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 166 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.
Bank net interest margin (%) in Philippines, year by year
| Year | % | Change |
|---|---|---|
| 2003 | 5.6% | — |
| 2004 | 6.5% | +16.8% |
| 2005 | 5.0% | -23.4% |
| 2006 | 3.8% | -24.8% |
| 2007 | 4.3% | +12.9% |
| 2008 | 3.7% | -13.6% |
| 2009 | 3.9% | +6.2% |
| 2010 | 4.1% | +4.6% |
| 2011 | 3.7% | -8.7% |
| 2012 | 3.5% | -6.0% |
| 2013 | 3.2% | -7.5% |
| 2014 | 3.4% | +6.1% |
| 2015 | 3.5% | +0.8% |
| 2016 | 3.4% | -2.0% |
| 2017 | 3.6% | +5.8% |
| 2018 | 3.6% | -0.3% |
| 2019 | 3.9% | +9.8% |
| 2020 | 4.3% | +10.6% |
| 2021 | 3.6% | -18.2% |
Philippines compared with similar countries
- Philippines's 3.6% is above the median for upper middle income countries, which is 3.6%, 1.0× the median. (47 countries reporting)
- Philippines's 3.6% is above the median for East Asia & Pacific, which is 2.0%, 1.8× the median. (18 countries reporting)
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
- Reserve position in the IMF, US dollar, annual growth rate 7.66 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 6.23 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 2.52 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 4.55 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 7.66 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 6.23 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 2.52 % change on previous year (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 166 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.
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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.