Financial Institutions Access Index in Philippines
Philippines: Financial Institutions Access Index was 0.2353 in 2020. ▲ Rising
Financial Institutions Access Index in Philippines, 1980–2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions access index in Philippines stood at 0.2353. That is the highest value across all 41 years on record.
The figure is up 1.3% on the previous year and up 54.6% over ten years.
Over the whole period, financial institutions access index in Philippines peaked at 0.2353 in 2020 and was at its lowest, 0.0758, in 1986.
Philippines ranks 117th of 183 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Financial Institutions Access Index in Philippines, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.1262 | — |
| 1981 | 0.1289 | +2.2% |
| 1982 | 0.13 | +0.9% |
| 1983 | 0.122 | -6.2% |
| 1984 | 0.1112 | -8.9% |
| 1985 | 0.0892 | -19.8% |
| 1986 | 0.0758 | -15.1% |
| 1987 | 0.0888 | +17.1% |
| 1988 | 0.0946 | +6.6% |
| 1989 | 0.0946 | -0.0% |
| 1990 | 0.0992 | +4.9% |
| 1991 | 0.0949 | -4.3% |
| 1992 | 0.0995 | +4.8% |
| 1993 | 0.111 | +11.5% |
| 1994 | 0.1228 | +10.7% |
| 1995 | 0.1274 | +3.7% |
| 1996 | 0.131 | +2.9% |
| 1997 | 0.1381 | +5.4% |
| 1998 | 0.1229 | -11.0% |
| 1999 | 0.1249 | +1.6% |
| 2000 | 0.137 | +9.7% |
| 2001 | 0.1261 | -8.0% |
| 2002 | 0.128 | +1.5% |
| 2003 | 0.1369 | +7.0% |
| 2004 | 0.1383 | +1.0% |
| 2005 | 0.1409 | +1.9% |
| 2006 | 0.1425 | +1.1% |
| 2007 | 0.1404 | -1.5% |
| 2008 | 0.1438 | +2.4% |
| 2009 | 0.1466 | +1.9% |
| 2010 | 0.1521 | +3.8% |
| 2011 | 0.1609 | +5.8% |
| 2012 | 0.1731 | +7.6% |
| 2013 | 0.1902 | +9.9% |
| 2014 | 0.2 | +5.2% |
| 2015 | 0.21 | +5.0% |
| 2016 | 0.2197 | +4.6% |
| 2017 | 0.2263 | +3.0% |
| 2018 | 0.23 | +1.6% |
| 2019 | 0.2323 | +1.0% |
| 2020 | 0.2353 | +1.3% |
Philippines compared with similar countries
- Philippines's 0.2353 is below the median for upper middle income countries, which is 0.3583, 66% of the median. (54 countries reporting)
- Philippines's 0.2353 is below the median for East Asia & Pacific, which is 0.3555, 66% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.1061 | 0.0758 | 0.13 | 10 |
| 1990s | 0.1172 | 0.0949 | 0.1381 | 10 |
| 2000s | 0.1381 | 0.1261 | 0.1466 | 10 |
| 2010s | 0.1995 | 0.1521 | 0.2323 | 10 |
| 2020s | 0.2353 | 0.2353 | 0.2353 | 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 financial institutions access index in Philippines?
- Financial institutions access index in Philippines was 0.2353 in 2020, according to International Monetary Fund.
- What is the highest financial institutions access index recorded in Philippines?
- The highest recorded value was 0.2353 in 2020.
- What is the lowest financial institutions access index recorded in Philippines?
- The lowest recorded value was 0.0758 in 1986.
- How does Philippines rank for financial institutions access index?
- Philippines ranks 117th out of 183 countries with data for 2020.
- Is financial institutions access index rising or falling in Philippines?
- Over the last ten years it is up 54.6%. The long-run trend across the full record is rising.
- Where does this Philippines data come from?
- The figures come from International Monetary Fund, published as part of Financial Institutions Access Index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.