Latest Data
2024
10.1%
vs prev 5.41 pp
Data Coverage
Observations: 43
Period: Dec 1982 - Dec 2024
Frequency: Annual
Historic High: 33.0% (1989)
Historic Low: -39.3% (2020)
Related Series
Data Categories National Accounts National Income & Product Accounts Gross Domestic Product Growth Rate, By Expenditure
Gross Capital Formation Growth Rate
Annual, Current Prices, in percent
line-chart Line Chart
bar-chart Bar Chart
Table

Source: Philippine Statistics Authority

Units: Percent

Frequency: Annual

Notes: This series represents the annual percentage change in gross capital formation at current prices, comparing each year with the previous year. Gross capital formation measures total investment in the economy and comprises three components: fixed capital formation (investments in buildings, infrastructure, machinery, and equipment), changes in inventories (stocks of finished and unfinished goods), and net acquisition of valuables (precious metals, gems, art, etc.).1

Suggested Citation: Philippine Statistics Authority. Growth Rate of Gross Capital Formation, Annual, at Current Prices. EconSat®. Accessed July 17, 2026. http://econstat.net/category/national-accounts/B1/series/DGDPEXP-GCF/.

Reference:

  1. Philippine Statistics Authority. Technical Notes on the National Accounts of the Philippines. https://psa.gov.ph/statistics/national-accounts/technical-notes ↩