Philippines - 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

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts