Owns a debit card, in labor force in Philippines

Philippines: Owns a debit card, in labor force was 23.1% in 2024. ▲ Rising

Latest (2024)
23.1%
Change on year
down 34.5%
World rank
77th
of 80 countries
All-time high
35.3%
in 2021
All-time low
14.5%
in 2011
Years of data
5
2011–2024

Owns a debit card, in labor force in Philippines, 2011–2024

0102030402011201720242011: 14.5 % age 15+2014: 25.3 % age 15+2017: 27.2 % age 15+2021: 35.3 % age 15+2024: 23.1 % age 15+

Source: Global Findex database. Measured in % age 15+.

Analysis

Philippines recorded 23.1% for owns a debit card, in labor force in 2024.

Compared with earlier readings it is down 34.5% on the previous year and down 8.4% over ten years.

Over the whole period, owns a debit card, in labor force in Philippines peaked at 35.3% in 2021 and was at its lowest, 14.5%, in 2011.

Philippines ranks 77th of 80 countries on this measure, in the bottom quarter.

Owns a debit card, in labor force in Philippines, year by year

Annual values for Owns a debit card, in labor force (% age 15+) in Philippines, 2011 to 2024.
Year % age 15+ Change
2011 14.5%
2014 25.3% +74.4%
2017 27.2% +7.7%
2021 35.3% +29.8%
2024 23.1% -34.5%

Philippines compared with similar countries

  • Philippines's 23.1% is below the median for upper middle income countries, which is 69.3%, 33% of the median. (30 countries reporting)
  • Philippines's 23.1% is below the median for East Asia & Pacific, which is 87.2%, 27% of the median. (11 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 22.3% 14.5% 27.2% 3
2020s 29.2% 23.1% 35.3% 2

Countries ranked near Philippines

  1. 74 Honduras 27.7% compare
  2. 75 Zimbabwe 27.1% compare
  3. 76 Lebanon 23.2% compare
  4. 78 Guatemala 20.8% compare
  5. 79 Tanzania 15.9% compare
  6. 80 Zambia 14.6% compare

See the full ranking of 88 places →

More reference data data for Philippines

All data for Philippines →

Frequently asked questions

What is owns a debit card, in labor force in Philippines?
Owns a debit card, in labor force in Philippines was 23.1% in 2024, according to Global Findex database.
What is the highest owns a debit card, in labor force recorded in Philippines?
The highest recorded value was 35.3% in 2021.
What is the lowest owns a debit card, in labor force recorded in Philippines?
The lowest recorded value was 14.5% in 2011.
How does Philippines rank for owns a debit card, in labor force?
Philippines ranks 77th out of 80 countries with data for 2024.
Is owns a debit card, in labor force rising or falling in Philippines?
Over the last ten years it is down 8.4%. 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 Owns a debit card, in labor force (% age 15+). Statizoid updates them automatically from the source API.

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Owns a debit card, in labor force in Philippines. Statizoid, drawing on Global Findex database. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/owns-a-debit-card-in-labor-force-percent-age-15/philippines/

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About this data

Indicator
Owns a debit card, in labor force (% age 15+)
Unit
% age 15+
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
88 places, 440 data points, 2011–2024
Last refreshed

The percentage of respondents who report having a debit card, in labor force (% age 15+)