Republic of the Philippines Philippine Statistics Authority Performance

Republic of the Philippines Philippine Statistics Authority Performance of the Philippine Economy Fourth Quarter 2013 30 January 2014

Republic of the Philippines Philippine Statistics Authority Economic Performance (Growth rates, in percent) 7. 1 6. 5 6. 8 7. 2 6. 4 7. 8 6. 5 7. 5 2. 7 15. 1 4. 8 9. 4

Republic of the Philippines Philippine Statistics Authority Seasonal Adjustment (Growth rates, in percent) 2. 3 1. 5 1. 3 1. 5 2. 4 1. 1 3. 0 1. 4

Republic of the Philippines Philippine Statistics Authority Per Capita GDP, GNI, HFCE (Growth rates, in percent) 5. 3 4. 6 4. 5 4. 8 5. 0 5. 4 6. 0 3. 9 4. 7 4. 8 5. 8 3. 9

Republic of the Philippines Philippine Statistics Authority Major Industries (Growth rates, in percent) 4. 9 1. 1 2. 8 1. 1 8. 9 8. 4 6. 8 9. 5 6. 5 7. 6 7. 1

Republic of the Philippines Philippine Statistics Authority Seasonal Adjustment Major Industries (Growth rates, in percent) 0. 4 -0. 7 0. 8 0. 7 2. 8 1. 5 0. 9 3. 2 2. 3 2. 0 1. 6 0. 7

Republic of the Philippines Philippine Statistics Authority Contributions to GDP Growth 0. 1 2. 8 3. 6 6. 5

Republic of the Philippines Philippine Statistics Authority Agriculture, Hunting, Forestry & Fishing (Growth rates, in percent)

Republic of the Philippines Philippine Statistics Authority Agriculture, Hunting, Forestry & Fishing (Contribution to Growth, in percentage point)

Republic of the Philippines Philippine Statistics Authority Industry (Growth rates, in percent) 8. 9 8. 4 6. 8 9. 5 2. 8 -10. 4 2. 2 -2. 5 5. 5 12. 3 5. 4 10. 5 29. 9 -0. 8 15. 7 11. 1 3. 4 2. 5 5. 1 4. 0

Republic of the Philippines Philippine Statistics Authority Industry (Contribution to Growth, in percentage point) 8. 4 -0. 2 8. 6 -0. 1 0. 2

Republic of the Philippines Philippine Statistics Authority Manufacturing (Contribution to Growth, in percentage point) Chemical & chemical products 10. 2 Furniture and fixtures 3. 5 Radio, TV & comm. equipment & app. 0. 4 Beverage industries 0. 2 Footwear and leather products 0. 1 Basic metal industries 0. 1

Republic of the Philippines Philippine Statistics Authority Manufacturing (Contribution to Growth, in percentage point) Wearing apparel -0. 7 Petroleum and other fuel products -0. 7 Miscellaneous manufactures -0. 4 Textile manufactures -0. 4 Electrical machinery and apparatus -0. 3

Services Republic of the Philippines Philippine Statistics Authority (Growth rates, in percent) 6. 5 7. 6 7. 1 4. 4 6. 2 8. 1 5. 5 6. 6 8. 8 7. 4 9. 9 7. 5 8. 2 6. 5 12. 4 6. 5 6. 3 7. 5 8. 4 8. 2 5. 8 0. 5 5. 4 6. 1 4. 0 5. 4 7. 7

Republic of the Philippines Philippine Statistics Authority Services (Contribution to Growth, in percentage point) 6. 5 0. 8 2. 3 1. 1 1. 2 0. 0 1. 0

Republic of the Philippines Indicators Philippine Statistics Authority Supporting Growth for 4 th Quarter 2013 INDICATOR GROWTH RATE Number of Employed Persons Electricity, Gas and Water Up by 4. 6 % Trade Up by 2. 8 % Financial Intermediation, Real Estate, Renting and Business Activities Up by 4. 7 % Mean Hours Worked Electricity, Gas and Water Agriculture, Fishery and Forestry Value of Prod’n at Constant Prices (in million Php) Production (in thousand MT) Palay Livestock Poultry Up by 3. 4 % Up by 1. 1 % Up by 8. 2 % Up by 1. 5 % Up by 3. 9 %

Republic of the Philippines Indicators Philippine Statistics Authority Supporting Growth for 4 th Quarter 2013 INDICATOR GROWTH RATE Electricity, Gas and Water Supply Gross Billed Volume Gross Billed Amount Up by 2. 7 % Up by 4. 5 % Manufacturing ** Value of Production Index Volume of Production Index Value of Net Sales Index Volume of Net Sales Index Up by 15. 0 % Up by 21. 0 % Up by 29. 6 % Up by 36. 4 % * * Based on October and November 2013 data only

Republic of the Philippines Indicators Philippine Statistics Authority Supporting Growth for 4 th Quarter 2013 INDICATOR GROWTH RATE Financial Intermediation Reserve Money ** Outstanding Loans-Universal & Commercial Banks ** Non-Performing Loans-Universal & Commercial Banks ** Bank Average Lending Rate Up by 30. 8 % Total Merchandise Exports (FOB value in US$ million) ** Imports of Capital Goods (FOB Value in million US$) ** Up by 16. 2 % Up by 4. 8 % CPI Inflation for Q 4 2013 (CPI 2006 -based) Up by 3. 5 % * * Based on October and November 2013 data only Up by 14. 1 % Up by 41. 7 % Up by 3. 0 %

Republic of the Philippines Philippine Statistics Authority Expenditure (Growth Rates, in percent)

Republic of the Philippines Philippine Statistics Authority Expenditure (Contribution to Growth, in percentage point)

Republic of the Philippines Philippine Statistics Authority Construction (Growth rates, in percent) 30. 4 16. 2 35. 2 -0. 5 15. 1 10. 9 -1. 0 -0. 4 29. 8 11. 5 21. 6 7. 9

Republic of the Philippines Philippine Statistics Authority Top 5 Exports of Goods (in percent, in percentage point) Contributors to Growth Q 4 2013 Growth Rates Contribution to Growth 110. 2 3. 5 Ignition Wiring Sets 45. 4 1. 7 Articles of Apparel and Clothing Accessories 41. 4 0. 9 103. 6 0. 9 * 0. 9 Electronic Data Processing Consumer Electronics Sugar * more than 1, 000% growth

Republic of the Philippines Philippine Statistics Authority Bottom 5 Exports of Goods (in percent, in percentage point) Negative Contributors to Growth Q 4 2013 Growth Rates Contribution to Growth - 51. 6 - 0. 7 - 0. 9 - 0. 4 Control Instrumentation - 13. 4 - 0. 3 Telecommunication - 24. 3 - 0. 2 Copra Oil Cake or Meal - 55. 1 - 0. 1 Coconut Oil Components/Devices (Semiconductors)

Republic of the Philippines Philippine Statistics Authority Top 5 Imports of Goods (in percent, in percentage point) Contributors to Growth Q 4 2013 Growth Rates Contribution to Growth Transport equipment 55. 2 4. 2 Medical and Pharmaceutical products 27. 9 0. 4 Electrical machinery 19. 1 0. 4 Dairy Products 61. 9 0. 3 Artificial resins 7. 3 0. 1

Republic of the Philippines Philippine Statistics Authority Bottom 5 Imports of Goods (in percent, in percentage point) Negative Contributors to Growth Q 4 2013 Growth Rates Components/Devices Contribution to Growth (Semiconductors) - 46. 0 - 7. 9 Mineral fuels - 21. 4 - 1. 2 Electronic Data Processing - 20. 8 - 1. 0 Metalliferous ores and metal scrap - 72. 8 - 0. 6 41. 9 - 0. 5 Telecommunication -

Republic of the Philippines Philippine Statistics Authority Net Primary Income from ROW 5. 2 - 14. 9 4. 7 10. 6 -25. 6 9. 8 6. 9 7. 0 - 12. 4 - 27. 8 6. 4 6. 2 0. 0 21. 7 2. 7 0. 0 29. 2 15. 1 0. 0 16. 8 - 12. 3 9. 4 4. 8

Republic of the Philippines Philippine Statistics Authority Mabuhay and Thank you! www. psa. gov. ph