Mexico vs Philippines: Gross fixed capital formation
Gross fixed capital formation over time
- Mexico
- Philippines
How they compare
Mexico currently reports 5.78 trillion constant LCU against 5.26 trillion constant LCU in Philippines, a difference of 526.54 billion constant LCU.
That makes Mexico's figure about 1.1 times Philippines's.
Across all 26 years both countries report, Mexico has been ahead every year.
Globally, Mexico ranks 28th and Philippines ranks 31st of 167 countries.
Individual pages
About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.