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Statistical Indicators on Philippine Development  

Chapter on Financial Sector

Goal: To increase savings/GDP to 30% by 2010 through the development of the
financial market to support 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

Chart The growth rate of GVA in finance exhibited a fluctuating trend with a big drop in 2008.

 

Ensure stable macroeconomic environment to reduce long-term risk by managing inflation

Average annual inflation rate

Source: NSO

The average annual inflation rate displayed a decreasing trend from 2005 to 2007, but soared to 9.3 in 2008.

28% Investment to GDP ratio by 2010

Investment to GDP ratio

Source: NSCB

The investment-to-GDP ratio exhibited minimal changes in the last five years and remained far below the target.

30% Savings to GDP ratio by 2010

Savings to GDP ratio

Source: NSCB

Savings-to-GDP ratio slightly increased in 2008, but is still below the target.

       

 

Posted: 28 July 2009.

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