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Statistical Indicators on Philippine Development 2006
Chapter on Financial Sector 
Goal: To increase Savings/GDP to 30% by 2010 through the development
of financial market to an increase in investment ratio to 28% of GDP.
The financial sector has grown in the last three years as evidenced by the growth in its gross value added. However, there are still improvements to be done for the sector.
Strategy/Target Indicator Accomplishments versus Targets Performance
Target for Savings to GDP ratio is 30% by 2010. Savings to GDP Ratio
Source: NSCB
Savings to GDP ratios from 2004-2006 constantly pegged at the 18 percent mark, still a long way towards target ratio.
Target for Investment to GDP ratio is 28% by 2010. Investment to GDP Ratio
Source: NSCB
Investment ratios posted decelerated growths from 2004 to 2006, moving away from the target
Target for Inflation Rate is 4.5% for 2004-2006. Inflation Rate
Source: NSO
Inflation rate still short by 1.7 percent of the target by the end of the period
Target for GVA of Finance is 6.9 to 7.4 (or an average of 7.2) percent in 2004, 6.7% in 2005 and 6.5% to 7.5% in 2006. GVA of Finance, growth rates (at constant price) Source: NSCB Unprecented growths recorded in financial services because of the continued acceleration in 2005, with the actual values surpassing the targets
Data are as of July 2007.
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