Philippines Gross Savings
Gross savings as % of GDP NY.GNS.ICTR.ZS
Philippines's gross savings was 19.08% in 2025, ranked 103rd globally. This represents a 34.8% decrease from 2024. Data from World Bank, covering 1980–2025.
Overview
Philippines's gross savings stood at 19.08% in 2025, a decline of +10.16% from 2024. The IMF projects 19.08% by 2025. Philippines ranked 103rd globally.
The Philippines' Gross Savings rate has experienced significant fluctuations over the past 46 years, ranging from a low of 17.11 in 1980 to a peak of 39.75 in 2010. Despite being one of the highest globally in 2010, the country's savings rate has declined, ranking 103rd globally with a value of 19.08 in 2025. Notably, Mongolia, a peer country, has a comparable savings rate of 19.10 in 2025. The decline in savings rate is a concern, as it may indicate reduced investment opportunities and potential economic stagnation. A closer examination of the data reveals that the savings rate has been steadily decreasing since the 2010 peak. To reverse this trend, the Philippines would need to implement policies that encourage investment and economic growth, such as infrastructure development and tax reforms.
Data & projection
| Year | Gross Savings | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 21.54% | - | - |
| 2029* IMF | 21.21% | - | - |
| 2028* IMF | 20.71% | - | - |
| 2027* IMF | 20.39% | - | - |
| 2026* IMF | 18.92% | - | - |
| 2025* IMF | 19.08% | - | - |
| 2025 | 19.08% | −10.16% | #103 |
| 2024 | 29.24% | +8.67% | #39 |
| 2023 | 27.34% | +7.17% | #57 |
| 2022 | 22.47% | +2.84% | #90 |
| 2021 | 20.20% | −0.43% | #108 |
| 2020 | 24.82% | −0.77% | #65 |
| 2019 | 31.76% | +7.16% | #33 |
| 2018 | 33.81% | +8.90% | #25 |
| 2017 | 35.49% | +11.25% | #17 |
| 2016 | 35.05% | +11.34% | #14 |
| 2015 | 35.63% | +11.09% | #18 |
| 2014 | 37.35% | +12.70% | #24 |
| 2013 | 36.35% | +14.14% | #24 |
| 2012 | 35.13% | +11.98% | #32 |
| 2011 | 36.88% | +12.99% | #26 |
Detected Pattern
Analysis
Philippines matched the Export Boom Cycle pattern in 2012. Historically, 71% of countries showing this pattern (546 out of 768) saw gross savings improve within 24 months. View full analysis →
Frequently Asked Questions
Philippines's gross savings was 19.08% in 2025. Ranked 103rd globally. This represents a 34.8% decrease from the previous year.
Philippines's gross savings peaked at 39.75% in 2010.
The lowest gross savings in Philippines was 17.11% in 1980.
Philippines ranks 103rd globally in gross savings as of 2025.
The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.
Philippines's gross savings is projected to reach 19.08% by 2025 based on IMF projection.
The gross savings of Philippines in 2025 was 19.08%. This ranks 103rd in the world.
Cite this page
@misc{historysaid_philippines_gross-savings,
title = {Philippines Gross Savings},
url = {https://historysaid.com/philippines/gross-savings/},
publisher = {HistorySaid},
year = {2026}
}