• Philippines: gross capital formation growth 2020

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In 2020, the gross capital formation in the Philippines decreased by -34.40 percent from the previous year. Comparatively, the annual growth of the gross capital formation in Bangladesh was -10.32 percent in 2006.

Gross capital formation growth in the Philippines from 2006 to 2020

Characteristic	Gross capital formation growth
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-

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Release date

October 2021

More information

Region

Philippines

Survey time period

2006 to 2020

Supplementary notes

According to The World Bank, Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress."

Figures have been rounded.

The source does not provide an exact publication date. The release date is the same as the accessed date.

Figures prior to 2010 came from previous reporting.