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Philippines - Gross Savings 1997

Name: Philippines Gross Savings 1997
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Gross savings as % of GDP · World Bank

23.91% +4.81% from 1996 Global rank: 55th

Philippines's gross savings was 23.91% in 1997, increased +4.81% from 22.41% in 1996. This was the 55th highest globally.

Global Ranking - 1997▾

Gross Savings by Country - 1997
Rank	Country	Value	YoY
1st	Angola	54.00%	-33.8%
2nd	Singapore	52.30%	5.3%
3rd	Congo, Democratic Republic of	50.84%	850.9%
4th	Equatorial Guinea	45.82%	584.6%
5th	Bhutan	45.43%	-22.1%
6th	Guinea	43.66%	390.1%
7th	Kuwait	42.62%	13.1%
8th	Gabon	41.45%	24.1%
9th	China	39.55%	-2.8%
10th	Tanzania	38.71%	185.4%
11th	Qatar	38.23%	47.4%
12th	Botswana	37.49%	-2.0%
13th	Mongolia	37.16%	73.3%
14th	Malaysia	37.02%	-2.3%
15th	United Arab Emirates	36.38%	14.3%
16th	Iran, Islamic Republic of	36.14%	-8.9%
17th	Korea	35.98%	-4.5%
18th	Eswatini	35.69%	16.5%
19th	Eritrea	35.10%	-0.5%
20th	Switzerland	33.39%	1.4%
21st	Japan	33.21%	-0.6%
22nd	Luxembourg	32.33%	1.5%
23rd	Thailand	32.25%	-7.0%
24th	Cabo Verde	31.56%	-2.8%
25th	Norway	31.20%	6.3%
26th	Oman	30.58%	82.7%
27th	Hong Kong SAR, China	29.45%	-6.5%
28th	Indonesia	29.03%	26.3%
29th	Bahamas, The	28.82%	196.0%
30th	Mauritius	28.10%	92.3%
31st	Algeria	28.05%	9.8%
32nd	Netherlands	27.89%	3.3%
33rd	Türkiye	27.71%	35.6%
34th	Panama	27.69%	37.6%
35th	Czechia	27.67%	-7.0%
36th	India	27.55%	12.5%
37th	Honduras	27.42%	17.9%
38th	Finland	26.40%	11.3%
39th	Belgium	26.21%	3.8%
40th	Jordan	26.13%	-20.7%
41st	Slovak Republic	26.00%	9.6%
42nd	Croatia	25.58%	27.5%
43rd	Slovenia	25.53%	7.9%
44th	Chile	25.08%	-1.0%
45th	Yemen, Republic of	24.95%	4.2%
46th	Morocco	24.76%	21.9%
47th	Namibia	24.75%	4.9%
48th	Israel	24.48%	1.8%
49th	Saudi Arabia	24.48%	28.8%
50th	Ireland	24.41%	7.2%
51st	Bangladesh	24.40%	6.6%
52nd	Aruba	24.31%	-7.9%
53rd	Uganda	24.23%	100.2%
54th	Trinidad and Tobago	24.22%	13.6%
55th	Philippines	23.91%	25.2%
56th	Austria	23.83%	0.8%
57th	Denmark	23.80%	18.9%
58th	Haiti	23.18%	198.6%
59th	Germany	23.07%	0.4%
60th	European Union	23.04%	2.2%
61st	Belarus	23.03%	15.4%
62nd	Italy	22.93%	2.6%
63rd	Sweden	22.79%	-2.8%
64th	France	22.76%	11.4%
65th	Maldives	22.75%	-14.7%
66th	Jamaica	22.30%	-8.7%
67th	Malta	22.26%	-12.1%
68th	Sri Lanka	22.20%	-10.5%
69th	Spain	22.07%	6.0%
70th	Greece	22.07%	21.8%
71st	Russian Federation	21.95%	2.5%
72nd	Mexico	21.83%	13.9%
73rd	Viet Nam	21.80%	38.9%
74th	Australia	21.78%	1.7%
75th	Hungary	21.73%	0.7%
76th	Lesotho	21.73%	-10.2%
77th	Seychelles	21.69%	-26.3%
78th	Tunisia	21.67%	1.6%
79th	Portugal	21.63%	10.5%
80th	Bulgaria	21.35%	158.3%
81st	Togo	21.28%	155.1%
82nd	Dominican Republic	21.09%	11.7%
83rd	Poland	20.90%	11.8%
84th	United States	20.85%	6.5%
85th	Canada	20.20%	4.4%
86th	Nepal	19.11%	7.2%
87th	Estonia	19.05%	-3.8%
88th	Belize	19.00%	-6.7%
89th	Ukraine	18.79%	-2.9%
90th	New Zealand	18.68%	1.9%
91st	Suriname	18.38%	-7.5%
92nd	Peru	18.26%	41.5%
93rd	Egypt, Arab Republic of	17.74%	6.6%
94th	Guyana	17.61%	45.7%
95th	Cameroon	17.56%	5.3%
96th	Cyprus	17.54%	-16.4%
97th	Paraguay	17.46%	-18.5%
98th	Iceland	17.20%	-6.4%
99th	Ecuador	16.92%	2.3%
100th	Libya	16.73%	-27.3%
101st	Argentina	16.66%	10.7%
102nd	United Kingdom	16.56%	-10.7%
103rd	Kenya	16.27%	84.1%
104th	Mozambique	16.20%	39.7%
105th	Benin	16.19%	64.0%
106th	Kazakhstan	16.06%	27.7%
107th	Pakistan	16.04%	43.5%
108th	Costa Rica	15.73%	2.2%
109th	Vanuatu	15.40%	173.9%
110th	El Salvador	15.29%	5.5%
111th	Romania	15.21%	-16.8%
112th	Barbados	15.21%	-8.4%
113th	Bahrain	14.92%	-42.0%
114th	South Africa	14.87%	-4.4%
115th	Papua New Guinea	14.83%	-43.4%
116th	Lithuania	14.70%	19.0%
117th	Latvia	14.03%	28.3%
118th	Kyrgyz Republic	13.95%	704.3%
119th	Azerbaijan	13.82%	3,041.1%
120th	Brazil	13.71%	-5.2%
121st	Nigeria	13.62%	-3.4%
122nd	Uruguay	13.56%	15.9%
123rd	Colombia	13.50%	-17.3%
124th	Bolivia, Plurinational State of	12.58%	7.3%
125th	Uzbekistan	11.91%	-39.2%
126th	Syrian Arab Republic	11.69%	-50.0%
127th	Niger	11.54%	12.5%
128th	Mauritania	10.82%	18.0%
129th	Senegal	10.76%	444.6%
130th	Ghana	10.41%	-45.3%
131st	Guatemala	10.11%	-10.8%
132nd	Burkina Faso	10.10%	7.1%
133rd	Congo, Republic of	9.27%	-9.4%
134th	Côte d'Ivoire	9.04%	30.2%
135th	Albania	8.84%	-45.0%
136th	Comoros	8.80%	1.6%
137th	Moldova	8.71%	-32.6%
138th	Cambodia	8.54%	11.3%
139th	Madagascar	7.68%	19.4%
140th	Gambia, The	7.54%	39.6%
141st	Nicaragua	7.54%	9.0%
142nd	Sudan	7.11%	-72.7%
143rd	Zambia	6.83%	-31.8%
144th	Chad	6.56%	-20.7%
145th	North Macedonia	6.05%	-54.3%
146th	Burundi	6.04%	122.4%
147th	Djibouti	5.85%	-14.1%
148th	West Bank and Gaza	5.71%	-6.7%
149th	Serbia	5.35%	-
150th	Rwanda	5.00%	-28.7%
151st	Central African Republic	4.80%	88.1%
152nd	Armenia	3.91%	35.2%
153rd	Tajikistan	2.13%	49.6%
154th	Malawi	0.10%	-94.8%
155th	Mali	-1.65%	-107.8%
156th	Guinea-Bissau	-2.12%	-159.0%
157th	Georgia	-2.97%	95.0%
158th	Lebanon	-3.38%	-116.7%
159th	Sierra Leone	-3.39%	-1,051.4%
160th	Solomon Islands	-7.48%	-10.3%

FAQ

What was Philippines's gross savings in 1997?▾

Philippines's gross savings in 1997 was 23.91%. This ranked 55th globally.

How did Philippines's gross savings change in 1997?▾

Philippines's gross savings increased by 25.2% in 1997 compared to 1996.

Which country had the highest gross savings in 1997?▾

Angola had the highest gross savings in 1997 at 54.00%.

What is the gross savings of Philippines in 1997?▾

The gross savings of Philippines in 1997 was 23.91%. This ranked 55th globally.

How does 1997 compare to 1996 for Philippines's gross savings?▾

Philippines's gross savings went from 22.41% in 1996 to 23.91% in 1997, a 25.2% increase.

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