Melanesia vs Philippines: Gross Fixed Capital Formation — Value US$, 2015 prices

Melanesia
6,546 million USD
in 2024
Philippines
107,661 million USD
in 2024
Melanesia rank
12th
Philippines rank
27th

Gross Fixed Capital Formation — Value US$, 2015 prices over time

  • Melanesia
  • Philippines
025.0k50.0k75.0k100.0k197019972024

How they compare

Philippines currently reports 107,661 million USD against 6,546 million USD in Melanesia, a difference of 101,115 million USD.

That makes Philippines's figure about 16.4 times Melanesia's.

Across all 55 years both countries report, Philippines has been ahead every year.

Melanesia ranks 12th and Philippines ranks 27th of 19 regions.

Philippines has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Melanesia Philippines Difference Ahead
1970s 2,000 million USD 10,957 million USD 8,957 million USD Philippines
1980s 1,838 million USD 16,942 million USD 15,103 million USD Philippines
1990s 2,639 million USD 22,318 million USD 19,679 million USD Philippines
2000s 4,552 million USD 30,774 million USD 26,221 million USD Philippines
2010s 7,613 million USD 70,620 million USD 63,007 million USD Philippines
2020s 6,317 million USD 93,094 million USD 86,777 million USD Philippines

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation — value us$, 2015 prices, Melanesia or Philippines?
Philippines, at 107,661 million USD against 6,546 million USD in Melanesia as of 2024.
What is the difference in gross fixed capital formation — value us$, 2015 prices between Melanesia and Philippines?
101,115 million USD, with Philippines ahead.
How many years of comparable data are there for Melanesia and Philippines?
55 years are reported by both, from 1970 to 2024.
How do Melanesia and Philippines rank globally for gross fixed capital formation — value us$, 2015 prices?
Melanesia ranks 12th and Philippines ranks 27th of 19 regions.
Where does this data come from?
Food and Agriculture Organization of the United Nations, published as Gross Fixed Capital Formation — Value US$, 2015 prices. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Melanesia vs Philippines: Gross Fixed Capital Formation — Value US$, 2015 prices. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 24 August 2026, from https://economy.statizoid.com/compare/gross-fixed-capital-formation-value-us-2015-prices/melanesia/philippines/

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About this data

Indicator
Gross Fixed Capital Formation — Value US$, 2015 prices
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
251 places, 12,844 data points, 1970–2024
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).