Share of income saved by households Philippines Q4 2023

Published by
Christy Balita,
Jan 8, 2024
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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Release date

December 2023

Region

Philippines

Survey time period

October 2 to 13, 2023

Number of respondents

5,256 households

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