National Accounts of the Philippines Page 1

Unit: In million Philippine Pesos

As of August 2021

Table 1.1 Gross National Income and Gross Domestic Product, by Expenditure
Q1 2019 to Q2 2021 and Semestral 2019 to 2021
At Current Prices

2019 2020 2021 2019 2020 2021

Expenditure Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Sem I Sem II Sem I Sem II Sem I

01. Household final consumption expenditure 3,340,847 3,499,709 3,462,628 3,985,148 3,422,379 3,042,946 3,211,098 3,802,066 3,397,985 3,393,674 6,840,556 7,447,776 6,465,326 7,013,164 6,791,659
02. Government final consumption expenditure 481,517 668,914 591,359 691,649 529,191 829,498 639,542 742,553 633,734 811,447 1,150,431 1,283,008 1,358,689 1,382,094 1,445,181

03. Gross capital formation 1,178,488 1,246,495 1,272,706 1,455,380 958,387 521,960 695,781 942,150 830,975 1,104,830 2,424,983 2,728,086 1,480,347 1,637,931 1,935,805
A. Gross fixed capital formation 1,165,560 1,324,452 1,367,888 1,442,201 1,130,969 850,091 830,345 1,005,647 936,238 1,186,578 2,490,012 2,810,089 1,981,059 1,835,991 2,122,816
1. Construction 657,634 849,130 872,713 911,051 664,556 580,883 486,753 590,745 505,483 807,665 1,506,765 1,783,764 1,245,439 1,077,498 1,313,149
2. Durable equipment 377,025 334,158 370,916 369,866 330,584 131,332 220,090 261,811 291,051 238,103 711,183 740,781 461,916 481,901 529,154
3. Breeding stocks and orchard development 101,878 102,919 91,934 121,388 105,818 108,462 94,384 114,648 108,852 108,665 204,797 213,322 214,280 209,032 217,518
4. Intellectual property products 29,022 38,244 32,325 39,897 30,011 29,413 29,117 38,443 30,852 32,144 67,267 72,221 59,425 67,561 62,996
B. Changes in inventories 12,689 -78,425 -95,646 12,856 -172,766 -328,387 -134,833 -63,726 -105,433 -82,105 -65,737 -82,790 -501,154 -198,559 -187,538
C. Valuables 240 468 464 323 184 257 269 229 169 358 708 787 441 498 527

04. Exports of goods and services 1,389,374 1,406,478 1,402,117 1,341,770 1,310,705 900,717 1,119,165 1,187,802 1,187,295 1,157,064 2,795,852 2,743,888 2,211,422 2,306,968 2,344,359
A. Exports of goods 680,099 662,729 796,981 801,768 632,110 428,077 719,294 772,407 638,643 583,946 1,342,828 1,598,749 1,060,188 1,491,701 1,222,589
B. Exports of services 709,275 743,749 605,137 540,002 678,595 472,640 399,872 415,395 548,652 573,118 1,453,024 1,145,139 1,151,234 815,267 1,121,770

05. Less : Imports of goods and services 2,004,060 1,927,311 2,023,448 1,941,898 1,763,885 1,147,588 1,503,525 1,502,360 1,643,640 1,748,854 3,931,371 3,965,346 2,911,473 3,005,885 3,392,494
A. Imports of goods 1,628,986 1,584,069 1,660,517 1,471,227 1,397,035 910,116 1,246,217 1,236,653 1,409,257 1,524,495 3,213,055 3,131,744 2,307,150 2,482,870 2,933,752
B. Imports of services 375,074 343,243 362,930 470,671 366,850 237,473 257,308 265,706 234,383 224,359 718,317 833,601 604,323 523,015 458,742

06. Statistical discrepancy 39,911 -28,311 20,530 -32,130 -10,944 -12,869 40,882 -17,068 -42,648 32,181 11,600 -11,600 -23,813 23,813 -10,467

Gross Domestic Product 4,426,077 4,865,973 4,725,892 5,499,920 4,445,834 4,134,663 4,202,942 5,155,143 4,363,700 4,750,342 9,292,050 10,225,813 8,580,497 9,358,085 9,114,041

Net primary income from the rest of the world 495,253 483,543 500,751 474,650 454,129 371,940 341,158 214,037 115,000 177,417 978,796 975,401 826,070 555,195 292,416

Gross National Income 4,921,330 5,349,516 5,226,643 5,974,571 4,899,963 4,506,604 4,544,100 5,369,180 4,478,700 4,927,758 10,270,846 11,201,214 9,406,567 9,913,281 9,406,458
Source: Philippine Statistics Authority
National Accounts of the Philippines Page 2
Unit: In million Philippine Pesos
As of August 2021

Table 1.2 Gross National Income and Gross Domestic Product, by Expenditure
Q1 2019 to Q2 2021 and Semestral 2019 to 2021
At Constant 2018 Prices

2019 2020 2021 2019 2020 2021

Expenditure Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Sem I Sem II Sem I Sem II Sem I

01. Household final consumption expenditure 3,308,748 3,445,708 3,337,241 3,935,759 3,314,359 2,918,484 3,030,827 3,650,039 3,156,930 3,129,504 6,754,456 7,273,000 6,232,843 6,680,866 6,286,434
02. Government final consumption expenditure 523,615 697,011 575,719 603,522 560,287 849,222 609,337 634,105 650,336 807,844 1,220,627 1,179,241 1,409,509 1,243,443 1,458,180

03. Gross capital formation 1,130,741 1,297,367 1,237,959 1,466,282 994,139 629,542 748,718 994,308 846,960 1,104,895 2,428,108 2,704,241 1,623,681 1,743,026 1,951,855
A. Gross fixed capital formation 1,115,073 1,307,929 1,310,861 1,441,657 1,093,207 840,064 812,311 1,009,041 896,459 1,154,391 2,423,002 2,752,518 1,933,271 1,821,351 2,050,850
1. Construction 641,461 839,456 807,238 917,836 628,720 577,196 440,542 587,275 469,424 769,936 1,480,917 1,725,074 1,205,915 1,027,817 1,239,361
2. Durable equipment 352,724 336,887 372,307 362,607 344,504 136,798 246,407 273,742 309,099 258,809 689,611 734,914 481,303 520,150 567,908
3. Breeding stocks and orchard development 92,254 97,737 91,674 121,963 90,656 99,878 90,224 110,433 87,834 97,054 189,991 213,636 190,534 200,657 184,888
4. Intellectual property products 28,634 33,849 39,643 39,251 29,327 26,192 35,138 37,590 30,102 28,591 62,484 78,894 55,519 72,728 58,693
B. Changes in inventories 15,425 -11,043 -73,314 24,332 -99,221 -210,724 -63,779 -14,897 -49,622 -49,755 4,382 -48,982 -309,944 -78,676 -99,377
C. Valuables 243 481 413 293 153 201 187 164 123 259 724 705 354 351 382

04. Exports of goods and services 1,392,610 1,513,731 1,457,178 1,300,524 1,331,768 1,006,681 1,237,671 1,167,388 1,213,942 1,278,375 2,906,340 2,757,703 2,338,448 2,405,059 2,492,317
A. Exports of goods 702,843 775,924 867,687 770,038 684,561 538,742 856,742 769,232 703,532 729,420 1,478,767 1,637,725 1,223,303 1,625,974 1,432,951
B. Exports of services 689,767 737,806 589,492 530,486 647,207 467,938 380,929 398,156 510,411 548,955 1,427,573 1,119,978 1,115,145 779,085 1,059,366

05. Less : Imports of goods and services 1,907,419 2,001,894 1,933,644 1,998,007 1,766,955 1,255,763 1,533,403 1,593,520 1,642,896 1,730,305 3,909,313 3,931,651 3,022,718 3,126,923 3,373,201
A. Imports of goods 1,521,249 1,694,970 1,572,328 1,523,159 1,392,481 1,042,683 1,275,643 1,320,054 1,385,554 1,526,610 3,216,219 3,095,487 2,435,164 2,595,697 2,912,164
B. Imports of services 386,170 306,925 361,316 474,849 374,474 213,080 257,761 273,466 257,342 203,695 693,094 836,164 587,554 531,227 461,037

06. Statistical discrepancy 14,891 34,002 1,090 -49,983 -3,159 -8,915 40,728 -28,654 32,450 37,762 48,893 -48,893 -12,074 12,074 70,212

Gross Domestic Product 4,463,186 4,985,924 4,675,544 5,258,096 4,430,440 4,139,250 4,133,878 4,823,666 4,257,722 4,628,075 9,449,110 9,933,640 8,569,690 8,957,544 8,885,797

Net primary income from the rest of the world 507,267 468,142 479,376 461,496 459,850 354,063 322,889 203,373 112,109 163,595 975,410 940,872 813,913 526,263 275,705

Gross National Income 4,970,453 5,454,067 5,154,920 5,719,592 4,890,290 4,493,313 4,456,767 5,027,040 4,369,831 4,791,671 10,424,520 10,874,513 9,383,603 9,483,807 9,161,502
Source: Philippine Statistics Authority
National Accounts of the Philippines Page 3
Unit: In Percent
As of August 2021

Table 1.3 Gross National Income and Gross Domestic Product, by Expenditure
Q1 2020 to Q2 2021 and Semestral 2020 to 2021
Growth Rates, at Current Prices

2019 - 2020 2020 - 2021 2019 - 2020 2020 - 2021

Expenditure Q1 Q2 Q3 Q4 Q1 Q2 Sem I Sem II Sem I

01. Household final consumption expenditure 2.4 -13.1 -7.3 -4.6 -0.7 11.5 -5.5 -5.8 5.0
02. Government final consumption expenditure 9.9 24.0 8.1 7.4 19.8 -2.2 18.1 7.7 6.4

03. Gross capital formation -18.7 -58.1 -45.3 -35.3 -13.3 111.7 -39.0 -40.0 30.8
A. Gross fixed capital formation -3.0 -35.8 -39.3 -30.3 -17.2 39.6 -20.4 -34.7 7.2
1. Construction 1.1 -31.6 -44.2 -35.2 -23.9 39.0 -17.3 -39.6 5.4
2. Durable equipment -12.3 -60.7 -40.7 -29.2 -12.0 81.3 -35.0 -34.9 14.6
3. Breeding stocks and orchard development 3.9 5.4 2.7 -5.6 2.9 0.2 4.6 -2.0 1.5
4. Intellectual property products 3.4 -23.1 -9.9 -3.6 2.8 9.3 -11.7 -6.5 6.0
B. Changes in inventories
C. Valuables -23.0 -45.2 -42.1 -29.0 -8.4 39.6 -37.7 -36.7 19.5

04. Exports of goods and services -5.7 -36.0 -20.2 -11.5 -9.4 28.5 -20.9 -15.9 6.0
A. Exports of goods -7.1 -35.4 -9.7 -3.7 1.0 36.4 -21.0 -6.7 15.3
B. Exports of services -4.3 -36.5 -33.9 -23.1 -19.1 21.3 -20.8 -28.8 -2.6

05. Less : Imports of goods and services -12.0 -40.5 -25.7 -22.6 -6.8 52.4 -25.9 -24.2 16.5
A. Imports of goods -14.2 -42.5 -25.0 -15.9 0.9 67.5 -28.2 -20.7 27.2
B. Imports of services -2.2 -30.8 -29.1 -43.5 -36.1 -5.5 -15.9 -37.3 -24.1

Gross Domestic Product 0.4 -15.0 -11.1 -6.3 -1.8 14.9 -7.7 -8.5 6.2

Net primary income from the rest of the world -8.3 -23.1 -31.9 -54.9 -74.7 -52.3 -15.6 -43.1 -64.6

Gross National Income -0.4 -15.8 -13.1 -10.1 -8.6 9.3 -8.4 -11.5 0.0
Note: * means more than 1000%
Source: Philippine Statistics Authority
National Accounts of the Philippines Page 4
Unit: In Percent
As of August 2021

Table 1.4 Gross National Income and Gross Domestic Product, by Expenditure
Q1 2020 to Q2 2021 and Semestral 2020 to 2021
Growth Rates, at Constant 2018 Prices

2019 - 2020 2020 - 2021 2019 - 2020 2020 - 2021

Expenditure Q1 Q2 Q3 Q4 Q1 Q2 Sem I Sem II Sem I

01. Household final consumption expenditure 0.2 -15.3 -9.2 -7.3 -4.7 7.2 -7.7 -8.1 0.9
02. Government final consumption expenditure 7.0 21.8 5.8 5.1 16.1 -4.9 15.5 5.4 3.5

03. Gross capital formation -12.1 -51.5 -39.5 -32.2 -14.8 75.5 -33.1 -35.5 20.2
A. Gross fixed capital formation -2.0 -35.8 -38.0 -30.0 -18.0 37.4 -20.2 -33.8 6.1
1. Construction -2.0 -31.2 -45.4 -36.0 -25.3 33.4 -18.6 -40.4 2.8
2. Durable equipment -2.3 -59.4 -33.8 -24.5 -10.3 89.2 -30.2 -29.2 18.0
3. Breeding stocks and orchard development -1.7 2.2 -1.6 -9.5 -3.1 -2.8 0.3 -6.1 -3.0
4. Intellectual property products 2.4 -22.6 -11.4 -4.2 2.6 9.2 -11.1 -7.8 5.7
B. Changes in inventories
C. Valuables -37.2 -58.2 -54.8 -43.9 -19.2 28.6 -51.1 -50.3 8.0

04. Exports of goods and services -4.4 -33.5 -15.1 -10.2 -8.8 27.0 -19.5 -12.8 6.6
A. Exports of goods -2.6 -30.6 -1.3 -0.1 2.8 35.4 -17.3 -0.7 17.1
B. Exports of services -6.2 -36.6 -35.4 -24.9 -21.1 17.3 -21.9 -30.4 -5.0

05. Less : Imports of goods and services -7.4 -37.3 -20.7 -20.2 -7.0 37.8 -22.7 -20.5 11.6
A. Imports of goods -8.5 -38.5 -18.9 -13.3 -0.5 46.4 -24.3 -16.1 19.6
B. Imports of services -3.0 -30.6 -28.7 -42.4 -31.3 -4.4 -15.2 -36.5 -21.5

Gross Domestic Product -0.7 -17.0 -11.6 -8.3 -3.9 11.8 -9.3 -9.8 3.7

Net primary income from the rest of the world -9.3 -24.4 -32.6 -55.9 -75.6 -53.8 -16.6 -44.1 -66.1

Gross National Income -1.6 -17.6 -13.5 -12.1 -10.6 6.6 -10.0 -12.8 -2.4
Note: * means more than 1000%
Source: Philippine Statistics Authority
National Accounts of the Philippines Page 5
As of August 2021

Table 1.5 Gross National Income and Gross Domestic Product, by Expenditure
Q1 2019 to Q2 2021 and Semestral 2019 to 2021
Implicit Price Index

2019 2020 2021 2019 2020 2021

Expenditure Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Sem I Sem II Sem I Sem II Sem I

01. Household final consumption expenditure 101.0 101.6 103.8 101.3 103.3 104.3 105.9 104.2 107.6 108.4 101.3 102.4 103.7 105.0 108.0
02. Government final consumption expenditure 92.0 96.0 102.7 114.6 94.4 97.7 105.0 117.1 97.4 100.4 94.2 108.8 96.4 111.2 99.1

03. Gross capital formation 104.2 96.1 102.8 99.3 96.4 82.9 92.9 94.8 98.1 100.0 99.9 100.9 91.2 94.0 99.2
A. Gross fixed capital formation 104.5 101.3 104.4 100.0 103.5 101.2 102.2 99.7 104.4 102.8 102.8 102.1 102.5 100.8 103.5
1. Construction 102.5 101.2 108.1 99.3 105.7 100.6 110.5 100.6 107.7 104.9 101.7 103.4 103.3 104.8 106.0
2. Durable equipment 106.9 99.2 99.6 102.0 96.0 96.0 89.3 95.6 94.2 92.0 103.1 100.8 96.0 92.6 93.2
3. Breeding stocks and orchard development 110.4 105.3 100.3 99.5 116.7 108.6 104.6 103.8 123.9 112.0 107.8 99.9 112.5 104.2 117.6
4. Intellectual property products 101.4 113.0 81.5 101.6 102.3 112.3 82.9 102.3 102.5 112.4 107.7 91.5 107.0 92.9 107.3
B. Changes in inventories
C. Valuables 98.6 97.4 112.4 110.4 120.9 127.4 143.9 139.7 137.1 138.3 97.8 111.6 124.6 142.0 138.0

04. Exports of goods and services 99.8 92.9 96.2 103.2 98.4 89.5 90.4 101.7 97.8 90.5 96.2 99.5 94.6 95.9 94.1
A. Exports of goods 96.8 85.4 91.9 104.1 92.3 79.5 84.0 100.4 90.8 80.1 90.8 97.6 86.7 91.7 85.3
B. Exports of services 102.8 100.8 102.7 101.8 104.8 101.0 105.0 104.3 107.5 104.4 101.8 102.2 103.2 104.6 105.9

05. Less : Imports of goods and services 105.1 96.3 104.6 97.2 99.8 91.4 98.1 94.3 100.0 101.1 100.6 100.9 96.3 96.1 100.6
A. Imports of goods 107.1 93.5 105.6 96.6 100.3 87.3 97.7 93.7 101.7 99.9 99.9 101.2 94.7 95.7 100.7
B. Imports of services 97.1 111.8 100.4 99.1 98.0 111.4 99.8 97.2 91.1 110.1 103.6 99.7 102.9 98.5 99.5

Gross Domestic Product 99.2 97.6 101.1 104.6 100.3 99.9 101.7 106.9 102.5 102.6 98.3 102.9 100.1 104.5 102.6

Net primary income from the rest of the world 97.6 103.3 104.5 102.9 98.8 105.0 105.7 105.2 102.6 108.4 100.3 103.7 101.5 105.5 106.1

Gross National Income 99.0 98.1 101.4 104.5 100.2 100.3 102.0 106.8 102.5 102.8 98.5 103.0 100.2 104.5 102.7
Source: Philippine Statistics Authority
National Accounts of the Philippines Page 6
Unit: In Percent
As of August 2021

Table 1.6 Gross National Income and Gross Domestic Product, by Expenditure
Q1 2019 to Q2 2021 and Semestral 2019 to 2021
Percent Share to GDP and GNI, at Current Prices

2019 2020 2021 2019 2020 2021

Expenditure Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Sem I Sem II Sem I Sem II Sem I

01. Household final consumption expenditure 75.5 71.9 73.3 72.5 77.0 73.6 76.4 73.8 77.9 71.4 73.6 72.8 75.3 74.9 74.5
02. Government final consumption expenditure 10.9 13.7 12.5 12.6 11.9 20.1 15.2 14.4 14.5 17.1 12.4 12.5 15.8 14.8 15.9

03. Gross capital formation 26.6 25.6 26.9 26.5 21.6 12.6 16.6 18.3 19.0 23.3 26.1 26.7 17.3 17.5 21.2
A. Gross fixed capital formation 26.3 27.2 28.9 26.2 25.4 20.6 19.8 19.5 21.5 25.0 26.8 27.5 23.1 19.6 23.3
1. Construction 14.9 17.5 18.5 16.6 14.9 14.0 11.6 11.5 11.6 17.0 16.2 17.4 14.5 11.5 14.4
2. Durable equipment 8.5 6.9 7.8 6.7 7.4 3.2 5.2 5.1 6.7 5.0 7.7 7.2 5.4 5.1 5.8
3. Breeding stocks and orchard development 2.3 2.1 1.9 2.2 2.4 2.6 2.2 2.2 2.5 2.3 2.2 2.1 2.5 2.2 2.4
4. Intellectual property products 0.7 0.8 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7
B. Changes in inventories 0.3 -1.6 -2.0 0.2 -3.9 -7.9 -3.2 -1.2 -2.4 -1.7 -0.7 -0.8 -5.8 -2.1 -2.1
C. Valuables 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

04. Exports of goods and services 31.4 28.9 29.7 24.4 29.5 21.8 26.6 23.0 27.2 24.4 30.1 26.8 25.8 24.7 25.7
A. Exports of goods 15.4 13.6 16.9 14.6 14.2 10.4 17.1 15.0 14.6 12.3 14.5 15.6 12.4 15.9 13.4
B. Exports of services 16.0 15.3 12.8 9.8 15.3 11.4 9.5 8.1 12.6 12.1 15.6 11.2 13.4 8.7 12.3

05. Less : Imports of goods and services 45.3 39.6 42.8 35.3 39.7 27.8 35.8 29.1 37.7 36.8 42.3 38.8 33.9 32.1 37.2
A. Imports of goods 36.8 32.6 35.1 26.7 31.4 22.0 29.7 24.0 32.3 32.1 34.6 30.6 26.9 26.5 32.2
B. Imports of services 8.5 7.1 7.7 8.6 8.3 5.7 6.1 5.2 5.4 4.7 7.7 8.2 7.0 5.6 5.0

Gross Domestic Product 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0

GDP share to GNI 89.9 91.0 90.4 92.1 90.7 91.7 92.5 96.0 97.4 96.4 90.5 91.3 91.2 94.4 96.9
Net primary income from the rest of the world 10.1 9.0 9.6 7.9 9.3 8.3 7.5 4.0 2.6 3.6 9.5 8.7 8.8 5.6 3.1

Gross National Income 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0
Source: Philippine Statistics Authority
National Accounts of the Philippines Page 7
Unit: In Percent
As of August 2021

Table 1.7 Gross National Income and Gross Domestic Product, by Expenditure
Q1 2019 to Q2 2021 and Semestral 2019 to 2021
Percent Share to GDP and GNI, at Constant 2018 Prices

2019 2020 2021 2019 2020 2021

Expenditure Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Sem I Sem II Sem I Sem II Sem I

01. Household final consumption expenditure 74.1 69.1 71.4 74.9 74.8 70.5 73.3 75.7 74.1 67.6 71.5 73.2 72.7 74.6 70.7
02. Government final consumption expenditure 11.7 14.0 12.3 11.5 12.6 20.5 14.7 13.1 15.3 17.5 12.9 11.9 16.4 13.9 16.4

03. Gross capital formation 25.3 26.0 26.5 27.9 22.4 15.2 18.1 20.6 19.9 23.9 25.7 27.2 18.9 19.5 22.0
A. Gross fixed capital formation 25.0 26.2 28.0 27.4 24.7 20.3 19.7 20.9 21.1 24.9 25.6 27.7 22.6 20.3 23.1
1. Construction 14.4 16.8 17.3 17.5 14.2 13.9 10.7 12.2 11.0 16.6 15.7 17.4 14.1 11.5 13.9
2. Durable equipment 7.9 6.8 8.0 6.9 7.8 3.3 6.0 5.7 7.3 5.6 7.3 7.4 5.6 5.8 6.4
3. Breeding stocks and orchard development 2.1 2.0 2.0 2.3 2.0 2.4 2.2 2.3 2.1 2.1 2.0 2.2 2.2 2.2 2.1
4. Intellectual property products 0.6 0.7 0.8 0.7 0.7 0.6 0.9 0.8 0.7 0.6 0.7 0.8 0.6 0.8 0.7
B. Changes in inventories 0.3 -0.2 -1.6 0.5 -2.2 -5.1 -1.5 -0.3 -1.2 -1.1 0.0 -0.5 -3.6 -0.9 -1.1
C. Valuables 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

04. Exports of goods and services 31.2 30.4 31.2 24.7 30.1 24.3 29.9 24.2 28.5 27.6 30.8 27.8 27.3 26.8 28.0
A. Exports of goods 15.7 15.6 18.6 14.6 15.5 13.0 20.7 15.9 16.5 15.8 15.6 16.5 14.3 18.2 16.1
B. Exports of services 15.5 14.8 12.6 10.1 14.6 11.3 9.2 8.3 12.0 11.9 15.1 11.3 13.0 8.7 11.9

05. Less : Imports of goods and services 42.7 40.2 41.4 38.0 39.9 30.3 37.1 33.0 38.6 37.4 41.4 39.6 35.3 34.9 38.0
A. Imports of goods 34.1 34.0 33.6 29.0 31.4 25.2 30.9 27.4 32.5 33.0 34.0 31.2 28.4 29.0 32.8
B. Imports of services 8.7 6.2 7.7 9.0 8.5 5.1 6.2 5.7 6.0 4.4 7.3 8.4 6.9 5.9 5.2

Gross Domestic Product 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0

GDP share to GNI 89.8 91.4 90.7 91.9 90.6 92.1 92.8 96.0 97.4 96.6 90.6 91.3 91.3 94.5 97.0
Net primary income from the rest of the world 10.2 8.6 9.3 8.1 9.4 7.9 7.2 4.0 2.6 3.4 9.4 8.7 8.7 5.5 3.0

Gross National Income 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0
Source: Philippine Statistics Authority
National Accounts of the Philippines Page 8
Unit: In million Philippine Pesos
As of August 2021

Table 2.1 Gross National Income and Gross Domestic Product, by Industry
Q1 2019 to Q2 2021 and Semestral 2019 to 2021
At Current Prices

2019 2020 2021 2019 2020 2021

Industry Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Sem I Sem II Sem I Sem II Sem I

Agriculture, forestry, and fishing 420,920 395,739 391,371 513,509 442,598 424,010 410,263 550,140 487,008 456,336 816,659 904,880 866,608 960,402 943,344

Industry 1,371,768 1,441,554 1,342,484 1,763,476 1,316,563 1,145,116 1,051,427 1,581,116 1,237,360 1,421,660 2,813,322 3,105,960 2,461,679 2,632,543 2,659,019
01. Mining and quarrying 42,687 45,187 37,189 36,594 33,532 32,450 32,904 37,152 41,761 46,345 87,874 73,783 65,982 70,057 88,106
02. Manufacturing 878,958 806,663 769,222 1,159,172 822,908 622,353 642,956 1,081,900 807,221 769,446 1,685,621 1,928,395 1,445,261 1,724,856 1,576,667
03. Electricity, steam, water and waste management 148,193 187,149 132,171 140,368 154,737 182,834 134,159 139,222 154,629 205,710 335,342 272,540 337,572 273,381 360,339
04. Construction 301,929 402,556 403,901 427,341 305,386 307,478 241,408 322,842 233,748 400,159 704,485 831,242 612,864 564,250 633,907

Services 2,633,390 3,028,680 2,992,038 3,222,935 2,686,673 2,565,538 2,741,253 3,023,887 2,639,332 2,872,346 5,662,070 6,214,973 5,252,211 5,765,140 5,511,678
01. Wholesale and retail trade; repair
of motor vehicles and motorcycles 718,307 871,509 943,030 984,808 725,215 752,324 897,658 945,811 704,475 805,715 1,589,816 1,927,837 1,477,539 1,843,469 1,510,190
02. Transportation and storage 185,214 211,818 182,219 178,410 164,684 95,461 140,032 148,797 143,125 125,955 397,032 360,630 260,144 288,829 269,080
03. Accommodation and food service activities 109,945 96,560 108,968 116,305 98,774 34,032 52,226 68,624 80,829 56,089 206,505 225,273 132,806 120,850 136,918
04. Information and communication 129,930 140,403 126,746 165,755 136,123 156,662 131,339 168,695 144,730 173,571 270,332 292,501 292,784 300,034 318,301
05. Financial and insurance activities 406,790 443,281 411,257 420,542 456,128 476,895 441,066 448,479 493,985 511,173 850,072 831,799 933,023 889,545 1,005,157
06. Real estate and ownership of dwellings 299,439 319,338 332,883 303,984 300,485 231,553 278,684 267,295 274,721 278,298 618,777 636,867 532,038 545,979 553,019
07. Professional and business services 273,502 294,801 319,644 331,809 272,387 256,054 290,177 314,250 262,235 293,244 568,303 651,453 528,441 604,428 555,479
08. Public administration and defense;
compulsory social activities 158,525 229,504 205,683 296,975 173,653 250,730 219,998 306,382 194,561 264,455 388,029 502,658 424,382 526,381 459,016
09. Education 165,571 217,250 190,545 205,502 176,033 192,519 161,809 184,889 183,461 214,591 382,820 396,047 368,552 346,699 398,052
10. Human health and social work activities 70,457 85,409 80,826 93,170 75,797 74,828 80,772 98,311 90,035 86,629 155,866 173,996 150,625 179,082 176,664
11. Other services 115,710 118,808 90,237 125,675 107,395 44,481 47,491 72,353 67,176 62,626 234,518 215,911 151,876 119,844 129,802

Gross Domestic Product 4,426,077 4,865,973 4,725,892 5,499,920 4,445,834 4,134,663 4,202,942 5,155,143 4,363,700 4,750,342 9,292,050 10,225,813 8,580,497 9,358,085 9,114,041###

Net primary income from the rest of the world 495,253 483,543 500,751 474,650 454,129 371,940 341,158 214,037 115,000 177,417 978,796 975,401 826,070 555,195 292,416###

Gross National Income 4,921,330 5,349,516 5,226,643 5,974,571 4,899,963 4,506,604 4,544,100 5,369,180 4,478,700 4,927,758 10,270,846 11,201,214 9,406,567 9,913,281 9,406,458###
Source: Philippine Statistics Authority
National Accounts of the Philippines Page 9
Unit: In million Philippine Pesos
As of August 2021

Table 2.2 Gross National Income and Gross Domestic Product, by Industry
Q1 2019 to Q2 2021 and Semestral 2019 to 2021
At Constant 2018 Prices

2019 2020 2021 2019 2020 2021

Industry Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Sem I Sem II Sem I Sem II Sem I

Agriculture, forestry, and fishing 440,880 409,818 400,102 533,055 439,734 416,182 404,988 519,641 434,002 415,945 850,698 933,158 855,916 924,629 849,947

Industry 1,371,605 1,509,246 1,351,150 1,655,868 1,337,330 1,180,472 1,113,357 1,480,956 1,278,649 1,425,798 2,880,851 3,007,018 2,517,802 2,594,312 2,704,447
01. Mining and quarrying 45,590 56,863 29,034 37,370 35,894 44,545 25,253 31,248 36,254 44,888 102,454 66,403 80,439 56,501 81,141
02. Manufacturing 908,331 915,460 765,770 1,030,895 878,171 721,736 686,028 980,713 882,649 882,946 1,823,791 1,796,664 1,599,907 1,666,741 1,765,595
03. Electricity, steam, water and waste management 129,544 152,196 167,020 142,552 135,882 142,477 167,303 143,428 137,399 156,464 281,740 309,572 278,359 310,730 293,863
04. Construction 288,139 384,727 389,327 445,051 287,383 271,714 234,773 325,567 222,346 341,500 672,866 834,378 559,097 560,341 563,847

Services 2,650,701 3,066,861 2,924,292 3,069,173 2,653,376 2,542,596 2,615,533 2,823,070 2,545,071 2,786,333 5,717,562 5,993,465 5,195,972 5,438,603 5,331,404
01. Wholesale and retail trade; repair
of motor vehicles and motorcycles 713,571 867,098 934,753 973,878 723,510 744,589 876,132 935,054 698,808 784,861 1,580,668 1,908,631 1,468,099 1,811,186 1,483,669
02. Transportation and storage 189,669 211,309 168,745 172,623 168,036 87,787 118,961 137,984 135,117 108,311 400,978 341,368 255,824 256,946 243,428
03. Accommodation and food service activities 106,499 98,792 106,646 113,756 89,597 32,462 48,427 61,903 69,435 49,797 205,291 220,402 122,059 110,330 119,232
04. Information and communication 131,511 140,646 120,809 164,041 137,745 155,663 124,439 167,133 146,698 177,714 272,158 284,849 293,409 291,572 324,411
05. Financial and insurance activities 409,050 442,933 411,062 413,403 445,248 464,073 428,205 431,077 464,504 483,738 851,983 824,465 909,321 859,283 948,242
06. Real estate and ownership of dwellings 296,073 315,582 329,741 297,073 287,532 221,212 266,445 252,671 253,909 258,145 611,656 626,814 508,744 519,116 512,054
07. Professional and business services 249,737 325,335 301,529 305,557 243,586 274,217 268,147 278,367 232,944 306,362 575,073 607,086 517,803 546,514 539,306
08. Public administration and defense;
compulsory social activities 181,491 238,356 203,599 248,118 191,527 255,312 213,079 251,436 205,871 265,413 419,847 451,718 446,839 464,515 471,284
09. Education 180,592 224,097 182,963 178,437 182,958 191,676 152,381 156,548 183,379 210,904 404,689 361,400 374,635 308,929 394,283
10. Human health and social work activities 78,344 86,862 76,948 81,107 80,680 73,499 74,399 82,352 91,326 82,401 165,206 158,055 154,179 156,751 173,726
11. Other services 114,163 115,851 87,496 121,181 102,956 42,105 44,918 68,544 63,079 58,688 230,014 208,677 145,061 113,462 121,767

Gross Domestic Product 4,463,186 4,985,924 4,675,544 5,258,096 4,430,440 4,139,250 4,133,878 4,823,666 4,257,722 4,628,075 9,449,110 9,933,640 8,569,690 8,957,544 8,885,797

Net primary income from the rest of the world 507,267 468,142 479,376 461,496 459,850 354,063 322,889 203,373 112,109 163,595 975,410 940,872 813,913 526,263 275,705

Gross National Income 4,970,453 5,454,067 5,154,920 5,719,592 4,890,290 4,493,313 4,456,767 5,027,040 4,369,831 4,791,671 10,424,520 10,874,513 9,383,603 9,483,807 9,161,502
Source: Philippine Statistics Authority
National Accounts of the Philippines Page 10
Unit: In Percent
As of August 2021

Table 2.3 Gross National Income and Gross Domestic Product, by Industry
Q1 2020 to Q2 2021 and Semestral 2020 to 2021
Growth Rates, at Current Prices

2019 - 2020 2020 - 2021 2019 - 2020 2020 - 2021

Industry Q1 Q2 Q3 Q4 Q1 Q2 Sem I Sem II Sem I

Agriculture, forestry, and fishing 5.2 7.1 4.8 7.1 10.0 7.6 6.1 6.1 8.9

Industry -4.0 -20.6 -21.7 -10.3 -6.0 24.1 -12.5 -15.2 8.0
01. Mining and quarrying -21.4 -28.2 -11.5 1.5 24.5 42.8 -24.9 -5.0 33.5
02. Manufacturing -6.4 -22.8 -16.4 -6.7 -1.9 23.6 -14.3 -10.6 9.1
03. Electricity, steam, water and waste management 4.4 -2.3 1.5 -0.8 -0.1 12.5 0.7 0.3 6.7
04. Construction 1.1 -23.6 -40.2 -24.5 -23.5 30.1 -13.0 -32.1 3.4

Services 2.0 -15.3 -8.4 -6.2 -1.8 12.0 -7.2 -7.2 4.9
01. Wholesale and retail trade; repair
of motor vehicles and motorcycles 1.0 -13.7 -4.8 -4.0 -2.9 7.1 -7.1 -4.4 2.2
02. Transportation and storage -11.1 -54.9 -23.2 -16.6 -13.1 31.9 -34.5 -19.9 3.4
03. Accommodation and food service activities -10.2 -64.8 -52.1 -41.0 -18.2 64.8 -35.7 -46.4 3.1
04. Information and communication 4.8 11.6 3.6 1.8 6.3 10.8 8.3 2.6 8.7
05. Financial and insurance activities 12.1 7.6 7.2 6.6 8.3 7.2 9.8 6.9 7.7
06. Real estate and ownership of dwellings 0.3 -27.5 -16.3 -12.1 -8.6 20.2 -14.0 -14.3 3.9
07. Professional and business services -0.4 -13.1 -9.2 -5.3 -3.7 14.5 -7.0 -7.2 5.1
08. Public administration and defense;
compulsory social activities 9.5 9.2 7.0 3.2 12.0 5.5 9.4 4.7 8.2
09. Education 6.3 -11.4 -15.1 -10.0 4.2 11.5 -3.7 -12.5 8.0
10. Human health and social work activities 7.6 -12.4 -0.1 5.5 18.8 15.8 -3.4 2.9 17.3
11. Other services -7.2 -62.6 -47.4 -42.4 -37.4 40.8 -35.2 -44.5 -14.5

Gross Domestic Product 0.4 -15.0 -11.1 -6.3 -1.8 14.9 -7.7 -8.5 6.2

Net primary income from the rest of the world -8.3 -23.1 -31.9 -54.9 -74.7 -52.3 -15.6 -43.1 -64.6

Gross National Income -0.4 -15.8 -13.1 -10.1 -8.6 9.3 -8.4 -11.5 0.0
Source: Philippine Statistics Authority
National Accounts of the Philippines Page 11
Unit: In Percent
As of August 2021

Table 2.4 Gross National Income and Gross Domestic Product, by Industry
Q1 2020 to Q2 2021 and Semestral 2020 to 2021
Growth Rates, at Constant 2018 Prices

2019 - 2020 2020 - 2021 2019 - 2020 2020 - 2021

Industry Q1 Q2 Q3 Q4 Q1 Q2 Sem I Sem II Sem I

Agriculture, forestry, and fishing -0.3 1.6 1.2 -2.5 -1.3 -0.1 0.6 -0.9 -0.7

Industry -2.5 -21.8 -17.6 -10.6 -4.4 20.8 -12.6 -13.7 7.4
01. Mining and quarrying -21.3 -21.7 -13.0 -16.4 1.0 0.8 -21.5 -14.9 0.9
02. Manufacturing -3.3 -21.2 -10.4 -4.9 0.5 22.3 -12.3 -7.2 10.4
03. Electricity, steam, water and waste management 4.9 -6.4 0.2 0.6 1.1 9.8 -1.2 0.4 5.6
04. Construction -0.3 -29.4 -39.7 -26.8 -22.6 25.7 -16.9 -32.8 0.8

Services 0.1 -17.1 -10.6 -8.0 -4.1 9.6 -9.1 -9.3 2.6
01. Wholesale and retail trade; repair
of motor vehicles and motorcycles 1.4 -14.1 -6.3 -4.0 -3.4 5.4 -7.1 -5.1 1.1
02. Transportation and storage -11.4 -58.5 -29.5 -20.1 -19.6 23.4 -36.2 -24.7 -4.8
03. Accommodation and food service activities -15.9 -67.1 -54.6 -45.6 -22.5 53.4 -40.5 -49.9 -2.3
04. Information and communication 4.7 10.7 3.0 1.9 6.5 14.2 7.8 2.4 10.6
05. Financial and insurance activities 8.8 4.8 4.2 4.3 4.3 4.2 6.7 4.2 4.3
06. Real estate and ownership of dwellings -2.9 -29.9 -19.2 -14.9 -11.7 16.7 -16.8 -17.2 0.7
07. Professional and business services -2.5 -15.7 -11.1 -8.9 -4.4 11.7 -10.0 -10.0 4.2
08. Public administration and defense;
compulsory social activities 5.5 7.1 4.7 1.3 7.5 4.0 6.4 2.8 5.5
09. Education 1.3 -14.5 -16.7 -12.3 0.2 10.0 -7.4 -14.5 5.2
10. Human health and social work activities 3.0 -15.4 -3.3 1.5 13.2 12.1 -6.7 -0.8 12.7
11. Other services -9.8 -63.7 -48.7 -43.4 -38.7 39.4 -36.9 -45.6 -16.1

Gross Domestic Product -0.7 -17.0 -11.6 -8.3 -3.9 11.8 -9.3 -9.8 3.7

Net primary income from the rest of the world -9.3 -24.4 -32.6 -55.9 -75.6 -53.8 -16.6 -44.1 -66.1

Gross National Income -1.6 -17.6 -13.5 -12.1 -10.6 6.6 -10.0 -12.8 -2.4
Source: Philippine Statistics Authority
National Accounts of the Philippines Page 12
As of August 2021

Table 2.5 Gross National Income and Gross Domestic Product, by Industry
Q1 2019 to Q2 2021 and Semestral 2019 to 2021
Implicit Price Index

2019 2020 2021 2019 2020 2021

Industry Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Sem I Sem II Sem I Sem II Sem I

Agriculture, forestry, and fishing 95.5 96.6 97.8 96.3 100.7 101.9 101.3 105.9 112.2 109.7 96.0 97.0 101.2 103.9 111.0

Industry 100.0 95.5 99.4 106.5 98.4 97.0 94.4 106.8 96.8 99.7 97.7 103.3 97.8 101.5 98.3
01. Mining and quarrying 93.6 79.5 128.1 97.9 93.4 72.8 130.3 118.9 115.2 103.2 85.8 111.1 82.0 124.0 108.6
02. Manufacturing 96.8 88.1 100.5 112.4 93.7 86.2 93.7 110.3 91.5 87.1 92.4 107.3 90.3 103.5 89.3
03. Electricity, steam, water and waste management 114.4 123.0 79.1 98.5 113.9 128.3 80.2 97.1 112.5 131.5 119.0 88.0 121.3 88.0 122.6
04. Construction 104.8 104.6 103.7 96.0 106.3 113.2 102.8 99.2 105.1 117.2 104.7 99.6 109.6 100.7 112.4

Services 99.3 98.8 102.3 105.0 101.3 100.9 104.8 107.1 103.7 103.1 99.0 103.7 101.1 106.0 103.4
01. Wholesale and retail trade; repair
of motor vehicles and motorcycles 100.7 100.5 100.9 101.1 100.2 101.0 102.5 101.2 100.8 102.7 100.6 101.0 100.6 101.8 101.8
02. Transportation and storage 97.7 100.2 108.0 103.4 98.0 108.7 117.7 107.8 105.9 116.3 99.0 105.6 101.7 112.4 110.5
03. Accommodation and food service activities 103.2 97.7 102.2 102.2 110.2 104.8 107.8 110.9 116.4 112.6 100.6 102.2 108.8 109.5 114.8
04. Information and communication 98.8 99.8 104.9 101.0 98.8 100.6 105.5 100.9 98.7 97.7 99.3 102.7 99.8 102.9 98.1
05. Financial and insurance activities 99.4 100.1 100.0 101.7 102.4 102.8 103.0 104.0 106.3 105.7 99.8 100.9 102.6 103.5 106.0
06. Real estate and ownership of dwellings 101.1 101.2 101.0 102.3 104.5 104.7 104.6 105.8 108.2 107.8 101.2 101.6 104.6 105.2 108.0
07. Professional and business services 109.5 90.6 106.0 108.6 111.8 93.4 108.2 112.9 112.6 95.7 98.8 107.3 102.1 110.6 103.0
08. Public administration and defense;
compulsory social activities 87.3 96.3 101.0 119.7 90.7 98.2 103.2 121.9 94.5 99.6 92.4 111.3 95.0 113.3 97.4
09. Education 91.7 96.9 104.1 115.2 96.2 100.4 106.2 118.1 100.0 101.7 94.6 109.6 98.4 112.2 101.0
10. Human health and social work activities 89.9 98.3 105.0 114.9 93.9 101.8 108.6 119.4 98.6 105.1 94.3 110.1 97.7 114.2 101.7
11. Other services 101.4 102.6 103.1 103.7 104.3 105.6 105.7 105.6 106.5 106.7 102.0 103.5 104.7 105.6 106.6

Gross Domestic Product 99.2 97.6 101.1 104.6 100.3 99.9 101.7 106.9 102.5 102.6 98.3 102.9 100.1 104.5 102.6

Net primary income from the rest of the world 97.6 103.3 104.5 102.9 98.8 105.0 105.7 105.2 102.6 108.4 100.3 103.7 101.5 105.5 106.1

Gross National Income 99.0 98.1 101.4 104.5 100.2 100.3 102.0 106.8 102.5 102.8 98.5 103.0 100.2 104.5 102.7
Source: Philippine Statistics Authority
National Accounts of the Philippines Page 13
Unit: In Percent
As of August 2021

Table 2.6 Gross National Income and Gross Domestic Product by Industry
Q1 2019 to Q2 2021 and Semestral 2019 to 2021
Percent Share to GDP and GNI, at Current Prices

2019 2020 2021 2019 2020 2021

Industry Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Sem I Sem II Sem I Sem II Sem I

Agriculture, forestry, and fishing 9.5 8.1 8.3 9.3 10.0 10.3 9.8 10.7 11.2 9.6 8.8 8.8 10.1 10.3 10.4
###

Industry 31.0 29.6 28.4 32.1 29.6 27.7 25.0 30.7 28.4 29.9 30.3 30.4 28.7 28.1 29.2
###
01. Mining and quarrying 1.0 0.9 0.8 0.7 0.8 0.8 0.8 0.7 1.0 1.0 0.9 0.7 0.8 0.7 1.0
###
02. Manufacturing 19.9 16.6 16.3 21.1 18.5 15.1 15.3 21.0 18.5 16.2 18.1 18.9 16.8 18.4 17.3
###
03. Electricity, steam, water and waste management 3.3 3.8 2.8 2.6 3.5 4.4 3.2 2.7 3.5 4.3 3.6 2.7 3.9 2.9 4.0
###
04. Construction 6.8 8.3 8.5 7.8 6.9 7.4 5.7 6.3 5.4 8.4 7.6 8.1 7.1 6.0 7.0
###

Services 59.5 62.2 63.3 58.6 60.4 62.0 65.2 58.7 60.5 60.5 60.9 60.8 61.2 61.6 60.5
###
01. Wholesale and retail trade; repair
of motor vehicles and motorcycles 16.2 17.9 20.0 17.9 16.3 18.2 21.4 18.3 16.1 17.0 17.1 18.9 17.2 19.7 16.6
###
02. Transportation and storage 4.2 4.4 3.9 3.2 3.7 2.3 3.3 2.9 3.3 2.7 4.3 3.5 3.0 3.1 3.0
###
03. Accommodation and food service activities 2.5 2.0 2.3 2.1 2.2 0.8 1.2 1.3 1.9 1.2 2.2 2.2 1.5 1.3 1.5
###
04. Information and communication 2.9 2.9 2.7 3.0 3.1 3.8 3.1 3.3 3.3 3.7 2.9 2.9 3.4 3.2 3.5
###
05. Financial and insurance activities 9.2 9.1 8.7 7.6 10.3 11.5 10.5 8.7 11.3 10.8 9.1 8.1 10.9 9.5 11.0
###
06. Real estate and ownership of dwellings 6.8 6.6 7.0 5.5 6.8 5.6 6.6 5.2 6.3 5.9 6.7 6.2 6.2 5.8 6.1
###
07. Professional and business services 6.2 6.1 6.8 6.0 6.1 6.2 6.9 6.1 6.0 6.2 6.1 6.4 6.2 6.5 6.1
###
08. Public administration and defense;
compulsory social activities 3.6 4.7 4.4 5.4 3.9 6.1 5.2 5.9 4.5 5.6 4.2 4.9 4.9 5.6 5.0
###
09. Education 3.7 4.5 4.0 3.7 4.0 4.7 3.8 3.6 4.2 4.5 4.1 3.9 4.3 3.7 4.4
###
10. Human health and social work activities 1.6 1.8 1.7 1.7 1.7 1.8 1.9 1.9 2.1 1.8 1.7 1.7 1.8 1.9 1.9
###
11. Other services 2.6 2.4 1.9 2.3 2.4 1.1 1.1 1.4 1.5 1.3 2.5 2.1 1.8 1.3 1.4
###

Gross Domestic Product 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0
###

GDP share to GNI 89.9 91.0 90.4 92.1 90.7 91.7 92.5 96.0 97.4 96.4 90.5 91.3 91.2 94.4 96.9
###
Net primary income from the rest of the world 10.1 9.0 9.6 7.9 9.3 8.3 7.5 4.0 2.6 3.6 9.5 8.7 8.8 5.6 3.1
###

Gross National Income 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0
###
Source: Philippine Statistics Authority
National Accounts of the Philippines Page 14
Unit: In Percent
As of August 2021

Table 2.7 Gross National Income and Gross Domestic Product, by Industry
Q1 2019 to Q2 2021 and Semestral 2019 to 2021
Percent Share to GDP and GNI, at Constant 2018 Prices

2019 2020 2021 2019 2020 2021

Industry Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Sem I Sem II Sem I Sem II Sem I

Agriculture, forestry, and fishing 9.9 8.2 8.6 10.1 9.9 10.1 9.8 10.8 10.2 9.0 9.0 9.4 10.0 10.3 9.6

Industry 30.7 30.3 28.9 31.5 30.2 28.5 26.9 30.7 30.0 30.8 30.5 30.3 29.4 29.0 30.4
01. Mining and quarrying 1.0 1.1 0.6 0.7 0.8 1.1 0.6 0.6 0.9 1.0 1.1 0.7 0.9 0.6 0.9
02. Manufacturing 20.4 18.4 16.4 19.6 19.8 17.4 16.6 20.3 20.7 19.1 19.3 18.1 18.7 18.6 19.9
03. Electricity, steam, water and waste management 2.9 3.1 3.6 2.7 3.1 3.4 4.0 3.0 3.2 3.4 3.0 3.1 3.2 3.5 3.3
04. Construction 6.5 7.7 8.3 8.5 6.5 6.6 5.7 6.7 5.2 7.4 7.1 8.4 6.5 6.3 6.3

Services 59.4 61.5 62.5 58.4 59.9 61.4 63.3 58.5 59.8 60.2 60.5 60.3 60.6 60.7 60.0
01. Wholesale and retail trade; repair
of motor vehicles and motorcycles 16.0 17.4 20.0 18.5 16.3 18.0 21.2 19.4 16.4 17.0 16.7 19.2 17.1 20.2 16.7
02. Transportation and storage 4.2 4.2 3.6 3.3 3.8 2.1 2.9 2.9 3.2 2.3 4.2 3.4 3.0 2.9 2.7
03. Accommodation and food service activities 2.4 2.0 2.3 2.2 2.0 0.8 1.2 1.3 1.6 1.1 2.2 2.2 1.4 1.2 1.3
04. Information and communication 2.9 2.8 2.6 3.1 3.1 3.8 3.0 3.5 3.4 3.8 2.9 2.9 3.4 3.3 3.7
05. Financial and insurance activities 9.2 8.9 8.8 7.9 10.0 11.2 10.4 8.9 10.9 10.5 9.0 8.3 10.6 9.6 10.7
06. Real estate and ownership of dwellings 6.6 6.3 7.1 5.6 6.5 5.3 6.4 5.2 6.0 5.6 6.5 6.3 5.9 5.8 5.8
07. Professional and business services 5.6 6.5 6.4 5.8 5.5 6.6 6.5 5.8 5.5 6.6 6.1 6.1 6.0 6.1 6.1
08. Public administration and defense;
compulsory social activities 4.1 4.8 4.4 4.7 4.3 6.2 5.2 5.2 4.8 5.7 4.4 4.5 5.2 5.2 5.3
09. Education 4.0 4.5 3.9 3.4 4.1 4.6 3.7 3.2 4.3 4.6 4.3 3.6 4.4 3.4 4.4
10. Human health and social work activities 1.8 1.7 1.6 1.5 1.8 1.8 1.8 1.7 2.1 1.8 1.7 1.6 1.8 1.7 2.0
11. Other services 2.6 2.3 1.9 2.3 2.3 1.0 1.1 1.4 1.5 1.3 2.4 2.1 1.7 1.3 1.4

Gross Domestic Product 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0

GDP share to GNI 89.8 91.4 90.7 91.9 90.6 92.1 92.8 96.0 97.4 96.6 90.6 91.3 91.3 94.5 97.0
Net primary income from the rest of the world 10.2 8.6 9.3 8.1 9.4 7.9 7.2 4.0 2.6 3.4 9.4 8.7 8.7 5.5 3.0

Gross National Income 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0
Source: Philippine Statistics Authority
National Accounts of the Philippines Page 15
Unit: In million Philippine Pesos
As of August 2021

Table 3.1 Net Primary Income From the Rest of the World
Q1 2019 to Q2 2021 and Semestral 2019 to 2021
At Current Prices

2019 2020 2021 2019 2020 2021

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Sem I Sem II Sem I Sem II Sem I

Total inflow 651,796 659,574 681,985 678,285 638,723 495,916 466,948 317,680 217,220 258,323 1,311,371 1,360,271 1,134,639 784,628 475,542
Compensation 594,043 598,912 626,338 611,335 587,972 462,513 418,985 271,089 191,003 217,489 1,192,955 1,237,673 1,050,485 690,074 408,493
Property income 57,753 60,662 55,647 66,951 50,751 33,403 47,963 46,591 26,216 40,833 118,415 122,598 84,154 94,554 67,050

Total outflow 156,543 176,032 181,235 203,635 184,594 123,975 125,790 103,643 102,220 80,906 332,575 384,870 308,569 229,432 183,126
Compensation 62,598 67,833 80,368 95,748 90,382 47,238 34,619 20,749 8,626 10,882 130,431 176,116 137,621 55,368 19,508
Property expense 93,945 108,199 100,866 107,887 94,212 76,737 91,171 82,893 93,594 70,024 202,144 208,754 170,949 174,064 163,618

Net Primary Income From the Rest of the World 495,253 483,543 500,751 474,650 454,129 371,940 341,158 214,037 115,000 177,417 978,796 975,401 826,070 555,195 292,416
Source: Philippine Statistics Authority

National Accounts of the Philippines

Unit: In million Philippine Pesos
As of August 2021

Table 3.2 Net Primary Income From the Rest of the World
Q1 2019 to Q2 2021 and Semestral 2019 to 2021
At Constant 2018 Prices

2019 2020 2021 2019 2020 2021

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Sem I Sem II Sem I Sem II Sem I

Total inflow 663,937 639,419 655,580 661,707 641,118 472,672 443,187 302,431 211,240 238,416 1,303,356 1,317,287 1,113,790 745,618 449,656
Compensation 604,880 580,347 601,859 596,197 589,978 440,688 397,475 257,951 185,650 200,572 1,185,227 1,198,056 1,030,666 655,426 386,222
Property income 59,056 59,073 53,721 65,510 51,140 31,984 45,712 44,481 25,590 37,844 118,129 119,230 83,124 90,192 63,433

Total outflow 156,669 171,277 176,204 200,211 181,268 118,609 120,298 99,058 99,131 74,820 327,946 376,415 299,877 219,356 173,951
Compensation 60,846 66,217 79,080 94,817 86,573 45,342 33,630 20,048 8,003 10,110 127,063 173,897 131,915 53,678 18,113
Property expense 95,823 105,061 97,123 105,394 94,695 73,266 86,668 79,010 91,127 64,710 200,884 202,518 167,962 165,678 155,837

Net Primary Income From the Rest of the World 507,267 468,142 479,376 461,496 459,850 354,063 322,889 203,373 112,109 163,595 975,410 940,872 813,913 526,263 275,705
Source: Philippine Statistics Authority
National Accounts of the Philippines Page 16
Unit: In Percent
As of August 2021

Table 3.3 Net Primary Income From the Rest of the World
Q1 2020 to Q2 2021 and Semestral 2020 to 2021
Growth Rates, at Current Prices

2019 - 2020 2020 - 2021 2019 - 2020 2020 - 2021

Q1 Q2 Q3 Q4 Q1 Q2 Sem I Sem II Sem I

Total inflow -2.0 -24.8 -31.5 -53.2 -66.0 -47.9 -13.5 -42.3 -58.1
Compensation -1.0 -22.8 -33.1 -55.7 -67.5 -53.0 -11.9 -44.2 -61.1
Property income -12.1 -44.9 -13.8 -30.4 -48.3 22.2 -28.9 -22.9 -20.3

Total outflow 17.9 -29.6 -30.6 -49.1 -44.6 -34.7 -7.2 -40.4 -40.7
Compensation 44.4 -30.4 -56.9 -78.3 -90.5 -77.0 5.5 -68.6 -85.8
Property expense 0.3 -29.1 -9.6 -23.2 -0.7 -8.7 -15.4 -16.6 -4.3

Net Primary Income From the Rest of the World -8.3 -23.1 -31.9 -54.9 -74.7 -52.3 -15.6 -43.1 -64.6
Source: Philippine Statistics Authority

National Accounts of the Philippines

Unit: In Percent
As of August 2021

Table 3.4 Net Primary Income From the Rest of the World
Q1 2020 to Q2 2021 and Semestral 2020 to 2021
Growth Rates, at Constant 2018 Prices

2019 - 2020 2020 - 2021 2019 - 2020 2020 - 2021

Q1 Q2 Q3 Q4 Q1 Q2 Sem I Sem II Sem I

Total inflow -3.4 -26.1 -32.4 -54.3 -67.1 -49.6 -14.5 -43.4 -59.6
Compensation -2.5 -24.1 -34.0 -56.7 -68.5 -54.5 -13.0 -45.3 -62.5
Property income -13.4 -45.9 -14.9 -32.1 -50.0 18.3 -29.6 -24.4 -23.7

Total outflow 15.7 -30.8 -31.7 -50.5 -45.3 -36.9 -8.6 -41.7 -42.0
Compensation 42.3 -31.5 -57.5 -78.9 -90.8 -77.7 3.8 -69.1 -86.3
Property expense -1.2 -30.3 -10.8 -25.0 -3.8 -11.7 -16.4 -18.2 -7.2

Net Primary Income From the Rest of the World -9.3 -24.4 -32.6 -55.9 -75.6 -53.8 -16.6 -44.1 -66.1
Source: Philippine Statistics Authority
National Accounts of the Philippines Page 17
As of August 2021

Table 3.5 Net Primary Income From the Rest of the World
Q1 2019 to Q2 2021 and Semestral 2019 to 2021
Implicit Price Index

2019 2020 2021 2019 2020 2021

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Sem I Sem II Sem I Sem II Sem I

Total inflow 98.2 103.2 104.0 102.5 99.6 104.9 105.4 105.0 102.8 108.3 100.6 103.3 101.9 105.2 105.8
Compensation 98.2 103.2 104.1 102.5 99.7 105.0 105.4 105.1 102.9 108.4 100.7 103.3 101.9 105.3 105.8
Property income 97.8 102.7 103.6 102.2 99.2 104.4 104.9 104.7 102.4 107.9 100.2 102.8 101.2 104.8 105.7

Total outflow 99.9 102.8 102.9 101.7 101.8 104.5 104.6 104.6 103.1 108.1 101.4 102.2 102.9 104.6 105.3
Compensation 102.9 102.4 101.6 101.0 104.4 104.2 102.9 103.5 107.8 107.6 102.7 101.3 104.3 103.1 107.7
Property expense 98.0 103.0 103.9 102.4 99.5 104.7 105.2 104.9 102.7 108.2 100.6 103.1 101.8 105.1 105.0

Net Primary Income From the Rest of the World 97.6 103.3 104.5 102.9 98.8 105.0 105.7 105.2 102.6 108.4 100.3 103.7 101.5 105.5 106.1
Source: Philippine Statistics Authority
National Accounts of the Philippines Page 18
Unit: In Philippine Peso
As of August 2021

Table 4.1 Per Capita: Gross Domestic Product, Gross National Income, and Household Final Consumption Expenditure
Q1 2019 to Q2 2021 and Semestral 2019 to 2021

2019 2020 2021 2019 2020 2021

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Sem I Sem II Sem I Sem II Sem I

At current prices
Per Capita Gross Domestic Product 41,548 45,516 44,049 51,085 41,152 38,142 38,640 47,238 39,852 43,245 86,918 94,982 79,154 85,750 82,970
Per Capita Gross National Income 46,198 50,039 48,716 55,494 45,356 41,573 41,776 49,199 40,902 44,860 96,074 104,041 86,774 90,838 85,632
Per Capita Household Final Consumption Expenditure 31,361 32,736 32,274 37,016 31,679 28,071 29,521 34,839 31,032 30,894 63,987 69,178 59,642 64,263 61,828

At constant 2018 prices

Per Capita Gross Domestic Product 41,897 46,638 43,579 48,839 41,010 38,184 38,005 44,200 38,884 42,132 88,387 92,268 79,054 82,080 80,892
Per Capita Gross National Income 46,659 51,017 48,047 53,126 45,266 41,450 40,973 46,064 39,908 43,621 97,511 101,007 86,562 86,902 83,402
Per Capita Household Final Consumption Expenditure 31,060 32,231 31,105 36,557 30,679 26,923 27,864 33,446 28,831 28,489 63,181 67,555 57,497 61,218 57,229

Source: Philippine Statistics Authority

National Accounts of the Philippines

Unit: In Percent
As of August 2021

Table 4.2 Per Capita: Gross Domestic Product, Gross National Income, and Household Final Consumption Expenditure
Q1 2020 to Q2 2021 and Semestral 2020 to 2021
Growth rates

2019 - 2020 2020 - 2021 2019 - 2020 2020 - 2021

Q1 Q2 Q3 Q4 Q1 Q2 Sem I Sem II Sem I

At current prices
Per Capita Gross Domestic Product -1.0 -16.2 -12.3 -7.5 -3.2 13.4 -8.9 -9.7 4.8
Per Capita Gross National Income -1.8 -16.9 -14.2 -11.3 -9.8 7.9 -9.7 -12.7 -1.3
Per Capita Household Final Consumption Expenditure 1.0 -14.3 -8.5 -5.9 -2.0 10.1 -6.8 -7.1 3.7

At constant 2018 prices

Per Capita Gross Domestic Product -2.1 -18.1 -12.8 -9.5 -5.2 10.3 -10.6 -11.0 2.3
Per Capita Gross National Income -3.0 -18.8 -14.7 -13.3 -11.8 5.2 -11.2 -14.0 -3.7
Per Capita Household Final Consumption Expenditure -1.2 -16.5 -10.4 -8.5 -6.0 5.8 -9.0 -9.4 -0.5

Source: Philippine Statistics Authority