According to a survey on consumer expectations in the fourth quarter of 2023, 35.9 percent of households in the Philippines stated they would allocate between five to nine of their income for savings. In comparison, three percent of households said they allocated between 20 to 24 percent of their income for savings.
Share of income allocated to savings in the Philippines during 4th quarter 2023
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BSP. (December 13, 2023). Share of income allocated to savings in the Philippines during 4th quarter 2023 [Graph]. In Statista. Retrieved April 18, 2024, from https://www.statista.com/statistics/1266660/philippines-income-saved-by-households/
BSP. "Share of income allocated to savings in the Philippines during 4th quarter 2023." Chart. December 13, 2023. Statista. Accessed April 18, 2024. https://www.statista.com/statistics/1266660/philippines-income-saved-by-households/
BSP. (2023). Share of income allocated to savings in the Philippines during 4th quarter 2023. Statista. Statista Inc.. Accessed: April 18, 2024. https://www.statista.com/statistics/1266660/philippines-income-saved-by-households/
BSP. "Share of Income Allocated to Savings in The Philippines during 4th Quarter 2023." Statista, Statista Inc., 13 Dec 2023, https://www.statista.com/statistics/1266660/philippines-income-saved-by-households/
BSP, Share of income allocated to savings in the Philippines during 4th quarter 2023 Statista, https://www.statista.com/statistics/1266660/philippines-income-saved-by-households/ (last visited April 18, 2024)
Share of income allocated to savings in the Philippines during 4th quarter 2023 [Graph], BSP, December 13, 2023. [Online]. Available: https://www.statista.com/statistics/1266660/philippines-income-saved-by-households/