Bank net interest margin in Philippines
Philippines: Bank net interest margin was 3.6% in 2021. ▼ Falling
Bank net interest margin in Philippines, 2003–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
The most recent figure for bank net interest margin in Philippines is 3.6%, measured in 2021.
That represents a change of down 18.2% on the previous year and down 4.5% over ten years.
Over the whole period, bank net interest margin in Philippines peaked at 6.5% in 2004 and was at its lowest, 3.2%, in 2013.
That places Philippines 68th out of 165 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.7% | 3.7% | 6.5% | 7 |
| 2010s | 3.6% | 3.2% | 4.1% | 10 |
| 2020s | 4.0% | 3.6% | 4.3% | 2 |
Countries ranked near Philippines
More financial sector data for Philippines
- Domestic credit to private sector by banks 52.1% (2025)
- Total reserves in months of imports 7.33 (2025)
- Net domestic credit 22.68 trillion current LCU (2025)
- Net foreign assets 7.36 trillion current LCU (2025)
- Monetary Sector credit to private sector 52.1% (2025)
- Broad money 85.9% (2022)
- Claims on central government, etc. 32.6% (2025)
- Domestic credit to private sector 52.1% (2025)
- Official exchange rate 57.51 LCU per US$, period average (2025)
- Net migration -149,315 (2025)
Frequently asked questions
- What is bank net interest margin in Philippines?
- Bank net interest margin in Philippines was 3.6% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank net interest margin recorded in Philippines?
- The highest recorded value was 6.5% in 2004.
- What is the lowest bank net interest margin recorded in Philippines?
- The lowest recorded value was 3.2% in 2013.
- How does Philippines rank for bank net interest margin?
- Philippines ranks 68th out of 165 countries with data for 2021.
- Is bank net interest margin rising or falling in Philippines?
- Over the last ten years it is down 4.5%. The long-run trend across the full record is falling.
- Where does this Philippines data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank net interest margin (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. Data2080[t] / ((data2010[t] + data2010[t-1])/2). Numerator and denominator are aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.