According to a survey on consumer expectations in the fourth quarter of 2023, about 44 percent of households with savings in the Philippines came from the high-income groups or those earning 30 thousand Philippine pesos and above. In contrast, about 15 percent of households earning less than 10 thousand Philippine pesos stated they had savings.
Share of households with savings in the Philippines during 4th quarter 2023, by income groups
(in Philippine pesos)
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BSP. (December 13, 2023). Share of households with savings in the Philippines during 4th quarter 2023, by income groups (in Philippine pesos) [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1266057/philippines-households-with-savings-by-income-groups/
BSP. "Share of households with savings in the Philippines during 4th quarter 2023, by income groups (in Philippine pesos)." Chart. December 13, 2023. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1266057/philippines-households-with-savings-by-income-groups/
BSP. (2023). Share of households with savings in the Philippines during 4th quarter 2023, by income groups (in Philippine pesos). Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1266057/philippines-households-with-savings-by-income-groups/
BSP. "Share of Households with Savings in The Philippines during 4th Quarter 2023, by Income Groups (in Philippine Pesos)." Statista, Statista Inc., 13 Dec 2023, https://www.statista.com/statistics/1266057/philippines-households-with-savings-by-income-groups/
BSP, Share of households with savings in the Philippines during 4th quarter 2023, by income groups (in Philippine pesos) Statista, https://www.statista.com/statistics/1266057/philippines-households-with-savings-by-income-groups/ (last visited November 18, 2024)
Share of households with savings in the Philippines during 4th quarter 2023, by income groups (in Philippine pesos) [Graph], BSP, December 13, 2023. [Online]. Available: https://www.statista.com/statistics/1266057/philippines-households-with-savings-by-income-groups/
