Table 29
Gross National Income (GNI) and Gross Domestic Product (GDP) by Industry1
at current prices; for periods indicated
                 
                 
            Q1-Q3  
                          Item 2021 2022 2023   2023 2024  
                 
                 
    Level (in million Philippine pesos)  
                 
  I. Agriculture, Forestry, and Fishing 1,954,487 2,104,090 2,285,159   1,581,605 1,698,277  
                 
  II. Industry Sector 5,607,689 6,436,935 6,853,152   4,818,823 5,158,105  
  A. Mining and Quarrying 185,371 280,249 232,080   179,733 179,451  
  B. Manufacturing 3,424,049 3,795,335 3,943,987   2,646,531 2,776,348  
  C. Electricity, Steam, Water and Waste Management 650,961 746,104 844,360   665,491 705,892  
  D. Construction 1,347,309 1,615,247 1,832,725   1,327,068 1,496,414  
                 
  III. Services Sector 11,848,438 13,487,251 15,180,301   10,868,070 12,003,238  
  A. Wholesale and retail trade; repair
      of motor vehicles and motorcycles
3,502,794 3,987,550 4,444,025   3,125,709 3,451,975  
  B. Transportation and Storage 605,204 807,323 977,399   708,483 779,540  
  C. Accommodation and Food Service Activities 285,187 396,144 511,146   361,161 422,241  
  D. Information and Communication 640,034 696,022 733,417   525,136 555,096  
  E. Financial and Insurance Activities 1,963,148 2,224,675 2,565,381   1,895,820 2,141,170  
  F. Real Estate and Ownership of Dwellings 1,139,221 1,246,861 1,370,154   1,010,387 1,106,416  
  G. Professional and Business Services 1,222,489 1,350,881 1,487,291   1,073,394 1,190,653  
  H. Public administration and defense;
      compulsory social activities
1,027,079 1,119,710 1,188,487   797,360 848,233  
  I. Education 796,472 880,390 976,644   718,632 766,924  
  J. Human Health and Social Work Activities 385,750 411,577 460,645   323,379 368,172  
  K. Other Services 281,061 366,118 465,712   328,609 372,818  
                 
  Gross Domestic Product 19,410,614 22,028,276 24,318,611   17,268,499 18,859,620  
                 
  Net Primary Income from the Rest of the World 690,388 1,294,379 2,670,713   1,816,991 2,444,082  
                 
  Gross National Income 20,101,002 23,322,655 26,989,325   19,085,489 21,303,702  
                 
  Gross National Income (in million US dollars)2 408,104 428,113 485,155   343,968 373,717  
                 
  Per Capita  GNI (in US dollars)2 3,707 3,859 4,335   3,074 3,311  
                 
    Growth Rate (in percent)  
                 
  I. Agriculture, Forestry, and Fishing 6.9 7.7 8.6   7.9 7.4  
                 
  II. Industry Sector 10.0 14.8 6.5   7.7 7.0  
  A. Mining and Quarrying 35.2 51.2 -17.2   -19.5 -0.2  
  B. Manufacturing 8.0 10.8 3.9   5.6 4.9  
  C. Electricity, Steam, Water and Waste Management 6.5 14.6 13.2   15.3 6.1  
  D. Construction 14.2 19.9 13.5   13.8 12.8  
                 
  III. Services Sector 7.5 13.8 12.6   12.8 10.4  
  A. Wholesale and retail trade; repair
      of motor vehicles and motorcycles
5.6 13.8 11.4   11.7 10.4  
  B. Transportation and Storage 9.8 33.4 21.1   24.7 10.0  
  C. Accommodation and Food Service Activities 12.7 38.9 29.0   32.3 16.9  
  D. Information and Communication 7.9 8.7 5.4   5.1 5.7  
  E. Financial and Insurance Activities 7.6 13.3 15.3   14.6 12.9  
  F. Real Estate and Ownership of Dwellings 5.3 9.4 9.9   9.7 9.5  
  G. Professional and Business Services 7.5 10.5 10.1   10.4 10.9  
  H. Public administration and defense;
      compulsory social activities
8.0 9.0 6.1   4.5 6.4  
  I. Education 10.7 10.5 10.9   10.5 6.7  
  J. Human Health and Social Work Activities 18.6 6.7 11.9   12.4 13.9  
  K. Other Services 3.3 30.3 27.2   31.3 13.5  
                 
  Gross Domestic Product 8.1 13.5 10.4   10.9 9.2  
                 
  Net Primary Income from the Rest of the World -49.3 87.5 106.3   107.0 34.5  
                 
  Gross National Income 4.1 16.0 15.7   16.0 11.6  
                 
  Gross National Income (in million US dollars)2 4.9 4.9 13.3   11.9 8.6  
                 
                 
  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 2021 2022 2023   2023 2024  
                 
                 
    Percent to GNI  
                 
  I. Agriculture, Forestry, and Fishing 9.7 9.0 8.5   8.3 8.0  
                 
  II. Industry Sector 27.9 27.6 25.4   25.2 24.2  
  A. Mining and Quarrying 0.9 1.2 0.9   0.9 0.8  
  B. Manufacturing 17.0 16.3 14.6   13.9 13.0  
  C. Electricity, Steam, Water and Waste Management 3.2 3.2 3.1   3.5 3.3  
  D. Construction 6.7 6.9 6.8   7.0 7.0  
                 
  III. Services Sector 58.9 57.8 56.2   56.9 56.3  
  A. Wholesale and retail trade; repair
      of motor vehicles and motorcycles
17.4 17.1 16.5   16.4 16.2  
  B. Transportation and Storage 3.0 3.5 3.6   3.7 3.7  
  C. Accommodation and Food Service Activities 1.4 1.7 1.9   1.9 2.0  
  D. Information and Communication 3.2 3.0 2.7   2.8 2.6  
  E. Financial and Insurance Activities 9.8 9.5 9.5   9.9 10.1  
  F. Real Estate and Ownership of Dwellings 5.7 5.3 5.1   5.3 5.2  
  G. Professional and Business Services 6.1 5.8 5.5   5.6 5.6  
  H. Public administration and defense;
      compulsory social activities
5.1 4.8 4.4   4.2 4.0  
  I. Education 4.0 3.8 3.6   3.8 3.6  
  J. Human Health and Social Work Activities 1.9 1.8 1.7   1.7 1.7  
  K. Other Services 1.4 1.6 1.7   1.7 1.8  
                 
  Gross Domestic Product 96.6 94.5 90.1   90.5 88.5  
                 
  Net Primary Income from the Rest of the World 3.4 5.5 9.9   9.5 11.5  
                 
  Gross National Income 100.0 100.0 100.0   100.0 100.0  
                 
    Percent to GDP  
                 
  I. Agriculture, Forestry, and Fishing 10.1 9.6 9.4   9.2 9.0  
                 
  II. Industry Sector 28.9 29.2 28.2   27.9 27.3  
  A. Mining and Quarrying 1.0 1.3 1.0   1.0 1.0  
  B. Manufacturing 17.6 17.2 16.2   15.3 14.7  
  C. Electricity, Steam, Water and Waste Management 3.4 3.4 3.5   3.9 3.7  
  D. Construction 6.9 7.3 7.5   7.7 7.9  
                 
  III. Services Sector 61.0 61.2 62.4   62.9 63.6  
  A. Wholesale and retail trade; repair
      of motor vehicles and motorcycles
18.0 18.1 18.3   18.1 18.3  
  B. Transportation and Storage 3.1 3.7 4.0   4.1 4.1  
  C. Accommodation and Food Service Activities 1.5 1.8 2.1   2.1 2.2  
  D. Information and Communication 3.3 3.2 3.0   3.0 2.9  
  E. Financial and Insurance Activities 10.1 10.1 10.5   11.0 11.4  
  F. Real Estate and Ownership of Dwellings 5.9 5.7 5.6   5.9 5.9  
  G. Professional and Business Services 6.3 6.1 6.1   6.2 6.3  
  H. Public administration and defense;
      compulsory social activities
5.3 5.1 4.9   4.6 4.5  
  I. Education 4.1 4.0 4.0   4.2 4.1  
  J. Human Health and Social Work Activities 2.0 1.9 1.9   1.9 2.0  
  K. Other Services 1.4 1.7 1.9   1.9 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