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

Malawi
38.1%
in 2024
Philippines
34.4%
in 2024
Malawi rank
89th
Philippines rank
92nd

Account ownership at a financial institution or with a over time

  • Malawi
  • Philippines
10203040201120172024

How they compare

Malawi currently reports 38.1% against 34.4% in Philippines, a difference of 3.7%.

That makes Malawi's figure about 1.1 times Philippines's.

The two have swapped places 4 times across 5 shared years of data; in 2011 it was Malawi ahead.

Malawi ranks 89th and Philippines ranks 92nd of 102 countries.

Across the 2 decades both report, Malawi averaged higher in 1 and Philippines in 1.

Head to head by decade

Decade Malawi Philippines Difference Ahead
2010s 13.8% 15.3% 1.5% Philippines
2020s 35.6% 34.2% 1.4% Malawi

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?
Malawi, at 38.1% against 34.4% in Philippines as of 2024.
What is the difference in account ownership at a financial institution or with a between Malawi and Philippines?
3.7%, with Malawi 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 89th and Philippines ranks 92nd 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, poorest 40% (% 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/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/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, poorest 40% (% 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 (poorest 40%, share of population ages 15+).