 100.0 100.0 100.0

1. Transportation 15.5 18.0 18.4 2. Insurance 1.3 2.1 2.0 3. Travel 49.9 47.6 46.4 4. Government 1.1 1.5 1.2 5. Miscellaneous services 32.1 30.8 32.0

====================================================

NATIONAL ACCOUNTS OF THE PHILIPPINESUnit: In Percent

TABLE 25E. IMPORTS OF SERVICESANNUAL 2015 TO 2017AT CONSTANT 2000 PRICESPercent Distribution-------------------------------------------------------------------------------------------

ANNUAL

2015 2016 2017-------------------------------------------------------------------------------------------

IMPORTS OF SERVICES 100.0 100.0 100.0

1. Transportation 16.1 18.6 18.9 2. Insurance 1.5 2.3 2.2 3. Travel 46.2 43.9 42.8 4. Government 1.2 1.6 1.2 5. Miscellaneous services 35.0 33.7 34.9

====================================================

Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 61Unit: In Percent As of June 2018

TABLE 25F. IMPORTS OF SERVICESANNUAL 2015 TO 2017AT CURRENT PRICESGrowth Rates---------------------------------------------------------------------------

ANNUAL15-16 16-17

---------------------------------------------------------------------------

IMPORTS OF SERVICES 10.4 12.7

1. Transportation 28.5 15.0 2. Insurance 69.0 11.6 3. Travel 5.2 9.9 4. Government 46.2 -12.6 5. Miscellaneous services 5.9 16.9

==========================================

NATIONAL ACCOUNTS OF THE PHILIPPINESUnit: In Percent

TABLE 25G. IMPORTS OF SERVICESANNUAL 2015 TO 2017AT CONSTANT 2000 PRICESGrowth Rates---------------------------------------------------------------------------

ANNUAL15-16 16-17

---------------------------------------------------------------------------

IMPORTS OF SERVICES 7.2 11.8

1. Transportation 23.9 13.7 2. Insurance 60.3 11.0 3. Travel 2.0 8.9 4. Government 40.9 -13.5 5. Miscellaneous services 3.0 15.9

==========================================

Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 62Base Year: 2000 As of June 2018

TABLE 25H. IMPORTS OF SERVICESANNUAL 2015 TO 2017Implicit Price Index

-------------------------------------------------------------------------------------------ANNUAL

2015 2016 2017-------------------------------------------------------------------------------------------

IMPORTS OF SERVICES 119.9 123.4 124.4

1. Transportation 115.6 119.9 121.4 2. Insurance 107.2 113.0 113.6 3. Travel 129.6 133.6 135.0 4. Government 112.6 116.8 118.0 5. Miscellaneous services 110.0 113.1 114.1

====================================================

Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 63Unit: In million pesos As of June 2018

ANNUAL 2015 TO 2017AT CURRENT PRICES

--------------------------------------------------------------------------------------------------------------ANNUAL

INDUSTRY/INDUSTRY GROUP 2015 2016 2017--------------------------------------------------------------------------------------------------------------

1. AGRICULTURE, HUNTING AND FORESTRY 1,173,088 1,212,872 1,329,426 a. AGRICULTURE 1,170,256 1,210,438 1,327,122

Palay 298,534 291,619 335,260 Corn 80,598 73,838 82,359 Coconut including copra 83,038 94,053 104,325 Sugarcane 30,358 31,458 29,609 Banana 111,229 120,270 120,397 Mango 26,846 30,071 35,736 Pineapple 19,100 21,904 23,540 Coffee 5,421 5,445 5,526 Cassava 16,189 19,531 22,467 Rubber 7,647 8,154 10,575 Other crops 78,773 84,083 86,159 Livestock 179,947 184,475 208,075 Poultry 135,260 140,255 149,022 Agricultural activities and services 97,318 105,281 114,072

b. FORESTRY 2,832 2,435 2,304

2. FISHING 193,778 185,191 197,228

GROSS VALUE ADDED IN AGRICULTURE, HUNTING, FORESTRY AND FISHING 1,366,866 1,398,063 1,526,654

==============================================================Source: Philippine Statistics Authority

TABLE 26A. GROSS VALUE ADDED IN AGRICULTURE, HUNTING, FORESTRY AND FISHING BY INDUSTRY GROUP

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 64Unit: In million pesos As of June 2018

ANNUAL 2015 TO 2017AT CONSTANT 2000 PRICES

--------------------------------------------------------------------------------------------------------------ANNUAL

INDUSTRY/INDUSTRY GROUP 2015 2016 2017--------------------------------------------------------------------------------------------------------------

1. AGRICULTURE, HUNTING AND FORESTRY 591,269 587,579 616,780 a. AGRICULTURE 587,242 583,932 613,401

Palay 141,544 137,476 150,400 Corn 40,773 39,144 42,969 Coconut including copra 28,312 26,632 26,838 Sugarcane 14,565 14,459 18,818 Banana 33,242 32,566 33,522 Mango 16,897 15,195 13,770 Pineapple 16,526 16,724 17,130 Coffee 2,644 2,514 2,261 Cassava 10,231 10,382 10,578 Rubber 3,046 2,783 3,119 Other crops 41,890 40,657 41,274 Livestock 99,567 104,153 105,298 Poultry 82,397 83,478 87,206 Agricultural activities and services 55,609 57,769 60,218

b. FORESTRY 4,027 3,647 3,379

2. FISHING 128,473 123,347 122,249

GROSS VALUE ADDED IN AGRICULTURE, HUNTING, FORESTRY AND FISHING 719,742 710,926 739,029

==============================================================Source: Philippine Statistics Authority

TABLE 26B. GROSS VALUE ADDED IN AGRICULTURE, HUNTING, FORESTRY AND FISHING BY INDUSTRY GROUP

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 65Unit: In Percent As of June 2018

ANNUAL 2015 TO 2017AT CURRENT PRICESGrowth Rates-----------------------------------------------------------------------------------------------

ANNUALINDUSTRY/INDUSTRY GROUP 15-16 16-17-----------------------------------------------------------------------------------------------

1. AGRICULTURE, HUNTING AND FORESTRY 3.4 9.6 a. AGRICULTURE 3.4 9.6

Palay -2.3 15.0 Corn -8.4 11.5 Coconut including copra 13.3 10.9 Sugarcane 3.6 -5.9 Banana 8.1 0.1 Mango 12.0 18.8 Pineapple 14.7 7.5 Coffee 0.5 1.5 Cassava 20.6 15.0 Rubber 6.6 29.7 Other crops 6.7 2.5 Livestock 2.5 12.8 Poultry 3.7 6.3 Agricultural activities and services 8.2 8.3

b. FORESTRY -14.0 -5.4

2. FISHING -4.4 6.5

GROSS VALUE ADDED IN AGRICULTURE, HUNTING, FORESTRY AND FISHING 2.3 9.2

======================================================Source: Philippine Statistics Authority

TABLE 27A. GROSS VALUE ADDED IN AGRICULTURE, HUNTING, FORESTRY AND FISHING BY INDUSTRY GROUP

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 66Unit: In Percent As of June 2018

ANNUAL 2015 TO 2017AT CONSTANT 2000 PRICESGrowth Rates-----------------------------------------------------------------------------------------------

ANNUALINDUSTRY/INDUSTRY GROUP 15-16 16-17-----------------------------------------------------------------------------------------------

1. AGRICULTURE, HUNTING AND FORESTRY -0.6 5.0 a. AGRICULTURE -0.6 5.0

Palay -2.9 9.4 Corn -4.0 9.8 Coconut including copra -5.9 0.8 Sugarcane -0.7 30.2 Banana -2.0 2.9 Mango -10.1 -9.4 Pineapple 1.2 2.4 Coffee -4.9 -10.1 Cassava 1.5 1.9 Rubber -8.6 12.1 Other crops -2.9 1.5 Livestock 4.6 1.1 Poultry 1.3 4.5 Agricultural activities and services 3.9 4.2

b. FORESTRY -9.4 -7.3

2. FISHING -4.0 -0.9

GROSS VALUE ADDED IN AGRICULTURE, HUNTING, FORESTRY AND FISHING -1.2 4.0

======================================================Source: Philippine Statistics Authority

TABLE 27B. GROSS VALUE ADDED IN AGRICULTURE, HUNTING, FORESTRY AND FISHING BY INDUSTRY GROUP

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ANNUAL 2015 TO 2017Implicit Price Index

--------------------------------------------------------------------------------------------------------------ANNUAL

INDUSTRY/INDUSTRY GROUP 2015 2016 2017--------------------------------------------------------------------------------------------------------------

1. AGRICULTURE, HUNTING AND FORESTRY 198.4 206.4 215.5 a. AGRICULTURE 199.3 207.3 216.4

Palay 210.9 212.1 222.9 Corn 197.7 188.6 191.7 Coconut including copra 293.3 353.2 388.7 Sugarcane 208.4 217.6 157.3 Banana 334.6 369.3 359.2 Mango 158.9 197.9 259.5 Pineapple 115.6 131.0 137.4 Coffee 205.0 216.6 244.4 Cassava 158.2 188.1 212.4 Rubber 251.1 293.0 339.1 Other crops 188.0 206.8 208.8 Livestock 180.7 177.1 197.6 Poultry 164.2 168.0 170.9 Agricultural activities and services 175.0 182.2 189.4

b. FORESTRY 70.3 66.8 68.2

2. FISHING 150.8 150.1 161.3

GROSS VALUE ADDED IN AGRICULTURE, HUNTING, FORESTRY AND FISHING 189.9 196.7 206.6

==============================================================Source: Philippine Statistics Authority

TABLE 28. GROSS VALUE ADDED IN AGRICULTURE, HUNTING, FORESTRY AND FISHING BY INDUSTRY GROUP

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 68Unit: In million pesos As of June 2018

ANNUAL 2015 TO 2017AT CURRENT PRICES--------------------------------------------------------------------------------------------------------

ANNUALINDUSTRY/INDUSTRY GROUP 2015 2016 2017--------------------------------------------------------------------------------------------------------

1. Copper mining 8,866 8,590 9,3692. Gold mining 20,035 24,277 25,2893. Chromium mining 86 141 1354. Nickel mining 18,614 12,326 13,0075. Other metallic mining 665 732 6636. Crude oil, Natural Gas & Condensate 27,248 27,192 32,0257. Stone quarrying, clay and sandpits 18,569 19,895 22,9358. Other non-metallic mining 14,026 21,177 31,091

GROSS VALUE ADDED IN MINING AND QUARRYING 108,109 114,330 134,514

===========================================================

NATIONAL ACCOUNTS OF THE PHILIPPINESUnit: In million pesos

ANNUAL 2015 TO 2017AT CONSTANT 2000 PRICES--------------------------------------------------------------------------------------------------------

ANNUALINDUSTRY/INDUSTRY GROUP 2015 2016 2017--------------------------------------------------------------------------------------------------------

1. Copper mining 3,500 3,722 3,1332. Gold mining 5,055 5,512 5,7133. Chromium mining 47 46 674. Nickel mining 26,977 20,939 20,9795. Other metallic mining 209 231 1986. Crude oil, Natural Gas & Condensate 19,699 21,858 20,8267. Stone quarrying, clay and sandpits 13,483 14,058 15,8348. Other non-metallic mining 11,530 16,739 19,473

GROSS VALUE ADDED IN MINING AND QUARRYING 80,500 83,106 86,222===========================================================Source: Philippine Statistics Authority

TABLE 29A. GROSS VALUE ADDED IN MINING AND QUARRYING BY INDUSTRY GROUP

TABLE 29B. GROSS VALUE ADDED IN MINING AND QUARRYING BY INDUSTRY GROUP

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ANNUAL 2015 TO 2017AT CURRENT PRICESGrowth Rates---------------------------------------------------------------------------------------

ANNUALINDUSTRY/INDUSTRY GROUP 15-16 16-17---------------------------------------------------------------------------------------1. Copper mining -3.1 9.12. Gold mining 21.2 4.23. Chromium mining 65.4 -4.74. Nickel mining -33.8 5.55. Other metallic mining 10.1 -9.56. Crude oil, Natural Gas & Condensate -0.2 17.87. Stone quarrying, clay and sandpits 7.1 15.38. Other non-metallic mining 51.0 46.8

GROSS VALUE ADDED IN MINING AND QUARRYING 5.8 17.7=================================================

NATIONAL ACCOUNTS OF THE PHILIPPINESUnit: In Percent

ANNUAL 2015 TO 2017AT CONSTANT 2000 PRICESGrowth Rates---------------------------------------------------------------------------------------

ANNUALINDUSTRY/INDUSTRY GROUP 15-16 16-17---------------------------------------------------------------------------------------1. Copper mining 6.3 -15.82. Gold mining 9.0 3.63. Chromium mining -2.8 46.94. Nickel mining -22.4 0.25. Other metallic mining 11.0 -14.36. Crude oil, Natural Gas & Condensate 11.0 -4.77. Stone quarrying, clay and sandpits 4.3 12.68. Other non-metallic mining 45.2 16.3

GROSS VALUE ADDED IN MINING AND QUARRYING 3.2 3.7=================================================Source: Philippine Statistics Authority

TABLE 30A. GROSS VALUE ADDED IN MINING AND QUARRYING BY INDUSTRY GROUP

TABLE 30B. GROSS VALUE ADDED IN MINING AND QUARRYING BY INDUSTRY GROUP

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 70Base Year: 2000 As of June 2018

ANNUAL 2015 TO 2017Implicit Price Index

--------------------------------------------------------------------------------------------------------ANNUAL

INDUSTRY/INDUSTRY GROUP 2015 2016 2017--------------------------------------------------------------------------------------------------------

1. Copper mining 253.3 230.8 299.12. Gold mining 396.3 440.4 442.73. Chromium mining 181.0 308.1 199.94. Nickel mining 69.0 58.9 62.05. Other metallic mining 319.2 316.6 334.56. Crude oil, Natural Gas & Condensate 138.3 124.4 153.87. Stone quarrying, clay and sandpits 137.7 141.5 144.88. Other non-metallic mining 121.7 126.5 159.7

GROSS VALUE ADDED IN MINING AND QUARRYING 134.3 137.6 156.0

===========================================================Source: Philippine Statistics Authority

TABLE 31. GROSS VALUE ADDED IN MINING AND QUARRYING BY INDUSTRY GROUP

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 71Unit: In million pesos As of June 2018

TABLE 32A. GROSS VALUE ADDED IN MANUFACTURING BY INDUSTRY GROUPANNUAL 2015 TO 2017AT CURRENT PRICES

-----------------------------------------------------------------------------------------------------------ANNUAL

INDUSTRY/INDUSTRY GROUP 2015 2016 2017-----------------------------------------------------------------------------------------------------------

Food manufactures 1,225,074 1,349,091 1,447,095Beverage industries 112,229 127,172 128,564Tobacco manufactures 9,351 9,943 9,216Textile manufactures 54,593 50,162 44,288Wearing apparel 71,995 69,853 71,315Footwear and leather and leather products 11,721 12,654 12,990Wood, bamboo, cane and rattan articles 20,192 23,567 24,111Paper and paper products 16,848 17,935 18,523Publishing and printing 34,801 36,060 38,727Petroleum and other fuel products 120,760 115,526 144,744Chemical & chemical products 330,292 356,026 383,500Rubber and plastic products 32,578 36,704 36,209Non-metallic mineral products 69,169 68,100 74,095Basic metal industries 47,126 56,564 70,065Fabricated metal products 28,407 28,528 29,727Machinery and equipment except electrical 34,023 35,286 35,484Office, accounting and computing machinery 18,762 22,418 25,926Electrical machinery and apparatus 36,917 40,443 42,747Radio, television and communication equipment and apparatus 290,835 282,497 316,317Transport equipment 38,856 48,131 53,519Furniture and fixtures 25,967 22,258 25,196Miscellaneous manufactures 38,728 38,678 42,220

GROSS VALUE ADDED IN MANUFACTURING 2,669,222 2,847,597 3,074,575

=============================================================Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 72Unit: In million pesos As of June 2018

TABLE 32B. GROSS VALUE ADDED IN MANUFACTURING BY INDUSTRY GROUPANNUAL 2015 TO 2017AT CONSTANT 2000 PRICES

-----------------------------------------------------------------------------------------------------------ANNUAL

INDUSTRY/INDUSTRY GROUP 2015 2016 2017-----------------------------------------------------------------------------------------------------------

Food manufactures 603,249 653,626 685,442Beverage industries 72,375 79,345 80,012Tobacco manufactures 5,480 5,854 5,394Textile manufactures 32,384 29,761 26,141Wearing apparel 31,258 31,238 31,428Footwear and leather and leather products 7,478 8,518 8,745Wood, bamboo, cane and rattan articles 17,366 20,504 21,003Paper and paper products 15,392 16,430 17,100Publishing and printing 17,916 18,809 19,507Petroleum and other fuel products 49,035 49,689 55,407Chemical & chemical products 220,902 242,753 261,951Rubber and plastic products 25,398 31,596 32,562Non-metallic mineral products 43,362 42,089 50,605Basic metal industries 35,290 49,590 60,761Fabricated metal products 21,994 21,986 33,022Machinery and equipment except electrical 31,424 39,328 40,309

Office, accounting and computing machinery 20,342 29,323 34,466Electrical machinery and apparatus 37,373 42,074 44,642Radio, television and communication equipment and apparatus 311,241 305,480 345,151Transport equipment 31,301 38,926 43,593Furniture and fixtures 90,378 89,500 104,573Miscellaneous manufactures 40,050 39,096 41,303

GROSS VALUE ADDED IN MANUFACTURING 1,760,989 1,885,514 2,043,118

=============================================================Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 73Unit: In Percent As of June 2018

TABLE 33A. GROSS VALUE ADDED IN MANUFACTURING BY INDUSTRY GROUPANNUAL 2015 TO 2017AT CURRENT PRICESGrowth Rates--------------------------------------------------------------------------------------------

ANNUAL

INDUSTRY/INDUSTRY GROUP 15-16 16-17--------------------------------------------------------------------------------------------

Food manufactures 10.1 7.3Beverage industries 13.3 1.1Tobacco manufactures 6.3 -7.3Textile manufactures -8.1 -11.7Wearing apparel -3.0 2.1Footwear and leather and leather products 8.0 2.7Wood, bamboo, cane and rattan articles 16.7 2.3Paper and paper products 6.4 3.3Publishing and printing 3.6 7.4Petroleum and other fuel products -4.3 25.3Chemical & chemical products 7.8 7.7Rubber and plastic products 12.7 -1.3Non-metallic mineral products -1.5 8.8Basic metal industries 20.0 23.9Fabricated metal products 0.4 4.2Machinery and equipment except electrical 3.7 0.6Office, accounting and computing machinery 19.5 15.6Electrical machinery and apparatus 9.6 5.7Radio, television and communication equipment and apparatus -2.9 12.0Transport equipment 23.9 11.2Furniture and fixtures -14.3 13.2Miscellaneous manufactures -0.1 9.2

GROSS VALUE ADDED IN MANUFACTURING 6.7 8.0

====================================================Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 74Unit: In Percent As of June 2018

TABLE 33B. GROSS VALUE ADDED IN MANUFACTURING BY INDUSTRY GROUPANNUAL 2015 TO 2017AT CONSTANT 2000 PRICESGrowth Rates--------------------------------------------------------------------------------------------

ANNUAL

INDUSTRY/INDUSTRY GROUP 15-16 16-17--------------------------------------------------------------------------------------------

Food manufactures 8.4 4.9Beverage industries 9.6 0.8Tobacco manufactures 6.8 -7.9Textile manufactures -8.1 -12.2Wearing apparel -0.1 0.6

Footwear and leather and leather products 13.9 2.7Wood, bamboo, cane and rattan articles 18.1 2.4Paper and paper products 6.7 4.1Publishing and printing 5.0 3.7Petroleum and other fuel products 1.3 11.5Chemical & chemical products 9.9 7.9Rubber and plastic products 24.4 3.1Non-metallic mineral products -2.9 20.2Basic metal industries 40.5 22.5Fabricated metal products 0.0 50.2

Machinery and equipment except electrical 25.2 2.5Office, accounting and computing machinery 44.1 17.5

Electrical machinery and apparatus 12.6 6.1Radio, television and communication equipment and apparatus -1.9 13.0Transport equipment 24.4 12.0Furniture and fixtures -1.0 16.8Miscellaneous manufactures -2.4 5.6

GROSS VALUE ADDED IN MANUFACTURING 7.1 8.4

====================================================Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 75Base Year: 2000 As of June 2018

TABLE 34. GROSS VALUE ADDED IN MANUFACTURING BY INDUSTRY GROUPANNUAL 2015 TO 2017Implicit Price Index

-----------------------------------------------------------------------------------------------------------ANNUAL

INDUSTRY/INDUSTRY GROUP 2015 2016 2017-----------------------------------------------------------------------------------------------------------

Food manufactures 203.1 206.4 211.1Beverage industries 155.1 160.3 160.7Tobacco manufactures 170.6 169.9 170.9Textile manufactures 168.6 168.6 169.4Wearing apparel 230.3 223.6 226.9Footwear and leather and leather products 156.7 148.6 148.5

Wood, bamboo, cane and rattan articles 116.3 114.9 114.8Paper and paper products 109.5 109.2 108.3Publishing and printing 194.2 191.7 198.5Petroleum and other fuel products 246.3 232.5 261.2Chemical & chemical products 149.5 146.7 146.4Rubber and plastic products 128.3 116.2 111.2Non-metallic mineral products 159.5 161.8 146.4Basic metal industries 133.5 114.1 115.3Fabricated metal products 129.2 129.8 90.0Machinery and equipment except electrical 108.3 89.7 88.0

Office, accounting and computing machinery 92.2 76.5 75.2

Electrical machinery and apparatus 98.8 96.1 95.8Radio, television and communication equipment and apparatus 93.4 92.5 91.6Transport equipment 124.1 123.6 122.8Furniture and fixtures 28.7 24.9 24.1Miscellaneous manufactures 96.7 98.9 102.2

GROSS VALUE ADDED IN MANUFACTURING 151.6 151.0 150.5

=============================================================Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 76Unit: In million pesos As of June 2018

TABLE 35A. GROSS VALUE AND GROSS VALUE ADDED IN CONSTRUCTION1ST QUARTER 2015 TO 4TH QUARTER 2017AT CURRENT PRICES

----------------------------------------------------------------------------------------------------ANNUAL

INDUSTRY/INDUSTRY GROUP 2015 2016 2017----------------------------------------------------------------------------------------------------

1. PUBLIC 361,125 457,830 525,938 2. PRIVATE 1,205,776 1,336,187 1,415,394

GROSS VALUE IN CONSTRUCTION 1,566,901 1,794,018 1,941,333

----------------------------------------------------------------------------------------------------

GROSS VALUE ADDED IN CONSTRUCTION 904,510 1,034,279 1,116,365

==========================================================

NATIONAL ACCOUNTS OF THE PHILIPPINESUnit: In million pesos

TABLE 35B. GROSS VALUE AND GROSS VALUE ADDED IN CONSTRUCTION1ST QUARTER 2015 TO 4TH QUARTER 2017AT CONSTANT 2000 PRICES

----------------------------------------------------------------------------------------------------ANNUAL

INDUSTRY/INDUSTRY GROUP 2015 2016 2017----------------------------------------------------------------------------------------------------

1. PUBLIC 151,161 190,044 214,217 2. PRIVATE 550,641 603,425 625,750

GROSS VALUE IN CONSTRUCTION 701,802 793,470 839,967

----------------------------------------------------------------------------------------------------

GROSS VALUE ADDED IN CONSTRUCTION 456,932 512,113 539,267

==========================================================

Source: Philippine Statistics Authority

Note: Private Construction includes Built-Operate-Transfer (BOT) Projects which used to be under Public Construction

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 77Unit: In Percent As of June 2018

TABLE 36A. GROSS VALUE AND GROSS VALUE ADDED IN CONSTRUCTION1ST QUARTER 2015 TO 4TH QUARTER 2017AT CURRENT PRICESGrowth Rates-----------------------------------------------------------------------------------

INDUSTRY/INDUSTRY GROUP 15-16 16-17-----------------------------------------------------------------------------------

1. PUBLIC 26.8 14.9 2. PRIVATE 10.8 5.9

GROSS VALUE IN CONSTRUCTION 14.5 8.2

-----------------------------------------------------------------------------------

GROSS VALUE ADDED IN CONSTRUCTION 14.3 7.9

=================================================

NATIONAL ACCOUNTS OF THE PHILIPPINESUnit: In Percent

TABLE 36B. GROSS VALUE AND GROSS VALUE ADDED IN CONSTRUCTION1ST QUARTER 2015 TO 4TH QUARTER 2017AT CONSTANT 2000 PRICESGrowth Rates-----------------------------------------------------------------------------------

ANNUALINDUSTRY/INDUSTRY GROUP 15-16 16-17-----------------------------------------------------------------------------------

1. PUBLIC 25.7 12.7 2. PRIVATE 9.6 3.7

GROSS VALUE IN CONSTRUCTION 13.1 5.9

-----------------------------------------------------------------------------------

GROSS VALUE ADDED IN CONSTRUCTION 12.1 5.3

=================================================

Source: Philippine Statistics Authority

Note: Private Construction includes Built-Operate-Transfer (BOT) Projects which used to be under Public Construction

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 78Base Year: 2000 As of June 2018

TABLE 37. GROSS VALUE AND GROSS VALUE ADDED IN CONSTRUCTION1ST QUARTER 2015 TO 4TH QUARTER 2017Implicit Price Index

----------------------------------------------------------------------------------------------------ANNUAL

INDUSTRY/INDUSTRY GROUP 2015 2016 2017----------------------------------------------------------------------------------------------------

1. PUBLIC 238.9 240.9 245.5 2. PRIVATE 219.0 221.4 226.2

GROSS VALUE IN CONSTRUCTION 223.3 226.1 231.1

----------------------------------------------------------------------------------------------------

GROSS VALUE ADDED IN CONSTRUCTION 198.0 202.0 207.0

==========================================================Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 79Unit: In million pesos As of June 2018

TABLE 38A. GROSS VALUE ADDED IN ELECTRICITY, GAS AND WATER SUPPLYANNUAL 2015 TO 2017AT CURRENT PRICES

---------------------------------------------------------------------------------------------------------ANNUAL

INDUSTRY/INDUSTRY GROUP 2015 2016 2017---------------------------------------------------------------------------------------------------------

1. ELECTRICITY 355,738 373,805 403,235 2. STEAM 9,425 9,160 8,926 3. WATER 69,017 72,936 75,785

GROSS VALUE ADDED IN

ELECTRICITY, GAS & WATER SUPPLY 434,181 455,901 487,946

=============================================================

NATIONAL ACCOUNTS OF THE PHILIPPINESUnit: In million pesos

TABLE 38B. GROSS VALUE ADDED IN ELECTRICITY, GAS AND WATER SUPPLYANNUAL 2015 TO 2017AT CONSTANT 2000 PRICES

---------------------------------------------------------------------------------------------------------ANNUAL

INDUSTRY/INDUSTRY GROUP 2015 2016 2017---------------------------------------------------------------------------------------------------------

1. ELECTRICITY 213,344 233,771 242,773 2. STEAM 11,100 11,694 11,290 3. WATER 22,547 23,837 24,434

GROSS VALUE ADDED IN

ELECTRICITY, GAS & WATER SUPPLY 246,990 269,301 278,497

=============================================================Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 80Unit: In Percent As of June 2018

TABLE 39A. GROSS VALUE ADDED IN ELECTRICITY, GAS AND WATER SUPPLYANNUAL 2015 TO 2017AT CURRENT PRICESGrowth Rates----------------------------------------------------------------------------------------

ANNUAL

INDUSTRY/INDUSTRY GROUP 15-16 16-17----------------------------------------------------------------------------------------

1. ELECTRICITY 5.1 7.92. STEAM -2.8 -2.63. WATER 5.7 3.9

GROSS VALUE ADDED INELECTRICITY, GAS & WATER SUPPLY 5.0 7.0

====================================================

NATIONAL ACCOUNTS OF THE PHILIPPINESUnit: In Percent

TABLE 39B. GROSS VALUE ADDED IN ELECTRICITY, GAS AND WATER SUPPLYANNUAL 2015 TO 2017AT CONSTANT 2000 PRICESGrowth Rates----------------------------------------------------------------------------------------

ANNUAL

INDUSTRY/INDUSTRY GROUP 15-16 16-17----------------------------------------------------------------------------------------

1. ELECTRICITY 9.6 3.92. STEAM 5.3 -3.53. WATER 5.7 2.5

GROSS VALUE ADDED INELECTRICITY, GAS AND WATER SUPPLY 9.0 3.4

====================================================Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 81Base Year: 2000 As of June 2018

TABLE 40. GROSS VALUE ADDED IN ELECTRICITY, GAS AND WATER SUPPLYANNUAL 2015 TO 2017Implicit Price Index

---------------------------------------------------------------------------------------------------------ANNUAL

INDUSTRY/INDUSTRY GROUP 2015 2016 2017---------------------------------------------------------------------------------------------------------

1. ELECTRICITY 166.7 159.9 166.12. STEAM 84.9 78.3 79.13. WATER 306.1 306.0 310.2

GROSS VALUE ADDED INELECTRICITY, GAS AND WATER SUPPLY 175.8 169.3 175.2

=============================================================Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 82Unit: In million pesos As of June 2018

ANNUAL 2015 TO 2017AT CURRENT PRICES

-------------------------------------------------------------------------------------------ANNUAL

INDUSTRY/INDUSTRY GROUP 2015 2016 2017-------------------------------------------------------------------------------------------

1. TRANSPORT AND STORAGE 494,265 535,862 575,709 a. Land 280,895 300,170 317,185 b. Water 26,675 28,213 30,281 c. Air 75,545 86,169 93,860 d. Storage and services 111,151 121,311 134,383 incidental to transport

2. COMMUNICATION 361,786 373,407 386,831

GROSS VALUE ADDED IN TRANSPORT, STORAGE 856,051 909,269 962,540 AND COMMUNICATION

=====================================================

NATIONAL ACCOUNTS OF THE PHILIPPINESUnit: In million pesos

ANNUAL 2015 TO 2017AT CONSTANT 2000 PRICES

-------------------------------------------------------------------------------------------ANNUAL

INDUSTRY/INDUSTRY GROUP 2015 2016 2017-------------------------------------------------------------------------------------------

1. TRANSPORT AND STORAGE 231,721 251,526 264,340 a. Land 124,635 134,069 138,185 b. Water 17,399 18,355 19,149 c. Air 26,816 30,491 32,709 d. Storage and services 62,871 68,612 74,296 incidental to transport

2. COMMUNICATION 349,568 360,376 372,237

GROSS VALUE ADDED IN TRANSPORT, STORAGE 581,289 611,902 636,577 AND COMMUNICATION

=====================================================Source: Philippine Statistics Authority

TABLE 41A. GROSS VALUE ADDED IN TRANSPORT, STORAGE AND COMMUNICATION

TABLE 41B. GROSS VALUE ADDED IN TRANSPORT, STORAGE AND COMMUNICATION

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 83Unit: In Percent As of June 2018

ANNUAL 2015 TO 2017AT CURRENT PRICESGrowth Rates----------------------------------------------------------------------------

ANNUAL

INDUSTRY/INDUSTRY GROUP 15-16 16-17----------------------------------------------------------------------------1. TRANSPORT AND STORAGE 8.4 7.4 a. Land 6.9 5.7 b. Water 5.8 7.3 c. Air 14.1 8.9 d. Storage and services 9.1 10.8 incidental to transport

2. COMMUNICATION 3.2 3.6

GROSS VALUE ADDED IN TRANSPORT, STORAGE 6.2 5.9 AND COMMUNICATION

=============================================NATIONAL ACCOUNTS OF THE PHILIPPINESUnit: In Percent

ANNUAL 2015 TO 2017AT CONSTANT 2000 PRICESGrowth Rates----------------------------------------------------------------------------

ANNUAL

INDUSTRY/INDUSTRY GROUP 15-16 15-17----------------------------------------------------------------------------1. TRANSPORT AND STORAGE 8.5 5.1 a. Land 7.6 3.1 b. Water 5.5 4.3 c. Air 13.7 7.3 d. Storage and services 9.1 8.3 incidental to transport

2. COMMUNICATION 3.1 3.3

GROSS VALUE ADDED IN TRANSPORT, STORAGE 5.3 4.0 AND COMMUNICATION

=============================================Source: Philippine Statistics Authority

TABLE 42A. GROSS VALUE ADDED IN TRANSPORT, STORAGE AND COMMUNICATION

TABLE 42B. GROSS VALUE ADDED IN TRANSPORT, STORAGE AND COMMUNICATION

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 84Base Year: 2000 As of June 2018

ANNUAL 2015 TO 2017Implicit Price Index-------------------------------------------------------------------------------------------

ANNUAL

INDUSTRY/INDUSTRY GROUP 2015 2016 2017-------------------------------------------------------------------------------------------

1. TRANSPORT AND STORAGE 213.3 213.0 217.8 a. Land 225.4 223.9 229.5 b. Water 153.3 153.7 158.1 c. Air 281.7 282.6 287.0 d. Storage and services 176.8 176.8 180.9 incidental to transport

2. COMMUNICATION 103.5 103.6 103.9

GROSS VALUE ADDED IN TRANSPORT, STORAGE 147.3 148.6 151.2 AND COMMUNICATION

=====================================================Source: Philippine Statistics Authority

TABLE 43. GROSS VALUE ADDED IN TRANSPORT, STORAGE AND COMMUNICATION

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 85Unit: In million pesos As of June 2018

ANNUAL 2015 TO 2017AT CURRENT PRICES

---------------------------------------------------------------------------------------------------------------ANNUAL

INDUSTRY/INDUSTRY GROUP 2015 2016 2017---------------------------------------------------------------------------------------------------------------

1. Maintenance and Repair of Motor Vehicles, Motorcycles, Personal and Household Goods 71,547 78,426 86,7382. Wholesale Trade 456,541 510,226 570,2353. Retail Trade 1,884,007 2,064,183 2,262,640

GROSS VALUE ADDED IN TRADE AND REPAIR OF MOTOR VEHICLES, MOTORCYCLES, PERSONAL AND HOUSEHOLD GOODS 2,412,096 2,652,835 2,919,613

==============================================================

NATIONAL ACCOUNTS OF THE PHILIPPINESUnit: In million pesos

ANNUAL 2015 TO 2017AT CONSTANT 2000 PRICES

---------------------------------------------------------------------------------------------------------------ANNUAL

INDUSTRY/INDUSTRY GROUP 2015 2016 2017---------------------------------------------------------------------------------------------------------------

1. Maintenance and Repair of Motor Vehicles, Motorcycles, Personal and Household Goods 43,357 48,344 51,2752. Wholesale Trade 221,102 243,790 262,9253. Retail Trade 1,006,067 1,075,304 1,153,655

GROSS VALUE ADDED IN TRADE AND REPAIR OF MOTOR VEHICLES, MOTORCYCLES, PERSONAL AND HOUSEHOLD GOODS 1,270,526 1,367,438 1,467,855

==============================================================Source: Philippine Statistics Authority

TABLE 44A. GROSS VALUE ADDED IN TRADE AND REPAIR OF MOTOR VEHICLES, MOTORCYCLES, PERSONAL AND HOUSEHOLD GOODS

TABLE 44B. GROSS VALUE ADDED IN TRADE AND REPAIR OF MOTOR VEHICLES, MOTORCYCLES, PERSONAL AND HOUSEHOLD GOODS

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 86Unit: In Percent As of June 2018

ANNUAL 2015 TO 2017AT CURRENT PRICESGrowth Rates-----------------------------------------------------------------------------------------------

ANNUAL

INDUSTRY/INDUSTRY GROUP 15-16 16-17-----------------------------------------------------------------------------------------------

1. Maintenance and Repair of Motor Vehicles, Motorcycles, Personal and Household Goods 9.6 10.62. Wholesale Trade 11.8 11.83. Retail Trade 9.6 9.6

GROSS VALUE ADDED IN TRADE AND REPAIR OF MOTOR VEHICLES, MOTORCYCLES, PERSONAL AND HOUSEHOLD GOODS 10.0 10.1

======================================================

NATIONAL ACCOUNTS OF THE PHILIPPINESUnit: In Percent

ANNUAL 2015 TO 2017AT CONSTANT 2000 PRICESGrowth Rates-----------------------------------------------------------------------------------------------

ANNUAL

INDUSTRY/INDUSTRY GROUP 15-16 16-17-----------------------------------------------------------------------------------------------1. Maintenance and Repair of Motor Vehicles, Motorcycles, Personal and Household Goods 11.5 6.12. Wholesale Trade 10.3 7.83. Retail Trade 6.9 7.3

GROSS VALUE ADDED IN TRADE AND REPAIR OF MOTOR VEHICLES, MOTORCYCLES, PERSONAL AND HOUSEHOLD GOODS 7.6 7.3

======================================================Source: Philippine Statistics Authority

TABLE 45A. GROSS VALUE ADDED IN TRADE AND REPAIR OF MOTOR VEHICLES, MOTORCYCLES, PERSONAL AND HOUSEHOLD GOODS

TABLE 45B. GROSS VALUE ADDED IN TRADE AND REPAIR OF MOTOR VEHICLES, MOTORCYCLES, PERSONAL AND HOUSEHOLD GOODS

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 87Base Year: 2000 As of June 2018

ANNUAL 2015 TO 2017Implicit Price Index

---------------------------------------------------------------------------------------------------------------ANNUAL

INDUSTRY/INDUSTRY GROUP 2015 2016 2017---------------------------------------------------------------------------------------------------------------

1. Maintenance and Repair of Motor Vehicles, Motorcycles, Personal and Household Goods 165.0 162.2 169.22. Wholesale Trade 206.5 209.3 216.93. Retail Trade 187.3 192.0 196.1

GROSS VALUE ADDED IN TRADE AND REPAIR OF MOTOR VEHICLES, MOTORCYCLES, PERSONAL AND HOUSEHOLD GOODS 189.9 194.0 198.9

==============================================================Source: Philippine Statistics Authority

TABLE 46. GROSS VALUE ADDED IN TRADE AND REPAIR OF MOTOR VEHICLES, MOTORCYCLES, PERSONAL AND HOUSEHOLD GOODS

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 88Unit: In million pesos As of June 2018

ANNUAL 2015 TO 2017AT CURRENT PRICES

-----------------------------------------------------------------------------------------------------ANNUAL

INDUSTRY/INDUSTRY GROUP 2015 2016 2017-----------------------------------------------------------------------------------------------------

1. Banking Institutions 476,063 530,188 598,1752. Non-bank Financial Intermediation 345,478 371,342 408,0603. Insurance 183,626 203,019 220,4424. Activities Auxiliary to Financial Intermediation 58,501 64,063 70,752

GROSS VALUE ADDED IN FINANCIAL INTERMEDIATION 1,063,668 1,168,611 1,297,428

===========================================================

NATIONAL ACCOUNTS OF THE PHILIPPINESUnit: In million pesos

ANNUAL 2015 TO 2017AT CONSTANT 2000 PRICES

-----------------------------------------------------------------------------------------------------ANNUAL

INDUSTRY/INDUSTRY GROUP 2015 2016 2017-----------------------------------------------------------------------------------------------------

1. Banking Institutions 244,746 267,832 292,8942. Non-bank Financial Intermediation 177,584 187,525 199,7613. Insurance 94,304 102,400 107,7574. Activities Auxiliary to Financial Intermediation 30,081 32,355 34,653

GROSS VALUE ADDED IN FINANCIAL INTERMEDIATION 546,714 590,112 635,064 ===========================================================Source: Philippine Statistics Authority

TABLE 47A. GROSS VALUE ADDED IN FINANCIAL INTERMEDIATION BY INDUSTRY GROUP

TABLE 47B. GROSS VALUE ADDED IN FINANCIAL INTERMEDIATION BY INDUSTRY GROUP

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 89Unit: In Percent As of June 2018

ANNUAL 2015 TO 2017AT CURRENT PRICESGrowth Rates--------------------------------------------------------------------------------------

ANNUAL

INDUSTRY/INDUSTRY GROUP 15-16 16-17--------------------------------------------------------------------------------------

1. Banking Institutions 11.4 12.82. Non-bank Financial Intermediation 7.5 9.93. Insurance 10.6 8.64. Activities Auxiliary to Financial Intermediation 9.5 10.4

GROSS VALUE ADDED IN FINANCIAL INTERMEDIATION 9.9 11.0

==================================================

NATIONAL ACCOUNTS OF THE PHILIPPINESUnit: In Percent

ANNUAL 2015 TO 2017AT CONSTANT 2000 PRICESGrowth Rates--------------------------------------------------------------------------------------

ANNUAL

INDUSTRY/INDUSTRY GROUP 15-16 16-17--------------------------------------------------------------------------------------

1. Banking Institutions 9.4 9.42. Non-bank Financial Intermediation 5.6 6.53. Insurance 8.6 5.24. Activities Auxiliary to Financial Intermediation 7.6 7.1

GROSS VALUE ADDED IN FINANCIAL INTERMEDIATION 7.9 7.6 ==================================================Source: Philippine Statistics Authority

TABLE 48A. GROSS VALUE ADDED IN FINANCIAL INTERMEDIATION BY INDUSTRY GROUP

TABLE 48B. GROSS VALUE ADDED IN FINANCIAL INTERMEDIATION BY INDUSTRY GROUP

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 90Base Year: 2000 As of June 2018

ANNUAL 2015 TO 2017Implicit Price Index

-----------------------------------------------------------------------------------------------------ANNUAL

INDUSTRY/INDUSTRY GROUP 2015 2016 2017-----------------------------------------------------------------------------------------------------

1. Banking Institutions 194.5 198.0 204.22. Non-bank Financial Intermediation 194.5 198.0 204.33. Insurance 194.7 198.3 204.64. Activities Auxiliary to Financial Intermediation 194.5 198.0 204.2

GROSS VALUE ADDED IN FINANCIAL INTERMEDIATION 194.6 198.0 204.3

===========================================================Source: Philippine Statistics Authority

TABLE 49. GROSS VALUE ADDED IN FINANCIAL INTERMEDIATION BY INDUSTRY GROUP

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 91Unit: In million pesos As of June 2018

ANNUAL 2015 TO 2017AT CURRENT PRICES

-------------------------------------------------------------------------------------------------

INDUSTRY/INDUSTRY GROUP 2015 2016 2017-------------------------------------------------------------------------------------------------

Real Estate 408,267 444,111 502,077Renting and other Business Activities 826,013 969,679 1,075,053Ownership of Dwellings 463,799 485,204 507,668

GROSS VALUE ADDED INREAL ESTATE, RENTING & BUSINESS ACTIVITIES 1,698,079 1,898,993 2,084,798 =========================================================

NATIONAL ACCOUNTS OF THE PHILIPPINESUnit: In million pesos

ANNUAL 2015 TO 2017AT CONSTANT 2000 PRICES

-------------------------------------------------------------------------------------------------

INDUSTRY/INDUSTRY GROUP 2015 2016 2017-------------------------------------------------------------------------------------------------

Real Estate 207,704 221,930 243,177Renting and other Business Activities 364,188 418,216 457,261Ownership of Dwellings 282,856 290,538 299,055

GROSS VALUE ADDED INREAL ESTATE, RENTING & BUSINESS ACTIVITIES 854,747 930,685 999,493 =========================================================Source: Philippine Statistics Authority

TABLE 50A. GROSS VALUE ADDED IN REAL ESTATE, RENTING & BUSINESS ACTIVITIES BY INDUSTRY GROUP

TABLE 50B. GROSS VALUE ADDED IN REAL ESTATE, RENTING & BUSINESS ACTIVITIES BY INDUSTRY GROUP

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 92Unit: In Percent As of June 2018

ANNUAL 2015 TO 2017AT CURRENT PRICESGrowth Rates----------------------------------------------------------------------------------

ANNUAL

INDUSTRY/INDUSTRY GROUP 15-16 16-17----------------------------------------------------------------------------------

Real Estate 8.8 13.1Renting and other Business Activities 17.4 10.9Ownership of Dwellings 4.6 4.6

GROSS VALUE ADDED INREAL ESTATE, RENTING & BUSINESS ACTIVITIES 11.8 9.8 ================================================

NATIONAL ACCOUNTS OF THE PHILIPPINESUnit: In Percent

ANNUAL 2015 TO 2017AT CONSTANT 2000 PRICESGrowth Rates----------------------------------------------------------------------------------

ANNUAL

INDUSTRY/INDUSTRY GROUP 15-16 16-17----------------------------------------------------------------------------------

Real Estate 6.8 9.6

Renting and other Business Activities 14.8 9.3Ownership of Dwellings 2.7 2.9

GROSS VALUE ADDED INREAL ESTATE, RENTING & BUSINESS ACTIVITIES 8.9 7.4 ================================================Source: Philippine Statistics Authority

TABLE 51A. GROSS VALUE ADDED IN REAL ESTATE, RENTING & BUSINESS ACTIVITIES BY INDUSTRY GROUP

TABLE 51B. GROSS VALUE ADDED IN REAL ESTATE, RENTING & BUSINESS ACTIVITIES BY INDUSTRY GROUP

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 93Base Year: 2000 As of June 2018

ANNUAL 2015 TO 2017Implicit Price Index

-------------------------------------------------------------------------------------------------ANNUAL

INDUSTRY/INDUSTRY GROUP 2015 2016 2017-------------------------------------------------------------------------------------------------

Real Estate 196.6 200.1 206.5Renting and other Business Activities 226.8 231.9 235.1Ownership of Dwellings 164.0 167.0 169.8

GROSS VALUE ADDED INREAL ESTATE, RENTING & BUSINESS ACTIVITIES 198.7 204.0 208.6

=========================================================Source: Philippine Statistics Authority

TABLE 52. GROSS VALUE ADDED IN REAL ESTATE, RENTING & BUSINESS ACTIVITIES BY INDUSTRY GROUP

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 94Unit: In million pesos As of June 2018

TABLE 53A. GROSS VALUE ADDED IN OTHER SERVICES BY INDUSTRY GROUPANNUAL 2015 TO 2017AT CURRENT PRICES

----------------------------------------------------------------------------------------------------------------ANNUAL

INDUSTRY/INDUSTRY GROUP 2015 2016 2017----------------------------------------------------------------------------------------------------------------1. Education 505,223 555,580 623,1642. Health and Social Work 222,166 246,834 265,9453. Hotels and Restaurants 233,674 258,680 289,6064. Sewage and Refuse Disposal Sanitation and Similar Activities 5,589 5,875 6,1955. Recreational, Cultural and Sporting Activities 254,968 277,006 281,5216. Other Service Activities 74,648 81,047 87,091

GROSS VALUE ADDED IN OTHER SERVICES 1,296,268 1,425,023 1,553,521

================================================================

NATIONAL ACCOUNTS OF THE PHILIPPINESUnit: In million pesos

TABLE 53B. GROSS VALUE ADDED IN OTHER SERVICES BY INDUSTRY GROUPANNUAL 2015 TO 2017AT CONSTANT 2000 PRICES

----------------------------------------------------------------------------------------------------------------ANNUAL

INDUSTRY/INDUSTRY GROUP 2015 2016 2017----------------------------------------------------------------------------------------------------------------

1. Education 316,642 337,934 370,9822. Health and Social Work 121,706 132,389 138,3783. Hotels and Restaurants 133,666 145,581 158,1534. Sewage and Refuse Disposal Sanitation and Similar Activities 3,102 3,193 3,2925. Recreational, Cultural and Sporting Activities 169,064 181,163 181,2756. Other Service Activities 40,117 42,844 45,255

GROSS VALUE ADDED IN OTHER SERVICES 784,297 843,105 897,335

================================================================Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 95Unit: In Percent As of June 2018

TABLE 54A. GROSS VALUE ADDED IN OTHER SERVICES BY INDUSTRY GROUPANNUAL 2015 TO 2017AT CURRENT PRICESGrowth Rates------------------------------------------------------------------------------------------------

ANNUALINDUSTRY/INDUSTRY GROUP 15-16 16-17------------------------------------------------------------------------------------------------1. Education 10.0 12.22. Health and Social Work 11.1 7.73. Hotels and Restaurants 10.7 12.04. Sewage and Refuse Disposal Sanitation and Similar Activities 5.1 5.45. Recreational, Cultural and Sporting Activities 8.6 1.66. Other Service Activities 8.6 7.5

GROSS VALUE ADDED IN OTHER SERVICES 9.9 9.0

=======================================================

NATIONAL ACCOUNTS OF THE PHILIPPINESUnit: In Percent

TABLE 54B. GROSS VALUE ADDED IN OTHER SERVICES BY INDUSTRY GROUPANNUAL 2015 TO 2017AT CONSTANT 2000 PRICESGrowth Rates------------------------------------------------------------------------------------------------

ANNUALINDUSTRY/INDUSTRY GROUP 15-16 16-17------------------------------------------------------------------------------------------------1. Education 6.7 9.82. Health and Social Work 8.8 4.53. Hotels and Restaurants 8.9 8.64. Sewage and Refuse Disposal Sanitation and Similar Activities 3.0 3.15. Recreational, Cultural and Sporting Activities 7.2 0.16. Other Service Activities 6.8 5.6

GROSS VALUE ADDED IN OTHER SERVICES 7.5 6.4

=======================================================Source: Philippine Statistics Authority

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NATIONAL ACCOUNTS OF THE PHILIPPINES Page 96Base Year: 2000 As of June 2018

TABLE 55. GROSS VALUE ADDED IN OTHER SERVICES BY INDUSTRY GROUPANNUAL 2015 TO 2017Implicit Price Index

----------------------------------------------------------------------------------------------------------------ANNUAL

INDUSTRY/INDUSTRY GROUP 2015 2016 2017----------------------------------------------------------------------------------------------------------------

1. Education 159.6 164.4 168.02. Health and Social Work 182.5 186.4 192.23. Hotels and Restaurants 174.8 177.7 183.14. Sewage and Refuse Disposal Sanitation and Similar Activities 180.2 184.0 188.2

5. Recreational, Cultural and SportingActivities

150.8 152.9 155.3

6. Other Service Activities 186.1 189.2 192.4

GROSS VALUE ADDED IN OTHER SERVICES 165.3 169.0 173.1

================================================================Source: Philippine Statistics Authority

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Calendar of Release of the National and Regional Accounts for CY 2018

In accordance with goals and strategies of the Philippine Statistics Authority (PSA) for the release of its products and services particularly the Quarterly National Accounts, we are transmitting the following schedule of releases for the year 2018 including the release of other related accounts:

Q4-2017 and 2017 Annual National Accounts 23 January 2018 (Tuesday)

Q1-2018 National Accounts 10 May 2018 (Thursday)

Q2-2018 National Accounts 09 August 2018 (Thursday)

Q3-2018 National Accounts 08 November 2018 (Thursday)

Q1 2015 to Q4 2017 Revised Quarterly and Annual National Accounts 12 April 2018 (Thursday)

Q4 2018 and 2018 Annual National Accounts 24 January 2019 (Thursday)

2017 Consolidated Accounts/ Income and Outlay Accounts 28 June 2018 (Thursday)

2017 Gross Regional Domestic Product 26 April 2018 (Thursday)

2017 Gross Regional Domestic Expenditure 19 July 2018 (Thursday)

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Consolidated Accounts and Income and Outlay Accounts PHILIPPINE STATISTICS AUTHORITY

LISA GRACE S. BERSALES Ph.D. Undersecretary

National Statistician and Civil Registrar General

JOSIE B. PEREZ ROMEO S. RECIDE DANIEL A. ARIASO, Sr. Assistant Secretary Deputy National Statistician Censuses and Technical Coordination Office

Assistant Secretary Deputy National Statistician Sectoral Statistics Office

Assistant Secretary Deputy National Statistician Civil Registration and Central Support Office

VIVIAN R. ILARINA Assistant National Statistician

Macroeconomic Accounts Service

FLORANDE S. POLISTICO MARK C. PASCASIO Chief Chief

Production Accounts Division Expenditure Accounts Division

EDUARDO B. SANGUYO MARIA CAROL G. DURAN Chief Chief

Satellite Accounts Division Agricultural Accounts Division

MA. LIBERTIE V. MASCULINO VIRGINIA M. BATHAN Officer-in-Charge Officer-in-Charge Integrated Accounts Division Environmental and Natural Resources

Accounts Division

PRODUCTION ACCOUNTS

Agriculture, Hunting, Forestry, and Fishery Cynthia P. Donato

Industry Sector Mining and Quarrying Jomar S. Garachico

Manufacturing Faith Hyacinth M. Balisacan

Construction Dean Joseph A. Villanueva

Electricity, Gas and Water Chelo M. Nuyda

Services Sector Transportation, Storage, and Communication Elgie A. Gulane

Trade Anne Pauline M. Genevia

Financial Intermediation Christian Patrick E. Vinculado

Real Estate, Renting, and Business Activities Aaron Paolo B. Uy

Other Services Kristy Ann G. Meguiso

Public Administration and Defense Gerald Junne L. Clariño

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EXPENDITURE ACCOUNTS

Household Final Consumption Expenditure Jumille Anne F. Gamis

Government Final Consumption Expenditure Gerald Junne L. Clariño

Capital Formation Fixed Capital

Construction Dean Joseph A. Villanueva

Durable Equipment Grant Rene C. Mesa

Breeding Stock and Orchard Development Rina A. Gorda

Intellectual Property Products Lea T. Chavez

Changes in Inventories Rina A. Gorda Exports

Exports of Goods Anthony B. Abalos Exports of Services Arline D. Dimafelix

Imports Imports of Goods Anthony B. Abalos Imports of Services Arline D. Dimafelix

Net Primary Income Lea T. Chavez

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