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P erformance of the P hilippine E conomy

P erformance of the P hilippine E conomy. Fourth Quarter / Annual 2012. Presented by JOSE RAMON G. ALBERT Secretary General. National Statistical Coordination Board 31 January 2013. Economic Performance (Growth rates, in percent). 4.0. 3.9. 6.6. 6.8. 4.5. 5.4. 3.2. 5.8. 0.9. 1.0.

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P erformance of the P hilippine E conomy

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  1. Performance of the Philippine Economy Fourth Quarter / Annual 2012 Presented by JOSE RAMON G. ALBERT Secretary General National Statistical Coordination Board 31 January 2013

  2. Economic Performance(Growth rates, in percent) 4.0 3.9 6.6 6.8 4.5 5.4 3.2 5.8 0.9 1.0 3.3 6.2

  3. Seasonal Adjustment(Growth rates, in percent) 2.7 1.0 1.7 1.3 1.4 1.5 1.5 1.2

  4. Per Capita GDP, GNI, HFCE(Growth rates, in percent) 2.3 5.1 2.2 4.8 2.8 3.7 1.5 4.0 4.6 5.2 4.5 4.4

  5. Major Industries(Growth rates, in percent) -2.5 2.7 2.7 4.7 3.4 7.5 2.3 6.5 5.9 6.9 5.1 7.4

  6. Seasonal AdjustmentMajor Industries (Growth rates, in percent) 2.9 1.6 0.6 3.0 -0.2 2.3 2.5 1.6 1.6 0.1 2.5 1.2

  7. Contributions to GDP Growth 0.6 0.3 2.4 2.1 3.8 4.2 6.8 6.6

  8. Agriculture, Hunting, Forestry & Fishing(Growth rates, in percent)

  9. Agriculture, Hunting, Forestry & Fishing(Contribution to Growth, in percentage point)

  10. Industry(Growth rates, in percent) 3.4 6.5 2.3 7.5 -16.3 9.6 7.0 -3.7 3.3 5.6 4.7 5.4 8.1 18.4 14.4 -7.3 2.9 3.7 5.1 0.6

  11. 7.5 0.2 4.0 2.9 0.4 Industry(Contribution to Growth, in percentage point) 6.5 -0.1 3.8 2.3 0.6

  12. Manufacturing(Contribution to Growth, in percentage point) 2.57 1.15 Food Manufactures Furniture and Fixtures Wearing Apparel Non-metallic Mineral Products 0.93 0.38 Transport Equipment 0.27 Fabricated metal products 0.001

  13. Manufacturing(Contribution to Growth, in percentage point) -0.40 -0.35 -0.25 -0.15 -0.05 Radio, TV & Comm. Equip. & Apparatus Basic Metal Industries Miscellaneous Manufactures Petroleum & Other Fuel Products Paper & Paper Products

  14. Manufacturing(Contribution to Growth, in percentage point) 1.77 1.67 Radio, TV & Comm. Equip. & Apparatus Food Manufactures Wearing Apparel Beverage Industries 0.47 0.41 Basic Metal Industries 0.30 Textile Manufactures 0.002

  15. Manufacturing(Contribution to Growth, in percentage point) -0.31 -0.05 -0.04 -0.02 -0.001 Electrical Machinery and Apparatus Publishing & Printing Tobacco manufactures Rubber & Plastic Products Machinery & Equip. except Elect.

  16. 7.4 5.1 6.9 4.3 8.1 9.1 7.5 6.4 3.3 7.8 7.2 5.2 7.7 9.3 7.9 6.1* 3.3* 0.3 6.6 7.2 6.0 Services(Growth rates, in percent) 5.9 4.1 3.4 1.5 13.6 5.2 7.5 * includes regular bonuses of gov’t employees but does not include yet undisbursed 2012 PBB

  17. 6.9 7.4 1.1 1.2 2.0 2.2 0.8 0.9 1.4 1.5 0.4* 0.3* 1.1 1.3 Services(Contribution to Growth, in percentage point) * includes regular bonuses of gov’t employees but does not include yet undisbursed 2012 PBB

  18. IndicatorsSupporting Growth for 4th Quarter 2012

  19. IndicatorsSupporting Growth for 4th Quarter 2012

  20. IndicatorsSupporting Growth for 4th Quarter 2012

  21. IndicatorsSupporting Growth for 4th Quarter 2012

  22. Expenditure (Growth rates, in percent) * includes regular bonuses of gov’t employees but does not include yet undisbursed 2012 PBB

  23. Expenditure(Contribution to Growth, in percentage point) * includes regular bonuses of gov’t employees but does not include yet undisbursed 2012 PBB

  24. Construction(Growth rates, in percent) 13.7 -6.2 32.4 -31.8 8.6 4.5 3.9 19.1 36.4 7.8 -4.8 23.3

  25. Top 5 Exports of Goods(In percent) 196.6 Metal Components Office Equipment 151.5 Components/Devices(semiconductors) 1.6 Telecommunication 465.4 Control Instrumentation 953.9 Annual 2012 Contributions to Growth Growth Rates 2.2 1.2 1.1 0.8 0.7

  26. -27.9 Electronic Data Processing Other products manufactured from materials on consignment basis -41.1 Sugar -79.2 Automotive Electronics -81.5 Articles of Apparel and Clothing Accessories -19.0 Bottom 5 Exports of Goods(In percent) Annual 2012 Contributions to Growth Growth Rates -2.4 -1.2 -0.7 -0.5 -0.4

  27. Top 5 Exports of Goods(In percent) Components/Devices(semiconductors) 13.0 Telecommunication 260.4 Office Equipment 231.4 Control Instrumentation 983.6 Metal Components 89.6 Q4 2012 Contributions to Growth Growth Rates 6.0 2.1 2.1 1.3 0.8

  28. Electronic Data Processing -48.5 Other products manufactured from materials on consignment basis -66.2 Consumer Electronics -42.8 Sugar -99.9 Articles of Apparel and Clothing Accessories -35.0 Bottom 5 Exports of Goods(In percent) Q4 2012 Contributions to Growth Growth Rates -3.6 -2.4 -1.6 -0.6 -0.4

  29. Top 5 Imports of Goods(In percent) 12.2 Components/Devices(semiconductors) Transport Equipment 40.5 Electronic Data Processing 21.7 Mineral Fuels Telecommunication 8.0 29.9 Annual 2012 Contributions to Growth Growth Rates 2.9 2.2 1.3 0.5 0.4

  30. -11.2 Base Metals Chemical Products Artificial Resins Dairy Products Metalliferous Ores & Metal Scrap -16.6 -19.8 -3.5 -9.8 Bottom 5 Imports of Goods(In percent) Annual 2012 Contributions to Growth Growth Rates -0.2 -0.2 -0.1 -0.1 -0.1

  31. Top 5 Imports of Goods(In percent) Transport Equipment 35.9 Cereals Telecommunication Metalliferous ores & metal scrap Electronic data processing 30.7 5.0 19.1 Q4 2012 Contributions to Growth Growth Rates 1.9 0.6 0.4 112.4 0.3 0.3

  32. -28.5 Dairy Products Artificial Resins Control Instrumentation Chemical Products Base Metals -20.3 -9.0 -9.1 -10.5 Bottom 5 Imports of Goods(In percent) Q4 2012 Contributions to Growth Growth Rates -0.2 -0.2 -0.2 -0.2 -0.04

  33. Net Primary Income 5.4 2.3 0.3 4.5 10.0 8.4 -10.1 -11.9 5.5 2.1 0.4 4.3 0.0 0.0 0.0 -6.4 24.0 16.3 -6.6 -6.4 -6.6 24.0 16.3 0.9 3.3 1.0 6.2 0.0

  34. Third Quarter 2012 Revisions(Growth Rates as of November 2012 and as of January 2013)

  35. Announcements 1. Call for Papers for the 12th NCS underway • Now inviting for papers for the 12th National Convention on Statistics (NCS) to be held on 1-2 October 2013 in Metro Manila. The NCS aims to cover a wide range of topics that are relevant and critical in an information–oriented economy. Important Dates to remember: Submission of abstract 30 March 2013 Notification of authors of accepted papers 30 April 2013 Submission of final manuscripts 15 August 2013 • For info: call the NCS Secretariat (tel): 890-96404 or 895-2436 Email: ncs@nscb.gov.ph NCS website: (http://www.nscb.gov.ph/ncs)

  36. Announcements 2. NSCB Releases maiden issue of Philippine Statistics in Brief 2012 • a pocket-sized reference material on major economic and social indicators of the country which aims to increase public appreciation and awareness of statistical information. • Semestral updates will be produced in the future. A copy of the Statistics in Brief is enclosed in the press kit.

  37. Announcements 3. NSCB “Meets the Press” • The NSCB Technical Staff will have a "Meet the Press" gathering in June 2013 to get to know friends from the media and acknowledge their efforts as partners of the NSCB in statistical advocacy and communication. • Date: June 14, 2013 (Friday). Details to follow

  38. Announcements Starting May 2013, the Press Conference on the performance of the PH economy will be available on USTREAM.TV via the livestream service at http://www.ustream.tv/channel/nscbinfo

  39. visit: www. nscb.gov.ph Like us on Facebook: NSCB Philippines Follow us on Twitter: @NSCBPhilippines Thank you very much.

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