Malawi vs Philippines: Account ownership at a financial institution or with a

Malawi
58.6%
in 2024
Philippines
60.7%
in 2024
Malawi rank
88th
Philippines rank
85th

Account ownership at a financial institution or with a over time

  • Malawi
  • Philippines
2030405060201120172024

How they compare

Philippines currently reports 60.7% against 58.6% in Malawi, a difference of 2.1%.

Across all 5 years both countries report, Philippines has been ahead every year.

Malawi ranks 88th and Philippines ranks 85th of 102 countries.

Philippines has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Malawi Philippines Difference Ahead
2010s 28.7% 41.0% 12.3% Philippines
2020s 53.8% 61.7% 7.9% Philippines

Averages of every year both report within each decade.

Frequently asked questions

Which has higher account ownership at a financial institution or with a, Malawi or Philippines?
Philippines, at 60.7% against 58.6% in Malawi as of 2024.
What is the difference in account ownership at a financial institution or with a between Malawi and Philippines?
2.1%, with Philippines ahead.
How many years of comparable data are there for Malawi and Philippines?
5 years are reported by both, from 2011 to 2024.
How do Malawi and Philippines rank globally for account ownership at a financial institution or with a?
Malawi ranks 88th and Philippines ranks 85th of 102 countries.
Where does this data come from?
Global Findex Database, World Bank (WB), published as Account ownership at a financial institution or with a mobile-money-service provider, richest 60% (% of population ages 15+). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Malawi vs Philippines: Account ownership at a financial institution or with a. Statizoid, drawing on Global Findex Database, World Bank (WB). Retrieved 11 September 2026, from https://financial-sector.statizoid.com/compare/account-ownership-at-a-financial-institution-or-with-a-mobile-money-service-provider-2/malawi/philippines/

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<a href="https://financial-sector.statizoid.com/compare/account-ownership-at-a-financial-institution-or-with-a-mobile-money-service-provider-2/malawi/philippines/">Malawi vs Philippines: Account ownership at a financial institution or with a</a> — Statizoid

About this data

Indicator
Account ownership at a financial institution or with a mobile-money-service provider, richest 60% (% of population ages 15+)
Unit
% of population ages 15+
Source
Global Findex Database, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
114 places, 570 data points, 2011–2024
Last refreshed

Account denotes the percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution or report personally using a mobile money service in the past 12 months (richest 60%, share of population ages 15+).