NSCB - 3rd Quarter 2011 National Accounts

GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT
BY TYPE OF EXPENDITURE:
3rd Quarter 2010 and 3rd Quarter 2011
AT CURRENT AND CONSTANT 2000 PRICES, IN MILLION PESOS

At Current Prices

TYPE OF EXPENDITURE	Q3 2010	Q3 2011	Growth Rate (%)

1. Household Final Consumption Expenditure	1,547,459	1,721,909	11.3
2. Government Final Consumption Expenditure	206,891	236,504	14.3

3. Capital Formation	398,361	489,963	23.0
A. Fixed Capital	447,560	450,219	0.6
1. Construction	229,882	213,365	-7.2
2. Durable Equipment	172,390	189,263	9.8
3. Breeding Stock & Orchard Dev't	36,659	38,420	4.8
4. Intellectual Property Products	8,629	9,171	6.3
B. Changes in Inventories	-49,199	39,744

4. Exports	858,822	755,286	-12.1
A. Exports of Goods	656,863	550,887	-16.1
B. Exports of Services	201,959	204,399	1.2

5. Less: Imports	824,858	867,321	5.1
A. Imports of Goods	662,482	705,080	6.4
B. Imports of Services	162,376	162,241	-0.1

6. Statistical Discrepancy	-9,140	11,901

GROSS DOMESTIC PRODUCT	2,177,534	2,348,243	7.8

Net Primary Income	743,422	740,269

GROSS NATIONAL INCOME	2,920,956	3,088,512	5.7

At Constant 2000 Prices

TYPE OF EXPENDITURE	Q3 2010	Q3 2011	Growth Rate (%)

1. Household Final Consumption Expenditure	922,575	988,007	7.1
2. Government Final Consumption Expenditure	128,518	140,582	9.4

3. Capital Formation	240,350	299,355	24.5
A. Fixed Capital	279,393	280,726	0.5
1. Construction	119,330	106,714	-10.6
2. Durable Equipment	133,371	146,533	9.9
3. Breeding Stock & Orchard Dev't	18,718	18,753	0.2
4. Intellectual Property Products	7,974	8,727	9.4
B. Changes in Inventories	-39,042	18,628

4. Exports	835,162	725,982	-13.1
A. Exports of Goods	716,269	610,105	-14.8
B. Exports of Services	118,893	115,877	-2.5

5. Less: Imports	740,657	744,412	0.5
A. Imports of Goods	607,030	610,473	0.6
B. Imports of Services	133,627	133,939	0.2

6. Statistical Discrepancy	-5,717	14,238

GROSS DOMESTIC PRODUCT	1,380,231	1,423,752	3.2

Net Primary Income	448,271	433,139

GROSS NATIONAL INCOME	1,828,502	1,856,891	1.6

Source: National Statistical Coordination Board (NSCB)

Posted: 28 November 2011.


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