Philippines - Gross capital formation

Gross capital formation (current US$)

The latest value for Gross capital formation (current US$) in Philippines was $62,837,960,000 as of 2020. Over the past 39 years, the value for this indicator has fluctuated between $99,488,160,000 in 2019 and $4,952,601,000 in 1985.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1981 $10,692,360,000
1982 $11,263,170,000
1983 $10,660,430,000
1984 $7,085,679,000
1985 $4,952,601,000
1986 $5,115,875,000
1987 $6,485,023,000
1988 $7,897,043,000
1989 $10,192,540,000
1990 $11,784,450,000
1991 $10,210,340,000
1992 $12,536,620,000
1993 $14,383,520,000
1994 $17,054,480,000
1995 $18,447,610,000
1996 $22,036,290,000
1997 $22,646,170,000
1998 $14,890,210,000
1999 $13,874,260,000
2000 $13,123,060,000
2001 $14,951,770,000
2002 $17,248,540,000
2003 $16,997,640,000
2004 $19,694,880,000
2005 $19,944,160,000
2006 $20,444,040,000
2007 $25,157,530,000
2008 $34,449,000,000
2009 $30,675,420,000
2010 $42,594,260,000
2011 $48,576,440,000
2012 $51,233,560,000
2013 $58,603,840,000
2014 $62,245,310,000
2015 $65,398,510,000
2016 $78,441,140,000
2017 $83,955,680,000
2018 $94,169,650,000
2019 $99,488,160,000
2020 $62,837,960,000

Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Philippines was 3,118,280,000,000 as of 2020. As the graph below shows, over the past 39 years this indicator reached a maximum value of 5,153,070,000,000 in 2019 and a minimum value of 84,465,340,000 in 1981.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1981 84,465,340,000
1982 96,187,490,000
1983 118,466,000,000
1984 118,322,000,000
1985 92,154,530,000
1986 104,291,000,000
1987 133,382,000,000
1988 166,586,000,000
1989 221,552,000,000
1990 286,486,000,000
1991 280,566,000,000
1992 319,841,000,000
1993 390,078,000,000
1994 450,532,000,000
1995 474,371,000,000
1996 577,705,000,000
1997 667,399,000,000
1998 608,907,000,000
1999 542,331,000,000
2000 579,938,000,000
2001 762,429,000,000
2002 890,087,000,000
2003 921,328,000,000
2004 1,103,700,000,000
2005 1,098,630,000,000
2006 1,049,070,000,000
2007 1,160,980,000,000
2008 1,526,890,000,000
2009 1,462,590,000,000
2010 1,921,410,000,000
2011 2,104,000,000,000
2012 2,163,530,000,000
2013 2,487,510,000,000
2014 2,763,390,000,000
2015 2,975,820,000,000
2016 3,725,370,000,000
2017 4,231,680,000,000
2018 4,959,110,000,000
2019 5,153,070,000,000
2020 3,118,280,000,000

Gross capital formation (constant 2010 US$)

The latest value for Gross capital formation (constant 2010 US$) in Philippines was 66,183,870,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 100,893,000,000 in 2019 and 4,925,556,000 in 1960.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 4,925,556,000
1961 5,718,640,000
1962 5,685,117,000
1963 6,702,095,000
1964 7,408,407,000
1965 7,866,544,000
1966 7,871,645,000
1967 8,696,294,000
1968 8,756,982,000
1969 9,153,677,000
1970 8,793,996,000
1971 9,299,642,000
1972 9,637,349,000
1973 10,779,300,000
1974 13,022,790,000
1975 16,158,950,000
1976 19,207,470,000
1977 19,394,240,000
1978 20,963,890,000
1979 21,877,090,000
1980 21,066,950,000
1981 21,663,630,000
1982 23,497,080,000
1983 25,080,030,000
1984 15,956,420,000
1985 10,941,160,000
1986 12,016,760,000
1987 14,303,350,000
1988 16,306,460,000
1989 19,556,570,000
1990 22,618,610,000
1991 18,751,510,000
1992 20,216,010,000
1993 21,698,980,000
1994 23,394,070,000
1995 24,020,800,000
1996 26,805,400,000
1997 29,752,960,000
1998 25,354,610,000
1999 22,041,500,000
2000 22,283,200,000
2001 26,850,220,000
2002 28,651,440,000
2003 28,534,450,000
2004 30,286,150,000
2005 28,972,430,000
2006 25,983,670,000
2007 28,149,370,000
2008 35,684,880,000
2009 33,544,340,000
2010 43,761,840,000
2011 42,650,820,000
2012 44,965,210,000
2013 53,258,040,000
2014 57,666,730,000
2015 65,398,510,000
2016 78,994,580,000
2017 87,604,010,000
2018 97,487,780,000
2019 100,893,000,000
2020 66,183,870,000

Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in Philippines was -34.40 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 30.46 in 2010 and a minimum value of -36.38 in 1984.

Definition: Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1961 16.10
1962 -0.59
1963 17.89
1964 10.54
1965 6.18
1966 0.06
1967 10.48
1968 0.70
1969 4.53
1970 -3.93
1971 5.75
1972 3.63
1973 11.85
1974 20.81
1975 24.08
1976 18.87
1977 0.97
1978 8.09
1979 4.36
1980 -3.70
1981 2.83
1982 8.46
1983 6.74
1984 -36.38
1985 -31.43
1986 9.83
1987 19.03
1988 14.00
1989 19.93
1990 15.66
1991 -17.10
1992 7.81
1993 7.34
1994 7.81
1995 2.68
1996 11.59
1997 11.00
1998 -14.78
1999 -13.07
2000 1.10
2001 20.50
2002 6.71
2003 -0.41
2004 6.14
2005 -4.34
2006 -10.32
2007 8.33
2008 26.77
2009 -6.00
2010 30.46
2011 -2.54
2012 5.43
2013 18.44
2014 8.28
2015 13.41
2016 20.79
2017 10.90
2018 11.28
2019 3.49
2020 -34.40

Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Philippines was 3,366,710,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 5,132,350,000,000 in 2019 and a minimum value of 250,558,000,000 in 1960.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 250,558,000,000
1961 290,901,000,000
1962 289,196,000,000
1963 340,929,000,000
1964 376,858,000,000
1965 400,163,000,000
1966 400,423,000,000
1967 442,372,000,000
1968 445,459,000,000
1969 465,638,000,000
1970 447,342,000,000
1971 473,063,000,000
1972 490,242,000,000
1973 548,332,000,000
1974 662,456,000,000
1975 821,989,000,000
1976 977,065,000,000
1977 986,566,000,000
1978 1,066,410,000,000
1979 1,112,870,000,000
1980 1,071,650,000,000
1981 1,102,010,000,000
1982 1,195,270,000,000
1983 1,275,800,000,000
1984 811,687,000,000
1985 556,566,000,000
1986 611,280,000,000
1987 727,597,000,000
1988 829,493,000,000
1989 994,823,000,000
1990 1,150,590,000,000
1991 953,871,000,000
1992 1,028,370,000,000
1993 1,103,810,000,000
1994 1,190,030,000,000
1995 1,221,910,000,000
1996 1,363,560,000,000
1997 1,513,500,000,000
1998 1,289,760,000,000
1999 1,121,230,000,000
2000 1,133,520,000,000
2001 1,365,840,000,000
2002 1,457,470,000,000
2003 1,451,520,000,000
2004 1,540,630,000,000
2005 1,473,800,000,000
2006 1,321,760,000,000
2007 1,431,930,000,000
2008 1,815,250,000,000
2009 1,706,370,000,000
2010 2,226,120,000,000
2011 2,169,600,000,000
2012 2,287,330,000,000
2013 2,709,180,000,000
2014 2,933,450,000,000
2015 3,326,760,000,000
2016 4,018,370,000,000
2017 4,456,330,000,000
2018 4,959,110,000,000
2019 5,132,350,000,000
2020 3,366,710,000,000

Gross capital formation (% of GDP)

Gross capital formation (% of GDP) in Philippines was 17.38 as of 2020. Its highest value over the past 39 years was 28.23 in 1983, while its lowest value was 14.17 in 1985.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1981 26.40
1982 26.69
1983 28.23
1984 19.83
1985 14.17
1986 15.05
1987 17.16
1988 18.30
1989 21.01
1990 23.33
1991 19.72
1992 20.75
1993 23.19
1994 23.31
1995 21.79
1996 23.28
1997 24.06
1998 19.99
1999 16.20
2000 15.68
2001 18.95
2002 20.46
2003 19.53
2004 20.73
2005 18.57
2006 16.02
2007 16.13
2008 18.97
2009 17.43
2010 20.44
2011 20.74
2012 19.56
2013 20.64
2014 20.92
2015 21.34
2016 24.62
2017 25.56
2018 27.15
2019 26.40
2020 17.38

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts