Net domestic credit in Philippines
Philippines: Net domestic credit was 22.68 trillion current LCU in 2025. ◆ Volatile
Latest (2025)
22.68 trillion current LCU
Change on year
up 10.5%
World rank
33rd
of 187 countries
All-time high
22.68 trillion current LCU
in 2025
All-time low
2.74 billion current LCU
in 1960
Years of data
66
1960–2025
Net domestic credit in Philippines, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net domestic credit in Philippines is 22.68 trillion current LCU, measured in 2025. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 10.5% on the previous year and up 188.5% over ten years.
Over the whole period, net domestic credit in Philippines peaked at 22.68 trillion current LCU in 2025 and was at its lowest, 2.74 billion current LCU, in 1960.
That places Philippines 33rd out of 187 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit in Philippines, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 2.74 billion current LCU | — |
| 1961 | 3.73 billion current LCU | +36.3% |
| 1962 | 4.08 billion current LCU | +9.5% |
| 1963 | 5.12 billion current LCU | +25.3% |
| 1964 | 5.91 billion current LCU | +15.4% |
| 1965 | 6.27 billion current LCU | +6.2% |
| 1966 | 7.11 billion current LCU | +13.4% |
| 1967 | 8.76 billion current LCU | +23.1% |
| 1968 | 9.77 billion current LCU | +11.6% |
| 1969 | 11.39 billion current LCU | +16.6% |
| 1970 | 12.81 billion current LCU | +12.5% |
| 1971 | 14.34 billion current LCU | +11.9% |
| 1972 | 16.50 billion current LCU | +15.1% |
| 1973 | 18.65 billion current LCU | +13.0% |
| 1974 | 26.15 billion current LCU | +40.2% |
| 1975 | 34.34 billion current LCU | +31.3% |
| 1976 | 43.55 billion current LCU | +26.8% |
| 1977 | 52.26 billion current LCU | +20.0% |
| 1978 | 64.96 billion current LCU | +24.3% |
| 1979 | 81.38 billion current LCU | +25.3% |
| 1980 | 99.05 billion current LCU | +21.7% |
| 1981 | 122.14 billion current LCU | +23.3% |
| 1982 | 150.98 billion current LCU | +23.6% |
| 1983 | 198.82 billion current LCU | +31.7% |
| 1984 | 206.64 billion current LCU | +3.9% |
| 1985 | 200.12 billion current LCU | -3.2% |
| 1986 | 170.65 billion current LCU | -14.7% |
| 1987 | 148.32 billion current LCU | -13.1% |
| 1988 | 157.55 billion current LCU | +6.2% |
| 1989 | 191.41 billion current LCU | +21.5% |
| 1990 | 250.27 billion current LCU | +30.7% |
| 1991 | 243.86 billion current LCU | -2.6% |
| 1992 | 286.82 billion current LCU | +17.6% |
| 1993 | 669.63 billion current LCU | +133.5% |
| 1994 | 813.42 billion current LCU | +21.5% |
| 1995 | 1.06 trillion current LCU | +30.6% |
| 1996 | 1.48 trillion current LCU | +38.9% |
| 1997 | 1.91 trillion current LCU | +29.2% |
| 1998 | 1.87 trillion current LCU | -2.0% |
| 1999 | 1.91 trillion current LCU | +2.3% |
| 2000 | 2.09 trillion current LCU | +9.3% |
| 2001 | 2.18 trillion current LCU | +4.4% |
| 2002 | 2.31 trillion current LCU | +6.1% |
| 2003 | 2.47 trillion current LCU | +6.8% |
| 2004 | 2.76 trillion current LCU | +11.8% |
| 2005 | 2.68 trillion current LCU | -2.9% |
| 2006 | 3.03 trillion current LCU | +12.8% |
| 2007 | 3.33 trillion current LCU | +10.1% |
| 2008 | 3.66 trillion current LCU | +9.9% |
| 2009 | 3.91 trillion current LCU | +6.7% |
| 2010 | 4.43 trillion current LCU | +13.4% |
| 2011 | 5.05 trillion current LCU | +13.8% |
| 2012 | 5.38 trillion current LCU | +6.5% |
| 2013 | 5.99 trillion current LCU | +11.4% |
| 2014 | 7.05 trillion current LCU | +17.8% |
| 2015 | 7.86 trillion current LCU | +11.4% |
| 2016 | 9.20 trillion current LCU | +17.0% |
| 2017 | 10.48 trillion current LCU | +13.9% |
| 2018 | 12.03 trillion current LCU | +14.9% |
| 2019 | 13.32 trillion current LCU | +10.7% |
| 2020 | 13.94 trillion current LCU | +4.7% |
| 2021 | 15.08 trillion current LCU | +8.2% |
| 2022 | 17.00 trillion current LCU | +12.7% |
| 2023 | 18.59 trillion current LCU | +9.3% |
| 2024 | 20.52 trillion current LCU | +10.4% |
| 2025 | 22.68 trillion current LCU | +10.5% |
Philippines compared with similar countries
- Philippines's 22.68 trillion current LCU is above the median for upper middle income countries, which is 1.08 trillion current LCU, 21.0× the median. (55 countries reporting)
- Philippines's 22.68 trillion current LCU is above the median for East Asia & Pacific, which is 4.46 trillion current LCU, 5.1× the median. (26 countries reporting)
Biggest year-on-year movements
Years where Net domestic credit 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 |
|---|---|---|---|
| 1993 | +133.5% | 286.82 billion current LCU | 669.63 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.49 billion current LCU | 2.74 billion current LCU | 11.39 billion current LCU | 10 |
| 1970s | 36.49 billion current LCU | 12.81 billion current LCU | 81.38 billion current LCU | 10 |
| 1980s | 164.57 billion current LCU | 99.05 billion current LCU | 206.64 billion current LCU | 10 |
| 1990s | 1.05 trillion current LCU | 243.86 billion current LCU | 1.91 trillion current LCU | 10 |
| 2000s | 2.84 trillion current LCU | 2.09 trillion current LCU | 3.91 trillion current LCU | 10 |
| 2010s | 8.08 trillion current LCU | 4.43 trillion current LCU | 13.32 trillion current LCU | 10 |
| 2020s | 17.97 trillion current LCU | 13.94 trillion current LCU | 22.68 trillion current LCU | 6 |
Countries ranked near Philippines
- 30 Algeria 28.47 trillion current LCU compare
- 31 Thailand 27.91 trillion current LCU compare
- 32 Democratic Republic of Congo 23.76 trillion current LCU compare
- 34 Cote d'Ivoire 22.11 trillion current LCU compare
- 35 Egypt 18.29 trillion current LCU compare
- 36 Angola 17.90 trillion current LCU 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 in Philippines?
- Net domestic credit in Philippines was 22.68 trillion current LCU in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net domestic credit recorded in Philippines?
- The highest recorded value was 22.68 trillion current LCU in 2025.
- What is the lowest net domestic credit recorded in Philippines?
- The lowest recorded value was 2.74 billion current LCU in 1960.
- How does Philippines rank for net domestic credit?
- Philippines ranks 33rd out of 187 countries with data for 2025.
- Is net domestic credit rising or falling in Philippines?
- Over the last ten years it is up 188.5%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Net domestic credit (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.