Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Philippines
Philippines: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 0.0423 million SLC per person in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Philippines, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
In 2024, gross fixed capital formation — value standard local currency, 2015 in Philippines stood at 0.0423 million SLC per person.
That represents a change of up 5.4% on the previous year and up 61.0% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Philippines peaked at 0.0439 million SLC per person in 2019 and was at its lowest, 0.008 million SLC per person, in 1970.
That places Philippines 71st out of 194 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Philippines, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.008 million SLC per person | — |
| 1971 | 0.0085 million SLC per person | +6.3% |
| 1972 | 0.0085 million SLC per person | -0.1% |
| 1973 | 0.0087 million SLC per person | +1.7% |
| 1974 | 0.0099 million SLC per person | +14.0% |
| 1975 | 0.0126 million SLC per person | +27.8% |
| 1976 | 0.0145 million SLC per person | +14.9% |
| 1977 | 0.0145 million SLC per person | +0.1% |
| 1978 | 0.0152 million SLC per person | +4.7% |
| 1979 | 0.0165 million SLC per person | +8.6% |
| 1980 | 0.0175 million SLC per person | +6.3% |
| 1981 | 0.0191 million SLC per person | +9.2% |
| 1982 | 0.0196 million SLC per person | +2.2% |
| 1983 | 0.0206 million SLC per person | +5.3% |
| 1984 | 0.0143 million SLC per person | -30.7% |
| 1985 | 0.0095 million SLC per person | -33.3% |
| 1986 | 0.0094 million SLC per person | -1.6% |
| 1987 | 0.0098 million SLC per person | +4.1% |
| 1988 | 0.0111 million SLC per person | +13.3% |
| 1989 | 0.0131 million SLC per person | +18.6% |
| 1990 | 0.0147 million SLC per person | +12.1% |
| 1991 | 0.0123 million SLC per person | -16.2% |
| 1992 | 0.0128 million SLC per person | +3.9% |
| 1993 | 0.0136 million SLC per person | +6.1% |
| 1994 | 0.0143 million SLC per person | +5.2% |
| 1995 | 0.0146 million SLC per person | +2.4% |
| 1996 | 0.016 million SLC per person | +9.5% |
| 1997 | 0.0174 million SLC per person | +8.9% |
| 1998 | 0.0151 million SLC per person | -13.4% |
| 1999 | 0.0138 million SLC per person | -8.3% |
| 2000 | 0.0151 million SLC per person | +9.0% |
| 2001 | 0.0141 million SLC per person | -6.6% |
| 2002 | 0.0144 million SLC per person | +1.8% |
| 2003 | 0.0155 million SLC per person | +7.7% |
| 2004 | 0.0158 million SLC per person | +2.1% |
| 2005 | 0.0154 million SLC per person | -2.7% |
| 2006 | 0.0158 million SLC per person | +3.1% |
| 2007 | 0.0173 million SLC per person | +9.1% |
| 2008 | 0.0184 million SLC per person | +6.6% |
| 2009 | 0.0184 million SLC per person | +0.2% |
| 2010 | 0.0217 million SLC per person | +17.5% |
| 2011 | 0.0204 million SLC per person | -6.1% |
| 2012 | 0.0225 million SLC per person | +10.6% |
| 2013 | 0.0247 million SLC per person | +9.8% |
| 2014 | 0.0263 million SLC per person | +6.2% |
| 2015 | 0.0294 million SLC per person | +12.1% |
| 2016 | 0.0351 million SLC per person | +19.3% |
| 2017 | 0.0383 million SLC per person | +9.1% |
| 2018 | 0.0428 million SLC per person | +11.6% |
| 2019 | 0.0439 million SLC per person | +2.6% |
| 2020 | 0.0315 million SLC per person | -28.1% |
| 2021 | 0.0343 million SLC per person | +8.9% |
| 2022 | 0.0374 million SLC per person | +8.9% |
| 2023 | 0.0401 million SLC per person | +7.3% |
| 2024 | 0.0423 million SLC per person | +5.4% |
Philippines compared with similar countries
- Philippines's 0.0423 million SLC per person is above the median for upper middle income countries, which is 0.0117 million SLC per person, 3.6× the median. (54 countries reporting)
- Philippines's 0.0423 million SLC per person is above the median for East Asia & Pacific, which is 0.0171 million SLC per person, 2.5× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, 2015 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 |
|---|---|---|---|
| 1985 | -33.3% | 0.0143 million SLC per person | 0.0095 million SLC per person |
| 1984 | -30.7% | 0.0206 million SLC per person | 0.0143 million SLC per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0117 million SLC per person | 0.008 million SLC per person | 0.0165 million SLC per person | 10 |
| 1980s | 0.0144 million SLC per person | 0.0094 million SLC per person | 0.0206 million SLC per person | 10 |
| 1990s | 0.0145 million SLC per person | 0.0123 million SLC per person | 0.0174 million SLC per person | 10 |
| 2000s | 0.016 million SLC per person | 0.0141 million SLC per person | 0.0184 million SLC per person | 10 |
| 2010s | 0.0305 million SLC per person | 0.0204 million SLC per person | 0.0439 million SLC per person | 10 |
| 2020s | 0.0371 million SLC per person | 0.0315 million SLC per person | 0.0423 million SLC per person | 5 |
Countries ranked near Philippines
- 68 Burundi 0.0447 million SLC per person compare
- 69 Yemen 0.0434 million SLC per person compare
- 70 Liechtenstein 0.0432 million SLC per person compare
- 72 Mexico 0.0388 million SLC per person compare
- 73 Israel 0.0364 million SLC per person compare
- 74 United Arab Emirates 0.0352 million SLC per person 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.60 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0033 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 13.72 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 7.79 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -17.1 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.016 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 66.71 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 4.46 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, 2015 in Philippines?
- Gross fixed capital formation — value standard local currency, 2015 in Philippines was 0.0423 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Philippines?
- The highest recorded value was 0.0439 million SLC per person in 2019.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Philippines?
- The lowest recorded value was 0.008 million SLC per person in 1970.
- How does Philippines rank for gross fixed capital formation — value standard local currency, 2015?
- Philippines ranks 71st out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Philippines?
- Over the last ten years it is up 61.0%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.