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Applied Economics
7%
Agriculture Sector
34% Industry Sector
Manufacturing Sector
59%
From dti.gov.ph
Base on the given statistics of dti.gov.ph, the Philippine economy posted a 6.0% growth in
the second quarter of 2018, driven by the Services sector which posted the highest share to GDP
of 58.6%, followed by Industry (34.0%), and Agriculture, Hunting, Forestry and Fishing (7.4%).
Manufacturing/Industry Sector
Textile manufactures
Wearing apparel
Miscellaneous manufactures
From psa.gov.ph
Base on the data that I have gathered, the radio, television and communication equipment and
apparatus has the highest rate or share to the GDP growth of the Manufacturing Sector. And on
the other hand, the footwear has the least amount of share the GDP Growth.
Agriculture Sector
Livestock
Agricultural Services
7% 3% 7% Banana
1%
5% Coconut
6%
4% Pineapple
2% 6% Rubber
and Other crops
5%
Poultry
5% Sugarcane
Palay
8%
41% Mango
Corn
Cassava
Coffee
From psa.gov.ph
According to the psa.gov, the Agriculture industry shared 84.0 percent to the total AHFF,
grew by 0.2 percent in the second quarter of 2018 as compared with the 8.0 percent growth in the
comparable period of 2017. Contributors to the growth in Agriculture were: Poultry, 5.1 percent;
Agricultural activities and services, 4.3 percent; Livestock, 1.8 percent; Banana, 3.7 percent;
Coconut including copra, 4.0 percent; Pineapple, 3.3 percent; Rubber, 2.9 percent; and Other
Crops, 0.1 percent. The declines in the following sectors pulled down the growth of Agriculture:
Sugarcane, 26.2 percent; Palay, 1.2 percent; Mango, 2.5 percent; Corn, 3.2 percent; Cassava, 0.7
percent; and Coffee, 4.2 percent.
Service Sector
Financial Intermidiation
8%
27% Real Estate Renting
From psa.gov.ph
As of my conclusion, among the major economic sectors in the second quarter of 2018,
Services grew the fastest at 6.6%, mainly attributed to Public Administration & Defense;
Compulsory Social Security sector which expanded by 15.0%. The Industry sector came in next,
followed by the Agriculture sector with 6.3% and 0.2%, respectively.