Financial Institutions Depth Index in Philippines
Philippines: Financial Institutions Depth Index was 0.1952 in 2020. β² Rising
Financial Institutions Depth Index in Philippines, 1980β2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions depth index in Philippines stood at 0.1952. That is the highest value across all 41 years on record.
Compared with earlier readings it is up 10.3% on the previous year and up 61.7% over ten years.
Over the whole period, financial institutions depth index in Philippines peaked at 0.1952 in 2020 and was at its lowest, 0.0621, in 1986.
That places Philippines 90th out of 183 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0904 | 0.0621 | 0.1231 | 10 |
| 1990s | 0.1193 | 0.0783 | 0.1662 | 10 |
| 2000s | 0.1269 | 0.1149 | 0.1347 | 10 |
| 2010s | 0.1574 | 0.1208 | 0.177 | 10 |
| 2020s | 0.1952 | 0.1952 | 0.1952 | 1 |
Countries ranked near Philippines
- 87 Iran, Islamic Republic of 0.2061 compare
- 88 Russian Federation 0.2048 compare
- 89 Lithuania, Republic of 0.2005 compare
- 91 Bosnia and Herzegovina 0.1935 compare
- 92 Kenya 0.1909 compare
- 93 Maldives 0.1903 compare
More financial sector data for Philippines
- Net domestic credit (current LCU), per capita 194,178 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 46.56 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 10.49 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 149.63 million SDR (2025)
- Gold reserves at market value 13.63 billion SDR (2025)
- Reserves excluding gold, foreign exchange 63.95 billion SDR (2025)
- Reserves excluding gold 67.36 billion SDR (2025)
- Total reserves (gold at market value) 81.00 billion SDR (2025)
- Total reserves (gold at national valuation) 80.93 billion SDR (2025)
- Domestic credit to private sector by banks 52.1% (2025)
Frequently asked questions
- What is financial institutions depth index in Philippines?
- Financial institutions depth index in Philippines was 0.1952 in 2020, according to International Monetary Fund.
- What is the highest financial institutions depth index recorded in Philippines?
- The highest recorded value was 0.1952 in 2020.
- What is the lowest financial institutions depth index recorded in Philippines?
- The lowest recorded value was 0.0621 in 1986.
- How does Philippines rank for financial institutions depth index?
- Philippines ranks 90th out of 183 countries with data for 2020.
- Is financial institutions depth index rising or falling in Philippines?
- Over the last ten years it is up 61.7%. 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 Depth Index. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 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.