According to a survey on financial inclusion in the Philippines in 2021, respondents between the age of 30 and 39 had the highest formal account ownership rate at 65 percent. Respondents aged 20 to 29 and 40 to 49 years also had an ownership rate of over 60 percent. Overall, 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.
Share of Filipinos with a formal account from a financial provider in 2021, by age group
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- Formal account ownership rate Philippines 2021, by gender
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Statistics
- Formal account ownership rate Philippines 2021, by gender
- Share of formal account owners from financial provider Philippines 2019, by location
- Formal account ownership rate Philippines 2021, by area
- Number of current accounts in the UK 2017, by age group
- Number of adults with retail banking or savings accounts in the UK 2017, by type
- Number of savings accounts in the UK 2017, by age group
- Share of population with bank accounts in Africa 2014, by region
- People without a bank account in 2009, by region
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- Customer usage of current account with Barclays in the United Kingdom (UK) 2015
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BSP. (August 22, 2022). Share of Filipinos with a formal account from a financial provider in 2021, by age group [Graph]. In Statista. Retrieved June 01, 2024, from https://www.statista.com/statistics/1050793/philippines-share-formal-account-ownership-from-financial-provider-by-age-group/
BSP. "Share of Filipinos with a formal account from a financial provider in 2021, by age group." Chart. August 22, 2022. Statista. Accessed June 01, 2024. https://www.statista.com/statistics/1050793/philippines-share-formal-account-ownership-from-financial-provider-by-age-group/
BSP. (2022). Share of Filipinos with a formal account from a financial provider in 2021, by age group. Statista. Statista Inc.. Accessed: June 01, 2024. https://www.statista.com/statistics/1050793/philippines-share-formal-account-ownership-from-financial-provider-by-age-group/
BSP. "Share of Filipinos with a Formal Account from a Financial Provider in 2021, by Age Group." Statista, Statista Inc., 22 Aug 2022, https://www.statista.com/statistics/1050793/philippines-share-formal-account-ownership-from-financial-provider-by-age-group/
BSP, Share of Filipinos with a formal account from a financial provider in 2021, by age group Statista, https://www.statista.com/statistics/1050793/philippines-share-formal-account-ownership-from-financial-provider-by-age-group/ (last visited June 01, 2024)
Share of Filipinos with a formal account from a financial provider in 2021, by age group [Graph], BSP, August 22, 2022. [Online]. Available: https://www.statista.com/statistics/1050793/philippines-share-formal-account-ownership-from-financial-provider-by-age-group/