Gross savings in Philippines
Philippines: Gross savings was 26.2% in 2025. ▲ Rising
Gross savings in Philippines, 1981–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GNI.
Analysis
Philippines recorded 26.2% for gross savings in 2025.
The figure is up 1.6% on the previous year and down 18.1% over ten years.
Over the whole period, gross savings in Philippines peaked at 35.7% in 2010 and was at its lowest, 18.9%, in 1985.
Philippines ranks 61st of 177 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 45 years of available data.
Gross savings in Philippines, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1981 | 30.9% | — |
| 1982 | 28.8% | -6.8% |
| 1983 | 31.3% | +8.8% |
| 1984 | 24.8% | -20.9% |
| 1985 | 18.9% | -23.7% |
| 1986 | 19.2% | +1.7% |
| 1987 | 22.5% | +17.1% |
| 1988 | 23.3% | +3.3% |
| 1989 | 22.9% | -1.7% |
| 1990 | 22.8% | -0.4% |
| 1991 | 21.1% | -7.4% |
| 1992 | 20.5% | -2.7% |
| 1993 | 20.1% | -2.2% |
| 1994 | 21.9% | +9.1% |
| 1995 | 21.3% | -2.4% |
| 1996 | 21.7% | +1.4% |
| 1997 | 22.8% | +5.2% |
| 1998 | 26.0% | +14.1% |
| 1999 | 31.7% | +22.1% |
| 2000 | 30.5% | -3.8% |
| 2001 | 31.6% | +3.5% |
| 2002 | 32.2% | +1.9% |
| 2003 | 32.5% | +1.1% |
| 2004 | 33.1% | +1.8% |
| 2005 | 34.4% | +3.8% |
| 2006 | 34.1% | -0.9% |
| 2007 | 33.7% | -1.1% |
| 2008 | 32.9% | -2.3% |
| 2009 | 34.0% | +3.3% |
| 2010 | 35.7% | +5.1% |
| 2011 | 33.3% | -6.9% |
| 2012 | 31.6% | -4.9% |
| 2013 | 32.5% | +2.8% |
| 2014 | 33.5% | +2.9% |
| 2015 | 32.0% | -4.5% |
| 2016 | 31.6% | -1.3% |
| 2017 | 32.0% | +1.3% |
| 2018 | 30.6% | -4.4% |
| 2019 | 28.9% | -5.5% |
| 2020 | 23.1% | -20.1% |
| 2021 | 19.5% | -15.4% |
| 2022 | 21.2% | +8.8% |
| 2023 | 24.6% | +16.1% |
| 2024 | 25.8% | +4.6% |
| 2025 | 26.2% | +1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 24.7% | 18.9% | 31.3% | 9 |
| 1990s | 23.0% | 20.1% | 31.7% | 10 |
| 2000s | 32.9% | 30.5% | 34.4% | 10 |
| 2010s | 32.2% | 28.9% | 35.7% | 10 |
| 2020s | 23.4% | 19.5% | 26.2% | 6 |
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)
- Services, value added (current US$), annual growth rate 7.49 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6442 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 2,687 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 7.89 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 37.04 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 154,500 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 5.82 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.6191 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross savings in Philippines?
- Gross savings in Philippines was 26.2% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Philippines?
- The highest recorded value was 35.7% in 2010.
- What is the lowest gross savings recorded in Philippines?
- The lowest recorded value was 18.9% in 1985.
- How does Philippines rank for gross savings?
- Philippines ranks 61st out of 177 countries with data for 2025.
- Is gross savings rising or falling in Philippines?
- Over the last ten years it is down 18.1%. The long-run trend across the full record is rising.
- Where does this Philippines data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (% of GNI). Statizoid updates them automatically from the source API.
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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 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.