Owns a debit card in Philippines

Philippines: Owns a debit card was 20.1% in 2024. ▲ Rising

Latest (2024)
20.1%
Change on year
down 32.5%
World rank
90th
of 118 countries
All-time high
29.8%
in 2021
All-time low
13.2%
in 2011
Years of data
5
2011–2024

Owns a debit card in Philippines, 2011–2024

01020302011201720242011: 13.2 % age 15+2014: 20.5 % age 15+2017: 21 % age 15+2021: 29.8 % age 15+2024: 20.1 % age 15+

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

Analysis

Philippines recorded 20.1% for owns a debit card in 2024.

The figure is down 32.5% on the previous year and down 1.7% over ten years.

Over the whole period, owns a debit card in Philippines peaked at 29.8% in 2021 and was at its lowest, 13.2%, in 2011.

That places Philippines 90th out of 118 countries with data for 2024, putting it in the bottom quarter.

Owns a debit card in Philippines, year by year

Annual values for Owns a debit card (% age 15+) in Philippines, 2011 to 2024.
Year % age 15+ Change
2011 13.2%
2014 20.5% +55.7%
2017 21.0% +2.6%
2021 29.8% +41.9%
2024 20.1% -32.5%

Philippines compared with similar countries

  • Philippines's 20.1% is below the median for upper middle income countries, which is 49.3%, 41% of the median. (37 countries reporting)
  • Philippines's 20.1% is below the median for East Asia & Pacific, which is 80.6%, 25% of the median. (14 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 18.2% 13.2% 21.0% 3
2020s 25.0% 20.1% 29.8% 2

Countries ranked near Philippines

  1. 87 Iraq 23.8% compare
  2. 88 Algeria 22.2% compare
  3. 89 Honduras 21.5% compare
  4. 91 Kenya 19.5% compare
  5. 92 Guatemala 18.1% compare
  6. 93 Nepal 17.6% compare

See the full ranking of 128 places →

More reference data data for Philippines

All data for Philippines →

Frequently asked questions

What is owns a debit card in Philippines?
Owns a debit card in Philippines was 20.1% in 2024, according to Global Findex Database.
What is the highest owns a debit card recorded in Philippines?
The highest recorded value was 29.8% in 2021.
What is the lowest owns a debit card recorded in Philippines?
The lowest recorded value was 13.2% in 2011.
How does Philippines rank for owns a debit card?
Philippines ranks 90th out of 118 countries with data for 2024.
Is owns a debit card rising or falling in Philippines?
Over the last ten years it is down 1.7%. 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 (% age 15+). Statizoid updates them automatically from the source API.

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

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About this data

Indicator
Owns a debit card (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
128 places, 640 data points, 2011–2024
Last refreshed

The percentage of respondents who report having an ATM or debit card, (% age 15+)