Net investment in nonfinancial assets in Philippines
Philippines: Net investment in nonfinancial assets was 5.0% in 2024. ▲ Rising
Net investment in nonfinancial assets in Philippines, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for net investment in nonfinancial assets in Philippines is 5.0%, measured in 2024. That is the highest value across all 29 years on record.
Compared with earlier readings it is up 1.2% on the previous year and up 140.0% over ten years.
Over the whole period, net investment in nonfinancial assets in Philippines peaked at 5.0% in 2024 and was at its lowest, 1.5%, in 2006.
Philippines ranks 40th of 156 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Net investment in nonfinancial assets in Philippines, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 2.2% | — |
| 1991 | 2.5% | +16.6% |
| 1992 | 2.9% | +15.7% |
| 1993 | 2.1% | -26.0% |
| 2000 | 2.4% | +9.9% |
| 2001 | 1.9% | -20.3% |
| 2002 | 2.1% | +13.9% |
| 2003 | 1.6% | -23.3% |
| 2004 | 1.8% | +7.1% |
| 2005 | 1.5% | -13.2% |
| 2006 | 1.5% | -0.9% |
| 2007 | 2.0% | +33.3% |
| 2008 | 2.1% | +6.0% |
| 2009 | 2.5% | +15.8% |
| 2010 | 2.4% | -4.3% |
| 2011 | 1.6% | -33.9% |
| 2012 | 2.1% | +35.2% |
| 2013 | 2.2% | +2.5% |
| 2014 | 2.1% | -3.8% |
| 2015 | 2.5% | +18.5% |
| 2016 | 3.3% | +31.6% |
| 2017 | 3.4% | +5.4% |
| 2018 | 4.4% | +28.1% |
| 2019 | 4.5% | +3.3% |
| 2020 | 3.8% | -16.5% |
| 2021 | 4.6% | +21.6% |
| 2022 | 4.6% | +0.6% |
| 2023 | 5.0% | +6.7% |
| 2024 | 5.0% | +1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.4% | 2.1% | 2.9% | 4 |
| 2000s | 1.9% | 1.5% | 2.5% | 10 |
| 2010s | 2.8% | 1.6% | 4.5% | 10 |
| 2020s | 4.6% | 3.8% | 5.0% | 5 |
Countries ranked near Philippines
- 37 Cambodia 5.2% compare
- 38 Saint Kitts and Nevis 5.1% compare
- 39 Latvia 5.1% compare
- 41 Mali 5.0% compare
- 42 Kyrgyzstan 5.0% compare
- 43 Macau, China 4.8% compare
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 net investment in nonfinancial assets in Philippines?
- Net investment in nonfinancial assets in Philippines was 5.0% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net investment in nonfinancial assets recorded in Philippines?
- The highest recorded value was 5.0% in 2024.
- What is the lowest net investment in nonfinancial assets recorded in Philippines?
- The lowest recorded value was 1.5% in 2006.
- How does Philippines rank for net investment in nonfinancial assets?
- Philippines ranks 40th out of 156 countries with data for 2024.
- Is net investment in nonfinancial assets rising or falling in Philippines?
- Over the last ten years it is up 140.0%. The long-run trend across the full record is rising.
- Where does this Philippines data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net investment in nonfinancial assets (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.