Philippines: Banking system capital to assets

The latest value from 2020 is 11.14 percent, an increase from 11.01 percent in 2019. In comparison, the world average is 10.50 percent, based on data from 105 countries. Historically, the average for the Philippines from 1998 to 2020 is 11.46 percent. The minimum value, 8.9 percent, was reached in 2008 while the maximum of 14.5 percent was recorded in 1999. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Ratio of bank capital and reserves to total assets. Capital and reserves include funds contributed by owners, retained earnings, general and special reserves, provisions, and valuation adjustments. Capital includes tier 1 capital (paid-up shares and common stock), which is a common feature in all countries' banking systems, and total regulatory capital, which includes several specified types of subordinated debt instruments that need not be repaid if the funds are required to maintain minimum capital levels (these comprise tier 2 and tier 3 capital). Total assets include all nonfinancial and financial assets. Reported by IMF staff. Note that due to differences in national accounting, taxation, and supervisory regimes, these data are not strictly comparable across countries.