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Philippines - Gross Savings 2017

Name: Philippines Gross Savings 2017
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Gross savings as % of GDP · World Bank

35.49% +11.25% from 2016 Global rank: 17th

Philippines's gross savings was 35.49% in 2017, increased +11.25% from 35.05% in 2016. This was the 17th highest globally.

Global Ranking - 2017▾

Gross Savings by Country - 2017
Rank	Country	Value	YoY
1st	Kiribati	57.08%	48.1%
2nd	Brunei Darussalam	55.34%	-1.9%
3rd	Macao SAR, China	50.05%	4.2%
4th	Qatar	46.60%	7.5%
5th	Singapore	46.53%	4.8%
6th	South Sudan	45.31%	248.8%
7th	China	44.32%	1.1%
8th	Zambia	43.29%	23.9%
9th	Nepal	41.88%	24.3%
10th	Bermuda	40.48%	3.0%
11th	Iran, Islamic Republic of	40.24%	6.6%
12th	Algeria	39.51%	-0.1%
13th	Congo, Republic of	39.46%	51.7%
14th	Sri Lanka	37.29%	8.2%
15th	Korea	36.45%	0.2%
16th	Kuwait	35.49%	40.1%
17th	Philippines	35.49%	46.4%
18th	Bangladesh	35.29%	9.9%
19th	Ireland	34.88%	1.4%
20th	San Marino	34.68%	-
21st	Panama	34.26%	4.6%
22nd	Norway	33.86%	2.8%
23rd	Eritrea	33.41%	64.1%
24th	Malta	33.32%	55.8%
25th	Bhutan	32.91%	20.1%
26th	Suriname	32.86%	18.4%
27th	Switzerland	32.37%	-1.3%
28th	Iraq	32.10%	87.1%
29th	Thailand	31.94%	1.0%
30th	Samoa	31.92%	-6.4%
31st	North Macedonia	31.89%	6.7%
32nd	India	31.71%	7.3%
33rd	Indonesia	30.88%	-3.6%
34th	Botswana	30.80%	-0.1%
35th	Tanzania	30.61%	7.6%
36th	United Arab Emirates	30.61%	10.7%
37th	Tajikistan	30.51%	86.5%
38th	Mauritania	30.37%	1.9%
39th	Bahrain	29.65%	3.7%
40th	Japan	29.29%	1.7%
41st	Kosovo	29.28%	14.6%
42nd	Denmark	29.28%	1.8%
43rd	Gabon	29.24%	-4.7%
44th	Azerbaijan	29.03%	31.5%
45th	Viet Nam	28.86%	-9.7%
46th	Türkiye	28.79%	5.3%
47th	Germany	28.66%	0.1%
48th	Morocco	28.59%	2.1%
49th	Angola	28.51%	11.7%
50th	Malaysia	28.34%	-0.2%
51st	Netherlands	28.27%	4.9%
52nd	Estonia	28.27%	10.1%
53rd	Belarus	28.02%	21.3%
54th	Myanmar	27.73%	-6.0%
55th	Trinidad and Tobago	27.40%	1.1%
56th	Chad	27.21%	11.3%
57th	Saudi Arabia	27.11%	10.3%
58th	Slovenia	27.09%	12.9%
59th	Sweden	26.79%	1.5%
60th	Kyrgyz Republic	26.67%	33.4%
61st	Hong Kong SAR, China	26.65%	4.7%
62nd	Uzbekistan	26.56%	9.1%
63rd	Austria	26.40%	-2.3%
64th	Israel	26.38%	0.6%
65th	Afghanistan	26.06%	-8.0%
66th	Kazakhstan	25.93%	14.0%
67th	Czechia	25.73%	-4.1%
68th	Russian Federation	25.67%	2.7%
69th	Cabo Verde	25.59%	-8.8%
70th	Iceland	25.35%	-14.7%
71st	Cambodia	25.08%	6.6%
72nd	Bulgaria	25.02%	13.8%
73rd	Hungary	24.88%	-5.8%
74th	Croatia	24.42%	11.0%
75th	European Union	24.33%	1.5%
76th	Congo, Democratic Republic of	24.27%	191.8%
77th	Latvia	24.21%	2.9%
78th	Eswatini	23.99%	-7.1%
79th	Belgium	23.95%	-3.2%
80th	Paraguay	23.94%	-1.9%
81st	Uganda	23.60%	4.4%
82nd	Finland	23.51%	9.0%
83rd	Honduras	23.15%	14.4%
84th	Vanuatu	22.55%	-17.9%
85th	Senegal	22.54%	6.5%
86th	Nicaragua	22.42%	-1.3%
87th	Spain	22.36%	0.7%
88th	Ecuador	22.08%	4.3%
89th	Slovak Republic	21.79%	-5.7%
90th	Luxembourg	21.67%	-14.5%
91st	France	21.62%	2.6%
92nd	Australia	21.58%	3.9%
93rd	Maldives	21.50%	31.9%
94th	Jamaica	21.49%	2.0%
95th	Lithuania	21.49%	7.7%
96th	Libya	21.40%	1,065.3%
97th	Dominican Republic	21.21%	0.5%
98th	Equatorial Guinea	21.06%	622.5%
99th	Romania	20.81%	-3.6%
100th	New Zealand	20.70%	-1.2%
101st	Tonga	20.68%	40.5%
102nd	Peru	20.62%	0.4%
103rd	Mexico	20.62%	-6.6%
104th	Italy	20.61%	2.2%
105th	Oman	20.57%	5.4%
106th	Niger	20.44%	19.7%
107th	Timor-Leste	20.43%	-3.4%
108th	Albania	20.37%	21.3%
109th	Canada	19.85%	0.9%
110th	Chile	19.84%	-6.1%
111th	St. Kitts and Nevis	19.75%	10.2%
112th	St. Lucia	19.65%	39.2%
113th	Guinea-Bissau	19.40%	-0.5%
114th	Mali	19.26%	15.2%
115th	Côte d'Ivoire	19.24%	-14.2%
116th	United States	19.11%	3.5%
117th	Poland	18.74%	-1.4%
118th	Gambia, The	18.68%	458.0%
119th	Bolivia, Plurinational State of	18.48%	19.9%
120th	Portugal	18.40%	10.1%
121st	Mauritius	18.28%	-8.7%
122nd	Benin	18.25%	5.7%
123rd	Antigua and Barbuda	18.24%	56.7%
124th	Belize	18.21%	17.5%
125th	Dominica	18.02%	53.0%
126th	Mongolia	17.36%	6.1%
127th	Georgia	17.22%	3.2%
128th	Armenia	17.18%	0.7%
129th	Colombia	17.10%	-8.6%
130th	Bahamas, The	16.94%	21.2%
131st	Ukraine	16.86%	-16.6%
132nd	Djibouti	16.84%	-19.6%
133rd	Cameroon	16.29%	-1.0%
134th	Moldova	16.24%	-11.6%
135th	Uruguay	16.07%	-11.8%
136th	Ghana	15.86%	-23.6%
137th	Haiti	15.79%	3.6%
138th	United Kingdom	15.75%	26.9%
139th	Serbia	15.70%	2.3%
140th	Togo	15.58%	20.1%
141st	Cyprus	15.37%	17.3%
142nd	Madagascar	15.12%	-10.2%
143rd	Solomon Islands	15.12%	20.8%
144th	El Salvador	15.03%	9.8%
145th	Guatemala	14.78%	-0.3%
146th	Burkina Faso	14.77%	0.4%
147th	Jordan	14.50%	5.4%
148th	West Bank and Gaza	14.37%	25.2%
149th	Rwanda	14.36%	31.3%
150th	Costa Rica	14.24%	-15.0%
151st	South Africa	14.24%	-0.3%
152nd	Sierra Leone	14.10%	91.0%
153rd	Egypt, Arab Republic of	14.07%	19.2%
154th	São Tomé and Principe	14.03%	-42.6%
155th	Bosnia and Herzegovina	13.73%	-19.4%
156th	Nigeria	13.67%	13.8%
157th	Brazil	13.58%	2.3%
158th	Aruba	13.58%	-37.2%
159th	Kenya	13.28%	-12.8%
160th	Namibia	13.12%	128.1%
161st	Argentina	13.07%	-12.6%
162nd	Pakistan	12.90%	-10.1%
163rd	Montenegro	12.40%	43.3%
164th	St. Vincent and the Grenadines	12.20%	5.1%
165th	Guinea	11.42%	300.4%
166th	Comoros	11.38%	29.7%
167th	Tunisia	10.96%	1.8%
168th	Burundi	10.91%	62.2%
169th	Barbados	10.69%	-2.8%
170th	Mozambique	10.49%	-27.2%
171st	Marshall Islands	10.06%	-57.9%
172nd	Grenada	9.48%	-15.5%
173rd	Sudan	9.42%	525.4%
174th	Greece	9.05%	-10.3%
175th	Zimbabwe	8.42%	787.9%
176th	Guyana	8.20%	-36.2%
177th	Curaçao	8.16%	-33.5%
178th	Lesotho	7.41%	-56.3%
179th	Seychelles	7.24%	-73.1%
180th	Palau	6.51%	-30.6%
181st	Central African Republic	5.88%	-30.1%
182nd	Malawi	3.87%	166.4%
183rd	Yemen, Republic of	0.59%	114.8%
184th	Lebanon	-0.93%	-135.1%

FAQ

What was Philippines's gross savings in 2017?▾

Philippines's gross savings in 2017 was 35.49%. This ranked 17th globally.

How did Philippines's gross savings change in 2017?▾

Philippines's gross savings increased by 46.4% in 2017 compared to 2016.

Which country had the highest gross savings in 2017?▾

Kiribati had the highest gross savings in 2017 at 57.08%.

What is the gross savings of Philippines in 2017?▾

The gross savings of Philippines in 2017 was 35.49%. This ranked 17th globally.

How does 2017 compare to 2016 for Philippines's gross savings?▾

Philippines's gross savings went from 35.05% in 2016 to 35.49% in 2017, a 46.4% increase.

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