43	GROSS NATIONAL PRODUCT (GNP) BY EXPENDITURE SHARES
	2002 -  1st Semester 2007
	at current prices
																1st Semester
Item		2003		2004		2005		2006		2007		2008		2009		2009	2010
		L  e  v  e  l  s  (in million pesos)
	I.  Personal Consumption Expenditures	2,988,240		3,346,716		3,772,249		4,229,502		4,611,884		5,281,072		5,674,966		2,691,773	2,944,328
	II.  General Government Consumption Expenditures	477,411		492,110		527,045		589,930		653,760		716,544		809,688		384,286	462,372
	III.  Gross Domestic Capital Formation	726,611		815,981		793,989		875,351		1,022,446		1,131,490		1,124,644		584,129	693,554
	A.  Fixed Capital Formation	726,867		784,066		783,404		846,650		977,240		1,089,728		1,130,072		564,317	695,338
	B.  Increase in Stocks	-256		31,915		10,585		28,701		45,206		41,762		-5,428		19,811	-1,785
	IV.  Exports of Goods and Services	2,142,042		2,480,966		2,589,739		2,850,902		2,826,574		2,736,310		2,431,373		1,168,062	1,495,688
	V.  Less: Imports of Goods and Non-Factor Services	2,398,389		2,659,009		2,816,243		2,893,203		2,810,171		2,872,572		2,364,761		1,129,059	1,452,299
	VI.  Statistical Discrepancy	380,488		394,790		577,260		378,683		342,845		430,370		3,007		-104,068	-112,401
	Expenditures on Gross Domestic Product	4,316,402		4,871,555		5,444,039		6,031,164		6,647,338		7,423,213		7,678,917		3,595,123	4,031,242
	Gross Domestic Product (Million U.S. Dollars) 1	84,647		94,403		100,437		107,623		118,618		132,463		137,026			72,065
	Gross Domestic Product (Million U.S. Dollars)  1	79,634		86,930		98,829		117,534		144,043		166,909		161,196		75,187	88,080
	Net Factor Income from the Rest of the World	315,077		376,509		447,145		500,940		579,974		827,036		1,131,067		524,733	603,170
	Expenditures on Gross National Product	4,631,479		5,248,064		5,891,183		6,532,104		7,227,312		8,250,249		8,809,984		4,119,855	4,634,411
	Gross National Product (Million U.S. Dollars) 1	85,446		93,649		106,946		127,296		156,610		185,505		184,939		86,161	101,259
		Percent to Total GNP
	I.  Personal Consumption Expenditures	64.52		63.77		64.03		64.75		63.81		64.01		64.42		65.34	63.53
	II.  General Government Consumption Expenditures	10.31		9.38		8.95		9.03		9.05		8.69		9.19		9.33	9.98
	III.  Gross Domestic Capital Formation	15.69		15.55		13.48		13.40		14.15		13.71		12.77		14.18	14.97
	A.  Fixed Capital Formation	15.69		14.94		13.30		12.96		13.52		13.21		12.83		13.70	15.00
	B.  Increase in Stocks	-0.01		0.61		0.18		0.44		0.63		0.51		-0.06		0.48	-0.04
	IV.  Exports of Goods and Services	46.25		47.27		43.96		43.64		39.11		33.17		27.60		28.35	32.27
	V.  Less: Imports of Goods and Non-Factor Services	51.78		50.67		47.80		44.29		38.88		34.82		26.84		27.41	31.34
	VI.  Statistical Discrepancy	8.22		7.52		9.80		5.80		4.74		5.22		0.03		-2.53	-2.43
		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00	0.00
	Expenditures on Gross Domestic Product	93.20		92.83		92.41		92.33		91.98		89.98		87.16		87.26	86.98
	Net Factor Income from the Rest of the World	6.80		7.17		7.59		7.67		8.02		10.02		12.84		12.74	13.02
	Expenditures on Gross National Product	100.00		100.00		100.00		100.00		100.00		100.00		100.00		100.00	100.00
		Growth Rates in Percent
	I.  Personal Consumption Expenditures	8.62		12.00		12.71		12.12		9.04		14.51		7.46		9.85	9.38
	II.  General Government Consumption Expenditures	4.49		3.08		7.10		11.93		10.82		9.60		13.00		12.73	20.32
	III.  Gross Domestic Capital Formation	3.77		12.30		-2.70		10.25		16.80		10.67		-0.61		5.33	18.73
	Fixed Capital Formation	4.12		7.87		-0.08		8.07		15.42		11.51		3.70		7.17	23.22
	B.  Increase in Stocks	-112.12		12566.80		-66.83		171.15		57.51		-7.62		-113.00		-29.20	-109.01
	IV.  Exports of Goods and Services	7.57		15.82		4.38		10.08		-0.85		-3.19		-11.14		-14.04	28.05
	V.  Less: Imports of Goods and Non-Factor Services	19.29		10.87		5.91		2.73		-2.87		2.22		-17.68		-18.71	28.63
	Expenditures on Gross Domestic Product	8.89		12.86		11.75		10.78		10.22		11.67		3.44		3.28	12.13
	Net Factor Income from the Rest of the World	23.55		19.50		18.76		12.03		15.78		42.60		36.76		37.72	14.95
	Expenditures on Gross National Product	9.78		13.31		12.25		10.88		10.64		14.15		6.78		6.68	12.49
	Gross National Product (Million U.S. Dollars)	4.51		9.60		14.20		19.03		23.03		18.45		-0.31		-6.35	17.52
1 Derived by dividing GNP by average annual exchange rate.
r Revised
*  Revised levels per NSCB, link series will be released later.
Totals may not add up due to rounding.
r  Revised
Source: National Statistical Coordination Board (NSCB)