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Republic of the Philippines Philippine Statistics Authority Performance of the Philippine Economy Fourth Quarter 2015 by Dr. Lisa Grace S. Bersales National Statistician and Civil Registrar General 28 January 2016 1 Republic of the Philippines Philippine Statistics Authority Economic Performance (Growth rates, in percent) Fourth Quarter Annual 2014 2015 2014 2015 GDP 6.6 6.3 6.1 5.8 GNI 5.7 6.2 5.8 5.4 NPI 1.4 5.4 4.1 3.6 2 Republic of the Philippines Philippine Statistics Authority Major Industries (Year-on-year Growth Rates, In Percent) Fourth Quarter Annual 2014 2015 2014 2015 Agriculture* 4.2 -0.3 1.6 0.2 Industry 9.1 6.8 7.9 6.0 Services 5.6 7.4 5.9 6.7 *refers to Agriculture, Hunting, Forestry and Fishing (AHFF) 3 Republic of the Philippines Philippine Statistics Authority Per Capita GDP, GNI, HFCE (Year-on-year Growth Rates, In Percent) Fourth Quarter GDP GNI HFCE Annual 2014 2015 2014 2015 4.8 4.0 3.2 4.6 4.3 4.0 4.4 4.7 4.0 3.6 3.7 4.4 4 Republic of the Philippines Philippine Statistics Authority Contribution to GDP Growth (In Percentage Point) Q4 2015 Agriculture* -0.03 Industry 2.3 Services 4.1 GDP 6.3 Annual 0.02 2.0 3.8 5.8 *refers to Agriculture, Hunting, Forestry and Fishing (AHFF) Details may not add up to total due to rounding. 5 Republic of the Philippines Philippine Statistics Authority Expenditure (Year-on-year Growth Rates, In Percent) Household Consumption Government Consumption Capital Formation (Investment) Fixed Capital Formation Durable Equipment Exports Goods Services Imports Goods Services Fourth Quarter 2015 2014 6.4 5.0 17.4 9.4 13.5 3.0 22.5 8.0 40.2 -0.1 7.1 12.8 1.7 14.8 30.2 5.0 13.3 9.9 13.1 9.7 13.6 10.3 Annual 2015 2014 6.2 5.4 9.4 1.7 13.6 5.4 14.0 6.8 20.3 3.7 5.5 11.3 2.4 12.8 18.7 5.3 11.9 8.7 11.9 8.6 11.8 9.1 6 Republic of the Philippines Philippine Statistics Authority Expenditure (Contribution to Growth, In Percentage Point) Household Consumption Government Consumption Capital Formation (Investment) Fixed Capital Formation Changes in Inventories Net Exports Q4 2015 Annual 4.7 1.4 3.4 4.9 -1.5 -3.1 4.3 0.9 3.0 3.0 0.0 -3.1 7 Republic of the Philippines Philippine Statistics Authority Mabuhay and Thank you! www.psa.gov.ph 8
