Share of adults with an account at a financial institution in Philippines
Philippines: Share of adults with an account at a financial institution was 50.2% in 2024. ▲ Rising
Share of adults with an account at a financial institution in Philippines, 2011–2024
Source: Global Findex Database - World Bank (2026) – processed by Our World in Data. Measured in % age 15+.
Analysis
The most recent figure for share of adults with an account at a financial institution in Philippines is 50.2%, measured in 2024.
Compared with earlier readings it is down 2.3% on the previous year and up 60.4% over ten years.
Over the whole period, share of adults with an account at a financial institution in Philippines peaked at 51.4% in 2021 and was at its lowest, 26.6%, in 2011.
Philippines ranks 93rd of 115 countries on this measure, in the bottom quarter.
Share of adults with an account at a financial institution in Philippines, year by year
| Year | % age 15+ | Change |
|---|---|---|
| 2011 | 26.6% | — |
| 2014 | 31.3% | +17.8% |
| 2017 | 34.5% | +10.3% |
| 2021 | 51.4% | +48.9% |
| 2024 | 50.2% | -2.3% |
Philippines compared with similar countries
- Philippines's 50.2% is below the median for upper middle income countries, which is 71.0%, 71% of the median. (36 countries reporting)
- Philippines's 50.2% is below the median for East Asia & Pacific, which is 94.4%, 53% of the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 30.8% | 26.6% | 34.5% | 3 |
| 2020s | 50.8% | 50.2% | 51.4% | 2 |
Countries ranked near Philippines
More reference data data for Philippines
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 2.21 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 2.95 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 12.86 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.43 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 12.86 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 7.4 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 10.7 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 15.23 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 67.05 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 7.76 (2050)
Frequently asked questions
- What is share of adults with an account at a financial institution in Philippines?
- Share of adults with an account at a financial institution in Philippines was 50.2% in 2024, according to Global Findex Database - World Bank (2026) – processed by Our World in Data.
- What is the highest share of adults with an account at a financial institution recorded in Philippines?
- The highest recorded value was 51.4% in 2021.
- What is the lowest share of adults with an account at a financial institution recorded in Philippines?
- The lowest recorded value was 26.6% in 2011.
- How does Philippines rank for share of adults with an account at a financial institution?
- Philippines ranks 93rd out of 115 countries with data for 2024.
- Is share of adults with an account at a financial institution rising or falling in Philippines?
- Over the last ten years it is up 60.4%. The long-run trend across the full record is rising.
- Where does this Philippines data come from?
- The figures come from Global Findex Database - World Bank (2026) – processed by Our World in Data, published as part of Share of adults with an account at a financial institution. Statizoid updates them automatically from the source API.
Download this data
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About this data
The share of respondents aged 15 and older, who report having an account (by themselves or with someone else) at a bank or another type of financial institution.