Table 29
Gross National Income (GNI) and Gross Domestic Product (GDP) by Industry1
at current prices; for periods indicated
                 
                 
            Q1  
                          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   614,067 628,868  
                 
  II. Industry Sector 6,436,935 6,855,847 7,324,052   1,735,429 1,854,651  
  A. Mining and Quarrying 280,249 232,171 233,873   58,473 67,867  
  B. Manufacturing 3,795,335 3,946,171 4,146,038   1,079,444 1,148,444  
  C. Electricity, Steam, Water and Waste Management 746,104 844,196 897,049   227,614 240,595  
  D. Construction 1,615,247 1,833,309 2,047,093   369,898 397,744  
                 
  III. Services Sector 13,487,251 15,172,152 16,720,319   3,769,641 4,103,230  
  A. Wholesale and retail trade; repair
      of motor vehicles and motorcycles		 3,987,550 4,445,383 4,876,756   992,648 1,082,885  
  B. Transportation and Storage 807,323 977,712 1,075,531   249,376 274,475  
  C. Accommodation and Food Service Activities 396,144 510,209 585,957   164,210 177,523  
  D. Information and Communication 696,022 732,461 768,823   173,291 183,657  
  E. Financial and Insurance Activities 2,224,675 2,565,066 2,887,280   736,370 807,399  
  F. Real Estate and Ownership of Dwellings 1,246,861 1,369,416 1,485,877   354,979 374,612  
  G. Professional and Business Services 1,350,881 1,488,722 1,649,936   362,950 390,458  
  H. Public administration and defense;
      compulsory social activities		 1,119,710 1,189,235 1,281,325   232,950 247,918  
  I. Education 880,390 969,550 1,053,080   247,997 277,580  
  J. Human Health and Social Work Activities 411,577 459,896 528,285   118,466 136,011  
  K. Other Services 366,118 464,502 527,468   136,405 150,710  
                 
  Gross Domestic Product 22,028,276 24,313,563 26,446,369   6,119,136 6,586,749  
                 
  Net Primary Income from the Rest of the World 1,294,379 2,664,590 3,445,971   760,767 969,414  
                 
  Gross National Income 23,322,655 26,978,153 29,892,341   6,879,903 7,556,163  
                 
  Gross National Income (in million US dollars)2 428,113 484,954 521,766   122,939 130,347  
                 
  Per Capita  GNI (in US dollars)2 3,859 4,333 4,622   1,094 1,150  
                 
    Growth Rate (in percent)  
                 
  I. Agriculture, Forestry, and Fishing 7.7 8.6 5.1   8.3 2.4  
                 
  II. Industry Sector 14.8 6.5 6.8   4.9 6.9  
  A. Mining and Quarrying 51.2 -17.2 0.7   -13.5 16.1  
  B. Manufacturing 10.8 4.0 5.1   4.8 6.4  
  C. Electricity, Steam, Water and Waste Management 14.6 13.1 6.3   4.3 5.7  
  D. Construction 19.9 13.5 11.7   9.0 7.5  
                 
  III. Services Sector 13.8 12.5 10.2   11.1 8.8  
  A. Wholesale and retail trade; repair
      of motor vehicles and motorcycles		 13.8 11.5 9.7   11.3 9.1  
  B. Transportation and Storage 33.4 21.1 10.0   8.3 10.1  
  C. Accommodation and Food Service Activities 38.9 28.8 14.8   18.5 8.1  
  D. Information and Communication 8.7 5.2 5.0   4.8 6.0  
  E. Financial and Insurance Activities 13.3 15.3 12.6   14.1 9.6  
  F. Real Estate and Ownership of Dwellings 9.4 9.8 8.5   8.2 5.5  
  G. Professional and Business Services 10.5 10.2 10.8   12.0 7.6  
  H. Public administration and defense;
      compulsory social activities		 9.0 6.2 7.7   7.0 6.4  
  I. Education 10.5 10.1 8.6   9.1 11.9  
  J. Human Health and Social Work Activities 6.7 11.7 14.9   13.0 14.8  
  K. Other Services 30.3 26.9 13.6   14.3 10.5  
                 
  Gross Domestic Product 13.5 10.4 8.8   9.0 7.6  
                 
  Net Primary Income from the Rest of the World 87.5 105.9 29.3   63.0 27.4  
                 
  Gross National Income 16.0 15.7 10.8   13.1 9.8  
                 
  Gross National Income (in million US dollars)2 4.9 13.3 7.6   10.9 6.0  
                 
                 
  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.  
  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  
                          Item 2022 2023 2024   2024 2025  
                 
                 
    Percent to GNI  
                 
  I. Agriculture, Forestry, and Fishing 9.0 8.5 8.0   8.9 8.3  
                 
  II. Industry Sector 27.6 25.4 24.5   25.2 24.5  
  A. Mining and Quarrying 1.2 0.9 0.8   0.8 0.9  
  B. Manufacturing 16.3 14.6 13.9   15.7 15.2  
  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   5.4 5.3  
                 
  III. Services Sector 57.8 56.2 55.9   54.8 54.3  
  A. Wholesale and retail trade; repair
      of motor vehicles and motorcycles		 17.1 16.5 16.3   14.4 14.3  
  B. Transportation and Storage 3.5 3.6 3.6   3.6 3.6  
  C. Accommodation and Food Service Activities 1.7 1.9 2.0   2.4 2.3  
  D. Information and Communication 3.0 2.7 2.6   2.5 2.4  
  E. Financial and Insurance Activities 9.5 9.5 9.7   10.7 10.7  
  F. Real Estate and Ownership of Dwellings 5.3 5.1 5.0   5.2 5.0  
  G. Professional and Business Services 5.8 5.5 5.5   5.3 5.2  
  H. Public administration and defense;
      compulsory social activities		 4.8 4.4 4.3   3.4 3.3  
  I. Education 3.8 3.6 3.5   3.6 3.7  
  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   2.0 2.0  
                 
  Gross Domestic Product 94.5 90.1 88.5   88.9 87.2  
                 
  Net Primary Income from the Rest of the World 5.5 9.9 11.5   11.1 12.8  
                 
  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   10.0 9.5  
                 
  II. Industry Sector 29.2 28.2 27.7   28.4 28.2  
  A. Mining and Quarrying 1.3 1.0 0.9   1.0 1.0  
  B. Manufacturing 17.2 16.2 15.7   17.6 17.4  
  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   6.0 6.0  
                 
  III. Services Sector 61.2 62.4 63.2   61.6 62.3  
  A. Wholesale and retail trade; repair
      of motor vehicles and motorcycles		 18.1 18.3 18.4   16.2 16.4  
  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   2.7 2.7  
  D. Information and Communication 3.2 3.0 2.9   2.8 2.8  
  E. Financial and Insurance Activities 10.1 10.5 10.9   12.0 12.3  
  F. Real Estate and Ownership of Dwellings 5.7 5.6 5.6   5.8 5.7  
  G. Professional and Business Services 6.1 6.1 6.2   5.9 5.9  
  H. Public administration and defense;
      compulsory social activities		 5.1 4.9 4.8   3.8 3.8  
  I. Education 4.0 4.0 4.0   4.1 4.2  
  J. Human Health and Social Work Activities 1.9 1.9 2.0   1.9 2.1  
  K. Other Services 1.7 1.9 2.0   2.2 2.3  
                 
  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