Gross fixed capital formation (constant LCU) in Philippines
Philippines: Gross fixed capital formation (constant LCU) was 5.26 trillion constant LCU 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 LCU.
Analysis
In 2025, gross fixed capital formation in Philippines stood at 5.26 trillion constant LCU. That is the highest value across all 26 years on record.
That represents a change of 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 5.26 trillion constant LCU in 2025 and was at its lowest, 1.22 trillion constant LCU, in 2001.
Philippines ranks 31st of 168 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 (constant LCU) in Philippines, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2000 | 1.28 trillion constant LCU | — |
| 2001 | 1.22 trillion constant LCU | -4.5% |
| 2002 | 1.27 trillion constant LCU | +3.9% |
| 2003 | 1.39 trillion constant LCU | +9.6% |
| 2004 | 1.45 trillion constant LCU | +4.3% |
| 2005 | 1.43 trillion constant LCU | -1.0% |
| 2006 | 1.51 trillion constant LCU | +5.0% |
| 2007 | 1.67 trillion constant LCU | +11.0% |
| 2008 | 1.81 trillion constant LCU | +8.4% |
| 2009 | 1.85 trillion constant LCU | +2.1% |
| 2010 | 2.22 trillion constant LCU | +19.9% |
| 2011 | 2.13 trillion constant LCU | -4.2% |
| 2012 | 2.40 trillion constant LCU | +12.8% |
| 2013 | 2.69 trillion constant LCU | +11.8% |
| 2014 | 2.90 trillion constant LCU | +8.0% |
| 2015 | 3.30 trillion constant LCU | +13.8% |
| 2016 | 3.99 trillion constant LCU | +20.9% |
| 2017 | 4.41 trillion constant LCU | +10.6% |
| 2018 | 4.98 trillion constant LCU | +12.9% |
| 2019 | 5.18 trillion constant LCU | +3.9% |
| 2020 | 3.76 trillion constant LCU | -27.3% |
| 2021 | 4.13 trillion constant LCU | +9.8% |
| 2022 | 4.54 trillion constant LCU | +9.8% |
| 2023 | 4.91 trillion constant LCU | +8.2% |
| 2024 | 5.22 trillion constant LCU | +6.3% |
| 2025 | 5.26 trillion constant LCU | +0.8% |
Philippines compared with similar countries
- Philippines's 5.26 trillion constant LCU is above the median for upper middle income countries, which is 349.48 billion constant LCU, 15.0× the median. (46 countries reporting)
- Philippines's 5.26 trillion constant LCU is above the median for East Asia & Pacific, which is 144.50 billion constant LCU, 36.4× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.49 trillion constant LCU | 1.22 trillion constant LCU | 1.85 trillion constant LCU | 10 |
| 2010s | 3.42 trillion constant LCU | 2.13 trillion constant LCU | 5.18 trillion constant LCU | 10 |
| 2020s | 4.63 trillion constant LCU | 3.76 trillion constant LCU | 5.26 trillion constant LCU | 6 |
Countries ranked near Philippines
- 28 Mexico 5.78 trillion constant LCU compare
- 29 Cameroon 5.49 trillion constant LCU compare
- 30 United States 5.33 trillion constant LCU compare
- 32 Democratic Republic of Congo 5.08 trillion constant LCU compare
- 33 Pakistan 4.67 trillion constant LCU compare
- 34 Algeria 4.65 trillion constant LCU compare
More economy & growth data for Philippines
- Real gdp growth, annual growth rate -22.65 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.64 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0081 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 33.76 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5964 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0059 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 24.65 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.11 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in Philippines?
- Gross fixed capital formation in Philippines was 5.26 trillion constant LCU 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 5.26 trillion constant LCU in 2025.
- What is the lowest gross fixed capital formation recorded in Philippines?
- The lowest recorded value was 1.22 trillion constant LCU in 2001.
- How does Philippines rank for gross fixed capital formation?
- Philippines ranks 31st out of 168 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 LCU). 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 varies by country. This series is expressed in local currency units.