The Philippine economy grew by
Net National Disposable Income amounted to
Savings which is derived as total income (receipts) less total use of income (disbursements) can be represented for each institutional sector. Highest share in savings came from Non-financial corporations at
This report came from the Consolidated Accounts and Income and Outlay Accounts compiled by the Philippine Statistics Authority (PSA) annually. The Consolidated Accounts present a summary of transactions and relationships among the various flows of the economy at current prices. Included are four accounts of the economy which dwell on production, consumption, income, gross accumulation, and economic transactions with the rest of the world. On the other hand, the Income and Outlay Accounts are compiled for the four institutional sectors, namely, non-financial corporations, financial corporations, general government, and households including NPISH.
The publication on the 2016 Consolidated Accounts and Income and Outlay Accounts contains the series for the period 2014 to 2016.
LISA GRACE S. BERSALES, Ph.D.
National Statistician and Civil Registrar General