Benin vs Philippines: Gross savings
Gross savings over time
- Benin
- Philippines
How they compare
Benin currently reports 30.3% against 30.1% in Philippines, a difference of 0.2%.
The two have swapped places 1 time across 43 shared years of data; in 1981 it was Philippines ahead.
Benin ranks 38th and Philippines ranks 39th of 178 countries.
Across the 5 decades both report, Benin averaged higher in 1 and Philippines in 4.
Head to head by decade
| Decade | Benin | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 4.7% | 24.0% | 19.4% | Philippines |
| 1990s | 13.0% | 24.1% | 11.1% | Philippines |
| 2000s | 12.7% | 36.1% | 23.4% | Philippines |
| 2010s | 16.5% | 35.7% | 19.2% | Philippines |
| 2020s | 25.8% | 23.7% | 2.1% | Benin |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Benin or Philippines?
- Benin, at 30.3% against 30.1% in Philippines as of 2023.
- What is the difference in gross savings between Benin and Philippines?
- 0.2%, with Benin ahead.
- How many years of comparable data are there for Benin and Philippines?
- 43 years are reported by both, from 1981 to 2023.
- How do Benin and Philippines rank globally for gross savings?
- Benin ranks 38th and Philippines ranks 39th of 178 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross savings (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.