Saved at a bank or similar financial institution in Philippines
Philippines: Saved at a bank or similar financial institution was 10.3% in 2024. ▼ Falling
Saved at a bank or similar financial institution in Philippines, 2011–2024
Source: Global Findex Database. Measured in % age 15+.
Analysis
The most recent figure for saved at a bank or similar financial institution in Philippines is 10.3%, measured in 2024. That is the lowest value across all 5 years on record.
The figure is down 46.2% on the previous year and down 30.2% over ten years.
Over the whole period, saved at a bank or similar financial institution in Philippines peaked at 19.2% in 2021 and was at its lowest, 10.3%, in 2024.
Philippines ranks 51st of 80 countries on this measure, in the middle of the range.
Saved at a bank or similar financial institution in Philippines, year by year
| Year | % age 15+ | Change |
|---|---|---|
| 2011 | 14.7% | — |
| 2014 | 14.8% | +0.5% |
| 2017 | 11.9% | -19.3% |
| 2021 | 19.2% | +60.6% |
| 2024 | 10.3% | -46.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 13.8% | 11.9% | 14.8% | 3 |
| 2020s | 14.7% | 10.3% | 19.2% | 2 |
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 saved at a bank or similar financial institution in Philippines?
- Saved at a bank or similar financial institution in Philippines was 10.3% in 2024, according to Global Findex Database.
- What is the highest saved at a bank or similar financial institution recorded in Philippines?
- The highest recorded value was 19.2% in 2021.
- What is the lowest saved at a bank or similar financial institution recorded in Philippines?
- The lowest recorded value was 10.3% in 2024.
- How does Philippines rank for saved at a bank or similar financial institution?
- Philippines ranks 51st out of 80 countries with data for 2024.
- Is saved at a bank or similar financial institution rising or falling in Philippines?
- Over the last ten years it is down 30.2%. 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 Saved at a bank or similar financial institution (% age 15+). Statizoid updates them automatically from the source API.
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About this data
The percentage of respondents who report saving or setting aside any money at a bank or similar financial institution in the past year, (% age 15+)