Bank cost to income ratio in Philippines
Philippines: Bank cost to income ratio was 51.9% in 2021. ▼ Falling
Bank cost to income ratio in Philippines, 2003–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
Philippines recorded 51.9% for bank cost to income ratio in 2021.
The figure is up 6.7% on the previous year and down 13.1% over ten years.
Over the whole period, bank cost to income ratio in Philippines peaked at 70.5% in 2008 and was at its lowest, 48.7%, in 2020.
Philippines ranks 105th of 169 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Bank cost to income ratio in Philippines, year by year
| Year | % | Change |
|---|---|---|
| 2003 | 65.5% | — |
| 2004 | 60.1% | -8.2% |
| 2005 | 63.4% | +5.5% |
| 2006 | 60.6% | -4.4% |
| 2007 | 61.8% | +2.0% |
| 2008 | 70.5% | +14.1% |
| 2009 | 59.5% | -15.7% |
| 2010 | 57.5% | -3.3% |
| 2011 | 59.8% | +4.0% |
| 2012 | 58.9% | -1.4% |
| 2013 | 55.7% | -5.4% |
| 2014 | 60.3% | +8.2% |
| 2015 | 59.6% | -1.1% |
| 2016 | 57.3% | -3.9% |
| 2017 | 57.4% | +0.2% |
| 2018 | 59.4% | +3.5% |
| 2019 | 54.3% | -8.6% |
| 2020 | 48.7% | -10.3% |
| 2021 | 51.9% | +6.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 63.0% | 59.5% | 70.5% | 7 |
| 2010s | 58.0% | 54.3% | 60.3% | 10 |
| 2020s | 50.3% | 48.7% | 51.9% | 2 |
Countries ranked near Philippines
More financial sector data for Philippines
- Total reserves (gold at national valuation) (SDR), annual growth rate -0.6712 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 692.97 SDR per person (2025)
- Total reserves in months of imports, annual growth rate -0.1559 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -8.19 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1313 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 547.61 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -7.77 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 576.82 SDR per person (2025)
Frequently asked questions
- What is bank cost to income ratio in Philippines?
- Bank cost to income ratio in Philippines was 51.9% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank cost to income ratio recorded in Philippines?
- The highest recorded value was 70.5% in 2008.
- What is the lowest bank cost to income ratio recorded in Philippines?
- The lowest recorded value was 48.7% in 2020.
- How does Philippines rank for bank cost to income ratio?
- Philippines ranks 105th out of 169 countries with data for 2021.
- Is bank cost to income ratio rising or falling in Philippines?
- Over the last ten years it is down 13.1%. 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 cost to income ratio (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from Bankscope. Data2090 / (data2080 + data2085). All Numerator and denominator are first aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.