Philippines Business Confidence Growth

2002 - 2022 | Quarterly | % Point | CEIC Data

Key information about Philippines Business Confidence Growth

  • Philippines Business Confidence grew 11.6 % in Mar 2022, compared with an increase of 18.3 % YoY in the previous quarter.
  • Philippines Business Confidence: YoY Change is updated quarterly, available from Jun 2002 to Mar 2022, with an averaged rate of 1.1 %.
  • The data reached an all-high of 60.9 % in Mar 2010 and a record low of -42.9 % in Mar 2009.

CEIC calculates Business Confidence Change from quarterly Business Outlook Index. Bangko Sentral ng Pilipinas provides Business Outlook Index with range from 0 to 100 with neutral point 50. Business Confidence covers Manufacturing sector only.

View Philippines's Business Confidence Growth from Jun 2002 to Mar 2022 in the chart:

Philippines Business Confidence Growth

What was Philippines's Business Confidence Growth in Mar 2022?

Philippines Business Confidence grew 11.6 % in Mar 2022, compared with an increase of 18.3 % YoY in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
11.6 Mar 2022 18.3 Dec 2021 -42.9 Mar 2009 60.9 Mar 2010 % Point quarterly Jun 2002 - Mar 2022

Business Confidence Growth by Country Comparison

Buy Selected Data

Includes Business Confidence Growth on 72 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (% Point) 41.0 Dec 2021 quarterly Jun 2017 - Dec 2021
Armenia (% Point) -3.7 Jun 2016 quarterly Sep 2006 - Jun 2016
Australia (% Point) -6.4 Apr 2022 monthly Aug 2007 - Apr 2022
Austria (% Point) 0.0 Apr 2022 monthly Jan 1986 - Apr 2022
Belarus (% Point) -9.6 Aug 2014 monthly Dec 2006 - Aug 2014
Belgium (% Point) -4.1 Apr 2022 monthly Jan 1981 - Apr 2022
Brazil (% Point) 4.4 Apr 2022 monthly Jan 2010 - Apr 2022
Bulgaria (% Point) 0.8 Apr 2022 monthly Jan 1994 - Apr 2022
Canada (% Point) 11.4 Apr 2022 monthly Dec 2001 - Apr 2022
Chile (% Point) -5.8 Apr 2022 monthly Nov 2004 - Apr 2022
China (% Point) -7.4 Apr 2022 monthly Jan 2006 - Apr 2022
Colombia (% Point) 6.8 Mar 2022 monthly Jan 1981 - Mar 2022
Croatia (% Point) 10.4 Apr 2022 monthly May 2009 - Apr 2022
Cyprus (% Point) 12.0 Apr 2022 monthly May 2003 - Apr 2022
Czech Republic (% Point) -3.0 Apr 2022 monthly Mar 1994 - Apr 2022
Denmark (% Point) 3.0 Apr 2022 monthly Jan 1999 - Apr 2022
Ecuador (%) 7.4 Mar 2022 monthly May 2008 - Mar 2022
Estonia (% Point) 0.4 Apr 2022 monthly May 2002 - Apr 2022
European Union (% Point) 1.2 Apr 2022 monthly Jan 1986 - Apr 2022
Finland (% Point) 5.4 Apr 2022 monthly Jan 1994 - Apr 2022
France (% Point) 2.9 Apr 2022 monthly Jan 1986 - Apr 2022
Georgia (% Point) 14.8 Jun 2022 quarterly Dec 2014 - Jun 2022
Germany (% Point) -26.0 Apr 2022 monthly Jan 1992 - Apr 2022
Ghana (%) -9.3 Feb 2022 monthly Dec 2013 - Feb 2022
Greece (% Point) 8.7 Apr 2022 monthly Jan 1986 - Apr 2022
Hong Kong SAR, China (% Point) -8.0 Jun 2022 quarterly Mar 2009 - Jun 2022
Hungary (% Point) 11.1 Apr 2022 monthly Jan 1997 - Apr 2022
Iceland (% Point) -29.2 Mar 2022 quarterly Mar 2007 - Mar 2022
India (% Point) 12.8 Jun 2022 quarterly Jun 2001 - Jun 2022
Indonesia (% Point) 9.2 Jun 2022 quarterly Mar 2011 - Jun 2022
Israel (% Point) 2.6 Apr 2022 monthly Jan 2016 - Apr 2022
Italy (% Point) 2.8 Apr 2022 monthly Jan 1986 - Apr 2022
Japan (% Point) 7.0 Jun 2022 quarterly Mar 2001 - Jun 2022
Kazakhstan (% Point) -4.0 Mar 2022 quarterly Mar 2009 - Mar 2022
South Korea (% Point) -10.0 May 2022 monthly Feb 2004 - May 2022
Latvia (% Point) -3.2 Apr 2022 monthly Apr 1994 - Apr 2022
Lithuania (% Point) -1.2 Apr 2022 monthly Apr 2004 - Apr 2022
Luxembourg (% Point) 5.5 Apr 2022 monthly Jan 1986 - Apr 2022
North Macedonia (% Point) -4.0 Apr 2022 monthly Apr 2002 - Apr 2022
Malaysia (% Point) -10.8 Mar 2022 quarterly Mar 2004 - Mar 2022
Malta (% Point) -27.9 Apr 2022 monthly Nov 2003 - Apr 2022
Mauritius (% Point) -9.1 Jun 2019 quarterly Mar 2011 - Jun 2019
Mexico (% Point) 8.8 Apr 2022 monthly Jan 2005 - Apr 2022
Mozambique (% Point) 8.9 Jun 2021 monthly Jan 2005 - Jun 2021
Netherlands (% Point) 4.3 Apr 2022 monthly Jan 1986 - Apr 2022
New Zealand (% Point) -14.6 Apr 2022 monthly Aug 2003 - Apr 2022
Nigeria (% Point) 1.2 Nov 2021 monthly Jul 2015 - Nov 2021
Norway (% Point) 4.3 Apr 2022 monthly Feb 2005 - Apr 2022
Palestinian Territory (% Point) 19.2 Apr 2022 monthly Apr 2014 - Apr 2022
Peru (% Point) -9.4 Apr 2022 monthly Apr 2003 - Apr 2022
Philippines (% Point) 11.6 Mar 2022 quarterly Jun 2002 - Mar 2022
Poland (% Point) -7.4 Apr 2022 monthly Jul 2006 - Apr 2022
Portugal (% Point) 5.1 Apr 2022 monthly Jan 1988 - Apr 2022
Qatar (% Point) -3.6 Mar 2020 quarterly Jun 2015 - Mar 2020
Romania (% Point) 2.5 Apr 2022 monthly Jul 1992 - Apr 2022
Russia (% Point) -2.0 Apr 2022 monthly Jan 2006 - Apr 2022
Serbia (% Point) 0.5 Apr 2022 monthly May 2014 - Apr 2022
Singapore (% Point) -1.2 Apr 2022 monthly Jan 2000 - Apr 2022
Slovakia (% Point) -4.0 Apr 2022 monthly Jan 1994 - Apr 2022
Slovenia (% Point) -4.8 Apr 2022 monthly May 1996 - Apr 2022
South Africa (% Point) -14.8 Apr 2022 monthly Sep 2000 - Apr 2022
Spain (% Point) -0.3 Apr 2022 monthly Jan 1994 - Apr 2022
Sri Lanka (% Point) -18.4 Mar 2022 monthly May 2016 - Mar 2022
Sweden (% Point) -28.0 Apr 2022 monthly Jan 2002 - Apr 2022
Switzerland (% Point) -11.6 Apr 2022 monthly Jan 1996 - Apr 2022
Taiwan (% Point) -3.2 Mar 2018 monthly May 2013 - Mar 2018
Thailand (% Point) 4.4 Apr 2022 monthly Feb 2000 - Apr 2022
Turkey (% Point) 0.3 Apr 2022 monthly Jan 2008 - Apr 2022
Ukraine (% Point) 12.5 Dec 2021 quarterly Sep 2013 - Dec 2021
United Kingdom (% Point) 8.4 Dec 2020 monthly Jan 1986 - Dec 2020
United States (% Point) -10.4 Apr 2022 monthly Jan 1949 - Apr 2022
Uruguay (% Point) 55.0 Dec 2021 monthly Oct 1999 - Dec 2021

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Philippines Key Series

Buy Selected Data

Includes 261 key indicators for Philippines, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -8.3 Mar 2022 quarterly Dec 1985 - Mar 2022
Consolidated Fiscal Balance (USD mn) -3,603.833 Mar 2022 monthly Jan 1985 - Mar 2022
Tax Revenue (USD mn) 4,687.483 Mar 2022 monthly Jan 1985 - Mar 2022
Tax Revenue: % of GDP (%) 14.1 Mar 2022 quarterly Mar 1985 - Mar 2022
National Government Debt (USD mn) 244,029.7 Mar 2022 monthly Jan 1993 - Mar 2022
Government Debt: % of GDP (%) 63.5 Mar 2022 quarterly Mar 1993 - Mar 2022
Forecast: Government Expenditure (PHP bn) 7,838.262 2027 yearly 1989 - 2027
Forecast: Government Net Debt (PHP bn) 18,870.859 2027 yearly 1993 - 2027
Forecast: Government Revenue (PHP bn) 7,298.928 2027 yearly 1989 - 2027
Govt Debt: Domestic and Foreign: Outstanding: Short Term (PHP mn) 656,601.000 Mar 2022 monthly Jan 2006 - Mar 2022
Govt Debt: Domestic and Foreign: Outstanding: Long Term (PHP mn) 8,137,738.000 Mar 2022 monthly Jan 2006 - Mar 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 11.010 2027 yearly 1980 - 2027
Trade Balance (USD mn) -5,003.9 Mar 2022 monthly Jan 1957 - Mar 2022
Total Exports (USD mn) 7,170.9 Mar 2022 monthly Jan 1979 - Mar 2022
Total Exports Growth (%) 5.9 Mar 2022 monthly Jan 1980 - Mar 2022
Aluminum: Exports (USD th) 135,862.497 2020 yearly 1995 - 2020
Exports: Medicament (USD th) 39,815.275 2020 yearly 1995 - 2020
Exports: Medicinal and Pharmaceutical Product (USD th) 9,366.205 2020 yearly 1995 - 2020
Total Imports (USD mn) 12,174.9 Mar 2022 monthly Jan 1979 - Mar 2022
Total Imports Growth (%) 27.7 Mar 2022 monthly Jan 1980 - Mar 2022
Imports: Medicament (USD th) 1,362,507.431 2020 yearly 1995 - 2020
Imports: Medicinal and Pharmaceutical Product (USD th) 475,680.308 2020 yearly 1995 - 2020
Total Exports to USA (USD mn) 1,089.989 Mar 2022 monthly Jan 1978 - Mar 2022
Total Imports from USA (USD mn) 869.836 Mar 2022 monthly Jan 1986 - Mar 2022
Total Exports to China (USD mn) 1,183.734 Mar 2022 monthly Jan 1984 - Mar 2022
Total Imports from China (USD mn) 2,133.406 Mar 2022 monthly Jan 1986 - Mar 2022
Imports: Iron and Steel (USD mn) 382.669 Dec 2018 monthly Jan 2006 - Dec 2018
Imports: Metalliferous Ores and Metal Scrap (USD mn) 83.443 Dec 2018 monthly Jan 2006 - Dec 2018
Imports: Medicinal and Pharmaceutical Products (USD mn) 108.103 Dec 2018 monthly Jan 2006 - Dec 2018
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 502.5 Dec 2021 monthly Jan 2005 - Dec 2021
Current Account Balance (USD mn) -2,045.9 Dec 2021 monthly Jan 1999 - Dec 2021
Current Account Balance: % of GDP (%) -3.5 Dec 2021 quarterly Mar 1981 - Dec 2021
Foreign Direct Investment (USD mn) 893.1 Feb 2022 monthly Jan 2005 - Feb 2022
Foreign Direct Investment: % of GDP (%) 2.7 Dec 2021 quarterly Mar 2005 - Dec 2021
Foreign Portfolio Investment (USD mn) -228.061 Dec 2021 quarterly Mar 2005 - Dec 2021
Foreign Portfolio Investment: % of GDP (%) -0.2 Dec 2021 quarterly Dec 1980 - Dec 2021
Foreign Portfolio Investment: Equity Securities (USD mn) 1,685.4 Dec 2021 quarterly Mar 1996 - Dec 2021
Foreign Portfolio Investment: Debt Securities (USD mn) -1,913.412 Dec 2021 quarterly Mar 1977 - Dec 2021
External Debt (USD mn) 106,428.3 Dec 2021 quarterly Mar 2005 - Dec 2021
External Debt: % of GDP (%) 27.0 2021 yearly 1990 - 2021
External Debt: Short Term (USD mn) 15,089.6 Dec 2021 quarterly Mar 2005 - Dec 2021
External Debt: Short Term: % of GDP (%) 3.8 2021 yearly 2005 - 2021
Forecast: Current Account Balance (USD bn) -10.984 2027 yearly 1980 - 2027
Net International Investment Position (USD mn) -27,602.578 Dec 2021 quarterly Dec 2012 - Dec 2021
BoP: FA: OI: Net Acquisition of Financial Assets (USD mn) 1,533.330 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: FA: Net Incurrence of Liabilities (USD mn) 4,493.859 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: CA: Goods: Credit: Export (USD mn) 4,501.902 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: Capital Account (CA) (USD mn) 6.809 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: CA: Import (USD mn) 13,737.854 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: CA: Secondary Income: Credit: Receipts (USD mn) 2,901.822 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: CA: Primary Income: Debit: Payments (USD mn) 915.551 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: Change in Reserve Assets: Debit (USD mn) 973.435 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: FA: DI: Net Incurrence of Liabilities (USD mn) 893.098 Feb 2022 monthly Jan 2005 - Feb 2022
BoP: Financial Account (FA) (USD mn) -3,079.011 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: CA: Secondary Income (USD mn) 2,817.616 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: FA: OI: Net Incurrence of Liabilities (USD mn) 675.964 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: CA: Export (USD mn) 11,691.962 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: Current Account (CA) (USD mn) -2,045.892 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: FA: DI: Net Acquisition of Financial Assets (USD mn) 502.514 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: CA: Credit: Receipts (USD mn) 8.307 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: CA: Goods (USD mn) -6,196.311 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: CA: Debit: Payments (USD mn) 1.498 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: CA: Services (USD mn) 1,134.558 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: FA: Direct Investment (DI) (USD mn) -563.613 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: FA: Financial Derivatives (FD) (USD mn) -73.003 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: CA: Primary Income (USD mn) 198.245 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: FA: FD: Net Acquisition of Financial Assets (USD mn) -99.266 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: CA: Goods: Debit: Import (USD mn) 10,698.213 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: FA: FD: Net Incurrence of Liabilities (USD mn) -26.262 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: FA: PI: Net Incurrence of Liabilities (USD mn) 2,778.031 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: FA: Other Investments (OI) (USD mn) 857.366 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: CA: Services: Credit: Export (USD mn) 3,174.440 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: FA: PI: Net Acquisition of Financial Assets (USD mn) -521.729 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: CA: Secondary Income: Debit: Payments (USD mn) 84.206 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: CA: Services: Debit: Import (USD mn) 2,039.883 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: FA: Net Acquisition of Financial Assets (USD mn) 1,414.849 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: FA: Portfolio Investment (PI) (USD mn) -3,299.760 Dec 2021 monthly Jan 2005 - Dec 2021
BoP: CA: Primary Income: Credit: Receipts (USD mn) 1,113.797 Dec 2021 monthly Jan 2005 - Dec 2021
External Debt: By Country Profile: Country: Japan (USD mn) 14,572.103 Dec 2021 quarterly Mar 2005 - Dec 2021
External Debt: By Country Profile: Country: France (USD mn) 882.389 Dec 2021 quarterly Mar 2005 - Dec 2021
External Debt: By Country Profile: Country: UK (USD mn) 2,827.201 Dec 2021 quarterly Mar 2005 - Dec 2021
External Debt: Medium and Long Term (USD mn) 91,338.698 Dec 2021 quarterly Mar 2005 - Dec 2021
External Debt: By Country Profile: Country: Germany (USD mn) 1,000.556 Dec 2021 quarterly Mar 2005 - Dec 2021
External Debt: By Country Profile: Country: USA (USD mn) 3,828.259 Dec 2021 quarterly Mar 2005 - Dec 2021
FDI: Approved: Transportation & Storage (PHP mn) 43.835 Dec 2021 quarterly Mar 2010 - Dec 2021
FDI: Approved: Manufacturing (PHP mn) 2,134.265 Dec 2021 quarterly Mar 2010 - Dec 2021
FDI: Approved: Real Estate Activities (PHP mn) 1,207.029 Dec 2021 quarterly Mar 2010 - Dec 2021
FDI: Approved: Information & Communication (PHP mn) 127,171.919 Dec 2021 quarterly Mar 2010 - Dec 2021
FDI: Approved: Administrative & Support Services (PHP mn) 2,084.565 Dec 2021 quarterly Mar 2010 - Dec 2021
Business Closure (BC): All Industries (Unit) 3,294.000 2017 yearly 1995 - 2017
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.2 Feb 2022 monthly Jan 2013 - Feb 2022
Household Debt: % of GDP (%) 10.2 Dec 2021 quarterly Mar 2009 - Dec 2021
Non-Performing Loans (USD mn) 8,911.123 Dec 2021 quarterly Mar 2013 - Dec 2021
Money Supply M1 (USD mn) 120,922.977 Mar 2022 monthly Dec 1988 - Mar 2022
Money Supply M2 (USD mn) 280,941.568 Mar 2022 monthly Dec 1988 - Mar 2022
M2 Growth (%) 8.2 Mar 2022 monthly Dec 1989 - Mar 2022
Reserve Requirement Ratio (%) 12.0 Apr 2022 monthly May 1986 - Apr 2022
Foreign Exchange Reserves (USD mn) 92,823.2 Apr 2022 monthly Jan 1960 - Apr 2022
Foreign Exchange Reserves: Months of Import (NA) 7.7 Mar 2022 monthly Jan 1979 - Mar 2022
Gold Reserves (USD mn) 9,277.468 Apr 2022 monthly Dec 1956 - Apr 2022
Total Deposits (USD mn) 319,772.658 Dec 2021 quarterly Mar 2008 - Dec 2021
Total Deposits Growth (%) 9.0 Dec 2021 quarterly Mar 2009 - Dec 2021
Domestic Credit (USD mn) 286,230.9 Mar 2022 monthly Dec 2001 - Mar 2022
Domestic Credit Growth (%) 7.3 Mar 2022 monthly Dec 2002 - Mar 2022
Household Debt (USD mn) 38,920.1 Dec 2021 quarterly Mar 2009 - Dec 2021
Total Loans (USD mn) 204,020.724 Feb 2022 monthly Mar 2008 - Feb 2022
Total Loans Growth (%) 5.50 Feb 2022 monthly Mar 2009 - Feb 2022
Private Debt: % of Nominal GDP (%) 48.59 Mar 2022 quarterly Dec 2001 - Mar 2022
DCS: LA: M4: M3: M2 (PHP mn) 14,597,723.853 Mar 2022 monthly Dec 2001 - Mar 2022
DCS: LA: M4: M3: M2: M1 (PHP mn) 6,283,157.885 Mar 2022 monthly Dec 2001 - Mar 2022
DCS: LA: M4: M3 (PHP mn) 15,243,735.260 Mar 2022 monthly Dec 2001 - Mar 2022
DCS: Domestic Claims (DC) (PHP mn) 14,872,558.468 Mar 2022 monthly Dec 2001 - Mar 2022
ORA: Other Reserve Assets (USD mn) 1,552.07 Jun 2018 monthly Apr 2000 - Jun 2018
Reserve Requirement Ratio: Commercial Banks: Local Currency Deposits (%) 12.000 Apr 2022 monthly May 1986 - Apr 2022
CL: PBS: Real Estate: Residential (PHP bn) 890.466 Dec 2021 quarterly Mar 2009 - Dec 2021
Consumer Loans (CL): Philippine Banking System (PBS) (PHP bn) 1,976.127 Dec 2021 quarterly Mar 2009 - Dec 2021
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 61.869 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) 11.6 Mar 2022 quarterly Jun 2002 - Mar 2022
Business Outlook: Index: Industry: Current Quarter (Point) 31.203 Mar 2022 quarterly Jun 2001 - Mar 2022
Business Outlook: Index: Services: Current Quarter (Point) 40.469 Mar 2022 quarterly Jun 2001 - Mar 2022
PH: Ease of Doing Business Rank: 1=Most Business-friendly Regulations (NA) 95.000 2019 yearly 2019 - 2019

More Indicators for Philippines

Check out our pricing options.

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

View pricing options

CEIC Flex

from $49

Entry level access to the CEIC platform for individual users. Download limits apply. Payable monthly by credit card.

View this option

CEIC Unlimited

Request a Demo

Full and unlimited access to CEIC data for multiple users. Suitable for enterprise usage. Available via annual subscription to one or more of CEIC’s global and premium databases.

Request a demo
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data