North America vs Philippines: Gross savings
Gross savings over time
- North America
- Philippines
How they compare
Philippines currently reports 30.1% against 17.0% in North America, a difference of 13.1%.
That makes Philippines's figure about 1.8 times North America's.
The two have swapped places 2 times across 44 shared years of data; in 1981 it was Philippines ahead.
North America ranks 37th 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 | North America | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 20.7% | 24.0% | 3.4% | Philippines |
| 1990s | 19.1% | 24.1% | 5.0% | Philippines |
| 2000s | 18.2% | 36.1% | 17.9% | Philippines |
| 2010s | 18.6% | 35.7% | 17.1% | Philippines |
| 2020s | 18.0% | 24.8% | 6.8% | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, North America or Philippines?
- Philippines, at 30.1% against 17.0% in North America as of 2025.
- What is the difference in gross savings between North America and Philippines?
- 13.1%, with Philippines ahead.
- How many years of comparable data are there for North America and Philippines?
- 44 years are reported by both, from 1981 to 2024.
- How do North America and Philippines rank globally for gross savings?
- North America ranks 37th 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.