Gross capital formation in Philippines
Philippines: Gross capital formation was -1.7% in 2025. ◆ Volatile
Gross capital formation in Philippines, 1961–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
Philippines recorded -1.7% for gross capital formation in 2025.
That represents a change of down 121.8% on the previous year and down 112.6% over ten years.
Over the whole period, gross capital formation in Philippines peaked at 30.5% in 2010 and was at its lowest, -36.4%, in 1984.
Philippines ranks 129th of 168 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Philippines, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1961 | 16.1% | — |
| 1962 | -0.6% | -103.6% |
| 1963 | 17.9% | -3151.6% |
| 1964 | 10.5% | -41.1% |
| 1965 | 6.2% | -41.3% |
| 1966 | 0.1% | -99.0% |
| 1967 | 10.5% | +16056.2% |
| 1968 | 0.7% | -93.3% |
| 1969 | 4.5% | +549.1% |
| 1970 | -3.9% | -186.7% |
| 1971 | 5.7% | -246.3% |
| 1972 | 3.6% | -36.8% |
| 1973 | 11.8% | +226.3% |
| 1974 | 20.8% | +75.6% |
| 1975 | 24.1% | +15.7% |
| 1976 | 18.9% | -21.7% |
| 1977 | 1.0% | -94.8% |
| 1978 | 8.1% | +732.3% |
| 1979 | 4.4% | -46.2% |
| 1980 | -3.7% | -185.0% |
| 1981 | 2.8% | -176.5% |
| 1982 | 8.5% | +198.8% |
| 1983 | 6.7% | -20.4% |
| 1984 | -36.4% | -640.0% |
| 1985 | -31.4% | -13.6% |
| 1986 | 9.8% | -131.3% |
| 1987 | 19.0% | +93.6% |
| 1988 | 14.0% | -26.4% |
| 1989 | 19.9% | +42.3% |
| 1990 | 15.7% | -21.4% |
| 1991 | -17.1% | -209.2% |
| 1992 | 7.8% | -145.7% |
| 1993 | 7.3% | -6.1% |
| 1994 | 7.8% | +6.5% |
| 1995 | 2.7% | -65.7% |
| 1996 | 11.6% | +332.7% |
| 1997 | 11.0% | -5.1% |
| 1998 | -14.8% | -234.4% |
| 1999 | -13.1% | -11.6% |
| 2000 | 1.1% | -108.4% |
| 2001 | 20.5% | +1769.1% |
| 2002 | 6.7% | -67.3% |
| 2003 | -0.4% | -106.1% |
| 2004 | 6.1% | -1603.5% |
| 2005 | -4.3% | -170.7% |
| 2006 | -10.3% | +137.8% |
| 2007 | 8.3% | -180.8% |
| 2008 | 26.8% | +221.2% |
| 2009 | -6.0% | -122.4% |
| 2010 | 30.5% | -607.8% |
| 2011 | -2.5% | -108.3% |
| 2012 | 5.4% | -313.7% |
| 2013 | 18.4% | +239.9% |
| 2014 | 8.3% | -55.1% |
| 2015 | 13.4% | +62.0% |
| 2016 | 20.8% | +55.1% |
| 2017 | 10.9% | -47.6% |
| 2018 | 11.3% | +3.5% |
| 2019 | 3.5% | -69.0% |
| 2020 | -34.2% | -1079.7% |
| 2021 | 20.0% | -158.5% |
| 2022 | 13.7% | -31.6% |
| 2023 | 6.3% | -54.0% |
| 2024 | 7.7% | +22.7% |
| 2025 | -1.7% | -121.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.3% | -0.6% | 17.9% | 9 |
| 1970s | 9.4% | -3.9% | 24.1% | 10 |
| 1980s | 0.9% | -36.4% | 19.9% | 10 |
| 1990s | 1.9% | -17.1% | 15.7% | 10 |
| 2000s | 4.8% | -10.3% | 26.8% | 10 |
| 2010s | 12.0% | -2.5% | 30.5% | 10 |
| 2020s | 2.0% | -34.2% | 20.0% | 6 |
Countries ranked near Philippines
- 126 Seychelles -0.7% compare
- 127 Japan -0.8% compare
- 128 Luxembourg -1.2% compare
- 130 South Korea -1.7% compare
- 131 Niger -2.2% compare
- 132 Bangladesh -2.5% compare
More economy & growth data for Philippines
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.98 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.4 Percent per annum (2029)
- GDP (current US$), annual growth rate 5.5 % change on previous year (2025)
- GDP (current US$), per capita 4,171 current US$ per person (2025)
- GDP (current LCU), annual growth rate 5.9 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 57.51 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 239,837 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 4.4 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.9749 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 4,066 constant 2015 US$ per person (2025)
Frequently asked questions
- What is gross capital formation in Philippines?
- Gross capital formation in Philippines was -1.7% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Philippines?
- The highest recorded value was 30.5% in 2010.
- What is the lowest gross capital formation recorded in Philippines?
- The lowest recorded value was -36.4% in 1984.
- How does Philippines rank for gross capital formation?
- Philippines ranks 129th out of 168 countries with data for 2025.
- Is gross capital formation rising or falling in Philippines?
- Over the last ten years it is down 112.6%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.