Share of people (15+) who report having an account at a bank (by) in Philippines
Philippines: Share of people (15+) who report having an account at a bank (by) was 43.04 % in 2024. ▲ Rising
Share of people (15+) who report having an account at a bank (by) in Philippines, 2011–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
In 2024, share of people (15+) who report having an account at a bank (by) in Philippines stood at 43.04 %.
Compared with earlier readings it is down 22.6% on the previous year and up 76.4% over ten years.
Over the whole period, share of people (15+) who report having an account at a bank (by) in Philippines peaked at 55.59 % in 2021 and was at its lowest, 19 %, in 2011.
Philippines ranks 91st of 97 countries on this measure, in the bottom quarter.
Share of people (15+) who report having an account at a bank (by) in Philippines, year by year
| Year | % | Change |
|---|---|---|
| 2011 | 19 % | — |
| 2014 | 24.4 % | +28.4% |
| 2017 | 30.02 % | +23.0% |
| 2021 | 55.59 % | +85.2% |
| 2024 | 43.04 % | -22.6% |
Philippines compared with similar countries
- Philippines's 43.04 % is below the median for upper middle income countries, which is 72.42 %, 59% of the median. (31 countries reporting)
- Philippines's 43.04 % is below the median for East Asia & Pacific, which is 97.16 %, 44% of the median. (9 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 24.47 % | 19 % | 30.02 % | 3 |
| 2020s | 49.31 % | 43.04 % | 55.59 % | 2 |
Countries ranked near Philippines
More economy & growth data for Philippines
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.98 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.4 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.60 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0033 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 13.72 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 7.79 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -17.1 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.016 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 66.71 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 4.46 % change on previous year (2025)
Frequently asked questions
- What is share of people (15+) who report having an account at a bank (by) in Philippines?
- Share of people (15+) who report having an account at a bank (by) in Philippines was 43.04 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest share of people (15+) who report having an account at a bank (by) recorded in Philippines?
- The highest recorded value was 55.59 % in 2021.
- What is the lowest share of people (15+) who report having an account at a bank (by) recorded in Philippines?
- The lowest recorded value was 19 % in 2011.
- How does Philippines rank for share of people (15+) who report having an account at a bank (by)?
- Philippines ranks 91st out of 97 countries with data for 2024.
- Is share of people (15+) who report having an account at a bank (by) rising or falling in Philippines?
- Over the last ten years it is up 76.4%. The long-run trend across the full record is rising.
- Where does this Philippines data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Share of people (15+) who report having an account at a bank (by themselves or with someone else) — Value — Male — All age ranges or no breakdown by age — National. Statizoid updates them automatically from the source API.
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About this data
The Suite of Gender Indicators presents a set of indicators relevant to agrifood systems that are disaggregated by sex, with the aim of highlighting gender differences across agrifood systems. The initial set of indicators is based on those used in FAO’s 2023 Status of Women in Agrifood Systems (SWAFS) report and on the recommendations of an expert consultation held in December 2023, and covers key dimensions including economic participation, governance, agency, social norms, assets and services, education, health, and nutrition. Indicator selection was informed by expert judgment and by the availability of data with sufficient geographic and temporal coverage to enable meaningful comparisons across regions and over time. While most indicators are produced and published by FAO and other international organizations, the objective of this domain is to provide a one-stop shop for sex-disaggregated data on agrifood systems.