Gross savings climb by 16.7% in 2024 – PSA

The country’s total gross savings in 2024 climbed by 16.7% from a year earlier, the Philippine Statistics Authority reported on Thursday. At current prices, gross national savings, the difference between gross national disposable income and the combined household and government spending, totaled P7.70 trillion, up from the P6.60 trillion in 2023. This accounts for 26% […]

Gross savings climb by 16.7% in 2024 – PSA
The country’s total gross savings in 2024 climbed by 16.7% from a year earlier, the Philippine Statistics Authority reported on Thursday. At current prices, gross national savings, the difference between gross national disposable income and the combined household and government spending, totaled P7.70 trillion, up from the P6.60 trillion in 2023. This accounts for 26% […]