Gross capital formation (constant LCU), per square kilometre in Philippines
Philippines: Gross capital formation (constant LCU), per square kilometre was 16.42 million constant LCU per square kilometre in 2023. ◆ Volatile
Latest (2023)
16.42 million constant LCU per square kilometre
Change on year
up 6.3%
World rank
39th
of 166 countries
All-time high
17.21 million constant LCU per square kilometre
in 2019
All-time low
969,610 constant LCU per square kilometre
in 1962
Years of data
63
1961–2023
Gross capital formation (constant LCU), per square kilometre in Philippines, 1961–2023
Source: Statizoid (derived). Measured in constant LCU per square kilometre.
Analysis
In 2023, gross capital formation (constant lcu), per square kilometre in Philippines stood at 16.42 million constant LCU per square kilometre.
The figure is up 6.3% on the previous year and up 80.7% over ten years.
Over the whole period, gross capital formation (constant lcu), per square kilometre in Philippines peaked at 17.21 million constant LCU per square kilometre in 2019 and was at its lowest, 969,610 constant LCU per square kilometre, in 1962.
Philippines ranks 39th of 166 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (constant LCU), per square kilometre in Philippines, year by year
| Year | constant LCU per square kilometre | Change |
|---|---|---|
| 1961 | 975,327 constant LCU per square kilometre | — |
| 1962 | 969,610 constant LCU per square kilometre | -0.6% |
| 1963 | 1.14 million constant LCU per square kilometre | +17.9% |
| 1964 | 1.26 million constant LCU per square kilometre | +10.5% |
| 1965 | 1.34 million constant LCU per square kilometre | +6.2% |
| 1966 | 1.34 million constant LCU per square kilometre | +0.1% |
| 1967 | 1.48 million constant LCU per square kilometre | +10.5% |
| 1968 | 1.49 million constant LCU per square kilometre | +0.7% |
| 1969 | 1.56 million constant LCU per square kilometre | +4.5% |
| 1970 | 1.50 million constant LCU per square kilometre | -3.9% |
| 1971 | 1.59 million constant LCU per square kilometre | +5.7% |
| 1972 | 1.64 million constant LCU per square kilometre | +3.6% |
| 1973 | 1.84 million constant LCU per square kilometre | +11.9% |
| 1974 | 2.22 million constant LCU per square kilometre | +20.8% |
| 1975 | 2.76 million constant LCU per square kilometre | +24.1% |
| 1976 | 3.28 million constant LCU per square kilometre | +18.9% |
| 1977 | 3.31 million constant LCU per square kilometre | +1.0% |
| 1978 | 3.58 million constant LCU per square kilometre | +8.1% |
| 1979 | 3.73 million constant LCU per square kilometre | +4.4% |
| 1980 | 3.59 million constant LCU per square kilometre | -3.7% |
| 1981 | 3.70 million constant LCU per square kilometre | +2.8% |
| 1982 | 4.01 million constant LCU per square kilometre | +8.5% |
| 1983 | 4.28 million constant LCU per square kilometre | +6.7% |
| 1984 | 2.72 million constant LCU per square kilometre | -36.4% |
| 1985 | 1.87 million constant LCU per square kilometre | -31.4% |
| 1986 | 2.05 million constant LCU per square kilometre | +9.8% |
| 1987 | 2.44 million constant LCU per square kilometre | +19.0% |
| 1988 | 2.78 million constant LCU per square kilometre | +14.0% |
| 1989 | 3.34 million constant LCU per square kilometre | +19.9% |
| 1990 | 3.86 million constant LCU per square kilometre | +15.7% |
| 1991 | 3.20 million constant LCU per square kilometre | -17.1% |
| 1992 | 3.45 million constant LCU per square kilometre | +7.8% |
| 1993 | 3.70 million constant LCU per square kilometre | +7.3% |
| 1994 | 3.99 million constant LCU per square kilometre | +7.8% |
| 1995 | 4.10 million constant LCU per square kilometre | +2.7% |
| 1996 | 4.57 million constant LCU per square kilometre | +11.6% |
| 1997 | 5.08 million constant LCU per square kilometre | +11.0% |
| 1998 | 4.33 million constant LCU per square kilometre | -14.8% |
| 1999 | 3.76 million constant LCU per square kilometre | -13.1% |
| 2000 | 3.80 million constant LCU per square kilometre | +1.1% |
| 2001 | 4.58 million constant LCU per square kilometre | +20.5% |
| 2002 | 4.89 million constant LCU per square kilometre | +6.7% |
| 2003 | 4.87 million constant LCU per square kilometre | -0.4% |
| 2004 | 5.17 million constant LCU per square kilometre | +6.1% |
| 2005 | 4.94 million constant LCU per square kilometre | -4.3% |
| 2006 | 4.43 million constant LCU per square kilometre | -10.3% |
| 2007 | 4.80 million constant LCU per square kilometre | +8.3% |
| 2008 | 6.09 million constant LCU per square kilometre | +26.8% |
| 2009 | 5.72 million constant LCU per square kilometre | -6.0% |
| 2010 | 7.47 million constant LCU per square kilometre | +30.5% |
| 2011 | 7.28 million constant LCU per square kilometre | -2.5% |
| 2012 | 7.67 million constant LCU per square kilometre | +5.4% |
| 2013 | 9.09 million constant LCU per square kilometre | +18.4% |
| 2014 | 9.84 million constant LCU per square kilometre | +8.3% |
| 2015 | 11.16 million constant LCU per square kilometre | +13.4% |
| 2016 | 13.48 million constant LCU per square kilometre | +20.8% |
| 2017 | 14.95 million constant LCU per square kilometre | +10.9% |
| 2018 | 16.63 million constant LCU per square kilometre | +11.3% |
| 2019 | 17.21 million constant LCU per square kilometre | +3.5% |
| 2020 | 11.32 million constant LCU per square kilometre | -34.2% |
| 2021 | 13.59 million constant LCU per square kilometre | +20.0% |
| 2022 | 15.45 million constant LCU per square kilometre | +13.7% |
| 2023 | 16.42 million constant LCU per square kilometre | +6.3% |
Philippines compared with similar countries
- Philippines's 16.42 million constant LCU per square kilometre is above the median for upper middle income countries, which is 1.62 million constant LCU per square kilometre, 10.1× the median. (46 countries reporting)
- Philippines's 16.42 million constant LCU per square kilometre is above the median for East Asia & Pacific, which is 2.92 million constant LCU per square kilometre, 5.6× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.29 million constant LCU per square kilometre | 969,610 constant LCU per square kilometre | 1.56 million constant LCU per square kilometre | 9 |
| 1970s | 2.54 million constant LCU per square kilometre | 1.50 million constant LCU per square kilometre | 3.73 million constant LCU per square kilometre | 10 |
| 1980s | 3.08 million constant LCU per square kilometre | 1.87 million constant LCU per square kilometre | 4.28 million constant LCU per square kilometre | 10 |
| 1990s | 4.00 million constant LCU per square kilometre | 3.20 million constant LCU per square kilometre | 5.08 million constant LCU per square kilometre | 10 |
| 2000s | 4.93 million constant LCU per square kilometre | 3.80 million constant LCU per square kilometre | 6.09 million constant LCU per square kilometre | 10 |
| 2010s | 11.48 million constant LCU per square kilometre | 7.28 million constant LCU per square kilometre | 17.21 million constant LCU per square kilometre | 10 |
| 2020s | 14.20 million constant LCU per square kilometre | 11.32 million constant LCU per square kilometre | 16.42 million constant LCU per square kilometre | 4 |
Countries ranked near Philippines
- 36 Israel 19.80 million constant LCU per square kilometre compare
- 37 Albania 18.08 million constant LCU per square kilometre compare
- 38 Lebanon 17.59 million constant LCU per square kilometre compare
- 40 Gabon 15.69 million constant LCU per square kilometre compare
- 41 Bermuda 15.24 million constant LCU per square kilometre compare
- 42 Seychelles 14.41 million constant LCU per square kilometre 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.60 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0033 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 13.72 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 7.79 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -17.1 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.016 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 66.71 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 4.46 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation (constant lcu), per square kilometre in Philippines?
- Gross capital formation (constant lcu), per square kilometre in Philippines was 16.42 million constant LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross capital formation (constant lcu), per square kilometre recorded in Philippines?
- The highest recorded value was 17.21 million constant LCU per square kilometre in 2019.
- What is the lowest gross capital formation (constant lcu), per square kilometre recorded in Philippines?
- The lowest recorded value was 969,610 constant LCU per square kilometre in 1962.
- How does Philippines rank for gross capital formation (constant lcu), per square kilometre?
- Philippines ranks 39th out of 166 countries with data for 2023.
- Is gross capital formation (constant lcu), per square kilometre rising or falling in Philippines?
- Over the last ten years it is up 80.7%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (constant LCU), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross capital formation (constant LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (constant LCU) ÷ Land area (sq. km)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross capital formation (constant LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.