Philippines: Firms using credit to finance investment

* indicates monthly or quarterly data series
 Philippines

Firms using bank credit to finance investment, percent of all firms

 Latest value 12.40
 Year 2015
 Measure percent
 Data availability 2009 - 2015
 Average 17.15
 Min - Max 12.40 - 21.90
 Source The World Bank
The latest value from 2015 is 12.4 percent, a decline from 21.9 percent in 2009. In comparison, the world average is 27.61 percent, based on data from 8 countries. Historically, the average for the Philippines from 2009 to 2015 is 17.15 percent. The minimum value, 12.4 percent, was reached in 2015 while the maximum of 21.9 percent was recorded in 2009. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Philippines - Firms using credit to finance investment - Recent values chart




Definition: Percentage of firms using banks to finance purchases of fixed assets.

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 Related indicators Latest Reference Measure
 ATMs per 100,000 adults 29.37 2021 ATMs per 100,000 adults
 Bank accounts per 1000 adults 686.50 2020 bank accounts
 Bank branches per 100,000 people 9.17 2020 bank branches
 Firms using credit to finance investment 12.40 2015 percent
 Small firms with bank credit 22.60 2015 percent
 Percent people with credit cards 8.09 2021 percent
 Percent people with debit cards 29.82 2021 percent
 Domestic credit to the private sector 52.04 2020 percent
 Bank credit to the private sector 48.30 2023 percent
 Liquid liabilities, percent of GDP 70.42 2021 percent
 Bank assets to GDP 71.03 2021 percent
 Financial system deposits, percent of GDP 77.74 2021 percent
 Bank credit to government 18.15 2020 percent
 Banking system concentration 52.25 2021 percent
 Foreign bank assets 1.00 2013 percent of total bank assets
 Percent people with bank accounts 45.98 2021 percent
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