Statistical Indicators on Philippine Development
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.
Strategy/Target Indicator Accomplishments versus Targets Performance
Target for Savings to GDP ratio is 30% by 2010. GVA in finance, growth rates (at constant price)
Source: NSCB
GVA in finance growth rate decelerated in 2006 but grew faster in 2007
Ensure stable macroeconomic environment to reduce long-term risk by managing inflation Average annual inflation rate
Source: NSO
Average annual inflation rate decreasing in the last two years
28% Investment to GDP ratio by 2010 Investment to GDP ratio
Source: NSCB
Investment to GDP ratio slightly increased in 2007 but still far below the target
30% Savings to GDP ratio by 2010 Savings to GDP ratio
Source: NSCB
Savings to GDP ratio remained constant at around 18% - 19% and still below the target
Data are as of 26 July 2008.