Gross fixed capital formation in Philippines
Philippines: Gross fixed capital formation was 22.7% in 2025. ▲ Rising
Gross fixed capital formation in Philippines, 2000–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2025, gross fixed capital formation in Philippines stood at 22.7%.
That represents a change of down 3.5% on the previous year and up 2.3% over ten years.
Over the whole period, gross fixed capital formation in Philippines peaked at 27.3% in 2018 and was at its lowest, 18.2%, in 2005.
Philippines ranks 85th of 180 countries on this measure, in the middle of the range.
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 | % of GDP | Change |
|---|---|---|
| 2000 | 19.4% | — |
| 2001 | 18.3% | -5.5% |
| 2002 | 18.3% | +0.2% |
| 2003 | 18.6% | +1.6% |
| 2004 | 18.5% | -0.4% |
| 2005 | 18.2% | -2.0% |
| 2006 | 18.7% | +3.0% |
| 2007 | 18.9% | +0.8% |
| 2008 | 19.1% | +1.1% |
| 2009 | 18.6% | -2.5% |
| 2010 | 20.4% | +9.6% |
| 2011 | 19.0% | -7.0% |
| 2012 | 19.9% | +5.1% |
| 2013 | 20.8% | +4.3% |
| 2014 | 20.9% | +0.4% |
| 2015 | 22.2% | +6.6% |
| 2016 | 25.0% | +12.4% |
| 2017 | 25.6% | +2.6% |
| 2018 | 27.3% | +6.4% |
| 2019 | 27.2% | -0.5% |
| 2020 | 21.3% | -21.6% |
| 2021 | 22.3% | +4.6% |
| 2022 | 23.3% | +4.8% |
| 2023 | 23.6% | +1.2% |
| 2024 | 23.6% | -0.3% |
| 2025 | 22.7% | -3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18.7% | 18.2% | 19.4% | 10 |
| 2010s | 22.8% | 19.0% | 27.3% | 10 |
| 2020s | 22.8% | 21.3% | 23.6% | 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)
- Services, value added (current US$), annual growth rate 7.49 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6442 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 2,687 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 7.89 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 37.04 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 154,500 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 5.82 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.6191 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation in Philippines?
- Gross fixed capital formation in Philippines was 22.7% 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 27.3% in 2018.
- What is the lowest gross fixed capital formation recorded in Philippines?
- The lowest recorded value was 18.2% in 2005.
- How does Philippines rank for gross fixed capital formation?
- Philippines ranks 85th out of 180 countries with data for 2025.
- Is gross fixed capital formation rising or falling in Philippines?
- Over the last ten years it is up 2.3%. 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.