Philippines vs Turkey: Gross savings
Gross savings over time
- Philippines
- Turkey
How they compare
Turkey currently reports 13.34 trillion current LCU against 8.43 trillion current LCU in Philippines, a difference of 4.90 trillion current LCU.
That makes Turkey's figure about 1.6 times Philippines's.
The two have swapped places 1 time across 44 shared years of data; in 1981 it was Philippines ahead.
Philippines ranks 31st and Turkey ranks 29th of 178 countries.
Across the 5 decades both report, Philippines averaged higher in 4 and Turkey in 1.
Head to head by decade
| Decade | Philippines | Turkey | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 147.22 billion current LCU | 18.03 million current LCU | 147.21 billion current LCU | Philippines |
| 1990s | 547.21 billion current LCU | 6.48 billion current LCU | 540.74 billion current LCU | Philippines |
| 2000s | 2.12 trillion current LCU | 151.48 billion current LCU | 1.97 trillion current LCU | Philippines |
| 2010s | 4.92 trillion current LCU | 682.14 billion current LCU | 4.24 trillion current LCU | Philippines |
| 2020s | 5.54 trillion current LCU | 6.24 trillion current LCU | 701.80 billion current LCU | Turkey |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Philippines or Turkey?
- Turkey, at 13.34 trillion current LCU against 8.43 trillion current LCU in Philippines as of 2024.
- What is the difference in gross savings between Philippines and Turkey?
- 4.90 trillion current LCU, with Turkey ahead.
- How many years of comparable data are there for Philippines and Turkey?
- 44 years are reported by both, from 1981 to 2024.
- How do Philippines and Turkey rank globally for gross savings?
- Philippines ranks 31st and Turkey ranks 29th of 178 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.