Philippine Ocean Economy Satellite Accounts (POESA)

Release Date: 13 December 2022

The Philippines is an archipelago situated in Southeast Asia between Taiwan in the north and by Indonesia and Malaysia in the south. It comprised of about 7,100 islands with an Exclusive Economic Zone of about 2.2 million square kilometers (km2), 266,000 km2 of which are coastal or municipal waters. Out of 1,500 municipalities and 117 cities in the country, 832 (55.47%) and 57 (48.72%), respectively, are situated along the coast. Moreover, 64 (81.01%) out of 79 provinces likewise have coastal domains.

In response to the global initiatives and the demands of policy makers in the country, several efforts had been made to estimate the contribution of ocean-based industries to the Philippine economy. The initial efforts on the compilation of the Philippine Ocean Economy were undertaken by the National Statistical Coordination Board (NSCB). The NSCB team compiled estimates on the revenues of ocean-based industries. These estimates were presented during the 2009 East Asian Seas Congress which underscored the importance of the maritime sector in the socio-economic development of Southeast Asia.

The NSCB presented to the 11th National Convention on Statistics in 2010 a paper titled “Towards a Satellite Account on the Maritime Sector in the Philippine System of National Accounts: Preliminary Estimates.” Covering the period 2003 to 2006, the said paper presented estimates of gross output, intermediate consumption, gross value added, and employment (local and overseas) of the maritime sector.

In 2015, the Philippine Statistics Authority (PSA) presented to East Asia Sea Congress in Vietnam the 2012 updates on the contribution of ocean-related industries to the Philippine economy in terms of gross output, intermediate consumption, and gross value added of ocean-related industries. Further updates on the estimates were presented during the Blue Economy Forum in Thailand in 2017. This exercise, however, expanded the coverage of the ocean sector to include services such as financial intermediation, education, hotel and accommodation, and recreational activities. In the following year, PSA conducted a consultative forum to present the scope and coverage and methodology of the Philippine Ocean Economy Satellite Accounts and to solicit comments from data providers and stakeholders.

During the 14th National Convention on Statistics in 2019, PSA presented a paper titled, “Measuring the Ocean Economy: Towards the compilation of the Philippine Ocean Economy Satellite Accounts (POESA).” This paper exhibited the provisional estimates of POESA in 2012 to 2018. After the said event, PSA updated and compiled the 2019 estimates. For the first time, on 25 October 2019, POESA estimates were shared to the public on the PSA website. However, until an international framework is approved for adoption, the current estimates remain experimental which needs regular reviewing and updating.

II. Scope and Coverage

Industry Description Scope and Coverage
A – Agriculture, Forestry and Fishing
1) Ocean Fishing Fishing on open seas and sea-based aquaculture
  • Commercial
  • Marine Municipal
  • Marine Aquaculture

- Brackish water fishpond
- Brackish water fish pen
- Brackish water fish cage
- Marine fish pen
- Marine fish cage
- Oyster farm
- Mussel farm
- Seaweed farm

B – Mining and Quarrying
2) Offshore and Coastal Mining and Quarrying Offshore oil and gas extraction activities; offshore and coastal stone, sand, and clay quarrying; and mining of salt
  • Offshore extraction of crude petroleum
  • Offshore extraction of natural gas
  • Offshore stone, clay, and sand quarrying
  • Extraction of salt
C – Manufacturing
3) Manufacture of Ocean-based products Manufacture of Ocean-based products (cont’d) Manufacture of sea-based food products; manufacture and repair of boat and ship building; manufacture of machineries and equipment for shipping; and manufacture of cordage, rope, twine and netting, chemicals, and pharmaceuticals for ocean-based activities
  • Canning/ packing of fish and other marine products
  • Drying of fish and other marine products
  • Smoking of fish and other marine products
  • Manufacture of fish paste (bagoong) and fish sauce (patis)
  • Processing of seaweeds; manufacture of agar-agar or carrageenan
  • Production of fishmeal/ prawn feeds
  • Manufacture of unprepared animal feeds from fish, crustaceans and mollusks, and other aquatic animals
  • Processing, preserving, and canning of fish, crustaceans, and mollusks, n.e.c.
  • Manufacture of fishball, etc.
  • Manufacture of engines and turbines for marine propulsion
  • Building of ships and boats other than sports and pleasure boats
  • Manufacture of floating or submersible drilling platforms
  • Manufacture of inflatable rafts Manufacture of metal sections for ships and barges
  • Manufacture of inflatable boats
  • Manufacture of other pleasure and sporting boats, n.e.c.
  • Manufacture of fishing nets and other nettings, (excluding mosquito and hairnets)
  • Manufacture of cordage, rope and twine Manufacture of products of cordage, rope and twine products
  • Manufacture of chemical and chemical products
  • Manufacture of basic pharmaceutical products and pharmaceutical preparations
  • Repairing of ships and boats other than sports and pleasure boats Repair of transport equipment, except motor vehicles, n.e.c.
D – Electricity, Gas, Steam and Air Conditioning Supply
4) Ocean-based Power Generation, Transmission, and Distribution Power generation, transmission and distribution from coastal windfarms and natural gas-fired power plants
  • Power generation, transmission, and distribution from onshore wind power plants
  • Power generation, transmission, and distribution from natural gas power plants
F – Construction
5) Coastal Construction Construction of structures related to and near the ocean which contributes to economic activity in the area such as seaports, lighthouses, hotels, etc.
  • Construction of seaports and other structures related to and near the ocean of the National Government (NG), Government-owned and Controlled Corporation (GOCC), and Local Government Unit (LG)
  • Construction of hotels and other structures in all coastal areas nationwide
G – Wholesale and Retail Trade, Repair of Motor Vehicles and Motorcycles
6) Marine equipment wholesale and retail Wholesale of other marine machinery and equipment and other retail sale of new goods in specialized stores
  • Wholesale of industrial machinery and equipment
  • Wholesale of professional and scientific and measuring and controlling equipment
  • Wholesale of transport equipment and supplies, except land motor vehicles, motorcycles and bicycles
  • Other retail sale of new goods in specialized stores
H – Transportation and Storage
7) Sea-based Transportation and Storage Ocean transport and inter-island water transport; and ocean-based shipping and port operations
  • Ocean passenger transport
  • Inter-island water passenger transport
  • Renting of ship with operator
  • Ocean freight transport Inter-island water freight transport
  • Towing and pushing services on coastal and transoceanic waters
  • Freight forwarding services and terminal facilities
  • Logistics services
  • Service activities incidental to water transportation
  • Cargo handling auxiliary activity to water transport
  • Customs brokerage (ship)
I – Accommodation and Food Service Activities
8) Coastal Accommodation Covers the services for coastal hotels and resorts Identified beach destinations from the main list of the Department of Tourism (DOT)
J – Information and Communication
9) Marine Information Services Covers data processing, hosting, and related activities Data processing, hosting, and related activities
K – Financial and Insurance Activities
10) Marine Insurance Insurance of ships, passenger of maritime transports, and insurance of freight Marine insurance
M – Professional, Scientific and Technical Activities
11) Marine Renting and  Business Activities Marine research Research and development in natural sciences
N – Administrative and Support Service Activities
12) Marine Renting and  Business Activities Renting of boats, ocean-based equipment, travel agency, tour operator service, and reservation activities
  • Renting of water transport equipment
  • Renting of pleasure boats, canoes, and sailboats
  • Travel agency, tour operator, reservation service and related activities
O – Public Administration and Defense; Compulsory Social Security
13) Maritime Safety,  Surveillance, and  Resource  Management Government services aimed at the management, protection, utilization, and preservation of marine and coastal resources
  • Bureau of Fisheries and Aquatic Resources
  • Philippine Council for Agriculture and Fisheries
  • Philippine Fisheries Development Authority
  • National Marine Polytechnic Philippine Navy (Naval Forces)
  • Maritime Industry Authority
  • Office for Transportation Security
  • Philippine Coast Guard
  • Department of Environment and Natural Resources, Office of the Secretary (Management of Marine and Coastal resources)
  • National Mapping and Resource Information Authority
  • Palawan Council for Sustainable Development
P – Education
14) Maritime Education Covers public and private maritime higher education institutions (HEIs)
  • Maritime schools
R – Arts, Entertainment and Recreation
15) Coastal Recreation Covers the sea-based and coastal recreation service activities
  • Identified beach destinations from the main list of the DOT

III. Provisional measurement framework

The estimation methodology for POESA employs the Production Accounts from the 2008 System of National Accounts (SNA) as the measurement framework. This approach has several key advantages: removes the danger of double counting, provides a meaningful basis for comparison across industries, and simplifies the analysis of the estimates.

Gross Value Added (GVA) of Ocean-based Activities

Gross Value Added (GVA), as defined in the SNA, is “the value of output less the value of intermediate consumption.” The Ocean Economy, in this context, is defined as the sum of the GVA of Ocean-based industries.

IV. POESA configuration

  1. AGRICULTURE, FORESTRY & FISHING
  1. Ocean Fishing
  1. INDUSTRY
  1. Offshore and Coastal Mining and Quarrying
  2. Manufacture of Ocean-based Products
  3. Coastal Construction
  4. Ocean-based Power Generation, Transmission, and Distribution
  1. SERVICES
  1. Marine Equipment Wholesale and Retail
  2. Sea-based Transportation and Storage
  3. Marine Information Services
  4. Marine Insurance
  5. Marine Renting and Business Activities
  6. Maritime Safety, Surveillance and Resource Management
  7. Maritime Education
  8. Coastal Accommodation and Food and Beverage Service Activities
  9. Coastal Recreation

V. Data and Data Sources

The data used in the compilation of the preliminary estimates on POESA are obtained from several sources. Below are the major data sources for estimation:

Industry Data Source Agency
Ocean Fishing
  • GVA of Fishing, at current prices from National Accounts of the Philippines (NAP)
  • Fisheries Value of Production by Geolocation, Subsector, Year and Quarter
  • Aquaculture Value of Production by Geolocation, Aquafarm Type, Species, Year and Quarter
PSA
Offshore and Coastal Mining and Quarrying
  • GVA of Mining and Quarrying, at current prices from NAP:

- Extraction of crude petroleum and natural gas; and

- Stone quarrying, and other mining and quarrying

  • 2018 Census of Philippine Business and Industry (CPBI)
  • 2019 Annual Survey of Philippine Business and Industry (ASPBI)
  • 2018 Supply and Use Table (SUT)
  • Philippine Petroleum Production
  • Pink Sheet commodity price data

PSA

Department of Energy (DOE)

Worldbank

Manufacture of Ocean-based products
  • GVA of Manufacturing, at current prices from NAP:

- Manufacture of food products;

- Manufacture of machinery and equipment except electrical;

- Manufacture of transport equipment;

- Manufacture of textiles;

- Manufacture of chemical and chemical products;

- Manufacture of basic pharmaceutical products and pharmaceutical preparations; and

- Other manufacturing

  • 2018 CPBI
  • 2019 ASPBI
  • 2018 SUT
PSA
Ocean-based Power Generation, Transmission, and Distribution
  • GVA and Gross Output in Electricity, Steam, Water and Waste Management, at current prices from NAP
  • Generation, Transmission and Distribution Revenues of Electricity from NAP
  • Generation of electricity per fuel type
  • Dependable capacity of wind power plants

PSA

DOE

Coastal Construction
  • GVA of Construction, at current prices from NAP
  • 2018 CPBI
  • Budget of Expenditures and Sources of Financing (BESF)

PSA

Department of Budget and Management (DBM)

Marine Equipment Wholesale and Retail
  • GVA of Trade, at current prices from NAP:

- Wholesale trade, except of motor vehicles and motorcycles; and

- Retail trade, except of motor vehicles and motorcycles

  • 2018 CPBI
  • 2018 SUT
PSA
Sea-based Transportation and Storage
  • GVA of Transportation and Storage, at current prices from NAP:

- Water Transportation; and

- Warehousing and Storage and Support Activities for Transportation

  • 2018 CPBI
PSA
Coastal Accommodation and Food and beverage serving services
  • Tourism Direct Gross Value Added of Accommodation and food and beverage serving services, at current prices
  • 2018 CPBI
  • Regional Distribution of Overnight Travelers

PSA

DOT

Marine Information Services
  • GVA of Information and Communication, at current prices from NAP -Information and Publishing
  • 2018 CPBI
  • 2019 ASPBI
PSA
Marine Insurance
  • Gross Value Added in Financial and insurance activities, at current prices from NAP
  • -Insurance and pension funding except compulsory social security
  • Net premiums from Marine Insurance
  • Total net premiums of all Insurance type

PSA

Insurance Commission

Marine Renting and Business Activities
  • Gross Value Added in Professional and Business Services, at current prices from NAP
  • 2018 CPBI
PSA
Maritime Safety, Surveillance and Resource Management
  • Gross Value Added in Public administration and defense; compulsory social activities, at current prices from NAP
  • Annual Financial Report
  • BESF

PSA

Commission on Audit

DBM

Maritime Education
  • Gross Value Added in Education, at current prices from NAP
  • Total enrollment in public and private schools’ basic education
  • Total enrollment in higher education institutions (HEIs)
  • Total enrollment in maritime schools

PSA Department of Education

Commission on Higher Education

Coastal Recreation
  • Tourism Direct Gross Value Added of Recreation
  • Regional Distribution of Overnight Travelers

PSA

DOT

VI. Methodology

VI.1. Estimation Methodology

  1. Ocean Fishing

The GVA of ocean fishing is equal to the sum of the GVAs of the following fisheries subsectors: commercial fisheries, marine municipal fisheries, and marine aquaculture. Marine aquaculture consists of brackish water fishpond, brackish water fish pen, brackish water fish cage, marine fish pen, marine fish cage, oyster farm, mussel farm, and seaweed farm.

GVA of Ocean Fishing

Given the GVA of fishing and aquaculture and its support activities from the NAP, the GVA of ocean fishing is estimated using ratios derived from the value of production of fisheries by subsector and the value of production of marine aquaculture by farm type and culture environment.

GVA Commercial Fisheries

GVA Marine AquaCulture

  1. Offshore and Coastal Mining and Quarrying

The GVA of Offshore and Coastal Mining and Quarrying is equal to the sum of the GVAs in the following sub-industries: Offshore extraction of crude petroleum and natural gas; Offshore stone, clay, and sand quarrying; and Extraction of salt.

GVA Ocean Mining and Quarrying

For the GVA of Offshore extraction of crude petroleum and natural gas, the GVA of Extraction of crude petroleum and natural gas at current prices from NAP is adjusted by removing the GVA specific for onshore crude petroleum and natural gas extraction.

The share of onshore crude petroleum and natural gas extraction to the total GVA of Extraction of crude petroleum and natural gas was derived using the Philippine Petroleum Production data from DOE.

GVA of Offshore extraction of crude petroleum and natural gas

Meanwhile, the GVA of Offshore stone, clay, and sand quarrying was obtained by applying the ratio of the GVA of Stone, clay, and sand quarrying over the total Stone quarrying, and other metallic and non-metallic mining from the CPBI to the levels of Stone quarrying, and other mining and quarrying at current prices from NAP. This is further adjusted by deriving the GVA of specific offshore quarrying only by using parameters from the 2018 SUT.

GVA of Offshore stone, clay, and sand quarrying

Lastly, the GVA of Extraction of Salt is computed by applying the ratio of the GVA of Extraction of Salt over the total Stone quarrying, and other metallic and non-metallic mining from the CPBI/ASPBI to the levels of Stone quarrying, and other mining and quarrying at current prices from NAP.

GVA of Extraction of salt

  1. Manufacture of Ocean-based products

The GVA of Manufacture of Ocean-based Products is equal to the sum of the GVAs in the following sub-industries: Manufacture of ocean-based food products, Manufacture of machinery and equipment for shipping, Manufacture and building of boats and ships, Manufacture of nettings, cordage, rope and twine products, Manufacture of chemical and chemical products, Manufacture of basic pharmaceutical products, and Maintenance and repair of boats and ships.

GVA of Ocean Manufacturing

The GVA of Manufacture of ocean-based food products is obtained by applying the ratio of the GVA of manufacture of ocean-based food products over the total manufacture of food products from CPBI to the levels of Manufacture of food products at current prices under the Manufacturing industry in NAP.

GVA of Manufacture of ocean-based food products

Likewise, GVA of Manufacture of machinery and equipment for shipping is obtained by applying the ratio of the GVA of manufacture of machinery and equipment for ships over the total manufacture of machinery and equipment from the CPBI to the levels of Manufacture of machinery and equipment except electrical at Current Prices under the Manufacturing industry in NAP.

GVA of Manufacture of machinery and equipment for shipping

The GVA of Manufacture and building of boats and ships is obtained by applying the ratio of the GVA of manufacture of transport and equipment for boats and ship building over the total manufacture of transport and equipment from the CPBI to the levels of Manufacture of transport equipment at current prices under the Manufacturing industry in NAP.

GVA of Manufacture and building of boats and ships

For the GVA of Manufacture of nettings, cordage, rope and twine products, it is computed by applying the ratio of the GVA of manufacture of fishing nets and other nettings, products of cordage, rope and twine products over the total manufacture of textile from the CPBI to the levels of Manufacture of textiles at current prices under the Manufacturing industry in NAP. This is further adjusted by deriving the GVA specific for the manufacture of netting, cordage, rope and twine products used for fishing and other ocean-based activities using parameters from the 2018 SUT.

GVA of Manufacture of nettings, cordage, rope and twine products

Similarly, for the GVA of Manufacture of chemical and chemical products, it is computed by applying the ratio of the GVA of manufacture of chemical and chemical products used for ocean-based activities over the total manufacture of chemical and chemical products from the CPBI to the levels of Manufacture of chemical and chemical products at current prices under the Manufacturing industry in NAP. This is further adjusted by deriving the GVA specific for the manufacture of chemical and chemical products used for fishing and other ocean-based activities using parameters from the 2018 SUT.

GVA of Manufacture of chemical and chemical products

Moreover, for the GVA of Manufacture of basic pharmaceutical products, it is computed by applying the ratio of the GVA of Manufacture of basic pharmaceutical products used for ocean-based activities over the total manufacture of basic pharmaceutical products and pharmaceutical preparations from the CPBI to the levels of Manufacture of basic pharmaceutical products and pharmaceutical preparations at current prices under the Manufacturing industry in NAP. This is further adjusted by deriving the GVA specific for the manufacture of basic pharmaceutical products used for fishing and other ocean-based activities using parameters from the 2018 SUT.

GVA of Manufacture of basic pharmaceutical products

Lastly, GVA of Maintenance and repair of boats and ships is obtained by applying the ratio of the GVA of repair of ships and boats and transport equipment over the total other manufacturing from the CPBI to the levels of Other Manufacturing at Current Prices under the Manufacturing industry in NAP.

GVA of Maintenance and repair of boats and ships

  1. Ocean-based Power Generation, Transmission, and Distribution

GVA of Ocean-related Electricity

  1. Coastal Construction

The GVA of coastal construction is equal to the sum of the GVAs of public and private coastal construction.

GVA of public, private costal construction

  1. Marine equipment wholesale and retail

The GVA of marine equipment wholesale and retail is equal to the sum of the GVAs of the following industries: Wholesale of industrial machinery and equipment, Wholesale of professional and scientific and measuring and controlling equipment, Wholesale of transport equipment and supplies, except land motor vehicles, motorcycles and bicycles, and Other retail sale of new goods in specialized stores.

GVA of marine equipment wholesale and retail

  1. Sea-based Transportation and Storage

The GVA of sea-based transportation and storage is equal to the sum of the GVAs of the following transportation and storage sub-industries: water transportation; and warehousing and storage, and service activities for transportation (WSSAT).

GVA of sea-based transportation and storage

Given the GVA of water transportation, warehousing and storage, and its support activities from NAP, the GVA of sea-based transportation and storage is estimated using ratios of ocean-related activities derived from the gross value added of water transportation and the gross value added of warehousing and storage, and support activities for transportation from CPBI.

GVA of water transportation WSSAT

  1. Marine Information Services

The GVA of marine information services is equal to the GVA of data processing, hosting, and related services.
       
Given the GVA of information and publishing under the information and communication industry from NAP, the GVA of marine information services is estimated using the ratio derived from the GVA of data processing, hosting, and related services to the total information and publishing from the available survey of Philippine businesses and industry.

GVA of marine information services

  1. Coastal Accommodation and Food and beverage serving services

The Tourism Direct Gross Value Added (or TDGVA) for accommodation services for visitors is divided by the total number of tourists from the Regional Distribution of Overnight Travelers data to derive the TDGVA per tourist. This value is multiplied to the number of visitors in identified beach destinations. Data on top beach destinations were sourced from the Department of Tourism and is validated and expanded through tourism websites.

For this approach, it is assumed that each tourist generates a particular level of value added and the ratio of value added per tourist is homogenous for all destinations.

For food and beverage serving services, the TDGVA of food and beverage serving services is multiplied by the ratio derived from the GVA of food and beverage serving services in beach destinations to total food and beverage serving services from the available survey of the Philippine business and industry.

GVA of Coastal Accommodation, GVA of Coastal Food and beverage

  1. Marine Insurance

Data on the net premiums from Marine Insurance and total net premiums of all insurance types are sourced from the Insurance Commission. The ratio of Maritime Insurance to the net premiums of all insurance types is used to extract the value added of Maritime Insurance from the value added of Insurance from NAP.

GVA of Marine Insurance

  1. Marine Renting and Business Activities

The GVA of Marine Renting and Business Activities is equal to the sum of the GVAs of the following industries: Renting of water transport equipment, Renting and leasing of recreational and sports goods, Travel agency activities, Tour operator activities, Activities of booking offices, Tourist assistance activities, Tickets sales/booking, for theatrical, entertainment and recreational reservation activities, and Research and experimental development in natural sciences.

GVA of Marine Renting and Business Activities

  1. Maritime Safety, Surveillance and Resource Management

The gross value added of ocean-related government services is estimated as a percentage of the published Public Administration and Defense; Compulsory Social Security industry of NAP.

GVA of Ocean-based government services, Ratio of ocean-based government services

  1. Maritime Education

The GVA of Maritime Education is computed by applying the GVA per enrollee to total maritime enrollment.

GVA of Maritime Education, GVA per enrollee

  1. Coastal Recreation

The Tourism Direct Gross Value Added (TDGVA) for recreation activities is divided by the total number of tourists from the Regional Distribution of Overnight Travelers data to derive the TDGVA per tourist. This value is multiplied to the number of visitors in identified beach destinations. Data on top beach destinations were sourced from the Department of Tourism and is validated and expanded through tourism websites.

GVA of Coastal Recreation

For this approach, it is assumed that each tourist generates a particular level of value added and the ratio of value added per tourist is homogenous for all destinations.

VI.2. POESA STATISTICAL TABLES

The following are the published POESA statistical tables:

Table 1

Gross Value Added of Ocean-based Activities by Industrial Origin
at Current Prices

Refers to the Gross Value Added of each ocean-based industry

Table 2

Growth Rates of Ocean-based Activities by Industrial Origin
at Current Prices

Refers to the year-on-year growth of Gross Value Added of each ocean-based industry

Table 3

Percent Distribution of Ocean-based Activities by Industrial Origin
at Current Prices

Refers to the share to total Gross Value Added of each ocean-based industry

Table 4

Employment in Ocean-based Activities by Industrial Origin

Refers to the number of persons employed in each ocean-based industry

Table 5

Growth Rates of Employment in Ocean-based Activities by Industrial Origin

Refers to the year-on-year growth of Employment of each ocean-based industry

Table 6

Percent Distribution of Employment in Ocean-based Activities by Industrial Origin

Refers to share to total Employment of each ocean-based industry

VII. Sources of Revision

The revisions in the estimates of POESA came from several sources. The main sources of revision are the availability of the revised 2019 to 2021 Annual NAP estimates and review/updating of parameters. Other sources of revisions are the availability of the following data:

  • 2019-2021 Philippine Tourism Satellite Accounts from PSA;
  • 2018-2021 Philippine Petroleum Production from DOE;
  • 2019-2020 Restated Annual Financial Report from COA; and
  • 2021 Annual Financial Report from COA.

VIII. Concepts and Definition of Terms

Ocean Economy refers to the economic activities, such as the production, distribution, and consumption of goods and services, related to or conducted in, near, or found in the seas.

According to the Technical Guidance on Ocean Accounting for Sustainable Development (2021), conceptual definitions of the ocean economy include some or all the following:

- Economic activity that is physically located on the ocean (e.g., shipping, fisheries, offshore oil, and gas)
- Economic activity that is physically proximate to the ocean (e.g., coastal tourism, coastal aquaculture)
- Economic sectors, located on land, that depend on natural inputs from the ocean environment, either biotic or abiotic (e.g., fish processing, construction materials)
- Economic activity that provides goods or services to sectors located on the ocean (e.g., shipbuilding, marine engineering)
- Market value of natural inputs (fish, minerals) potentially derivable from the SEEA-CF monetary flows accounts and market and non-market value of ecosystem services potentially derivable from the SEEA-EEA services supply accounts.

IX. Dissemination of Results and Revision

The schedule of release of revised POESA estimates is 10 months after the reference year. A press release, statistical tables, infographic, and social cards are to be posted on the PSA website.

X. Citation

Philippine Statistics Authority. (2022). Technical Notes on Philippine Ocean Economy Satellite Accountshttps://psa.gov.ph/technical-notes/.

Global Ocean Accounts Partnership (2021). Technical Guidance on Ocean Accounting for Sustainable Development v.1.0 March 2021.

Bersales, L.G., Ilarina, V., Poquiz, J.L., Raviz, J.A., and De Las Alas, J.L. (2019). Measuring the Ocean Economy: Towards the compilation of the Philippine Ocean Economy Satellite Accounts.

Garcia, M. (2005). Progress in the Implementation of the Philippine National Marine Policy: Issues and Options. United Nations – The Nippon Foundation Fellow, New York.

XI. Contact Information

Mr. Gerald Junne L. Clariño
Chief Statistical Specialist
Satellite Accounts Division
(632) 8376-1996
g.clarino@psa.gov.ph

For data request, you may contact:

Knowledge Management and Communications Division
(632) 8462-6600 locals 839, 833 and 834
info@psa.gov.ph

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