Adjusted net savings, excluding particulate emission damage in Philippines
Philippines: Adjusted net savings, excluding particulate emission damage was 8.4% in 2021. ▲ Rising
Adjusted net savings, excluding particulate emission damage in Philippines, 1990–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for adjusted net savings, excluding particulate emission damage in Philippines is 8.4%, measured in 2021. That is the lowest value across all 32 years on record.
That represents a change of down 38.6% on the previous year and down 63.8% over ten years.
Over the whole period, adjusted net savings, excluding particulate emission damage in Philippines peaked at 25.6% in 1999 and was at its lowest, 8.4%, in 2021.
Philippines ranks 85th of 164 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
Adjusted net savings, excluding particulate emission damage in Philippines, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1990 | 15.8% | — |
| 1991 | 14.2% | -9.9% |
| 1992 | 13.7% | -3.9% |
| 1993 | 12.4% | -9.3% |
| 1994 | 14.3% | +15.5% |
| 1995 | 13.8% | -3.4% |
| 1996 | 14.8% | +7.3% |
| 1997 | 16.1% | +8.6% |
| 1998 | 19.6% | +21.7% |
| 1999 | 25.6% | +30.7% |
| 2000 | 24.0% | -6.4% |
| 2001 | 24.4% | +1.8% |
| 2002 | 25.0% | +2.2% |
| 2003 | 24.9% | -0.1% |
| 2004 | 22.8% | -8.8% |
| 2005 | 23.8% | +4.4% |
| 2006 | 23.4% | -1.4% |
| 2007 | 22.0% | -6.2% |
| 2008 | 22.7% | +3.5% |
| 2009 | 24.4% | +7.4% |
| 2010 | 25.5% | +4.5% |
| 2011 | 23.1% | -9.5% |
| 2012 | 22.8% | -1.1% |
| 2013 | 24.0% | +4.9% |
| 2014 | 24.6% | +2.6% |
| 2015 | 23.9% | -2.7% |
| 2016 | 23.6% | -1.1% |
| 2017 | 23.9% | +1.2% |
| 2018 | 22.3% | -7.0% |
| 2019 | 19.9% | -10.5% |
| 2020 | 13.6% | -31.6% |
| 2021 | 8.4% | -38.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 16.0% | 12.4% | 25.6% | 10 |
| 2000s | 23.7% | 22.0% | 25.0% | 10 |
| 2010s | 23.4% | 19.9% | 25.5% | 10 |
| 2020s | 11.0% | 8.4% | 13.6% | 2 |
Countries ranked near Philippines
More economy & growth data for Philippines
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.98 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.4 Percent per annum (2029)
- Gross capital formation (constant 2015 US$), annual growth rate -1.69 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2093 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 872.94 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 5.81 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.4024 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 1,678 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 6.21 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 23.14 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is adjusted net savings, excluding particulate emission damage in Philippines?
- Adjusted net savings, excluding particulate emission damage in Philippines was 8.4% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted net savings, excluding particulate emission damage recorded in Philippines?
- The highest recorded value was 25.6% in 1999.
- What is the lowest adjusted net savings, excluding particulate emission damage recorded in Philippines?
- The lowest recorded value was 8.4% in 2021.
- How does Philippines rank for adjusted net savings, excluding particulate emission damage?
- Philippines ranks 85th out of 164 countries with data for 2021.
- Is adjusted net savings, excluding particulate emission damage rising or falling in Philippines?
- Over the last ten years it is down 63.8%. The long-run trend across the full record is rising.
- Where does this Philippines data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted net savings, excluding particulate emission damage (% of GNI). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Adjusted net savings are equal to net national savings plus education expenditure and minus energy depletion, mineral depletion, net forest depletion, and carbon dioxide. This series excludes particulate emissions damage. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.