Adjusted savings: net national savings in Philippines

Philippines: Adjusted savings: net national savings was 38.35 billion current US$ in 2021. ◆ Volatile

Latest (2021)
38.35 billion current US$
Change on year
down 27.6%
World rank
36th
of 176 countries
All-time high
86.91 billion current US$
in 2017
All-time low
2.90 billion current US$
in 1985
Years of data
41
1981–2021

Adjusted savings: net national savings in Philippines, 1981–2021

020.0B40.0B60.0B80.0B1981200120211981: 9.5B current US$1982: 8.8B current US$1983: 8.6B current US$1984: 5.2B current US$1985: 2.9B current US$1986: 2.9B current US$1987: 4.7B current US$1988: 6.1B current US$1989: 7.0B current US$1990: 7.5B current US$1991: 6.8B current US$1992: 7.6B current US$1993: 7.1B current US$1994: 9.9B current US$1995: 10.9B current US$1996: 12.9B current US$1997: 14.4B current US$1998: 15.4B current US$1999: 23.5B current US$2000: 21.1B current US$2001: 20.5B current US$2002: 22.4B current US$2003: 23.3B current US$2004: 23.5B current US$2005: 28.1B current US$2006: 32.8B current US$2007: 39.4B current US$2008: 44.9B current US$2009: 47.4B current US$2010: 59.9B current US$2011: 62.0B current US$2012: 65.9B current US$2013: 74.8B current US$2014: 81.5B current US$2015: 80.3B current US$2016: 82.4B current US$2017: 86.9B current US$2018: 85.5B current US$2019: 82.5B current US$2020: 53.0B current US$2021: 38.4B current US$

Source: Staff estimates, World Bank (WB). Measured in current US$.

Analysis

Philippines recorded 38.35 billion current US$ for adjusted savings: net national savings in 2021.

Compared with earlier readings it is down 27.6% on the previous year and down 38.2% over ten years.

Over the whole period, adjusted savings: net national savings in Philippines peaked at 86.91 billion current US$ in 2017 and was at its lowest, 2.90 billion current US$, in 1985.

That places Philippines 36th out of 176 countries with data for 2021, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 6.19 billion current US$ 2.90 billion current US$ 9.47 billion current US$ 9
1990s 11.60 billion current US$ 6.79 billion current US$ 23.49 billion current US$ 10
2000s 30.33 billion current US$ 20.46 billion current US$ 47.42 billion current US$ 10
2010s 76.17 billion current US$ 59.91 billion current US$ 86.91 billion current US$ 10
2020s 45.66 billion current US$ 38.35 billion current US$ 52.98 billion current US$ 2

Countries ranked near Philippines

  1. 33 Iraq 41.99 billion current US$ compare
  2. 34 Austria 41.30 billion current US$ compare
  3. 35 Belgium 41.28 billion current US$ compare
  4. 37 Hong Kong 36.15 billion current US$ compare
  5. 38 Pakistan 34.76 billion current US$ compare
  6. 39 Kuwait 32.13 billion current US$ compare

See the full ranking of 176 places →

More economy & growth data for Philippines

All data for Philippines →

Frequently asked questions

What is adjusted savings: net national savings in Philippines?
Adjusted savings: net national savings in Philippines was 38.35 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
What is the highest adjusted savings: net national savings recorded in Philippines?
The highest recorded value was 86.91 billion current US$ in 2017.
What is the lowest adjusted savings: net national savings recorded in Philippines?
The lowest recorded value was 2.90 billion current US$ in 1985.
How does Philippines rank for adjusted savings: net national savings?
Philippines ranks 36th out of 176 countries with data for 2021.
Is adjusted savings: net national savings rising or falling in Philippines?
Over the last ten years it is down 38.2%. The long-run trend across the full record is volatile.
Where does this Philippines data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Adjusted savings: net national savings (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
176 places, 5,846 data points, 1970–2021
Last refreshed

Net national savings are equal to gross national savings less the value of consumption of fixed capital. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.