Non-performing loans to total gross loans (%) in Philippines
Philippines: Non-performing loans to total gross loans (%) was 3.2% in 2024. ▲ Rising
Non-performing loans to total gross loans in Philippines, 2009–2024
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 79th of 156 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.
Non-performing loans to total gross loans (%) in Philippines, year by year
| Year | % | Change |
|---|---|---|
| 2009 | 3.5% | — |
| 2010 | 3.3% | -3.2% |
| 2011 | 2.5% | -24.5% |
| 2012 | 2.2% | -13.0% |
| 2013 | 2.4% | +10.9% |
| 2014 | 2.0% | -17.1% |
| 2015 | 1.9% | -6.9% |
| 2016 | 1.7% | -9.0% |
| 2017 | 1.6% | -8.0% |
| 2018 | 1.7% | +6.0% |
| 2019 | 2.0% | +18.0% |
| 2020 | 3.5% | +78.9% |
| 2021 | 4.0% | +12.0% |
| 2022 | 3.1% | -20.8% |
| 2023 | 3.2% | +1.7% |
| 2024 | 3.2% | +0.4% |
Philippines compared with similar countries
- Philippines's 3.2% is below the median for upper middle income countries, which is 3.4%, 93% of the median. (47 countries reporting)
- Philippines's 3.2% is below the median for East Asia & Pacific, which is 3.3%, 96% of the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 77 Botswana 3.4% compare
- 78 State of Palestine 3.4% compare
- 80 Bulgaria 3.2% compare
- 81 Bosnia and Herzegovina 3.2% compare
- 82 Bolivia (Plurinational State of) 3.1% compare
More development goals data for Philippines
- Red List Index 0.8085 index (2025)
- Number of refugees per 100,000 population, by country of origin 0.6208 per 100,000 people (2025)
- Manufacturing value added per capita 686.82 constant US$ (2025)
- Number of transboundary breeds 73 (2025)
- Number of transboundary breeds (not extinct) 73 (2025)
- Number of transboundary breeds with unknown risk status 73 (2025)
- Number of local breeds with unknown risk status 38 (2025)
- Number of local breeds (not extinct) 54 (2025)
- Number of local breeds kept in the country 58 (2025)
- Infant deaths 39,731 (2024)
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 79th out of 156 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.
Download this data
CSV · JSON — 16 observations, free to reuse under UN SDG Global Database (open, attribution requested).