Gross fixed capital formation in Philippines
Philippines: Gross fixed capital formation was 110.75 billion current US$ in 2025. ◆ Volatile
Gross fixed capital formation in Philippines, 2000–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2025, gross fixed capital formation in Philippines stood at 110.75 billion current US$. That is the highest value across all 26 years on record.
That represents a change of up 1.8% on the previous year and up 62.6% over ten years.
Over the whole period, gross fixed capital formation in Philippines peaked at 110.75 billion current US$ in 2025 and was at its lowest, 14.45 billion current US$, in 2001.
That places Philippines 33rd out of 181 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in Philippines, year by year
| Year | current US$ | Change |
|---|---|---|
| 2000 | 16.21 billion current US$ | — |
| 2001 | 14.45 billion current US$ | -10.8% |
| 2002 | 15.47 billion current US$ | +7.0% |
| 2003 | 16.21 billion current US$ | +4.8% |
| 2004 | 17.62 billion current US$ | +8.7% |
| 2005 | 19.53 billion current US$ | +10.9% |
| 2006 | 23.90 billion current US$ | +22.3% |
| 2007 | 29.44 billion current US$ | +23.2% |
| 2008 | 34.66 billion current US$ | +17.7% |
| 2009 | 32.76 billion current US$ | -5.5% |
| 2010 | 42.51 billion current US$ | +29.8% |
| 2011 | 44.42 billion current US$ | +4.5% |
| 2012 | 52.20 billion current US$ | +17.5% |
| 2013 | 59.00 billion current US$ | +13.0% |
| 2014 | 62.06 billion current US$ | +5.2% |
| 2015 | 68.13 billion current US$ | +9.8% |
| 2016 | 79.65 billion current US$ | +16.9% |
| 2017 | 84.23 billion current US$ | +5.8% |
| 2018 | 94.63 billion current US$ | +12.3% |
| 2019 | 102.33 billion current US$ | +8.1% |
| 2020 | 77.06 billion current US$ | -24.7% |
| 2021 | 87.80 billion current US$ | +13.9% |
| 2022 | 94.40 billion current US$ | +7.5% |
| 2023 | 103.30 billion current US$ | +9.4% |
| 2024 | 108.76 billion current US$ | +5.3% |
| 2025 | 110.75 billion current US$ | +1.8% |
Philippines compared with similar countries
- Philippines's 110.75 billion current US$ is above the median for upper middle income countries, which is 10.71 billion current US$, 10.3× the median. (51 countries reporting)
- Philippines's 110.75 billion current US$ is above the median for East Asia & Pacific, which is 6.21 billion current US$, 17.8× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22.02 billion current US$ | 14.45 billion current US$ | 34.66 billion current US$ | 10 |
| 2010s | 68.92 billion current US$ | 42.51 billion current US$ | 102.33 billion current US$ | 10 |
| 2020s | 97.01 billion current US$ | 77.06 billion current US$ | 110.75 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$), annual growth rate 4.46 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in Philippines?
- Gross fixed capital formation in Philippines was 110.75 billion current US$ 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 110.75 billion current US$ in 2025.
- What is the lowest gross fixed capital formation recorded in Philippines?
- The lowest recorded value was 14.45 billion current US$ in 2001.
- How does Philippines rank for gross fixed capital formation?
- Philippines ranks 33rd out of 181 countries with data for 2025.
- Is gross fixed capital formation rising or falling in Philippines?
- Over the last ten years it is up 62.6%. 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 (current US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.