Gross fixed capital formation, Private sector, Constant prices in Philippines
Philippines: Gross fixed capital formation, Private sector, Constant prices was 15.84 in 2019. ▲ Rising
Gross fixed capital formation, Private sector, Constant prices in Philippines, 1960–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross fixed capital formation, private sector, constant prices in Philippines is 15.84, measured in 2019.
The figure is down 4.7% on the previous year and up 52.8% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Philippines peaked at 16.63 in 2018 and was at its lowest, 7.84, in 1986.
Philippines ranks 82nd of 173 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 60 years of available data.
Gross fixed capital formation, Private sector, Constant prices in Philippines, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 9.33 | — |
| 1961 | 9.18 | -1.6% |
| 1962 | 9.1 | -0.9% |
| 1963 | 8.86 | -2.6% |
| 1964 | 8.9 | +0.4% |
| 1965 | 8.78 | -1.3% |
| 1966 | 8.75 | -0.4% |
| 1967 | 8.64 | -1.2% |
| 1968 | 8.56 | -0.9% |
| 1969 | 8.5 | -0.7% |
| 1970 | 8.43 | -0.9% |
| 1971 | 8.7 | +3.2% |
| 1972 | 9.27 | +6.6% |
| 1973 | 8.7 | -6.1% |
| 1974 | 9.4 | +8.0% |
| 1975 | 11.57 | +23.1% |
| 1976 | 9.11 | -21.3% |
| 1977 | 10.38 | +14.0% |
| 1978 | 10.69 | +3.0% |
| 1979 | 11.65 | +8.9% |
| 1980 | 13.03 | +11.9% |
| 1981 | 13.18 | +1.1% |
| 1982 | 13.44 | +2.0% |
| 1983 | 13.79 | +2.6% |
| 1984 | 10.13 | -26.5% |
| 1985 | 8.28 | -18.3% |
| 1986 | 7.84 | -5.3% |
| 1987 | 9.22 | +17.6% |
| 1988 | 10.03 | +8.7% |
| 1989 | 11.09 | +10.6% |
| 1990 | 11.45 | +3.2% |
| 1991 | 9.36 | -18.3% |
| 1992 | 9.69 | +3.6% |
| 1993 | 10.52 | +8.5% |
| 1994 | 11.58 | +10.1% |
| 1995 | 11.72 | +1.2% |
| 1996 | 12.64 | +7.8% |
| 1997 | 13.05 | +3.2% |
| 1998 | 12.14 | -7.0% |
| 1999 | 10.93 | -10.0% |
| 2000 | 12.21 | +11.8% |
| 2001 | 11.93 | -2.3% |
| 2002 | 11.72 | -1.8% |
| 2003 | 12.43 | +6.1% |
| 2004 | 12.02 | -3.3% |
| 2005 | 11.72 | -2.5% |
| 2006 | 11.87 | +1.3% |
| 2007 | 11.43 | -3.8% |
| 2008 | 11.06 | -3.2% |
| 2009 | 10.37 | -6.3% |
| 2010 | 11.74 | +13.2% |
| 2011 | 11.79 | +0.4% |
| 2012 | 11.58 | -1.8% |
| 2013 | 12.37 | +6.8% |
| 2014 | 12.6 | +1.9% |
| 2015 | 13.65 | +8.3% |
| 2016 | 15.78 | +15.6% |
| 2017 | 16.2 | +2.6% |
| 2018 | 16.63 | +2.7% |
| 2019 | 15.84 | -4.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.86 | 8.5 | 9.33 | 10 |
| 1970s | 9.79 | 8.43 | 11.65 | 10 |
| 1980s | 11 | 7.84 | 13.79 | 10 |
| 1990s | 11.31 | 9.36 | 13.05 | 10 |
| 2000s | 11.68 | 10.37 | 12.43 | 10 |
| 2010s | 13.82 | 11.58 | 16.63 | 10 |
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)
- Final consumption expenditure (constant 2015 US$), per capita 3,507 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 4.86 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 1.14 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 4,742 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 5.25 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 65.38 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 272,678 current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 3.72 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector, constant prices in Philippines?
- Gross fixed capital formation, private sector, constant prices in Philippines was 15.84 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, constant prices recorded in Philippines?
- The highest recorded value was 16.63 in 2018.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Philippines?
- The lowest recorded value was 7.84 in 1986.
- How does Philippines rank for gross fixed capital formation, private sector, constant prices?
- Philippines ranks 82nd out of 173 countries with data for 2019.
- Is gross fixed capital formation, private sector, constant prices rising or falling in Philippines?
- Over the last ten years it is up 52.8%. The long-run trend across the full record is rising.
- Where does this Philippines data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, Private sector, Constant prices, Percent of GDP. Statizoid updates them automatically from the source API.
Download this data
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.