South Korea vs Philippines: Foreign banks among total banks (%)
South Korea
13.0%
in 2013
Philippines
12.0%
in 2013
South Korea rank
110th
Philippines rank
113th
Foreign banks among total banks (%) over time
- South Korea
- Philippines
How they compare
South Korea currently reports 13.0% against 12.0% in Philippines, a difference of 1.0%.
That makes South 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.
South Korea ranks 110th and Philippines ranks 113th of 137 countries.
Across the 3 decades both report, South Korea averaged higher in 1 and Philippines in 2.
Head to head by decade
| Decade | South 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% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher foreign banks among total banks, South Korea or Philippines?
- South Korea, at 13.0% against 12.0% in Philippines as of 2013.
- What is the difference in foreign banks among total banks between South Korea and Philippines?
- 1.0%, with South Korea ahead.
- How many years of comparable data are there for South Korea and Philippines?
- 19 years are reported by both, from 1995 to 2013.
- How do South Korea and Philippines rank globally for foreign banks among total banks?
- South 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.
Individual pages
About this data
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.