Financial soundness indicators in Philippines
Philippines: Financial soundness indicators was 1.8% in 2024. ▬ Flat
Latest (2024)
1.8%
Change on year
up 1.7%
World rank
83rd
of 150 countries
All-time high
2.1%
in 2022
All-time low
1.1%
in 2020
Years of data
16
2009–2024
Financial soundness indicators in Philippines, 2009–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
In 2024, financial soundness indicators in Philippines stood at 1.8%.
The figure is up 1.7% on the previous year and up 10.1% 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 83rd out of 150 countries with data for 2024, putting it in the middle of the range.
Financial soundness indicators in Philippines, year by year
| Year | % | Change |
|---|---|---|
| 2009 | 1.4% | — |
| 2010 | 1.7% | +19.1% |
| 2011 | 1.6% | -4.2% |
| 2012 | 1.8% | +14.3% |
| 2013 | 1.9% | +4.9% |
| 2014 | 1.6% | -17.6% |
| 2015 | 1.4% | -11.9% |
| 2016 | 1.4% | -2.1% |
| 2017 | 1.4% | -1.5% |
| 2018 | 1.3% | -1.5% |
| 2019 | 1.5% | +14.3% |
| 2020 | 1.1% | -28.3% |
| 2021 | 1.4% | +32.1% |
| 2022 | 2.1% | +43.1% |
| 2023 | 1.7% | -16.5% |
| 2024 | 1.8% | +1.7% |
Philippines compared with similar countries
- Philippines's 1.8% is below the median for upper middle income countries, which is 2.5%, 69% of the median. (47 countries reporting)
- Philippines's 1.8% is above the median for East Asia & Pacific, which is 1.4%, 1.2× the median. (21 countries reporting)
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% | 5 |
Countries ranked near Philippines
More reference data data for Philippines
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 2.21 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 2.95 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 12.86 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.43 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 12.86 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 7.4 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 10.7 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 15.23 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 67.05 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 7.76 (2050)
Frequently asked questions
- What is financial soundness indicators in Philippines?
- Financial soundness indicators in Philippines was 1.8% in 2024, 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 83rd out of 150 countries with data for 2024.
- Is financial soundness indicators rising or falling in Philippines?
- Over the last ten years it is up 10.1%. 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.
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CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Return on assets (%).