Financial soundness indicators in Philippines
Philippines: Financial soundness indicators was 1.7% in 2023. ▬ Flat
Latest (2023)
1.7%
Change on year
down 16.5%
World rank
77th
of 146 countries
All-time high
2.1%
in 2022
All-time low
1.1%
in 2020
Years of data
15
2009–2023
Financial soundness indicators in Philippines, 2009–2023
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
In 2023, financial soundness indicators in Philippines stood at 1.7%.
The figure is down 16.5% on the previous year and down 10.9% over ten years.
Over the whole period, financial soundness indicators in Philippines peaked at 2.1% in 2022 and was at its lowest, 1.1%, in 2020.
That places Philippines 77th out of 146 countries with data for 2023, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.4% | 1.4% | 1.4% | 1 |
| 2010s | 1.6% | 1.3% | 1.9% | 10 |
| 2020s | 1.6% | 1.1% | 2.1% | 4 |
Countries ranked near Philippines
More reference data data for Philippines
- Spring temperature anomalies -0.2869 °C (2026)
- Summer temperature anomalies 0.7374 °C (2026)
- Temperature anomalies by month 0.2172 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 0.0518 °C (2025)
- Winter temperature anomalies 0.6992 °C (2025)
- Consumer price index 162.31 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Competitive elections 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is financial soundness indicators in Philippines?
- Financial soundness indicators in Philippines was 1.7% in 2023, according to International Monetary Fund – processed by Our World in Data.
- What is the highest financial soundness indicators recorded in Philippines?
- The highest recorded value was 2.1% in 2022.
- What is the lowest financial soundness indicators recorded in Philippines?
- The lowest recorded value was 1.1% in 2020.
- How does Philippines rank for financial soundness indicators?
- Philippines ranks 77th out of 146 countries with data for 2023.
- Is financial soundness indicators rising or falling in Philippines?
- Over the last ten years it is down 10.9%. The long-run trend across the full record is flat.
- Where does this Philippines data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Financial soundness indicators. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Return on assets (%)