1st Quarter 2017

Gross National Income & Gross Domestic Product

Gross Value Added in Public Administration and Defense; Compulsory Social Security

Public Administration and Defense speeds up
 
Public Administration and Defense; Compulsory Social Security Schemes accelerated to 5.5 percent in the first quarter of 2017 as compared with the 5.2 percent recorded during the same period in 2016. The increase was attributed to the higher salaries of government employees under the second tranche of the salary adjustments under the Executive Order 201, S. 2016. Aside from the salary adjustment, creation and filling up of positions contributed in the acceleration of the sector. 
 

GROSS VALUE ADDED in PUBLIC ADMINISTRATION and DEFENSE; 
COMPULSORY SOCIAL SECURITY 
1st Quarter 2016 and 1st Quarter 2017
AT CURRENT PRICES, IN MILLION PESOS




INDUSTRY/INDUSTRY GROUP Q1 2016 Q1 2017 Growth Rate (%)
Public Administration & Defense; Compulsory Social Security 109,386 121,131 10.7

GROSS VALUE ADDED in PUBLIC ADMINISTRATION and DEFENSE; 
COMPULSORY SOCIAL SECURITY 
1st Quarter 2016 and 1st Quarter 2017
AT CONSTANT 2000 PRICES, IN MILLION PESOS




INDUSTRY/INDUSTRY GROUP Q1 2016 Q1 2017 Growth Rate (%)
Public Administration & Defense; Compulsory Social Security 69,656 73,501 5.5

 

 

 

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