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