Gross fixed capital formation (current LCU), per square kilometre in Philippines

Philippines: Gross fixed capital formation (current LCU), per square kilometre was 19.27 million current LCU per square kilometre in 2023. ◆ Volatile

Latest (2023)
19.27 million current LCU per square kilometre
Change on year
up 11.7%
World rank
45th
of 177 countries
All-time high
19.27 million current LCU per square kilometre
in 2023
All-time low
2.40 million current LCU per square kilometre
in 2000
Years of data
24
2000–2023

Gross fixed capital formation (current LCU), per square kilometre in Philippines, 2000–2023

05.0M10.0M15.0M20.0M2000201120232000: 2.4M current LCU per square kilometre2001: 2.5M current LCU per square kilometre2002: 2.7M current LCU per square kilometre2003: 2.9M current LCU per square kilometre2004: 3.3M current LCU per square kilometre2005: 3.6M current LCU per square kilometre2006: 4.1M current LCU per square kilometre2007: 4.6M current LCU per square kilometre2008: 5.2M current LCU per square kilometre2009: 5.2M current LCU per square kilometre2010: 6.4M current LCU per square kilometre2011: 6.5M current LCU per square kilometre2012: 7.4M current LCU per square kilometre2013: 8.4M current LCU per square kilometre2014: 9.2M current LCU per square kilometre2015: 10.4M current LCU per square kilometre2016: 12.7M current LCU per square kilometre2017: 14.2M current LCU per square kilometre2018: 16.7M current LCU per square kilometre2019: 17.8M current LCU per square kilometre2020: 12.8M current LCU per square kilometre2021: 14.5M current LCU per square kilometre2022: 17.2M current LCU per square kilometre2023: 19.3M current LCU per square kilometre

Source: Statizoid (derived). Measured in current LCU per square kilometre.

Analysis

Philippines recorded 19.27 million current LCU per square kilometre for gross fixed capital formation (current lcu), per square kilometre in 2023. That is the highest value across all 24 years on record.

Compared with earlier readings it is up 11.7% on the previous year and up 129.4% over ten years.

Over the whole period, gross fixed capital formation (current lcu), per square kilometre in Philippines peaked at 19.27 million current LCU per square kilometre in 2023 and was at its lowest, 2.40 million current LCU per square kilometre, in 2000.

Philippines ranks 45th of 177 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 fixed capital formation (current LCU), per square kilometre in Philippines, year by year

Annual values for Gross fixed capital formation (current LCU), per square kilometre in Philippines, 2000 to 2023.
Year current LCU per square kilometre Change
2000 2.40 million current LCU per square kilometre
2001 2.47 million current LCU per square kilometre +2.9%
2002 2.68 million current LCU per square kilometre +8.3%
2003 2.95 million current LCU per square kilometre +10.1%
2004 3.31 million current LCU per square kilometre +12.3%
2005 3.61 million current LCU per square kilometre +9.0%
2006 4.11 million current LCU per square kilometre +14.0%
2007 4.56 million current LCU per square kilometre +10.8%
2008 5.15 million current LCU per square kilometre +13.1%
2009 5.24 million current LCU per square kilometre +1.7%
2010 6.43 million current LCU per square kilometre +22.8%
2011 6.45 million current LCU per square kilometre +0.3%
2012 7.39 million current LCU per square kilometre +14.6%
2013 8.40 million current LCU per square kilometre +13.6%
2014 9.24 million current LCU per square kilometre +10.0%
2015 10.40 million current LCU per square kilometre +12.5%
2016 12.69 million current LCU per square kilometre +22.0%
2017 14.24 million current LCU per square kilometre +12.2%
2018 16.71 million current LCU per square kilometre +17.4%
2019 17.78 million current LCU per square kilometre +6.4%
2020 12.83 million current LCU per square kilometre -27.8%
2021 14.50 million current LCU per square kilometre +13.1%
2022 17.25 million current LCU per square kilometre +18.9%
2023 19.27 million current LCU per square kilometre +11.7%

Philippines compared with similar countries

  • Philippines's 19.27 million current LCU per square kilometre is above the median for upper middle income countries, which is 3.05 million current LCU per square kilometre, 6.3× the median. (50 countries reporting)
  • Philippines's 19.27 million current LCU per square kilometre is above the median for East Asia & Pacific, which is 5.58 million current LCU per square kilometre, 3.5× the median. (29 countries reporting)

Biggest year-on-year movements

Years where Gross fixed capital formation (current LCU), per square kilometre in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2020 -27.8% 17.78 million current LCU per square kilometre 12.83 million current LCU per square kilometre

Averages by decade

DecadeAverage LowestHighest Years
2000s 3.65 million current LCU per square kilometre 2.40 million current LCU per square kilometre 5.24 million current LCU per square kilometre 10
2010s 10.97 million current LCU per square kilometre 6.43 million current LCU per square kilometre 17.78 million current LCU per square kilometre 10
2020s 15.96 million current LCU per square kilometre 12.83 million current LCU per square kilometre 19.27 million current LCU per square kilometre 4

Countries ranked near Philippines

  1. 42 Syria 21.55 million current LCU per square kilometre compare
  2. 43 Israel 21.45 million current LCU per square kilometre compare
  3. 44 Albania 20.96 million current LCU per square kilometre compare
  4. 46 Bermuda 17.87 million current LCU per square kilometre compare
  5. 47 Denmark 16.40 million current LCU per square kilometre compare
  6. 48 Seychelles 16.12 million current LCU per square kilometre compare

See the full ranking of 177 places →

More economy & growth data for Philippines

All data for Philippines →

Frequently asked questions

What is gross fixed capital formation (current lcu), per square kilometre in Philippines?
Gross fixed capital formation (current lcu), per square kilometre in Philippines was 19.27 million current LCU per square kilometre in 2023, according to Statizoid (derived).
What is the highest gross fixed capital formation (current lcu), per square kilometre recorded in Philippines?
The highest recorded value was 19.27 million current LCU per square kilometre in 2023.
What is the lowest gross fixed capital formation (current lcu), per square kilometre recorded in Philippines?
The lowest recorded value was 2.40 million current LCU per square kilometre in 2000.
How does Philippines rank for gross fixed capital formation (current lcu), per square kilometre?
Philippines ranks 45th out of 177 countries with data for 2023.
Is gross fixed capital formation (current lcu), per square kilometre rising or falling in Philippines?
Over the last ten years it is up 129.4%. The long-run trend across the full record is volatile.
Where does this Philippines data come from?
The figures come from Statizoid (derived), published as part of Gross fixed capital formation (current LCU), per square kilometre. Statizoid updates them automatically from the source API.

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Gross fixed capital formation (current LCU), per square kilometre in Philippines. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-current-lcu-per-square-kilometre/philippines/

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How this figure is calculated

Gross fixed capital formation (current LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Gross fixed capital formation (current LCU) ÷ Land area (sq. km)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross fixed capital formation (current LCU), per square kilometre
Unit
current LCU per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
177 places, 7,630 data points, 1961–2023
Last refreshed

Gross fixed capital formation (current LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.