Adjusted savings: net national savings (current US$) in Philippines
Philippines: Adjusted savings: net national savings was 38.35 billion current US$ in 2021. ◆ Volatile
Adjusted savings: net national savings in Philippines, 1981–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
Philippines recorded 38.35 billion current US$ for adjusted savings: net national savings in 2021.
Compared with earlier readings it is down 27.6% on the previous year and down 38.2% over ten years.
Over the whole period, adjusted savings: net national savings in Philippines peaked at 86.91 billion current US$ in 2017 and was at its lowest, 2.90 billion current US$, in 1985.
That places Philippines 36th out of 177 countries with data for 2021, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: net national savings in Philippines, year by year
| Year | current US$ | Change |
|---|---|---|
| 1981 | 9.47 billion current US$ | — |
| 1982 | 8.83 billion current US$ | -6.8% |
| 1983 | 8.59 billion current US$ | -2.7% |
| 1984 | 5.20 billion current US$ | -39.5% |
| 1985 | 2.90 billion current US$ | -44.2% |
| 1986 | 2.93 billion current US$ | +1.1% |
| 1987 | 4.70 billion current US$ | +60.2% |
| 1988 | 6.14 billion current US$ | +30.5% |
| 1989 | 6.96 billion current US$ | +13.4% |
| 1990 | 7.47 billion current US$ | +7.3% |
| 1991 | 6.79 billion current US$ | -9.1% |
| 1992 | 7.64 billion current US$ | +12.5% |
| 1993 | 7.09 billion current US$ | -7.2% |
| 1994 | 9.85 billion current US$ | +39.0% |
| 1995 | 10.93 billion current US$ | +10.9% |
| 1996 | 12.91 billion current US$ | +18.1% |
| 1997 | 14.43 billion current US$ | +11.8% |
| 1998 | 15.40 billion current US$ | +6.7% |
| 1999 | 23.49 billion current US$ | +52.5% |
| 2000 | 21.07 billion current US$ | -10.3% |
| 2001 | 20.46 billion current US$ | -2.9% |
| 2002 | 22.36 billion current US$ | +9.2% |
| 2003 | 23.25 billion current US$ | +4.0% |
| 2004 | 23.54 billion current US$ | +1.2% |
| 2005 | 28.10 billion current US$ | +19.4% |
| 2006 | 32.80 billion current US$ | +16.7% |
| 2007 | 39.41 billion current US$ | +20.2% |
| 2008 | 44.85 billion current US$ | +13.8% |
| 2009 | 47.42 billion current US$ | +5.7% |
| 2010 | 59.91 billion current US$ | +26.3% |
| 2011 | 62.02 billion current US$ | +3.5% |
| 2012 | 65.89 billion current US$ | +6.2% |
| 2013 | 74.77 billion current US$ | +13.5% |
| 2014 | 81.47 billion current US$ | +9.0% |
| 2015 | 80.32 billion current US$ | -1.4% |
| 2016 | 82.39 billion current US$ | +2.6% |
| 2017 | 86.91 billion current US$ | +5.5% |
| 2018 | 85.48 billion current US$ | -1.6% |
| 2019 | 82.50 billion current US$ | -3.5% |
| 2020 | 52.98 billion current US$ | -35.8% |
| 2021 | 38.35 billion current US$ | -27.6% |
Philippines compared with similar countries
- Philippines's 38.35 billion current US$ is above the median for upper middle income countries, which is 2.97 billion current US$, 12.9× the median. (51 countries reporting)
- Philippines's 38.35 billion current US$ is above the median for East Asia & Pacific, which is 7.03 billion current US$, 5.5× the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 6.19 billion current US$ | 2.90 billion current US$ | 9.47 billion current US$ | 9 |
| 1990s | 11.60 billion current US$ | 6.79 billion current US$ | 23.49 billion current US$ | 10 |
| 2000s | 30.33 billion current US$ | 20.46 billion current US$ | 47.42 billion current US$ | 10 |
| 2010s | 76.17 billion current US$ | 59.91 billion current US$ | 86.91 billion current US$ | 10 |
| 2020s | 45.66 billion current US$ | 38.35 billion current US$ | 52.98 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: net national savings in Philippines?
- Adjusted savings: net national savings in Philippines was 38.35 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Philippines?
- The highest recorded value was 86.91 billion current US$ in 2017.
- What is the lowest adjusted savings: net national savings recorded in Philippines?
- The lowest recorded value was 2.90 billion current US$ in 1985.
- How does Philippines rank for adjusted savings: net national savings?
- Philippines ranks 36th out of 177 countries with data for 2021.
- Is adjusted savings: net national savings rising or falling in Philippines?
- Over the last ten years it is down 38.2%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.