Construction value from approved buildings Philippines 2021, by region

Value of constructions from approved buildings in the Philippines in 2021, by region

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Release date

July 2023

Region

Philippines

Survey time period

2021

Supplementary notes

One Philippines peso is equal to 0.018 U.S. dollars and 0.017 euros as of July 2023.
Figures have been rounded.

Data were based on approved building permits for new constructions and additions, alterations and repairs of existing residential and non-residential buildings, and other structures which are proposed to be constructed in the different cities/municipalities of the country.

The values were the sum of the costs of building, electrical, mechanical, plumbing, and others. The value was derived from the approved building permit and represented the estimated value of the building or structure when completed.

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