Philippines: Bank credit to deposits

* indicates monthly or quarterly data series
 Philippines

Bank credit as percent of bank deposits

 Latest value 64.24
 Year 2021
 Measure percent
 Data availability 1960 - 2021
 Average 91.84
 Min - Max 49.93 - 164.85
 Source The International Monetary Fund
The latest value from 2021 is 64.24 percent, a decline from 67.42 percent in 2020. In comparison, the world average is 86.91 percent, based on data from 138 countries. Historically, the average for the Philippines from 1960 to 2021 is 91.84 percent. The minimum value, 49.93 percent, was reached in 2006 while the maximum of 164.85 percent was recorded in 1975. 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
Philippines - Bank credit to deposits - Recent values chart

Historical series
Philippines - Bank credit to deposits - historical chart - 1960-2021




Definition: The financial resources provided to the private sector by domestic money banks as a share of total deposits. Domestic money banks comprise commercial banks and other financial institutions that accept transferable deposits, such as demand deposits. Total deposits include demand, time and saving deposits in deposit money banks.

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 3.96 2021 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
This site uses cookies.
Learn more here


OK