Foreign banks among total banks in Philippines
Philippines: Foreign banks among total banks was 12.0% in 2013. ▼ Falling
Foreign banks among total banks in Philippines, 1995–2013
Source: Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10. Measured in %.
Analysis
In 2013, foreign banks among total banks in Philippines stood at 12.0%.
That represents a change of unchanged over ten years.
Over the whole period, foreign banks among total banks in Philippines peaked at 17.0% in 1999 and was at its lowest, 11.0%, in 2010.
Philippines ranks 113th of 137 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Foreign banks among total banks in Philippines, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 12.0% | — |
| 1996 | 15.0% | +25.0% |
| 1997 | 15.0% | +0.0% |
| 1998 | 16.0% | +6.7% |
| 1999 | 17.0% | +6.2% |
| 2000 | 17.0% | +0.0% |
| 2001 | 16.0% | -5.9% |
| 2002 | 14.0% | -12.5% |
| 2003 | 12.0% | -14.3% |
| 2004 | 14.0% | +16.7% |
| 2005 | 14.0% | +0.0% |
| 2006 | 15.0% | +7.1% |
| 2007 | 15.0% | +0.0% |
| 2008 | 15.0% | +0.0% |
| 2009 | 13.0% | -13.3% |
| 2010 | 11.0% | -15.4% |
| 2011 | 11.0% | +0.0% |
| 2012 | 12.0% | +9.1% |
| 2013 | 12.0% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.0% | 12.0% | 17.0% | 5 |
| 2000s | 14.5% | 12.0% | 17.0% | 10 |
| 2010s | 11.5% | 11.0% | 12.0% | 4 |
Countries ranked near Philippines
More financial sector data for Philippines
- 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)
- Total reserves (gold at market value) (SDR), annual growth rate -0.5283 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 693.56 SDR per person (2025)
Frequently asked questions
- What is foreign banks among total banks in Philippines?
- Foreign banks among total banks in Philippines was 12.0% in 2013, according to Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10.
- What is the highest foreign banks among total banks recorded in Philippines?
- The highest recorded value was 17.0% in 1999.
- What is the lowest foreign banks among total banks recorded in Philippines?
- The lowest recorded value was 11.0% in 2010.
- How does Philippines rank for foreign banks among total banks?
- Philippines ranks 113th out of 137 countries with data for 2013.
- Is foreign banks among total banks rising or falling in Philippines?
- Over the last ten years it is unchanged. The long-run trend across the full record is falling.
- Where does this Philippines data come from?
- The figures come from Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10, published as part of Foreign banks among total banks (%). Statizoid updates them automatically from the source API.
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About this data
Percentage of the number of foreign owned banks to the number of the total banks in an Economy. A foreign bank is a bank where 50 percent or more of its shares are owned by foreigners.