A Monthly Update of the Philippine Statistics Authority

REPUBLIC OF THE PHILIPPINES National Quickstat

PHILIPPINE STATISTICS AUTHORITY March 2021

INDICATOR REFERENCE PERIOD and DATA

PRICE INDICES (Source: PSA)
Consumer Price Index (2012 = 100) Average 2020 February 2021 January 2021 February 2020
Philippines 123.3 128.1 127.8 122.4
National Capital Region (NCR) 120.6 124.4 125.0 119.5
Areas Outside NCR 124.1 129.2 128.6 123.3
Inflation rate (Headline)
Philippines 2.6 4.7 4.2 2.6
National Capital Region (NCR) 2.2 4.1 4.3 2.0
Areas Outside NCR 2.7 4.8 4.2 2.8
Purchasing power of the peso 0.81 0.78 0.78 0.82
Average 2020 February 2021 January 2021 February 2020
Retail Price Index of Selected Construction Materials in NCR (2012 = 100) 112.8 113.7 113.5 112.5
Wholesale Price Index for Construction Materials in NCR (2012 = 100) 119.1 121.1 p
120.5 118.7
Average 2020 January 2021 December 2020 January 2020
General Wholesale Price Index in the Philippines (2012 = 100) 116.8 118.5 p 118.4 116.1
General Retail Price Index in NCR (2012 = 100) 114.4 115.8 115.3 114.3
Producer Price Index for Manufacturing (2018 = 100) 93.1 r
91.1 p
92.6 r
96.1 r

FOREIGN TRADE (FOB value in million US dollars) Source: PSA Total 2020 January 2021 December 2020 January 2020
Total foreign trade 149,567 r
13,401 p
13,850 p
15,082 r

Imports 85,687 r
7,911 p
7,999 p
9,293 r

Exports 63,879 r
5,490 p
5,850 p
5,789 r

Balance of trade (21,808) r

(2,421) p
(2,149) p
(3,504) r

Top traders:
1 China, People's Republic of 2,731 2,726 3,056
2 Japan (includes Okinawa) 1,474 1,573 1,742
3 USA (includes Alaska and Hawaii) 1,373 1,479 1,552
Top imports:
1 Electronic products 2,344 p
2,289 p
2,363 r

2 Mineral fuels, lubricants and related materials 682 p

644 p
1,026 r

3 Transport equipment 565 p

677 p
893 r

Top exports:
1 Electronic products 3,244 p
3,611 p
3,234 r

2 Other manufactured goods 293 p

279 p
336 r

3 Ignition Wiring Set and Other Wiring Sets Used in Vehicles, Aircrafts and Ships 225 p
215 p
198 r

MONTHLY INTEGRATED SURVEY OF SELECTED INDUSTRIES (Source: PSA) January 2021 p

December 2020 r January 2020 r

Value of production index (2018 = 100) 76.6 75.2 97.1

Gainers over last year (%)
Manufacture of paper and paper products 14.5 15.4 (9.2)
Manufacture of electrical equipment 13.8 (3.3) (13.2)
Manufacture of transport equipment 5.5 12.8 (17.1)
Losers over last year (%)
Manufacture of wood, bamboo, cane, rattan articles and related products (53.5) (61.3) (39.4)
Manufacture of coke and refined petroleum products (53.1) (47.3) (12.6)
Manufacture of machinery and equipment except electrical (51.0) (48.1) 40.1
Volume of production index (2018 = 100) 84.1 81.1 101.0
Gainers over last year (%)
Manufacture of paper and paper products 22.1 21.9 (8.1)
Manufacture of electrical equipment 17.2 (0.6) (13.1)
Manufacture of transport equipment 7.1 16.8 (10.4)
Losers over last year (%)
Manufacture of wood, bamboo, cane, rattan articles and related products (53.4) (61.3) (34.4)
Manufacture of machinery and equipment except electrical (48.9) (47.1) 41.6
Manufacture of tobacco products (42.6) (45.0) (18.0)
Value of net sales index (2018 = 100) 87.9 88.6 102.0
Gainers over last year (%)
Manufacture of wood, bamboo, cane, rattan articles and related products 45.0 (39.0) (38.6)
Printing and reproduction of recorded media 39.0 (1.9) 36.8
Manufacture of transport equipment 11.8 18.8 (16.0)
Losers over last year (%)
Manufacture of machinery and equipment except electrical (41.0) (40.4) 6.7
Manufacture of tobacco products (38.0) (35.1) 20.7
Manufacture of non-metallic mineral products (36.3) (33.0) (3.4)
Volume of net sales index (2018 = 100) 96.5 95.7 106.1
Gainers over last year (%)
Manufacture of wood, bamboo, cane, rattan articles and related products 45.3 (39.1) (33.6)
Printing and reproduction of recorded media 39.6 (5.8) 30.7
Manufacture of transport equipment 13.6 23.1 (9.3)
Losers over last year (%)
Manufacture of tobacco products (40.1) (36.0) 13.8
Manufacture of machinery and equipment except electrical (38.5) (39.2) 7.8
Manufacture of non-metallic mineral products (35.1) (32.6) (2.5)
Capacity utilization (%) 46.1 49.1 72.6

DOMESTIC TRADE (Quantity in tons; value in thousand pesos) Source: PSA 4th Qtr. 2020 p
3rd Qtr. 2020 R
4th Qtr. 2019 R

Total domestic trade

Quantity 3,174,377 3,812,656 5,185,497
Value 82,185,306 167,248,325 176,837,448
Water
Quantity 3,171,110 3,810,230 5,177,257
Value 82,153,497 167,203,532 176,598,482
Air
Quantity 3,267 2,426 8,240
Value 31,809 44,793 238,966
Continued
National Quickstat – March 2021 (Phase 2) … continued Page 2 of 5

OFW REMITTANCES (Source: BSP) Total 2020 p

January 2021 December 2020 January 2020
Total (In thousand US dollars)
1/
29,903,256 2,602,547 2,890,413 2,648,019
Land-based 23,549,734 2,044,208 2,297,181 2,095,045
Sea-based 6,353,522 558,339 593,232 552,973
NUMBER of OVERSEAS FILIPINO WORKERS (Source: PSA) 2019 2018 2017
Both sexes (In thousands) 2,202 2,299 2,339
Male 969 1,016 1,084
Female 1,233 1,284 1,255
GOVERNMENT CASH OPERATIONS (In million pesos) Source: BOT January 2021 December 2020 January 2020
Revenues 260,732 238,548 294,638
Expenditures 274,792 541,138 271,593
Surplus/(Deficit) (14,060) (302,590) 23,045
MONEY and BANKING (Source: BSP) Average 2020 February 2021 January 2021 February 2020
Exchange rate: Dollar to Peso (Monthly average) 49.6241 48.2042 48.0614 50.7448
January 2021 December 2020 January 2020
p p,r
Total Resources of the Financial System 2/ (In billion pesos) 23,853 24,093 22,731 r

February 2020 January 2020 February 2019

Peso time deposit interest rate (all maturities) 1.836 2.164 4.882
December 2019 November 2019 December 2018
Peso savings deposit rate (WAIR in percent per annum) 0.974 0.999 1.196
Bank lending rates (WAIR in percent per annum) 6.542 6.767 7.024
STOCKS and SHARES (Source: PSE) February 2021 January 2021 February 2020
Philippine Stock Exchange index (PSEi) 6,795 6,613 6,788
Volume traded (In million shares) 476,342 1,426,643 27,847
Value of shares traded (In million pesos) 222,232 220,848 132,561
TRANSPORTATION (Source: LTO) 2020 2019 2018
Registered motor vehicles3/ 11,185,192 12,725,305 11,595,434
New 2,293,839 2,972,654 2,734,755
Renewal 9,557,353 9,752,651 8,860,679
Licenses/Permits issued by type (new + renewal) 3,045,117 6,991,339 7,436,731
Student permit 1,290,289 2,614,976 2,413,184
Conductor's permit 2,201 12,860 15,236
Non-professional 1,150,461 2,089,557 2,303,845
Professional 602,166 2,273,946 2,704,466
License and permits cases handled 5,458,547 10,395,775 10,619,457
Apprehensions handled 446,703 732,791 679,135
Revenue collection (In billion pesos) 20.6 25.3 24.2
Impounded vehicles 17,776 28,630 29,341
METRO MANILA LIGHT RAIL TRANSIT February 2021 January 2021 February 2020
LRT (Line 2) (Source:Light Rail Transit Authority)
Passenger traffic (In million passengers) 1.00 0.94 3.08
Gross revenue collection (In million pesos) 19.47 17.14 52.78

FAMILY INCOME and EXPENDITURE (Annual Average) Source: PSA 2018 2015 2012
Number of families (In thousands) 24,747 22,976 21,426
At 2018 prices (In thousand pesos)
Average family income 313 268 …
Average family expenditure 239 216 …
Average savings 75 52 …
At 2015 prices (In thousand pesos)
Average family income … 267 235
Average family expenditure … 215 193
Average savings … 52 42
At 2012 prices (In thousand pesos)
Average family income 267 250 235
Average family expenditure 203 202 193
Average savings 64 49 42
At 2006 prices (In thousand pesos)
Average family income … 189 180
Average family expenditure … 152 148
Average savings … 37 32
POVERTY THRESHOLD and POVERTY INCIDENCE AMONG FAMILIES (Source: PSA) 2018 2015* 2012
Per Capita Poverty Threshold (in pesos) 25,813 22,747 18,935
Poverty Incidence Families (in percent) 12.1 18.0 19.7

LABOR and EMPLOYMENT (Source: PSA) January 2021 p

October 2020 p
January 2020
Total 15 years old and over (in '000) 74,733 74,307 72,841
Labor force participation rate (in percent) 60.5 58.7 61.7
Employment rate (in percent) 91.3 91.3 94.7
Unemployment rate (in percent) 8.7 8.7 5.3
Underemployment rate (in percent) 16.0 14.4 14.8
Total employed persons (In thousands) 41,248 39,836 42,543
Total underemployed persons (In thousands) 6,589 5,747 6,299
Total unemployed persons (In thousands) 3,953 3,813 2,391
Employed persons by major industry group
Agriculture 24.4 24.5 22.6
Industry 18.4 18.3 18.8
Services 57.2 57.2 58.6
Employed persons by class of worker
Wage and salary workers 62.8 62.5 65.2
Self-employed without any paid employee 28.6 29.3 26.2
Employer in own family-operated farm or business 2.7 3.3 2.4
Unpaid family workers 5.9 4.9 6.2

1/ Details may not add up to total due to rounding

2/ Excludes the Bangko Sentral ng Pilipinas; amount includes allowance for probable losses
* 1) Updated. The 2018 estimates were updated following the availability of the final 2018 FIES, which now includes the new urban-rural classification based on the results of the 2015 POPCEN,
 in addition to other changes that were made. To ensure consistency, the 2015 estimates were also updated using 2015 FIES with the new urban-rural classification from the POPCEN 2015.
2) Significant change. The increase or decrease of the poverty incidence among families between 2015 and 2018 is significant at 10% level of significance (a=0.10).
3/ No Transaction for all Regions for the month of April due to the Enhanced Community Quarantine lockdown (ECQ)
Page 3 of 5 National Quickstat – March 2021 (Phase 2) … continued

NATIONAL ACCOUNTS (In million pesos) Source: PSA Annual 2020 4th Qtr. 2020 3rd Qtr. 2020 r
4th Qtr. 2019
At current prices
Gross Domestic Product 17,975,997 5,167,641 4,228,510 5,507,177
Gross National Income 19,407,810 5,400,136 4,583,762 5,993,144
At constant 2018 prices
Gross Domestic Product 17,525,987 4,825,185 4,141,589 5,260,228
Gross National Income 18,911,053 5,045,992 4,478,962 5,732,434
At current prices (Growth Rates) Annual 2019-2020 4th Qtr. 2019-2020 3rd Qtr. 2019-2020 4th Qtr. 2018-2019
Gross Domestic Product (7.9) (6.2) (10.6) 7.0
Gross National Income (9.6) (9.9) (12.3) r 6.3
At constant 2018 prices (Growth Rates)
Gross Domestic Product (9.5) (8.3) (11.4) r 6.7
Gross National Income (11.1) (12.0) (13.0) r 5.8
PRIVATE BUILDING CONSTRUCTION (Source: PSA) 4th Qtr. 2020 p
3rd Qtr. 2020 r
4th Qtr. 2019
Philippines (number) 31,026 30,897 39,242
Total floor area (in square meters) 5,784,549 6,017,259 9,572,999
Value (in thousand pesos) 62,964,656 67,673,748 118,011,779
Residential (number) 21,892 21,698 27,363
Total floor area (in square meters) 3,079,209 2,960,715 4,634,657
Value (in thousand pesos) 32,609,393 30,576,388 55,023,186
Average cost per floor area 10,590 10,327 11,872
Non-residential (number) 4,670 4,762 6,619
Total floor area (in square meters) 2,655,746 2,997,008 4,790,681
Value (in thousand pesos) 25,953,248 31,806,097 55,585,045
Average cost per floor area 9,772 10,613 11,684
Alterations and repairs (number) 3,999 3,543 3,888
Value (in thousand pesos) 3,995,126 4,788,916 6,085,051
BUSINESS AND INDUSTRY (Source: PSA) 2018 CPBI
Industry Description (All establishments) Establishment Employment Income (Th P)
Agriculture, forestry and fishing 3,285 154,910 206,974,362
Mining and quarrying 278 37,721 189,755,087
Manufacturing 28,968 1,260,512 5,781,425,411
Electricity, gas, steam and air conditioning supply 378 51,670 1,208,398,929
Water supply; sewerage, waste management and remediation activities 1,105 39,666 118,029,786
Construction 2,487 348,100 712,902,946
Wholesale and retail trade; repair of motor vehicles, and motorcycles 137,674 1,410,967 8,552,961,837
Transportation and storage 3,377 206,024 738,581,074
Accommodation and food service activities 44,487 557,942 840,957,627
Information and communication 5,665 172,974 680,454,131
Financial and insurance activities 41,657 464,176 2,287,956,522
Real estate activities 6,214 89,337 1,072,198,602
Professional, scientific and technical activities 6,888 148,589 302,393,461
Administrative and support service activities 8,471 1,430,520 772,205,050
Education 14,576 412,077 222,152,577
Human health and social work activities 9,456 210,372 249,971,963
Arts, entertainment and recreation 4,087 75,968 230,732,789
Other service activities 15,469 98,447 82,874,502
DEMOGRAPHY (Source: PSA) 2015 2010 2007
Total population 100,981,4371/ 92,337,8522/ 88,548,3663/
Average annual population growth rate 1.72 (2010-2015) 1.90 (2000-2010) 2.04 (2000-2007)
Population density (persons per square kilometer) 337 308 295
Total population by sex 100,979,303 92,335,113 88,546,087
Male 51,069,962 46,634,257 44,757,788
Female 49,909,341 45,700,856 43,788,299
Proportion of total population by sex 100.0 100.0 100.0
Male 50.6 50.5 50.5
Female 49.4 49.5 49.5
Total population by age group 100,979,303 92,335,113 88,546,087
0-4 years 10,818,931 10,233,784 10,575,656
0-14 years 32,155,793 30,734,937 31,407,604
15-64 years 64,035,924 57,587,249 53,468,834
18 years and over 62,615,419 55,719,517 51,300,060
60 years and over 7,548,769 6,241,326 5,507,144
65 years and over 4,787,586 4,012,927 3,669,649
Proportion of total population by age group 100.0 100.0 100.0
0-4 years 10.7 11.1 11.9
0-14 years 31.9 33.3 35.5
15-64 years 63.4 62.4 60.4
18 years and over 62.0 60.3 57.9
60 years and over 7.5 6.8 6.2
65 years and over 4.7 4.3 4.1
Overall dependency ratio 57.7 60.3 65.6
Young dependency ratio 50.2 53.4 58.7
Old dependency ratio 7.5 7.0 6.9
Sex ratio (number of males per 100 females) 102 102 102
Median age 24.3 23.3 22.2
persons five
Proportion of persons withyears
disability
old and over .. 1.57 4/ ..
with at least one functional difficulty .. 3.14 5/ ..
Household population by sex 100,573,715 92,097,978 88,304,615
Male 50,774,021 46,458,988 44,583,853
Female 49,799,694 45,638,990 43,720,762
Proportion of household population by sex 100.0 100.0 100.0
Male 50.5 50.4 50.5
Female 49.5 49.6 49.5
Household population by age group 100,573,715 92,097,978 88,304,615
0-4 years 10,815,998 10,231,201 10,573,381
0-14 years 32,135,285 30,717,569 31,389,020
15-64 years 63,659,732 57,374,166 53,251,374
18 years and over 62,263,325 55,513,682 51,100,067
60 years and over 7,534,306 6,230,480 5,498,848
65 years and over 4,778,698 4,006,243 3,664,221
1/
Includes 2,134 Filipinos in Philippine embassies, consulates, and missions abroad
2/
Includes 2,739 Filipinos in Philippine embassies, consulates, and missions abroad
3/
Includes 2,279 Filipinos in Philippine embassies, consulates, and missions abroad
National Quickstat – March 2021 (Phase 2) … continued Page 4 of 5

DEMOGRAPHY (Source: PSA) 2015 2010 2007

Proportion of household population by age group 100.0 100.0 100.0
0-4 years 10.8 11.1 12.0
0-14 years 32.0 33.4 35.5
15-64 years 63.3 62.3 60.3
18 years and over 61.9 60.3 57.9
60 years and over 7.5 6.8 6.2
65 years and over 4.8 4.3 4.1
Overall dependency ratio 58.0 60.5 65.8
Young dependency ratio 50.5 53.5 58.9
Old dependency ratio 7.5 7.0 6.9
Sex ratio (number of males per 100 females) 102 102 102
Number of households 22,975,630 20,171,899 18,539,769
Average household size 4.4 4.6 4.8
Proportion of persons with disability .. 1.57 4/ ..
Proportion of persons five years old and over
with at least one functional difficulty .. 3.13 5/ ..
Literacy rate 98.3 97.1 ..
Institutional population by sex 405,588 237,135 241,472
Male 295,941 175,269 173,935
Female 109,647 61,866 67,537
VITAL STATISTICS (Source: PSA) 2019 2018 2017
Marriages (Based on civil registration)6/ 432,056 449,169 434,932

Births (Based on civil registration)6/ 1,673,923 r

1,668,120 1,700,618
Male 871,750 r
870,832 887,972
Female 802,173 r
797,288 812,646
2020 p
2019 2018
Deaths (Based on civil registration)6/ 575,875 620,414 r
590,709
Male .. 354,486 r
337,789
Female .. 265,928 r
252,920

Top 3 Leading Causes of Death

1. Diseases of the circulatory system 211,860 213,625 201,483
2. Neoplasms 62,289 68,657 67,138
3. Diseases of the respiratory system 57,109 95,879 87,720
2018 2017 2016
Fetal deaths 8,594 7,709 8,020
FAMILY PLANNING 7/ (Source: PSA) 2017 2013 2008
Any method (in percent) 54.3 55.1 50.7
Any modern method 40.4 37.6 34.0
Any traditional method 13.9 17.5 16.7
Not currently using 45.7 44.9 49.3
Number of women 15,016 9,729 8,418
EDUCATION (Source: PSA) 2019 2015 2013
Simple literacy rate 8/ (10 years old and over; basic reading and writing skills) (in percent) 96.5 98.3 96.5

2019 2013 2008

Functional literacy rate (10 to 64 years old; basic reading, writing, and computational skills) (in percent) 91.6 90.3 86.4

ENROLMENT (Source: DepEd) SY 2018-2019 SY 2017-2018 SY 2016-2017

Number of schools
Private
Elementary 12,281 12,191 11,680
Junior High School 5,995 5,966 5,935
Senior High School 4,784 4,609 4,373
Public
Elementary 39,067 38,956 38,845
Junior High School 9,085 8,756 8,528
Senior High School 7,033 6,718 6,184
Number of enrolment
Pre-School
Private 296,266 243,818 216,997
Public 2,112,192 2,024,637 1,597,716
Elementary (Grade 1 to 6)
Private 1,240,532 1,207,009 1,199,569
Public 12,017,876 12,276,611 12,900,721
Junior High School
Private 1,421,817 1,365,684 1,341,159
Public 6,894,478 6,460,730 6,223,668
Senior High School
Private 1,339,951 1,249,004 661,734
Public 1,681,905 1,484,456 783,373

Notes: Data includes State and Local Universities and Colleges (SUCs/LUCs).
For SY 2016-2017, SHS covers Grade 11 only while for SY 2017-2018 to SY 2018-2019, SHS covers Grades 11 and 12.

4/
Disability refers to any restriction or lack of ability (resulting from an impairment) to perform an activity in the manner or within the range considered normal for a human being.
Impairments associated with disabilities may be physical, mental or sensory motor impairment such as partial or total blindness, low vision, partial or total deafness, oral defect,
having only one hand/no hands, one leg/no legs, mild or severe cerebral palsy, retarded, mentally ill, mental retardation and multiple impairment. Data on disability will enable
planners to prepare plans for rehabilitation, education, development, and preventive programs.
5/
A person with difficulty in functioning may have activity limitations, which means difficulties an individual may have in executing activities. An activity limitation may range
from a slight to a severe deviation in terms of quality or quantity in executing the activity in a manner or to the extent that is expected of people without the health condition.
In general, functional difficulties experienced by people may have been due to their health conditions. Health conditions refer to diseases or illnesses, other health problems
that may be short or long lasting injuries, mental or emotional problems, and problems with alcohol or drugs. A health condition may also include other circumstances
such as pregnancy, ageing, stress, congenital anomaly or genetic predisposition. Difficulty is usually manifested when a person is doing an activity with increased effort,
discomfort or pain, slowness or changes in the way he/she does the activity.
6/
Figures are results of actual registration without any adjustment of under-registration.
7/
Percent distribution of currently married women
8/
CPH 2015 data
Page 5 of 5 National Quickstat – March 2021 (Phase 2) … concluded

TOURISM (Source: DOT) Total 2020 December 2020 November 2020 December 2019
Visitor arrivals to the Philippines by regions/continents of residence 1,482,535 19,793 13,604 776,798
ASEAN 83,344 415 470 45,692
East Asia 707,850 2,511 1,883 413,243
South Asia 34,039 695 495 11,621
Middle East 15,094 979 616 4,125
North America 268,072 5,285 2,455 140,607
South America 5,439 108 96 2,173
Western Europe 74,273 694 449 33,321
Northern Europe 61,945 812 526 36,371
Southern Europe 21,994 311 329 11,168
Eastern Europe 22,716 468 418 7,665
Eastern Mediterranean Europe* 8,364 319 304 2,840
Australiasia/Pacific 66,534 269 225 43,805
Africa 3,201 74 66 1,578
Other unspecified residences 25,590 813 737 8,848
Overseas Filipinos** 84,080 6,040 4,535 13,741
* Grouping from UNWTO; prior to 2009, statistics from Israel were lumped under "Middle East" and statistics from Turkey were lumped under "Others"
** Philippine passport holders permanently residing abroad; excludes overseas Filipino workers

Abbreviations and Standard Symbols Used:

p Preliminary
r Revised
.. Not available
… Data not applicable

PSA - Philippine Statistics Authority FOB - Free On Board

BSP - Bangko Sentral ng Pilipinas WAIR - Weighted Average Interest Rates
BTr - Bureau of the Treasury TE - Total Employment
PSEI - Philippine Stock Exchange, Inc. PSIC - Philippine Standard Industrial Classification
LTO - Land Transportation Office SUCs - State Universities and Colleges
DOT - Department of Tourism
DepEd - Department of Education
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Compiled by:
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