National Accounts

Gross domestic product expenditure, chained volume at previous year prices, linked series, reference 2018 (billions of chained-pesos)
Sel. Serie I.2013 II.2013 III.2013 IV.2013 I.2014 II.2014 III.2014 IV.2014 I.2015 II.2015 III.2015 IV.2015 I.2016 II.2016 III.2016 IV.2016 I.2017 II.2017 III.2017 IV.2017 I.2018 II.2018 III.2018 IV.2018 I.2019 II.2019 III.2019 IV.2019 I.2020 II.2020 III.2020 IV.2020 I.2021 II.2021 III.2021 IV.2021 I.2022 II.2022 III.2022 IV.2022 I.2023 II.2023 III.2023 IV.2023 I.2024 II.2024 III.2024
Domestic demand 41,423 42,497 41,812 44,643 41,325 42,110 41,301 44,743 41,946 42,956 43,193 45,880 43,217 43,758 43,854 46,473 44,294 45,318 44,452 48,332 45,990 48,181 46,574 50,810 47,109 49,055 47,798 49,198 45,586 38,762 42,272 48,421 48,564 50,658 53,850 59,310 54,127 54,759 53,296 55,079 50,293 52,460 51,617 53,676 51,276 51,699 51,856
Total consumption 28,056 31,040 30,633 33,540 29,259 31,905 31,196 34,209 29,963 32,671 32,159 35,383 31,210 33,999 33,638 36,636 32,526 35,253 34,717 38,083 33,726 36,884 35,813 39,282 34,703 37,772 36,819 37,442 33,838 30,087 33,860 39,210 35,742 40,214 41,828 45,941 40,721 42,796 41,127 43,297 38,353 40,813 39,785 42,441 38,975 41,134 40,518
   Personal households and NPISHs 23,653 25,129 25,067 27,178 24,636 25,764 25,459 27,561 25,194 26,319 26,083 28,299 26,112 26,989 26,986 29,304 27,160 27,934 27,850 30,333 28,142 29,282 28,759 31,378 28,952 29,992 29,489 29,992 28,238 23,178 26,839 31,392 29,845 31,922 34,030 36,865 34,000 33,752 32,874 34,214 31,298 31,743 31,416 33,370 31,674 31,956 31,716
      Durable Goods 2,062 2,246 2,314 2,684 2,139 2,188 2,064 2,414 2,032 2,142 2,147 2,595 2,212 2,220 2,254 2,718 2,447 2,491 2,537 2,966 2,587 2,787 2,640 3,067 2,603 2,756 2,581 2,643 2,302 1,804 3,207 3,660 3,482 4,193 3,945 4,124 3,588 3,456 2,982 3,151 2,542 2,431 2,549 2,868 2,582 2,682 2,603
      Non-durable Goods 10,202 10,452 10,575 11,852 10,744 10,885 10,939 12,246 11,127 11,121 11,102 12,524 11,434 11,321 11,399 12,909 11,799 11,754 11,815 13,338 12,175 12,158 12,010 13,539 12,196 12,196 12,215 13,178 12,499 10,504 12,167 14,573 13,311 13,775 15,160 16,521 15,041 14,124 13,963 14,716 13,236 13,039 12,854 14,009 13,289 12,973 12,993
      Services 11,404 12,438 12,177 12,624 11,770 12,711 12,488 12,918 12,066 13,097 12,870 13,173 12,487 13,488 13,367 13,670 12,922 13,705 13,506 14,012 13,385 14,334 14,112 14,768 14,153 15,040 14,693 14,171 13,430 10,862 11,505 13,204 13,081 13,990 14,957 16,251 15,413 16,239 15,996 16,410 15,588 16,363 16,104 16,570 15,874 16,410 16,217
   Government Consumption 4,361 5,908 5,552 6,358 4,580 6,141 5,726 6,651 4,733 6,352 6,070 7,091 5,060 7,027 6,658 7,342 5,334 7,336 6,872 7,763 5,564 7,612 7,057 7,911 5,751 7,780 7,330 7,450 5,631 6,872 7,005 7,809 6,002 8,259 7,839 9,074 6,758 9,065 8,277 9,105 7,044 9,166 8,429 9,146 7,305 9,272 8,879
Gross capital formation 13,419 11,461 11,180 11,087 12,090 10,184 10,086 10,504 11,975 10,272 11,022 10,481 11,983 9,761 10,212 9,844 11,758 10,063 9,733 10,248 12,273 11,295 10,758 11,523 12,406 11,283 10,978 11,756 11,729 8,691 8,454 9,270 12,814 10,482 12,047 13,395 13,377 12,013 12,191 11,844 11,913 11,698 11,846 11,354 12,306 10,648 11,390
Gross fixed Capital Formation 10,967 11,319 11,291 11,647 10,794 10,739 10,235 11,623 10,449 10,392 10,934 11,662 10,743 10,319 10,172 11,178 10,055 9,799 9,792 11,356 10,711 10,578 10,388 11,988 11,060 11,000 11,122 12,440 11,123 8,822 9,394 11,340 11,258 10,690 12,022 13,201 11,836 11,697 12,279 13,210 12,285 11,811 11,920 12,463 11,579 11,442 11,898
   Construction and other investment works 7,234 7,187 7,053 7,726 7,201 6,962 6,719 7,517 7,214 7,172 7,238 7,774 7,319 6,982 6,937 7,501 6,847 6,459 6,338 7,363 7,173 6,750 6,649 7,630 7,421 7,181 7,144 7,919 7,829 6,024 5,634 7,177 7,146 6,823 7,424 8,044 7,559 7,237 7,591 8,244 7,624 7,254 7,480 7,972 7,541 7,196 7,401
   Machinery and Equipment 3,744 4,141 4,247 3,932 3,604 3,787 3,526 4,116 3,264 3,249 3,710 3,907 3,451 3,358 3,262 3,693 3,233 3,345 3,449 3,988 3,547 3,825 3,737 4,354 3,639 3,820 3,979 4,521 3,321 2,811 3,740 4,154 4,086 3,847 4,546 5,086 4,247 4,414 4,639 4,920 4,611 4,501 4,402 4,470 4,021 4,210 4,454
Exports of Goods and Services 12,658 13,692 12,968 13,390 13,244 13,556 12,562 13,592 13,253 12,792 12,290 13,383 13,423 12,911 12,459 13,235 12,729 12,376 12,775 13,646 13,817 13,379 12,938 13,910 13,476 12,809 13,043 13,338 13,732 13,090 12,103 13,261 13,011 12,731 12,266 13,377 12,854 12,659 12,720 13,544 13,179 12,383 12,673 13,377 13,676 13,179 13,487
   Exports of Goods 10,868 12,133 11,293 11,694 11,491 12,006 11,189 12,097 11,770 11,448 10,880 11,797 11,826 11,655 11,010 11,625 11,047 10,998 11,209 12,002 12,140 11,995 11,439 12,351 11,917 11,459 11,576 11,899 12,325 12,235 11,293 12,345 12,088 11,924 11,350 12,328 11,729 11,575 11,459 12,210 11,740 11,221 11,436 12,047 12,062 11,796 11,963
      Agriculture -Forestry-Fishery 1,109 1,303 499 409 1,096 1,056 430 471 1,312 976 483 432 1,272 1,115 588 716 1,339 1,003 573 568 1,604 1,161 666 645 1,624 1,111 716 722 1,681 954 628 786 2,044 919 731 778 2,061 1,058 689 929 2,158 910 734 757 2,339 979 727
      Mining 5,458 6,521 6,467 6,766 6,270 6,382 6,193 6,793 6,149 6,453 6,018 6,904 6,270 6,086 5,950 6,420 5,247 5,765 6,022 6,917 5,853 6,297 6,107 6,857 5,689 5,989 6,259 6,565 6,125 6,295 6,270 6,763 5,702 6,247 6,146 6,645 5,527 5,900 5,858 6,515 5,547 5,828 5,703 6,321 5,696 6,192 6,169
         Copper 4,945 5,953 5,863 6,186 5,721 5,830 5,610 6,180 5,605 5,881 5,438 6,316 5,760 5,491 5,440 5,795 4,698 5,212 5,512 6,321 5,320 5,710 5,542 6,270 5,252 5,521 5,809 5,997 5,563 5,589 5,645 6,072 5,141 5,596 5,431 5,873 4,955 5,146 5,119 5,669 4,954 5,053 5,036 5,567 4,981 5,261 5,478
         Other mining 514 567 604 578 548 551 584 613 542 570 587 581 498 606 504 636 550 553 510 597 533 589 567 583 437 468 449 569 561 704 623 689 558 652 723 780 569 779 761 874 651 763 699 782 729 895 734
      Manufacturing industry 4,378 4,348 4,368 4,561 4,161 4,628 4,633 4,895 4,287 4,046 4,462 4,571 4,246 4,425 4,523 4,545 4,329 4,206 4,683 4,641 4,636 4,516 4,700 4,882 4,604 4,360 4,602 4,611 4,457 4,999 4,437 4,830 4,327 4,790 4,483 4,927 4,476 4,673 4,933 4,681 4,484 4,466 4,983 4,875 4,369 4,626 5,051
   Exports of Services 1,786 1,575 1,679 1,702 1,755 1,564 1,389 1,512 1,498 1,361 1,423 1,599 1,602 1,291 1,457 1,612 1,668 1,394 1,566 1,647 1,679 1,383 1,499 1,559 1,559 1,350 1,467 1,440 1,410 870 823 930 930 808 926 1,062 1,179 1,131 1,347 1,423 1,556 1,231 1,318 1,420 1,739 1,481 1,638
Imports of Goods and Services, 12,672 13,364 13,641 13,157 12,197 12,182 12,258 12,721 11,837 11,455 12,831 12,813 11,956 11,773 12,905 12,875 12,504 12,491 13,067 13,652 13,292 13,845 14,325 14,702 13,516 13,585 14,200 13,888 12,388 10,822 12,156 13,021 14,285 14,669 16,793 18,070 16,540 16,377 16,432 15,443 13,703 14,364 14,743 14,199 13,873 13,940 14,968
   Imports of Goods 10,688 11,398 11,631 11,135 10,200 10,200 10,540 10,871 9,995 9,622 10,962 10,957 10,058 9,966 11,042 10,965 10,526 10,645 11,305 11,614 11,199 11,824 12,267 12,591 11,378 11,460 12,141 11,884 10,533 9,517 10,750 11,481 12,741 13,122 15,162 16,243 14,592 14,307 14,381 12,773 11,584 12,308 12,673 12,107 11,707 11,920 12,912
      Agriculture - Forestry - Fishery 150 125 170 195 146 99 188 217 176 112 191 200 137 154 210 188 188 147 226 207 208 204 227 234 231 184 247 213 227 214 324 289 238 238 290 273 212 251 248 243 225 209 257 223 232 217 278
      Mining 1,103 1,240 1,110 1,053 999 1,170 1,123 1,106 1,034 1,086 1,018 996 1,069 1,144 1,108 1,123 1,109 1,162 1,056 1,116 1,075 1,175 1,070 1,247 1,056 1,268 1,250 1,195 1,275 944 1,038 1,082 1,198 1,215 1,375 1,080 1,064 986 1,112 881 1,063 1,051 1,059 1,023 981 1,042 1,129
      Manufacturing industry 9,439 10,026 10,378 9,912 9,073 8,912 9,221 9,550 8,786 8,409 9,777 9,788 8,878 8,712 9,734 9,671 9,253 9,373 10,006 10,284 9,918 10,453 10,955 11,117 10,091 10,008 10,644 10,476 9,036 8,356 9,380 10,104 11,278 11,636 13,450 14,740 13,274 13,025 12,967 11,605 10,144 10,932 11,239 10,748 10,380 10,536 11,362
   Imports of Services 1,990 1,958 2,002 2,024 2,013 1,996 1,699 1,839 1,845 1,841 1,859 1,846 1,898 1,806 1,859 1,907 1,971 1,846 1,769 2,037 2,089 2,022 2,060 2,112 2,138 2,125 2,059 2,005 1,856 1,319 1,424 1,558 1,578 1,585 1,686 1,880 2,001 2,125 2,106 2,737 2,202 2,121 2,133 2,165 2,237 2,089 2,128
Gross Domestic Product 41,322 42,736 41,002 44,804 42,332 43,462 41,538 45,577 43,387 44,352 42,480 46,410 44,668 44,912 43,328 46,818 44,503 45,216 44,132 48,316 46,512 47,708 45,203 50,013 47,070 48,278 46,641 48,648 46,960 41,059 42,222 48,684 47,210 48,574 49,082 54,338 50,186 50,709 49,344 53,066 50,331 50,510 49,625 53,284 51,582 51,307 50,743