Bank Depositors Statistics in Philippines (2026)

In 2021, commercial bank depositors in the Philippines stood at 755.1 per 1,000 adults, according to World Bank World Development Indicators data. Up from 686.5 per 1,000 adults in 2020 to 755.1 per 1,000 adults in 2021. Philippines ranks #7 of 12 economies in East Asia & Pacific on this measure, and #57 of 95 globally.

Latest value (2021)
755.1 per 1,000 adults (2021)
Bank Depositors in the Philippines as of 2021, the most recent observation in World Bank World Development Indicators data.
Change since 2020
+10% (2021)
Up from 686.5 per 1,000 adults in 2020 to 755.1 per 1,000 adults in 2021.
CAGR 2008–2021
+5.7% per year (2021)
Compound annual growth rate from 365.8 per 1,000 adults in 2008 to 755.1 per 1,000 adults in 2021.
Earliest value in this dataset (2008)
365.8 per 1,000 adults (2008)
Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 365.8 per 1,000 adults in 2008 to 755.1 per 1,000 adults in 2021.
Record high (2021)
755.1 per 1,000 adults (2021)
The 2021 value is the highest in the available World Bank World Development Indicators series for the Philippines.
Rank in East Asia & Pacific
#7 of 12 (2021)
The Philippines ranks 7 of 12 countries in East Asia & Pacific with data, based on each country's latest value.
Global rank
#57 of 95 (2021)
The Philippines ranks 57 of 95 countries with data globally.
East Asia & Pacific average
1,117.2 per 1,000 adults (2021)
The Philippines (755.1 per 1,000 adults) is below the average of 1,117.2 per 1,000 adults across the 12 countries in East Asia & Pacific with data.
Projected 2026 value
1,089.1 per 1,000 adults (2026)
Projection based on 7-year trend (CAGR 7.6%); not an official figure.
Number of depositors with commercial banks per 1,000 adults (2024)
1,029.4 per 1,000 adults (2024)
Related indicator from IMF Financial Access Survey (alternative source for cross-checking; not merged with the main series).
Internet use in the Philippines (2024)
67.3% (2024)
67.3% of the population in the Philippines used the internet in 2024 (World Bank); shown for context only.
Population (2024)
115.8 million (2024)
The Philippines had a population of 115.8 million in 2024 (World Bank); shown for scale only.
Bank Depositors in Philippines by year (per 1,000 adults)
Year per 1,000 adults Change
2021 755+10.0%
2020 687+4.3%
2019 658+14.3%
2018 576+13.6%
2017 507+4.5%
2016 485+2.8%
2015 472+4.4%
2014 452+4.4%
2013 433−0.3%
2012 435−0.2%
2011 435+15.6%
2010 377+3.4%
2009 364−0.4%
2008 366
Bank Depositors in Philippines, 2008–2021Line chart of 14 observations from 2008 to 2021. Values range from 364 to 755; the series starts at 366 in 2008 and ends at 755 in 2021.300400500600700800200820152021366755
Fig. 1 — Bank Depositors in Philippines, 2008–2021

Frequently asked questions

What is the latest figure for commercial bank depositors in the Philippines?

Commercial bank depositors in the Philippines stood at 755.1 per 1,000 adults in 2021, according to World Bank World Development Indicators data.

What could bank depositors in the Philippines look like in 2026?

A trend-based projection puts it at 1,089.1 per 1,000 adults in 2026. Projection based on 7-year trend (CAGR 7.6%); not an official figure.

How recent is the bank depositors data for the Philippines?

The most recent observation is from 2021. World Bank World Development Indicators data is reported with a lag, so 2021 is the latest available year for the Philippines.

Where does the bank depositors data for the Philippines come from?

The data comes from the World Bank World Development Indicators (indicator FB.CBK.DPTR.P3). The latest observation for the Philippines is from 2021; the snapshot was retrieved on 2026-06-10.

Source: World Bank, World Development Indicators, indicator FB.CBK.DPTR.P3, retrieved .

Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.

Last updated .