Broad money growth in Philippines
Philippines: Broad money growth was 7.8% in 2022. ◆ Volatile
Broad money growth in Philippines, 1961–2022
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
The most recent figure for broad money growth in Philippines is 7.8%, measured in 2022.
The figure is down 2.0% on the previous year and up 12.1% over ten years.
Over the whole period, broad money growth in Philippines peaked at 53.0% in 1983 and was at its lowest, 1.7%, in 1986.
That places Philippines 105th out of 166 countries with data for 2022, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money growth in Philippines, year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | 24.0% | — |
| 1962 | 19.8% | -17.6% |
| 1963 | 13.6% | -31.1% |
| 1964 | 3.3% | -76.0% |
| 1965 | 6.4% | +95.1% |
| 1966 | 15.4% | +141.3% |
| 1967 | 21.3% | +38.4% |
| 1968 | 10.5% | -50.6% |
| 1969 | 11.4% | +7.8% |
| 1970 | 12.6% | +10.7% |
| 1971 | 15.8% | +25.3% |
| 1972 | 14.0% | -11.3% |
| 1973 | 23.5% | +68.2% |
| 1974 | 16.3% | -30.7% |
| 1975 | 13.8% | -15.4% |
| 1976 | 28.1% | +103.3% |
| 1977 | 28.5% | +1.8% |
| 1978 | 24.2% | -15.1% |
| 1979 | 12.4% | -48.7% |
| 1980 | 20.6% | +65.7% |
| 1981 | 17.4% | -15.5% |
| 1982 | 18.5% | +6.1% |
| 1983 | 53.0% | +186.6% |
| 1984 | 17.9% | -66.1% |
| 1985 | 12.5% | -30.6% |
| 1986 | 1.7% | -86.4% |
| 1987 | 11.7% | +591.1% |
| 1988 | 23.3% | +99.3% |
| 1989 | 30.2% | +30.0% |
| 1990 | 22.4% | -25.9% |
| 1991 | 17.7% | -20.9% |
| 1992 | 13.1% | -26.0% |
| 1993 | 28.1% | +114.7% |
| 1994 | 26.7% | -5.0% |
| 1995 | 23.9% | -10.7% |
| 1996 | 23.7% | -0.6% |
| 1997 | 23.1% | -2.6% |
| 1998 | 8.6% | -62.9% |
| 1999 | 16.9% | +97.1% |
| 2000 | 8.1% | -51.9% |
| 2001 | 10.0% | +23.0% |
| 2002 | 10.0% | -0.2% |
| 2003 | 4.3% | -57.0% |
| 2004 | 10.7% | +150.1% |
| 2005 | 6.8% | -36.2% |
| 2006 | 23.5% | +242.8% |
| 2007 | 9.6% | -59.0% |
| 2008 | 10.0% | +4.5% |
| 2009 | 8.6% | -14.0% |
| 2010 | 10.9% | +26.1% |
| 2011 | 5.3% | -51.3% |
| 2012 | 7.0% | +31.5% |
| 2013 | 29.3% | +320.3% |
| 2014 | 12.4% | -57.6% |
| 2015 | 9.2% | -26.1% |
| 2016 | 13.3% | +44.9% |
| 2017 | 11.4% | -14.3% |
| 2018 | 9.0% | -21.2% |
| 2019 | 9.8% | +9.4% |
| 2020 | 8.7% | -12.0% |
| 2021 | 8.0% | -7.8% |
| 2022 | 7.8% | -2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 14.0% | 3.3% | 24.0% | 9 |
| 1970s | 18.9% | 12.4% | 28.5% | 10 |
| 1980s | 20.7% | 1.7% | 53.0% | 10 |
| 1990s | 20.4% | 8.6% | 28.1% | 10 |
| 2000s | 10.2% | 4.3% | 23.5% | 10 |
| 2010s | 11.8% | 5.3% | 29.3% | 10 |
| 2020s | 8.2% | 7.8% | 8.7% | 3 |
Countries ranked near Philippines
- 102 South Africa 8.2% compare
- 103 Bangladesh 8.1% compare
- 104 Gambia 7.8% compare
- 106 Macau (China) 7.5% compare
- 107 Czechia 7.3% compare
- 108 Timor-Leste 7.3% compare
More financial sector data for Philippines
- 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)
- Total reserves (gold at national valuation) (SDR), annual growth rate -0.6712 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 692.97 SDR per person (2025)
- Total reserves (gold at national valuation) 80.93 billion SDR (2025)
Frequently asked questions
- What is broad money growth in Philippines?
- Broad money growth in Philippines was 7.8% in 2022, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money growth recorded in Philippines?
- The highest recorded value was 53.0% in 1983.
- What is the lowest broad money growth recorded in Philippines?
- The lowest recorded value was 1.7% in 1986.
- How does Philippines rank for broad money growth?
- Philippines ranks 105th out of 166 countries with data for 2022.
- Is broad money growth rising or falling in Philippines?
- Over the last ten years it is up 12.1%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 62 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.