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Gross Capital Formation (USD) rose 6.88% to USD 109,332 bil in Philippines in 2024

Gross Capital Formation (USD) (USD bil), 2024
Economy | Philippines | September 1, 2025
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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 ...