Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Philippines
Philippines: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 4.90 million million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Philippines, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Philippines recorded 4.90 million million SLC for gross fixed capital formation — value standard local currency, 2015 in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 6.3% on the previous year and up 79.7% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Philippines peaked at 4.90 million million SLC in 2024 and was at its lowest, 301,832 million SLC, in 1970.
That places Philippines 30th out of 194 countries with data for 2024, putting it 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 | Change |
|---|---|---|
| 1970 | 301,832 million SLC | — |
| 1971 | 328,376 million SLC | +8.8% |
| 1972 | 335,602 million SLC | +2.2% |
| 1973 | 349,140 million SLC | +4.0% |
| 1974 | 406,594 million SLC | +16.5% |
| 1975 | 531,383 million SLC | +30.7% |
| 1976 | 626,064 million SLC | +17.8% |
| 1977 | 643,421 million SLC | +2.8% |
| 1978 | 691,796 million SLC | +7.5% |
| 1979 | 771,416 million SLC | +11.5% |
| 1980 | 841,698 million SLC | +9.1% |
| 1981 | 943,813 million SLC | +12.1% |
| 1982 | 992,025 million SLC | +5.1% |
| 1983 | 1.08 million million SLC | +8.4% |
| 1984 | 767,668 million SLC | -28.6% |
| 1985 | 525,893 million SLC | -31.5% |
| 1986 | 531,003 million SLC | +1.0% |
| 1987 | 567,549 million SLC | +6.9% |
| 1988 | 660,393 million SLC | +16.4% |
| 1989 | 803,092 million SLC | +21.6% |
| 1990 | 923,485 million SLC | +15.0% |
| 1991 | 792,481 million SLC | -14.2% |
| 1992 | 843,133 million SLC | +6.4% |
| 1993 | 916,577 million SLC | +8.7% |
| 1994 | 985,061 million SLC | +7.5% |
| 1995 | 1.03 million million SLC | +4.7% |
| 1996 | 1.16 million million SLC | +12.0% |
| 1997 | 1.29 million million SLC | +11.5% |
| 1998 | 1.14 million million SLC | -11.2% |
| 1999 | 1.08 million million SLC | -5.9% |
| 2000 | 1.20 million million SLC | +11.7% |
| 2001 | 1.15 million million SLC | -4.5% |
| 2002 | 1.19 million million SLC | +3.9% |
| 2003 | 1.31 million million SLC | +9.8% |
| 2004 | 1.36 million million SLC | +4.1% |
| 2005 | 1.35 million million SLC | -0.8% |
| 2006 | 1.42 million million SLC | +4.8% |
| 2007 | 1.57 million million SLC | +11.0% |
| 2008 | 1.71 million million SLC | +8.5% |
| 2009 | 1.74 million million SLC | +2.1% |
| 2010 | 2.09 million million SLC | +20.0% |
| 2011 | 2.00 million million SLC | -4.2% |
| 2012 | 2.26 million million SLC | +12.8% |
| 2013 | 2.52 million million SLC | +11.8% |
| 2014 | 2.73 million million SLC | +8.0% |
| 2015 | 3.10 million million SLC | +13.8% |
| 2016 | 3.75 million million SLC | +20.9% |
| 2017 | 4.14 million million SLC | +10.6% |
| 2018 | 4.68 million million SLC | +13.0% |
| 2019 | 4.86 million million SLC | +3.8% |
| 2020 | 3.53 million million SLC | -27.3% |
| 2021 | 3.88 million million SLC | +9.8% |
| 2022 | 4.26 million million SLC | +9.8% |
| 2023 | 4.61 million million SLC | +8.2% |
| 2024 | 4.90 million million SLC | +6.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 498,562 million SLC | 301,832 million SLC | 771,416 million SLC | 10 |
| 1980s | 770,894 million SLC | 525,893 million SLC | 1.08 million million SLC | 10 |
| 1990s | 1.02 million million SLC | 792,481 million SLC | 1.29 million million SLC | 10 |
| 2000s | 1.40 million million SLC | 1.15 million million SLC | 1.74 million million SLC | 10 |
| 2010s | 3.21 million million SLC | 2.00 million million SLC | 4.86 million million SLC | 10 |
| 2020s | 4.24 million million SLC | 3.53 million million SLC | 4.90 million million SLC | 5 |
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)
- GNI (current LCU), annual growth rate 7.75 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 66.11 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 275,705 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 21.56 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual 22.01 % change on previous year (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0124 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 80.53 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 58.8 (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 4.90 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Philippines?
- The highest recorded value was 4.90 million million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Philippines?
- The lowest recorded value was 301,832 million SLC in 1970.
- How does Philippines rank for gross fixed capital formation — value standard local currency, 2015?
- Philippines ranks 30th 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 79.7%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).