Philippines: Consumer credit
* indicates monthly or quarterly data series
The most recent value is 1473.43 billion Philippine Peso as of September 2024, an increase compared to the previous value of 1447.86 billion Philippine Peso. Historically, the average for the Philippines from December 2001 to September 2024 is 414.48 billion Philippine Peso. The minimum of 48.49 billion Philippine Peso was recorded in January 2002, while the maximum of 1473.43 billion Philippine Peso was reached in September 2024.
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* indicates monthly or quarterly data series
- Measure: billion Philippine Peso
- Source: Central Bank of the Philippines
| Recent values | Philippines: Consumer credit, billion currency units |
|---|---|
| 2024 Sep | 1473.43 |
| 2024 Aug | 1447.86 |
| 2024 Jul | 1424.47 |
| 2024 Jun | 1401.62 |
| 2024 May | 1373.01 |
| 2024 Apr | 1348.33 |
| 2024 Mar | 1324.37 |
| 2024 Feb | 1305.78 |
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Definition: Loans provided by commercial banks to households and individuals for the purchase of goods and services, excluding real estate. In billion local currency units.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 6.0 | 2023 | percent |
| Exchange rate regimes | 7 | 2022 | index points |
| USD exchange rate | 58.6847 | 11/2024 | Local Currency Units per USD |
| Money supply (broad money) | 16,993.91 | 8/2024 | billion |
| Consumer Price Index (CPI) | 127.0000 | 11/2024 | index points |
| Inflation, monthly | 0.40 | 11/2024 | percent |
| Inflation, annual | 2.50 | 11/2024 | percent |
| Private sector credit | 11,839.43 | Q3/2024 | billion |
| Business credit | 9,385.39 | 9/2024 | billion |
| Household credit | 2,454.03 | Q3/2024 | billion |
| Mortgage credit | 980.60 | Q3/2024 | billion |
| Consumer credit | 1,473.43 | 9/2024 | billion |
| Deposit interest rate | 4.56 | 8/2024 | percent |
| Policy rate | 6.00 | 11/2024 | percent |