4th Quarter 2017

Gross National Income & Gross Domestic Product

Government Final Consumption Expenditure

Government Final Consumption Expenditure (GFCE) posts double-digit growth
 
GFCE expands to 14.3 percent in the fourth quarter of 2017, surpassing the 4.5 percent growth in the same period last year. The increase resulted from the release of year-end bonus and cash gift of government employees, the release of performance-based bonus of some agencies, the filling up of government positions. 
 
The expenditure in the relief works and operations in Marawi, the school operating expenditures, purchase of drugs and medicines, and the payment for completed ASEAN-related events also contributed to the expansion of GFCE.
 

GOVERNMENT FINAL CONSUMPTION EXPENDITURE
4th Quarter 2016 and 4th Quarter 2017
AT CURRENT PRICES, IN MILLION PESOS



TYPE OF EXPENDITURE Q4 2016 Q4 2017 Growth Rate (%)
Government Final Consumption Expenditure 411,496 483,523 17.5

GROSS VALUE ADDED in PUBLIC ADMINISTRATION and DEFENSE; 
COMPULSORY SOCIAL SECURITY 
4th Quarter 2016 and 4th Quarter 2017
AT CONSTANT 2000 PRICES, IN MILLION PESOS



INDUSTRY/INDUSTRY GROUP Q4 2016 Q4 2017 Growth Rate (%)
Government Final Consumption Expenditure 187,509 214,326 14.3

 

Source: Philippine Statistics Authority

 

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