Gross Fixed Capital Formation in Philippines decreased to 993917.09 PHP Million in the first quarter of 2022 from 1104651.09 PHP Million in the fourth quarter of 2021. source: Philippine Statistics Authority
Gross Fixed Capital Formation in Philippines averaged 612526.50 PHP Million from 1998 until 2022, reaching an all time high of 1441657.08 PHP Million in the fourth quarter of 2019 and a record low of 163357.69 PHP Million in the third quarter of 1999. This page provides - Philippines Gross Fixed Capital Formation - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Gross Fixed Capital Formation - values, historical data and charts - was last updated on June of 2022.
Gross Fixed Capital Formation in Philippines is expected to be 1256782.00 PHP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Gross Fixed Capital Formation is projected to trend around 1274149.00 PHP Million in 2023 and 1356968.00 PHP Million in 2024, according to our econometric models.