Table 29
Gross National Income (GNI) and Gross Domestic Product (GDP) by Industry1
at current prices; for periods indicated
                   
                   
              Q1  
                          Item   2023 2024 2025   2025 2026  
                   
                   
    Level (in million Philippine pesos)  
                   
  I. Agriculture, Forestry, and Fishing   2,285,564 2,403,539 2,406,532   627,014 618,405  
                   
  II. Industry Sector   6,855,847 7,322,507 7,559,816   1,855,163 1,915,724  
  A. Mining and Quarrying   232,171 234,167 265,083   67,934 89,355  
  B. Manufacturing   3,946,171 4,145,218 4,294,019   1,150,476 1,175,331  
  C. Electricity, Steam, Water and Waste Management   844,196 897,394 931,646   237,963 255,528  
  D. Construction   1,833,309 2,045,728 2,069,068   398,790 395,510  
                   
  III. Services Sector   15,172,152 16,723,397 18,043,587   4,101,282 4,399,803  
  A. Wholesale and retail trade; repair
      of motor vehicles and motorcycles		   4,445,383 4,875,124 5,197,837   1,082,825 1,155,588  
  B. Transportation and Storage   977,712 1,074,832 1,156,230   273,434 291,576  
  C. Accommodation and Food Service Activities   510,209 587,383 636,066   178,032 192,713  
  D. Information and Communication   732,461 770,319 805,368   182,787 192,750  
  E. Financial and Insurance Activities   2,565,066 2,887,463 3,106,421   804,847 857,298  
  F. Real Estate and Ownership of Dwellings   1,369,416 1,488,186 1,584,965   376,022 401,606  
  G. Professional and Business Services   1,488,722 1,643,967 1,769,273   391,232 410,981  
  H. Public administration and defense;
      compulsory social activities		   1,189,235 1,285,812 1,419,814   248,787 280,298  
  I. Education   969,550 1,055,564 1,182,922   277,766 305,764  
  J. Human Health and Social Work Activities   459,896 527,792 610,298   135,787 150,217  
  K. Other Services   464,502 526,955 574,392   149,763 161,013  
                   
  Gross Domestic Product   24,313,563 26,449,443 28,009,935   6,583,459 6,933,932  
                   
  Net Primary Income from the Rest of the World   2,664,590 3,433,178 4,188,900   955,807 1,016,477  
                   
  Gross National Income   26,978,153 29,882,621 32,198,834   7,539,266 7,950,409  
                   
  Gross National Income (in million US dollars)2   484,954 521,597 559,930   130,055 134,867  
                   
  Per Capita  GNI (in US dollars)2   4,333 4,621 4,918   1,147 1,179  
                   
    Growth Rate (in percent)  
                   
  I. Agriculture, Forestry, and Fishing   8.6 5.2 0.1   2.2 -1.4  
                   
  II. Industry Sector   6.5 6.8 3.2   6.9 3.3  
  A. Mining and Quarrying   -17.2 0.9 13.2   16.1 31.5  
  B. Manufacturing   4.0 5.0 3.6   6.6 2.2  
  C. Electricity, Steam, Water and Waste Management   13.1 6.3 3.8   4.5 7.4  
  D. Construction   13.5 11.6 1.1   7.7 -0.8  
                   
  III. Services Sector   12.5 10.2 7.9   8.8 7.3  
  A. Wholesale and retail trade; repair
      of motor vehicles and motorcycles		   11.5 9.7 6.6   9.1 6.7  
  B. Transportation and Storage   21.1 9.9 7.6   9.6 6.6  
  C. Accommodation and Food Service Activities   28.8 15.1 8.3   8.4 8.2  
  D. Information and Communication   5.2 5.2 4.5   5.4 5.5  
  E. Financial and Insurance Activities   15.3 12.6 7.6   9.3 6.5  
  F. Real Estate and Ownership of Dwellings   9.8 8.7 6.5   5.9 6.8  
  G. Professional and Business Services   10.2 10.4 7.6   8.1 5.0  
  H. Public administration and defense;
      compulsory social activities		   6.2 8.1 10.4   6.4 12.7  
  I. Education   10.1 8.9 12.1   11.4 10.1  
  J. Human Health and Social Work Activities   11.7 14.8 15.6   15.1 10.6  
  K. Other Services   26.9 13.4 9.0   9.8 7.5  
                   
  Gross Domestic Product   10.4 8.8 5.9   7.6 5.3  
                   
  Net Primary Income from the Rest of the World   105.9 28.8 22.0   25.0 6.3  
                   
  Gross National Income   15.7 10.8 7.8   9.5 5.5  
                   
  Gross National Income (in million US dollars)2   13.3 7.6 7.3   5.7 3.7  
                   
                   
  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   2023 2024 2025   2025 2026  
                   
                   
    Percent to GNI  
                   
  I. Agriculture, Forestry, and Fishing   8.5 8.0 7.5   8.3 7.8  
                   
  II. Industry Sector   25.4 24.5 23.5   24.6 24.1  
  A. Mining and Quarrying   0.9 0.8 0.8   0.9 1.1  
  B. Manufacturing   14.6 13.9 13.3   15.3 14.8  
  C. Electricity, Steam, Water and Waste Management   3.1 3.0 2.9   3.2 3.2  
  D. Construction   6.8 6.8 6.4   5.3 5.0  
                   
  III. Services Sector   56.2 56.0 56.0   54.4 55.3  
  A. Wholesale and retail trade; repair
      of motor vehicles and motorcycles		   16.5 16.3 16.1   14.4 14.5  
  B. Transportation and Storage   3.6 3.6 3.6   3.6 3.7  
  C. Accommodation and Food Service Activities   1.9 2.0 2.0   2.4 2.4  
  D. Information and Communication   2.7 2.6 2.5   2.4 2.4  
  E. Financial and Insurance Activities   9.5 9.7 9.6   10.7 10.8  
  F. Real Estate and Ownership of Dwellings   5.1 5.0 4.9   5.0 5.1  
  G. Professional and Business Services   5.5 5.5 5.5   5.2 5.2  
  H. Public administration and defense;
      compulsory social activities		   4.4 4.3 4.4   3.3 3.5  
  I. Education   3.6 3.5 3.7   3.7 3.8  
  J. Human Health and Social Work Activities   1.7 1.8 1.9   1.8 1.9  
  K. Other Services   1.7 1.8 1.8   2.0 2.0  
                   
  Gross Domestic Product   90.1 88.5 87.0   87.3 87.2  
                   
  Net Primary Income from the Rest of the World   9.9 11.5 13.0   12.7 12.8  
                   
  Gross National Income   100.0 100.0 100.0   100.0 100.0  
                   
    Percent to GDP  
                   
  I. Agriculture, Forestry, and Fishing   9.4 9.1 8.6   9.5 8.9  
                   
  II. Industry Sector   28.2 27.7 27.0   28.2 27.6  
  A. Mining and Quarrying   1.0 0.9 0.9   1.0 1.3  
  B. Manufacturing   16.2 15.7 15.3   17.5 17.0  
  C. Electricity, Steam, Water and Waste Management   3.5 3.4 3.3   3.6 3.7  
  D. Construction   7.5 7.7 7.4   6.1 5.7  
                   
  III. Services Sector   62.4 63.2 64.4   62.3 63.5  
  A. Wholesale and retail trade; repair
      of motor vehicles and motorcycles		   18.3 18.4 18.6   16.4 16.7  
  B. Transportation and Storage   4.0 4.1 4.1   4.2 4.2  
  C. Accommodation and Food Service Activities   2.1 2.2 2.3   2.7 2.8  
  D. Information and Communication   3.0 2.9 2.9   2.8 2.8  
  E. Financial and Insurance Activities   10.5 10.9 11.1   12.2 12.4  
  F. Real Estate and Ownership of Dwellings   5.6 5.6 5.7   5.7 5.8  
  G. Professional and Business Services   6.1 6.2 6.3   5.9 5.9  
  H. Public administration and defense;
      compulsory social activities		   4.9 4.9 5.1   3.8 4.0  
  I. Education   4.0 4.0 4.2   4.2 4.4  
  J. Human Health and Social Work Activities   1.9 2.0 2.2   2.1 2.2  
  K. Other Services   1.9 2.0 2.1   2.3 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