Adjusted savings: gross savings (current US$) in Philippines
Philippines: Adjusted savings: gross savings was 79.67 billion current US$ in 2021. ◆ Volatile
Latest (2021)
79.67 billion current US$
Change on year
down 11.3%
World rank
38th
of 178 countries
All-time high
119.66 billion current US$
in 2019
All-time low
6.28 billion current US$
in 1986
Years of data
41
1981–2021
Adjusted savings: gross savings in Philippines, 1981–2021
Source: World Bank national accounts data files. Measured in current US$.
Analysis
Philippines recorded 79.67 billion current US$ for adjusted savings: gross savings in 2021.
The figure is down 11.3% on the previous year and down 7.8% over ten years.
Over the whole period, adjusted savings: gross savings in Philippines peaked at 119.66 billion current US$ in 2019 and was at its lowest, 6.28 billion current US$, in 1986.
Philippines ranks 38th of 178 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: gross savings in Philippines, year by year
| Year | current US$ | Change |
|---|---|---|
| 1981 | 12.35 billion current US$ | — |
| 1982 | 11.86 billion current US$ | -4.0% |
| 1983 | 11.56 billion current US$ | -2.5% |
| 1984 | 8.49 billion current US$ | -26.5% |
| 1985 | 6.37 billion current US$ | -25.0% |
| 1986 | 6.28 billion current US$ | -1.3% |
| 1987 | 8.24 billion current US$ | +31.1% |
| 1988 | 9.76 billion current US$ | +18.5% |
| 1989 | 10.76 billion current US$ | +10.2% |
| 1990 | 11.33 billion current US$ | +5.4% |
| 1991 | 10.87 billion current US$ | -4.1% |
| 1992 | 12.51 billion current US$ | +15.1% |
| 1993 | 12.63 billion current US$ | +0.9% |
| 1994 | 16.40 billion current US$ | +29.9% |
| 1995 | 18.57 billion current US$ | +13.2% |
| 1996 | 21.21 billion current US$ | +14.2% |
| 1997 | 22.50 billion current US$ | +6.1% |
| 1998 | 22.06 billion current US$ | -2.0% |
| 1999 | 30.80 billion current US$ | +39.6% |
| 2000 | 27.94 billion current US$ | -9.3% |
| 2001 | 27.33 billion current US$ | -2.2% |
| 2002 | 29.73 billion current US$ | +8.8% |
| 2003 | 30.99 billion current US$ | +4.2% |
| 2004 | 34.42 billion current US$ | +11.0% |
| 2005 | 40.57 billion current US$ | +17.9% |
| 2006 | 47.52 billion current US$ | +17.1% |
| 2007 | 57.33 billion current US$ | +20.6% |
| 2008 | 65.43 billion current US$ | +14.1% |
| 2009 | 66.78 billion current US$ | +2.1% |
| 2010 | 82.83 billion current US$ | +24.0% |
| 2011 | 86.37 billion current US$ | +4.3% |
| 2012 | 92.02 billion current US$ | +6.5% |
| 2013 | 103.21 billion current US$ | +12.2% |
| 2014 | 111.10 billion current US$ | +7.6% |
| 2015 | 109.20 billion current US$ | -1.7% |
| 2016 | 111.69 billion current US$ | +2.3% |
| 2017 | 116.57 billion current US$ | +4.4% |
| 2018 | 117.26 billion current US$ | +0.6% |
| 2019 | 119.66 billion current US$ | +2.1% |
| 2020 | 89.78 billion current US$ | -25.0% |
| 2021 | 79.67 billion current US$ | -11.3% |
Philippines compared with similar countries
- Philippines's 79.67 billion current US$ is above the median for upper middle income countries, which is 9.19 billion current US$, 8.7× the median. (51 countries reporting)
- Philippines's 79.67 billion current US$ is above the median for East Asia & Pacific, which is 9.68 billion current US$, 8.2× the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 9.52 billion current US$ | 6.28 billion current US$ | 12.35 billion current US$ | 9 |
| 1990s | 17.89 billion current US$ | 10.87 billion current US$ | 30.80 billion current US$ | 10 |
| 2000s | 42.80 billion current US$ | 27.33 billion current US$ | 66.78 billion current US$ | 10 |
| 2010s | 104.99 billion current US$ | 82.83 billion current US$ | 119.66 billion current US$ | 10 |
| 2020s | 84.73 billion current US$ | 79.67 billion current US$ | 89.78 billion current US$ | 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)
- SDRs holdings, US dollar, annual growth rate 5.64 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0081 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 33.76 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5964 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0059 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 24.65 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.11 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0043 units per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: gross savings in Philippines?
- Adjusted savings: gross savings in Philippines was 79.67 billion current US$ in 2021, according to World Bank national accounts data files.
- What is the highest adjusted savings: gross savings recorded in Philippines?
- The highest recorded value was 119.66 billion current US$ in 2019.
- What is the lowest adjusted savings: gross savings recorded in Philippines?
- The lowest recorded value was 6.28 billion current US$ in 1986.
- How does Philippines rank for adjusted savings: gross savings?
- Philippines ranks 38th out of 178 countries with data for 2021.
- Is adjusted savings: gross savings rising or falling in Philippines?
- Over the last ten years it is down 7.8%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from World Bank national accounts data files, published as part of Adjusted savings: gross savings (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 41 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.