Gross fixed capital formation in Philippines

Philippines: Gross fixed capital formation was 0.8% in 2025. ◆ Volatile

Latest (2025)
0.8%
Change on year
down 87.6%
World rank
121st
of 166 countries
All-time high
20.9%
in 2016
All-time low
-27.3%
in 2020
Years of data
25
2001–2025

Gross fixed capital formation in Philippines, 2001–2025

-30-20-10010202001201320252001: -4.5 annual % growth2002: 3.9 annual % growth2003: 9.6 annual % growth2004: 4.3 annual % growth2005: -0.989 annual % growth2006: 5 annual % growth2007: 11 annual % growth2008: 8.4 annual % growth2009: 2.1 annual % growth2010: 19.9 annual % growth2011: -4.2 annual % growth2012: 12.8 annual % growth2013: 11.8 annual % growth2014: 8 annual % growth2015: 13.8 annual % growth2016: 20.9 annual % growth2017: 10.6 annual % growth2018: 12.9 annual % growth2019: 3.9 annual % growth2020: -27.3 annual % growth2021: 9.8 annual % growth2022: 9.8 annual % growth2023: 8.2 annual % growth2024: 6.3 annual % growth2025: 0.779 annual % growth

Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.

Analysis

The most recent figure for gross fixed capital formation in Philippines is 0.8%, measured in 2025.

That represents a change of down 87.6% on the previous year and down 94.4% over ten years.

Over the whole period, gross fixed capital formation in Philippines peaked at 20.9% in 2016 and was at its lowest, -27.3%, in 2020.

Philippines ranks 121st of 166 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross fixed capital formation in Philippines, year by year

Annual values for Gross fixed capital formation (annual % growth) in Philippines, 2001 to 2025.
Year annual % growth Change
2001 -4.5%
2002 3.9% -186.1%
2003 9.6% +144.7%
2004 4.3% -54.6%
2005 -1.0% -122.8%
2006 5.0% -610.1%
2007 11.0% +118.1%
2008 8.4% -23.3%
2009 2.1% -75.1%
2010 19.9% +848.1%
2011 -4.2% -120.8%
2012 12.8% -408.4%
2013 11.8% -7.7%
2014 8.0% -32.5%
2015 13.8% +72.6%
2016 20.9% +51.6%
2017 10.6% -49.5%
2018 12.9% +22.7%
2019 3.9% -70.2%
2020 -27.3% -808.3%
2021 9.8% -136.0%
2022 9.8% -0.9%
2023 8.2% -15.8%
2024 6.3% -23.5%
2025 0.8% -87.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 4.3% -4.5% 11.0% 9
2010s 11.0% -4.2% 20.9% 10
2020s 1.3% -27.3% 9.8% 6

Countries ranked near Philippines

  1. 118 Zimbabwe 1.2% compare
  2. 119 Netherlands 1.1% compare
  3. 120 Serbia 0.8% compare
  4. 122 Finland 0.8% compare
  5. 123 France 0.5% compare
  6. 124 Uruguay 0.3% compare

See the full ranking of 199 places →

More economy & growth data for Philippines

All data for Philippines →

Frequently asked questions

What is gross fixed capital formation in Philippines?
Gross fixed capital formation in Philippines was 0.8% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross fixed capital formation recorded in Philippines?
The highest recorded value was 20.9% in 2016.
What is the lowest gross fixed capital formation recorded in Philippines?
The lowest recorded value was -27.3% in 2020.
How does Philippines rank for gross fixed capital formation?
Philippines ranks 121st out of 166 countries with data for 2025.
Is gross fixed capital formation rising or falling in Philippines?
Over the last ten years it is down 94.4%. 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 Offices (NSOs), published as part of Gross fixed capital formation (annual % growth). Statizoid updates them automatically from the source API.

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Gross fixed capital formation in Philippines. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 26 August 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-annual-percent-growth/philippines/

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About this data

Indicator
Gross fixed capital formation (annual % growth)
Unit
annual % growth
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
199 places, 8,106 data points, 1961–2025
Last refreshed

Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.