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Third Quarter 2011
Gross National Income &
Gross Domestic Product by Industrial Origin
 

Gross Value Added in Transport, Storage and Communication

Transportation, Storage and Communication gathers speed

Transport, Storage and Communication grew by 4.9 percent from 3.0 percent recorded last year. The expanded growth of the sector can be attributed to the robust performance of Transport and Storage which posted a growth of 8.2 percent from 4.7 percent.  Likewise, Communication accelerated by 2.8 percent from 2.0 percent.

The expanded growth of Transport and Storage can be attributed to the upswing of Storage and Services incidental to Transport by 14.8 percent from 9.2 percent.  Meanwhile, Land and Water Transports accelerated its growth by 5.8 percent from 0.5 percent and 22.7 percent from 14.1 percent, respectively.

On the other hand, Air transport pulled down the growth of Transport and Storage with a decline of 1.4 percent from 12.7 percent.

GROSS VALUE ADDED in TRANSPORT, STORAGE AND COMMUNICATION
3rd Quarter 2010 and 3rd Quarter 2011
AT CURRENT PRICES, IN MILLION PESOS

INDUSTRY/INDUSTRY GROUP Q3 2010 Q3 2011 Growth Rate (%)
       
1. TRANSPORT AND STORAGE 76,625 86,274 12.6
   a. Land 47,426 52,891 11.5
   b. Water 3,617 4,437 22.7
   c. Air 11,348 11,916 5.0
   d. Storage and services incidental to transport 14,234 17,031 19.7
       
2. COMMUNICATION 60,485 62,179 2.8
 
GROSS VALUE ADDED IN TRANSPORT, STORAGE AND COMMUNICATION 137,110 148,453 8.3

 

GROSS VALUE ADDED in TRANSPORT, STORAGE AND COMMUNICATION
3rd Quarter 2010 and 3rd Quarter 2011
AT CONSTANT 2000 PRICES, IN MILLION PESOS

INDUSTRY/INDUSTRY GROUP Q3 2010 Q3 2011 Growth Rate (%)
       
1. TRANSPORT AND STORAGE 36,458 39,464 8.2
   a. Land 20,950 22,169 5.8
   b. Water 2,370 2,907 22.7
   c. Air 4,256 4,195 -1.4
   d. Storage and services incidental to transport 8,882 10,193 14.8
 
2. COMMUNICATION 58,021 59,627 2.8
       
GROSS VALUE ADDED IN TRANSPORT, STORAGE AND COMMUNICATION 94,479 99,091 4.9

Source: National Statistical Coordination Board (NSCB)

Posted: 28 November 2011.

 

 

 

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