Lending Rate, Percent per annum in Philippines
Philippines: Lending Rate, Percent per annum was 7.1 in 2019. βΌ Falling
Lending Rate, Percent per annum in Philippines, 1976β2019
Source: International Monetary Fund.
Analysis
The most recent figure for lending rate, percent per annum in Philippines is 7.1, measured in 2019.
That represents a change of up 16.0% on the previous year and down 17.2% over ten years.
Over the whole period, lending rate, percent per annum in Philippines peaked at 28.61 in 1985 and was at its lowest, 5.53, in 2014.
Philippines ranks 92nd of 144 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 44 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.5 | 12 | 14 | 4 |
| 1980s | 18.96 | 13.34 | 28.61 | 10 |
| 1990s | 17.08 | 11.78 | 24.12 | 10 |
| 2000s | 9.8 | 8.57 | 12.4 | 10 |
| 2010s | 6.14 | 5.53 | 7.67 | 10 |
Countries ranked near Philippines
- 89 Cabo Verde 7.75 compare
- 90 Tonga 7.56 compare
- 91 Trinidad and Tobago 7.5 compare
- 93 St. Vincent and the Grenadines 7.06 compare
- 94 Panama 6.91 compare
- 95 Costa Rica 6.88 compare
More financial sector data for Philippines
- Domestic credit to private sector by banks 52.1% (2025)
- Total reserves in months of imports 7.33 (2025)
- Net domestic credit 22.68 trillion current LCU (2025)
- Net foreign assets 7.36 trillion current LCU (2025)
- Monetary Sector credit to private sector 52.1% (2025)
- Broad money 85.9% (2022)
- Claims on central government, etc. 32.6% (2025)
- Domestic credit to private sector 52.1% (2025)
- Official exchange rate 57.51 LCU per US$, period average (2025)
- Net migration -149,315 (2025)
Frequently asked questions
- What is lending rate, percent per annum in Philippines?
- Lending rate, percent per annum in Philippines was 7.1 in 2019, according to International Monetary Fund.
- What is the highest lending rate, percent per annum recorded in Philippines?
- The highest recorded value was 28.61 in 1985.
- What is the lowest lending rate, percent per annum recorded in Philippines?
- The lowest recorded value was 5.53 in 2014.
- How does Philippines rank for lending rate, percent per annum?
- Philippines ranks 92nd out of 144 countries with data for 2019.
- Is lending rate, percent per annum rising or falling in Philippines?
- Over the last ten years it is down 17.2%. The long-run trend across the full record is falling.
- Where does this Philippines data come from?
- The figures come from International Monetary Fund, published as part of Lending Rate, Percent per annum. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 44 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.