Owns a credit card in Philippines
Philippines: Owns a credit card was 3.0% in 2024. ◆ Volatile
Latest (2024)
3.0%
Change on year
down 62.5%
World rank
61st
of 115 countries
All-time high
8.1%
in 2021
All-time low
1.9%
in 2017
Years of data
5
2011–2024
Owns a credit card in Philippines, 2011–2024
Source: Global Findex Database. Measured in % age 15+.
Analysis
The most recent figure for owns a credit card in Philippines is 3.0%, measured in 2024.
Compared with earlier readings it is down 62.5% on the previous year and down 5.2% over ten years.
Over the whole period, owns a credit card in Philippines peaked at 8.1% in 2021 and was at its lowest, 1.9%, in 2017.
That places Philippines 61st out of 115 countries with data for 2024, putting it in the middle of the range.
Owns a credit card in Philippines, year by year
| Year | % age 15+ | Change |
|---|---|---|
| 2011 | 3.2% | — |
| 2014 | 3.2% | +1.3% |
| 2017 | 1.9% | -39.4% |
| 2021 | 8.1% | +317.1% |
| 2024 | 3.0% | -62.5% |
Philippines compared with similar countries
- Philippines's 3.0% is below the median for upper middle income countries, which is 11.2%, 27% of the median. (36 countries reporting)
- Philippines's 3.0% is above the median for East Asia & Pacific, which is 1.9%, 1.6× the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.8% | 1.9% | 3.2% | 3 |
| 2020s | 5.6% | 3.0% | 8.1% | 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 owns a credit card in Philippines?
- Owns a credit card in Philippines was 3.0% in 2024, according to Global Findex Database.
- What is the highest owns a credit card recorded in Philippines?
- The highest recorded value was 8.1% in 2021.
- What is the lowest owns a credit card recorded in Philippines?
- The lowest recorded value was 1.9% in 2017.
- How does Philippines rank for owns a credit card?
- Philippines ranks 61st out of 115 countries with data for 2024.
- Is owns a credit card rising or falling in Philippines?
- Over the last ten years it is down 5.2%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Global Findex Database, published as part of Owns a credit card (% age 15+). 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
The percentage of respondents who report having a credit card, (% age 15+)