• Philippines: construction value from approved building permits by region

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The overall value of constructions within the National Capital Region of the Philippines amounted to approximately 158.1 billion Philippine pesos in 2019. As of February 17, 2020, there were about 22 infrastructure projects of the government that was on the stage of ongoing implementation, construction commencing in six to eight months, and on the advance stages of approval within the region.

Value of constructions from approved building permits in the Philippines in 2019, by region (in billion Philippine pesos)

Characteristic	Value in billion Philippine pesos
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Source

Release date

October 2020

More information

Region

Philippines

Survey time period

2019

Supplementary notes

One Philippine peso is equal to 0.02 U.S. dollars and 0.017 euros as of July 2021.
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.