Philippines - Gross fixed capital formation

Gross fixed capital formation (current US$)

The latest value for Gross fixed capital formation (current US$) in Philippines was $76,919,300,000 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between $102,327,000,000 in 2019 and $14,451,870,000 in 2001.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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
2000 $16,206,130,000
2001 $14,451,870,000
2002 $15,465,210,000
2003 $16,213,890,000
2004 $17,617,750,000
2005 $19,530,580,000
2006 $23,895,230,000
2007 $29,439,720,000
2008 $34,661,090,000
2009 $32,758,430,000
2010 $42,511,670,000
2011 $44,423,080,000
2012 $52,200,930,000
2013 $59,003,540,000
2014 $62,061,470,000
2015 $68,128,010,000
2016 $79,645,930,000
2017 $84,232,110,000
2018 $94,629,960,000
2019 $102,327,000,000
2020 $76,919,300,000

Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Philippines was 3,817,050,000,000 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 5,300,100,000,000 in 2019 and a minimum value of 716,186,000,000 in 2000.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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
2000 716,186,000,000
2001 736,938,000,000
2002 798,061,000,000
2003 878,847,000,000
2004 987,297,000,000
2005 1,075,850,000,000
2006 1,226,170,000,000
2007 1,358,600,000,000
2008 1,536,290,000,000
2009 1,561,910,000,000
2010 1,917,690,000,000
2011 1,924,100,000,000
2012 2,204,380,000,000
2013 2,504,480,000,000
2014 2,755,230,000,000
2015 3,100,020,000,000
2016 3,782,580,000,000
2017 4,245,610,000,000
2018 4,983,350,000,000
2019 5,300,100,000,000
2020 3,817,050,000,000

Gross fixed capital formation (constant 2010 US$)

The latest value for Gross fixed capital formation (constant 2010 US$) in Philippines was 77,487,570,000 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 106,812,000,000 in 2019 and 25,169,550,000 in 2001.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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
2000 26,368,730,000
2001 25,169,550,000
2002 26,154,740,000
2003 28,660,160,000
2004 29,905,230,000
2005 29,609,400,000
2006 31,103,590,000
2007 34,526,390,000
2008 37,441,080,000
2009 38,228,490,000
2010 45,851,160,000
2011 43,945,090,000
2012 49,579,500,000
2013 55,448,830,000
2014 59,876,370,000
2015 68,128,010,000
2016 82,360,810,000
2017 91,055,200,000
2018 102,846,000,000
2019 106,812,000,000
2020 77,487,570,000

Gross fixed capital formation (annual % growth)

The value for Gross fixed capital formation (annual % growth) in Philippines was -27.45 as of 2020. As the graph below shows, over the past 19 years this indicator reached a maximum value of 20.89 in 2016 and a minimum value of -27.45 in 2020.

Definition: Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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
2001 -4.55
2002 3.91
2003 9.58
2004 4.34
2005 -0.99
2006 5.05
2007 11.00
2008 8.44
2009 2.10
2010 19.94
2011 -4.16
2012 12.82
2013 11.84
2014 7.98
2015 13.78
2016 20.89
2017 10.56
2018 12.95
2019 3.86
2020 -27.45

Gross fixed capital formation (constant LCU)

The value for Gross fixed capital formation (constant LCU) in Philippines was 3,754,620,000,000 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 5,175,520,000,000 in 2019 and a minimum value of 1,219,580,000,000 in 2001.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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
2000 1,277,680,000,000
2001 1,219,580,000,000
2002 1,267,320,000,000
2003 1,388,710,000,000
2004 1,449,040,000,000
2005 1,434,710,000,000
2006 1,507,110,000,000
2007 1,672,960,000,000
2008 1,814,190,000,000
2009 1,852,340,000,000
2010 2,221,700,000,000
2011 2,129,340,000,000
2012 2,402,350,000,000
2013 2,686,750,000,000
2014 2,901,280,000,000
2015 3,301,110,000,000
2016 3,990,750,000,000
2017 4,412,040,000,000
2018 4,983,350,000,000
2019 5,175,520,000,000
2020 3,754,620,000,000

Gross fixed capital formation (% of GDP)

Gross fixed capital formation (% of GDP) in Philippines was 21.28 as of 2020. Its highest value over the past 20 years was 27.28 in 2018, while its lowest value was 18.18 in 2005.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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
2000 19.37
2001 18.31
2002 18.34
2003 18.63
2004 18.54
2005 18.18
2006 18.72
2007 18.87
2008 19.08
2009 18.62
2010 20.40
2011 18.97
2012 19.93
2013 20.78
2014 20.86
2015 22.23
2016 25.00
2017 25.64
2018 27.28
2019 27.16
2020 21.28

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts