3rd Quarter 2021

Gross National Income & Gross Domestic Product

Industry expands

Industry expanded by 7.9 percent in the third quarter of 2021 from a decline of -17.6 percent in the previous year.

Manufacturing, which comprised 60.7 percent to total Industry, grew by 6.3 percent. Contributing the most to the growth were the manufacturing of the following: Computer, electronic and optical products, 17.8 percent; Food products, 5.3 percent; Other non-metallic mineral products, 21.3 percent; Basic metals, 11.6 percent; and Basic pharmaceutical products and pharmaceutical preparations, 23.0 percent.

Other industries also posted growths during the quarter. Construction increased by 16.8 percent, Electricity, steam, water and waste management improved by 2.9 percent, and Mining and quarrying inched up by 0.6 percent.

Industry shared 27.1 percent to GDP in the third quarter of 2021.

Figure 3. Industry, Q1 2019 to Q3 2021 Growth Rates,
At constant 2018 prices

Figure 3

Sectors - Previous Releases

Featured Video

Press Conference on the 2021 Third Quarter Performance of the Philippine Economy
Press Conference on the 2021 Third Quarter Performance of the Philippine Economy

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Contact Information

Technical Inquiries

Ms. Vivian R. Ilarina
Assistant National Statistician
Macroeconomic Accounts Service
(632) 8376-1996
v.ilarina@psa.gov.ph

Mr. Mark C. Pascasio
Division Chief
Expenditure and Integrated Accounts Division
Macroeconomic Accounts Service
(632) 8376-1982
m.pascasio@psa.gov.ph

 

Publication Inquiries

Ms. Maria Belen B. Pecson
Librarian II
Knowledge Management and Communications Division
(632) 8462-6600 local 839
info@psa.gov.ph