Bank Z-score in Philippines
Philippines: Bank Z-score was 24.13 in 2021. ▼ Falling
Bank Z-score in Philippines, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD).
Analysis
In 2021, bank z-score in Philippines stood at 24.13.
That represents a change of up 8.9% on the previous year and up 11.7% over ten years.
Over the whole period, bank z-score in Philippines peaked at 38.58 in 2002 and was at its lowest, 16.83, in 2008.
That places Philippines 35th out of 170 countries with data for 2021, putting it in the top quarter.
The long-run direction has been consistently falling across the 21 years of available data.
Bank Z-score in Philippines, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 29.46 | — |
| 2002 | 38.58 | +31.0% |
| 2003 | 33.05 | -14.3% |
| 2004 | 21.72 | -34.3% |
| 2005 | 19.98 | -8.0% |
| 2006 | 20.84 | +4.3% |
| 2007 | 20.39 | -2.1% |
| 2008 | 16.83 | -17.4% |
| 2009 | 18.25 | +8.4% |
| 2010 | 19.8 | +8.5% |
| 2011 | 21.6 | +9.1% |
| 2012 | 23.34 | +8.1% |
| 2013 | 19.76 | -15.3% |
| 2014 | 19.79 | +0.1% |
| 2015 | 20.7 | +4.6% |
| 2016 | 20.51 | -0.9% |
| 2017 | 21.11 | +2.9% |
| 2018 | 21.55 | +2.1% |
| 2019 | 22.45 | +4.2% |
| 2020 | 22.17 | -1.3% |
| 2021 | 24.13 | +8.9% |
Philippines compared with similar countries
- Philippines's 24.13 is above the median for upper middle income countries, which is 15.47, 1.6× the median. (48 countries reporting)
- Philippines's 24.13 is above the median for East Asia & Pacific, which is 20, 1.2× the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24.34 | 16.83 | 38.58 | 9 |
| 2010s | 21.06 | 19.76 | 23.34 | 10 |
| 2020s | 23.15 | 22.17 | 24.13 | 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 z-score in Philippines?
- Bank z-score in Philippines was 24.13 in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank z-score recorded in Philippines?
- The highest recorded value was 38.58 in 2002.
- What is the lowest bank z-score recorded in Philippines?
- The lowest recorded value was 16.83 in 2008.
- How does Philippines rank for bank z-score?
- Philippines ranks 35th out of 170 countries with data for 2021.
- Is bank z-score rising or falling in Philippines?
- Over the last ten years it is up 11.7%. 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 Z-score. 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
It captures the probability of default of a country's banking system. Z-score compares the buffer of a country's banking system (capitalization and returns) with the volatility of those returns. It is estimated as (ROA+(equity/assets))/sd(ROA); sd(ROA) is the standard deviation of ROA. ROA, equity, and assets are country-level aggregate figures Calculated from underlying bank-by-bank unconsolidated data from Bankscope.