External loans and deposits of reporting banks vis-à-vis the banking in Philippines
Philippines: External loans and deposits of reporting banks vis-à-vis the banking was 5.0% in 2021. ◆ Volatile
External loans and deposits of reporting banks vis-à-vis the banking in Philippines, 1995–2021
Source: Bank for International Settlements (BIS). Measured in % of domestic bank deposits.
Analysis
In 2021, external loans and deposits of reporting banks vis-à-vis the banking in Philippines stood at 5.0%.
The figure is down 11.3% on the previous year and down 51.2% over ten years.
Over the whole period, external loans and deposits of reporting banks vis-à-vis the banking in Philippines peaked at 27.0% in 2007 and was at its lowest, 4.8%, in 2012.
That places Philippines 132nd out of 180 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External loans and deposits of reporting banks vis-à-vis the banking in Philippines, year by year
| Year | % of domestic bank deposits | Change |
|---|---|---|
| 1995 | 12.4% | — |
| 1996 | 12.0% | -3.1% |
| 1997 | 14.4% | +19.7% |
| 1998 | 24.9% | +73.2% |
| 1999 | 26.4% | +6.2% |
| 2000 | 20.6% | -21.8% |
| 2001 | 18.6% | -9.8% |
| 2002 | 15.1% | -19.1% |
| 2003 | 14.2% | -5.7% |
| 2004 | 15.1% | +6.0% |
| 2005 | 19.1% | +26.8% |
| 2006 | 22.4% | +17.4% |
| 2007 | 27.0% | +20.5% |
| 2008 | 13.7% | -49.1% |
| 2009 | 12.6% | -8.3% |
| 2010 | 10.8% | -14.0% |
| 2011 | 10.2% | -6.1% |
| 2012 | 4.8% | -53.0% |
| 2013 | 6.7% | +40.3% |
| 2014 | 8.0% | +18.6% |
| 2015 | 7.4% | -7.2% |
| 2016 | 8.3% | +12.6% |
| 2017 | 7.0% | -15.5% |
| 2018 | 6.8% | -3.4% |
| 2019 | 4.8% | -29.2% |
| 2020 | 5.6% | +16.6% |
| 2021 | 5.0% | -11.3% |
Philippines compared with similar countries
- Philippines's 5.0% is below the median for upper middle income countries, which is 10.4%, 48% of the median. (53 countries reporting)
- Philippines's 5.0% is below the median for East Asia & Pacific, which is 10.2%, 49% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 18.0% | 12.0% | 26.4% | 5 |
| 2000s | 17.8% | 12.6% | 27.0% | 10 |
| 2010s | 7.5% | 4.8% | 10.8% | 10 |
| 2020s | 5.3% | 5.0% | 5.6% | 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 external loans and deposits of reporting banks vis-à-vis the banking in Philippines?
- External loans and deposits of reporting banks vis-à-vis the banking in Philippines was 5.0% in 2021, according to Bank for International Settlements (BIS).
- What is the highest external loans and deposits of reporting banks vis-à-vis the banking recorded in Philippines?
- The highest recorded value was 27.0% in 2007.
- What is the lowest external loans and deposits of reporting banks vis-à-vis the banking recorded in Philippines?
- The lowest recorded value was 4.8% in 2012.
- How does Philippines rank for external loans and deposits of reporting banks vis-à-vis the banking?
- Philippines ranks 132nd out of 180 countries with data for 2021.
- Is external loans and deposits of reporting banks vis-à-vis the banking rising or falling in Philippines?
- Over the last ten years it is down 51.2%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Bank for International Settlements (BIS), published as part of External loans and deposits of reporting banks vis-à-vis the banking sector (% of domestic bank deposits). Statizoid updates them automatically from the source API.
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About this data
Data is from BIS Statistical Appendix Table 7A minus 7B: External loans and deposits of reporting banks vis-à-vis all sectors minus external loans and deposits of reporting banks vis-à-vis nonbanking sectors; bank deposits from IFS (IFS lines 24 and 25). End of year data (i.e. December data) are used.