National Development Indicators

• GDP or gross domestic product - it measures the income or the expenditures WITHIN the country. It represents the money spent by consumers in buying goods, the income from business establishments as well as government investments.
• Per Capita Income – it is the average income earned by a person in a particular city, region, or country. It is one way of measuring the economic status and the quality of life in different areas. This data is acquired through census by the Philippine Statistics Authority.
• Income Distribution - it is the measure of how the total gross domestic product of the country is equally distributed among its members/people.
• Gross National Product – it is the sum of ALL the goods and services produced in a country per year by its people. In can be represented through this formula: (Income of people + Income overseas) – income paid to foreigners
• Employment Rate - is the measure at which all the available labor resources are being utilized. It is computed as the ratio of the employed to the working age population (18 years old and above).
• Structure of Labor Force - is the sum total of all the men and women who are able to work, be employed or unemployed. The ratio of employment to the population is usually higher for men than in women.
• Human Life Expectancy - is the average number of years an individual or a group of people could be expected to live or simply people’s life span
• Percentage of Urban Population - it is the percentage of people living in urbanized area not depending upon agricultural products and other government services.
• Science and technology are instruments of a country’s rapid development and economic stability
• National Development Indicators

  1. GDP or gross domestic product
  2. Per Capita Income
  3. Income Distribution
  4. Gross National Product
  5. Employment Rate
  6. Structure of Labor Force
  7. Human Life Expectancy
  8. Percentage of Urban Population