Gross fixed capital formation, Private sector, Constant prices in Philippines
Philippines: Gross fixed capital formation, Private sector, Constant prices was 147.34 in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Constant prices in Philippines, 1960–2019
Source: International Monetary Fund.
Analysis
Philippines recorded 147.34 for gross fixed capital formation, private sector, constant prices in 2019. That is the highest value across all 60 years on record.
That represents a change of up 0.9% on the previous year and up 181.2% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Philippines peaked at 147.34 in 2019 and was at its lowest, 7.07, in 1960.
Philippines ranks 25th of 173 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, Private sector, Constant prices in Philippines, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 7.07 | — |
| 1961 | 7.35 | +4.0% |
| 1962 | 7.65 | +4.0% |
| 1963 | 7.95 | +4.0% |
| 1964 | 8.27 | +4.0% |
| 1965 | 8.6 | +4.0% |
| 1966 | 8.95 | +4.0% |
| 1967 | 9.3 | +4.0% |
| 1968 | 9.68 | +4.0% |
| 1969 | 10.06 | +4.0% |
| 1970 | 10.34 | +2.7% |
| 1971 | 11.25 | +8.8% |
| 1972 | 12.64 | +12.4% |
| 1973 | 12.92 | +2.3% |
| 1974 | 14.45 | +11.8% |
| 1975 | 18.78 | +30.0% |
| 1976 | 16.09 | -14.3% |
| 1977 | 19.36 | +20.4% |
| 1978 | 20.98 | +8.3% |
| 1979 | 24.13 | +15.0% |
| 1980 | 28.39 | +17.6% |
| 1981 | 29.69 | +4.6% |
| 1982 | 31.39 | +5.7% |
| 1983 | 32.8 | +4.5% |
| 1984 | 22.34 | -31.9% |
| 1985 | 16.93 | -24.2% |
| 1986 | 16.57 | -2.1% |
| 1987 | 20.33 | +22.7% |
| 1988 | 23.6 | +16.0% |
| 1989 | 27.73 | +17.5% |
| 1990 | 29.48 | +6.3% |
| 1991 | 23.96 | -18.7% |
| 1992 | 24.9 | +3.9% |
| 1993 | 27.59 | +10.8% |
| 1994 | 31.72 | +15.0% |
| 1995 | 33.61 | +6.0% |
| 1996 | 38.36 | +14.1% |
| 1997 | 41.65 | +8.6% |
| 1998 | 38.53 | -7.5% |
| 1999 | 35.74 | -7.2% |
| 2000 | 41.71 | +16.7% |
| 2001 | 41.94 | +0.5% |
| 2002 | 42.68 | +1.8% |
| 2003 | 47.53 | +11.4% |
| 2004 | 49.03 | +3.2% |
| 2005 | 50.09 | +2.2% |
| 2006 | 53.42 | +6.6% |
| 2007 | 54.82 | +2.6% |
| 2008 | 55.27 | +0.8% |
| 2009 | 52.39 | -5.2% |
| 2010 | 63.86 | +21.9% |
| 2011 | 66.49 | +4.1% |
| 2012 | 69.65 | +4.8% |
| 2013 | 79.62 | +14.3% |
| 2014 | 86.13 | +8.2% |
| 2015 | 98.97 | +14.9% |
| 2016 | 122.28 | +23.6% |
| 2017 | 133.88 | +9.5% |
| 2018 | 146.05 | +9.1% |
| 2019 | 147.34 | +0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.49 | 7.07 | 10.06 | 10 |
| 1970s | 16.09 | 10.34 | 24.13 | 10 |
| 1980s | 24.98 | 16.57 | 32.8 | 10 |
| 1990s | 32.56 | 23.96 | 41.65 | 10 |
| 2000s | 48.89 | 41.71 | 55.27 | 10 |
| 2010s | 101.43 | 63.86 | 147.34 | 10 |
Countries ranked near Philippines
- 22 Poland 180.29 compare
- 23 Netherlands 172.57 compare
- 24 Iran, Islamic Republic of 152.25 compare
- 26 Bangladesh 141.97 compare
- 27 Malaysia 136.94 compare
- 28 Switzerland 136.18 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)
- Gross domestic savings (current US$), annual growth rate -4.04 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.0845 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 352.34 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate -3.68 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 4.86 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 20,262 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 9.42 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.16 current US$ per US$ of GDP (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 147.34 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 147.34 in 2019.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Philippines?
- The lowest recorded value was 7.07 in 1960.
- How does Philippines rank for gross fixed capital formation, private sector, constant prices?
- Philippines ranks 25th 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 181.2%. The long-run trend across the full record is volatile.
- 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, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. 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.