🇵🇭 Philippines Gross capital formation

Philippines Gross capital formation was $5.27T in 2024, up 7.7% from 2023, according to World Bank data. The 10-year average is $4.41T. Historical data available from 1960 to 2024 (65 data points). The all-time high was $5.27T in 2024.

Source: World Bank World Development Indicators • 1960202465 data pointsEconomy & Growth

Latest Value
$5.27T
2024
Year-on-Year
+7.7%
vs 2023
10-Year Average
$4.41T
20152024
Range
High: $5.27T (2024)
Low: $250.56B (1960)

Philippines Gross capital formation (constant LCU)1960 to 2024

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About this Indicator

Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.

Historical Data Table

YearValue
2024$5.27T
2023$4.90T
2022$4.61T
2021$4.05T
2020$3.38T
2019$5.13T
2018$4.96T
2017$4.46T
2016$4.02T
2015$3.33T

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Compare with Other Countries

🇦🇫Afghanistan
$185.82B2023
🇦🇴Angola
$2.64T2024
🇦🇱Albania
$565.85B2024
🇦🇪United Arab Emirates
$494.55B2023
🇦🇷Argentina
$125.83B2024
🇦🇲Armenia
$1.87T2024
🇦🇺Australia
$651.88B2024
🇦🇹Austria
$92.65B2024
🇦🇿Azerbaijan
$6.44B2014
🇧🇪Belgium
$122.58B2024
🇧🇯Benin
$3.19T2024
🇧🇫Burkina Faso
$2.68T2024
🇧🇩Bangladesh
$10.79T2024
🇧🇬Bulgaria
$26.82B2024
🇧🇭Bahrain
$4.75B2024
🇧🇸Bahamas, The
$3.88B2024
🇧🇦Bosnia and Herzegovina
$11.94B2024
🇧🇾Belarus
$51.92B2024
🇧🇿Belize
$1.06B2024
🇧🇲Bermuda
$850.30M2024
🇧🇴Bolivia
$58.10B2024
🇧🇷Brazil
$819.94B2024
🇧🇳Brunei Darussalam
$5.54B2024
🇧🇹Bhutan
$89.89B2023
🇧🇼Botswana
$64.60B2024
🇨🇫Central African Republic
$121.15B2024
🇨🇦Canada
$563.39B2024
🇨🇭Switzerland
$209.17B2024
🇨🇱Chile
$48.15T2024
🇨🇳China
$50.26T2024
🇨🇮Cote d'Ivoire
$12.63T2024
🇨🇲Cameroon
$4.98T2024
🇨🇩Congo, Dem. Rep.
$5.99T2024
🇨🇬Congo, Rep.
$1.40T2024
🇨🇴Colombia
$175.28T2024
🇰🇲Comoros
$64.15B2024
🇨🇻Cabo Verde
$48.96B2024
🇨🇷Costa Rica
$6.58T2024
🇨🇺Cuba
$8.30B2024
🇨🇼Curacao
$1.98B2011
🇨🇾Cyprus
$6.01B2024
🇨🇿Czechia
$1.69T2024
🇩🇪Germany
$745.16B2024
🇩🇯Djibouti
-22,755,219,0002024
🇩🇰Denmark
$584.63B2024
🇩🇴Dominican Republic
$1.46T2024
🇩🇿Algeria
$4.94T2024
🇪🇨Ecuador
$20.47B2024
🇪🇬Egypt, Arab Rep.
$1.21T2024
🇪🇷Eritrea
$4.01B2011
🇪🇸Spain
$279.99B2024
🇪🇪Estonia
$7.83B2024
🇪🇹Ethiopia
$844.12B2024
🇫🇮Finland
$52.95B2024
🇫🇷France
$543.84B2024
🇬🇦Gabon
$4.06T2024
🇬🇧United Kingdom
$472.53B2024
🇬🇪Georgia
$17.19B2024
🇬🇭Ghana
$31.84B2024
🇬🇳Guinea
$33.21T2024
🇬🇲Gambia, The
$27.49B2024
🇬🇼Guinea-Bissau
$210.26B2024
🇬🇶Equatorial Guinea
$371.39B2024
🇬🇷Greece
$35.48B2024
🇬🇱Greenland
$6.51B2023
🇬🇹Guatemala
$104.10B2024
🇭🇰Hong Kong SAR, China
$499.29B2024
🇭🇳Honduras
$53.57B2024
🇭🇷Croatia
$15.39B2024
🇭🇹Haiti
$33.07B2024
🇭🇺Hungary
$9.82T2024
🇮🇩Indonesia
$4248.35T2024
🇮🇳India
$69.23T2024
🇮🇪Ireland
$84.22B2024
🇮🇷Iran, Islamic Rep.
$33729.78T2024
🇮🇶Iraq
$34.59T2024
🇮🇸Iceland
$901.11B2024
🇮🇱Israel
$382.13B2024
🇮🇹Italy
$422.67B2024
🇯🇵Japan
$139.40T2024
🇰🇿Kazakhstan
$7.77T2024
🇰🇪Kenya
$1.93T2024
🇰🇬Kyrgyz Republic
$341.39B2024
🇰🇭Cambodia
$52.61T2024
🇰🇮Kiribati
$97.98M2023
🇰🇷Korea, Rep.
$661.47T2024
🇰🇼Kuwait
$7.69B2023
🇱🇦Lao PDR
$34.53T2016
🇱🇧Lebanon
$179.95B2023
🇱🇾Libya
$9.31B2024
🇱🇰Sri Lanka
$3.14T2024
🇱🇸Lesotho
$7.35B2023
🇱🇹Lithuania
$9.45B2024
🇱🇺Luxembourg
$10.42B2024
🇱🇻Latvia
$7.20B2024
🇲🇴Macao SAR, China
$56.82B2024
🇲🇦Morocco
$416.82B2024
🇲🇩Moldova
$44.16B2024
🇲🇬Madagascar
$8.01T2024
🇲🇻Maldives
$21.16B2024
🇲🇽Mexico
$6.34T2024
🇲🇭Marshall Islands
$56.43M2024
🇲🇰North Macedonia
$154.51B2024
🇲🇱Mali
$3.26T2024
🇲🇹Malta
$3.63B2024
🇲🇪Montenegro
$1.42B2024
🇲🇳Mongolia
$15.68T2024
🇲🇿Mozambique
$260.26B2024
🇲🇷Mauritania
$193.34B2024
🇲🇺Mauritius
$102.93B2024
🇲🇼Malawi
$873.52B2023
🇲🇾Malaysia
$361.80B2024
🇳🇦Namibia
$42.97B2024
🇳🇪Niger
$3.16T2024
🇳🇮Nicaragua
$63.77B2024
🇳🇱Netherlands
$183.23B2024
🇳🇴Norway
$1.05T2024
🇳🇵Nepal
$960.54B2024
🇳🇿New Zealand
$77.96B2024
🇴🇲Oman
$8.95B2024
🇵🇰Pakistan
$4.83T2024
🇵🇦Panama
$27.52B2024
🇵🇪Peru
$131.28B2024
🇵🇭Philippines
$5.27T2024
🇵🇼Palau
$80.99M2023
🇵🇬Papua New Guinea
$1.89B2004
🇵🇱Poland
$472.75B2024
🇵🇷Puerto Rico (US)
$8.43B2024
🇵🇹Portugal
$47.86B2024
🇵🇾Paraguay
$51.83T2024
🌐West Bank and Gaza
$2.85B2024
🇶🇦Qatar
$252.50B2020
🇷🇴Romania
$146.00B2024
🇷🇺Russian Federation
$26.92T2024
🇷🇼Rwanda
$2.77T2024
🇸🇦Saudi Arabia
$1.39T2024
🇸🇩Sudan
$90.77M2024
🇸🇳Senegal
$7.59T2024
🇸🇬Singapore
$134.16B2024
🇸🇧Solomon Islands
$2.34B2024
🇸🇱Sierra Leone
$12.86B2024
🇸🇻El Salvador
$6.09B2024
🇸🇲San Marino
$234.89M2023
🇸🇴Somalia, Fed. Rep.
$89.73T2024
🇷🇸Serbia
$1.92T2024
🇸🇸South Sudan
$2.13B2015
🇸🇰Slovak Republic
$20.86B2024
🇸🇮Slovenia
$11.25B2024
🇸🇪Sweden
$1.34T2024
🇸🇿Eswatini
$9.18B2024
🇸🇨Seychelles
$4.52B2024
🇹🇩Chad
$2.78T2024
🇹🇬Togo
$1.39T2022
🇹🇭Thailand
$1.47T2003
🇹🇯Tajikistan
$520.96M2023
🇹🇲Turkmenistan
$3.88B2006
🇹🇱Timor-Leste
$543.83M2024
🇹🇴Tonga
$265.78M2023
🇹🇳Tunisia
$137.08B2024
🇹🇿Tanzania
$60.05T2024
🇺🇬Uganda
$40.11T2024
🇺🇦Ukraine
$531.17B2024
🇺🇾Uruguay
$301.02B2024
🇺🇸United States
$5.36T2024
🇻🇪Venezuela, RB
$1.56B2024
🇻🇳Viet Nam
$2253.28T2024
🇻🇺Vanuatu
$35.11B2022
🇼🇸Samoa
$738.10M2024
🌐Kosovo
$2.06B2024
🇾🇪Yemen, Rep.
$13.27B2018
🇿🇦South Africa
$647.07B2024
🇿🇲Zambia
$29.05B2010
🇿🇼Zimbabwe
$6.85B2024
See all countries for this indicator