Philippines - 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

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.

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts