Papua New Guinea vs Philippines: Savings Rate, Percent per annum
Papua New Guinea
1.05
in 2024
Philippines
1.23
in 2019
Papua New Guinea rank
43rd
Philippines rank
42nd
Savings Rate, Percent per annum over time
- Papua New Guinea
- Philippines
How they compare
Philippines currently reports 1.23 against 1.05 in Papua New Guinea, a difference of 0.18.
That makes Philippines's figure about 1.2 times Papua New Guinea's.
The two have swapped places 2 times across 25 shared years of data; in 1995 it was Philippines ahead.
Papua New Guinea ranks 43rd and Philippines ranks 42nd of 63 countries.
Philippines has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Papua New Guinea | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.98 | 8.71 | 4.73 | Philippines |
| 2000s | 2.02 | 4.15 | 2.13 | Philippines |
| 2010s | 0.8458 | 1.03 | 0.1814 | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher savings rate, percent per annum, Papua New Guinea or Philippines?
- Philippines, at 1.23 against 1.05 in Papua New Guinea as of 2019.
- What is the difference in savings rate, percent per annum between Papua New Guinea and Philippines?
- 0.18, with Philippines ahead.
- How many years of comparable data are there for Papua New Guinea and Philippines?
- 25 years are reported by both, from 1995 to 2019.
- How do Papua New Guinea and Philippines rank globally for savings rate, percent per annum?
- Papua New Guinea ranks 43rd and Philippines ranks 42nd of 63 countries.
- Where does this data come from?
- International Monetary Fund, published as Savings Rate, Percent per annum. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.