Gross fixed capital formation, Private sector, Current … Domestic in Philippines
Philippines: Gross fixed capital formation, Private sector, Current … Domestic was 3,954 in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Current prices in Philippines, 1970–2019
Source: International Monetary Fund.
Analysis
In 2019, gross fixed capital formation, private sector, current prices in Philippines stood at 3,954. That is the highest value across all 50 years on record.
The figure is up 4.1% on the previous year and up 214.1% over ten years.
Over the whole period, gross fixed capital formation, private sector, current prices in Philippines peaked at 3,954 in 2019 and was at its lowest, 7.12, in 1970.
Philippines ranks 36th of 174 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, Current … Domestic in Philippines, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 7.12 | — |
| 1971 | 8.62 | +21.1% |
| 1972 | 10.35 | +20.0% |
| 1973 | 12.54 | +21.2% |
| 1974 | 19.22 | +53.3% |
| 1975 | 27.35 | +42.3% |
| 1976 | 25.04 | -8.4% |
| 1977 | 32.06 | +28.0% |
| 1978 | 37.22 | +16.1% |
| 1979 | 50.87 | +36.7% |
| 1980 | 65.1 | +28.0% |
| 1981 | 71.52 | +9.9% |
| 1982 | 80.39 | +12.4% |
| 1983 | 97.73 | +21.6% |
| 1984 | 102.43 | +4.8% |
| 1985 | 88.17 | -13.9% |
| 1986 | 88.72 | +0.6% |
| 1987 | 117.43 | +32.4% |
| 1988 | 147.83 | +25.9% |
| 1989 | 193.52 | +30.9% |
| 1990 | 231.2 | +19.5% |
| 1991 | 220.01 | -4.8% |
| 1992 | 242.92 | +10.4% |
| 1993 | 306.98 | +26.4% |
| 1994 | 374.88 | +22.1% |
| 1995 | 401.27 | +7.0% |
| 1996 | 491.47 | +22.5% |
| 1997 | 557.61 | +13.5% |
| 1998 | 552.3 | -1.0% |
| 1999 | 529.26 | -4.2% |
| 2000 | 652.03 | +23.2% |
| 2001 | 690.7 | +5.9% |
| 2002 | 727.29 | +5.3% |
| 2003 | 827.66 | +13.8% |
| 2004 | 925.07 | +11.8% |
| 2005 | 1,002 | +8.3% |
| 2006 | 1,132 | +13.0% |
| 2007 | 1,200 | +6.0% |
| 2008 | 1,298 | +8.2% |
| 2009 | 1,259 | -3.0% |
| 2010 | 1,560 | +24.0% |
| 2011 | 1,630 | +4.5% |
| 2012 | 1,753 | +7.5% |
| 2013 | 2,061 | +17.6% |
| 2014 | 2,283 | +10.7% |
| 2015 | 2,517 | +10.3% |
| 2016 | 3,004 | +19.4% |
| 2017 | 3,331 | +10.9% |
| 2018 | 3,796 | +14.0% |
| 2019 | 3,954 | +4.1% |
Philippines compared with similar countries
- Philippines's 3,954 is above the median for upper middle income countries, which is 269.45, 14.7× the median. (50 countries reporting)
- Philippines's 3,954 is above the median for East Asia & Pacific, which is 3,401, 1.2× the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23.04 | 7.12 | 50.87 | 10 |
| 1980s | 105.29 | 65.1 | 193.52 | 10 |
| 1990s | 390.79 | 220.01 | 557.61 | 10 |
| 2000s | 971.26 | 652.03 | 1,298 | 10 |
| 2010s | 2,589 | 1,560 | 3,954 | 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)
- 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, current prices in Philippines?
- Gross fixed capital formation, private sector, current prices in Philippines was 3,954 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, current prices recorded in Philippines?
- The highest recorded value was 3,954 in 2019.
- What is the lowest gross fixed capital formation, private sector, current prices recorded in Philippines?
- The lowest recorded value was 7.12 in 1970.
- How does Philippines rank for gross fixed capital formation, private sector, current prices?
- Philippines ranks 36th out of 174 countries with data for 2019.
- Is gross fixed capital formation, private sector, current prices rising or falling in Philippines?
- Over the last ten years it is up 214.1%. 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, Current prices, Domestic currency. Statizoid updates them automatically from the source API.
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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.