Non-performing loans to total gross loans in Philippines

Philippines: Non-performing loans to total gross loans was 3.2% in 2024. ▲ Rising

Latest (2024)
3.2%
Change on year
up 0.4%
World rank
73rd
of 145 countries
All-time high
4.0%
in 2021
All-time low
1.6%
in 2017
Years of data
16
2009–2024

Non-performing loans to total gross loans in Philippines, 2009–2024

012342009201620242009: 3.5 %2010: 3.3 %2011: 2.5 %2012: 2.2 %2013: 2.4 %2014: 2 %2015: 1.9 %2016: 1.7 %2017: 1.6 %2018: 1.7 %2019: 2 %2020: 3.5 %2021: 4 %2022: 3.1 %2023: 3.2 %2024: 3.2 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

The most recent figure for non-performing loans to total gross loans in Philippines is 3.2%, measured in 2024.

That represents a change of up 0.4% on the previous year and up 57.9% over ten years.

Over the whole period, non-performing loans to total gross loans in Philippines peaked at 4.0% in 2021 and was at its lowest, 1.6%, in 2017.

Philippines ranks 73rd of 145 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 3.5% 3.5% 3.5% 1
2010s 2.1% 1.6% 3.3% 10
2020s 3.4% 3.1% 4.0% 5

Countries ranked near Philippines

  1. 70 Curaçao 3.5% compare
  2. 71 Botswana 3.4% compare
  3. 72 State of Palestine 3.4% compare
  4. 74 Bulgaria 3.2% compare
  5. 75 Bosnia and Herzegovina 3.2% compare
  6. 76 Bolivia (Plurinational State of) 3.1% compare

See the full ranking of 150 places →

More development goals data for Philippines

All data for Philippines →

Frequently asked questions

What is non-performing loans to total gross loans in Philippines?
Non-performing loans to total gross loans in Philippines was 3.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest non-performing loans to total gross loans recorded in Philippines?
The highest recorded value was 4.0% in 2021.
What is the lowest non-performing loans to total gross loans recorded in Philippines?
The lowest recorded value was 1.6% in 2017.
How does Philippines rank for non-performing loans to total gross loans?
Philippines ranks 73rd out of 145 countries with data for 2024.
Is non-performing loans to total gross loans rising or falling in Philippines?
Over the last ten years it is up 57.9%. 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 to total gross loans (%). Statizoid updates them automatically from the source API.

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Non-performing loans to total gross loans in Philippines. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 16 August 2026, from https://development-goals.statizoid.com/stat/non-performing-loans-to-total-gross-loans-percent/philippines/

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About this data

Indicator
Non-performing loans to total gross loans (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
150 places, 2,267 data points, 2000–2025
Last refreshed