Loans from nonresident banks (net) to GDP in Philippines
Philippines: Loans from nonresident banks (net) to GDP was 0.1% in 2021. ◆ Volatile
Loans from nonresident banks (net) to GDP in Philippines, 1972–2021
Source: Bank for International Settlements (BIS). Measured in %.
Analysis
Philippines recorded 0.1% for loans from nonresident banks (net) to gdp in 2021.
That represents a change of down 96.0% on the previous year and up 118.1% over ten years.
Over the whole period, loans from nonresident banks (net) to gdp in Philippines peaked at 5.5% in 1992 and was at its lowest, -0.8%, in 2005.
That places Philippines 56th out of 98 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.
Loans from nonresident banks (net) to GDP in Philippines, year by year
| Year | % | Change |
|---|---|---|
| 1972 | 0.6% | — |
| 1976 | 0.1% | -89.7% |
| 1978 | 0.3% | +419.8% |
| 1981 | 0.1% | -54.0% |
| 1985 | -0.2% | -220.1% |
| 1986 | -0.2% | +51.6% |
| 1988 | -0.1% | -53.1% |
| 1991 | -0.2% | +93.3% |
| 1992 | 5.5% | -2573.6% |
| 1993 | 1.2% | -79.2% |
| 1994 | 0.4% | -60.9% |
| 1995 | 0.3% | -31.2% |
| 1996 | 2.0% | +557.4% |
| 1997 | -0.3% | -116.1% |
| 1998 | -0.7% | +113.0% |
| 1999 | 0.4% | -160.6% |
| 2000 | -0.5% | -226.3% |
| 2001 | 1.3% | -339.5% |
| 2002 | 1.0% | -23.2% |
| 2003 | 1.3% | +30.8% |
| 2004 | -0.2% | -113.6% |
| 2005 | -0.8% | +361.9% |
| 2006 | -0.5% | -34.7% |
| 2007 | -0.3% | -49.2% |
| 2008 | -0.2% | -43.5% |
| 2009 | 1.0% | -749.3% |
| 2010 | 0.5% | -46.4% |
| 2011 | -0.4% | -177.0% |
| 2012 | 0.4% | -207.6% |
| 2013 | 0.2% | -59.6% |
| 2015 | 0.1% | -59.1% |
| 2016 | -0.1% | -303.7% |
| 2017 | -0.2% | +28.1% |
| 2018 | -0.1% | -41.8% |
| 2019 | 0.1% | -221.1% |
| 2020 | 1.8% | +1277.1% |
| 2021 | 0.1% | -96.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.3% | 0.1% | 0.6% | 3 |
| 1980s | -0.1% | -0.2% | 0.1% | 4 |
| 1990s | 1.0% | -0.7% | 5.5% | 9 |
| 2000s | 0.2% | -0.8% | 1.3% | 10 |
| 2010s | 0.1% | -0.4% | 0.5% | 9 |
| 2020s | 1.0% | 0.1% | 1.8% | 2 |
Countries ranked near Philippines
More financial sector data for Philippines
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -8.19 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1313 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 547.61 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -7.77 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 576.82 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate -0.5283 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 693.56 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate -0.6712 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 692.97 SDR per person (2025)
- Total reserves in months of imports, annual growth rate -0.1559 % change on previous year (2025)
Frequently asked questions
- What is loans from nonresident banks (net) to gdp in Philippines?
- Loans from nonresident banks (net) to gdp in Philippines was 0.1% in 2021, according to Bank for International Settlements (BIS).
- What is the highest loans from nonresident banks (net) to gdp recorded in Philippines?
- The highest recorded value was 5.5% in 1992.
- What is the lowest loans from nonresident banks (net) to gdp recorded in Philippines?
- The lowest recorded value was -0.8% in 2005.
- How does Philippines rank for loans from nonresident banks (net) to gdp?
- Philippines ranks 56th out of 98 countries with data for 2021.
- Is loans from nonresident banks (net) to gdp rising or falling in Philippines?
- Over the last ten years it is up 118.1%. 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 Loans from nonresident banks (net) to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Ratio of net offshore bank loans to GDP. An offshore bank is a bank located outside the country of residence of the depositor, typically in a low tax jurisdiction (or tax haven) that provides financial and legal advantages. Offshore bank loan data from BIS Statistical Appendix Table 12A (Net Issues): International debt securities - all issuers.