What is owns a credit card in Philippines?

Owns a credit card in Philippines was 3.0% in 2024, according to Global Findex Database.

What is the highest owns a credit card recorded in Philippines?

The highest recorded value was 8.1% in 2021.

What is the lowest owns a credit card recorded in Philippines?

The lowest recorded value was 1.9% in 2017.

How does Philippines rank for owns a credit card?

Philippines ranks 61st out of 115 countries with data for 2024.

Is owns a credit card rising or falling in Philippines?

Over the last ten years it is down 5.2%. The long-run trend across the full record is volatile.

Where does this Philippines data come from?

The figures come from Global Findex Database, published as part of Owns a credit card (% age 15+). Statizoid updates them automatically from the source API.

Owns a credit card in Philippines

Name: Owns a credit card in Philippines
Creator: Global Findex Database
License: CC BY 4.0 (World Bank Open Data)

Philippines: Owns a credit card was 3.0% in 2024. ◆ Volatile

Latest (2024)

3.0%

Change on year

down 62.5%

World rank

61st

of 115 countries

All-time high

8.1%

in 2021

All-time low

1.9%

in 2017

Years of data

2011–2024

Owns a credit card in Philippines, 2011–2024

Source: Global Findex Database. Measured in % age 15+.

Analysis

The most recent figure for owns a credit card in Philippines is 3.0%, measured in 2024.

Compared with earlier readings it is down 62.5% on the previous year and down 5.2% over ten years.

Over the whole period, owns a credit card in Philippines peaked at 8.1% in 2021 and was at its lowest, 1.9%, in 2017.

That places Philippines 61st out of 115 countries with data for 2024, putting it in the middle of the range.

Averages by decade

Decade	Average	Lowest	Highest	Years
2010s	2.8%	1.9%	3.2%	3
2020s	5.6%	3.0%	8.1%	2

Countries ranked near Philippines

58 Nicaragua 3.8% compare
59 Chad 3.5% compare
60 Nigeria 3.2% compare
62 Gabon 3.0% compare
63 Benin 3.0% compare
64 Cameroon 2.6% compare

See the full ranking of 125 places →

More reference data data for Philippines

Number of child deaths per woman 0.0712 under-five deaths per woman (2024)
Fertility rate vs. Human Development Index 1.92 live births per woman (2023)
Fertility rate: births per woman 1.92 live births per woman (2023)
Fertility rate: births per woman 1.92 live births per woman (2023)
Human Development Index 0.72 (2023)
Rule of Law - Governance estimate -0.574 approx. -2.5 to +2.5 (2024)
Rule of Law - Governance score 47.09 0-100 (2024)
Voice and Accountability - Governance estimate -0.3554 approx. -2.5 to +2.5 (2024)
Voice and Accountability - Governance score 50.63 0-100 (2024)
Political Stability - Governance score 52.67 0-100 (2024)

All data for Philippines →

Frequently asked questions

What is owns a credit card in Philippines?: Owns a credit card in Philippines was 3.0% in 2024, according to Global Findex Database.
What is the highest owns a credit card recorded in Philippines?: The highest recorded value was 8.1% in 2021.
What is the lowest owns a credit card recorded in Philippines?: The lowest recorded value was 1.9% in 2017.
How does Philippines rank for owns a credit card?: Philippines ranks 61st out of 115 countries with data for 2024.
Is owns a credit card rising or falling in Philippines?: Over the last ten years it is down 5.2%. The long-run trend across the full record is volatile.
Where does this Philippines data come from?: The figures come from Global Findex Database, published as part of Owns a credit card (% age 15+). Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator: Owns a credit card (% age 15+)
Unit: % age 15+
Source: Global Findex Database
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 125 places, 625 data points, 2011–2024
Last refreshed: 06 August 2026

The percentage of respondents who report having a credit card, (% age 15+)