Bank or similar financial institution account, richest 60% in Philippines

Philippines: Bank or similar financial institution account, richest 60% was 39.6% in 2024. ▲ Rising

Latest (2024)
39.6%
Change on year
down 29.7%
World rank
86th
of 102 countries
All-time high
56.3%
in 2021
All-time low
36.7%
in 2014
Years of data
5
2011–2024

Bank or similar financial institution account, richest 60% in Philippines, 2011–2024

02040602011201720242011: 37.7 % age 15+2014: 36.7 % age 15+2017: 41.2 % age 15+2021: 56.3 % age 15+2024: 39.6 % age 15+

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

Analysis

Philippines recorded 39.6% for bank or similar financial institution account, richest 60% in 2024.

Compared with earlier readings it is down 29.7% on the previous year and up 7.8% over ten years.

Over the whole period, bank or similar financial institution account, richest 60% in Philippines peaked at 56.3% in 2021 and was at its lowest, 36.7%, in 2014.

Philippines ranks 86th of 102 countries on this measure, in the bottom quarter.

Bank or similar financial institution account, richest 60% in Philippines, year by year

Annual values for Bank or similar financial institution account, richest 60% (% age 15+) in Philippines, 2011 to 2024.
Year % age 15+ Change
2011 37.7%
2014 36.7% -2.5%
2017 41.2% +12.2%
2021 56.3% +36.6%
2024 39.6% -29.7%

Averages by decade

DecadeAverage LowestHighest Years
2010s 38.5% 36.7% 41.2% 3
2020s 47.9% 39.6% 56.3% 2

Countries ranked near Philippines

  1. 83 Honduras 45.6% compare
  2. 84 Guatemala 43.8% compare
  3. 85 Palestine, State of 43.2% compare
  4. 87 Togo 38.7% compare
  5. 88 Bangladesh 38.2% compare
  6. 89 Algeria 38.0% compare

See the full ranking of 114 places →

More reference data data for Philippines

All data for Philippines →

Frequently asked questions

What is bank or similar financial institution account, richest 60% in Philippines?
Bank or similar financial institution account, richest 60% in Philippines was 39.6% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, richest 60% recorded in Philippines?
The highest recorded value was 56.3% in 2021.
What is the lowest bank or similar financial institution account, richest 60% recorded in Philippines?
The lowest recorded value was 36.7% in 2014.
How does Philippines rank for bank or similar financial institution account, richest 60%?
Philippines ranks 86th out of 102 countries with data for 2024.
Is bank or similar financial institution account, richest 60% rising or falling in Philippines?
Over the last ten years it is up 7.8%. 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, richest 60% (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, richest 60% in Philippines. Statizoid. Retrieved 08 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-richest-60-percent-percent-age-15/philippines/

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About this data

Indicator
Bank or similar financial institution account, richest 60% (% age 15+)
Unit
% age 15+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
114 places, 570 data points, 2011–2024
Last refreshed