Bank or similar financial institution account, primary education or in Philippines

Philippines: Bank or similar financial institution account, primary education or was 28.4% in 2024. ▲ Rising

Latest (2024)
28.4%
Change on year
down 0.8%
World rank
83rd
of 105 countries
All-time high
28.6%
in 2021
All-time low
12.3%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution account, primary education or in Philippines, 2011–2024

01020302011201720242011: 12.3 % age 15+2014: 15.2 % age 15+2017: 16.1 % age 15+2021: 28.6 % age 15+2024: 28.4 % age 15+

Source: World Bank. Measured in % age 15+.

Analysis

The most recent figure for bank or similar financial institution account, primary education or in Philippines is 28.4%, measured in 2024.

The figure is down 0.8% on the previous year and up 87.0% over ten years.

Over the whole period, bank or similar financial institution account, primary education or in Philippines peaked at 28.6% in 2021 and was at its lowest, 12.3%, in 2011.

Philippines ranks 83rd of 105 countries on this measure, in the bottom quarter.

Bank or similar financial institution account, primary education or in Philippines, year by year

Annual values for Bank or similar financial institution account, primary education or less (% age 15+) in Philippines, 2011 to 2024.
Year % age 15+ Change
2011 12.3%
2014 15.2% +23.8%
2017 16.1% +5.9%
2021 28.6% +78.0%
2024 28.4% -0.8%

Averages by decade

DecadeAverage LowestHighest Years
2010s 14.5% 12.3% 16.1% 3
2020s 28.5% 28.4% 28.6% 2

Countries ranked near Philippines

  1. 80 Viet Nam 33.1% compare
  2. 81 Botswana 32.5% compare
  3. 82 Honduras 30.8% compare
  4. 84 Guatemala 28.3% compare
  5. 85 Albania 26.2% compare
  6. 86 Algeria 25.0% compare

See the full ranking of 117 places →

More reference data data for Philippines

All data for Philippines →

Frequently asked questions

What is bank or similar financial institution account, primary education or in Philippines?
Bank or similar financial institution account, primary education or in Philippines was 28.4% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, primary education or recorded in Philippines?
The highest recorded value was 28.6% in 2021.
What is the lowest bank or similar financial institution account, primary education or recorded in Philippines?
The lowest recorded value was 12.3% in 2011.
How does Philippines rank for bank or similar financial institution account, primary education or?
Philippines ranks 83rd out of 105 countries with data for 2024.
Is bank or similar financial institution account, primary education or rising or falling in Philippines?
Over the last ten years it is up 87.0%. The long-run trend across the full record is rising.
Where does this Philippines data come from?
The figures come from the World Bank, published as part of Bank or similar financial institution account, primary education or less (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, primary education or in Philippines. Statizoid. Retrieved 04 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-primary-education-or-less-percent-age-15/philippines/

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About this data

Indicator
Bank or similar financial institution account, primary education or less (% age 15+)
Unit
% age 15+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
117 places, 585 data points, 2011–2024
Last refreshed