Commercial bank branches in Philippines
Philippines: Commercial bank branches was 8.09 per 100,000 adults in 2024. ▲ Rising
Commercial bank branches in Philippines, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 100,000 adults.
Analysis
Philippines recorded 8.09 per 100,000 adults for commercial bank branches in 2024.
That represents a change of down 7.9% on the previous year and down 5.1% over ten years.
Over the whole period, commercial bank branches in Philippines peaked at 9.08 per 100,000 adults in 2019 and was at its lowest, 7.46 per 100,000 adults, in 2007.
That places Philippines 115th out of 185 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.69 per 100,000 adults | 7.46 per 100,000 adults | 8.08 per 100,000 adults | 6 |
| 2010s | 8.4 per 100,000 adults | 7.55 per 100,000 adults | 9.08 per 100,000 adults | 10 |
| 2020s | 8.75 per 100,000 adults | 8.09 per 100,000 adults | 9.05 per 100,000 adults | 5 |
Countries ranked near Philippines
More financial sector data for Philippines
- Domestic credit to private sector 52.1% (2025)
- Claims on central government, etc. 32.6% (2025)
- Total reserves in months of imports 7.33 (2025)
- Net domestic credit 22.68 trillion current LCU (2025)
- Net foreign assets 7.36 trillion current LCU (2025)
- Broad money 85.9% (2022)
- Domestic credit to private sector by banks 52.1% (2025)
- Official exchange rate 57.51 LCU per US$, period average (2025)
- Monetary Sector credit to private sector 52.1% (2025)
- Net migration -149,315 (2025)
Frequently asked questions
- What is commercial bank branches in Philippines?
- Commercial bank branches in Philippines was 8.09 per 100,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest commercial bank branches recorded in Philippines?
- The highest recorded value was 9.08 per 100,000 adults in 2019.
- What is the lowest commercial bank branches recorded in Philippines?
- The lowest recorded value was 7.46 per 100,000 adults in 2007.
- How does Philippines rank for commercial bank branches?
- Philippines ranks 115th out of 185 countries with data for 2024.
- Is commercial bank branches rising or falling in Philippines?
- Over the last ten years it is down 5.1%. The long-run trend across the full record is rising.
- Where does this Philippines data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Commercial bank branches (per 100,000 adults). Statizoid updates them automatically from the source API.
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CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Commercial bank branches are retail locations of resident commercial banks and other resident banks that function as commercial banks that provide financial services to customers and are physically separated from the main office but not organized as legally separated subsidiaries.