Philippines: Household credit
* indicates monthly or quarterly data series
The most recent value is 2454.03 billion Philippine Peso as of Q3 2024, an increase compared to the previous value of 2362.1 billion Philippine Peso. Historically, the average for the Philippines from Q1 2009 to Q3 2024 is 979.25 billion Philippine Peso. The minimum of 280.67 billion Philippine Peso was recorded in Q2 2009, while the maximum of 2454.03 billion Philippine Peso was reached in Q3 2024.
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* indicates monthly or quarterly data series
- Measure: billion Philippine Peso
- Source: Central Bank of the Philippines
Recent values | Philippines: Household credit, billion currency units |
---|---|
2024  Q3 | 2454.03 |
2024  Q2 | 2362.1 |
2024  Q1 | 2265.87 |
2023  Q4 | 2202.41 |
2023  Q3 | 2102.13 |
2023  Q2 | 1987.4 |
2023  Q1 | 1926.17 |
2022  Q4 | 1893.45 |
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Definition: Household credit includes credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to households. Included are all credit institutions: domestic and foreign owned as well as private and public ones.
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 |