Philippines: Savings, percent of GDP

The latest value from 2025 is 30.11 percent, an increase from 29.13 percent in 2024. In comparison, the world average is 23.38 percent, based on data from 72 countries. Historically, the average for the Philippines from 1981 to 2025 is 29.54 percent. The minimum value, 18.21 percent, was reached in 1985 while the maximum of 39.75 percent was recorded in 2010. See the global rankings for that indicator or use the country comparator to compare trends over time.

The savings in the Philippines and other countries is calculated as the difference between income and consumption, expressed as percent of GDP.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.