What is the difference in foreign banks among total banks between Republic of Korea and Philippines?

1.0%, with Republic of Korea ahead.

How many years of comparable data are there for Republic of Korea and Philippines?

19 years are reported by both, from 1995 to 2013.

Where does this data come from?

Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10, published as Foreign banks among total banks (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Republic of Korea vs Philippines: Foreign banks among total banks

Republic of Korea

13.0%

in 2013

Philippines

12.0%

in 2013

Republic of Korea rank

110th

Philippines rank

113th

Foreign banks among total banks over time

Republic of Korea
Philippines

How they compare

Republic of Korea currently reports 13.0% against 12.0% in Philippines, a difference of 1.0%.

That makes Republic of Korea's figure about 1.1 times Philippines's.

The two have swapped places 1 time across 19 shared years of data; in 1995 it was Philippines ahead.

Republic of Korea ranks 110th and Philippines ranks 113th of 137 countries.

Across the 3 decades both report, Republic of Korea averaged higher in 1 and Philippines in 2.

Head to head by decade

Decade	Republic of Korea	Philippines	Difference	Ahead
1990s	0.0%	15.0%	15.0%	Philippines
2000s	14.0%	14.5%	0.5%	Philippines
2010s	14.5%	11.5%	3.0%	Republic of Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher foreign banks among total banks, Republic of Korea or Philippines?: Republic of Korea, at 13.0% against 12.0% in Philippines as of 2013.
What is the difference in foreign banks among total banks between Republic of Korea and Philippines?: 1.0%, with Republic of Korea ahead.
How many years of comparable data are there for Republic of Korea and Philippines?: 19 years are reported by both, from 1995 to 2013.
How do Republic of Korea and Philippines rank globally for foreign banks among total banks?: Republic of Korea ranks 110th and Philippines ranks 113th of 137 countries.
Where does this data come from?: Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10, published as Foreign banks among total banks (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Republic of Korea vs Philippines: Foreign banks among total banks. Statizoid, drawing on Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10. Retrieved 02 September 2026, from https://financial-sector.statizoid.com/compare/foreign-banks-among-total-banks-percent/korea-rep/philippines/

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About this data

Indicator: Foreign banks among total banks (%)
Unit: %
Source: Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 137 places, 2,603 data points, 1995–2013
Last refreshed: 21 August 2026

Percentage of the number of foreign owned banks to the number of the total banks in an Economy. A foreign bank is a bank where 50 percent or more of its shares are owned by foreigners.