Mobile Money Account Ownership Statistics in Philippines (2026)
As of the 2024 data, 28.8% of adults in the Philippines had a mobile money account, per World Bank Global Findex. Up from 21.7% in 2021 to 28.8% in 2024 (+7.1 percentage points). Philippines ranks #8 of 11 economies in East Asia & Pacific on this measure, and #44 of 87 globally.
Key Statistics
- Latest value (2024)
- 28.8% (2024)
- Mobile Money Account Ownership in the Philippines as of 2024, the most recent observation in World Bank Global Findex data.
- Change since 2021
- +7.1 pp (2024)
- Up from 21.7% in 2021 to 28.8% in 2024 (+7.1 percentage points).
- Earliest value in this dataset (2014)
- 4.2% (2014)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 4.2% in 2014 to 28.8% in 2024.
- Record high (2024)
- 28.8% (2024)
- The 2024 value is the highest in the available World Bank Global Findex series for the Philippines.
- Rank in East Asia & Pacific
- #8 of 11 (2024)
- The Philippines ranks 8 of 11 countries in East Asia & Pacific with data, based on each country's latest value.
- Global rank
- #44 of 87 (2024)
- The Philippines ranks 44 of 87 countries with data globally.
- East Asia & Pacific average
- 37.6% (2024)
- The Philippines (28.8%) is below the average of 37.6% across the 11 countries in East Asia & Pacific with data.
- Among women (2024)
- 31.1% (2024)
- Value for women in the Philippines, same 2024 World Bank Global Findex data.
- Among men (2024)
- 26.4% (2024)
- Value for men in the Philippines, same 2024 World Bank Global Findex data.
- Gender gap (women minus men)
- +4.7 pp (2024)
- In 2024, the figure was 31.1% for women and 26.4% for men — 4.7 percentage points higher among women.
- In rural areas (2024)
- 21% (2024)
- Value for rural residents of the Philippines in 2024.
- Rural gap vs national
- −7.8 pp (2024)
- Rural residents (21%) are 7.8 percentage points below the national figure (28.8%).
- Among the poorest 40% (2024)
- 14.5% (2024)
- Value for adults in the poorest 40% of households in the Philippines in 2024.
- Poorest-40% gap vs national
- −14.3 pp (2024)
- The poorest 40% (14.5%) are 14.3 percentage points below the national figure (28.8%).
- 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.
Trend, 2014–2024
| Year | % of adults (age 15+) | Change |
|---|---|---|
| 2024 | 28.8% | +7.1 pp |
| 2021 | 21.7% | +17.2 pp |
| 2017 | 4.5% | +0.3 pp |
| 2014 | 4.2% | — |
Frequently asked questions
What share of adults in the Philippines had a mobile money account?
28.8% of adults in the Philippines had a mobile money account in 2024, according to World Bank Global Findex data.
Where does the Philippines rank globally on mobile money account ownership?
The Philippines ranks 44 of 87 countries with data globally, based on the latest World Bank Global Findex value for each country.
Is there a gender gap in mobile money account ownership in the Philippines?
Yes — in 2024 the figure was 31.1% for women and 26.4% for men, a gap of 4.7 percentage points in favor of women.
Source & methodology
Source: World Bank Global Findex, indicator
mobileaccount.t.d, 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 .