Madagascar vs Philippines: Gross savings
Gross savings over time
- Madagascar
- Philippines
How they compare
Madagascar currently reports 13.95 trillion current LCU against 8.43 trillion current LCU in Philippines, a difference of 5.52 trillion current LCU.
That makes Madagascar's figure about 1.7 times Philippines's.
The two have swapped places 7 times across 44 shared years of data; in 1981 it was Philippines ahead.
Globally, Madagascar ranks 28th and Philippines ranks 31st of 177 countries.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.