Gross national savings — all countries

Gross national savings — Philippines

Gross national savings in the Philippines in 2025 — 30.1%. Ranked 12 in the world out of 73. Since 1981, the indicator has fallen by 0.4 pp.

2025 30.1% +1 pp vs 2024
World rank 12of 73
Period maximum 39.8%2010
Period minimum 18.2%1985

Trend over time

1981–2025 · % of GDP

Gross national savings — Philippines, 1981–20251020304019811986199119962001200620112016202120251981: 30.5%1982: 28.1%1983: 30.6%1984: 23.8%1985: 18.2%1986: 18.5%1987: 21.8%1988: 22.6%1989: 22.2%1990: 22.4%1991: 21%1992: 20.7%1993: 20.4%1994: 22.4%1995: 21.9%1996: 22.4%1997: 23.9%1998: 29.6%1999: 36%2000: 33.4%2001: 34.6%2002: 35.3%2003: 35.6%2004: 36.2%2005: 37.8%2006: 37.2%2007: 36.8%2008: 36%2009: 37.9%2010: 39.8%2011: 36.9%2012: 35.1%2013: 36.4%2014: 37.3%2015: 35.6%2016: 35.1%2017: 35.5%2018: 33.8%2019: 31.8%2020: 24.8%2021: 20.2%2022: 22.5%2023: 27.3%2024: 29.1%2025: 30.1%
Change over the period: −0.4 pp Annual average: -0.01 pp
Gross national savings — Philippines, by year Philippines All countries CSV XLSX
Year % Change, pp
2025 30.1 +1 pp
2024 29.1 +1.8 pp
2023 27.3 +4.9 pp
2022 22.5 +2.3 pp
2021 20.2 −4.6 pp
2020 24.8 −6.9 pp
2019 31.8 −2.1 pp
2018 33.8 −1.7 pp
2017 35.5 +0.4 pp
2016 35.1 −0.6 pp
2015 35.6 −1.7 pp
2014 37.3 +1 pp
2013 36.4 +1.2 pp
2012 35.1 −1.7 pp
2011 36.9 −2.9 pp
2010 39.8 +1.8 pp
2009 37.9 +1.9 pp
2008 36 −0.7 pp
2007 36.8 −0.5 pp
2006 37.2 −0.5 pp
2005 37.8 +1.5 pp
2004 36.2 +0.6 pp
2003 35.6 +0.3 pp
2002 35.3 +0.6 pp
2001 34.6 +1.2 pp
2000 33.4 −2.6 pp
1999 36 +6.3 pp
1998 29.6 +5.7 pp
1997 23.9 +1.5 pp
1996 22.4 +0.5 pp
1995 21.9 −0.5 pp
1994 22.4 +2.1 pp
1993 20.4 −0.4 pp
1992 20.7 −0.3 pp
1991 21 −1.4 pp
1990 22.4 +0.3 pp
1989 22.2 −0.5 pp
1988 22.6 +0.8 pp
1987 21.8 +3.3 pp
1986 18.5 +0.3 pp
1985 18.2 −5.6 pp
1984 23.8 −6.9 pp
1983 30.6 +2.5 pp
1982 28.1 −2.4 pp
1981 30.5

South-Eastern Asia, 2025

The same indicator for neighboring countries — with links to their pages

About the indicator

Gross national savings as a percent of GDP — what is left of national income after all consumption, private and public. Savings and capital formation differ by the balance of external transactions: a country that saves more than it invests at home exports capital, and one that invests more than it saves imports it. Hence the stable link with the current account balance, which is exactly what this indicator makes visible.

Important: The difference between savings and capital formation is approximately equal to the current account balance — that is an identity of the national accounts, not a coincidence.

Source: World Development Indicators (World Bank), license CC BY 4.0.