Gross Fixed Capital Formation Deflator — Value Standard Local in Philippines
Philippines: Gross Fixed Capital Formation Deflator — Value Standard Local was 127.22 SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation Deflator — Value Standard Local in Philippines, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
Philippines recorded 127.22 SLC for gross fixed capital formation deflator — value standard local in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 2.0% on the previous year and up 25.8% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in Philippines peaked at 127.22 SLC in 2024 and was at its lowest, 2.63 SLC, in 1970.
Philippines ranks 110th of 194 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 Deflator — Value Standard Local in Philippines, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 2.63 SLC | — |
| 1971 | 2.93 SLC | +11.3% |
| 1972 | 3.13 SLC | +6.8% |
| 1973 | 3.71 SLC | +18.5% |
| 1974 | 5.08 SLC | +37.1% |
| 1975 | 5.56 SLC | +9.5% |
| 1976 | 5.94 SLC | +6.9% |
| 1977 | 6.32 SLC | +6.4% |
| 1978 | 6.78 SLC | +7.2% |
| 1979 | 8.05 SLC | +18.8% |
| 1980 | 8.76 SLC | +8.8% |
| 1981 | 9.2 SLC | +5.0% |
| 1982 | 9.78 SLC | +6.3% |
| 1983 | 11.38 SLC | +16.3% |
| 1984 | 17.51 SLC | +53.9% |
| 1985 | 19.89 SLC | +13.6% |
| 1986 | 20.44 SLC | +2.8% |
| 1987 | 22.05 SLC | +7.9% |
| 1988 | 23.92 SLC | +8.5% |
| 1989 | 26.65 SLC | +11.4% |
| 1990 | 29.95 SLC | +12.4% |
| 1991 | 35.06 SLC | +17.1% |
| 1992 | 37.26 SLC | +6.3% |
| 1993 | 42.49 SLC | +14.0% |
| 1994 | 45.12 SLC | +6.2% |
| 1995 | 45.59 SLC | +1.0% |
| 1996 | 48.92 SLC | +7.3% |
| 1997 | 51.12 SLC | +4.5% |
| 1998 | 54.74 SLC | +7.1% |
| 1999 | 56.55 SLC | +3.3% |
| 2000 | 59.63 SLC | +5.5% |
| 2001 | 64.27 SLC | +7.8% |
| 2002 | 67 SLC | +4.2% |
| 2003 | 67.29 SLC | +0.4% |
| 2004 | 72.51 SLC | +7.8% |
| 2005 | 79.75 SLC | +10.0% |
| 2006 | 86.61 SLC | +8.6% |
| 2007 | 86.46 SLC | -0.2% |
| 2008 | 90.15 SLC | +4.3% |
| 2009 | 89.79 SLC | -0.4% |
| 2010 | 91.92 SLC | +2.4% |
| 2011 | 96.24 SLC | +4.7% |
| 2012 | 97.72 SLC | +1.5% |
| 2013 | 99.26 SLC | +1.6% |
| 2014 | 101.12 SLC | +1.9% |
| 2015 | 100 SLC | -1.1% |
| 2016 | 100.94 SLC | +0.9% |
| 2017 | 102.48 SLC | +1.5% |
| 2018 | 106.49 SLC | +3.9% |
| 2019 | 109.06 SLC | +2.4% |
| 2020 | 108.26 SLC | -0.7% |
| 2021 | 111.46 SLC | +3.0% |
| 2022 | 120.76 SLC | +8.4% |
| 2023 | 124.69 SLC | +3.3% |
| 2024 | 127.22 SLC | +2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.01 SLC | 2.63 SLC | 8.05 SLC | 10 |
| 1980s | 16.96 SLC | 8.76 SLC | 26.65 SLC | 10 |
| 1990s | 44.68 SLC | 29.95 SLC | 56.55 SLC | 10 |
| 2000s | 76.35 SLC | 59.63 SLC | 90.15 SLC | 10 |
| 2010s | 100.52 SLC | 91.92 SLC | 109.06 SLC | 10 |
| 2020s | 118.48 SLC | 108.26 SLC | 127.22 SLC | 5 |
Countries ranked near Philippines
- 107 Mauritania 129.54 SLC compare
- 108 Cambodia 128.84 SLC compare
- 109 Congo 128.78 SLC compare
- 111 Cayman Islands 127.16 SLC compare
- 112 El Salvador 127.15 SLC compare
- 113 Bosnia and Herzegovina 126.98 SLC 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)
- GDP (current US$), annual growth rate 5.5 % change on previous year (2025)
- GDP (current US$), per capita 4,171 current US$ per person (2025)
- GDP (current LCU), annual growth rate 5.9 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 57.51 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 239,837 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 4.4 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.9749 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 4,066 constant 2015 US$ per person (2025)
Frequently asked questions
- What is gross fixed capital formation deflator — value standard local in Philippines?
- Gross fixed capital formation deflator — value standard local in Philippines was 127.22 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation deflator — value standard local recorded in Philippines?
- The highest recorded value was 127.22 SLC in 2024.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in Philippines?
- The lowest recorded value was 2.63 SLC in 1970.
- How does Philippines rank for gross fixed capital formation deflator — value standard local?
- Philippines ranks 110th out of 194 countries with data for 2024.
- Is gross fixed capital formation deflator — value standard local rising or falling in Philippines?
- Over the last ten years it is up 25.8%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).