Latin America & Caribbean (excluding high income) vs Philippines: Gross savings
Gross savings over time
- Latin America & Caribbean (excluding high income)
- Philippines
How they compare
Philippines currently reports 30.1% against 16.2% in Latin America & Caribbean (excluding high income), a difference of 13.9%.
That makes Philippines's figure about 1.9 times Latin America & Caribbean (excluding high income)'s.
The two have swapped places 6 times across 45 shared years of data; in 1981 it was Philippines ahead.
Latin America & Caribbean (excluding high income) ranks 41st and Philippines ranks 39th of 42 groups.
Philippines has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean (excluding high income) | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 20.7% | 24.0% | 3.3% | Philippines |
| 1990s | 21.3% | 24.1% | 2.8% | Philippines |
| 2000s | 22.7% | 36.1% | 13.4% | Philippines |
| 2010s | 18.3% | 35.7% | 17.4% | Philippines |
| 2020s | 17.2% | 25.7% | 8.5% | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Latin America & Caribbean (excluding high income) or Philippines?
- Philippines, at 30.1% against 16.2% in Latin America & Caribbean (excluding high income) as of 2025.
- What is the difference in gross savings between Latin America & Caribbean (excluding high income) and Philippines?
- 13.9%, with Philippines ahead.
- How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Philippines?
- 45 years are reported by both, from 1981 to 2025.
- How do Latin America & Caribbean (excluding high income) and Philippines rank globally for gross savings?
- Latin America & Caribbean (excluding high income) ranks 41st and Philippines ranks 39th of 42 groups.
- 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.
Individual pages
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.