Gross fixed capital formation, General government, Current prices in Philippines
Philippines: Gross fixed capital formation, General government, Current prices was 7.62 % change on previous year in 2019. ◆ Volatile
Gross fixed capital formation, General government, Current prices in Philippines, 1971–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Philippines recorded 7.62 % change on previous year for gross fixed capital formation, general government, current prices in 2019.
That represents a change of down 80.6% on the previous year and down 64.4% over ten years.
Over the whole period, gross fixed capital formation, general government, current prices in Philippines peaked at 203.35 % change on previous year in 1976 and was at its lowest, -40.52 % change on previous year, in 1985.
Philippines ranks 75th of 174 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, General government, Current prices in Philippines, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 21.14 % change on previous year | — |
| 1972 | -37.66 % change on previous year | -278.2% |
| 1973 | 40.8 % change on previous year | -208.3% |
| 1974 | 104.83 % change on previous year | +156.9% |
| 1975 | 47.42 % change on previous year | -54.8% |
| 1976 | 203.35 % change on previous year | +328.8% |
| 1977 | -19.85 % change on previous year | -109.8% |
| 1978 | 13.06 % change on previous year | -165.8% |
| 1979 | 21.72 % change on previous year | +66.4% |
| 1980 | -7.9 % change on previous year | -136.3% |
| 1981 | 49.34 % change on previous year | -724.9% |
| 1982 | 9.83 % change on previous year | -80.1% |
| 1983 | 39.96 % change on previous year | +306.6% |
| 1984 | 22.93 % change on previous year | -42.6% |
| 1985 | -40.52 % change on previous year | -276.8% |
| 1986 | 13.83 % change on previous year | -134.1% |
| 1987 | -33.17 % change on previous year | -339.8% |
| 1988 | 28.2 % change on previous year | -185.0% |
| 1989 | 60.67 % change on previous year | +115.1% |
| 1990 | 73.12 % change on previous year | +20.5% |
| 1991 | 17.02 % change on previous year | -76.7% |
| 1992 | 19.7 % change on previous year | +15.8% |
| 1993 | 18.34 % change on previous year | -6.9% |
| 1994 | -5.69 % change on previous year | -131.1% |
| 1995 | 1.65 % change on previous year | -128.9% |
| 1996 | 12.53 % change on previous year | +661.0% |
| 1997 | 27.64 % change on previous year | +120.6% |
| 1998 | -17.8 % change on previous year | -164.4% |
| 1999 | 2.71 % change on previous year | -115.2% |
| 2000 | -2.8 % change on previous year | -203.1% |
| 2001 | -13.92 % change on previous year | +397.7% |
| 2002 | 13.57 % change on previous year | -197.5% |
| 2003 | -16.77 % change on previous year | -223.6% |
| 2004 | 2.82 % change on previous year | -116.8% |
| 2005 | 10.1 % change on previous year | +257.9% |
| 2006 | 1.31 % change on previous year | -87.0% |
| 2007 | 32.33 % change on previous year | +2367.6% |
| 2008 | 28.03 % change on previous year | -13.3% |
| 2009 | 21.37 % change on previous year | -23.8% |
| 2010 | 7.54 % change on previous year | -64.7% |
| 2011 | -34.24 % change on previous year | -554.2% |
| 2012 | 67.27 % change on previous year | -296.5% |
| 2013 | 0.8444 % change on previous year | -98.7% |
| 2014 | 3.13 % change on previous year | +270.7% |
| 2015 | 25.39 % change on previous year | +711.1% |
| 2016 | 36.85 % change on previous year | +45.1% |
| 2017 | 10.38 % change on previous year | -71.8% |
| 2018 | 39.28 % change on previous year | +278.5% |
| 2019 | 7.62 % change on previous year | -80.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 43.87 % change on previous year | -37.66 % change on previous year | 203.35 % change on previous year | 9 |
| 1980s | 14.32 % change on previous year | -40.52 % change on previous year | 60.67 % change on previous year | 10 |
| 1990s | 14.92 % change on previous year | -17.8 % change on previous year | 73.12 % change on previous year | 10 |
| 2000s | 7.6 % change on previous year | -16.77 % change on previous year | 32.33 % change on previous year | 10 |
| 2010s | 16.41 % change on previous year | -34.24 % change on previous year | 67.27 % change on previous year | 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, current prices in Philippines?
- Gross fixed capital formation, general government, current prices in Philippines was 7.62 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest gross fixed capital formation, general government, current prices recorded in Philippines?
- The highest recorded value was 203.35 % change on previous year in 1976.
- What is the lowest gross fixed capital formation, general government, current prices recorded in Philippines?
- The lowest recorded value was -40.52 % change on previous year in 1985.
- How does Philippines rank for gross fixed capital formation, general government, current prices?
- Philippines ranks 75th out of 174 countries with data for 2019.
- Is gross fixed capital formation, general government, current prices rising or falling in Philippines?
- Over the last ten years it is down 64.4%. 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, General government, Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation, General government, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed capital formation, General government, Current prices International Monetary Fund
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
The year-on-year percentage change in Gross fixed capital formation, General government, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.