As of the fourth quarter 2024, the total value of construction from approved building permits in the Philippines amounted to approximately 111 billion Philippine pesos, of which 31 billion came from Region IV-A. Meanwhile, approved building permit constructions at the National Capital Region reached roughly 16 billion Philippine pesos.
Value of constructions from approved buildings in the Philippines as of the 4th quarter 2023, by region
(in billion Philippine pesos)
One Philippines peso is equal to 0.018 U.S. dollars and 0.016 euros as of April 2024.
Figures have been rounded.
Data were based on approved building permits for new constructions and additions, alterations and repairs of existing residential and non-residential buildings, and other structures which are proposed to be constructed in the different cities/municipalities of the country.
The values were the sum of the costs of building, electrical, mechanical, plumbing, and others. The value was derived from the approved building permit and represented the estimated value of the building or structure when completed.
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PSA (Philippines). (February 22, 2024). Value of constructions from approved buildings in the Philippines as of the 4th quarter 2023, by region (in billion Philippine pesos) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1100777/philippines-construction-value-from-approved-building-permits-by-region/
PSA (Philippines). "Value of constructions from approved buildings in the Philippines as of the 4th quarter 2023, by region (in billion Philippine pesos)." Chart. February 22, 2024. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1100777/philippines-construction-value-from-approved-building-permits-by-region/
PSA (Philippines). (2024). Value of constructions from approved buildings in the Philippines as of the 4th quarter 2023, by region (in billion Philippine pesos). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1100777/philippines-construction-value-from-approved-building-permits-by-region/
PSA (Philippines). "Value of Constructions from Approved Buildings in The Philippines as of The 4th Quarter 2023, by Region (in Billion Philippine Pesos)." Statista, Statista Inc., 22 Feb 2024, https://www.statista.com/statistics/1100777/philippines-construction-value-from-approved-building-permits-by-region/
PSA (Philippines), Value of constructions from approved buildings in the Philippines as of the 4th quarter 2023, by region (in billion Philippine pesos) Statista, https://www.statista.com/statistics/1100777/philippines-construction-value-from-approved-building-permits-by-region/ (last visited December 23, 2024)
Value of constructions from approved buildings in the Philippines as of the 4th quarter 2023, by region (in billion Philippine pesos) [Graph], PSA (Philippines), February 22, 2024. [Online]. Available: https://www.statista.com/statistics/1100777/philippines-construction-value-from-approved-building-permits-by-region/
