4th Quarter 2019

Gross National Income & Gross Domestic Product

Gross Value Added in Transportation, Storage and Communication

Transport, Storage and Communication (TSC) accelerates

TSC grew by 5.6 percent in the fourth quarter of 2019, faster than the 3.7 percent growth recorded in the same period of the previous year. Communication, which has the largest share to the total TSC, contributed most to the growth as it grew by 6.1 percent.

Air Transport posted the fastest growth of 9.6 percent. Land Transport also grew during the period with 6.2 percent while Storage and Services Incidental to Transport grew by 3.1 percent.

On the other hand, Water Transport declined by 7.3 percent.