Metropolitan Arrangements - Philippine Institute for Development ...

258 ManagingUrbanizationUndera DecentralizedGovernanceFramework
Table 2. Gross Domestic Product Structure
1975 1980 • 1985 1990 1999 1997 Ave
1985-1997
Metro Manila (MM) Share in National Gross Domestic Product (GDP)/
Gross Value Added (GVA)
GDP 28.99 30.16 28.35 32.27 32.39 32.74 34.48
GVAin Industry Sector 44.18 40.94 42.97 38.82 38.30 38.41 38.71
GVA in Manufacturing 47.86 48-02 45.80 42.97 42.03 43.26 43.82
GVA in Construction 38.40 32.84 40.97 36.49 34.09 30.08 30.46
GVA in Service Sector 3'7.84 37.89 35.06 43.29 43.69 44.09 44.81
Rate of Growth (in constant prices)
MM GDP 6.28 (1.88) 5,01 (1A3) 5..04 3.92
MM GVA in Industry Sector 6.84 (2.20) 2.16 (3-68) 5.16 2.39
MM GVA in Manufacturing 6.45 (2.00) 2-13 (3.51) 4.63 2.19
MM GVA in Construction 9.16 (6.37) 5.72 (10.13) 7.10 3.45
MM GVAIn Service Sector 5,69 (1.52) 7.54 0.26 4.96 5.22
Phil GDP 6.21 (0.54) 3.30 (0.12) 4.43 3.19
Phil GVA in Industry Sector 7.34 (2.82) 4.97 (1.61) 5.33 3.99
Phil GVA in Manufacturing 5.82 (1.42) 4.09 (1.09) 4.45 3.36
Phil GVA in Construction 12.54 (9.83) 8.76 (6.93) 9.59 6.31
Phil GVA in Service Sector 5.76 (0.40) 4.05 0.59 4.71 3.74
Source: National Income Accounts, National Statistical and Coordination Board (NIA, NSCB).
The resurgent economic primacy of the NCR is largely driven
by the recovery of the services sector (especially the finance and
housing subsector). In contrast, NCR's industrial sector (including
the manufacturing and construction subsectors) lagged behind the
rest of the regions'. In particular, NCR's gross value added (GVA) in
the services sector grew by 5.2 percent yearly on the average in 1985-
1997 (compared to the national average of 3.7 percent) while its GVA
in construction and manufacturing increased by 3.5 and 2.2 percent,
respectively (compared to the national average of 6.3 and 3.4 percent,
respectively).
Consequently, the services sector became the most dominant
sector in the NCR starting in 1988 in terms of GVA shares. Prior to
this year, the industrial sector contributed the majority of regional
GDP. The relative contraction of the industrial sector in the NCR is
largely attributed to the declining share of the manufacturing