Number of bank deposit accounts Philippines Q4 2015-Q4 2023

Published by
Christy Balita
,
Dec 5, 2024

As of the fourth quarter of 2023, there were around 122 million deposit accounts in the Philippines. This indicated an increase of about 20 million from the fourth quarter of 2022. In 2019, the deposit interest rate in the country was at 4.08 percent. 

Number of bank deposit accounts in the Philippines from 4th quarter 2015 to 4th quarter 2023 (in millions)

CharacteristicNumber of deposit accounts in millions
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Statistic: Number of bank deposit accounts in the Philippines from 4th quarter 2015 to 4th quarter 2023 (in millions)

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Release date

October 2024

Region

Philippines

Survey time period

Q4 2015 to Q4 2023

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Topics

Banking in the PhilippinesE-commerce in the PhilippinesMobile apps in the PhilippinesDigital payments in the PhilippinesFintech in the Philippines
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