Gross Fixed Capital Formation — Value US$, per square kilometre in Philippines
Philippines: Gross Fixed Capital Formation — Value US$, per square kilometre was 0.3464 million USD per square kilometre in 2023. ◆ Volatile
Latest (2023)
0.3464 million USD per square kilometre
Change on year
up 9.4%
World rank
65th
of 194 countries
All-time high
0.3464 million USD per square kilometre
in 2023
All-time low
0.0045 million USD per square kilometre
in 1970
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value US$, per square kilometre in Philippines, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
Philippines recorded 0.3464 million USD per square kilometre for gross fixed capital formation — value us$, per square kilometre in 2023. That is the highest value across all 54 years on record.
That represents a change of up 9.4% on the previous year and up 75.0% over ten years.
Over the whole period, gross fixed capital formation — value us$, per square kilometre in Philippines peaked at 0.3464 million USD per square kilometre in 2023 and was at its lowest, 0.0045 million USD per square kilometre, in 1970.
Philippines ranks 65th of 194 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, per square kilometre in Philippines, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.0045 million USD per square kilometre | — |
| 1971 | 0.005 million USD per square kilometre | +11.2% |
| 1972 | 0.0053 million USD per square kilometre | +5.2% |
| 1973 | 0.0064 million USD per square kilometre | +21.8% |
| 1974 | 0.0102 million USD per square kilometre | +58.9% |
| 1975 | 0.0137 million USD per square kilometre | +34.0% |
| 1976 | 0.0168 million USD per square kilometre | +22.7% |
| 1977 | 0.0184 million USD per square kilometre | +9.9% |
| 1978 | 0.0213 million USD per square kilometre | +15.8% |
| 1979 | 0.0282 million USD per square kilometre | +32.2% |
| 1980 | 0.0329 million USD per square kilometre | +16.6% |
| 1981 | 0.0369 million USD per square kilometre | +12.0% |
| 1982 | 0.0381 million USD per square kilometre | +3.4% |
| 1983 | 0.0369 million USD per square kilometre | -3.0% |
| 1984 | 0.027 million USD per square kilometre | -26.9% |
| 1985 | 0.0189 million USD per square kilometre | -30.2% |
| 1986 | 0.0179 million USD per square kilometre | -5.3% |
| 1987 | 0.0204 million USD per square kilometre | +14.3% |
| 1988 | 0.0251 million USD per square kilometre | +23.1% |
| 1989 | 0.033 million USD per square kilometre | +31.5% |
| 1990 | 0.0382 million USD per square kilometre | +15.5% |
| 1991 | 0.0339 million USD per square kilometre | -11.1% |
| 1992 | 0.0413 million USD per square kilometre | +21.8% |
| 1993 | 0.0482 million USD per square kilometre | +16.6% |
| 1994 | 0.0564 million USD per square kilometre | +17.2% |
| 1995 | 0.0613 million USD per square kilometre | +8.7% |
| 1996 | 0.0723 million USD per square kilometre | +17.9% |
| 1997 | 0.0749 million USD per square kilometre | +3.6% |
| 1998 | 0.0514 million USD per square kilometre | -31.5% |
| 1999 | 0.0522 million USD per square kilometre | +1.7% |
| 2000 | 0.0544 million USD per square kilometre | +4.2% |
| 2001 | 0.0485 million USD per square kilometre | -10.8% |
| 2002 | 0.0519 million USD per square kilometre | +7.0% |
| 2003 | 0.0545 million USD per square kilometre | +5.0% |
| 2004 | 0.0592 million USD per square kilometre | +8.5% |
| 2005 | 0.0656 million USD per square kilometre | +10.9% |
| 2006 | 0.0802 million USD per square kilometre | +22.2% |
| 2007 | 0.0988 million USD per square kilometre | +23.2% |
| 2008 | 0.1164 million USD per square kilometre | +17.8% |
| 2009 | 0.11 million USD per square kilometre | -5.5% |
| 2010 | 0.1427 million USD per square kilometre | +29.8% |
| 2011 | 0.1491 million USD per square kilometre | +4.5% |
| 2012 | 0.1752 million USD per square kilometre | +17.5% |
| 2013 | 0.198 million USD per square kilometre | +13.0% |
| 2014 | 0.2082 million USD per square kilometre | +5.2% |
| 2015 | 0.2286 million USD per square kilometre | +9.8% |
| 2016 | 0.2672 million USD per square kilometre | +16.9% |
| 2017 | 0.2826 million USD per square kilometre | +5.8% |
| 2018 | 0.3175 million USD per square kilometre | +12.4% |
| 2019 | 0.3433 million USD per square kilometre | +8.1% |
| 2020 | 0.2585 million USD per square kilometre | -24.7% |
| 2021 | 0.2945 million USD per square kilometre | +13.9% |
| 2022 | 0.3167 million USD per square kilometre | +7.5% |
| 2023 | 0.3464 million USD per square kilometre | +9.4% |
Philippines compared with similar countries
- Philippines's 0.3464 million USD per square kilometre is above the median for upper middle income countries, which is 0.126 million USD per square kilometre, 2.7× the median. (54 countries reporting)
- Philippines's 0.3464 million USD per square kilometre is above the median for East Asia & Pacific, which is 0.2024 million USD per square kilometre, 1.7× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.013 million USD per square kilometre | 0.0045 million USD per square kilometre | 0.0282 million USD per square kilometre | 10 |
| 1980s | 0.0287 million USD per square kilometre | 0.0179 million USD per square kilometre | 0.0381 million USD per square kilometre | 10 |
| 1990s | 0.053 million USD per square kilometre | 0.0339 million USD per square kilometre | 0.0749 million USD per square kilometre | 10 |
| 2000s | 0.0739 million USD per square kilometre | 0.0485 million USD per square kilometre | 0.1164 million USD per square kilometre | 10 |
| 2010s | 0.2312 million USD per square kilometre | 0.1427 million USD per square kilometre | 0.3433 million USD per square kilometre | 10 |
| 2020s | 0.304 million USD per square kilometre | 0.2585 million USD per square kilometre | 0.3464 million USD per square kilometre | 4 |
Countries ranked near Philippines
- 62 El Salvador 0.3616 million USD per square kilometre compare
- 63 French Polynesia 0.3606 million USD per square kilometre compare
- 64 Sweden 0.36 million USD per square kilometre compare
- 66 Croatia 0.3388 million USD per square kilometre compare
- 67 Dominica 0.3346 million USD per square kilometre compare
- 68 Norway 0.311 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$), annual growth rate 4.46 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, per square kilometre in Philippines?
- Gross fixed capital formation — value us$, per square kilometre in Philippines was 0.3464 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, per square kilometre recorded in Philippines?
- The highest recorded value was 0.3464 million USD per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value us$, per square kilometre recorded in Philippines?
- The lowest recorded value was 0.0045 million USD per square kilometre in 1970.
- How does Philippines rank for gross fixed capital formation — value us$, per square kilometre?
- Philippines ranks 65th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, per square kilometre rising or falling in Philippines?
- Over the last ten years it is up 75.0%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 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$ 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$ ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$ 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$ 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.