Provisions to nonperforming loans in Philippines

Philippines: Provisions to nonperforming loans was 65.9% in 2020. ▲ Rising

Latest (2020)
65.9%
Change on year
up 13.5%
World rank
56th
of 140 countries
All-time high
81.5%
in 2007
All-time low
28.6%
in 2000
Years of data
23
1998–2020

Provisions to nonperforming loans in Philippines, 1998–2020

0204060801998200920201998: 36.4 %1999: 45.2 %2000: 28.6 %2001: 29.6 %2002: 50.2 %2003: 51.5 %2004: 58 %2005: 72.9 %2006: 75 %2007: 81.5 %2008: 62.5 %2009: 68.7 %2010: 71.7 %2011: 68.1 %2012: 76 %2013: 80.6 %2014: 73.5 %2015: 70.1 %2016: 69.7 %2017: 66.9 %2018: 63.2 %2019: 58 %2020: 65.9 %

Source: Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF). Measured in %.

Analysis

In 2020, provisions to nonperforming loans in Philippines stood at 65.9%.

The figure is up 13.5% on the previous year and down 8.1% over ten years.

Over the whole period, provisions to nonperforming loans in Philippines peaked at 81.5% in 2007 and was at its lowest, 28.6%, in 2000.

Philippines ranks 56th of 140 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 23 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 40.8% 36.4% 45.2% 2
2000s 57.9% 28.6% 81.5% 10
2010s 69.8% 58.0% 80.6% 10
2020s 65.9% 65.9% 65.9% 1

Countries ranked near Philippines

  1. 53 Hungary 69.9% compare
  2. 54 Indonesia 68.3% compare
  3. 55 Chad 66.4% compare
  4. 57 Netherlands 65.5% compare
  5. 58 Moldova 65.5% compare
  6. 59 Albania 65.2% compare

See the full ranking of 140 places →

More financial sector data for Philippines

All data for Philippines →

Frequently asked questions

What is provisions to nonperforming loans in Philippines?
Provisions to nonperforming loans in Philippines was 65.9% in 2020, according to Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF).
What is the highest provisions to nonperforming loans recorded in Philippines?
The highest recorded value was 81.5% in 2007.
What is the lowest provisions to nonperforming loans recorded in Philippines?
The lowest recorded value was 28.6% in 2000.
How does Philippines rank for provisions to nonperforming loans?
Philippines ranks 56th out of 140 countries with data for 2020.
Is provisions to nonperforming loans rising or falling in Philippines?
Over the last ten years it is down 8.1%. The long-run trend across the full record is rising.
Where does this Philippines data come from?
The figures come from Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF), published as part of Provisions to nonperforming loans (%). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Provisions to nonperforming loans (%)
Unit
%
Source
Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
140 places, 2,230 data points, 1998–2020
Last refreshed

Provisions to nonperforming loans. Nonperforming Loans are loans for which the contractual payments are delinquent, usually defined as and NPL ratio being overdue for more than a certain number of days (e.g., usually more than 90 days). Reported by IMF staff. Note that due to differences in national accounting, taxation, and supervisory regimes, these data are not strictly comparable across countries.