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 IV.2024
Domestic demand 41,424 42,497 41,812 44,642 41,325 42,110 41,301 44,743 41,945 42,955 43,193 45,881 43,216 43,757 43,854 46,474 44,294 45,319 44,452 48,332 45,988 48,173 46,566 50,827 47,136 49,041 47,767 49,216 45,620 38,771 42,257 48,392 48,607 50,640 53,801 59,300 53,951 54,697 53,321 55,301 49,781 52,624 52,263 54,541 51,149 51,813 52,165 56,894
Total consumption 28,056 31,040 30,633 33,540 29,258 31,905 31,196 34,210 29,962 32,670 32,159 35,385 31,210 33,999 33,639 36,636 32,524 35,252 34,717 38,086 33,735 36,887 35,807 39,276 34,724 37,770 36,809 37,433 33,883 30,089 33,844 39,178 35,713 40,183 41,776 45,891 40,461 42,740 41,057 43,347 38,240 40,917 39,818 42,685 38,812 41,288 40,699 43,198
   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 30,334 28,151 29,285 28,754 31,372 28,970 29,991 29,483 29,981 28,277 23,179 26,828 31,363 29,818 31,893 33,976 36,810 33,766 33,722 32,847 34,233 31,241 31,869 31,404 33,496 31,455 32,006 31,733 34,159
      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 3,483 4,195 3,946 4,119 3,621 3,461 2,994 3,047 2,620 2,488 2,390 2,775 2,476 2,610 2,537 3,047
      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 11,435 11,321 11,399 12,908 11,797 11,753 11,815 13,341 12,175 12,158 12,010 13,538 12,197 12,196 12,215 13,178 12,500 10,504 12,167 14,572 13,304 13,768 15,163 16,531 14,860 14,128 13,967 14,858 13,187 13,107 12,983 14,279 13,295 13,075 13,136 14,453
      Services 11,404 12,438 12,177 12,624 11,769 12,711 12,488 12,918 12,066 13,097 12,870 13,173 12,487 13,488 13,366 13,670 12,924 13,706 13,506 14,009 13,393 14,337 14,107 14,764 14,170 15,038 14,687 14,160 13,468 10,863 11,495 13,176 13,060 13,965 14,899 16,191 15,329 16,200 15,954 16,390 15,515 16,385 16,137 16,521 15,764 16,443 16,165 16,755
   Government Consumption 4,361 5,908 5,552 6,357 4,580 6,141 5,726 6,652 4,732 6,351 6,071 7,092 5,059 7,027 6,658 7,342 5,333 7,335 6,872 7,764 5,564 7,612 7,056 7,911 5,754 7,779 7,326 7,452 5,637 6,873 7,000 7,807 6,000 8,257 7,840 9,078 6,730 9,037 8,233 9,135 6,989 9,132 8,472 9,262 7,374 9,365 9,040 9,096
Gross capital formation 13,420 11,461 11,180 11,086 12,090 10,183 10,087 10,504 11,975 10,272 11,023 10,481 11,983 9,760 10,212 9,845 11,759 10,064 9,733 10,246 12,263 11,285 10,756 11,546 12,412 11,271 10,958 11,783 11,718 8,698 8,455 9,272 12,885 10,494 12,050 13,434 13,457 12,007 12,283 12,010 11,546 11,762 12,417 11,940 12,334 10,609 11,512 13,694
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 10,056 9,799 9,792 11,355 10,710 10,578 10,388 11,988 11,051 11,000 11,126 12,445 11,115 8,821 9,397 11,346 11,240 10,680 12,028 13,223 11,940 11,797 12,389 13,226 12,390 12,130 12,085 12,720 11,833 11,644 11,993 13,141
   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 6,458 6,338 7,364 7,173 6,750 6,649 7,630 7,412 7,180 7,147 7,925 7,821 6,023 5,636 7,183 7,124 6,808 7,430 8,077 7,654 7,318 7,663 8,217 7,710 7,324 7,594 8,115 7,737 7,301 7,468 8,132
   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 3,234 3,345 3,449 3,986 3,547 3,825 3,737 4,355 3,639 3,820 3,979 4,521 3,320 2,811 3,740 4,155 4,090 3,851 4,547 5,078 4,258 4,435 4,677 4,960 4,634 4,736 4,453 4,578 4,068 4,302 4,480 4,959
Exports of Goods and Services 12,659 13,692 12,968 13,391 13,244 13,556 12,561 13,592 13,253 12,792 12,290 13,384 13,423 12,911 12,459 13,235 12,730 12,377 12,775 13,646 13,818 13,379 12,937 13,910 13,474 12,809 13,044 13,339 13,727 13,089 12,101 13,269 12,986 12,732 12,276 13,392 12,834 12,639 12,734 13,589 13,306 12,432 12,707 13,426 13,845 13,177 13,638 14,656
   Exports of Goods 10,869 12,133 11,292 11,695 11,491 12,006 11,189 12,098 11,770 11,448 10,880 11,797 11,826 11,655 11,010 11,625 11,048 10,999 11,209 12,001 12,140 11,995 11,438 12,351 11,915 11,460 11,577 11,899 12,320 12,233 11,291 12,354 12,064 11,925 11,360 12,340 11,693 11,529 11,431 12,203 11,789 11,187 11,380 11,969 12,144 11,730 12,013 12,881
      Agriculture -Forestry-Fishery 1,109 1,303 499 410 1,096 1,057 429 471 1,312 975 483 432 1,272 1,115 588 716 1,339 1,003 573 568 1,605 1,162 666 644 1,625 1,111 715 722 1,678 955 626 791 2,038 922 730 781 2,047 1,049 680 928 2,155 904 740 762 2,315 955 749 1,322
      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 6,916 5,853 6,297 6,107 6,857 5,689 5,989 6,259 6,565 6,125 6,294 6,270 6,763 5,701 6,247 6,146 6,645 5,534 5,892 5,861 6,516 5,586 5,826 5,722 6,326 5,721 6,160 6,170 6,514
         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 6,073 5,140 5,595 5,431 5,873 4,956 5,136 5,113 5,661 4,960 5,044 5,037 5,555 4,977 5,245 5,461 5,749
         Other mining 514 567 604 578 548 551 584 613 543 570 587 581 498 606 504 637 550 554 510 596 533 589 567 583 437 468 449 569 561 704 623 689 558 652 723 780 576 781 772 886 675 771 714 796 754 895 745 798
      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 4,602 4,360 4,603 4,612 4,456 4,997 4,437 4,834 4,308 4,789 4,494 4,936 4,435 4,636 4,902 4,671 4,482 4,436 4,891 4,781 4,401 4,623 5,097 5,133
   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 1,393 1,566 1,647 1,679 1,383 1,499 1,559 1,559 1,349 1,467 1,440 1,410 870 823 929 928 806 926 1,065 1,198 1,164 1,399 1,487 1,658 1,332 1,431 1,580 1,854 1,569 1,769 1,935
Imports of Goods and Services, 12,672 13,364 13,641 13,157 12,197 12,182 12,258 12,721 11,837 11,456 12,831 12,813 11,956 11,772 12,905 12,875 12,505 12,492 13,067 13,651 13,287 13,844 14,327 14,706 13,516 13,577 14,194 13,903 12,387 10,820 12,157 13,023 14,278 14,627 16,802 18,111 16,424 16,224 16,428 15,595 13,742 14,373 14,924 14,564 13,882 13,989 15,097 16,050
   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 10,527 10,645 11,305 11,614 11,196 11,822 12,267 12,596 11,375 11,451 12,136 11,899 10,529 9,514 10,753 11,486 12,732 13,081 15,172 16,283 14,485 14,152 14,360 12,858 11,526 12,220 12,735 12,368 11,703 11,886 12,916 13,783
      Agriculture - Forestry - Fishery 150 125 170 195 146 99 188 217 176 112 191 200 137 154 210 188 188 147 226 206 208 204 227 234 231 184 247 213 226 214 324 289 238 238 290 273 211 254 250 243 223 208 253 220 231 218 280 272
      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 1,246 1,062 1,268 1,246 1,192 1,277 942 1,036 1,084 1,193 1,204 1,363 1,108 1,086 972 1,095 902 1,076 1,043 1,018 999 982 1,036 1,080 1,057
      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 10,283 9,914 10,450 10,955 11,122 10,082 10,000 10,643 10,494 9,031 8,355 9,384 10,106 11,273 11,604 13,469 14,758 13,144 12,881 12,963 11,668 10,074 10,857 11,370 11,061 10,384 10,515 11,436 12,358
   Imports of Services 1,990 1,958 2,002 2,024 2,013 1,996 1,699 1,839 1,845 1,842 1,859 1,846 1,898 1,805 1,859 1,907 1,972 1,846 1,769 2,036 2,088 2,023 2,061 2,112 2,141 2,125 2,058 2,003 1,859 1,320 1,423 1,555 1,580 1,584 1,685 1,881 1,991 2,126 2,122 2,806 2,316 2,233 2,265 2,279 2,263 2,184 2,265 2,355
Gross Domestic Product 41,322 42,736 41,002 44,803 42,333 43,462 41,538 45,576 43,386 44,352 42,481 46,412 44,668 44,912 43,328 46,819 44,502 45,216 44,132 48,317 46,516 47,701 45,193 50,025 47,094 48,273 46,616 48,653 46,990 41,070 42,204 48,661 47,233 48,597 49,036 54,304 50,112 50,782 49,389 53,177 49,969 50,729 50,075 53,747 51,630 51,348 51,073 55,879