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)
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
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
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
Savings-to-GDP ratio slightly increased in 2008, but is still below the target.
Posted: 28 July 2009.