4th Quarter 2019

Gross National Income & Gross Domestic Product

Gross Value Added in Other Services

Other Services expands at a slower pace

Other Services grew 9.8 percent in the fourth quarter of 2019, but slower than the 13.0 percent growth it posted in 2018. Education, which has the largest share to the total industry, grew by 8.5 percent. It was followed by Hotels and Restaurants which posted 10.3 percent growth during the period.

On the other hand, other sub-industries posted faster growth: Health and Social Work with 12.9 percent; Recreational, Cultural and Sporting Activities, 9.0 percent; Other Service Activities, 10.9 percent; and Sewage and Refuse Disposal and Sanitation and Similar Activities, 8.4 percent.