Philippines: Firms using credit to finance investment
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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.
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Recent data
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 |