{"entity":{"iso2":"PH","iso3":"PHL","name":"Philippines","slug":"philippines"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"annual-growth-of-the-gross-capital-formation","source":"World Bank \u2013 processed by Our World in Data","source_url":"https://ourworldindata.org/grapher/annual-growth-of-the-gross-capital-formation","title":"Annual growth of the gross capital formation","unit":"%"},"observations":[{"date":"2000-01-01","value":1.1},{"date":"2001-01-01","value":20.5},{"date":"2002-01-01","value":6.71},{"date":"2003-01-01","value":-0.41},{"date":"2004-01-01","value":6.14},{"date":"2005-01-01","value":-4.34},{"date":"2006-01-01","value":-10.32},{"date":"2007-01-01","value":8.33},{"date":"2008-01-01","value":26.77},{"date":"2009-01-01","value":-6.0},{"date":"2010-01-01","value":30.46},{"date":"2011-01-01","value":-2.54},{"date":"2012-01-01","value":5.43},{"date":"2013-01-01","value":18.44},{"date":"2014-01-01","value":8.28},{"date":"2015-01-01","value":13.41},{"date":"2016-01-01","value":20.79},{"date":"2017-01-01","value":10.9},{"date":"2018-01-01","value":11.28},{"date":"2019-01-01","value":3.49},{"date":"2020-01-01","value":-34.22},{"date":"2021-01-01","value":20.02},{"date":"2022-01-01","value":13.69},{"date":"2023-01-01","value":6.3},{"date":"2024-01-01","value":7.69}],"summary":{"latest_period":"2024-01-01","latest_value":7.69,"max":30.46,"mean":7.276,"min":-34.22,"of":167,"rank":46,"trend":"volatile"}}