Account, income, poorest 40% in Philippines

Philippines: Account, income, poorest 40% was 34.4% in 2024. ▲ Rising

Latest (2024)
34.4%
Change on year
up 1.3%
World rank
93rd
of 103 countries
All-time high
34.4%
in 2024
All-time low
9.9%
in 2011
Years of data
5
2011–2024

Account, income, poorest 40% in Philippines, 2011–2024

1015202530352011201720242011: 9.9 % ages 15+2014: 18 % ages 15+2017: 18 % ages 15+2021: 34 % ages 15+2024: 34.4 % ages 15+

Source: Global Findex database. Measured in % ages 15+.

Analysis

The most recent figure for account, income, poorest 40% in Philippines is 34.4%, measured in 2024. That is the highest value across all 5 years on record.

The figure is up 1.3% on the previous year and up 90.9% over ten years.

Over the whole period, account, income, poorest 40% in Philippines peaked at 34.4% in 2024 and was at its lowest, 9.9%, in 2011.

Philippines ranks 93rd of 103 countries on this measure, in the bottom quarter.

Account, income, poorest 40% in Philippines, year by year

Annual values for Account, income, poorest 40% (% ages 15+) in Philippines, 2011 to 2024.
Year % ages 15+ Change
2011 9.9%
2014 18.0% +82.4%
2017 18.0% -0.1%
2021 34.0% +88.5%
2024 34.4% +1.3%

Averages by decade

DecadeAverage LowestHighest Years
2010s 15.3% 9.9% 18.0% 3
2020s 34.2% 34.0% 34.4% 2

Countries ranked near Philippines

  1. 90 Malawi 38.1% compare
  2. 91 Jordan 35.7% compare
  3. 92 Bangladesh 35.5% compare
  4. 94 Honduras 33.7% compare
  5. 95 Palestine, State of 33.1% compare
  6. 96 Algeria 31.2% compare

See the full ranking of 115 places →

More reference data data for Philippines

All data for Philippines →

Frequently asked questions

What is account, income, poorest 40% in Philippines?
Account, income, poorest 40% in Philippines was 34.4% in 2024, according to Global Findex database.
What is the highest account, income, poorest 40% recorded in Philippines?
The highest recorded value was 34.4% in 2024.
What is the lowest account, income, poorest 40% recorded in Philippines?
The lowest recorded value was 9.9% in 2011.
How does Philippines rank for account, income, poorest 40%?
Philippines ranks 93rd out of 103 countries with data for 2024.
Is account, income, poorest 40% rising or falling in Philippines?
Over the last ten years it is up 90.9%. The long-run trend across the full record is rising.
Where does this Philippines data come from?
The figures come from Global Findex database, published as part of Account, income, poorest 40% (% ages 15+). Statizoid updates them automatically from the source API.

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Account, income, poorest 40% in Philippines. Statizoid, drawing on Global Findex database. Retrieved 25 August 2026, from https://reference.statizoid.com/stat/account-income-poorest-40-percent-percent-ages-15/philippines/

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About this data

Indicator
Account, income, poorest 40% (% ages 15+)
Unit
% ages 15+
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
115 places, 575 data points, 2011–2024
Last refreshed

The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution (see the definition for "financial institution account") or report personally using a mobile money service in the past year (see the definition for "mobile money account"), poorest 40% (% ages 15+)