Owns a debit card, young in Philippines

Philippines: Owns a debit card, young was 5.9% in 2024. ▼ Falling

Latest (2024)
5.9%
Change on year
down 66.8%
World rank
83rd
of 85 countries
All-time high
17.8%
in 2021
All-time low
5.9%
in 2024
Years of data
5
2011–2024

Owns a debit card, young in Philippines, 2011–2024

57.51012.51517.52011201720242011: 11.3 % ages 15-242014: 11.7 % ages 15-242017: 7.8 % ages 15-242021: 17.8 % ages 15-242024: 5.9 % ages 15-24

Source: Global Findex database. Measured in % ages 15-24.

Analysis

In 2024, owns a debit card, young in Philippines stood at 5.9%. That is the lowest value across all 5 years on record.

That represents a change of down 66.8% on the previous year and down 49.3% over ten years.

Over the whole period, owns a debit card, young in Philippines peaked at 17.8% in 2021 and was at its lowest, 5.9%, in 2024.

Philippines ranks 83rd of 85 countries on this measure, in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 10.3% 7.8% 11.7% 3
2020s 11.9% 5.9% 17.8% 2

Countries ranked near Philippines

  1. 80 Algeria 10.8% compare
  2. 81 Tanzania 7.9% compare
  3. 82 Zimbabwe 7.3% compare
  4. 84 Zambia 5.6% compare
  5. 85 Lebanon 2.2% compare

See the full ranking of 94 places →

More reference data data for Philippines

All data for Philippines →

Frequently asked questions

What is owns a debit card, young in Philippines?
Owns a debit card, young in Philippines was 5.9% in 2024, according to Global Findex database.
What is the highest owns a debit card, young recorded in Philippines?
The highest recorded value was 17.8% in 2021.
What is the lowest owns a debit card, young recorded in Philippines?
The lowest recorded value was 5.9% in 2024.
How does Philippines rank for owns a debit card, young?
Philippines ranks 83rd out of 85 countries with data for 2024.
Is owns a debit card, young rising or falling in Philippines?
Over the last ten years it is down 49.3%. The long-run trend across the full record is falling.
Where does this Philippines data come from?
The figures come from Global Findex database, published as part of Owns a debit card, young (% ages 15-24). 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

Indicator
Owns a debit card, young (% ages 15-24)
Unit
% ages 15-24
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
94 places, 470 data points, 2011–2024
Last refreshed

The percentage of respondents who report having a debit card, young (% ages 15-24)