Philippines capacity utilization

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Philippines capacity utilization: 75.5 (0.27%)
Last Update: May 31, 2024

Philippines capacity utilization closed down 75.5 as of May 31, 2024 from 75.3 from the previous month and 73.53 from last year.


Philippines capacity utilization Analytics & Data




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Philippines capacity utilization

DateValues
2024-05-31 75.5
2024-04-30 75.3
2024-03-31 75.3
2024-02-29 75.1
2024-01-31 74.47
2023-12-31 74.35
2023-11-30 74.77
2023-10-31 74.28
2023-09-30 74.36
2023-08-31 73.96
2023-07-31 73.6
2023-06-30 73.27
2023-05-31 73.53
2023-04-30 72.48
2023-03-31 73.61
2023-02-28 72.69
2023-01-31 72.95
2022-12-31 71.47
2022-11-30 72.61
2022-10-31 72.46
2022-09-30 71.67
2022-08-31 71.46
2022-07-31 71.44
2022-06-30 71.21

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Philippines capacity utilization Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
capacity utilizationph.caputilization75.575.303UPUP622024-05-31

Philippines capacity utilization Factors

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Philippines capacity utilization Historical Data

The MacroVar database offers free access to historical data for the Philippines capacity utilization, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Philippines capacity utilization data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Philippines capacity utilization

Capacity utilization in the Philippines refers to the level at which the country's industries and manufacturing sectors are operating in relation to their maximum potential output. A high capacity utilization rate indicates that these sectors are operating close to full capacity, which is a positive sign for the economy as it signals strong demand and production levels. On the other hand, a low capacity utilization rate may indicate underutilization of resources and potential room for growth and expansion. Monitoring capacity utilization is important for policymakers and businesses as it can help in making informed decisions about investments, production planning, and overall economic performance.