Gross fixed capital formation, General government, Constant prices in Philippines
Philippines: Gross fixed capital formation, General government, Constant prices was 34.79 in 2019. ◆ Volatile
Gross fixed capital formation, General government, Constant prices in Philippines, 1960–2019
Source: International Monetary Fund.
Analysis
In 2019, gross fixed capital formation, general government, constant prices in Philippines stood at 34.79. That is the highest value across all 60 years on record.
That represents a change of up 4.3% on the previous year and up 212.7% over ten years.
Over the whole period, gross fixed capital formation, general government, constant prices in Philippines peaked at 34.79 in 2019 and was at its lowest, 1.52, in 1972.
That places Philippines 29th out of 173 countries with data for 2019, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, General government, Constant prices in Philippines, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 1.64 | — |
| 1961 | 1.71 | +4.0% |
| 1962 | 1.77 | +4.0% |
| 1963 | 1.84 | +4.0% |
| 1964 | 1.92 | +4.0% |
| 1965 | 2 | +4.0% |
| 1966 | 2.07 | +4.0% |
| 1967 | 2.16 | +4.0% |
| 1968 | 2.24 | +4.0% |
| 1969 | 2.33 | +4.0% |
| 1970 | 2.4 | +2.7% |
| 1971 | 2.61 | +8.8% |
| 1972 | 1.52 | -41.6% |
| 1973 | 1.81 | +18.8% |
| 1974 | 2.7 | +49.5% |
| 1975 | 3.64 | +34.6% |
| 1976 | 10.33 | +183.8% |
| 1977 | 7.78 | -24.6% |
| 1978 | 8.21 | +5.5% |
| 1979 | 8.41 | +2.5% |
| 1980 | 7.12 | -15.3% |
| 1981 | 10.13 | +42.2% |
| 1982 | 10.46 | +3.3% |
| 1983 | 12.59 | +20.3% |
| 1984 | 10.05 | -20.1% |
| 1985 | 5.26 | -47.6% |
| 1986 | 5.83 | +10.8% |
| 1987 | 3.61 | -38.1% |
| 1988 | 4.27 | +18.2% |
| 1989 | 6.16 | +44.2% |
| 1990 | 9.48 | +54.1% |
| 1991 | 9.48 | -0.1% |
| 1992 | 10.68 | +12.7% |
| 1993 | 11.08 | +3.8% |
| 1994 | 9.84 | -11.2% |
| 1995 | 9.9 | +0.6% |
| 1996 | 10.38 | +4.9% |
| 1997 | 12.68 | +22.2% |
| 1998 | 9.73 | -23.2% |
| 1999 | 9.68 | -0.6% |
| 2000 | 8.91 | -7.9% |
| 2001 | 7.28 | -18.3% |
| 2002 | 7.99 | +9.8% |
| 2003 | 6.51 | -18.5% |
| 2004 | 6.18 | -5.1% |
| 2005 | 6.42 | +3.9% |
| 2006 | 6.13 | -4.4% |
| 2007 | 7.86 | +28.1% |
| 2008 | 9.38 | +19.3% |
| 2009 | 11.13 | +18.6% |
| 2010 | 11.77 | +5.7% |
| 2011 | 7.71 | -34.5% |
| 2012 | 12.57 | +63.0% |
| 2013 | 12.32 | -2.0% |
| 2014 | 12.41 | +0.7% |
| 2015 | 16.21 | +30.7% |
| 2016 | 22.97 | +41.7% |
| 2017 | 25.04 | +9.0% |
| 2018 | 33.37 | +33.3% |
| 2019 | 34.79 | +4.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.97 | 1.64 | 2.33 | 10 |
| 1970s | 4.94 | 1.52 | 10.33 | 10 |
| 1980s | 7.55 | 3.61 | 12.59 | 10 |
| 1990s | 10.29 | 9.48 | 12.68 | 10 |
| 2000s | 7.78 | 6.13 | 11.13 | 10 |
| 2010s | 18.92 | 7.71 | 34.79 | 10 |
Countries ranked near Philippines
More public sector data for Philippines
- Arms imports 238.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 2.05 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 90.4 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 238.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 52.81 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0133 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 18.96 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 6.12 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 419.22 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is gross fixed capital formation, general government, constant prices in Philippines?
- Gross fixed capital formation, general government, constant prices in Philippines was 34.79 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, general government, constant prices recorded in Philippines?
- The highest recorded value was 34.79 in 2019.
- What is the lowest gross fixed capital formation, general government, constant prices recorded in Philippines?
- The lowest recorded value was 1.52 in 1972.
- How does Philippines rank for gross fixed capital formation, general government, constant prices?
- Philippines ranks 29th out of 173 countries with data for 2019.
- Is gross fixed capital formation, general government, constant prices rising or falling in Philippines?
- Over the last ten years it is up 212.7%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, General government, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
Download this data
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.