Non-performing loans net of provisions to capital in Philippines

Philippines: Non-performing loans net of provisions to capital was 5.0% in 2024. ▲ Rising

Latest (2024)
5.0%
Change on year
up 1.9%
World rank
84th
of 138 countries
All-time high
7.7%
in 2021
All-time low
2.3%
in 2013
Years of data
16
2009–2024

Non-performing loans net of provisions to capital in Philippines, 2009–2024

24682009201620242009: 5.12010: 42011: 3.62012: 2.32013: 2.32014: 2.82015: 3.12016: 3.12017: 3.12018: 3.62019: 4.92020: 6.62021: 7.72022: 42023: 4.92024: 5

Source: United Nations Statistics Division, SDG Global Database.

Analysis

Philippines recorded 5.0% for non-performing loans net of provisions to capital in 2024.

That represents a change of up 1.9% on the previous year and up 76.1% over ten years.

Over the whole period, non-performing loans net of provisions to capital in Philippines peaked at 7.7% in 2021 and was at its lowest, 2.3%, in 2013.

That places Philippines 84th out of 138 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 16 years of available data.

Non-performing loans net of provisions to capital in Philippines, year by year

Annual values for Non-performing loans net of provisions to capital (%) in Philippines, 2009 to 2024.
Year Value Change
2009 5.1%
2010 4.0% -20.9%
2011 3.6% -9.8%
2012 2.3% -37.3%
2013 2.3% -1.4%
2014 2.8% +26.6%
2015 3.1% +9.0%
2016 3.1% -1.5%
2017 3.1% +2.0%
2018 3.6% +14.3%
2019 4.9% +36.3%
2020 6.6% +35.7%
2021 7.7% +17.2%
2022 4.0% -48.2%
2023 4.9% +23.1%
2024 5.0% +1.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 5.1% 5.1% 5.1% 1
2010s 3.3% 2.3% 4.9% 10
2020s 5.7% 4.0% 7.7% 5

Countries ranked near Philippines

  1. 81 United Kingdom of Great Britain and Northern Ireland 5.4% compare
  2. 82 Pakistan 5.1% compare
  3. 83 Trinidad and Tobago 5.1% compare
  4. 85 Canada 5.0% compare
  5. 86 Nigeria 4.9% compare
  6. 87 Maldives 4.8% compare

See the full ranking of 149 places →

More development goals data for Philippines

All data for Philippines →

Frequently asked questions

What is non-performing loans net of provisions to capital in Philippines?
Non-performing loans net of provisions to capital in Philippines was 5.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest non-performing loans net of provisions to capital recorded in Philippines?
The highest recorded value was 7.7% in 2021.
What is the lowest non-performing loans net of provisions to capital recorded in Philippines?
The lowest recorded value was 2.3% in 2013.
How does Philippines rank for non-performing loans net of provisions to capital?
Philippines ranks 84th out of 138 countries with data for 2024.
Is non-performing loans net of provisions to capital rising or falling in Philippines?
Over the last ten years it is up 76.1%. The long-run trend across the full record is rising.
Where does this Philippines data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Non-performing loans net of provisions to capital (%). Statizoid updates them automatically from the source API.

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Non-performing loans net of provisions to capital in Philippines. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 31 August 2026, from https://development-goals.statizoid.com/stat/non-performing-loans-net-of-provisions-to-capital-percent/philippines/

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About this data

Indicator
Non-performing loans net of provisions to capital (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
149 places, 2,200 data points, 2000–2025
Last refreshed