According to a survey on financial inclusion in the Philippines in 2021, around 56 percent of the total population in the Philippines currently have an account held in formal institutions such as banks, e-money issuers, cooperatives, and microfinance institutions. Across the different types of account owned, most Filipinos had an e-money account.
Share of Filipinos with a formal account from a financial provider in 2021
Characteristic
Share of adult population
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
BSP. (August 22, 2022). Share of Filipinos with a formal account from a financial provider in 2021 [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/1167509/philippines-share-of-adults-with-bank-account-ownership/
BSP. "Share of Filipinos with a formal account from a financial provider in 2021." Chart. August 22, 2022. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/1167509/philippines-share-of-adults-with-bank-account-ownership/
BSP. (2022). Share of Filipinos with a formal account from a financial provider in 2021. Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/1167509/philippines-share-of-adults-with-bank-account-ownership/
BSP. "Share of Filipinos with a Formal Account from a Financial Provider in 2021." Statista, Statista Inc., 22 Aug 2022, https://www.statista.com/statistics/1167509/philippines-share-of-adults-with-bank-account-ownership/
BSP, Share of Filipinos with a formal account from a financial provider in 2021 Statista, https://www.statista.com/statistics/1167509/philippines-share-of-adults-with-bank-account-ownership/ (last visited July 27, 2024)
Share of Filipinos with a formal account from a financial provider in 2021 [Graph], BSP, August 22, 2022. [Online]. Available: https://www.statista.com/statistics/1167509/philippines-share-of-adults-with-bank-account-ownership/