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 170 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.
Bank concentration in Philippines, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 100.0% | — |
| 2002 | 100.0% | +0.0% |
| 2003 | 98.7% | -1.3% |
| 2004 | 72.3% | -26.8% |
| 2005 | 41.2% | -43.0% |
| 2006 | 39.6% | -3.9% |
| 2007 | 50.0% | +26.1% |
| 2008 | 47.5% | -4.9% |
| 2009 | 46.7% | -1.8% |
| 2010 | 47.6% | +2.0% |
| 2011 | 40.6% | -14.8% |
| 2012 | 41.3% | +1.8% |
| 2013 | 43.4% | +5.0% |
| 2014 | 45.2% | +4.1% |
| 2015 | 46.0% | +1.9% |
| 2016 | 43.6% | -5.1% |
| 2017 | 45.9% | +5.1% |
| 2018 | 45.8% | -0.1% |
| 2019 | 45.5% | -0.7% |
| 2020 | 46.7% | +2.6% |
| 2021 | 52.3% | +11.9% |
Philippines compared with similar countries
- Philippines's 52.3% is below the median for upper middle income countries, which is 70.5%, 74% of the median. (48 countries reporting)
- Philippines's 52.3% is below the median for East Asia & Pacific, which is 56.7%, 92% of the median. (18 countries reporting)
Biggest year-on-year movements
Years where Bank concentration in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | -43.0% | 72.3% | 41.2% |
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
- 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 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 170 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.