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

Philippines: Bank or similar financial institution account, secondary education or was 35.9% in 2024. ▲ Rising

Latest (2024)
35.9%
Change on year
down 34.8%
World rank
94th
of 105 countries
All-time high
55.1%
in 2021
All-time low
33.1%
in 2011
Years of data
5
2011–2024

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

02040602011201720242011: 33.1 % age 15+2014: 33.5 % age 15+2017: 38.3 % age 15+2021: 55.1 % age 15+2024: 35.9 % age 15+

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

Analysis

The most recent figure for bank or similar financial institution account, secondary education or in Philippines is 35.9%, measured in 2024.

The figure is down 34.8% on the previous year and up 7.4% over ten years.

Over the whole period, bank or similar financial institution account, secondary education or in Philippines peaked at 55.1% in 2021 and was at its lowest, 33.1%, in 2011.

Philippines ranks 94th of 105 countries on this measure, in the bottom quarter.

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

Annual values for Bank or similar financial institution account, secondary education or more (% age 15+) in Philippines, 2011 to 2024.
Year % age 15+ Change
2011 33.1%
2014 33.5% +1.2%
2017 38.3% +14.5%
2021 55.1% +43.8%
2024 35.9% -34.8%

Averages by decade

DecadeAverage LowestHighest Years
2010s 35.0% 33.1% 38.3% 3
2020s 45.5% 35.9% 55.1% 2

Countries ranked near Philippines

  1. 91 Bangladesh 38.7% compare
  2. 92 Iraq 38.7% compare
  3. 93 Burkina Faso 37.5% compare
  4. 95 Tanzania, United Republic of 34.1% compare
  5. 96 Zambia 30.9% compare
  6. 97 Nicaragua 30.5% 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, secondary education or in Philippines?
Bank or similar financial institution account, secondary education or in Philippines was 35.9% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, secondary education or recorded in Philippines?
The highest recorded value was 55.1% in 2021.
What is the lowest bank or similar financial institution account, secondary education or recorded in Philippines?
The lowest recorded value was 33.1% in 2011.
How does Philippines rank for bank or similar financial institution account, secondary education or?
Philippines ranks 94th out of 105 countries with data for 2024.
Is bank or similar financial institution account, secondary education or rising or falling in Philippines?
Over the last ten years it is up 7.4%. 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, secondary education or more (% age 15+). Statizoid updates them automatically from the source API.

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

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About this data

Indicator
Bank or similar financial institution account, secondary education or more (% 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