Bank branches in the Philippines in 2024 — 8.09 per 100k. Ranked 102 in the world out of 153. Since 2004, the indicator has risen by 0.1%.
2004–2024 · per 100,000 adults
How the value compares with the world and the groups this territory belongs to: Philippines
| Year | per 100k | Change | Change, % |
|---|---|---|---|
| 2024 | 8.09 | −0.69 | −7.85% |
| 2023 | 8.78 | −0.16 | −1.74% |
| 2022 | 8.93 | +0.04 | +0.45% |
| 2021 | 8.89 | −0.16 | −1.72% |
| 2020 | 9.05 | −0.03 | −0.37% |
| 2019 | 9.08 | +0.19 | +2.08% |
| 2018 | 8.9 | +0.03 | +0.38% |
| 2017 | 8.86 | +0.15 | +1.71% |
| 2016 | 8.71 | +0.05 | +0.63% |
| 2015 | 8.66 | +0.13 | +1.58% |
| 2014 | 8.52 | +0.36 | +4.44% |
| 2013 | 8.16 | +0.28 | +3.53% |
| 2012 | 7.88 | +0.25 | +3.28% |
| 2011 | 7.63 | +0.09 | +1.16% |
| 2010 | 7.55 | +0.07 | +0.87% |
| 2009 | 7.48 | −0.05 | −0.63% |
| 2008 | 7.53 | +0.06 | +0.86% |
| 2007 | 7.46 | −0.23 | −3.03% |
| 2006 | 7.7 | −0.17 | −2.2% |
| 2005 | 7.87 | −0.21 | −2.57% |
| 2004 | 8.08 | — | — |
The same indicator for neighboring countries — with links to their pages
Cambodia
14.08
Indonesia
11.23
Philippines
8.09
Thailand
8.02
Malaysia
7.72
Singapore
5.89
Vietnam
3.1
Laos
3.02
The number of commercial bank branches per 100,000 adults. The indicator was conceived as a measure of access to financial services, but it now calls for care in reading: in countries where banking has moved onto the phone, branches are closing, and a falling value means not a loss of access but a change in its form. The clearest case is Kenya and other countries of East Africa, where mobile money reached the population bypassing branches altogether.
Important: A measure of the physical presence of banks, not of access to financial services. Where mobile payments are widespread, a low value does not indicate financial exclusion.
Source: World Development Indicators (World Bank), license CC BY 4.0.
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