Currency in circulation outside of depository corporations in Philippines
Philippines: Currency in circulation outside of depository corporations was 2.02 trillion Domestic currency in 2022. ◆ Volatile
Currency in circulation outside of depository corporations in Philippines, 2001–2022
Source: International Monetary Fund. Measured in Domestic currency.
Analysis
In 2022, currency in circulation outside of depository corporations in Philippines stood at 2.02 trillion Domestic currency. That is the highest value across all 22 years on record.
That represents a change of up 7.6% on the previous year and up 261.5% over ten years.
Over the whole period, currency in circulation outside of depository corporations in Philippines peaked at 2.02 trillion Domestic currency in 2022 and was at its lowest, 182.35 billion Domestic currency, in 2001.
Philippines ranks 28th of 145 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Currency in circulation outside of depository corporations in Philippines, year by year
| Year | Domestic currency | Change |
|---|---|---|
| 2001 | 182.35 billion Domestic currency | — |
| 2002 | 210.61 billion Domestic currency | +15.5% |
| 2003 | 228.96 billion Domestic currency | +8.7% |
| 2004 | 252.70 billion Domestic currency | +10.4% |
| 2005 | 266.83 billion Domestic currency | +5.6% |
| 2006 | 305.42 billion Domestic currency | +14.5% |
| 2007 | 344.80 billion Domestic currency | +12.9% |
| 2008 | 432.98 billion Domestic currency | +25.6% |
| 2009 | 461.49 billion Domestic currency | +6.6% |
| 2010 | 478.43 billion Domestic currency | +3.7% |
| 2011 | 514.93 billion Domestic currency | +7.6% |
| 2012 | 558.78 billion Domestic currency | +8.5% |
| 2013 | 640.34 billion Domestic currency | +14.6% |
| 2014 | 714.15 billion Domestic currency | +11.5% |
| 2015 | 791.43 billion Domestic currency | +10.8% |
| 2016 | 921.16 billion Domestic currency | +16.4% |
| 2017 | 1.05 trillion Domestic currency | +13.7% |
| 2018 | 1.23 trillion Domestic currency | +17.6% |
| 2019 | 1.40 trillion Domestic currency | +13.3% |
| 2020 | 1.73 trillion Domestic currency | +24.1% |
| 2021 | 1.88 trillion Domestic currency | +8.4% |
| 2022 | 2.02 trillion Domestic currency | +7.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 298.46 billion Domestic currency | 182.35 billion Domestic currency | 461.49 billion Domestic currency | 9 |
| 2010s | 829.44 billion Domestic currency | 478.43 billion Domestic currency | 1.40 trillion Domestic currency | 10 |
| 2020s | 1.88 trillion Domestic currency | 1.73 trillion Domestic currency | 2.02 trillion Domestic currency | 3 |
Countries ranked near Philippines
- 25 Mexico 3.26 trillion Domestic currency compare
- 26 Bangladesh 2.73 trillion Domestic currency compare
- 27 Thailand 2.30 trillion Domestic currency compare
- 29 Burkina Faso 1.60 trillion Domestic currency compare
- 30 Egypt 1.44 trillion Domestic currency compare
- 31 Burundi 1.25 trillion Domestic currency compare
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 currency in circulation outside of depository corporations in Philippines?
- Currency in circulation outside of depository corporations in Philippines was 2.02 trillion Domestic currency in 2022, according to International Monetary Fund.
- What is the highest currency in circulation outside of depository corporations recorded in Philippines?
- The highest recorded value was 2.02 trillion Domestic currency in 2022.
- What is the lowest currency in circulation outside of depository corporations recorded in Philippines?
- The lowest recorded value was 182.35 billion Domestic currency in 2001.
- How does Philippines rank for currency in circulation outside of depository corporations?
- Philippines ranks 28th out of 145 countries with data for 2022.
- Is currency in circulation outside of depository corporations rising or falling in Philippines?
- Over the last ten years it is up 261.5%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from International Monetary Fund, published as part of Currency in circulation outside of depository corporations (Domestic currency). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The Monetary and Financial Statistics (MFS), Monetary Aggregates dataset presents monetary aggregates based on standardized SRF data, while also reflecting country-specific components aligned with national definitions.