Commercial banks and other lending (PPG + PNG) in Philippines
Philippines: Commercial banks and other lending (PPG + PNG) was 985.28 million NFL, current US$ in 2024. ◆ Volatile
Latest (2024)
985.28 million NFL, current US$
Change on year
down 79.0%
World rank
13th
of 115 countries
All-time high
8.75 billion NFL, current US$
in 2013
All-time low
-2.67 billion NFL, current US$
in 2006
Years of data
55
1970–2024
Commercial banks and other lending (PPG + PNG) in Philippines, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.
Analysis
Philippines recorded 985.28 million NFL, current US$ for commercial banks and other lending (ppg + png) in 2024.
That represents a change of down 79.0% on the previous year and down 60.6% over ten years.
Over the whole period, commercial banks and other lending (ppg + png) in Philippines peaked at 8.75 billion NFL, current US$ in 2013 and was at its lowest, -2.67 billion NFL, current US$, in 2006.
Philippines ranks 13th of 115 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial banks and other lending (PPG + PNG) in Philippines, year by year
| Year | NFL, current US$ | Change |
|---|---|---|
| 1970 | 98.09 million NFL, current US$ | — |
| 1971 | -55.77 million NFL, current US$ | -156.9% |
| 1972 | 31.08 million NFL, current US$ | -155.7% |
| 1973 | -85.96 million NFL, current US$ | -376.6% |
| 1974 | 259.50 million NFL, current US$ | -401.9% |
| 1975 | 349.40 million NFL, current US$ | +34.6% |
| 1976 | 517.02 million NFL, current US$ | +48.0% |
| 1977 | 604.78 million NFL, current US$ | +17.0% |
| 1978 | 455.89 million NFL, current US$ | -24.6% |
| 1979 | 665.88 million NFL, current US$ | +46.1% |
| 1980 | 865.60 million NFL, current US$ | +30.0% |
| 1981 | 731.77 million NFL, current US$ | -15.5% |
| 1982 | 1.06 billion NFL, current US$ | +44.4% |
| 1983 | 729.19 million NFL, current US$ | -31.0% |
| 1984 | 263.49 million NFL, current US$ | -63.9% |
| 1985 | 868.82 million NFL, current US$ | +229.7% |
| 1986 | 352.94 million NFL, current US$ | -59.4% |
| 1987 | -472.39 million NFL, current US$ | -233.8% |
| 1988 | -515.61 million NFL, current US$ | +9.1% |
| 1989 | -104.06 million NFL, current US$ | -79.8% |
| 1990 | -286.24 million NFL, current US$ | +175.1% |
| 1991 | -212.19 million NFL, current US$ | -25.9% |
| 1992 | -1.29 billion NFL, current US$ | +508.1% |
| 1993 | -162.18 million NFL, current US$ | -87.4% |
| 1994 | -96.67 million NFL, current US$ | -40.4% |
| 1995 | -215.10 million NFL, current US$ | +122.5% |
| 1996 | -329.60 million NFL, current US$ | +53.2% |
| 1997 | 523.54 million NFL, current US$ | -258.8% |
| 1998 | 710.51 million NFL, current US$ | +35.7% |
| 1999 | 163.11 million NFL, current US$ | -77.0% |
| 2000 | -50.03 million NFL, current US$ | -130.7% |
| 2001 | 1.02 billion NFL, current US$ | -2142.3% |
| 2002 | -458.89 million NFL, current US$ | -144.9% |
| 2003 | -1.06 billion NFL, current US$ | +130.5% |
| 2004 | -513.54 million NFL, current US$ | -51.5% |
| 2005 | -652.61 million NFL, current US$ | +27.1% |
| 2006 | -2.67 billion NFL, current US$ | +309.7% |
| 2007 | -952.14 million NFL, current US$ | -64.4% |
| 2008 | -994.34 million NFL, current US$ | +4.4% |
| 2009 | -1.06 billion NFL, current US$ | +6.9% |
| 2010 | 1.33 billion NFL, current US$ | -225.6% |
| 2011 | 37.52 million NFL, current US$ | -97.2% |
| 2012 | -237.06 million NFL, current US$ | -731.9% |
| 2013 | 8.75 billion NFL, current US$ | -3792.0% |
| 2014 | 2.50 billion NFL, current US$ | -71.4% |
| 2015 | 2.28 billion NFL, current US$ | -8.8% |
| 2016 | -935.84 million NFL, current US$ | -141.0% |
| 2017 | -2.07 billion NFL, current US$ | +121.3% |
| 2018 | 2.32 billion NFL, current US$ | -212.0% |
| 2019 | -581.41 million NFL, current US$ | -125.1% |
| 2020 | -46.97 million NFL, current US$ | -91.9% |
| 2021 | -792.02 million NFL, current US$ | +1586.4% |
| 2022 | 1.01 billion NFL, current US$ | -227.3% |
| 2023 | 4.68 billion NFL, current US$ | +364.5% |
| 2024 | 985.28 million NFL, current US$ | -79.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 283.99 million NFL, current US$ | -85.96 million NFL, current US$ | 665.88 million NFL, current US$ | 10 |
| 1980s | 377.66 million NFL, current US$ | -515.61 million NFL, current US$ | 1.06 billion NFL, current US$ | 10 |
| 1990s | -119.50 million NFL, current US$ | -1.29 billion NFL, current US$ | 710.51 million NFL, current US$ | 10 |
| 2000s | -739.39 million NFL, current US$ | -2.67 billion NFL, current US$ | 1.02 billion NFL, current US$ | 10 |
| 2010s | 1.34 billion NFL, current US$ | -2.07 billion NFL, current US$ | 8.75 billion NFL, current US$ | 10 |
| 2020s | 1.17 billion NFL, current US$ | -792.02 million NFL, current US$ | 4.68 billion NFL, current US$ | 5 |
Countries ranked near Philippines
- 10 Serbia 1.51 billion NFL, current US$ compare
- 11 Argentina 1.31 billion NFL, current US$ compare
- 12 Paraguay 1.16 billion NFL, current US$ compare
- 14 Chad 931.49 million NFL, current US$ compare
- 15 Pakistan 834.85 million NFL, current US$ compare
- 16 Tanzania, United Republic of 777.70 million NFL, current US$ compare
More external debt data for Philippines
- IFC, private nonguaranteed 332.92 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 2.87 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0007 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 333.31 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 1.9% (2024)
- Net financial flows, IDA -2.33 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita -0.0201 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 2.25 billion NFL, current US$ (2024)
- Public and publicly guaranteed debt service 7.8% (2024)
Frequently asked questions
- What is commercial banks and other lending (ppg + png) in Philippines?
- Commercial banks and other lending (ppg + png) in Philippines was 985.28 million NFL, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest commercial banks and other lending (ppg + png) recorded in Philippines?
- The highest recorded value was 8.75 billion NFL, current US$ in 2013.
- What is the lowest commercial banks and other lending (ppg + png) recorded in Philippines?
- The lowest recorded value was -2.67 billion NFL, current US$ in 2006.
- How does Philippines rank for commercial banks and other lending (ppg + png)?
- Philippines ranks 13th out of 115 countries with data for 2024.
- Is commercial banks and other lending (ppg + png) rising or falling in Philippines?
- Over the last ten years it is down 60.6%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Commercial banks and other lending (PPG + PNG) (NFL, current US$). Statizoid updates them automatically from the source API.
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About this data
Commercial bank and other lending includes net commercial bank lending (public and publicly guaranteed and private non- guaranteed) and other private credits. Data are in current U.S. dollars. Proposed: Commercial bank and other lending includes net commercial bank and other private creditors lending excluding bonds (public and publicly guaranteed + private nonguaranteed).