Bank deposits to GDP (%) in Philippines was reported at 77.74 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Philippines - Bank deposits to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2023.


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 philippines bank deposits to gdp percent wb data


Demand, time and saving deposits in deposit money banks as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Bank deposits (IFS lines 24 and 25); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).


Philippines | World Bank Development Indicators