Gross Fixed Capital Formation — Value Standard Local Currency, per in Philippines
Philippines: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.0538 million SLC per person in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per in Philippines, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
In 2024, gross fixed capital formation — value standard local currency, per in Philippines stood at 0.0538 million SLC per person. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 7.6% on the previous year and up 102.5% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Philippines peaked at 0.0538 million SLC per person in 2024 and was at its lowest, 0.0002 million SLC per person, in 1970.
That places Philippines 77th 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, per in Philippines, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0002 million SLC per person | — |
| 1971 | 0.0002 million SLC per person | +18.3% |
| 1972 | 0.0003 million SLC per person | +6.7% |
| 1973 | 0.0003 million SLC per person | +20.6% |
| 1974 | 0.0005 million SLC per person | +56.2% |
| 1975 | 0.0007 million SLC per person | +39.9% |
| 1976 | 0.0009 million SLC per person | +22.8% |
| 1977 | 0.0009 million SLC per person | +6.4% |
| 1978 | 0.001 million SLC per person | +12.2% |
| 1979 | 0.0013 million SLC per person | +29.0% |
| 1980 | 0.0015 million SLC per person | +15.6% |
| 1981 | 0.0018 million SLC per person | +14.8% |
| 1982 | 0.0019 million SLC per person | +8.7% |
| 1983 | 0.0023 million SLC per person | +22.5% |
| 1984 | 0.0025 million SLC per person | +6.7% |
| 1985 | 0.0019 million SLC per person | -24.3% |
| 1986 | 0.0019 million SLC per person | +1.1% |
| 1987 | 0.0022 million SLC per person | +12.3% |
| 1988 | 0.0026 million SLC per person | +22.9% |
| 1989 | 0.0035 million SLC per person | +32.1% |
| 1990 | 0.0044 million SLC per person | +25.9% |
| 1991 | 0.0043 million SLC per person | -1.9% |
| 1992 | 0.0048 million SLC per person | +10.4% |
| 1993 | 0.0058 million SLC per person | +21.0% |
| 1994 | 0.0064 million SLC per person | +11.7% |
| 1995 | 0.0067 million SLC per person | +3.5% |
| 1996 | 0.0078 million SLC per person | +17.5% |
| 1997 | 0.0089 million SLC per person | +13.8% |
| 1998 | 0.0083 million SLC per person | -7.2% |
| 1999 | 0.0078 million SLC per person | -5.2% |
| 2000 | 0.009 million SLC per person | +15.0% |
| 2001 | 0.0091 million SLC per person | +0.7% |
| 2002 | 0.0096 million SLC per person | +6.1% |
| 2003 | 0.0104 million SLC per person | +8.1% |
| 2004 | 0.0114 million SLC per person | +10.0% |
| 2005 | 0.0122 million SLC per person | +7.1% |
| 2006 | 0.0137 million SLC per person | +11.9% |
| 2007 | 0.0149 million SLC per person | +8.9% |
| 2008 | 0.0166 million SLC per person | +11.1% |
| 2009 | 0.0166 million SLC per person | -0.2% |
| 2010 | 0.0199 million SLC per person | +20.3% |
| 2011 | 0.0196 million SLC per person | -1.6% |
| 2012 | 0.022 million SLC per person | +12.4% |
| 2013 | 0.0245 million SLC per person | +11.5% |
| 2014 | 0.0266 million SLC per person | +8.2% |
| 2015 | 0.0294 million SLC per person | +10.9% |
| 2016 | 0.0354 million SLC per person | +20.4% |
| 2017 | 0.0393 million SLC per person | +10.8% |
| 2018 | 0.0455 million SLC per person | +16.0% |
| 2019 | 0.0478 million SLC per person | +5.0% |
| 2020 | 0.0341 million SLC per person | -28.7% |
| 2021 | 0.0382 million SLC per person | +12.1% |
| 2022 | 0.0451 million SLC per person | +18.0% |
| 2023 | 0.05 million SLC per person | +10.8% |
| 2024 | 0.0538 million SLC per person | +7.6% |
Philippines compared with similar countries
- Philippines's 0.0538 million SLC per person is above the median for upper middle income countries, which is 0.0292 million SLC per person, 1.8× the median. (54 countries reporting)
- Philippines's 0.0538 million SLC per person is above the median for East Asia & Pacific, which is 0.0231 million SLC per person, 2.3× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, per 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 |
|---|---|---|---|
| 1974 | +56.2% | 0.0003 million SLC per person | 0.0005 million SLC per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0006 million SLC per person | 0.0002 million SLC per person | 0.0013 million SLC per person | 10 |
| 1980s | 0.0022 million SLC per person | 0.0015 million SLC per person | 0.0035 million SLC per person | 10 |
| 1990s | 0.0065 million SLC per person | 0.0043 million SLC per person | 0.0089 million SLC per person | 10 |
| 2000s | 0.0124 million SLC per person | 0.009 million SLC per person | 0.0166 million SLC per person | 10 |
| 2010s | 0.031 million SLC per person | 0.0196 million SLC per person | 0.0478 million SLC per person | 10 |
| 2020s | 0.0443 million SLC per person | 0.0341 million SLC per person | 0.0538 million SLC per person | 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)
- 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, per in Philippines?
- Gross fixed capital formation — value standard local currency, per in Philippines was 0.0538 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in Philippines?
- The highest recorded value was 0.0538 million SLC per person in 2024.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Philippines?
- The lowest recorded value was 0.0002 million SLC per person in 1970.
- How does Philippines rank for gross fixed capital formation — value standard local currency, per?
- Philippines ranks 77th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Philippines?
- Over the last ten years it is up 102.5%. 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, 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 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 ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency 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 divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.