Philippines: personal data that consumers are willing to share by segment 2021

According to a survey in 2021, 60 percent of respondents in the Philippines whose lives were impacted most by the pandemic stated that they would be comfortable providing their personal information to an insurance or financial company in exchange for assistance in meeting their individual savings goals. Meanwhile, among those whose lives were less impacted by the pandemic, 52 percent of respondents stated that they would be comfortable providing their personal information to an insurance or financial company in exchange for assistance in meeting their individual health-related goals. The Philippines was a country in the category of emerging markets, where the effects of the financial crisis were usually more severe for consumers.

Sources of personal data that consumers are willing to share with an insurance or financial company in the Philippines as of August 2021, by segment

Characteristic	Most impacted	Less impacted
-	-	-
-	-	-
-	-	-
-	-	-
-	-	-

Download

Source

Show detailed source information?

Already a member?

Source

Use Ask Statista Research Service

Release date

December 2021

More information

Region

Philippines

Survey time period

May and August 2021

Supplementary notes

The survey was conducted among consumers in the various countries including the Philippines. No information on the number of survey participants or the type of survey was provided by the source.

The respondents were classified into two segments: most impact and less impacted. According to the source, the most impacted segment in the country is typically younger (or those under 44 years old), with an annual household income of over 249 thousand Philippine pesos and with less than 120 thousand Philippine pesos in investible assets. They are also more likely to hold occupations where it is less feasible to work remotely.

Citation formats