4th Quarter 2016

Gross National Income & Gross Domestic Product

Gross Value Added in Agriculture, Hunting, Forestry and Fishing

The AHFF sector, which shared 9.7 percent to total fourth quarter GDP, slipped down anew by 1.1 percent year on year. This pulled down GDP growth during the quarter by 0.1 percentage point.

Agriculture declines anew

Agriculture industry, which contributed 81.8 percent to the entire AHFF sector, slid by 0.7 percent in Q4 2016.  

Pulling down the growth of agriculture were: Palay, which declined by 3.6 percent; Sugarcane, down by 15.0 percent; Coconut, down by 5.2 percent; Mango, down by 7.7 percent; Coffee, down by 3.6 percent; Rubber, down by 1.2 percent; and Corn, down by 0.1 percent from the previous year.

On the other hand, growths were recorded in the following: Livestock, which grew by 3.4 percent; Agricultural Activities and Services, up by 2.0 percent; Poultry, up by   1.0 percent; Banana, up by 1.5 percent; Other crops, up by 1.0 percent; Pineapple, up by 1.4 percent; and Cassava, up by 2.3 percent from the previous year.

Forestry plummets
Forestry pulled down the growth as it declined further by 20.7 percent in the fourth quarter of 2016, a reversal as compared with the 15.4 percent in the previous year.

Fishing continues to decline
Fishing, which shared 18.0 percent to total AHFF, continued its slump with 3.0 percent decline in the fourth quarter of 2016. With the exception of the fourth quarter of 2014, Fishing suffered streak of declining growths. The major contributors to its low performance were: Yellowfin Tuna, Skipjack, Others and Seaweed.

National Accounts

Press Releases

Sectors - Previous Releases