NATIONAL ACCOUNTS OF THE PHILIPPINES Page 1

Unit: In million pesos As of August 2014

TABLE 1A. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY EXPENDITURE SHARES
1ST QUARTER 2012 TO 1ST QUARTER 2014
AT CURRENT PRICES

-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2012 2013 2014 2012 2013
TYPE OF EXPENDITURE Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Sem I Sem II Sem I Sem II
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1. Household Final Consumption
Expenditure 1,822,169 1,927,142 1,881,260 2,207,309 ### 1,969,765 2,071,739 2,031,667 2,391,711 2,125,363 3,749,311 4,088,569 4,041,504 4,423,379 ###
2. Government Final Consumption Expenditure 244,622 322,994 291,228 286,296 ### 293,476 374,860 318,908 295,165 307,952 567,616 577,524 668,336 614,073

3. Capital Formation 384,351 443,242 472,887 611,498

### 494,302 500,001 580,524 695,753 556,467 827,593 1,084,385 994,303 1,276,276
A. Fixed Capital 476,297 521,787 498,315 572,494
### 561,081 592,689 569,190 638,950 620,039 998,085 1,070,809 1,153,770 1,208,139
1. Construction 220,398 276,080 275,388 323,310
### 306,163 334,941 294,369 318,273 312,349 496,478 598,697 641,105 612,642
2. Durable Equipment 198,638 192,771 174,719 185,006
### 197,355 204,513 226,512 257,456 252,754 391,409 359,725 401,868 483,968
3. Breeding Stock &
Orchard Dev't 45,978 44,424 39,392 51,227
### 46,274 43,995 39,388 47,935 45,142 90,402 90,619 90,269 87,323
4. Intellectual Property Products 11,282 8,513 8,816 12,951
### 11,288 9,240 8,921 15,285 9,794 19,795 21,768 20,528 24,206
B. Changes in Inventories -91,946 -78,545 -25,428 39,004
### -66,779 -92,688 11,334 56,803 -63,571 -170,491 13,576 -159,467 68,137

4. Exports 849,976 827,135 816,859 758,718

### 747,455 788,632 896,754 790,267 887,184 1,677,111 1,575,577 1,536,087 1,687,021
A. Exports of Goods 533,367 530,637 567,642 488,534
### 474,395 494,233 625,991 529,660 571,960 1,064,004 1,056,176 968,628 1,155,651
B. Exports of Services 316,609 296,498 249,217 270,184
### 273,060 294,399 270,762 260,607 315,224 613,107 519,401 567,459 531,370

5. Less : Imports 907,593 890,887 894,446 887,425

### 858,152 879,111 1,017,094 938,430 980,349 1,798,480 1,781,871 1,737,263 1,955,524
A. Imports of Goods 720,530 730,756 725,705 698,864
### 670,948 711,649 811,740 719,782 750,833 1,451,286 1,424,569 1,382,598 1,531,521
B. Imports of Services 187,063 160,132 168,741 188,561
### 187,204 167,462 205,354 218,648 229,516 347,194 357,302 354,666 424,003

6. Statistical Discrepancy 24,042 -8,590 -9,845 -5,607

### -6,376 -5,089 -12,513 23,977 -25,837 15,452 -15,452 -11,464 11,464

GROSS DOMESTIC PRODUCT 2,417,567 2,621,037 2,557,943 2,970,789

### 2,640,471 2,851,032 2,798,245 3,258,443 2,870,780 5,038,604 5,528,732 5,491,503 6,056,689

Net Primary Income 491,880 533,257 503,321 535,467

### 531,967 537,158 617,036 616,541 620,575 1,025,137 1,038,788 1,069,125 1,233,576

GROSS NATIONAL INCOME 2,909,447 3,154,294 3,061,264 3,506,256

### 3,172,438 3,388,189 3,415,281 3,874,984 3,491,355 6,063,741 6,567,520 6,560,628 7,290,265

==================================================================================================================================================
Note : Net factor income from the rest of the world now includes interest payments on public debt in its outflow
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 2
Unit: In million pesos As of August 2014

TABLE 1B. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY EXPENDITURE SHARES
1ST QUARTER 2012 TO 1ST QUARTER 2014
AT CONSTANT 2000 PRICES

-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2012 2013 2014 2012 2013
TYPE OF EXPENDITURE Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Sem I Sem II Sem I Sem II
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. Household Final Consumption

Expenditure 1,035,983 1,092,699 1,051,037 1,262,804
### 1,092,750 1,148,368 1,116,046 1,337,596 1,156,716 2,128,682 2,313,841 2,241,118 2,453,642
2. Government Final Consumption Expenditure 166,855 197,699 163,666 143,957 ### 183,505 221,676 175,065 143,394 187,012 364,554 307,623 405,181 318,459

3. Capital Formation 230,730 230,404 303,660 387,274

### 345,598 307,812 369,308 474,058 378,434 461,133 690,934 653,410 843,366
A. Fixed Capital 314,349 297,917 311,559 361,355
### 368,582 338,340 341,055 390,318 409,068 612,266 672,913 706,922 731,374
1. Construction 104,052 130,086 132,530 161,901
### 139,275 151,571 137,727 154,979 137,517 234,137 294,432 290,845 292,706
2. Durable Equipment 175,124 138,699 151,520 158,768
### 193,382 157,048 174,858 195,648 237,276 313,823 310,289 350,430 370,506
3. Breeding Stock &
Orchard Dev't 27,158 23,146 18,814 30,949
### 27,314 22,910 18,638 27,201 26,106 50,304 49,763 50,224 45,839
4. Intellectual Property Products 8,016 5,986 8,695 9,736
### 8,610 6,812 9,832 12,490 8,169 14,001 18,431 15,422 22,322
B. Changes in Inventories -83,620 -67,513 -7,899 25,919
### -22,984 -30,528 28,253 83,740 -30,634 -151,133 18,020 -53,512 111,992

4. Exports 774,451 876,504 774,433 627,750

### 692,294 808,886 870,680 647,745 785,856 1,650,955 1,402,183 1,501,180 1,518,426
A. Exports of Goods 596,778 712,361 637,825 479,530
### 543,745 649,952 725,376 509,402 620,805 1,309,138 1,117,355 1,193,697 1,234,778
B. Exports of Services 177,673 164,144 136,608 148,220
### 148,549 158,935 145,305 138,343 165,051 341,817 284,828 307,483 283,648

5. Less : Imports 711,150 804,660 765,427 726,495

### 731,320 767,709 897,583 772,710 805,272 1,515,810 1,491,922 1,499,029 1,670,294
A. Imports of Goods 555,375 673,364 626,776 559,703
### 567,298 632,387 731,331 584,591 609,824 1,228,739 1,186,479 1,199,685 1,315,922
B. Imports of Services 155,775 131,296 138,651 166,792
### 164,022 135,322 166,252 188,119 195,448 287,071 305,443 299,344 354,371

6. Statistical Discrepancy -13,205 1,639 -1,309 12,875

### 14,564 647 -1,193 -14,019 -15,188 -11,566 11,566 15,211 -15,211

GROSS DOMESTIC PRODUCT 1,483,664 1,594,285 1,526,060 1,708,165

### 1,597,391 1,719,680 1,632,322 1,816,065 1,687,558 3,077,949 3,234,225 3,317,071 3,448,387

Net Primary Income 293,452 305,557 287,629 308,786

### 309,809 301,936 344,927 346,903 356,245 599,008 596,415 611,745 691,829

GROSS NATIONAL INCOME 1,777,115 1,899,842 1,813,688 2,016,951

### 1,907,200 2,021,617 1,977,249 2,162,967 2,043,803 3,676,957 3,830,640 3,928,817 4,140,216

==================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 8
Unit: In million pesos As of August 2014

TABLE 5A. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN
1ST QUARTER 2012 TO 1ST QUARTER 2014
AT CURRENT PRICES

-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2012 2013 2014 2012 2013
INDUSTRY Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Sem I Sem II Sem I Sem II
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. AGRI., HUNTING, FORESTRY AND FISHING 301,638 287,836 288,250 372,916

### 307,855 285,701 297,039 406,229 341,721 589,474 661,166 593,556 703,268
a. Agriculture and forestry 256,413 243,579 236,922 320,074
### 258,644 239,924 243,867 355,069 293,766 499,992 556,996 498,568 598,936
b. Fishing 45,225 44,257 51,328 52,842
### 49,211 45,777 53,172 51,160 47,956 89,482 104,170 94,988 104,332

2. INDUSTRY SECTOR 782,635 801,596 753,464 962,252

### 859,930 870,740 814,286 1,048,864 909,470 1,584,232 1,715,716 1,730,670 1,863,150
a. Mining & Quarrying 31,045 38,110 26,860 25,420
### 27,785 33,483 28,671 25,521 33,150 69,155 52,280 61,268 54,192
b. Manufacturing 530,670 487,308 484,261 668,679
### 563,085 512,154 529,543 750,634 598,432 1,017,978 1,152,940 1,075,238 1,280,178
c. Construction 128,028 164,459 155,907 184,672
### 174,275 201,126 165,710 181,600 181,340 292,486 340,578 375,400 347,311
d. Electricity, Gas and Water Supply 92,892 111,720 86,437 83,482
### 94,786 123,978 90,362 91,108 96,548 204,612 169,918 218,764 181,470

3. SERVICE SECTOR 1,333,294 1,531,604 1,516,229 1,635,621

### 1,472,686 1,694,590 1,686,920 1,803,350 1,619,588 2,864,898 3,151,850 3,167,277 3,490,270
a. Transport, Storage & Communication 168,976 184,048 160,752 171,475 ### 173,609 196,391 172,912 187,111 188,996 353,024 332,227 370,000 360,023
b. Trade & Repair of Motor Vehicles,
Motorcycles, Personal & Household Goods 388,985 444,867 495,748 540,956
### 422,430 487,790 544,547 597,636 461,944 833,853 1,036,704 910,220 1,142,183
c. Financial Intermediation 177,189 208,901 183,860 193,720
### 215,834 236,267 211,283 221,752 237,413 386,090 377,579 452,101 433,035
d. R. Estate, Renting & Business Activities 278,590 311,071 312,903 318,162
### 305,379 348,853 360,987 357,358 350,594 589,661 631,065 654,232 718,344
e. Public Administration & Defense;
Compulsory Social Security 86,467 124,101 119,568 127,484
### 97,029 137,057 128,330 128,846 102,770 210,569 247,052 234,086 257,176
f. Other Services 233,087 258,615 243,399 283,824
### 258,406 288,232 268,862 310,647 277,870 491,702 527,223 546,638 579,509

GROSS DOMESTIC PRODUCT 2,417,567 2,621,037 2,557,943 2,970,789

### 2,640,471 2,851,032 2,798,245 3,258,443 2,870,780 5,038,604 5,528,732 5,491,503 6,056,689

Net Primary Income 491,880 533,257 503,321 535,467

### 531,967 537,158 617,036 616,541 620,575 1,025,137 1,038,788 1,069,125 1,233,576

GROSS NATIONAL INCOME 2,909,447 3,154,294 3,061,264 3,506,256

### 3,172,438 3,388,189 3,415,281 3,874,984 3,491,355 6,063,741 6,567,520 6,560,628 7,290,265

==================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 9
Unit: In million pesos As of August 2014

TABLE 5B. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN
1ST QUARTER 2012 TO 1ST QUARTER 2014
AT CONSTANT 2000 PRICES

-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2012 2013 2014 2012 2013
INDUSTRY Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Sem I Sem II Sem I Sem II
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. AGRI., HUNTING, FORESTRY AND FISHING 172,589 161,887 158,826 205,665

### 178,074 161,587 159,353 207,605 179,705 334,476 364,491 339,661 366,958
a. Agriculture and forestry 143,501 133,453 127,538 164,443
### 147,299 132,211 127,923 168,183 149,874 276,954 291,981 279,511 296,105
b. Fishing 29,088 28,434 31,288 41,222
### 30,774 29,376 31,430 39,422 29,831 57,522 72,510 60,150 70,852

2. INDUSTRY SECTOR 479,160 510,299 481,188 560,796

### 533,487 563,942 518,353 603,652 561,873 989,459 1,041,984 1,097,429 1,122,005
a. Mining & Quarrying 18,074 27,258 13,829 12,885
### 18,460 27,353 14,524 12,558 20,117 45,332 26,715 45,813 27,082
b. Manufacturing 342,235 338,489 323,524 391,463
### 374,755 373,357 352,194 438,607 400,764 680,724 714,987 748,111 790,801
c. Construction 67,760 89,095 86,503 104,904
### 88,850 103,908 89,479 99,419 89,069 156,855 191,407 192,759 188,898
d. Electricity, Gas and Water Supply 51,091 55,457 57,331 51,544
### 51,422 59,324 62,157 53,067 51,923 106,548 108,875 110,746 115,224

3. SERVICE SECTOR 831,914 922,099 886,046 941,705

### 885,830 994,151 954,616 1,004,808 945,980 1,754,013 1,827,751 1,879,981 1,959,424
a. Transport, Storage & Communication 121,777 128,328 108,129 123,860
### 123,446 136,861 114,908 133,871 132,935 250,105 231,989 260,307 248,779
b. Trade and Repair of Motor Vehicles,
Motorcycles, Personal
and Household Goods 228,899 250,361 276,892 299,520
### 238,463 266,146 292,347 318,546 252,844 479,259 576,412 504,609 610,892
c. Financial Intermediation 100,641 116,821 102,054 107,271
### 118,743 128,810 114,434 118,696 125,519 217,462 209,326 247,553 233,130
d. R. Estate, Renting & Business Activities 156,299 176,286 172,861 173,453
### 165,317 193,118 192,860 186,643 181,053 332,584 346,314 358,435 379,502
e. Public Administration & Defense;
Compulsory Social Security 61,891 78,198 69,572 65,209
### 65,178 82,793 73,729 63,677 69,297 140,089 134,781 147,971 137,407
f. Other Services 162,408 172,106 156,537 172,391
### 174,683 186,423 166,339 183,375 184,332 334,514 328,928 361,106 349,714

GROSS DOMESTIC PRODUCT 1,483,664 1,594,285 1,526,060 1,708,165

### 1,597,391 1,719,680 1,632,322 1,816,065 1,687,558 3,077,949 3,234,225 3,317,071 3,448,387

Net Primary Income 293,452 305,557 287,629 308,786

### 309,809 301,936 344,927 346,903 356,245 599,008 596,415 611,745 691,829

GROSS NATIONAL INCOME 1,777,115 1,899,842 1,813,688 2,016,951

### 1,907,200 2,021,617 1,977,249 2,162,967 2,043,803 3,676,957 3,830,640 3,928,817 4,140,216

==================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 3
Unit: In Percent As of August 2014

TABLE 2A. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY EXPENDITURE SHARES
1ST QUARTER 2012 TO 1ST QUARTER 2014
AT CURRENT PRICES
Percent Distribution
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2012 2013 2014 2012 2013
TYPE OF EXPENDITURE Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Sem I Sem II Sem I Sem II
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. Household Final Consumption

Expenditure 62.6 61.1 61.5 63.0
### 62.1 61.1 59.5 61.7 60.9 61.8 62.3
### 61.6 60.7
2. Government Final Consumption Expenditure 8.4 10.2 9.5 8.2
### 9.3 11.1 9.3 7.6 8.8 9.4 8.8
### 10.2 8.4

3. Capital Formation 13.2 14.1 15.4 17.4

### 15.6 14.8 17.0 18.0 15.9 13.6 16.5
### 15.2 17.5
A. Fixed Capital 16.4 16.5 16.3 16.3
### 17.7 17.5 16.7 16.5 17.8 16.5 16.3
### 17.6 16.6
1. Construction 7.6 8.8 9.0 9.2
### 9.7 9.9 8.6 8.2 8.9 8.2 9.1
### 9.8 8.4
2. Durable Equipment 6.8 6.1 5.7 5.3
### 6.2 6.0 6.6 6.6 7.2 6.5 5.5
### 6.1 6.6
3. Breeding Stock &
Orchard Dev't 1.6 1.4 1.3 1.5
### 1.5 1.3 1.2 1.2 1.3 1.5 1.4
### 1.4 1.2
4. Intellectual Property Products 0.4 0.3 0.3 0.4
### 0.4 0.3 0.3 0.4 0.3 0.3 0.3
### 0.3 0.3

4. Exports 29.2 26.2 26.7 21.6

### 23.6 23.3 26.3 20.4 25.4 27.7 24.0
### 23.4 23.1
A. Exports of Goods 18.3 16.8 18.5 13.9
### 15.0 14.6 18.3 13.7 16.4 17.5 16.1
### 14.8 15.9
B. Exports of Services 10.9 9.4 8.1 7.7
### 8.6 8.7 7.9 6.7 9.0 10.1 7.9
### 8.6 7.3

5. Less : Imports 31.2 28.2 29.2 25.3

### 27.1 25.9 29.8 24.2 28.1 29.7 27.1
### 26.5 26.8
A. Imports of Goods 24.8 23.2 23.7 19.9
### 21.1 21.0 23.8 18.6 21.5 23.9 21.7
### 21.1 21.0
B. Imports of Services 6.4 5.1 5.5 5.4
### 5.9 4.9 6.0 5.6 6.6 5.7 5.4
### 5.4 5.8

GROSS DOMESTIC PRODUCT 83.1 83.1 83.6 84.7

### 83.2 84.1 81.9 84.1 82.2 83.1 84.2
### 83.7 83.1

GROSS NATIONAL INCOME 100.0 100.0 100.0 100.0

### 100.0 100.0 100.0 100.0 100.0 100.0 100.0
### 100.0 100.0

==================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 4
Unit: In Percent As of August 2014

TABLE 2B. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY EXPENDITURE SHARES
1ST QUARTER 2012 TO 1ST QUARTER 2014
AT CONSTANT 2000 PRICES
Percent Distribution
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2012 2013 2014 2012 2013
TYPE OF EXPENDITURE Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Sem I Sem II Sem I Sem II
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. Household Final Consumption

Expenditure 58.3 57.5 58.0 62.6
### 57.3 56.8 56.4 61.8 56.6 57.9 60.4
### 57.0 59.3
2. Government Final Consumption Expenditure 9.4 10.4 9.0 7.1
### 9.6 11.0 8.9 6.6 9.2 9.9 8.0
### 10.3 7.7

3. Capital Formation 13.0 12.1 16.7 19.2

### 18.1 15.2 18.7 21.9 18.5 12.5 18.0
### 16.6 20.4
A. Fixed Capital 17.7 15.7 17.2 17.9
### 19.3 16.7 17.2 18.0 20.0 16.7 17.6
### 18.0 17.7
1. Construction 5.9 6.8 7.3 8.0
### 7.3 7.5 7.0 7.2 6.7 6.4 7.7
### 7.4 7.1
2. Durable Equipment 9.9 7.3 8.4 7.9
### 10.1 7.8 8.8 9.0 11.6 8.5 8.1
### 8.9 8.9
3. Breeding Stock &
Orchard Dev't 1.5 1.2 1.0 1.5
### 1.4 1.1 0.9 1.3 1.3 1.4 1.3
### 1.3 1.1
4. Intellectual Property Products 0.5 0.3 0.5 0.5
### 0.5 0.3 0.5 0.6 0.4 0.4 0.5
### 0.4 0.5

4. Exports 43.6 46.1 42.7 31.1

### 36.3 40.0 44.0 29.9 38.5 44.9 36.6
### 38.2 36.7
A. Exports of Goods 33.6 37.5 35.2 23.8
### 28.5 32.2 36.7 23.6 30.4 35.6 29.2
### 30.4 29.8
B. Exports of Services 10.0 8.6 7.5 7.3
### 7.8 7.9 7.3 6.4 8.1 9.3 7.4
### 7.8 6.9

5. Less : Imports 40.0 42.4 42.2 36.0

### 38.3 38.0 45.4 35.7 39.4 41.2 38.9
### 38.2 40.3
A. Imports of Goods 31.3 35.4 34.6 27.7
### 29.7 31.3 37.0 27.0 29.8 33.4 31.0
### 30.5 31.8
B. Imports of Services 8.8 6.9 7.6 8.3
### 8.6 6.7 8.4 8.7 9.6 7.8 8.0
### 7.6 8.6

GROSS DOMESTIC PRODUCT 83.5 83.9 84.1 84.7

### 83.8 85.1 82.6 84.0 82.6 83.7 84.4
### 84.4 83.3

GROSS NATIONAL INCOME 100.0 100.0 100.0 100.0

### 100.0 100.0 100.0 100.0 100.0 100.0 100.0
### 100.0 100.0

==================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 5
Unit: In Percent As of August 2014

TABLE 3A. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY EXPENDITURE SHARES
1ST QUARTER 2012 TO 1ST QUARTER 2014
AT CURRENT PRICES
Growth Rates
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12-13 13-14 12-13
TYPE OF EXPENDITURE Q1 Q2 Q3 Q4 Q1 Sem I Sem II
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. Household Final Consumption

Expenditure 8.1 7.5 8.0 8.4
### 7.9 7.8 8.2
###
2. Government Final Consumption Expenditure 20.0 16.1 9.5 3.1
### 4.9 17.7 6.3
###

3. Capital Formation 28.6 12.8 22.8 13.8

### 12.6 20.1 17.7
###
A. Fixed Capital 17.8 13.6 14.2 11.6
### 10.5 15.6 12.8
###
1. Construction 38.9 21.3 6.9 -1.6
### 2.0 29.1 2.3
###
2. Durable Equipment -0.6 6.1 29.6 39.2
### 28.1 2.7 34.5
###
3. Breeding Stock &
Orchard Dev't 0.6 -1.0 0.0 -6.4
### -2.4 -0.1 -3.6
###
4. Intellectual Property Products 0.1 8.5 1.2 18.0
### -13.2 3.7 11.2
###

4. Exports -12.1 -4.7 9.8 4.2

### 18.7 -8.4 7.1
###
A. Exports of Goods -11.1 -6.9 10.3 8.4
### 20.6 -9.0 9.4
###
B. Exports of Services -13.8 -0.7 8.6 -3.5
### 15.4 -7.4 2.3
###

5. Less : Imports -5.4 -1.3 13.7 5.7

### 14.2 -3.4 9.7
###
A. Imports of Goods -6.9 -2.6 11.9 3.0
### 11.9 -4.7 7.5
###
B. Imports of Services 0.1 4.6 21.7 16.0
### 22.6 2.2 18.7
###

GROSS DOMESTIC PRODUCT 9.2 8.8 9.4 9.7

### 8.7 9.0 9.5
###

GROSS NATIONAL INCOME 9.0 7.4 11.6 10.5

### 10.1 8.2 11.0
###

==================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 6
Unit: In Percent As of August 2014

TABLE 3B. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY EXPENDITURE SHARES
1ST QUARTER 2012 TO 1ST QUARTER 2014
AT CONSTANT 2000 PRICES
Growth Rates
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12-13 13-14 12-13
TYPE OF EXPENDITURE Q1 Q2 Q3 Q4 Q1 Sem I Sem II
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. Household Final Consumption

Expenditure 5.5 5.1 6.2 5.9
### 5.9 5.3 6.0
###
2. Government Final Consumption Expenditure 10.0 12.1 7.0 -0.4
### 1.9 11.1 3.5
###

3. Capital Formation 49.8 33.6 21.6 22.4

### 9.5 41.7 22.1
###
A. Fixed Capital 17.3 13.6 9.5 8.0
### 11.0 15.5 8.7
###
1. Construction 33.9 16.5 3.9 -4.3
### -1.3 24.2 -0.6
###
2. Durable Equipment 10.4 13.2 15.4 23.2
### 22.7 11.7 19.4
###
3. Breeding Stock &
Orchard Dev't 0.6 -1.0 -0.9 -12.1
### -4.4 -0.2 -7.9
###
4. Intellectual Property Products 7.4 13.8 13.1 28.3
### -5.1 10.1 21.1
###

4. Exports -10.6 -7.7 12.4 3.2

### 13.5 -9.1 8.3
###
A. Exports of Goods -8.9 -8.8 13.7 6.2
### 14.2 -8.8 10.5
###
B. Exports of Services -16.4 -3.2 6.4 -6.7
### 11.1 -10.0 -0.4
###

5. Less : Imports 2.8 -4.6 17.3 6.4

### 10.1 -1.1 12.0
###
A. Imports of Goods 2.1 -6.1 16.7 4.4
### 7.5 -2.4 10.9
###
B. Imports of Services 5.3 3.1 19.9 12.8
### 19.2 4.3 16.0
###

GROSS DOMESTIC PRODUCT 7.7 7.9 7.0 6.3

### 5.6 7.8 6.6
###

GROSS NATIONAL INCOME 7.3 6.4 9.0 7.2

### 7.2 6.8 8.1
###

==================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 7
Base Year: 2000 As of August 2014

TABLE 4. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY EXPENDITURE SHARES
1ST QUARTER 2012 TO 1ST QUARTER 2014
Implicit Price Index

-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2012 2013 2014 2012 2013
TYPE OF EXPENDITURE Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Sem I Sem II Sem I Sem II
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. Household Final Consumption

Expenditure 175.9 176.4 179.0 174.8
### 180.3 180.4 182.0 178.8 183.7 176.1 176.7
### 180.3 180.3
2. Government Final Consumption Expenditure 146.6 163.4 177.9 198.9
### 159.9 169.1 182.2 205.8 164.7 155.7 187.7
### 164.9 192.8

3. Capital Formation 166.6 192.4 155.7 157.9

### 143.0 162.4 157.2 146.8 147.0 179.5 156.9
### 152.2 151.3
A. Fixed Capital 151.5 175.1 159.9 158.4
### 152.2 175.2 166.9 163.7 151.6 163.0 159.1
### 163.2 165.2
1. Construction 211.8 212.2 207.8 199.7
### 219.8 221.0 213.7 205.4 227.1 212.0 203.3
### 220.4 209.3
2. Durable Equipment 113.4 139.0 115.3 116.5
### 102.1 130.2 129.5 131.6 106.5 124.7 115.9
### 114.7 130.6
3. Breeding Stock &
Orchard Dev't 169.3 191.9 209.4 165.5
### 169.4 192.0 211.3 176.2 172.9 179.7 182.1
### 179.7 190.5
4. Intellectual Property Products 140.8 142.2 101.4 133.0
### 131.1 135.6 90.7 122.4 119.9 141.4 118.1
### 133.1 108.4

4. Exports 109.8 94.4 105.5 120.9

### 108.0 97.5 103.0 122.0 112.9 101.6 112.4
### 102.3 111.1
A. Exports of Goods 89.4 74.5 89.0 101.9
### 87.2 76.0 86.3 104.0 92.1 81.3 94.5
### 81.1 93.6
B. Exports of Services 178.2 180.6 182.4 182.3
### 183.8 185.2 186.3 188.4 191.0 179.4 182.4
### 184.5 187.3

5. Less : Imports 127.6 110.7 116.9 122.2

### 117.3 114.5 113.3 121.4 121.7 118.6 119.4
### 115.9 117.1
A. Imports of Goods 129.7 108.5 115.8 124.9
### 118.3 112.5 111.0 123.1 123.1 118.1 120.1
### 115.2 116.4
B. Imports of Services 120.1 122.0 121.7 113.1
### 114.1 123.8 123.5 116.2 117.4 120.9 117.0
### 118.5 119.6

GROSS DOMESTIC PRODUCT 162.9 164.4 167.6 173.9

### 165.3 165.8 171.4 179.4 170.1 163.7 170.9
### 165.6 175.6

GROSS NATIONAL INCOME 163.7 166.0 168.8 173.8

### 166.3 167.6 172.7 179.2 170.8 164.9 171.4
### 167.0 176.1

==================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 10
Unit: In Percent As of August 2014

TABLE 6A. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN
1ST QUARTER 2012 TO 1ST QUARTER 2014
AT CURRENT PRICES
Percent Distribution
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2012 2013 2014 2012 2013
INDUSTRY Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Sem I Sem II Sem I Sem II
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. AGRI., HUNTING, FORESTRY AND FISHING 10.4 9.1 9.4 10.6

### 9.7 8.4 8.7 10.5 9.8 9.7 10.1
### 9.0 9.6
a. Agriculture and forestry 8.8 7.7 7.7 9.1
### 8.2 7.1 7.1 9.2 8.4 8.2 8.5
### 7.6 8.2
b. Fishing 1.6 1.4 1.7 1.5
### 1.6 1.4 1.6 1.3 1.4 1.5 1.6
### 1.4 1.4

2. INDUSTRY SECTOR 26.9 25.4 24.6 27.4

### 27.1 25.7 23.8 27.1 26.0 26.1 26.1
### 26.4 25.6
a. Mining & Quarrying 1.1 1.2 0.9 0.7
### 0.9 1.0 0.8 0.7 0.9 1.1 0.8
### 0.9 0.7
b. Manufacturing 18.2 15.4 15.8 19.1
### 17.7 15.1 15.5 19.4 17.1 16.8 17.6
### 16.4 17.6
c. Construction 4.4 5.2 5.1 5.3
### 5.5 5.9 4.9 4.7 5.2 4.8 5.2
### 5.7 4.8
d. Electricity, Gas and Water Supply 3.2 3.5 2.8 2.4
### 3.0 3.7 2.6 2.4 2.8 3.4 2.6
### 3.3 2.5

3. SERVICE SECTOR 45.8 48.6 49.5 46.6

### 46.4 50.0 49.4 46.5 46.4 47.2 48.0
### 48.3 47.9
a. Transport, Storage & Communication 5.8 5.8 5.3 4.9
### 5.5 5.8 5.1 4.8 5.4 5.8 5.1
### 5.6 4.9

b. Trade and Repair of Motor Vehicles,

Motorcycles, Personal and
Household Goods 13.4 14.1 16.2 15.4
### 13.3 14.4 15.9 15.4 13.2 13.8 15.8
### 13.9 15.7
c. Financial Intermediation 6.1 6.6 6.0 5.5
### 6.8 7.0 6.2 5.7 6.8 6.4 5.7
### 6.9 5.9
d. R. Estate, Renting & Business Activities 9.6 9.9 10.2 9.1
### 9.6 10.3 10.6 9.2 10.0 9.7 9.6
### 10.0 9.9
e. Public Administration & Defense;
Compulsory Social Security 3.0 3.9 3.9 3.6
### 3.1 4.0 3.8 3.3 2.9 3.5 3.8
### 3.6 3.5
f. Other Services 8.0 8.2 8.0 8.1
### 8.1 8.5 7.9 8.0 8.0 8.1 8.0
### 8.3 7.9

GROSS DOMESTIC PRODUCT 83.1 83.1 83.6 84.7

### 83.2 84.1 81.9 84.1 82.2 83.1 84.2
### 83.7 83.1

GROSS NATIONAL INCOME 100.0 100.0 100.0 100.0

### 100.0 100.0 100.0 100.0 100.0 100.0 100.0
### 100.0 100.0

==================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 11
Unit: In Percent As of August 2014

TABLE 6B. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN
1ST QUARTER 2012 TO 1ST QUARTER 2014
AT CONSTANT 2000 PRICES
Percent Distribution
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2012 2013 2014 2012 2013
INDUSTRY Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Sem I Sem II Sem I Sem II
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. AGRI., HUNTING, FORESTRY AND FISHING 9.7 8.5 8.8 10.2

### 9.3 8.0 8.1 9.6 8.8 9.1 9.5
### 8.6 8.9
a. Agriculture and forestry 8.1 7.0 7.0 8.2
### 7.7 6.5 6.5 7.8 7.3 7.5 7.6
### 7.1 7.2
b. Fishing 1.6 1.5 1.7 2.0
### 1.6 1.5 1.6 1.8 1.5 1.6 1.9
### 1.5 1.7

2. INDUSTRY SECTOR 27.0 26.9 26.5 27.8

### 28.0 27.9 26.2 27.9 27.5 26.9 27.2
### 27.9 27.1
a. Mining & Quarrying 1.0 1.4 0.8 0.6
### 1.0 1.4 0.7 0.6 1.0 1.2 0.7
### 1.2 0.7
b. Manufacturing 19.3 17.8 17.8 19.4
### 19.6 18.5 17.8 20.3 19.6 18.5 18.7
### 19.0 19.1
c. Construction 3.8 4.7 4.8 5.2
### 4.7 5.1 4.5 4.6 4.4 4.3 5.0
### 4.9 4.6
d. Electricity, Gas and Water Supply 2.9 2.9 3.2 2.6
### 2.7 2.9 3.1 2.5 2.5 2.9 2.8
### 2.8 2.8

3. SERVICE SECTOR 46.8 48.5 48.9 46.7

### 46.4 49.2 48.3 46.5 46.3 47.7 47.7
### 47.9 47.3
a. Transport, Storage & Communication 6.9 6.8 6.0 6.1
### 6.5 6.8 5.8 6.2 6.5 6.8 6.1
### 6.6 6.0
b. Trade and Repair of Motor Vehicles,
Motorcycles, Personal and
Household Goods 12.9 13.2 15.3 14.9
### 12.5 13.2 14.8 14.7 12.4 13.0 15.0
### 12.8 14.8
c. Financial Intermediation 5.7 6.1 5.6 5.3
### 6.2 6.4 5.8 5.5 6.1 5.9 5.5
### 6.3 5.6
d. R. Estate, Renting & Business Activities 8.8 9.3 9.5 8.6
### 8.7 9.6 9.8 8.6 8.9 9.0 9.0
### 9.1 9.2
e. Public Administration & Defense;
Compulsory Social Security 3.5 4.1 3.8 3.2
### 3.4 4.1 3.7 2.9 3.4 3.8 3.5
### 3.8 3.3
f. Other Services 9.1 9.1 8.6 8.5
### 9.2 9.2 8.4 8.5 9.0 9.1 8.6
### 9.2 8.4

GROSS DOMESTIC PRODUCT 83.5 83.9 84.1 84.7

### 83.8 85.1 82.6 84.0 82.6 83.7 84.4
### 84.4 83.3

GROSS NATIONAL INCOME 100.0 100.0 100.0 100.0

### 100.0 100.0 100.0 100.0 100.0 100.0 100.0
### 100.0 100.0

==================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 12
Unit: In Percent As of August 2014

TABLE 7A. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN
1ST QUARTER 2012 TO 1ST QUARTER 2014
AT CURRENT PRICES
Growth Rates
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12-13 13-14 12-13
INDUSTRY Q1 Q2 Q3 Q4 Q1 Sem I Sem II
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. AGRI., HUNTING, FORESTRY AND FISHING 2.1 -0.7 3.0 8.9

### 11.0 0.7 6.4
###
a. Agriculture and forestry 0.9 -1.5 2.9 10.9
### 13.6 -0.3 7.5
###
b. Fishing 8.8 3.4 3.6 -3.2
### -2.6 6.2 0.2
###

2. INDUSTRY SECTOR 9.9 8.6 8.1 9.0

### 5.8 9.2 8.6
###
a. Mining & Quarrying -10.5 -12.1 6.7 0.4
### 19.3 -11.4 3.7
###
b. Manufacturing 6.1 5.1 9.4 12.3
### 6.3 5.6 11.0
###
c. Construction 36.1 22.3 6.3 -1.7
### 4.1 28.3 2.0
###
d. Electricity, Gas and Water Supply 2.0 11.0 4.5 9.1
### 1.9 6.9 6.8
###

3. SERVICE SECTOR 10.5 10.6 11.3 10.3

### 10.0 10.6 10.7
###
a. Transport, Storage & Communication 2.7 6.7 7.6 9.1
### 8.9 4.8 8.4
###
b. Trade and Repair of Motor Vehicles,
Motorcycles, Personal and
Household Goods 8.6 9.6 9.8 10.5
### 9.4 9.2 10.2
###
c. Financial Intermediation 21.8 13.1 14.9 14.5
### 10.0 17.1 14.7
###
d. R. Estate, Renting & Business Activities 9.6 12.1 15.4 12.3
### 14.8 11.0 13.8
###
e. Public Administration & Defense;
Compulsory Social Security 12.2 10.4 7.3 1.1
### 5.9 11.2 4.1
###
f. Other Services 10.9 11.5 10.5 9.5
### 7.5 11.2 9.9
###

GROSS DOMESTIC PRODUCT 9.2 8.8 9.4 9.7

### 8.7 9.0 9.5
###

GROSS NATIONAL INCOME 9.0 7.4 11.6 10.5

### 10.1 8.2 11.0
###

==================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 13
Unit: In Percent As of August 2014

TABLE 7B. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN
1ST QUARTER 2012 TO 1ST QUARTER 2014
AT CONSTANT 2000 PRICES
Growth Rates
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12-13 13-14 12-13
INDUSTRY Q1 Q2 Q3 Q4 Q1 Sem I Sem II
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. AGRI., HUNTING, FORESTRY AND FISHING 3.2 -0.2 0.3 0.9

### 0.9 1.6 0.7
###
a. Agriculture and forestry 2.6 -0.9 0.3 2.3
### 1.7 0.9 1.4
###
b. Fishing 5.8 3.3 0.5 -4.4
### -3.1 4.6 -2.3
###

2. INDUSTRY SECTOR 11.3 10.5 7.7 7.6

### 5.3 10.9 7.7
###
a. Mining & Quarrying 2.1 0.3 5.0 -2.5
### 9.0 1.1 1.4
###
b. Manufacturing 9.5 10.3 8.9 12.0
### 6.9 9.9 10.6
###
c. Construction 31.1 16.6 3.4 -5.2
### 0.2 22.9 -1.3
###
d. Electricity, Gas and Water Supply 0.6 7.0 8.4 3.0
### 1.0 3.9 5.8
###

3. SERVICE SECTOR 6.5 7.8 7.7 6.7

### 6.8 7.2 7.2
###
a. Transport, Storage & Communication 1.4 6.6 6.3 8.1
### 7.7 4.1 7.2
###
b. Trade and Repair of Motor Vehicles,
Motorcycles, Personal and
Household Goods 4.2 6.3 5.6 6.4
### 6.0 5.3 6.0
###
c. Financial Intermediation 18.0 10.3 12.1 10.7
### 5.7 13.8 11.4
###
d. R. Estate, Renting & Business Activities 5.8 9.5 11.6 7.6
### 9.5 7.8 9.6
###
e. Public Administration & Defense;
Compulsory Social Security 5.3 5.9 6.0 -2.3
### 6.3 5.6 1.9
###
f. Other Services 7.6 8.3 6.3 6.4
### 5.5 7.9 6.3
###

GROSS DOMESTIC PRODUCT 7.7 7.9 7.0 6.3

### 5.6 7.8 6.6
###

GROSS NATIONAL INCOME 7.3 6.4 9.0 7.2

### 7.2 6.8 8.1
###

==================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES
Base Year: 2000 Page 14
As of August 2014
TABLE 8. GROSS NATIONAL INCOME AND GROSS DOMESTIC PRODUCT BY INDUSTRIAL ORIGIN
1ST QUARTER 2012 TO 1ST QUARTER 2014
Implicit Price Index

-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2012 2013 2014 2012 2013
INDUSTRY Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Sem I Sem II Sem I Sem II
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. AGRI., HUNTING, FORESTRY AND FISHING 174.8 177.8 181.5 181.3

### 172.9 176.8 186.4 195.7 190.2 176.2 181.4
### 174.7 191.6
a. Agriculture and forestry 178.7 182.5 185.8 194.6
### 175.6 181.5 190.6 211.1 196.0 180.5 190.8
### 178.4 202.3
b. Fishing 155.5 155.6 164.1 128.2
### 159.9 155.8 169.2 129.8 160.8 155.6 143.7
### 157.9 147.3

2. INDUSTRY SECTOR 163.3 157.1 156.6 171.6

### 161.2 154.4 157.1 173.8 161.9 160.1 164.7
### 157.7 166.1
a. Mining & Quarrying 171.8 139.8 194.2 197.3
### 150.5 122.4 197.4 203.2 164.8 152.6 195.7
### 133.7 200.1
b. Manufacturing 155.1 144.0 149.7 170.8
### 150.3 137.2 150.4 171.1 149.3 149.5 161.3
### 143.7 161.9
c. Construction 188.9 184.6 180.2 176.0
### 196.1 193.6 185.2 182.7 203.6 186.5 177.9
### 194.8 183.9
d. Electricity, Gas and Water Supply 181.8 201.5 150.8 162.0
### 184.3 209.0 145.4 171.7 185.9 192.0 156.1
### 197.5 157.5

3. SERVICE SECTOR 160.3 166.1 171.1 173.7

### 166.2 170.5 176.7 179.5 171.2 163.3 172.4
### 168.5 178.1
a. Transport, Storage & Communication 138.8 143.4 148.7 138.4
### 140.6 143.5 150.5 139.8 142.2 141.1 143.2
### 142.1 144.7
b. Trade and Repair of Motor Vehicles,
Motorcycles, Personal and
Household Goods 169.9 177.7 179.0 180.6
### 177.1 183.3 186.3 187.6 182.7 174.0 179.9
### 180.4 187.0
c. Financial Intermediation 176.1 178.8 180.2 180.6
### 181.8 183.4 184.6 186.8 189.1 177.5 180.4
### 182.6 185.7
d. R. Estate, Renting & Business Activities 178.2 176.5 181.0 183.4
### 184.7 180.6 187.2 191.5 193.6 177.3 182.2
### 182.5 189.3
e. Public Administration & Defense;
Compulsory Social Security 139.7 158.7 171.9 195.5
### 148.9 165.5 174.1 202.3 148.3 150.3 183.3
### 158.2 187.2
f. Other Services 143.5 150.3 155.5 164.6
### 147.9 154.6 161.6 169.4 150.7 147.0 160.3
### 151.4 165.7

GROSS DOMESTIC PRODUCT 162.9 164.4 167.6 173.9

### 165.3 165.8 171.4 179.4 170.1 163.7 170.9
### 165.6 175.6

GROSS NATIONAL INCOME 163.7 166.0 168.8 173.8

### 166.3 167.6 172.7 179.2 170.8 164.9 171.4
### 167.0 176.1

==================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 17
Unit: In million pesos As of August 2014

TABLE 9C. NET PRIMARY INCOME FROM THE REST OF THE WORLD
1ST QUARTER 2012 TO 1ST QUARTER 2014
AT CURRENT PRICES
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2012 2013 2014 2012 2013
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Sem I Sem II Sem I Sem II
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NET PRIMARY INCOME 491,880 533,257 503,321 535,467 ### 531,967 537,158 617,036 616,541 620,575 1,025,137 1,038,788 1,069,125 1,233,576

INFLOW
Compensation 573,579 588,375 580,495 584,751
### 603,346 628,157 683,921 689,604 699,795 1,161,954 1,165,246 1,231,503 1,373,525
Property Income 18,733 18,851 17,652 17,942
### 10,744 9,979 9,683 10,666 12,631 37,584 35,594 20,723 20,349
TOTAL 592,312 607,226 598,148 602,692
### 614,090 638,136 693,604 700,271 712,425 1,199,539 1,200,840 1,252,226 1,393,874

OUTFLOW
Compensation 0 0 0 ###
0 0 0 0 0 0 0 0 0 0
Property Expense 100,433 73,969 94,826 67,225
### 82,123 100,978 76,568 83,730 91,850 174,402 162,051 183,101 160,298
TOTAL 100,433 73,969 94,826 67,225
### 82,123 100,978 76,568 83,730 91,850 174,402 162,051 183,101 160,298
==================================================================================================================================================
Source: Philippine Statistics Authority

NATIONAL ACCOUNTS OF THE PHILIPPINES

Unit: In million pesos

TABLE 9D. NET PRIMARY INCOME FROM THE REST OF THE WORLD
1ST QUARTER 2012 TO 1ST QUARTER 2014
AT CONSTANT 2000 PRICES
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2012 2013 2014 2012 2013
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Sem I Sem II Sem I Sem II
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NET PRIMARY INCOME 293,452 305,557 287,629 308,786 309,809 301,936 344,927 346,903 356,245 599,008 596,415 611,745 691,829
INFLOW
Compensation 342,193 337,139 331,731 337,206
### 351,378 353,087 382,316 388,013 401,721 679,332 668,937 704,465 770,328
Property Income 11,176 10,802 10,088 10,346
### 6,257 5,609 5,413 6,002 7,251 21,978 20,434 11,866 11,414
TOTAL 353,369 347,941 341,818 347,552
### 357,636 358,696 387,728 394,014 408,972 701,310 689,371 716,332 781,743

OUTFLOW
Compensation 0 0 0 ###
0 0 0 0 0 0 0 0 0 0
Property Expense 59,917 42,384 54,190 38,766
### 47,827 56,760 42,802 47,111 52,727 102,302 92,956 104,587 89,913
TOTAL 59,917 42,384 54,190 38,766
### 47,827 56,760 42,802 47,111 52,727 102,302 92,956 104,587 89,913

==================================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 18
Unit: In Percent As of August 2014

TABLE 9E. NET PRIMARY INCOME FROM THE REST OF THE WORLD
AT CURRENT PRICES
Growth Rates
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12-13 13-14 12-13
Q1 Q2 Q3 Q4 Q1 Sem I Sem II
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Net Primary Income from the rest of the world 8.1 0.7 22.6 15.1
### 16.7 4.3 18.8

INFLOW
Compensation 5.2 6.8 17.8 17.9
### 16.0 6.0 17.9
Property Income -42.6 -47.1 -45.1 -40.5
### 17.6 -44.9 -42.8
TOTAL 3.7 5.1 16.0 16.2
### 16.0 4.4 16.1

OUTFLOW
Compensation - - - - - - -
Property Expense -18.2 36.5 -19.3 24.6
### 11.8 5.0 -1.1
TOTAL -18.2 36.5 -19.3 24.6
### 11.8 5.0 -1.1
==================================================================================================================================
Source: Philippine Statistics Authority

NATIONAL ACCOUNTS OF THE PHILIPPINES

Unit: In Percent

TABLE 9F. NET PRIMARY INCOME FROM THE REST OF THE WORLD
AT CONSTANT 2000 PRICES
Growth Rates
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12-13 13-14 12-13
Q1 Q2 Q3 Q4 Q1 Sem I Sem II
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Net Primary Income from the rest of the world 5.6 -1.2 19.9 12.3
### 15.0 2.1 16.0

INFLOW
Compensation 2.7 4.7 15.2 15.1
### 14.3 3.7 15.2
Property Income -44.0 -48.1 -46.3 -42.0
### 15.9 -46.0 -44.1
TOTAL 1.2 3.1 13.4 13.4
### 14.4 2.1 13.4
OUTFLOW
Compensation - - - - - - -
Property Expense -20.2 33.9 -21.0 21.5
### 10.2 2.2 -3.3
TOTAL -20.2 33.9 -21.0 21.5
### 10.2 2.2 -3.3
==================================================================================================================================
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 15
Unit: In Pesos As of August 2014

TABLE 9A. PER CAPITA: GROSS DOMESTIC PRODUCT, GROSS NATIONAL INCOME,
HOUSEHOLD FINAL CONSUMPTION EXPENDITURE
1ST QUARTER 2012 TO 1ST QUARTER 2014

-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
2012 2013 2014 2012 2013
TYPE OF EXPENDITURE Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Sem I Sem II Sem I Sem II
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

A. Estimates in current pesos

1. PER CAPITA GROSS DOMESTIC PRODUCT 25,217 27,220 26,449 30,584

### 27,066 29,099 28,437 32,973 28,927 52,326 56,918
### 56,048 61,289
2. PER CAPITA GROSS NATIONAL INCOME 30,347 32,757 31,653 36,097
### 32,519 34,581 34,708 39,212 35,180 62,972 67,612
### 66,960 73,772
3. PER CAPITA HOUSEHOLD FINAL
CONSUMPTION EXPENDITURE 19,006 20,013 19,452 22,724
### 20,191 21,145 20,647 24,202 21,416 38,937 42,092
### 41,249 44,761

B. Estimates in constant (2000) pesos

1. PER CAPITA GROSS DOMESTIC PRODUCT 15,476 16,557 15,779 17,585

### 16,374 17,552 16,589 18,377 17,004 31,965 33,296
### 33,855 34,895
2. PER CAPITA GROSS NATIONAL INCOME 18,536 19,730 18,753 20,764
### 19,550 20,633 20,094 21,888 20,594 38,185 39,436
### 40,099 41,896
3. PER CAPITA HOUSEHOLD FINAL
CONSUMPTION EXPENDITURE 10,806 11,348 10,867 13,000
### 11,201 11,721 11,342 13,535 11,655 22,106 23,821
### 22,874 24,829

C. Population* 95.9 96.3 96.7 97.1

### 97.6 98.0 98.4 98.8 99.2 96.3 97.1 98.0 98.8
(million persons)

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* The annual and quarterly population estimates were computed based on the 2010, 2015, and 2020 official 2010 Census-based population projections using the Waring-Lagrange polynomial
interpolation.
Source: Philippine Statistics Authority
NATIONAL ACCOUNTS OF THE PHILIPPINES Page 16
Unit: In Percent As of August 2014

TABLE 9B. PER CAPITA: GROSS DOMESTIC PRODUCT, GROSS NATIONAL INCOME,
HOUSEHOLD FINAL CONSUMPTION EXPENDITURE
1ST QUARTER 2012 TO 1ST QUARTER 2014
Growth Rates
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
12-13 13-14 12-13
TYPE OF EXPENDITURE Q1 Q2 Q3 Q4 Q1 Sem I Sem II
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

A. Estimates in current pesos

1. PER CAPITA GROSS DOMESTIC PRODUCT 7.3 6.9 7.5 7.8

### 6.9 7.1 7.7
2. PER CAPITA GROSS NATIONAL INCOME 7.2 5.6 9.7 8.6
### 8.2 6.3 9.1
3. PER CAPITA HOUSEHOLD FINAL
CONSUMPTION EXPENDITURE 6.2 5.7 6.1 6.5
### 6.1 5.9 6.3

B. Estimates in constant (2000) pesos

1. PER CAPITA GROSS DOMESTIC PRODUCT 5.8 6.0 5.1 4.5

### 3.8 5.9 4.8
2. PER CAPITA GROSS NATIONAL INCOME 5.5 4.6 7.1 5.4
### 5.3 5.0 6.2
3. PER CAPITA HOUSEHOLD FINAL
CONSUMPTION EXPENDITURE 3.7 3.3 4.4 4.1
### 4.1 3.5 4.2

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Source: Philippine Statistics Authority