Gross fixed capital formation, Private sector … Private Purchasing in Philippines
Philippines: Gross fixed capital formation, Private sector … Private Purchasing 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 … Private Purchasing 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% |
Philippines compared with similar countries
- Philippines's 147.34 is above the median for upper middle income countries, which is 13.11, 11.2× the median. (50 countries reporting)
- Philippines's 147.34 is above the median for East Asia & Pacific, which is 78.19, 1.9× the median. (20 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation, Private sector … Private Purchasing in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1984 | -31.9% | 32.8 | 22.34 |
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 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)
- SDRs holdings, US dollar, annual growth rate 5.64 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0081 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 33.76 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5964 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0059 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 24.65 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.11 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0043 units 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
CSV · JSON — 60 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.