Gross savings in the Philippines 2009-2023

Published by
Christy Balita,
Jun 4, 2025
The gross savings in the Philippines increased by 28.6 billion U.S. dollars (+31.47 percent) in 2023 in comparison to the previous year. The year therefore marks a significant change in the gross savings compared to the previous year.
Gross savings are calculated by subtracting the total consumption value from gross national income plus net transfers. Data are in current U.S. dollars.

Find more statistics on other topics about the Philippines with key insights such as gross capital formation, charges for the use of intellectual property, and personal remittances received as share of the gross domestic product.
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Gross savings in the Philippines from 2009 to 2023 (in billion U.S. dollars)

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Source

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Release date

March 2025

Region

Philippines

Survey time period

2009 to 2023

Special properties

Data are in current U.S. dollars

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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