Philippines: Legal rights
* indicates monthly or quarterly data series
Philippines |
Index of legal rights for creditors and borrowers (0 = weak to 12 = strong) |
---|---|
Latest value | 1.00 |
Year | 2019 |
Measure | points |
Data availability | 2013 - 2019 |
Average | 1.00 |
Min - Max | 1.00 - 1.00 |
Source | The World Bank |
The latest value from 2019 is 1 points, unchanged from 1 points in 2018. In comparison, the world average is 5.69 points, based on data from 186 countries. Historically, the average for the Philippines from 2013 to 2019 is 1 points. The minimum value, 1 points, was reached in 2013 while the maximum of 1 points was recorded in 2013.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
Recent data
The index of legal right for creditors and borrowers in the Philippines ranges from 0 (no rights) to 12 (strong rights). Stronger legal rights such as efficient bankruptcy procedures, rules for financial disclosure, clear property rights, etc. facilitate lending.
Definition: The strength of legal rights index measures whether certain features that facilitate lending exist within the applicable collateral and bankruptcy laws. The index ranges from 0 to 12 based on the methodology in the Doing Business 15-20 studies.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
All articles
Related indicators | Latest | Reference | Measure |
---|---|---|---|
Lending-deposit interest rate spread | 3.01 | 2019 | interest rate points |
Bank cost to income ratio | 51.94 | 2021 | percent |
Non-performing loans | 3.13 | 2022 | percent |
Bank overhead cost | 1.96 | 2021 | percent |
Net interest margin | 3.56 | 2021 | percent |
Bank credit to deposits | 64.24 | 2021 | percent |
Regulatory capital to risk-weighted assets | 16.33 | 2020 | percent |
Return on assets | 1.43 | 2021 | percent |
Return on equity | 11.32 | 2021 | percent |
Banking system z-scores | 24.13 | 2021 | index points |
Liquid assets to deposits | 22.91 | 2021 | percent |
Banking system capital to assets | 11.14 | 2020 | percent |
Non-interest income to total income | 22.47 | 2021 | percent |
Lending interest rate | 7.10 | 2019 | percent |
Real interest rate | 6.35 | 2019 | percent |
Legal rights | 1.00 | 2019 | points |
Credit information sharing | 7.00 | 2019 | points |