Philippines - Gross savings (% of GDP)

Gross savings (% of GDP) in Philippines was 24.86 as of 2020. Its highest value over the past 39 years was 39.75 in 2010, while its lowest value was 18.21 in 1985.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1981 30.49
1982 28.09
1983 30.62
1984 23.77
1985 18.21
1986 18.49
1987 21.81
1988 22.63
1989 22.17
1990 22.44
1991 20.99
1992 20.71
1993 20.35
1994 22.42
1995 21.94
1996 22.41
1997 23.91
1998 29.62
1999 35.97
2000 33.39
2001 34.62
2002 35.27
2003 35.61
2004 36.23
2005 37.77
2006 37.23
2007 36.75
2008 36.02
2009 37.95
2010 39.75
2011 36.88
2012 35.13
2013 36.35
2014 37.35
2015 35.63
2016 35.05
2017 35.49
2018 33.81
2019 31.76
2020 24.86

Statistical Concept and Methodology: Gross savings represent the difference between disposable income and consumption and replace gross domestic savings, a concept used by the World Bank and included in World Development Indicators editions before 2006. The change was made to conform to SNA concepts and definitions.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts