National Accounts    First Quarter 2008

View Issued Quarterly National Accounts as of 1st Quarter 2008 1st Qtr. 2007

NATIONAL ACCOUNTS (In Million Pesos) Item   Year         Total       1st Qtr 2nd Qtr 3rd Qtr 4th Qtr  GNP and GDP by Industrial Origin (at Current Prices) Gross National Product 2006 6,533,774 1,499,358 1,585,937 1,590,169 1,858,310 2007 7,249,323 1,653,574 1,785,015 1,768,034 2,042,700 2008 1,860,717 1,860,717             Growth rate 2005 - 2006 11.6 13.1 11.8 11.3 10.6 2006 - 2007 10.6 10.5 10.9 10.5 10.6 2007 - 2008 12.5 12.5       Gross Domestic Product 2006 6,032,834 1,386,629 1,456,285 1,476,341 1,713,579 2007 6,648,245 1,524,077 1,618,601 1,613,788 1,891,779 2008 1,684,582 1,684,582             Growth rate 2005 - 2006 10.9 12.4 10.8 10.8 10.0 2006 - 2007 10.1 9.8 10.0 8.9 11.4 2007 - 2008 10.5 10.5           Agriculture, fishery,       and forestry 2006 852,799 206,629 183,210 201,671 261,289 2007 936,416 214,841 195,092 218,475 308,008 2008 251,709 251,709             Agriculture and fishery 2006 847,977 205,700 181,694 200,058 260,525 2007 932,282 214,026 193,772 217,170 307,314 2008 250,781 250,781             Forestry 2006 4,821 928 1,516 1,613 764 2007 4,132 814 1,320 1,305 693 2008 928             Industry sector 2006 1,913,031 434,088 457,548 475,711 545,684 2007 2,107,288 484,440 525,461 512,244 585,143 2008 516,423 516,423             Mining and quarrying 2006 75,556 16,975 21,431 20,376 16,774 2007 108,173 25,165 39,920 24,153 18,935 2008 24,935 24,935             Manufacturing 2006 1,381,172 311,221 308,494 343,831 417,626 2007 1,463,752 334,747 324,966 360,978 443,061 2008 360,040 360,040             Construction 2006 240,240 54,286 66,958 58,402 60,594 2007 304,592 68,223 94,995 70,628 70,746 2008 72,725 72,725             Electricity, gas, and water 2006 216,062 51,607 60,664 53,101 50,690 2007 230,770 56,305 65,580 56,484 52,401 2008 58,723 58,723           Service sector 2006 3,267,005 745,912 815,528 798,959 906,606 2007 3,604,543 824,796 898,048 883,070 998,629 2008 916,450 916,450 /TD>             Transportation, communication,         and storage 2006 446,224 104,994 117,059 104,329 119,842 2007 478,390 113,433 126,388 109,666 128,903 2008 122,736 122,736             Trade 2006 877,544 186,864 210,077 216,548 264,055 2007 981,102 207,861 233,358 243,371 296,512 2008 233,781 233,781             Finance 2006 311,443 73,455 79,329 75,572 83,087 2007 361,972 87,907 92,692 86,328 95,045 2008 104,671 104,671             Occupied dwellings         and real estate 2006 350,676 84,714 87,094 89,582 89,286 2007 373,972 90,536 92,715 95,971 94,750 2008 98,211 98,211             Private services 2006 830,152 192,859 204,453 206,668 226,172 2007 936,912 219,478 231,682 234,004 251,748 2008 241,070 241,070             Government services 2006 450,964 103,026 117,515 106,259 124,164 2007 472,196 105,581 121,213 113,731 131,671 2008 115,981 115,981        GNP and GDP by Industrial Origin (at Constant 1985 Prices) Gross National Product 2006 1,392,004 326,408 343,471 333,618 388,507 2007 1,502,814 350,312 377,017 363,855 411,630 2008 375,858 375,858             Growth rate 2005 - 2006 6.1 6.3 6.4 5.6 6.1 2006 - 2007 7.7 7.7 8.4 8.2 6.5 2007 - 2008 7.3 7.3       Gross Domestic Product 2006 1,276,873 299,918 313,646 307,610 355,699 2007 1,368,640 320,816 339,651 329,543 378,630 2008 337,430 337,430 337,012 329,953 381,920       Growth rate 2005 - 2006 5.5 5.7 5.5 5.1 5.5 2006 - 2007 7.2 7.1 7.5 6.6 7.4 2007 - 2008 5.2 5.2           Agriculture, fishery       and forestry 2006 239,499 60,247 53,935 53,580 71,737 2007 251,271 62,664 56,194 56,611 75,802 2008 64,521 64,521             Agriculture and fishery 2006 238,022 59,952 53,467 53,106 71,497 2007 249,948 62,388 55,765 56,221 75,574 2008 64,216 64,216             Forestry 2006 1,476 294 468 474 240 2007 1,322 276 429 390 227 2008 305 305           Industry sector 2006 415,986 95,677 105,085 102,990 112,234 2007 445,487 102,035 115,907 109,793 117,752 2008 106,061 106,061             Mining and quarrying 2006 18,812 5,068 6,170 3,655 3,919 2007 23,678 5,813 8,571 4,533 4,761 2008 6,593 6,593             Manufacturing 2006 306,837 70,755 73,643 76,000 86,439 2007 317,197 73,630 76,116 78,793 88,658 2008 75,307 75,307             Construction 2006 50,267 10,801 14,517 12,379 12,570 2007 61,866 13,140 19,882 14,588 14,256 2008 13,726 13,726             Electricity, gas and water 2006 40,069 9,053 10,754 10,956 9,306 2007 42,746 9,452 11,338 11,879 10,077 2008 10,436 10,436           Service sector 2006 621,389 143,995 154,627 151,040 171,727 2007 673,884 156,118 167,550 163,139 187,077 2008 166,848 166,848             Transportation, communication,         and storage 2006 111,412 26,219 28,630 25,509 31,054 2007 120,697 28,970 31,370 26,991 33,366 2008 30,917 30,917             Trade 2006 215,959 46,562 51,805 53,287 64,305 2007 233,774 49,931 55,741 58,144 69,958 2008 53,330 53,330             Finance 2006 71,891 17,266 18,341 17,280 19,004 2007 81,311 20,079 20,937 19,251 21,044 2008 22,661 22,661             Occupied dwellings         and real estate 2006 59,735 14,435 14,823 15,294 15,183 2007 63,235 15,235 15,718 16,335 15,947 2008 16,123 16,123             Private services 2006 107,316 25,501 26,462 26,498 28,855 2007 116,373 27,655 28,875 28,797 31,046 2008 29,067 29,067             Government services 2006 55,077 14,013 14,565 13,172 13,327 2007 56,493 14,248 14,908 13,621 13,716 2008 14,750 14,750

Source: National Statistical and Coordination Board

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Page last revised:
July 3, 2008