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.
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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 October 31, 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 October 31, 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: October 31, 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 October 31, 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/