Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Philippines
Philippines: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 15.45 million SLC per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Philippines, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
In 2023, gross fixed capital formation — value standard local currency, 2015 in Philippines stood at 15.45 million SLC per square kilometre.
That represents a change of up 8.2% on the previous year and up 82.5% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Philippines peaked at 16.3 million SLC per square kilometre in 2019 and was at its lowest, 1.01 million SLC per square kilometre, in 1970.
Philippines ranks 46th of 194 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 — Value Standard Local Currency, 2015 in Philippines, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 1.01 million SLC per square kilometre | — |
| 1971 | 1.1 million SLC per square kilometre | +8.8% |
| 1972 | 1.13 million SLC per square kilometre | +2.2% |
| 1973 | 1.17 million SLC per square kilometre | +4.0% |
| 1974 | 1.36 million SLC per square kilometre | +16.5% |
| 1975 | 1.78 million SLC per square kilometre | +30.7% |
| 1976 | 2.1 million SLC per square kilometre | +17.8% |
| 1977 | 2.16 million SLC per square kilometre | +2.8% |
| 1978 | 2.32 million SLC per square kilometre | +7.5% |
| 1979 | 2.59 million SLC per square kilometre | +11.5% |
| 1980 | 2.82 million SLC per square kilometre | +9.1% |
| 1981 | 3.17 million SLC per square kilometre | +12.1% |
| 1982 | 3.33 million SLC per square kilometre | +5.1% |
| 1983 | 3.61 million SLC per square kilometre | +8.4% |
| 1984 | 2.57 million SLC per square kilometre | -28.6% |
| 1985 | 1.76 million SLC per square kilometre | -31.5% |
| 1986 | 1.78 million SLC per square kilometre | +1.0% |
| 1987 | 1.9 million SLC per square kilometre | +6.9% |
| 1988 | 2.21 million SLC per square kilometre | +16.4% |
| 1989 | 2.69 million SLC per square kilometre | +21.6% |
| 1990 | 3.1 million SLC per square kilometre | +15.0% |
| 1991 | 2.66 million SLC per square kilometre | -14.2% |
| 1992 | 2.83 million SLC per square kilometre | +6.4% |
| 1993 | 3.07 million SLC per square kilometre | +8.7% |
| 1994 | 3.3 million SLC per square kilometre | +7.5% |
| 1995 | 3.46 million SLC per square kilometre | +4.7% |
| 1996 | 3.87 million SLC per square kilometre | +12.0% |
| 1997 | 4.32 million SLC per square kilometre | +11.5% |
| 1998 | 3.84 million SLC per square kilometre | -11.2% |
| 1999 | 3.61 million SLC per square kilometre | -5.9% |
| 2000 | 4.03 million SLC per square kilometre | +11.7% |
| 2001 | 3.85 million SLC per square kilometre | -4.5% |
| 2002 | 4 million SLC per square kilometre | +3.9% |
| 2003 | 4.39 million SLC per square kilometre | +9.8% |
| 2004 | 4.57 million SLC per square kilometre | +4.1% |
| 2005 | 4.53 million SLC per square kilometre | -0.8% |
| 2006 | 4.75 million SLC per square kilometre | +4.8% |
| 2007 | 5.27 million SLC per square kilometre | +11.0% |
| 2008 | 5.72 million SLC per square kilometre | +8.5% |
| 2009 | 5.84 million SLC per square kilometre | +2.1% |
| 2010 | 7 million SLC per square kilometre | +19.9% |
| 2011 | 6.71 million SLC per square kilometre | -4.2% |
| 2012 | 7.57 million SLC per square kilometre | +12.8% |
| 2013 | 8.47 million SLC per square kilometre | +11.8% |
| 2014 | 9.14 million SLC per square kilometre | +8.0% |
| 2015 | 10.4 million SLC per square kilometre | +13.8% |
| 2016 | 12.57 million SLC per square kilometre | +20.9% |
| 2017 | 13.9 million SLC per square kilometre | +10.6% |
| 2018 | 15.7 million SLC per square kilometre | +13.0% |
| 2019 | 16.3 million SLC per square kilometre | +3.8% |
| 2020 | 11.85 million SLC per square kilometre | -27.3% |
| 2021 | 13.02 million SLC per square kilometre | +9.8% |
| 2022 | 14.29 million SLC per square kilometre | +9.8% |
| 2023 | 15.45 million SLC per square kilometre | +8.2% |
Philippines compared with similar countries
- Philippines's 15.45 million SLC per square kilometre is above the median for upper middle income countries, which is 0.9583 million SLC per square kilometre, 16.1× the median. (54 countries reporting)
- Philippines's 15.45 million SLC per square kilometre is above the median for East Asia & Pacific, which is 1.58 million SLC per square kilometre, 9.8× 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 | -31.5% | 2.57 million SLC per square kilometre | 1.76 million SLC per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.67 million SLC per square kilometre | 1.01 million SLC per square kilometre | 2.59 million SLC per square kilometre | 10 |
| 1980s | 2.59 million SLC per square kilometre | 1.76 million SLC per square kilometre | 3.61 million SLC per square kilometre | 10 |
| 1990s | 3.41 million SLC per square kilometre | 2.66 million SLC per square kilometre | 4.32 million SLC per square kilometre | 10 |
| 2000s | 4.7 million SLC per square kilometre | 3.85 million SLC per square kilometre | 5.84 million SLC per square kilometre | 10 |
| 2010s | 10.78 million SLC per square kilometre | 6.71 million SLC per square kilometre | 16.3 million SLC per square kilometre | 10 |
| 2020s | 13.65 million SLC per square kilometre | 11.85 million SLC per square kilometre | 15.45 million SLC per square kilometre | 4 |
Countries ranked near Philippines
- 43 Nigeria 16.39 million SLC per square kilometre compare
- 44 Serbia 16.15 million SLC per square kilometre compare
- 45 Madagascar 15.48 million SLC per square kilometre compare
- 47 Bermuda 15.39 million SLC per square kilometre compare
- 48 New Caledonia 14.93 million SLC per square kilometre compare
- 49 Malawi 14.73 million SLC per square kilometre 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 15.45 million SLC per square kilometre in 2023, 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 16.3 million SLC per square kilometre in 2019.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Philippines?
- The lowest recorded value was 1.01 million SLC per square kilometre in 1970.
- How does Philippines rank for gross fixed capital formation — value standard local currency, 2015?
- Philippines ranks 46th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Philippines?
- Over the last ten years it is up 82.5%. 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 square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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 Land area (sq. km), 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.