Philippines - Domestic credit to private sector

Domestic credit to private sector by banks (% of GDP)

Domestic credit to private sector by banks (% of GDP) in Philippines was 52.07 as of 2020. Its highest value over the past 60 years was 52.07 in 2020, while its lowest value was 10.68 in 1960.

Definition: Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), 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.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

• Thematic map
• Country comparison
• Country ranking
• More details
• Download data to Excel

Year	Value
1960	10.68
1961	13.75
1962	14.70
1963	16.50
1964	18.04
1965	17.08
1966	17.44
1967	19.36
1968	19.05
1969	18.20
1970	18.05
1971	17.67
1972	19.24
1973	20.27
1974	22.03
1975	22.06
1976	22.44
1977	23.41
1978	25.94
1979	27.49
1980	27.69
1981	28.91
1982	29.41
1983	32.47
1984	21.51
1985	17.68
1986	13.05
1987	14.03
1988	14.15
1989	15.16
1990	16.82
1991	15.58
1992	17.92
1993	23.11
1994	25.46
1995	32.86
1996	42.87
1997	49.40
1998	41.99
1999	37.33
2000	35.61
2001	36.27
2002	33.66
2003	31.95
2004	31.01
2005	27.90
2006	27.47
2007	27.64
2008	27.88
2009	27.90
2010	28.33
2011	30.50
2012	31.91
2013	34.34
2014	37.58
2015	39.90
2016	42.86
2017	45.61
2018	47.56
2019	47.97
2020	52.07

Domestic credit to private sector (% of GDP)

Domestic credit to private sector (% of GDP) in Philippines was 52.07 as of 2020. Its highest value over the past 60 years was 52.07 in 2020, while its lowest value was 10.68 in 1960.

Definition: Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, 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. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

• Thematic map
• Country comparison
• Country ranking
• More details
• Download data to Excel

Year	Value
1960	10.68
1961	13.75
1962	14.70
1963	16.50
1964	18.04
1965	17.08
1966	17.44
1967	19.36
1968	19.05
1969	18.20
1970	18.05
1971	17.67
1972	19.24
1973	20.27
1974	22.03
1975	22.06
1976	22.44
1977	23.41
1978	25.94
1979	27.49
1980	27.69
1981	28.91
1982	29.41
1983	32.47
1984	21.51
1985	17.68
1986	13.06
1987	14.03
1988	14.16
1989	15.23
1990	16.90
1991	15.65
1992	18.10
1993	23.15
1994	25.48
1995	32.87
1996	42.87
1997	49.40
1998	41.99
1999	37.33
2000	35.61
2001	36.27
2002	33.66
2003	31.95
2004	31.01
2005	27.90
2006	27.47
2007	27.64
2008	27.88
2009	27.90
2010	28.33
2011	30.50
2012	31.91
2013	34.34
2014	37.58
2015	39.90
2016	42.86
2017	45.61
2018	47.56
2019	47.97
2020	52.07

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets