Monetary Sector credit to private sector in Philippines
Philippines: Monetary Sector credit to private sector was 52.1% in 2025. ▲ Rising
Monetary Sector credit to private sector in Philippines, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
The most recent figure for monetary sector credit to private sector in Philippines is 52.1%, measured in 2025. That is the highest value across all 66 years on record.
That represents a change of up 4.5% on the previous year and up 30.6% over ten years.
Over the whole period, monetary sector credit to private sector in Philippines peaked at 52.1% in 2025 and was at its lowest, 10.7%, in 1960.
That places Philippines 67th out of 186 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 66 years of available data.
Monetary Sector credit to private sector in Philippines, year by year
| Year | % GDP | Change |
|---|---|---|
| 1960 | 10.7% | — |
| 1961 | 13.7% | +28.7% |
| 1962 | 14.7% | +7.0% |
| 1963 | 16.5% | +12.2% |
| 1964 | 18.0% | +9.4% |
| 1965 | 17.1% | -5.3% |
| 1966 | 17.4% | +2.1% |
| 1967 | 19.4% | +11.0% |
| 1968 | 19.1% | -1.6% |
| 1969 | 18.2% | -4.5% |
| 1970 | 18.0% | -0.8% |
| 1971 | 17.7% | -2.1% |
| 1972 | 19.2% | +8.9% |
| 1973 | 20.3% | +5.4% |
| 1974 | 22.0% | +8.7% |
| 1975 | 22.1% | +0.1% |
| 1976 | 22.4% | +1.8% |
| 1977 | 23.4% | +4.3% |
| 1978 | 25.9% | +10.8% |
| 1979 | 27.5% | +6.0% |
| 1980 | 27.7% | +0.7% |
| 1981 | 28.9% | +4.4% |
| 1982 | 29.4% | +1.7% |
| 1983 | 32.5% | +10.4% |
| 1984 | 21.5% | -33.7% |
| 1985 | 17.7% | -17.8% |
| 1986 | 13.1% | -26.2% |
| 1987 | 14.0% | +7.5% |
| 1988 | 14.2% | +0.9% |
| 1989 | 15.2% | +7.6% |
| 1990 | 16.9% | +10.9% |
| 1991 | 15.6% | -7.4% |
| 1992 | 18.1% | +15.7% |
| 1993 | 23.1% | +27.9% |
| 1994 | 25.5% | +10.1% |
| 1995 | 32.9% | +29.0% |
| 1996 | 42.9% | +30.5% |
| 1997 | 49.4% | +15.2% |
| 1998 | 42.0% | -15.0% |
| 1999 | 37.3% | -11.1% |
| 2000 | 35.6% | -4.6% |
| 2001 | 36.3% | +1.8% |
| 2002 | 33.7% | -7.2% |
| 2003 | 31.9% | -5.1% |
| 2004 | 31.0% | -2.9% |
| 2005 | 27.9% | -10.0% |
| 2006 | 27.5% | -1.5% |
| 2007 | 27.6% | +0.6% |
| 2008 | 27.9% | +0.9% |
| 2009 | 27.9% | +0.1% |
| 2010 | 28.3% | +1.6% |
| 2011 | 30.5% | +7.6% |
| 2012 | 31.9% | +4.6% |
| 2013 | 34.3% | +7.6% |
| 2014 | 37.6% | +9.4% |
| 2015 | 39.9% | +6.2% |
| 2016 | 42.9% | +7.4% |
| 2017 | 45.6% | +6.4% |
| 2018 | 47.6% | +4.3% |
| 2019 | 48.0% | +0.9% |
| 2020 | 52.0% | +8.5% |
| 2021 | 49.9% | -4.0% |
| 2022 | 48.9% | -2.1% |
| 2023 | 48.3% | -1.1% |
| 2024 | 49.8% | +3.2% |
| 2025 | 52.1% | +4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 16.5% | 10.7% | 19.4% | 10 |
| 1970s | 21.9% | 17.7% | 27.5% | 10 |
| 1980s | 21.4% | 13.1% | 32.5% | 10 |
| 1990s | 30.4% | 15.6% | 49.4% | 10 |
| 2000s | 30.7% | 27.5% | 36.3% | 10 |
| 2010s | 38.7% | 28.3% | 48.0% | 10 |
| 2020s | 50.2% | 48.3% | 52.1% | 6 |
Countries ranked near Philippines
- 64 Cape Verde 54.0% compare
- 65 Morocco 53.6% compare
- 66 North Macedonia 53.4% compare
- 68 Bolivia, Plurinational State of 51.8% compare
- 69 Saint Lucia 51.7% compare
- 70 Trinidad and Tobago 50.4% compare
More financial sector data for Philippines
- Net domestic credit (current LCU), per capita 194,178 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 46.56 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 10.49 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 149.63 million SDR (2025)
- Gold reserves at market value 13.63 billion SDR (2025)
- Reserves excluding gold, foreign exchange 63.95 billion SDR (2025)
- Reserves excluding gold 67.36 billion SDR (2025)
- Total reserves (gold at market value) 81.00 billion SDR (2025)
- Total reserves (gold at national valuation) 80.93 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 692.97 SDR per person (2025)
Frequently asked questions
- What is monetary sector credit to private sector in Philippines?
- Monetary sector credit to private sector in Philippines was 52.1% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest monetary sector credit to private sector recorded in Philippines?
- The highest recorded value was 52.1% in 2025.
- What is the lowest monetary sector credit to private sector recorded in Philippines?
- The lowest recorded value was 10.7% in 1960.
- How does Philippines rank for monetary sector credit to private sector?
- Philippines ranks 67th out of 186 countries with data for 2025.
- Is monetary sector credit to private sector rising or falling in Philippines?
- Over the last ten years it is up 30.6%. 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 Monetary Sector credit to private sector (% GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. 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.