Bank concentration in Philippines
Philippines: Bank concentration was 52.3% in 2021. ▼ Falling
Bank concentration in Philippines, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
Philippines recorded 52.3% for bank concentration in 2021.
Compared with earlier readings it is up 11.9% on the previous year and up 28.8% over ten years.
Over the whole period, bank concentration in Philippines peaked at 100.0% in 2000 and was at its lowest, 39.6%, in 2006.
That places Philippines 138th out of 169 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 21 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 66.2% | 39.6% | 100.0% | 9 |
| 2010s | 44.5% | 40.6% | 47.6% | 10 |
| 2020s | 49.5% | 46.7% | 52.3% | 2 |
Countries ranked near Philippines
More financial sector data for Philippines
- Domestic credit to private sector by banks 52.1% (2025)
- Total reserves in months of imports 7.33 (2025)
- Net domestic credit 22.68 trillion current LCU (2025)
- Net foreign assets 7.36 trillion current LCU (2025)
- Monetary Sector credit to private sector 52.1% (2025)
- Broad money 85.9% (2022)
- Claims on central government, etc. 32.6% (2025)
- Domestic credit to private sector 52.1% (2025)
- Official exchange rate 57.51 LCU per US$, period average (2025)
- Net migration -149,315 (2025)
Frequently asked questions
- What is bank concentration in Philippines?
- Bank concentration in Philippines was 52.3% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank concentration recorded in Philippines?
- The highest recorded value was 100.0% in 2000.
- What is the lowest bank concentration recorded in Philippines?
- The lowest recorded value was 39.6% in 2006.
- How does Philippines rank for bank concentration?
- Philippines ranks 138th out of 169 countries with data for 2021.
- Is bank concentration rising or falling in Philippines?
- Over the last ten years it is up 28.8%. The long-run trend across the full record is falling.
- Where does this Philippines data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank concentration (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.