Gross capital formation in Philippines
Philippines: Gross capital formation was 107.84 billion current US$ in 2025. ◆ Volatile
Latest (2025)
107.84 billion current US$
Change on year
down 1.3%
World rank
37th
of 187 countries
All-time high
109.31 billion current US$
in 2024
All-time low
4.95 billion current US$
in 1985
Years of data
45
1981–2025
Gross capital formation in Philippines, 1981–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Philippines recorded 107.84 billion current US$ for gross capital formation in 2025.
Compared with earlier readings it is down 1.3% on the previous year and up 64.9% over ten years.
Over the whole period, gross capital formation in Philippines peaked at 109.31 billion current US$ in 2024 and was at its lowest, 4.95 billion current US$, in 1985.
That places Philippines 37th out of 187 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Philippines, year by year
| Year | current US$ | Change |
|---|---|---|
| 1981 | 10.69 billion current US$ | — |
| 1982 | 11.26 billion current US$ | +5.3% |
| 1983 | 10.66 billion current US$ | -5.4% |
| 1984 | 7.09 billion current US$ | -33.5% |
| 1985 | 4.95 billion current US$ | -30.1% |
| 1986 | 5.12 billion current US$ | +3.3% |
| 1987 | 6.49 billion current US$ | +26.8% |
| 1988 | 7.90 billion current US$ | +21.8% |
| 1989 | 10.19 billion current US$ | +29.1% |
| 1990 | 11.78 billion current US$ | +15.6% |
| 1991 | 10.21 billion current US$ | -13.4% |
| 1992 | 12.54 billion current US$ | +22.8% |
| 1993 | 14.38 billion current US$ | +14.7% |
| 1994 | 17.05 billion current US$ | +18.6% |
| 1995 | 18.45 billion current US$ | +8.2% |
| 1996 | 22.04 billion current US$ | +19.5% |
| 1997 | 22.65 billion current US$ | +2.8% |
| 1998 | 14.89 billion current US$ | -34.2% |
| 1999 | 13.87 billion current US$ | -6.8% |
| 2000 | 13.12 billion current US$ | -5.4% |
| 2001 | 14.95 billion current US$ | +13.9% |
| 2002 | 17.25 billion current US$ | +15.4% |
| 2003 | 17.00 billion current US$ | -1.5% |
| 2004 | 19.69 billion current US$ | +15.9% |
| 2005 | 19.94 billion current US$ | +1.3% |
| 2006 | 20.44 billion current US$ | +2.5% |
| 2007 | 25.16 billion current US$ | +23.1% |
| 2008 | 34.45 billion current US$ | +36.9% |
| 2009 | 30.68 billion current US$ | -11.0% |
| 2010 | 42.59 billion current US$ | +38.9% |
| 2011 | 48.58 billion current US$ | +14.0% |
| 2012 | 51.23 billion current US$ | +5.5% |
| 2013 | 58.60 billion current US$ | +14.4% |
| 2014 | 62.25 billion current US$ | +6.2% |
| 2015 | 65.40 billion current US$ | +5.1% |
| 2016 | 78.44 billion current US$ | +19.9% |
| 2017 | 83.96 billion current US$ | +7.0% |
| 2018 | 94.17 billion current US$ | +12.2% |
| 2019 | 99.49 billion current US$ | +5.6% |
| 2020 | 63.07 billion current US$ | -36.6% |
| 2021 | 83.31 billion current US$ | +32.1% |
| 2022 | 99.82 billion current US$ | +19.8% |
| 2023 | 102.30 billion current US$ | +2.5% |
| 2024 | 109.31 billion current US$ | +6.9% |
| 2025 | 107.84 billion current US$ | -1.3% |
Philippines compared with similar countries
- Philippines's 107.84 billion current US$ is above the median for upper middle income countries, which is 11.53 billion current US$, 9.4× the median. (52 countries reporting)
- Philippines's 107.84 billion current US$ is above the median for East Asia & Pacific, which is 6.38 billion current US$, 16.9× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 8.26 billion current US$ | 4.95 billion current US$ | 11.26 billion current US$ | 9 |
| 1990s | 15.79 billion current US$ | 10.21 billion current US$ | 22.65 billion current US$ | 10 |
| 2000s | 21.27 billion current US$ | 13.12 billion current US$ | 34.45 billion current US$ | 10 |
| 2010s | 68.47 billion current US$ | 42.59 billion current US$ | 99.49 billion current US$ | 10 |
| 2020s | 94.28 billion current US$ | 63.07 billion current US$ | 109.31 billion current US$ | 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$), annual growth rate 4.46 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation in Philippines?
- Gross capital formation in Philippines was 107.84 billion current US$ 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 109.31 billion current US$ in 2024.
- What is the lowest gross capital formation recorded in Philippines?
- The lowest recorded value was 4.95 billion current US$ in 1985.
- How does Philippines rank for gross capital formation?
- Philippines ranks 37th out of 187 countries with data for 2025.
- Is gross capital formation rising or falling in Philippines?
- Over the last ten years it is up 64.9%. 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 (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.