| Table 29 | ||||||||
| Gross National Income (GNI) and Gross Domestic Product (GDP) by Industry1 | ||||||||
| at current prices; for periods indicated | ||||||||
| Q1-Q3 | ||||||||
| Item | 2022 | 2023 | 2024 | 2024 | 2025 | |||
| Level (in million Philippine pesos) | ||||||||
| I. Agriculture, Forestry, and Fishing | 2,104,090 | 2,285,564 | 2,401,999 | 1,698,677 | 1,717,006 | |||
| II. Industry Sector | 6,436,935 | 6,855,847 | 7,324,052 | 5,161,050 | 5,385,164 | |||
| A. Mining and Quarrying | 280,249 | 232,171 | 233,873 | 179,762 | 201,604 | |||
| B. Manufacturing | 3,795,335 | 3,946,171 | 4,146,038 | 2,779,014 | 2,898,060 | |||
| C. Electricity, Steam, Water and Waste Management | 746,104 | 844,196 | 897,049 | 706,166 | 735,634 | |||
| D. Construction | 1,615,247 | 1,833,309 | 2,047,093 | 1,496,108 | 1,549,866 | |||
| III. Services Sector | 13,487,251 | 15,172,152 | 16,720,319 | 12,008,804 | 13,003,131 | |||
| A. Wholesale and retail
trade; repair of motor vehicles and motorcycles |
3,987,550 | 4,445,383 | 4,876,756 | 3,449,877 | 3,689,481 | |||
| B. Transportation and Storage | 807,323 | 977,712 | 1,075,531 | 779,804 | 838,510 | |||
| C. Accommodation and Food Service Activities | 396,144 | 510,209 | 585,957 | 422,510 | 458,644 | |||
| D. Information and Communication | 696,022 | 732,461 | 768,823 | 554,898 | 580,252 | |||
| E. Financial and Insurance Activities | 2,224,675 | 2,565,066 | 2,887,280 | 2,142,815 | 2,307,171 | |||
| F. Real Estate and Ownership of Dwellings | 1,246,861 | 1,369,416 | 1,485,877 | 1,106,180 | 1,180,592 | |||
| G. Professional and Business Services | 1,350,881 | 1,488,722 | 1,649,936 | 1,191,623 | 1,294,996 | |||
| H. Public administration and
defense; compulsory social activities |
1,119,710 | 1,189,235 | 1,281,325 | 849,706 | 949,658 | |||
| I. Education | 880,390 | 969,550 | 1,053,080 | 770,249 | 871,697 | |||
| J. Human Health and Social Work Activities | 411,577 | 459,896 | 528,285 | 369,836 | 426,683 | |||
| K. Other Services | 366,118 | 464,502 | 527,468 | 371,307 | 405,446 | |||
| Gross Domestic Product | 22,028,276 | 24,313,563 | 26,446,369 | 18,868,531 | 20,105,301 | |||
| Net Primary Income from the Rest of the World | 1,294,379 | 2,664,590 | 3,445,971 | 2,442,957 | 3,051,347 | |||
| Gross National Income | 23,322,655 | 26,978,153 | 29,892,341 | 21,311,488 | 23,156,647 | |||
| Gross National Income (in million US dollars)2 | 428,113 | 484,954 | 521,766 | 373,853 | 405,466 | |||
| Per Capita GNI (in US dollars)2 | 3,859 | 4,333 | 4,622 | 3,312 | 3,561 | |||
| Growth Rate (in percent) | ||||||||
| I. Agriculture, Forestry, and Fishing | 7.7 | 8.6 | 5.1 | 7.4 | 1.1 | |||
| II. Industry Sector | 14.8 | 6.5 | 6.8 | 7.1 | 4.3 | |||
| A. Mining and Quarrying | 51.2 | -17.2 | 0.7 | 0.0 | 12.2 | |||
| B. Manufacturing | 10.8 | 4.0 | 5.1 | 5.0 | 4.3 | |||
| C. Electricity, Steam, Water and Waste Management | 14.6 | 13.1 | 6.3 | 6.1 | 4.2 | |||
| D. Construction | 19.9 | 13.5 | 11.7 | 12.8 | 3.6 | |||
| III. Services Sector | 13.8 | 12.5 | 10.2 | 10.5 | 8.3 | |||
| A. Wholesale and retail
trade; repair of motor vehicles and motorcycles |
13.8 | 11.5 | 9.7 | 10.4 | 6.9 | |||
| B. Transportation and Storage | 33.4 | 21.1 | 10.0 | 10.1 | 7.5 | |||
| C. Accommodation and Food Service Activities | 38.9 | 28.8 | 14.8 | 17.0 | 8.6 | |||
| D. Information and Communication | 8.7 | 5.2 | 5.0 | 5.8 | 4.6 | |||
| E. Financial and Insurance Activities | 13.3 | 15.3 | 12.6 | 13.0 | 7.7 | |||
| F. Real Estate and Ownership of Dwellings | 9.4 | 9.8 | 8.5 | 9.5 | 6.7 | |||
| G. Professional and Business Services | 10.5 | 10.2 | 10.8 | 10.9 | 8.7 | |||
| H. Public administration and
defense; compulsory social activities |
9.0 | 6.2 | 7.7 | 6.5 | 11.8 | |||
| I. Education | 10.5 | 10.1 | 8.6 | 7.8 | 13.2 | |||
| J. Human Health and Social Work Activities | 6.7 | 11.7 | 14.9 | 14.5 | 15.4 | |||
| K. Other Services | 30.3 | 26.9 | 13.6 | 13.2 | 9.2 | |||
| Gross Domestic Product | 13.5 | 10.4 | 8.8 | 9.3 | 6.6 | |||
| Net Primary Income from the Rest of the World | 87.5 | 105.9 | 29.3 | 34.9 | 24.9 | |||
| Gross National Income | 16.0 | 15.7 | 10.8 | 11.7 | 8.7 | |||
| Gross National Income (in million US dollars)2 | 4.9 | 13.3 | 7.6 | 8.8 | 8.5 | |||
| 1 The PSA released the Revised and Rebased to 2018 National Accounts of the Philippines (NAP) on 20 April 2020. The salient features of the revision and rebasing are as follows: adoption of the 2008 System of National Accounts (SNA) recommendations and latest classification systems; inclusion of new industries and expenditure commodities; and updating of the base year to 2018. | ||||||||
| 2 Derived by dividing the peso value by the average Philippine peso per US dollar (PHP) for the corresponding period | ||||||||
| Details may not add up to total due to rounding. | ||||||||
| Source: Philippine Statistics Authority | ||||||||
| Table 29 (cont'd) | ||||||||
| Gross National Income (GNI) and Gross Domestic Product (GDP) by Industry1 | ||||||||
| at current prices; for periods indicated | ||||||||
| Q1-Q3 | ||||||||
| Item | 2022 | 2023 | 2024 | 2024 | 2025 | |||
| Percent to GNI | ||||||||
| I. Agriculture, Forestry, and Fishing | 9.0 | 8.5 | 8.0 | 8.0 | 7.4 | |||
| II. Industry Sector | 27.6 | 25.4 | 24.5 | 24.2 | 23.3 | |||
| A. Mining and Quarrying | 1.2 | 0.9 | 0.8 | 0.8 | 0.9 | |||
| B. Manufacturing | 16.3 | 14.6 | 13.9 | 13.0 | 12.5 | |||
| C. Electricity, Steam, Water and Waste Management | 3.2 | 3.1 | 3.0 | 3.3 | 3.2 | |||
| D. Construction | 6.9 | 6.8 | 6.8 | 7.0 | 6.7 | |||
| III. Services Sector | 57.8 | 56.2 | 55.9 | 56.3 | 56.2 | |||
| A. Wholesale and retail
trade; repair of motor vehicles and motorcycles |
17.1 | 16.5 | 16.3 | 16.2 | 15.9 | |||
| B. Transportation and Storage | 3.5 | 3.6 | 3.6 | 3.7 | 3.6 | |||
| C. Accommodation and Food Service Activities | 1.7 | 1.9 | 2.0 | 2.0 | 2.0 | |||
| D. Information and Communication | 3.0 | 2.7 | 2.6 | 2.6 | 2.5 | |||
| E. Financial and Insurance Activities | 9.5 | 9.5 | 9.7 | 10.1 | 10.0 | |||
| F. Real Estate and Ownership of Dwellings | 5.3 | 5.1 | 5.0 | 5.2 | 5.1 | |||
| G. Professional and Business Services | 5.8 | 5.5 | 5.5 | 5.6 | 5.6 | |||
| H. Public administration and
defense; compulsory social activities |
4.8 | 4.4 | 4.3 | 4.0 | 4.1 | |||
| I. Education | 3.8 | 3.6 | 3.5 | 3.6 | 3.8 | |||
| J. Human Health and Social Work Activities | 1.8 | 1.7 | 1.8 | 1.7 | 1.8 | |||
| K. Other Services | 1.6 | 1.7 | 1.8 | 1.7 | 1.8 | |||
| Gross Domestic Product | 94.5 | 90.1 | 88.5 | 88.5 | 86.8 | |||
| Net Primary Income from the Rest of the World | 5.5 | 9.9 | 11.5 | 11.5 | 13.2 | |||
| Gross National Income | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | |||
| Percent to GDP | ||||||||
| I. Agriculture, Forestry, and Fishing | 9.6 | 9.4 | 9.1 | 9.0 | 8.5 | |||
| II. Industry Sector | 29.2 | 28.2 | 27.7 | 27.4 | 26.8 | |||
| A. Mining and Quarrying | 1.3 | 1.0 | 0.9 | 1.0 | 1.0 | |||
| B. Manufacturing | 17.2 | 16.2 | 15.7 | 14.7 | 14.4 | |||
| C. Electricity, Steam, Water and Waste Management | 3.4 | 3.5 | 3.4 | 3.7 | 3.7 | |||
| D. Construction | 7.3 | 7.5 | 7.7 | 7.9 | 7.7 | |||
| III. Services Sector | 61.2 | 62.4 | 63.2 | 63.6 | 64.7 | |||
| A. Wholesale and retail
trade; repair of motor vehicles and motorcycles |
18.1 | 18.3 | 18.4 | 18.3 | 18.4 | |||
| B. Transportation and Storage | 3.7 | 4.0 | 4.1 | 4.1 | 4.2 | |||
| C. Accommodation and Food Service Activities | 1.8 | 2.1 | 2.2 | 2.2 | 2.3 | |||
| D. Information and Communication | 3.2 | 3.0 | 2.9 | 2.9 | 2.9 | |||
| E. Financial and Insurance Activities | 10.1 | 10.5 | 10.9 | 11.4 | 11.5 | |||
| F. Real Estate and Ownership of Dwellings | 5.7 | 5.6 | 5.6 | 5.9 | 5.9 | |||
| G. Professional and Business Services | 6.1 | 6.1 | 6.2 | 6.3 | 6.4 | |||
| H. Public administration and
defense; compulsory social activities |
5.1 | 4.9 | 4.8 | 4.5 | 4.7 | |||
| I. Education | 4.0 | 4.0 | 4.0 | 4.1 | 4.3 | |||
| J. Human Health and Social Work Activities | 1.9 | 1.9 | 2.0 | 2.0 | 2.1 | |||
| K. Other Services | 1.7 | 1.9 | 2.0 | 2.0 | 2.0 | |||
| Gross Domestic Product | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | |||
| 1 The PSA released the Revised and Rebased to 2018 National Accounts of the Philippines (NAP) on 20 April 2020. The salient features of the revision and rebasing are as follows: adoption of the 2008 System of National Accounts (SNA) recommendations and latest classification systems; inclusion of new industries and expenditure commodities; and updating of the base year to 2018. | ||||||||
| Details may not add up to total due to rounding. | ||||||||
| Source: Philippine Statistics Authority | ||||||||