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
94th
of 105 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 94th out of 105 countries with data for 2024, putting it in the bottom quarter.

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. 91 Malawi 51.9% compare
  2. 92 Palestine 49.1% compare
  3. 93 Albania 48.7% compare
  4. 95 El Salvador 45.3% compare
  5. 96 Bangladesh 44.9% compare
  6. 97 Honduras 42.9% compare

See the full ranking of 118 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 94th out of 105 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.

Download this data

CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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
118 places, 590 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+)