Bank non-performing loans to gross loans in Philippines
Philippines: Bank non-performing loans to gross loans was 3.5% in 2020. ◆ Volatile
Bank non-performing loans to gross loans in Philippines, 1998–2020
Source: Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for bank non-performing loans to gross loans in Philippines is 3.5%, measured in 2020.
That represents a change of up 78.9% on the previous year and up 4.5% over ten years.
Over the whole period, bank non-performing loans to gross loans in Philippines peaked at 27.7% in 2001 and was at its lowest, 1.6%, in 2017.
Philippines ranks 78th of 141 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Bank non-performing loans to gross loans in Philippines, year by year
| Year | % | Change |
|---|---|---|
| 1998 | 12.4% | — |
| 1999 | 14.6% | +17.7% |
| 2000 | 24.0% | +64.4% |
| 2001 | 27.7% | +15.4% |
| 2002 | 14.6% | -47.3% |
| 2003 | 16.1% | +10.3% |
| 2004 | 14.4% | -10.6% |
| 2005 | 10.0% | -30.6% |
| 2006 | 7.5% | -25.0% |
| 2007 | 5.8% | -22.7% |
| 2008 | 4.6% | -20.7% |
| 2009 | 3.5% | -23.9% |
| 2010 | 3.4% | -3.4% |
| 2011 | 2.6% | -24.4% |
| 2012 | 2.2% | -13.0% |
| 2013 | 2.4% | +9.8% |
| 2014 | 2.0% | -17.1% |
| 2015 | 1.9% | -6.9% |
| 2016 | 1.7% | -9.0% |
| 2017 | 1.6% | -8.0% |
| 2018 | 1.7% | +6.0% |
| 2019 | 2.0% | +18.0% |
| 2020 | 3.5% | +78.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13.5% | 12.4% | 14.6% | 2 |
| 2000s | 12.8% | 3.5% | 27.7% | 10 |
| 2010s | 2.1% | 1.6% | 3.4% | 10 |
| 2020s | 3.5% | 3.5% | 3.5% | 1 |
Countries ranked near Philippines
More financial sector data for Philippines
- Total reserves in months of imports, annual growth rate -0.1559 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -8.19 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1313 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 547.61 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -7.77 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 576.82 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate -0.5283 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 693.56 SDR per person (2025)
Frequently asked questions
- What is bank non-performing loans to gross loans in Philippines?
- Bank non-performing loans to gross loans in Philippines was 3.5% in 2020, according to Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF).
- What is the highest bank non-performing loans to gross loans recorded in Philippines?
- The highest recorded value was 27.7% in 2001.
- What is the lowest bank non-performing loans to gross loans recorded in Philippines?
- The lowest recorded value was 1.6% in 2017.
- How does Philippines rank for bank non-performing loans to gross loans?
- Philippines ranks 78th out of 141 countries with data for 2020.
- Is bank non-performing loans to gross loans rising or falling in Philippines?
- Over the last ten years it is up 4.5%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF), published as part of Bank non-performing loans to gross loans (%). Statizoid updates them automatically from the source API.
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About this data
Reported by IMF staff. Note that due to differences in national accounting, taxation, and supervisory regimes, these data are not strictly comparable across countries.