Financial Institutions Index in Philippines
Philippines: Financial Institutions Index was 0.3573 in 2020. β² Rising
Financial Institutions Index in Philippines, 1980β2020
Source: International Monetary Fund.
Analysis
Philippines recorded 0.3573 for financial institutions index in 2020. That is the highest value across all 41 years on record.
That represents a change of up 0.4% on the previous year and up 27.1% over ten years.
Over the whole period, financial institutions index in Philippines peaked at 0.3573 in 2020 and was at its lowest, 0.1861, in 1986.
That places Philippines 110th 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 | 0.2545 | 0.1861 | 0.3145 | 10 |
| 1990s | 0.2588 | 0.2365 | 0.2972 | 10 |
| 2000s | 0.2688 | 0.2561 | 0.2746 | 10 |
| 2010s | 0.3272 | 0.2811 | 0.3558 | 10 |
| 2020s | 0.3573 | 0.3573 | 0.3573 | 1 |
Countries ranked near Philippines
- 107 Sri Lanka 0.3666 compare
- 108 Honduras 0.3639 compare
- 109 Lithuania, Republic of 0.3632 compare
- 111 United Arab Emirates 0.3549 compare
- 112 Ukraine 0.3487 compare
- 113 Saudi Arabia 0.3394 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 index in Philippines?
- Financial institutions index in Philippines was 0.3573 in 2020, according to International Monetary Fund.
- What is the highest financial institutions index recorded in Philippines?
- The highest recorded value was 0.3573 in 2020.
- What is the lowest financial institutions index recorded in Philippines?
- The lowest recorded value was 0.1861 in 1986.
- How does Philippines rank for financial institutions index?
- Philippines ranks 110th out of 183 countries with data for 2020.
- Is financial institutions index rising or falling in Philippines?
- Over the last ten years it is up 27.1%. 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 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.