Account, income, richest 60% in Philippines

Philippines: Account, income, richest 60% was 60.7% in 2024. ▲ Rising

Latest (2024)
60.7%
Change on year
down 3.4%
World rank
86th
of 103 countries
All-time high
62.8%
in 2021
All-time low
37.7%
in 2011
Years of data
5
2011–2024

Account, income, richest 60% in Philippines, 2011–2024

02040602011201720242011: 37.7 % ages 15+2014: 40.1 % ages 15+2017: 45.4 % ages 15+2021: 62.8 % ages 15+2024: 60.7 % ages 15+

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

Analysis

Philippines recorded 60.7% for account, income, richest 60% in 2024.

Compared with earlier readings it is down 3.4% on the previous year and up 51.3% over ten years.

Over the whole period, account, income, richest 60% in Philippines peaked at 62.8% in 2021 and was at its lowest, 37.7%, in 2011.

That places Philippines 86th out of 103 countries with data for 2024, putting it in the bottom quarter.

Account, income, richest 60% in Philippines, year by year

Annual values for Account, income, richest 60% (% ages 15+) in Philippines, 2011 to 2024.
Year % ages 15+ Change
2011 37.7%
2014 40.1% +6.5%
2017 45.4% +13.1%
2021 62.8% +38.4%
2024 60.7% -3.4%

Averages by decade

DecadeAverage LowestHighest Years
2010s 41.0% 37.7% 45.4% 3
2020s 61.7% 60.7% 62.8% 2

Countries ranked near Philippines

  1. 84 Mexico 62.0% compare
  2. 85 Indonesia 61.6% compare
  3. 87 Burkina Faso 60.0% compare
  4. 88 Benin 58.7% compare
  5. 89 Malawi 58.6% 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, richest 60% in Philippines?
Account, income, richest 60% in Philippines was 60.7% in 2024, according to Global Findex database.
What is the highest account, income, richest 60% recorded in Philippines?
The highest recorded value was 62.8% in 2021.
What is the lowest account, income, richest 60% recorded in Philippines?
The lowest recorded value was 37.7% in 2011.
How does Philippines rank for account, income, richest 60%?
Philippines ranks 86th out of 103 countries with data for 2024.
Is account, income, richest 60% rising or falling in Philippines?
Over the last ten years it is up 51.3%. 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, richest 60% (% ages 15+). Statizoid updates them automatically from the source API.

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Account, income, richest 60% in Philippines. Statizoid, drawing on Global Findex database. Retrieved 23 August 2026, from https://reference.statizoid.com/stat/account-income-richest-60-percent-percent-ages-15/philippines/

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About this data

Indicator
Account, income, richest 60% (% 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"), richest 60% (% ages 15+)