The fixed capital formation in the construction sector in the Philippines grew by nine percent in 2023 in comparison to the previous yeare. The decline in 2020 was attributed to the impact of the coronavirus (COVID-19) pandemic on the construction sector.
Growth rate of the fixed capital formation in the construction sector in the Philippines from 2019 to 2023
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.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
PSA (Philippines). (January 31, 2024). Growth rate of the fixed capital formation in the construction sector in the Philippines from 2019 to 2023 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1102003/philippines-construction-expenditure-share-of-gdp/
PSA (Philippines). "Growth rate of the fixed capital formation in the construction sector in the Philippines from 2019 to 2023." Chart. January 31, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1102003/philippines-construction-expenditure-share-of-gdp/
PSA (Philippines). (2024). Growth rate of the fixed capital formation in the construction sector in the Philippines from 2019 to 2023. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1102003/philippines-construction-expenditure-share-of-gdp/
PSA (Philippines). "Growth Rate of The Fixed Capital Formation in The Construction Sector in The Philippines from 2019 to 2023." Statista, Statista Inc., 31 Jan 2024, https://www.statista.com/statistics/1102003/philippines-construction-expenditure-share-of-gdp/
PSA (Philippines), Growth rate of the fixed capital formation in the construction sector in the Philippines from 2019 to 2023 Statista, https://www.statista.com/statistics/1102003/philippines-construction-expenditure-share-of-gdp/ (last visited November 22, 2024)
Growth rate of the fixed capital formation in the construction sector in the Philippines from 2019 to 2023 [Graph], PSA (Philippines), January 31, 2024. [Online]. Available: https://www.statista.com/statistics/1102003/philippines-construction-expenditure-share-of-gdp/