c





 c
 is the total dollar value of all final goods and
services produced for consumption in society during a particular time period. Its
rise or fall measures economic activity based on the labor and production output
within a country.

c

 

  (c
) is a measure of a country's overall economic
output. It is the market value of all final goods and services made within the
borders of a country in a year.

  
 is the numerical quotient of national production by population,

in monetary terms. It is a measure of the monetized production per person an
economic aggregate such as a country, not of the actual distribution of income or
current net wealth in that aggregate. This is what each individual would receive if
the periodic income were divided equally among everyone. Per capita income is
usually reported in units of currency per annum.

 

 


is a measure of the real value of the peso in a given
period relative to a chosen reference period. It is computed by getting the
reciprocal of the CPI and multiplying the result by 100

 
 is a rise in the general level of prices of goods and services in
an economy over a period of time.

 
  is a measure of inflation, the rate of increase of a price index. It is
the percentage rate of change in price level over time.



 
 is the increase of per capita gross domestic product (GDP) or
other measure of aggregate income. It is often measured as the rate of change in
real GDP. Economic growth refers only to the quantity of goods and services
produced.



 
 is the increase in the standard of living in a nation's

population with sustained growth from a simple, low-income economy to a
modern, high-income economy.
The Philippine economy grew much faster than expected in the first quarter, but
it is unlikely to alter views the central bank will keep rates on hold for some time
yet amid increasing uncertainties following Europe's debt crisis.

The National Statistical Coordination Board said on Thursday the country's GDP
grew 7.3% from a year ago buoyed by global recovery, election spending and
increased remittances from overseas Filipinos. The first quarter GDP exceeded the
government's 2.9% to 3.9% growth projection.

A visibly elated President Gloria Macapagal-Arroyo announced on Wednesday

noted that the country's gross domestic product (GDP) registered a 5.5 per cent
growth, while the gross national product (GNP) grew 5.8 per cent in the first
quarter of 2006.

According to government and private economists, Philippine per capita incomeͶ

or the share of each citizen in the country͛s wealth as measured by gross
domestic product (GDP)Ͷis estimated to reach more than $1,400 this year.

According to Socioeconomic Planning Secretary Romulo Neri, this was the best
per capita income level that the country has attained in the postwar era, much
higher than the industrial boom years of the Marcos dictatorship and the Bull Run
under the Ramos presidency.

Albay Rep. Joey Salceda cited a Citibank report last month which placed Philippine
per capita income at $1,300.

The peso͛s purchasing power (PPP) settled at 61.12 centavos last month, weaker
than November͛s 61.46 centavos.

That brought the PPP to an average of 62.50 centavos in 2009, 2.10 centavos
lower than its 64.60 centavos average value in 2008.