Saved at a financial institution or using a mobile money account in Philippines
Philippines: Saved at a financial institution or using a mobile money account was 23.9% in 2024. β² Rising
Saved at a financial institution or using a mobile money account in Philippines, 2011β2024
Source: Global Findex Database. Measured in % age 15+.
Analysis
In 2024, saved at a financial institution or using a mobile money account in Philippines stood at 23.9%. That is the highest value across all 5 years on record.
The figure is up 15.1% on the previous year and up 61.7% over ten years.
Over the whole period, saved at a financial institution or using a mobile money account in Philippines peaked at 23.9% in 2024 and was at its lowest, 11.9%, in 2017.
Philippines ranks 45th of 82 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 13.8% | 11.9% | 14.8% | 3 |
| 2020s | 22.3% | 20.8% | 23.9% | 2 |
Countries ranked near Philippines
- 42 Tanzania, United Republic of 25.9% compare
- 43 Colombia 25.0% compare
- 44 Bosnia and Herzegovina 24.1% compare
- 46 Benin 23.4% compare
- 47 Guinea 23.3% compare
- 48 Venezuela (Bolivarian Republic of) 23.2% compare
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 financial institution or using a mobile money account in Philippines?
- Saved at a financial institution or using a mobile money account in Philippines was 23.9% in 2024, according to Global Findex Database.
- What is the highest saved at a financial institution or using a mobile money account recorded in Philippines?
- The highest recorded value was 23.9% in 2024.
- What is the lowest saved at a financial institution or using a mobile money account recorded in Philippines?
- The lowest recorded value was 11.9% in 2017.
- How does Philippines rank for saved at a financial institution or using a mobile money account?
- Philippines ranks 45th out of 82 countries with data for 2024.
- Is saved at a financial institution or using a mobile money account rising or falling in Philippines?
- Over the last ten years it is up 61.7%. 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 Saved at a financial institution or using a mobile money account (% age 15+). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The percentage of respondents who report saving or setting aside any money at a bank or similar financial institution or using a mobile money account to save in the past year, (% age 15+)