Net domestic credit (current LCU), annual growth rate in Philippines
Philippines: Net domestic credit (current LCU), annual growth rate was 10.49 % change on previous year in 2025. ◆ Volatile
Latest (2025)
10.49 % change on previous year
Change on year
up 0.9%
World rank
84th
of 186 countries
All-time high
133.47 % change on previous year
in 1993
All-time low
-14.73 % change on previous year
in 1986
Years of data
65
1961–2025
Net domestic credit (current LCU), annual growth rate in Philippines, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, net domestic credit (current lcu), annual growth rate in Philippines stood at 10.49 % change on previous year.
That represents a change of up 0.9% on the previous year and down 8.3% over ten years.
Over the whole period, net domestic credit (current lcu), annual growth rate in Philippines peaked at 133.47 % change on previous year in 1993 and was at its lowest, -14.73 % change on previous year, in 1986.
That places Philippines 84th out of 186 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.
Net domestic credit (current LCU), annual growth rate in Philippines, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 36.26 % change on previous year | — |
| 1962 | 9.55 % change on previous year | -73.7% |
| 1963 | 25.3 % change on previous year | +164.9% |
| 1964 | 15.4 % change on previous year | -39.1% |
| 1965 | 6.21 % change on previous year | -59.7% |
| 1966 | 13.39 % change on previous year | +115.5% |
| 1967 | 23.12 % change on previous year | +72.7% |
| 1968 | 11.61 % change on previous year | -49.8% |
| 1969 | 16.6 % change on previous year | +43.0% |
| 1970 | 12.46 % change on previous year | -24.9% |
| 1971 | 11.92 % change on previous year | -4.3% |
| 1972 | 15.08 % change on previous year | +26.5% |
| 1973 | 12.97 % change on previous year | -14.0% |
| 1974 | 40.23 % change on previous year | +210.1% |
| 1975 | 31.34 % change on previous year | -22.1% |
| 1976 | 26.81 % change on previous year | -14.5% |
| 1977 | 20 % change on previous year | -25.4% |
| 1978 | 24.32 % change on previous year | +21.6% |
| 1979 | 25.27 % change on previous year | +3.9% |
| 1980 | 21.72 % change on previous year | -14.0% |
| 1981 | 23.31 % change on previous year | +7.3% |
| 1982 | 23.61 % change on previous year | +1.3% |
| 1983 | 31.69 % change on previous year | +34.3% |
| 1984 | 3.93 % change on previous year | -87.6% |
| 1985 | -3.15 % change on previous year | -180.2% |
| 1986 | -14.73 % change on previous year | +367.0% |
| 1987 | -13.09 % change on previous year | -11.1% |
| 1988 | 6.22 % change on previous year | -147.6% |
| 1989 | 21.5 % change on previous year | +245.4% |
| 1990 | 30.75 % change on previous year | +43.0% |
| 1991 | -2.56 % change on previous year | -108.3% |
| 1992 | 17.62 % change on previous year | -787.7% |
| 1993 | 133.47 % change on previous year | +657.7% |
| 1994 | 21.47 % change on previous year | -83.9% |
| 1995 | 30.61 % change on previous year | +42.5% |
| 1996 | 38.86 % change on previous year | +27.0% |
| 1997 | 29.21 % change on previous year | -24.8% |
| 1998 | -1.97 % change on previous year | -106.8% |
| 1999 | 2.32 % change on previous year | -217.7% |
| 2000 | 9.26 % change on previous year | +298.9% |
| 2001 | 4.36 % change on previous year | -52.9% |
| 2002 | 6.11 % change on previous year | +40.0% |
| 2003 | 6.84 % change on previous year | +12.1% |
| 2004 | 11.85 % change on previous year | +73.1% |
| 2005 | -2.95 % change on previous year | -124.9% |
| 2006 | 12.79 % change on previous year | -533.8% |
| 2007 | 10.13 % change on previous year | -20.8% |
| 2008 | 9.92 % change on previous year | -2.1% |
| 2009 | 6.74 % change on previous year | -32.1% |
| 2010 | 13.37 % change on previous year | +98.3% |
| 2011 | 13.85 % change on previous year | +3.6% |
| 2012 | 6.52 % change on previous year | -52.9% |
| 2013 | 11.41 % change on previous year | +75.0% |
| 2014 | 17.77 % change on previous year | +55.8% |
| 2015 | 11.44 % change on previous year | -35.6% |
| 2016 | 17.04 % change on previous year | +48.9% |
| 2017 | 13.88 % change on previous year | -18.6% |
| 2018 | 14.87 % change on previous year | +7.1% |
| 2019 | 10.66 % change on previous year | -28.3% |
| 2020 | 4.69 % change on previous year | -56.0% |
| 2021 | 8.17 % change on previous year | +74.2% |
| 2022 | 12.73 % change on previous year | +55.7% |
| 2023 | 9.35 % change on previous year | -26.6% |
| 2024 | 10.4 % change on previous year | +11.2% |
| 2025 | 10.49 % change on previous year | +0.9% |
Philippines compared with similar countries
- Philippines's 10.49 % change on previous year is above the median for upper middle income countries, which is 10.49 % change on previous year, 1.0× the median. (55 countries reporting)
- Philippines's 10.49 % change on previous year is above the median for East Asia & Pacific, which is 5.35 % change on previous year, 2.0× the median. (26 countries reporting)
Biggest year-on-year movements
Years where Net domestic credit (current LCU), annual growth rate in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +787.7% | -2.56 % change on previous year | 17.62 % change on previous year |
| 1993 | +657.7% | 17.62 % change on previous year | 133.47 % change on previous year |
| 2006 | +533.8% | -2.95 % change on previous year | 12.79 % change on previous year |
| 1986 | -367.0% | -3.15 % change on previous year | -14.73 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 17.49 % change on previous year | 6.21 % change on previous year | 36.26 % change on previous year | 9 |
| 1970s | 22.04 % change on previous year | 11.92 % change on previous year | 40.23 % change on previous year | 10 |
| 1980s | 10.1 % change on previous year | -14.73 % change on previous year | 31.69 % change on previous year | 10 |
| 1990s | 29.98 % change on previous year | -2.56 % change on previous year | 133.47 % change on previous year | 10 |
| 2000s | 7.51 % change on previous year | -2.95 % change on previous year | 12.79 % change on previous year | 10 |
| 2010s | 13.08 % change on previous year | 6.52 % change on previous year | 17.77 % change on previous year | 10 |
| 2020s | 9.3 % change on previous year | 4.69 % change on previous year | 12.73 % change on previous year | 6 |
Countries ranked near Philippines
- 81 Pakistan 10.73 % change on previous year compare
- 82 Bolivia 10.54 % change on previous year compare
- 83 Fiji 10.54 % change on previous year compare
- 85 Ecuador 10.18 % change on previous year compare
- 86 Indonesia 10.13 % change on previous year compare
- 87 Paraguay 10.05 % change on previous year compare
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 net domestic credit (current lcu), annual growth rate in Philippines?
- Net domestic credit (current lcu), annual growth rate in Philippines was 10.49 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), annual growth rate recorded in Philippines?
- The highest recorded value was 133.47 % change on previous year in 1993.
- What is the lowest net domestic credit (current lcu), annual growth rate recorded in Philippines?
- The lowest recorded value was -14.73 % change on previous year in 1986.
- How does Philippines rank for net domestic credit (current lcu), annual growth rate?
- Philippines ranks 84th out of 186 countries with data for 2025.
- Is net domestic credit (current lcu), annual growth rate rising or falling in Philippines?
- Over the last ten years it is down 8.3%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Statizoid (derived), published as part of Net domestic credit (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.