Gross Fixed Capital Formation — Value Standard Local Currency, per in Philippines
Philippines: Gross Fixed Capital Formation — Value Standard Local Currency, per was 19.27 million SLC per square kilometre in 2023. ◆ Volatile
Latest (2023)
19.27 million SLC per square kilometre
Change on year
up 11.7%
World rank
47th
of 194 countries
All-time high
19.27 million SLC per square kilometre
in 2023
All-time low
0.0266 million SLC per square kilometre
in 1970
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value Standard Local Currency, per 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, per in Philippines stood at 19.27 million SLC per square kilometre. That is the highest value across all 54 years on record.
That represents a change of up 11.7% on the previous year and up 129.3% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Philippines peaked at 19.27 million SLC per square kilometre in 2023 and was at its lowest, 0.0266 million SLC per square kilometre, in 1970.
Philippines ranks 47th 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, per in Philippines, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0266 million SLC per square kilometre | — |
| 1971 | 0.0322 million SLC per square kilometre | +21.1% |
| 1972 | 0.0352 million SLC per square kilometre | +9.2% |
| 1973 | 0.0434 million SLC per square kilometre | +23.3% |
| 1974 | 0.0692 million SLC per square kilometre | +59.6% |
| 1975 | 0.0991 million SLC per square kilometre | +43.1% |
| 1976 | 0.1248 million SLC per square kilometre | +25.9% |
| 1977 | 0.1364 million SLC per square kilometre | +9.3% |
| 1978 | 0.1572 million SLC per square kilometre | +15.2% |
| 1979 | 0.2082 million SLC per square kilometre | +32.5% |
| 1980 | 0.2472 million SLC per square kilometre | +18.7% |
| 1981 | 0.2911 million SLC per square kilometre | +17.8% |
| 1982 | 0.3253 million SLC per square kilometre | +11.7% |
| 1983 | 0.4104 million SLC per square kilometre | +26.2% |
| 1984 | 0.4508 million SLC per square kilometre | +9.8% |
| 1985 | 0.3508 million SLC per square kilometre | -22.2% |
| 1986 | 0.364 million SLC per square kilometre | +3.8% |
| 1987 | 0.4197 million SLC per square kilometre | +15.3% |
| 1988 | 0.5299 million SLC per square kilometre | +26.2% |
| 1989 | 0.7178 million SLC per square kilometre | +35.5% |
| 1990 | 0.9275 million SLC per square kilometre | +29.2% |
| 1991 | 0.932 million SLC per square kilometre | +0.5% |
| 1992 | 1.05 million SLC per square kilometre | +13.0% |
| 1993 | 1.31 million SLC per square kilometre | +24.0% |
| 1994 | 1.49 million SLC per square kilometre | +14.1% |
| 1995 | 1.58 million SLC per square kilometre | +5.8% |
| 1996 | 1.9 million SLC per square kilometre | +20.2% |
| 1997 | 2.21 million SLC per square kilometre | +16.5% |
| 1998 | 2.1 million SLC per square kilometre | -4.9% |
| 1999 | 2.04 million SLC per square kilometre | -2.8% |
| 2000 | 2.4 million SLC per square kilometre | +17.8% |
| 2001 | 2.47 million SLC per square kilometre | +2.9% |
| 2002 | 2.68 million SLC per square kilometre | +8.3% |
| 2003 | 2.96 million SLC per square kilometre | +10.3% |
| 2004 | 3.32 million SLC per square kilometre | +12.2% |
| 2005 | 3.62 million SLC per square kilometre | +9.1% |
| 2006 | 4.12 million SLC per square kilometre | +13.8% |
| 2007 | 4.56 million SLC per square kilometre | +10.8% |
| 2008 | 5.16 million SLC per square kilometre | +13.1% |
| 2009 | 5.24 million SLC per square kilometre | +1.6% |
| 2010 | 6.44 million SLC per square kilometre | +22.8% |
| 2011 | 6.46 million SLC per square kilometre | +0.3% |
| 2012 | 7.4 million SLC per square kilometre | +14.6% |
| 2013 | 8.4 million SLC per square kilometre | +13.6% |
| 2014 | 9.24 million SLC per square kilometre | +10.0% |
| 2015 | 10.4 million SLC per square kilometre | +12.5% |
| 2016 | 12.69 million SLC per square kilometre | +22.0% |
| 2017 | 14.24 million SLC per square kilometre | +12.3% |
| 2018 | 16.72 million SLC per square kilometre | +17.4% |
| 2019 | 17.78 million SLC per square kilometre | +6.3% |
| 2020 | 12.83 million SLC per square kilometre | -27.9% |
| 2021 | 14.51 million SLC per square kilometre | +13.1% |
| 2022 | 17.25 million SLC per square kilometre | +18.9% |
| 2023 | 19.27 million SLC per square kilometre | +11.7% |
Philippines compared with similar countries
- Philippines's 19.27 million SLC per square kilometre is above the median for upper middle income countries, which is 2.09 million SLC per square kilometre, 9.2× the median. (54 countries reporting)
- Philippines's 19.27 million SLC per square kilometre is above the median for East Asia & Pacific, which is 2.25 million SLC per square kilometre, 8.6× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0932 million SLC per square kilometre | 0.0266 million SLC per square kilometre | 0.2082 million SLC per square kilometre | 10 |
| 1980s | 0.4107 million SLC per square kilometre | 0.2472 million SLC per square kilometre | 0.7178 million SLC per square kilometre | 10 |
| 1990s | 1.55 million SLC per square kilometre | 0.9275 million SLC per square kilometre | 2.21 million SLC per square kilometre | 10 |
| 2000s | 3.65 million SLC per square kilometre | 2.4 million SLC per square kilometre | 5.24 million SLC per square kilometre | 10 |
| 2010s | 10.98 million SLC per square kilometre | 6.44 million SLC per square kilometre | 17.78 million SLC per square kilometre | 10 |
| 2020s | 15.96 million SLC per square kilometre | 12.83 million SLC per square kilometre | 19.27 million SLC per square kilometre | 4 |
Countries ranked near Philippines
- 44 Serbia 22.01 million SLC per square kilometre compare
- 45 Israel 21.21 million SLC per square kilometre compare
- 46 Albania 20.56 million SLC per square kilometre compare
- 48 New Caledonia 17.99 million SLC per square kilometre compare
- 49 Bermuda 17.79 million SLC per square kilometre compare
- 50 Denmark 15.93 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, per in Philippines?
- Gross fixed capital formation — value standard local currency, per in Philippines was 19.27 million SLC per square kilometre in 2023, 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 19.27 million SLC per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Philippines?
- The lowest recorded value was 0.0266 million SLC per square kilometre in 1970.
- How does Philippines rank for gross fixed capital formation — value standard local currency, per?
- Philippines ranks 47th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Philippines?
- Over the last ten years it is up 129.3%. 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 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 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency 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 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.