Owns a debit card, income, richest 60% in Philippines

Philippines: Owns a debit card, income, richest 60% was 24.7% in 2024. ▲ Rising

Latest (2024)
24.7%
Change on year
down 37.3%
World rank
78th
of 85 countries
All-time high
39.4%
in 2021
All-time low
18.3%
in 2011
Years of data
5
2011–2024

Owns a debit card, income, richest 60% in Philippines, 2011–2024

0102030402011201720242011: 18.3 % ages 15+2014: 27.5 % ages 15+2017: 29.1 % ages 15+2021: 39.4 % ages 15+2024: 24.7 % ages 15+

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

Analysis

In 2024, owns a debit card, income, richest 60% in Philippines stood at 24.7%.

Compared with earlier readings it is down 37.3% on the previous year and down 10.2% over ten years.

Over the whole period, owns a debit card, income, richest 60% in Philippines peaked at 39.4% in 2021 and was at its lowest, 18.3%, in 2011.

That places Philippines 78th out of 85 countries with data for 2024, putting it in the bottom quarter.

Owns a debit card, income, richest 60% in Philippines, year by year

Annual values for Owns a debit card, income, richest 60% (% ages 15+) in Philippines, 2011 to 2024.
Year % ages 15+ Change
2011 18.3%
2014 27.5% +50.0%
2017 29.1% +5.7%
2021 39.4% +35.4%
2024 24.7% -37.3%

Averages by decade

DecadeAverage LowestHighest Years
2010s 25.0% 18.3% 29.1% 3
2020s 32.0% 24.7% 39.4% 2

Countries ranked near Philippines

  1. 75 Colombia 34.6% compare
  2. 76 El Salvador 34.5% compare
  3. 77 Honduras 25.5% compare
  4. 79 Zimbabwe 23.6% compare
  5. 80 Kenya 23.6% compare
  6. 81 Algeria 23.1% compare

See the full ranking of 93 places →

More reference data data for Philippines

All data for Philippines →

Frequently asked questions

What is owns a debit card, income, richest 60% in Philippines?
Owns a debit card, income, richest 60% in Philippines was 24.7% in 2024, according to Global Findex database.
What is the highest owns a debit card, income, richest 60% recorded in Philippines?
The highest recorded value was 39.4% in 2021.
What is the lowest owns a debit card, income, richest 60% recorded in Philippines?
The lowest recorded value was 18.3% in 2011.
How does Philippines rank for owns a debit card, income, richest 60%?
Philippines ranks 78th out of 85 countries with data for 2024.
Is owns a debit card, income, richest 60% rising or falling in Philippines?
Over the last ten years it is down 10.2%. 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, income, richest 60% (% ages 15+). Statizoid updates them automatically from the source API.

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Owns a debit card, income, richest 60% in Philippines. Statizoid, drawing on Global Findex database. Retrieved 30 August 2026, from https://reference.statizoid.com/stat/owns-a-debit-card-income-richest-60-percent-percent-ages-15/philippines/

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About this data

Indicator
Owns a debit card, income, richest 60% (% ages 15+)
Unit
% ages 15+
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
93 places, 465 data points, 2011–2024
Last refreshed

The percentage of respondents who report having a debit card, richest 60% (% ages 15+)