Bank or similar financial institution account in Philippines
Philippines: Bank or similar financial institution account was 33.5% in 2024. ▲ Rising
Bank or similar financial institution account in Philippines, 2011–2024
Source: Global Findex Database. Measured in % age 15+.
Analysis
In 2024, bank or similar financial institution account in Philippines stood at 33.5%.
The figure is down 27.1% on the previous year and up 19.5% over ten years.
Over the whole period, bank or similar financial institution account in Philippines peaked at 46.0% in 2021 and was at its lowest, 26.6%, in 2011.
That places Philippines 91st out of 115 countries with data for 2024, putting it in the bottom quarter.
Bank or similar financial institution account in Philippines, year by year
| Year | % age 15+ | Change |
|---|---|---|
| 2011 | 26.6% | — |
| 2014 | 28.1% | +5.7% |
| 2017 | 31.8% | +13.3% |
| 2021 | 46.0% | +44.6% |
| 2024 | 33.5% | -27.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 28.8% | 26.6% | 31.8% | 3 |
| 2020s | 39.8% | 33.5% | 46.0% | 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 bank or similar financial institution account in Philippines?
- Bank or similar financial institution account in Philippines was 33.5% in 2024, according to Global Findex Database.
- What is the highest bank or similar financial institution account recorded in Philippines?
- The highest recorded value was 46.0% in 2021.
- What is the lowest bank or similar financial institution account recorded in Philippines?
- The lowest recorded value was 26.6% in 2011.
- How does Philippines rank for bank or similar financial institution account?
- Philippines ranks 91st out of 115 countries with data for 2024.
- Is bank or similar financial institution account rising or falling in Philippines?
- Over the last ten years it is up 19.5%. 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 Bank or similar financial institution account (% age 15+). Statizoid updates them automatically from the source API.
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About this data
The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another similar financial institution, (% age 15+)