Madagascar vs Philippines: Gross savings
Gross savings over time
- Madagascar
- Philippines
How they compare
Madagascar currently reports 13.95 trillion current LCU against 8.43 trillion current LCU in Philippines, a difference of 5.52 trillion current LCU.
That makes Madagascar's figure about 1.7 times Philippines's.
The two have swapped places 7 times across 44 shared years of data; in 1981 it was Philippines ahead.
Madagascar ranks 28th and Philippines ranks 31st of 177 countries.
Across the 5 decades both report, Madagascar averaged higher in 2 and Philippines in 3.
Head to head by decade
| Decade | Madagascar | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 135.85 billion current LCU | 147.22 billion current LCU | 11.38 billion current LCU | Philippines |
| 1990s | 397.05 billion current LCU | 547.21 billion current LCU | 150.16 billion current LCU | Philippines |
| 2000s | 1.83 trillion current LCU | 2.12 trillion current LCU | 287.16 billion current LCU | Philippines |
| 2010s | 5.05 trillion current LCU | 4.92 trillion current LCU | 125.19 billion current LCU | Madagascar |
| 2020s | 9.05 trillion current LCU | 5.54 trillion current LCU | 3.51 trillion current LCU | Madagascar |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Madagascar or Philippines?
- Madagascar, at 13.95 trillion current LCU against 8.43 trillion current LCU in Philippines as of 2024.
- What is the difference in gross savings between Madagascar and Philippines?
- 5.52 trillion current LCU, with Madagascar ahead.
- How many years of comparable data are there for Madagascar and Philippines?
- 44 years are reported by both, from 1981 to 2024.
- How do Madagascar and Philippines rank globally for gross savings?
- Madagascar ranks 28th and Philippines ranks 31st of 177 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross savings (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.