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Growth rate of the fixed capital formation in the construction sector in the Philippines from 2019 to 2024

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Source

Release date

January 2025

Region

Philippines

Survey time period

2019 to 2024

Special properties

figures are at constant 2018 prices

Supplementary notes

Fixed capital formation refers to the investments in construction as a component of expenditures on GDP.

Figures are in comparison with the previous year.

Figures prior to 2020 came from previous reporting.

Citation formats

Growth rate of construction capital formation Philippines 2019-2024

Published by ÌÇÐÄÆƽâ°æ Research Department, Mar 4, 2025

The fixed capital formation in the construction sector in the Philippines grew by **** percent in 2024 in comparison to the previous year. The decline in 2020 was attributed to the impact of the coronavirus (COVID-19) pandemic on the construction sector.

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