Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Philippines
Philippines: Gross Fixed Capital Formation — Value US$, 2015 prices, per square was 0.3396 million USD per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Philippines, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
In 2023, gross fixed capital formation — value us$, 2015 prices, per square in Philippines stood at 0.3396 million USD per square kilometre.
Compared with earlier readings it is up 8.2% on the previous year and up 82.5% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, per square in Philippines peaked at 0.3583 million USD per square kilometre in 2019 and was at its lowest, 0.0222 million USD per square kilometre, in 1970.
That places Philippines 61st out of 194 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Philippines, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.0222 million USD per square kilometre | — |
| 1971 | 0.0242 million USD per square kilometre | +8.8% |
| 1972 | 0.0247 million USD per square kilometre | +2.2% |
| 1973 | 0.0257 million USD per square kilometre | +4.0% |
| 1974 | 0.03 million USD per square kilometre | +16.5% |
| 1975 | 0.0392 million USD per square kilometre | +30.7% |
| 1976 | 0.0461 million USD per square kilometre | +17.8% |
| 1977 | 0.0474 million USD per square kilometre | +2.8% |
| 1978 | 0.051 million USD per square kilometre | +7.5% |
| 1979 | 0.0569 million USD per square kilometre | +11.5% |
| 1980 | 0.062 million USD per square kilometre | +9.1% |
| 1981 | 0.0696 million USD per square kilometre | +12.1% |
| 1982 | 0.0731 million USD per square kilometre | +5.1% |
| 1983 | 0.0793 million USD per square kilometre | +8.4% |
| 1984 | 0.0566 million USD per square kilometre | -28.6% |
| 1985 | 0.0388 million USD per square kilometre | -31.5% |
| 1986 | 0.0391 million USD per square kilometre | +1.0% |
| 1987 | 0.0418 million USD per square kilometre | +6.9% |
| 1988 | 0.0487 million USD per square kilometre | +16.4% |
| 1989 | 0.0592 million USD per square kilometre | +21.6% |
| 1990 | 0.0681 million USD per square kilometre | +15.0% |
| 1991 | 0.0584 million USD per square kilometre | -14.2% |
| 1992 | 0.0621 million USD per square kilometre | +6.4% |
| 1993 | 0.0676 million USD per square kilometre | +8.7% |
| 1994 | 0.0726 million USD per square kilometre | +7.5% |
| 1995 | 0.076 million USD per square kilometre | +4.7% |
| 1996 | 0.0851 million USD per square kilometre | +12.0% |
| 1997 | 0.0949 million USD per square kilometre | +11.5% |
| 1998 | 0.0843 million USD per square kilometre | -11.2% |
| 1999 | 0.0793 million USD per square kilometre | -5.9% |
| 2000 | 0.0886 million USD per square kilometre | +11.7% |
| 2001 | 0.0846 million USD per square kilometre | -4.5% |
| 2002 | 0.0879 million USD per square kilometre | +3.9% |
| 2003 | 0.0965 million USD per square kilometre | +9.8% |
| 2004 | 0.1005 million USD per square kilometre | +4.1% |
| 2005 | 0.0996 million USD per square kilometre | -0.8% |
| 2006 | 0.1044 million USD per square kilometre | +4.8% |
| 2007 | 0.1159 million USD per square kilometre | +11.0% |
| 2008 | 0.1257 million USD per square kilometre | +8.5% |
| 2009 | 0.1283 million USD per square kilometre | +2.1% |
| 2010 | 0.1539 million USD per square kilometre | +20.0% |
| 2011 | 0.1475 million USD per square kilometre | -4.2% |
| 2012 | 0.1664 million USD per square kilometre | +12.8% |
| 2013 | 0.1861 million USD per square kilometre | +11.8% |
| 2014 | 0.2009 million USD per square kilometre | +8.0% |
| 2015 | 0.2286 million USD per square kilometre | +13.8% |
| 2016 | 0.2763 million USD per square kilometre | +20.9% |
| 2017 | 0.3055 million USD per square kilometre | +10.6% |
| 2018 | 0.3451 million USD per square kilometre | +13.0% |
| 2019 | 0.3583 million USD per square kilometre | +3.8% |
| 2020 | 0.2604 million USD per square kilometre | -27.3% |
| 2021 | 0.286 million USD per square kilometre | +9.8% |
| 2022 | 0.3139 million USD per square kilometre | +9.8% |
| 2023 | 0.3396 million USD per square kilometre | +8.2% |
Philippines compared with similar countries
- Philippines's 0.3396 million USD per square kilometre is above the median for upper middle income countries, which is 0.0962 million USD per square kilometre, 3.5× the median. (54 countries reporting)
- Philippines's 0.3396 million USD per square kilometre is above the median for East Asia & Pacific, which is 0.1742 million USD per square kilometre, 1.9× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1985 | -31.5% | 0.0566 million USD per square kilometre | 0.0388 million USD per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0367 million USD per square kilometre | 0.0222 million USD per square kilometre | 0.0569 million USD per square kilometre | 10 |
| 1980s | 0.0568 million USD per square kilometre | 0.0388 million USD per square kilometre | 0.0793 million USD per square kilometre | 10 |
| 1990s | 0.0748 million USD per square kilometre | 0.0584 million USD per square kilometre | 0.0949 million USD per square kilometre | 10 |
| 2000s | 0.1032 million USD per square kilometre | 0.0846 million USD per square kilometre | 0.1283 million USD per square kilometre | 10 |
| 2010s | 0.2368 million USD per square kilometre | 0.1475 million USD per square kilometre | 0.3583 million USD per square kilometre | 10 |
| 2020s | 0.3 million USD per square kilometre | 0.2604 million USD per square kilometre | 0.3396 million USD per square kilometre | 4 |
Countries ranked near Philippines
- 58 French Polynesia 0.3736 million USD per square kilometre compare
- 59 India 0.362 million USD per square kilometre compare
- 60 Sweden 0.3429 million USD per square kilometre compare
- 62 Panama 0.331 million USD per square kilometre compare
- 63 Marshall Islands 0.3102 million USD per square kilometre compare
- 64 Norway 0.3064 million USD per square kilometre compare
More economy & growth data for Philippines
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.98 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.4 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate 4.46 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, per square in Philippines?
- Gross fixed capital formation — value us$, 2015 prices, per square in Philippines was 0.3396 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, per square recorded in Philippines?
- The highest recorded value was 0.3583 million USD per square kilometre in 2019.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, per square recorded in Philippines?
- The lowest recorded value was 0.0222 million USD per square kilometre in 1970.
- How does Philippines rank for gross fixed capital formation — value us$, 2015 prices, per square?
- Philippines ranks 61st out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, 2015 prices, per square rising or falling in Philippines?
- Over the last ten years it is up 82.5%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 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 US$, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value US$, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Fixed Capital Formation — Value US$, 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.