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Missing Targets: An alternative MDG midterm report Table C3.4 Labor Productivity, By Industry: 1997, 2000, 2002, 2005 (At Current Prices) Sector 1997 2000 2004 2004 2005 PHILIPPINES 87,561 122,203 149,911 153,697 167,698 AGRICULTURE, FISHERIES & FORESTRY 40,479 51,947 56,861 64,412 66,821 INDUSTRY SECTOR 168,384 243,024 307,654 Mining and Quarrying 133,162 201,741 448,203 448,195 517,390 Manufacturing 197,769 271,715 364,271 364,271 410,163 Construction 95,367 146,907 125,831 1,298,492 1,680,923 Elect, Gas, & Water 500,409 799,271 1,298,492 SERVICE SECTOR 101,069 136,088 167,663 125,156 131,801 Wholesale & Retail Trade 76,648 105,487 116,100 116,100 126,395 Transp. Stor, & Com. 68,242 100,179 151,148 151,361 168,632 Fin., Ins., Real Est. & Bus. Services 410,589 520,406 498,504 389,760 445,395 Com., Soc. & Per. Services 90,539 124,593 168,630 150,500 159,383 Formula Used: Gross Value Added Average Employed Person* * Average of the four (4) quarterly data on employed persons * Data from Y1999 up to Y2001 have been revised by the NSO due to shift of population projection benchmark in the LFS series from 1980-based Census of Population to the 1995-based Census of Population Sources of Basic Data: The National Accounts of the Philippines (as of July 2003), National Statistcis Coordination Board (NSCB), Labor Force (as og January 2003) Survey, National Statistics Office (NSO 270 S O C I A L W A T C H P H I L I P P I N E S
Missing Targets: An alternative MDG midterm report Table C4: Selected Economic Indicators, 1991, 1994, 1997, 2000, 2004 and 2006 ECONOMIC INDICATORS 1991 1994 1997 2000 2004 2006 GROSS NATIONAL PRODUCT 720.2 786.1 930.7 1,037.9 1,239.6 1,399.50 (in Million Pesos, at constant 1985 prices) GROSS DOMESTIC PRODUCT 716.5 766.4 893.2 973.0 1,148.0 1,276.40 (in Million Pesos, at constant 1985 prices) Net factor income from abroad 3.696 19.768 37.507 128.3 By Industrial Origin Agriculture, Fishery, Forestry 162,937 171,390 185,004 192.5 225.5 239.8 Industry Sector 248,718 265,972 320,689 345.0 381.1 414.9 Service Sector 304,867 329,006 387,458 435.5 541.4 621.6 By Expenditure Share Personal Consumption Expenditure 543,788 600,106 684,316 752.1 903.2 999.2 Government Consumption 55,826 62,343 71,703 79.6 72.4 81.3 Capital Formation 143,047 180,797 235,052 239.1 237.4 219.2 Exports 231,515 307,205 465,322 445.7 530.4 629.1 Less : Imports 266,139 369,325 567,672 490.8 622.9 655.7 Statistical discrepancy 8,485 (14,758) 4,430 3,258 Real GNP growth (Annual) 0.2 5.3 5.3 6.9 6.1 Real GDP growth (Annual) -0.6 4.4 5.2 6 5.4 Inflation Rate (base year is 1994) 18.5 8.3 5.9 4.4 6.2 GDP Per Capita (at constant 1985 prices) (2003) 11,250 11,168 12,147 12,670 13,139 14,653 GDP Per Capita (at current prices) (2003) 19,595 24,671 33,003 43,687 52,241 68,989 GNP per capita (at constant 1985 prices) 11,308 11,456 12,657 13,516 14,715 16,128 GNP per capita (at current prices) 19,698 25,304 34,385 46,439 61,680 75,421 Balance of Payments (US$ Million) 2,103 (1,802) (3,363) (513) (280) 3,769 Workers' remittances (US$ Million ) 1,649 3,009 5,742 6,050 8,544 12,761 Average Exchange Rate 27.5 26.4 29.5 44.2 56.04 51.31 Labor Force Participation Rate 66.4 65.5 66.3 64.9 64.6 Employment Rate 89.5 90.5 91.3 88.8 91.9 Unemployment Rate 10.5 9.5 8.7 11.2 8.1 Underemployment Rate 22.5 21.4 22.1 21.7 23.4 Deployed OCWs 615,019 719,602 747,696 841,628 934,000/p REVENUES (in Billion Pesos) 220.8 336.2 471.8 514.8 699.8 979.6 EXPENDITURES (in Billion Pesos) 247.1 319.9 470.3 649.0 886.8 1,044.40 SURPLUS/(DEFICIT) (in Billion Pesos) (26.35) 16.286 1.565 (134.21) (187.00) -64.79 Revenue As a percentage of GNP 19.4 18.7 14.70 Expenditures As a percentage of GNP 18.4 18.6 18.60 EXTERNAL DEBT OUTSTANDING, US$ Billion 30.0 38.7 45.4 52.1 53.367 Medium & Long-Term 25.1 33.5 37.0 46.1 46.762 Short-Term US$ Billion 4.8 5.2 8.4 5.9 6.6 EXTERNAL DEBT OUTSTANDING, % of GNP 65.60 59.00 53.10 64.52 41.68 DEBT SERVICE BURDEN (as % of GDP) 6.8 8.1 6.72 a/ Jan to Sep 2003 b/ Jan to June 2003 c/ 2002 d/ Jan to Oct 2003 e/ Jan-Aug 2002, POEA f/ Jan-Jul 2003, BSP g/ Jan-Jun 2003, BSP S O C I A L W A T C H P H I L I P P I N E S 271
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Missing Targets An alternative MDG
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C O N T E N T S Key to Acronyms....
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FIES FIVIMS FLEMMS FNRI FP FPIC FRM
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F O R E W O R D The end is near. It
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Missing Targets: An alternative MDG
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Table A2.1: Annual Per Capita Pover
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Table A2.3: Annual Per Capita Food
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Table A3.1: Table A3.1. Annual Per
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Table A3.3: Annual Per Capita Food
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Table A3.5: Poverty Incidence of Fa
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Table A4: Annual Per Capita Poverty
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Table A6.3: Environmental Health Re
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Table A6.9: Percent of Families wit
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Table B.3: Health Indicators: Liveb
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Table B4.3: Health and Nutrition In
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Table B6.1: Health Indicators: Mate
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Page 279: Table C3.2: Labor Productivity, by
Page 299: Social Watch Philippines E-mail: in
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