Gross savings as a share of GDP in the Philippines 2009-2023

Published by
Christy Balita,
Nov 4, 2024
The gross savings as a share of the GDP in the Philippines increased by 4.9 percentage points (+21.81 percent) in 2023 in comparison to the previous year. In total, the gross savings amounted to 27.32 percent in 2023.
Gross savings are calculated as gross national income minus total consumption, plus net transfers.

Find more statistics on other topics about the Philippines with key insights such as charges for the use of intellectual property, total reserves, and share of value added by the manufacturing industry to the gross domestic product.

Gross savings as a share of GDP in the Philippines from 2009 to 2023

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Source

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Release date

October 2024

Region

Philippines

Survey time period

2009 to 2023

Supplementary notes

According to the source, gross savings are calculated as gross national income less total consumption, plus net transfers.

Figures have been rounded.

The source does not provide an exact publication date. The release date is the same as the accessed date.

Figures prior to 2010 came from previous reporting.

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