Account, older in Philippines

Philippines: Account, older was 48.2% in 2024. ▲ Rising

Latest (2024)
48.2%
Change on year
down 13.6%
World rank
96th
of 107 countries
All-time high
55.7%
in 2021
All-time low
29.8%
in 2011
Years of data
5
2011–2024

Account, older in Philippines, 2011–2024

02040602011201720242011: 29.8 % age 25+2014: 35.9 % age 25+2017: 38.8 % age 25+2021: 55.7 % age 25+2024: 48.2 % age 25+

Source: Global Findex database. Measured in % age 25+.

Analysis

In 2024, account, older in Philippines stood at 48.2%.

That represents a change of down 13.6% on the previous year and up 34.3% over ten years.

Over the whole period, account, older in Philippines peaked at 55.7% in 2021 and was at its lowest, 29.8%, in 2011.

That places Philippines 96th out of 107 countries with data for 2024, putting it in the bottom quarter.

Account, older in Philippines, year by year

Annual values for Account, older (% age 25+) in Philippines, 2011 to 2024.
Year % age 25+ Change
2011 29.8%
2014 35.9% +20.5%
2017 38.8% +8.3%
2021 55.7% +43.6%
2024 48.2% -13.6%

Philippines compared with similar countries

  • Philippines's 48.2% is below the median for upper middle income countries, which is 72.0%, 67% of the median. (37 countries reporting)
  • Philippines's 48.2% is below the median for East Asia & Pacific, which is 96.7%, 50% of the median. (13 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 34.8% 29.8% 38.8% 3
2020s 52.0% 48.2% 55.7% 2

Countries ranked near Philippines

  1. 93 Malawi 51.9% compare
  2. 94 Palestine 49.1% compare
  3. 95 Albania 48.7% compare
  4. 97 El Salvador 45.3% compare
  5. 98 Bangladesh 44.9% compare
  6. 99 Honduras 42.9% compare

See the full ranking of 119 places →

More reference data data for Philippines

All data for Philippines →

Frequently asked questions

What is account, older in Philippines?
Account, older in Philippines was 48.2% in 2024, according to Global Findex database.
What is the highest account, older recorded in Philippines?
The highest recorded value was 55.7% in 2021.
What is the lowest account, older recorded in Philippines?
The lowest recorded value was 29.8% in 2011.
How does Philippines rank for account, older?
Philippines ranks 96th out of 107 countries with data for 2024.
Is account, older rising or falling in Philippines?
Over the last ten years it is up 34.3%. 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, older (% age 25+). Statizoid updates them automatically from the source API.

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Account, older in Philippines. Statizoid, drawing on Global Findex database. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/account-older-percent-age-25/philippines/

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About this data

Indicator
Account, older (% age 25+)
Unit
% age 25+
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
119 places, 595 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"), older (% age 25+)