Domestic credit provided by financial sector in Philippines
Philippines: Domestic credit provided by financial sector was 104.5% in 2025. ▲ Rising
Domestic credit provided by financial sector in Philippines, 2017–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Philippines recorded 104.5% for domestic credit provided by financial sector in 2025. That is the highest value across all 9 years on record.
That represents a change of up 4.6% on the previous year and up 26.9% over ten years.
Over the whole period, domestic credit provided by financial sector in Philippines peaked at 104.5% in 2025 and was at its lowest, 82.3%, in 2017.
That places Philippines 13th out of 65 countries with data for 2025, putting it in the top quarter.
Domestic credit provided by financial sector in Philippines, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2017 | 82.3% | — |
| 2018 | 82.9% | +0.6% |
| 2019 | 86.5% | +4.4% |
| 2020 | 100.3% | +15.9% |
| 2021 | 100.8% | +0.5% |
| 2022 | 98.5% | -2.3% |
| 2023 | 98.9% | +0.3% |
| 2024 | 99.8% | +1.0% |
| 2025 | 104.5% | +4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 83.9% | 82.3% | 86.5% | 3 |
| 2020s | 100.5% | 98.5% | 104.5% | 6 |
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 domestic credit provided by financial sector in Philippines?
- Domestic credit provided by financial sector in Philippines was 104.5% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit provided by financial sector recorded in Philippines?
- The highest recorded value was 104.5% in 2025.
- What is the lowest domestic credit provided by financial sector recorded in Philippines?
- The lowest recorded value was 82.3% in 2017.
- How does Philippines rank for domestic credit provided by financial sector?
- Philippines ranks 13th out of 65 countries with data for 2025.
- Is domestic credit provided by financial sector rising or falling in Philippines?
- Over the last ten years it is up 26.9%. The long-run trend across the full record is rising.
- Where does this Philippines data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit provided by financial sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit provided by the financial sector includes all credit to various sectors on a gross basis, with the exception of credit to the central government, which is net. The financial sector includes monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.