45	GROSS NATIONAL PRODUCT (GNP) BY EXPENDITURE SHARES
	2002 - 1st Semester 2007
	at 1985 constant 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	853,598		903,814		947,506		999,728		1,058,176		1,107,569		1,152,658		548,359	576,524
	II.  General Government Consumption  Expenditures	74,419		75,455		77,198		85,208		90,811		91,214		101,163		52,713	59,132
		218,412		234,065		213,469		224,289		251,999		257,766		243,052
	III.  Gross Domestic Capital Formation	218,412		234,065		213,469		224,289		252,000		257,766		243,052		124,538	144,743
	A.  Fixed Capital Formation	221,286		224,176		209,325		217,489		241,288		247,863		246,992		123,062	149,006
	B.  Increase in Stocks	-2,874		9,889		4,144		6,800		10,711		9,903		-3,940		1,476	-4,264
	IV.  Exports of Goods and Services	469,537		539,950		565,742		641,457		676,641		663,324		574,284		275,997	345,474
	V.  Less: Imports of Goods and Non- Factor Services	594,603		628,911		643,839		655,706		628,664		633,770		621,543		276,808	341,092
	VI.  Statistical Discrepancy	63,708		29,920		51,376		-18,820		-82,340		-69,017		-17,499		-34,848	-40,467
	Expenditures on Gross Domestic Product	1,085,072		1,154,295		1,211,452		1,276,156		1,366,625		1,417,087		1,432,115		689,952	744,314
		1,085,071		1,154,293		1,211,452		1,276,156		1,366,624		1,417,086		1,432,115
	Net Factor Income from the Rest  of the World	86,359		98,036		108,548		115,133		129,406		174,022		222,821		104,342	115,361
	Expenditures on Gross National Product	1,171,431		1,252,331		1,320,000		1,391,289		1,496,031		1,591,109		1,654,936		794,294	859,675
		1,171,431		1,252,331		1,320,000		1,391,289		1,496,031		1,591,109		1,654,936		794,294	859,675
	Gross National Product (Million U.S. Dollars)  1	62,955		67,303		70,940		74,771		80,400		85,509		88,940		42,687	46,201
		Percent to GNP
	I.  Personal Consumption Expenditures	72.87		72.17		71.78		71.86		70.73		69.61		69.65		69.04	67.06
	II.  General Government Consumption  Expenditures	6.35		6.03		5.85		6.12		6.07		5.73		6.11		6.64	6.88
	III.  Gross Domestic Capital Formation	18.64		18.69		16.17		16.12		16.84		16.20		14.69		15.68	16.84
	A.  Fixed Capital Formation	18.89		17.90		15.86		15.63		16.13		15.58		14.92		15.49	17.33
	B.  Increase in Stocks	-0.25		0.79		0.31		0.49		0.72		0.62		-0.24		0.19	-0.50
	IV.  Exports of Goods and Services	40.08		43.12		42.86		46.11		45.23		41.69		34.70		34.75	40.19
	V.  Less: Imports of Goods and Non- Factor Services	50.76		50.22		48.78		47.13		42.02		39.83		37.56		34.85	39.68
	VI.  Statistical Discrepancy	5.44		2.39		3.89		-1.35		-5.50		-4.34		-1.06		-4.39	-4.71
	Expenditures on Gross Domestic Product	92.63		92.17		91.78		91.72		91.35		89.06		86.54		86.86	86.58
	Net Factor Income from the Rest  of the World	7.37		7.83		8.22		8.28		8.65		10.94		13.46		13.14	13.42
	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	5.28		5.88		4.83		5.51		5.85		4.67		4.07		4.29	5.14
	II.  General Government Consumption  Expenditures	2.61		1.39		2.31		10.38		6.58		0.44		10.91		9.19	12.18
	III.  Gross Domestic Capital Formation	2.99		7.17		-8.80		5.07		12.36		2.29		-5.71		-8.00	16.22
	Fixed Capital Formation	3.76		1.31		-6.62		3.90		10.94		2.72		-0.35		-3.75	21.08
	IV.  Exports of Goods and Services	4.88		15.00		4.78		13.38		5.49		-1.97		-13.42		-16.51	25.17
	V.  Less: Imports of Goods and Non- Factor Services	10.82		5.77		2.37		1.84		-4.12		0.81		-1.93		-6.45	23.22
	Expenditures on Gross Domestic Product	4.93		6.38		4.95		5.34		7.09		3.69		1.06		0.86	7.88
	Net Factor Income from the Rest  of the World	20.61		13.52		10.72		6.07		12.40		34.48		28.04		29.65	10.56
	Expenditures on Gross National Product	5.95		6.91		5.40		5.40		7.53		6.36		4.01		3.89	8.23
	Gross National Product (Million U.S. Dollars)	5.95		6.91		5.40		5.40		7.53		6.35		4.01		3.88	8.23
1 Derived by dividing GNP  at constant 1985 prices by Pesos/US$1 rate in 1985.
*  Revised levels per NSCB, link series will be released later.
Totals may not add due to rounding.
r  Revised
Source: National Statistical Coordination Board (NSCB)