Gross capital formation in Philippines
Philippines: Gross capital formation was 5.19 trillion constant LCU in 2025. ◆ Volatile
Latest (2025)
5.19 trillion constant LCU
Change on year
down 1.7%
World rank
34th
of 170 countries
All-time high
5.28 trillion constant LCU
in 2024
All-time low
250.56 billion constant LCU
in 1960
Years of data
66
1960–2025
Gross capital formation in Philippines, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Philippines recorded 5.19 trillion constant LCU for gross capital formation in 2025.
That represents a change of down 1.7% on the previous year and up 55.9% over ten years.
Over the whole period, gross capital formation in Philippines peaked at 5.28 trillion constant LCU in 2024 and was at its lowest, 250.56 billion constant LCU, in 1960.
Philippines ranks 34th of 170 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 in Philippines, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1960 | 250.56 billion constant LCU | — |
| 1961 | 290.90 billion constant LCU | +16.1% |
| 1962 | 289.20 billion constant LCU | -0.6% |
| 1963 | 340.93 billion constant LCU | +17.9% |
| 1964 | 376.86 billion constant LCU | +10.5% |
| 1965 | 400.16 billion constant LCU | +6.2% |
| 1966 | 400.42 billion constant LCU | +0.1% |
| 1967 | 442.37 billion constant LCU | +10.5% |
| 1968 | 445.46 billion constant LCU | +0.7% |
| 1969 | 465.64 billion constant LCU | +4.5% |
| 1970 | 447.34 billion constant LCU | -3.9% |
| 1971 | 473.06 billion constant LCU | +5.7% |
| 1972 | 490.24 billion constant LCU | +3.6% |
| 1973 | 548.33 billion constant LCU | +11.8% |
| 1974 | 662.46 billion constant LCU | +20.8% |
| 1975 | 821.99 billion constant LCU | +24.1% |
| 1976 | 977.07 billion constant LCU | +18.9% |
| 1977 | 986.57 billion constant LCU | +1.0% |
| 1978 | 1.07 trillion constant LCU | +8.1% |
| 1979 | 1.11 trillion constant LCU | +4.4% |
| 1980 | 1.07 trillion constant LCU | -3.7% |
| 1981 | 1.10 trillion constant LCU | +2.8% |
| 1982 | 1.20 trillion constant LCU | +8.5% |
| 1983 | 1.28 trillion constant LCU | +6.7% |
| 1984 | 811.69 billion constant LCU | -36.4% |
| 1985 | 556.57 billion constant LCU | -31.4% |
| 1986 | 611.28 billion constant LCU | +9.8% |
| 1987 | 727.60 billion constant LCU | +19.0% |
| 1988 | 829.49 billion constant LCU | +14.0% |
| 1989 | 994.82 billion constant LCU | +19.9% |
| 1990 | 1.15 trillion constant LCU | +15.7% |
| 1991 | 953.87 billion constant LCU | -17.1% |
| 1992 | 1.03 trillion constant LCU | +7.8% |
| 1993 | 1.10 trillion constant LCU | +7.3% |
| 1994 | 1.19 trillion constant LCU | +7.8% |
| 1995 | 1.22 trillion constant LCU | +2.7% |
| 1996 | 1.36 trillion constant LCU | +11.6% |
| 1997 | 1.51 trillion constant LCU | +11.0% |
| 1998 | 1.29 trillion constant LCU | -14.8% |
| 1999 | 1.12 trillion constant LCU | -13.1% |
| 2000 | 1.13 trillion constant LCU | +1.1% |
| 2001 | 1.37 trillion constant LCU | +20.5% |
| 2002 | 1.46 trillion constant LCU | +6.7% |
| 2003 | 1.45 trillion constant LCU | -0.4% |
| 2004 | 1.54 trillion constant LCU | +6.1% |
| 2005 | 1.47 trillion constant LCU | -4.3% |
| 2006 | 1.32 trillion constant LCU | -10.3% |
| 2007 | 1.43 trillion constant LCU | +8.3% |
| 2008 | 1.82 trillion constant LCU | +26.8% |
| 2009 | 1.71 trillion constant LCU | -6.0% |
| 2010 | 2.23 trillion constant LCU | +30.5% |
| 2011 | 2.17 trillion constant LCU | -2.5% |
| 2012 | 2.29 trillion constant LCU | +5.4% |
| 2013 | 2.71 trillion constant LCU | +18.4% |
| 2014 | 2.93 trillion constant LCU | +8.3% |
| 2015 | 3.33 trillion constant LCU | +13.4% |
| 2016 | 4.02 trillion constant LCU | +20.8% |
| 2017 | 4.46 trillion constant LCU | +10.9% |
| 2018 | 4.96 trillion constant LCU | +11.3% |
| 2019 | 5.13 trillion constant LCU | +3.5% |
| 2020 | 3.38 trillion constant LCU | -34.2% |
| 2021 | 4.05 trillion constant LCU | +20.0% |
| 2022 | 4.61 trillion constant LCU | +13.7% |
| 2023 | 4.90 trillion constant LCU | +6.3% |
| 2024 | 5.28 trillion constant LCU | +7.7% |
| 2025 | 5.19 trillion constant LCU | -1.7% |
Philippines compared with similar countries
- Philippines's 5.19 trillion constant LCU is above the median for upper middle income countries, which is 162.77 billion constant LCU, 31.9× the median. (47 countries reporting)
- Philippines's 5.19 trillion constant LCU is above the median for East Asia & Pacific, which is 80.47 billion constant LCU, 64.4× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 370.25 billion constant LCU | 250.56 billion constant LCU | 465.64 billion constant LCU | 10 |
| 1970s | 758.63 billion constant LCU | 447.34 billion constant LCU | 1.11 trillion constant LCU | 10 |
| 1980s | 917.62 billion constant LCU | 556.57 billion constant LCU | 1.28 trillion constant LCU | 10 |
| 1990s | 1.19 trillion constant LCU | 953.87 billion constant LCU | 1.51 trillion constant LCU | 10 |
| 2000s | 1.47 trillion constant LCU | 1.13 trillion constant LCU | 1.82 trillion constant LCU | 10 |
| 2010s | 3.42 trillion constant LCU | 2.17 trillion constant LCU | 5.13 trillion constant LCU | 10 |
| 2020s | 4.57 trillion constant LCU | 3.38 trillion constant LCU | 5.28 trillion constant LCU | 6 |
Countries ranked near Philippines
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 in Philippines?
- Gross capital formation in Philippines was 5.19 trillion constant LCU 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 5.28 trillion constant LCU in 2024.
- What is the lowest gross capital formation recorded in Philippines?
- The lowest recorded value was 250.56 billion constant LCU in 1960.
- How does Philippines rank for gross capital formation?
- Philippines ranks 34th out of 170 countries with data for 2025.
- Is gross capital formation rising or falling in Philippines?
- Over the last ten years it is up 55.9%. 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 (constant LCU). Statizoid updates them automatically from the source API.
Download this data
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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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.