Gross capital formation rose 6.88% to USD 109,332 bil in Philippines in 2024, according to the National Statistical Office.
Historically, gross capital formation in Philippines reached an all time high of USD 109,332 bil in 2024 and an all time low of USD 883 bil in 1962.
Philippines has been ranked 28th within the group of 126 countries we follow in terms of gross capital formation, 15 places above the position seen 10 years ago.
Gross Capital Formation (USD) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Australia | USD bil | 351,904 | 325,776 | 297,933 | 357,072 | 401,886 | ||||||||||||||||
Cambodia | USD bil | 10,189 | 11,517 | 10,916 | 11,176 | 13,836 | ||||||||||||||||
China | USD bil | 6,127,939 | 6,212,756 | 6,384,329 | 7,768,897 | 7,758,145 | ... | |||||||||||||||
Hong Kong | USD bil | 79,562 | 66,043 | 65,477 | 61,898 | 54,627 | ||||||||||||||||
India | USD bil | 874,214 | 853,410 | 773,631 | 1,017,195 | 1,124,936 | ||||||||||||||||
Indonesia | USD bil | 360,319 | 378,034 | 342,534 | 373,144 | 392,371 | ||||||||||||||||
Japan | USD bil | 1,292,568 | 1,319,915 | 1,274,839 | 1,301,346 | 1,141,299 | ... | |||||||||||||||
Laos | USD bil | ... | ... | ... | ... | ... | ... | ... | ||||||||||||||
Malaysia | USD bil | 85,741 | 76,863 | 66,337 | 82,703 | 96,236 | ||||||||||||||||
Philippines | USD bil | 94,170 | 99,488 | 63,065 | 83,313 | 99,818 | ||||||||||||||||
Russia | USD bil | 363,255 | 383,685 | 350,213 | 420,884 | 531,720 | ||||||||||||||||
Singapore | USD bil | 93,432 | 92,165 | 79,629 | 104,866 | 113,073 | ||||||||||||||||
Taiwan | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Thailand | USD bil | 127,801 | 129,547 | 118,887 | 145,121 | 138,079 | ||||||||||||||||
USA | USD bil | 4,455,419 | 4,667,673 | 4,573,797 | 5,051,971 | 5,708,454 | ||||||||||||||||
Vietnam | USD bil | 99,295 | 106,930 | 110,625 | 120,554 | 133,710 | ... |