Philippines

Capital Formation (Local Currency)

1477.73
billion currency units
Source: IMF

Global Ranking

14
Algeria2304.5
15
Costa Rica2016.93
16
Senegal1683.05
17
Taiwan1559.12
18
Mexico1481.91
19
Philippines1477.73
20
United States1122.53
21
Cameroon1091.9
22
Thailand979.36
23
Rwanda763

Asia Ranking

4
India18969.48
5
Russia10299
6
Mongolia6263.22
7
Kazakhstan3985.01
8
Taiwan1559.12
9
Philippines1477.73
10
Thailand979.36
11
Hong Kong123.94
12
Malaysia82.85
13
Singapore33.02
14
Kyrgyzstan20.84

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Definition of Capital Formation (Local Currency)

Gross fixed capital formation including land improvements; 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.

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