Gross fixed capital formation in Philippines
Philippines: Gross fixed capital formation was 108.48 billion constant 2015 US$ in 2025. ▲ Rising
Gross fixed capital formation in Philippines, 2000–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Philippines recorded 108.48 billion constant 2015 US$ for gross fixed capital formation in 2025. That is the highest value across all 26 years on record.
The figure is up 0.8% on the previous year and up 59.2% over ten years.
Over the whole period, gross fixed capital formation in Philippines peaked at 108.48 billion constant 2015 US$ in 2025 and was at its lowest, 25.17 billion constant 2015 US$, in 2001.
Philippines ranks 28th of 161 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Gross fixed capital formation in Philippines, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2000 | 26.37 billion constant 2015 US$ | — |
| 2001 | 25.17 billion constant 2015 US$ | -4.5% |
| 2002 | 26.15 billion constant 2015 US$ | +3.9% |
| 2003 | 28.66 billion constant 2015 US$ | +9.6% |
| 2004 | 29.91 billion constant 2015 US$ | +4.3% |
| 2005 | 29.61 billion constant 2015 US$ | -1.0% |
| 2006 | 31.10 billion constant 2015 US$ | +5.0% |
| 2007 | 34.53 billion constant 2015 US$ | +11.0% |
| 2008 | 37.44 billion constant 2015 US$ | +8.4% |
| 2009 | 38.23 billion constant 2015 US$ | +2.1% |
| 2010 | 45.85 billion constant 2015 US$ | +19.9% |
| 2011 | 43.95 billion constant 2015 US$ | -4.2% |
| 2012 | 49.58 billion constant 2015 US$ | +12.8% |
| 2013 | 55.45 billion constant 2015 US$ | +11.8% |
| 2014 | 59.88 billion constant 2015 US$ | +8.0% |
| 2015 | 68.13 billion constant 2015 US$ | +13.8% |
| 2016 | 82.36 billion constant 2015 US$ | +20.9% |
| 2017 | 91.06 billion constant 2015 US$ | +10.6% |
| 2018 | 102.85 billion constant 2015 US$ | +12.9% |
| 2019 | 106.81 billion constant 2015 US$ | +3.9% |
| 2020 | 77.64 billion constant 2015 US$ | -27.3% |
| 2021 | 85.28 billion constant 2015 US$ | +9.8% |
| 2022 | 93.60 billion constant 2015 US$ | +9.8% |
| 2023 | 101.28 billion constant 2015 US$ | +8.2% |
| 2024 | 107.64 billion constant 2015 US$ | +6.3% |
| 2025 | 108.48 billion constant 2015 US$ | +0.8% |
Philippines compared with similar countries
- Philippines's 108.48 billion constant 2015 US$ is above the median for upper middle income countries, which is 11.14 billion constant 2015 US$, 9.7× the median. (45 countries reporting)
- Philippines's 108.48 billion constant 2015 US$ is above the median for East Asia & Pacific, which is 9.80 billion constant 2015 US$, 11.1× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 30.72 billion constant 2015 US$ | 25.17 billion constant 2015 US$ | 38.23 billion constant 2015 US$ | 10 |
| 2010s | 70.59 billion constant 2015 US$ | 43.95 billion constant 2015 US$ | 106.81 billion constant 2015 US$ | 10 |
| 2020s | 95.65 billion constant 2015 US$ | 77.64 billion constant 2015 US$ | 108.48 billion constant 2015 US$ | 6 |
Countries ranked near Philippines
- 25 Ireland 115.27 billion constant 2015 US$ compare
- 26 Norway 113.93 billion constant 2015 US$ compare
- 27 Algeria 109.39 billion constant 2015 US$ compare
- 29 Singapore 105.11 billion constant 2015 US$ compare
- 30 Bangladesh 102.98 billion constant 2015 US$ compare
- 31 Israel 102.07 billion constant 2015 US$ 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$), annual growth rate 4.46 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in Philippines?
- Gross fixed capital formation in Philippines was 108.48 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Philippines?
- The highest recorded value was 108.48 billion constant 2015 US$ in 2025.
- What is the lowest gross fixed capital formation recorded in Philippines?
- The lowest recorded value was 25.17 billion constant 2015 US$ in 2001.
- How does Philippines rank for gross fixed capital formation?
- Philippines ranks 28th out of 161 countries with data for 2025.
- Is gross fixed capital formation rising or falling in Philippines?
- Over the last ten years it is up 59.2%. The long-run trend across the full record is rising.
- 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 fixed capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.