Philippines - Gross savings

Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in Philippines was 28.71 as of 2019. Its highest value over the past 42 years was 35.74 in 2010, while its lowest value was 16.45 in 1985.

Definition: Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.

Source: World Bank national accounts data files.

See also:

Year Value
1977 28.02
1978 28.14
1979 27.56
1980 26.99
1981 27.12
1982 24.45
1983 26.91
1984 21.44
1985 16.45
1986 16.83
1987 19.73
1988 20.55
1989 19.45
1990 18.94
1991 18.09
1992 17.39
1993 16.46
1994 18.66
1995 18.29
1996 18.54
1997 20.06
1998 25.57
1999 31.46
2000 30.51
2001 31.60
2002 32.20
2003 32.55
2004 33.14
2005 34.41
2006 34.09
2007 33.73
2008 32.96
2009 34.01
2010 35.74
2011 33.28
2012 31.64
2013 32.53
2014 33.49
2015 31.98
2016 31.55
2017 31.96
2018 30.55
2019 28.71

Gross savings (current US$)

The latest value for Gross savings (current US$) in Philippines was $89,867,100,000 as of 2020. Over the past 39 years, the value for this indicator has fluctuated between $119,661,000,000 in 2019 and $6,284,762,000 in 1986.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars.

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

See also:

Year Value
1981 $12,350,100,000
1982 $11,855,800,000
1983 $11,562,320,000
1984 $8,493,058,000
1985 $6,366,142,000
1986 $6,284,762,000
1987 $8,241,904,000
1988 $9,763,950,000
1989 $10,757,460,000
1990 $11,333,920,000
1991 $10,871,590,000
1992 $12,513,500,000
1993 $12,625,240,000
1994 $16,402,970,000
1995 $18,566,820,000
1996 $21,207,560,000
1997 $22,502,890,000
1998 $22,064,000,000
1999 $30,802,880,000
2000 $27,938,720,000
2001 $27,325,440,000
2002 $29,734,210,000
2003 $30,994,600,000
2004 $34,418,500,000
2005 $40,574,080,000
2006 $47,522,870,000
2007 $57,329,690,000
2008 $65,425,310,000
2009 $66,780,110,000
2010 $82,829,690,000
2011 $86,367,640,000
2012 $92,020,140,000
2013 $103,211,000,000
2014 $111,102,000,000
2015 $109,202,000,000
2016 $111,694,000,000
2017 $116,573,000,000
2018 $117,257,000,000
2019 $119,661,000,000
2020 $89,867,100,000

Gross savings (current LCU)

The value for Gross savings (current LCU) in Philippines was 4,459,570,000,000 as of 2020. As the graph below shows, over the past 39 years this indicator reached a maximum value of 6,197,930,000,000 in 2019 and a minimum value of 97,560,840,000 in 1981.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current local currency.

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

Year Value
1981 97,560,840,000
1982 101,249,000,000
1983 128,489,000,000
1984 141,823,000,000
1985 118,457,000,000
1986 128,119,000,000
1987 169,517,000,000
1988 205,968,000,000
1989 233,832,000,000
1990 275,533,000,000
1991 298,736,000,000
1992 319,251,000,000
1993 342,394,000,000
1994 433,320,000,000
1995 477,437,000,000
1996 555,979,000,000
1997 663,176,000,000
1998 902,265,000,000
1999 1,204,050,000,000
2000 1,234,680,000,000
2001 1,393,400,000,000
2002 1,534,390,000,000
2003 1,680,010,000,000
2004 1,928,810,000,000
2005 2,235,040,000,000
2006 2,438,600,000,000
2007 2,645,670,000,000
2008 2,899,870,000,000
2009 3,184,060,000,000
2010 3,736,420,000,000
2011 3,740,850,000,000
2012 3,885,900,000,000
2013 4,380,920,000,000
2014 4,932,410,000,000
2015 4,968,980,000,000
2016 5,304,620,000,000
2017 5,875,730,000,000
2018 6,174,920,000,000
2019 6,197,930,000,000
2020 4,459,570,000,000

Gross savings (% of GNI)

Gross savings (% of GNI) in Philippines was 23.08 as of 2020. Its highest value over the past 39 years was 35.74 in 2010, while its lowest value was 18.92 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 30.90
1982 28.80
1983 31.33
1984 24.79
1985 18.92
1986 19.24
1987 22.54
1988 23.28
1989 22.88
1990 22.78
1991 21.08
1992 20.51
1993 20.05
1994 21.87
1995 21.35
1996 21.66
1997 22.78
1998 25.99
1999 31.72
2000 30.51
2001 31.60
2002 32.20
2003 32.55
2004 33.14
2005 34.41
2006 34.09
2007 33.73
2008 32.94
2009 34.02
2010 35.74
2011 33.28
2012 31.64
2013 32.53
2014 33.49
2015 31.98
2016 31.55
2017 31.96
2018 30.55
2019 28.87
2020 23.08

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

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts