Bank accounts per 1,000 adults in Philippines
Philippines: Bank accounts per 1,000 adults was 686.5 in 2020. ▲ Rising
Bank accounts per 1,000 adults in Philippines, 2008–2020
Source: Financial Access Survey (FAS), International Monetary Fund (IMF).
Analysis
Philippines recorded 686.5 for bank accounts per 1,000 adults in 2020. That is the highest value across all 13 years on record.
That represents a change of up 4.3% on the previous year and up 82.2% over ten years.
Over the whole period, bank accounts per 1,000 adults in Philippines peaked at 686.5 in 2020 and was at its lowest, 364.24, in 2009.
Philippines ranks 53rd of 103 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 13 years of available data.
Bank accounts per 1,000 adults in Philippines, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 365.76 | — |
| 2009 | 364.24 | -0.4% |
| 2010 | 376.71 | +3.4% |
| 2011 | 435.44 | +15.6% |
| 2012 | 434.71 | -0.2% |
| 2013 | 433.26 | -0.3% |
| 2014 | 452.19 | +4.4% |
| 2015 | 471.95 | +4.4% |
| 2016 | 485.27 | +2.8% |
| 2017 | 507.04 | +4.5% |
| 2018 | 576.09 | +13.6% |
| 2019 | 658.28 | +14.3% |
| 2020 | 686.5 | +4.3% |
Philippines compared with similar countries
- Philippines's 686.5 is below the median for upper middle income countries, which is 944.31, 73% of the median. (29 countries reporting)
- Philippines's 686.5 is below the median for East Asia & Pacific, which is 714.4, 96% of the median. (13 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 365 | 364.24 | 365.76 | 2 |
| 2010s | 483.09 | 376.71 | 658.28 | 10 |
| 2020s | 686.5 | 686.5 | 686.5 | 1 |
Countries ranked near Philippines
More financial sector data for Philippines
- Reserve position in the IMF, US dollar, annual growth rate 7.66 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 6.23 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 2.52 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 4.55 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 7.66 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 6.23 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 2.52 % change on previous year (2025)
Frequently asked questions
- What is bank accounts per 1,000 adults in Philippines?
- Bank accounts per 1,000 adults in Philippines was 686.5 in 2020, according to Financial Access Survey (FAS), International Monetary Fund (IMF).
- What is the highest bank accounts per 1,000 adults recorded in Philippines?
- The highest recorded value was 686.5 in 2020.
- What is the lowest bank accounts per 1,000 adults recorded in Philippines?
- The lowest recorded value was 364.24 in 2009.
- How does Philippines rank for bank accounts per 1,000 adults?
- Philippines ranks 53rd out of 103 countries with data for 2020.
- Is bank accounts per 1,000 adults rising or falling in Philippines?
- Over the last ten years it is up 82.2%. The long-run trend across the full record is rising.
- Where does this Philippines data come from?
- The figures come from Financial Access Survey (FAS), International Monetary Fund (IMF), published as part of Bank accounts per 1,000 adults. Statizoid updates them automatically from the source API.
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About this data
For each country calculated as: 1,000*reported number of depositors/adult population in the reporting country.