Money market Rate, Percent per annum in Philippines
Philippines: Money market Rate, Percent per annum was 5.36 in 2025. ◆ Volatile
Money market Rate, Percent per annum in Philippines, 1977–2025
Source: International Monetary Fund.
Analysis
Philippines recorded 5.36 for money market rate, percent per annum in 2025.
The figure is down 16.3% on the previous year and up 112.3% over ten years.
Over the whole period, money market rate, percent per annum in Philippines peaked at 28.32 in 1984 and was at its lowest, 1.73, in 2021.
That places Philippines 42nd out of 94 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Money market Rate, Percent per annum in Philippines, year by year
| Year | Value | Change |
|---|---|---|
| 1977 | 11.98 | — |
| 1978 | 10.48 | -12.5% |
| 1979 | 13.58 | +29.6% |
| 1980 | 11.88 | -12.6% |
| 1981 | 15.36 | +29.3% |
| 1982 | 12.26 | -20.2% |
| 1983 | 16.56 | +35.1% |
| 1984 | 28.32 | +71.0% |
| 1985 | 16.85 | -40.5% |
| 1986 | 12.18 | -27.7% |
| 1987 | 11.84 | -2.8% |
| 1988 | 14.16 | +19.6% |
| 1989 | 15.06 | +6.4% |
| 1990 | 14.93 | -0.9% |
| 1991 | 15.66 | +5.0% |
| 1992 | 16.58 | +5.9% |
| 1993 | 13.77 | -17.0% |
| 1994 | 13.99 | +1.6% |
| 1995 | 11.93 | -14.7% |
| 1996 | 12.77 | +7.1% |
| 1997 | 16.16 | +26.5% |
| 1998 | 13.9 | -14.0% |
| 1999 | 10.16 | -26.9% |
| 2000 | 10.84 | +6.6% |
| 2001 | 9.75 | -10.0% |
| 2002 | 7.15 | -26.7% |
| 2003 | 6.97 | -2.5% |
| 2004 | 7.05 | +1.1% |
| 2005 | 7.31 | +3.8% |
| 2006 | 7.84 | +7.2% |
| 2007 | 7.02 | -10.4% |
| 2008 | 5.48 | -22.0% |
| 2009 | 4.54 | -17.2% |
| 2010 | 4.2 | -7.5% |
| 2011 | 4.56 | +8.6% |
| 2012 | 4.03 | -11.4% |
| 2013 | 2.38 | -41.0% |
| 2014 | 2.23 | -6.2% |
| 2015 | 2.53 | +13.1% |
| 2016 | 2.52 | -0.1% |
| 2017 | 2.63 | +4.3% |
| 2018 | 3.79 | +43.9% |
| 2019 | 4.68 | +23.7% |
| 2020 | 2.54 | -45.7% |
| 2021 | 1.73 | -32.1% |
| 2022 | 3.03 | +75.9% |
| 2023 | 6.22 | +105.1% |
| 2024 | 6.41 | +2.9% |
| 2025 | 5.36 | -16.3% |
Philippines compared with similar countries
- Philippines's 5.36 is below the median for upper middle income countries, which is 6.74, 80% of the median. (32 countries reporting)
- Philippines's 5.36 is above the median for East Asia & Pacific, which is 2.85, 1.9× the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.02 | 10.48 | 13.58 | 3 |
| 1980s | 15.45 | 11.84 | 28.32 | 10 |
| 1990s | 13.98 | 10.16 | 16.58 | 10 |
| 2000s | 7.39 | 4.54 | 10.84 | 10 |
| 2010s | 3.35 | 2.23 | 4.68 | 10 |
| 2020s | 4.22 | 1.73 | 6.41 | 6 |
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 money market rate, percent per annum in Philippines?
- Money market rate, percent per annum in Philippines was 5.36 in 2025, according to International Monetary Fund.
- What is the highest money market rate, percent per annum recorded in Philippines?
- The highest recorded value was 28.32 in 1984.
- What is the lowest money market rate, percent per annum recorded in Philippines?
- The lowest recorded value was 1.73 in 2021.
- How does Philippines rank for money market rate, percent per annum?
- Philippines ranks 42nd out of 94 countries with data for 2025.
- Is money market rate, percent per annum rising or falling in Philippines?
- Over the last ten years it is up 112.3%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from International Monetary Fund, published as part of Money market Rate, Percent per annum. Statizoid updates them automatically from the source API.
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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.