Table 3. National accounts of the Philippines in 1994

Total GDP¹ (1994) - Million US $ 63,886.56

Agriculture GDP (agriculture, fishery and forestry; 1994) - 22.05%

Annual growth rate (1985-1993)

At current prices - 10%
At constant 1985 prices - 0.86%

Per caput GDP (1994) -US$ 952.98

Average annual family income - US$ 2,374.13

Urban - US$ 3,261.60
Rural - US$ 1,500.20

Total export trade (1994)² - Million US$ 13,490.96

Major commodities - coconut products, sugar and sugar products, fruits and vegetables, abaca fibres, unmanufactured tobacco

Forestry products - 0.40%

Minerals (traditional and non- traditional exports) - 6.80%

Total import trade (1994) - Million US$ 21,345.33

Trade balance (1994)² - (-)Million US$ 7,854.37

Total external debt

Outstanding debt (1994) -Million US$ 39,813.87

Source:

National Statistics Office (1994c);
National Statististical Coordination Board (1996)

¹ Gross domestic product
² preliminary