External loans and deposits of reporting banks vis-à-vis the in Philippines
Philippines: External loans and deposits of reporting banks vis-à-vis the was 2.9% in 2021. ▼ Falling
External loans and deposits of reporting banks vis-à-vis the 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 in Philippines stood at 2.9%. That is the lowest value across all 27 years on record.
That represents a change of down 17.2% on the previous year and down 54.7% over ten years.
Over the whole period, external loans and deposits of reporting banks vis-à-vis the in Philippines peaked at 10.9% in 2007 and was at its lowest, 2.9%, in 2021.
Philippines ranks 157th of 180 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 27 years of available data.
External loans and deposits of reporting banks vis-à-vis the in Philippines, year by year
| Year | % of domestic bank deposits | Change |
|---|---|---|
| 1995 | 10.2% | — |
| 1996 | 7.7% | -24.6% |
| 1997 | 7.0% | -8.2% |
| 1998 | 10.5% | +48.6% |
| 1999 | 9.3% | -11.4% |
| 2000 | 9.1% | -1.7% |
| 2001 | 10.2% | +12.5% |
| 2002 | 9.9% | -3.8% |
| 2003 | 9.5% | -3.9% |
| 2004 | 9.6% | +1.1% |
| 2005 | 9.4% | -2.1% |
| 2006 | 9.1% | -2.5% |
| 2007 | 10.9% | +19.5% |
| 2008 | 6.5% | -40.2% |
| 2009 | 6.4% | -2.6% |
| 2010 | 5.1% | -20.2% |
| 2011 | 6.3% | +24.5% |
| 2012 | 4.3% | -32.0% |
| 2013 | 3.7% | -13.1% |
| 2014 | 3.6% | -3.4% |
| 2015 | 3.8% | +5.8% |
| 2016 | 3.5% | -7.2% |
| 2017 | 3.9% | +10.4% |
| 2018 | 3.5% | -10.2% |
| 2019 | 3.3% | -7.4% |
| 2020 | 3.5% | +6.4% |
| 2021 | 2.9% | -17.2% |
Philippines compared with similar countries
- Philippines's 2.9% is below the median for upper middle income countries, which is 7.3%, 39% of the median. (54 countries reporting)
- Philippines's 2.9% is below the median for East Asia & Pacific, which is 4.1%, 69% of the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.9% | 7.0% | 10.5% | 5 |
| 2000s | 9.1% | 6.4% | 10.9% | 10 |
| 2010s | 4.1% | 3.3% | 6.3% | 10 |
| 2020s | 3.2% | 2.9% | 3.5% | 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 in Philippines?
- External loans and deposits of reporting banks vis-à-vis the in Philippines was 2.9% in 2021, according to Bank for International Settlements (BIS).
- What is the highest external loans and deposits of reporting banks vis-à-vis the recorded in Philippines?
- The highest recorded value was 10.9% in 2007.
- What is the lowest external loans and deposits of reporting banks vis-à-vis the recorded in Philippines?
- The lowest recorded value was 2.9% in 2021.
- How does Philippines rank for external loans and deposits of reporting banks vis-à-vis the?
- Philippines ranks 157th out of 180 countries with data for 2021.
- Is external loans and deposits of reporting banks vis-à-vis the rising or falling in Philippines?
- Over the last ten years it is down 54.7%. The long-run trend across the full record is falling.
- 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 nonbanking sectors (% 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 7B: 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.