Hong Kong vs Philippines: Gross savings
Gross savings over time
- Hong Kong
- Philippines
How they compare
Philippines currently reports 146.68 billion current US$ against 119.24 billion current US$ in Hong Kong, a difference of 27.43 billion current US$.
That makes Philippines's figure about 1.2 times Hong Kong's.
The two have swapped places 3 times across 27 shared years of data; in 1998 it was Hong Kong ahead.
Hong Kong ranks 35th and Philippines ranks 32nd of 177 countries.
Across the 4 decades both report, Hong Kong averaged higher in 2 and Philippines in 2.
Head to head by decade
| Decade | Hong Kong | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 51.97 billion current US$ | 26.43 billion current US$ | 25.53 billion current US$ | Hong Kong |
| 2000s | 61.56 billion current US$ | 42.80 billion current US$ | 18.75 billion current US$ | Hong Kong |
| 2010s | 78.87 billion current US$ | 104.99 billion current US$ | 26.12 billion current US$ | Philippines |
| 2020s | 99.82 billion current US$ | 102.85 billion current US$ | 3.03 billion current US$ | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Hong Kong or Philippines?
- Philippines, at 146.68 billion current US$ against 119.24 billion current US$ in Hong Kong as of 2025.
- What is the difference in gross savings between Hong Kong and Philippines?
- 27.43 billion current US$, with Philippines ahead.
- How many years of comparable data are there for Hong Kong and Philippines?
- 27 years are reported by both, from 1998 to 2024.
- How do Hong Kong and Philippines rank globally for gross savings?
- Hong Kong ranks 35th and Philippines ranks 32nd of 177 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross savings (current US$). 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 indicator is expressed in United States dollars.