Philippines Household Debt
Key information about Philippines Household Debt
- Philippines Household Debt reached 42.1 USD bn in Mar 2023, compared with the reported number of 39.8 USD bn in the previous quarter
- Philippines Household Debt: USD mn data is updated quarterly, available from Mar 2009 to Mar 2023
- The data reached an all-time high of 42.1 USD bn in Mar 2023 and a record low of 8.0 USD bn in Mar 2009
CEIC converts quarterly Household Debt into USD. Bangko Sentral ng Pilipinas provides Household Debt in local currency. Bangko Sentral ng Pilipinas period end market exchange rate is used for currency conversions. Loans are used due to the lack of Flow of Funds statistics.
Further information about Philippines Household Debt
- In the latest reports, Philippines Household Debt accounted for 10.1 % of the country's Nominal GDP in Mar 2023
- Money Supply M2 in Philippines increased 281.5 USD bn YoY in May 2023
- Philippines Foreign Exchange Reserves was measured at 84.8 USD bn in Jun 2023
- The Foreign Exchange Reserves equaled 7.9 Months of Import in May 2023
- Philippines Domestic Credit reached 302.4 USD bn in May 2023, representing an increased of 11.4 % YoY
View Philippines's Household Debt from Mar 2009 to Mar 2023 in the chart:
What was Philippines's Household Debt in Mar 2023?
Philippines Household Debt reached 42.1 USD bn in Mar 2023, compared with the reported number of 39.8 USD bn in the previous quarter See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
42,087.4 Mar 2023 | 39,805.4 Dec 2022 | 7,968.0 Mar 2009 | 42,087.4 Mar 2023 | USD mn | quarterly | Mar 2009 - Mar 2023 |
Household Debt by Country Comparison
Buy Selected Data
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (USD mn) | 2,802.9 Jul 2023 | monthly | Jul 2007 - Jul 2023 |
Argentina (USD mn) | 14,786.7 Aug 2023 | monthly | Jul 2002 - Aug 2023 |
Armenia (USD mn) | 5,755.0 Jul 2023 | monthly | Jan 2000 - Jul 2023 |
Australia (USD mn) | 1,964,124.4 Dec 2022 | quarterly | Jun 1988 - Dec 2022 |
Austria (USD mn) | 236,071.3 Mar 2023 | quarterly | Mar 1999 - Mar 2023 |
Azerbaijan (USD mn) | 7,490.6 Jul 2023 | monthly | Jan 2005 - Jul 2023 |
Belarus (USD mn) | 6,252.4 Jul 2023 | monthly | Dec 2006 - Jul 2023 |
Belgium (USD mn) | 365,548.5 Dec 2022 | quarterly | Dec 1992 - Dec 2022 |
Bolivia (USD mn) | 5,010.0 Mar 2023 | quarterly | Jun 1999 - Mar 2023 |
Bosnia and Herzegovina (USD mn) | 6,454.0 Jul 2023 | monthly | Aug 1997 - Jul 2023 |
Botswana (USD mn) | 3,842.2 Mar 2023 | monthly | Dec 2002 - Mar 2023 |
Brunei (USD mn) | 2,130.8 Mar 2023 | quarterly | Mar 2011 - Mar 2023 |
Bulgaria (USD mn) | 23,680.7 2021 | yearly | 1995 - 2021 |
Cambodia (USD mn) | 10,772.5 Jun 2023 | monthly | Jul 2008 - Jun 2023 |
Canada (USD mn) | 2,163,242.1 Jun 2023 | monthly | Jan 1969 - Jun 2023 |
Chile (USD mn) | 133,239.1 Jul 2023 | monthly | Jan 2009 - Jul 2023 |
China (USD mn) | 10,914,419.5 May 2023 | monthly | Jan 2007 - May 2023 |
Colombia (USD mn) | 70,684.7 May 2023 | monthly | Apr 1995 - May 2023 |
Croatia (USD mn) | 23,656.6 Dec 2022 | quarterly | Mar 2012 - Dec 2022 |
Cyprus (USD mn) | 27,517.3 2021 | yearly | 1995 - 2021 |
Czech Republic (USD mn) | 119,955.2 Mar 2023 | quarterly | Mar 2004 - Mar 2023 |
Denmark (USD mn) | 353,730.6 2022 | yearly | 1994 - 2022 |
Ecuador (USD mn) | 18,894.8 Jul 2023 | monthly | Oct 2006 - Jul 2023 |
Egypt (USD mn) | 27,483.3 Jul 2023 | monthly | Dec 2002 - Jul 2023 |
Estonia (USD mn) | 14,656.3 Dec 2022 | quarterly | Dec 2003 - Dec 2022 |
European Union (USD mn) | 7,313,020.2 Jul 2023 | monthly | Jan 1999 - Jul 2023 |
Finland (USD mn) | 216,720.1 2022 | yearly | 1995 - 2022 |
France (USD mn) | 2,111,294.3 Dec 2022 | quarterly | Dec 1995 - Dec 2022 |
Georgia (USD mn) | 9,611.4 Jun 2023 | monthly | Oct 2003 - Jun 2023 |
Germany (USD mn) | 2,285,627.7 Dec 2022 | quarterly | Mar 1991 - Dec 2022 |
Greece (USD mn) | 111,200.2 Dec 2022 | quarterly | Dec 1997 - Dec 2022 |
Hong Kong SAR, China (USD mn) | 352,307.3 Jun 2023 | quarterly | Mar 1982 - Jun 2023 |
Hungary (USD mn) | 42,240.2 Jun 2023 | quarterly | Dec 1989 - Jun 2023 |
Iceland (USD mn) | 20,903.2 Dec 2022 | quarterly | Dec 1991 - Dec 2022 |
India (USD mn) | 440,993.6 2022 | yearly | 1998 - 2022 |
Indonesia (USD mn) | 126,379.5 Jul 2023 | monthly | Jan 2002 - Jul 2023 |
Ireland (USD mn) | 157,995.7 Dec 2021 | quarterly | Mar 2002 - Dec 2021 |
Israel (USD mn) | 210,692.0 May 2023 | monthly | Sep 1992 - May 2023 |
Italy (USD mn) | 1,103,083.6 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Japan (USD mn) | 2,886,220.7 Mar 2023 | quarterly | Dec 1997 - Mar 2023 |
Jordan (USD mn) | 41,498.6 Jun 2023 | monthly | Jan 2002 - Jun 2023 |
Kazakhstan (USD mn) | 36,728.3 Jul 2023 | monthly | Dec 1997 - Jul 2023 |
South Korea (USD mn) | 1,742,901.9 Mar 2023 | quarterly | Dec 2002 - Mar 2023 |
Kosovo (USD mn) | 1,989.3 Jul 2023 | monthly | Sep 2002 - Jul 2023 |
Kuwait (USD mn) | 1,082.8 Jul 2023 | monthly | Jan 2002 - Jul 2023 |
Kyrgyzstan (USD mn) | 821.2 Jul 2023 | monthly | Jan 1996 - Jul 2023 |
Latvia (USD mn) | 8,294.2 Dec 2022 | quarterly | Mar 2004 - Dec 2022 |
Lithuania (USD mn) | 18,471.7 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Luxembourg (USD mn) | 57,107.4 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
Macau SAR, China (USD mn) | 41,973.8 Mar 2023 | quarterly | Dec 1998 - Mar 2023 |
North Macedonia (USD mn) | 3,996.1 Jul 2023 | monthly | Jan 2003 - Jul 2023 |
Malawi (USD mn) | 17.7 Dec 2011 | monthly | Jan 2006 - Dec 2011 |
Malaysia (USD mn) | 329,848.6 2022 | yearly | 2002 - 2022 |
Malta (USD mn) | 8,801.5 Jul 2023 | monthly | Oct 2003 - Jul 2023 |
Mexico (USD mn) | 288,782.5 Jun 2023 | quarterly | Dec 2000 - Jun 2023 |
Mongolia (USD mn) | 4,034.8 Jul 2023 | monthly | Jan 2004 - Jul 2023 |
Montenegro (USD mn) | 1,791.7 Jul 2023 | monthly | Dec 2004 - Jul 2023 |
Morocco (USD mn) | 34,776.1 Jul 2023 | monthly | Dec 2001 - Jul 2023 |
Netherlands (USD mn) | 1,024,141.3 Mar 2023 | quarterly | Mar 1999 - Mar 2023 |
New Zealand (USD mn) | 226,775.0 Jul 2023 | monthly | Dec 1990 - Jul 2023 |
Norway (USD mn) | 430,059.9 Jun 2023 | quarterly | Dec 1995 - Jun 2023 |
Panama (USD mn) | 31,050.8 Jul 2023 | monthly | Oct 2005 - Jul 2023 |
Peru (USD mn) | 46,230.9 Jul 2023 | monthly | Jan 2001 - Jul 2023 |
Philippines (USD mn) | 42,087.4 Mar 2023 | quarterly | Mar 2009 - Mar 2023 |
Poland (USD mn) | 189,165.1 Dec 2022 | quarterly | Dec 2003 - Dec 2022 |
Portugal (USD mn) | 190,497.6 Dec 2022 | quarterly | Dec 1994 - Dec 2022 |
Romania (USD mn) | 50,609.1 Mar 2023 | quarterly | Mar 2007 - Mar 2023 |
Russia (USD mn) | 352,772.5 Jul 2023 | monthly | Dec 2000 - Jul 2023 |
Saudi Arabia (USD mn) | 125,029.6 Jun 2023 | quarterly | Mar 1998 - Jun 2023 |
Serbia (USD mn) | 13,371.4 May 2023 | monthly | Dec 2003 - May 2023 |
Singapore (USD mn) | 274,705.2 Jul 2023 | monthly | Mar 2004 - Jul 2023 |
Slovakia (USD mn) | 59,230.3 Mar 2023 | quarterly | Mar 2004 - Mar 2023 |
Slovenia (USD mn) | 18,245.3 Mar 2023 | quarterly | Mar 2004 - Mar 2023 |
South Africa (USD mn) | 158,925.2 Dec 2022 | quarterly | Mar 1969 - Dec 2022 |
Spain (USD mn) | 808,346.7 Mar 2023 | quarterly | Dec 1989 - Mar 2023 |
Sri Lanka (USD mn) | 6,081.4 Mar 2023 | quarterly | Jun 2010 - Mar 2023 |
Sweden (USD mn) | 524,368.4 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
Switzerland (USD mn) | 1,089,387.5 2022 | yearly | 1999 - 2022 |
Syria (USD mn) | 8,543.6 Dec 2011 | monthly | Dec 2006 - Dec 2011 |
Taiwan (USD mn) | 710,001.8 2021 | yearly | 2000 - 2021 |
Thailand (USD mn) | 436,311.8 Dec 2022 | quarterly | Mar 2003 - Dec 2022 |
Tunisia (USD mn) | 14.4 Mar 2021 | monthly | Jan 2007 - Mar 2021 |
Turkey (USD mn) | 80,564.3 Jul 2023 | monthly | Jan 1986 - Jul 2023 |
Ukraine (USD mn) | 6,092.9 Jul 2023 | monthly | Dec 2002 - Jul 2023 |
United Arab Emirates (USD mn) | 457,475.8 Apr 2023 | monthly | Dec 2013 - Apr 2023 |
United Kingdom (USD mn) | 2,705,301.2 Dec 2022 | quarterly | Mar 1987 - Dec 2022 |
United States (USD mn) | 17,063,000.0 Jun 2023 | quarterly | Mar 1999 - Jun 2023 |
Uruguay (USD mn) | 6,856.5 May 2022 | monthly | Jun 2005 - May 2022 |
Venezuela (USD mn) | 27.5 Mar 2023 | monthly | Jan 2004 - Mar 2023 |
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Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -6.4 Jun 2023 | quarterly | Dec 1985 - Jun 2023 |
Consolidated Fiscal Balance (USD mn) | -870.594 Jul 2023 | monthly | Jan 1985 - Jul 2023 |
Tax Revenue (USD mn) | 6,345.539 Jul 2023 | monthly | Jan 1985 - Jul 2023 |
Tax Revenue: % of GDP (%) | 16.0 Jun 2023 | quarterly | Mar 1985 - Jun 2023 |
National Government Debt (USD mn) | 259,709.6 Jul 2023 | monthly | Jan 1993 - Jul 2023 |
Government Debt: % of GDP (%) | 61.0 Jun 2023 | quarterly | Mar 1993 - Jun 2023 |
Forecast: Government Expenditure (PHP bn) | 9,580.303 2028 | yearly | 1989 - 2028 |
Forecast: Government Net Debt (PHP bn) | 19,729.257 2028 | yearly | 1993 - 2028 |
Forecast: Government Revenue (PHP bn) | 8,743.588 2028 | yearly | 1989 - 2028 |
Govt Debt: Domestic and Foreign: Outstanding: Short Term (PHP mn) | 499,064.000 Jul 2023 | monthly | Jan 2006 - Jul 2023 |
Govt Debt: Domestic and Foreign: Outstanding: Long Term (PHP mn) | 11,143,498.000 Jul 2023 | monthly | Jan 2006 - Jul 2023 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 5.556 2028 | yearly | 1980 - 2028 |
Trade Balance (USD mn) | -4,200.9 Jul 2023 | monthly | Jan 1957 - Jul 2023 |
Total Exports (USD mn) | 6,144.7 Jul 2023 | monthly | Jan 1979 - Jul 2023 |
Total Exports Growth (%) | -1.2 Jul 2023 | monthly | Jan 1980 - Jul 2023 |
Aluminum: Exports (USD th) | 178,900.107 2022 | yearly | 1995 - 2022 |
Exports: Medicament (USD th) | 61,685.472 2022 | yearly | 1995 - 2022 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 11,340.083 2022 | yearly | 1995 - 2022 |
Total Imports (USD mn) | 10,345.6 Jul 2023 | monthly | Jan 1979 - Jul 2023 |
Total Imports Growth (%) | -15.3 Jul 2023 | monthly | Jan 1980 - Jul 2023 |
Imports: Medicament (USD th) | 1,570,518.510 2022 | yearly | 1995 - 2022 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 1,269,332.939 2022 | yearly | 1995 - 2022 |
Total Exports to USA (USD mn) | 1,040.800 Jul 2023 | monthly | Jan 1978 - Jul 2023 |
Total Imports from USA (USD mn) | 687.527 Jul 2023 | monthly | Jan 1986 - Jul 2023 |
Total Exports to China (USD mn) | 999.190 Jun 2023 | monthly | Jan 1984 - Jun 2023 |
Total Imports from China (USD mn) | 2,381.118 Jun 2023 | monthly | Jan 1986 - Jun 2023 |
Imports: Metalliferous Ores and Metal Scrap (USD mn) | 83.443 Dec 2018 | monthly | Jan 2006 - Dec 2018 |
Imports: Iron and Steel (USD mn) | 382.669 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) | 713.9 Mar 2023 | monthly | Jan 2005 - Mar 2023 |
Current Account Balance (USD mn) | -1,916.9 Mar 2023 | monthly | Jan 1999 - Mar 2023 |
Current Account Balance: % of GDP (%) | -4.3 Mar 2023 | quarterly | Mar 1981 - Mar 2023 |
Foreign Direct Investment (USD mn) | 483.8 Jun 2023 | monthly | Jan 2005 - Jun 2023 |
Foreign Direct Investment: % of GDP (%) | 1.7 Jun 2023 | quarterly | Mar 2005 - Jun 2023 |
Foreign Portfolio Investment (USD mn) | 1,046.922 Mar 2023 | quarterly | Mar 2005 - Mar 2023 |
Foreign Portfolio Investment: % of GDP (%) | 1.0 Mar 2023 | quarterly | Dec 1980 - Mar 2023 |
Foreign Portfolio Investment: Equity Securities (USD mn) | 12.9 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
Foreign Portfolio Investment: Debt Securities (USD mn) | 341.461 Mar 2023 | quarterly | Mar 1977 - Mar 2023 |
External Debt (USD mn) | 118,811.8 Mar 2023 | quarterly | Mar 2005 - Mar 2023 |
External Debt: % of GDP (%) | 27.5 2022 | yearly | 1990 - 2022 |
External Debt: Short Term (USD mn) | 17,352.9 Mar 2023 | quarterly | Mar 2005 - Mar 2023 |
External Debt: Short Term: % of GDP (%) | 4.1 2022 | yearly | 2005 - 2022 |
Forecast: Current Account Balance (USD bn) | -4.417 2028 | yearly | 1980 - 2028 |
Net International Investment Position (USD mn) | -47,040.311 Mar 2023 | quarterly | Dec 2012 - Mar 2023 |
BoP: Financial Account (FA) (USD mn) | -1,788.629 Mar 2023 | monthly | Jan 2005 - Mar 2023 |
BoP: FA: DI: Net Incurrence of Liabilities (USD mn) | 483.783 Jun 2023 | monthly | Jan 2005 - Jun 2023 |
External Debt: Medium and Long Term (USD mn) | 101,458.902 Mar 2023 | quarterly | Mar 2005 - Mar 2023 |
External Debt: By Country Profile: Country: Japan (USD mn) | 14,309.060 Mar 2023 | quarterly | Mar 2005 - Mar 2023 |
External Debt: By Country Profile: Country: USA (USD mn) | 3,573.893 Mar 2023 | quarterly | Mar 2005 - Mar 2023 |
External Debt: By Country Profile: Country: UK (USD mn) | 3,227.987 Mar 2023 | quarterly | Mar 2005 - Mar 2023 |
External Debt: By Country Profile: Country: France (USD mn) | 1,102.747 Mar 2023 | quarterly | Mar 2005 - Mar 2023 |
External Debt: By Country Profile: Country: Germany (USD mn) | 880.325 Sep 2022 | quarterly | Mar 2005 - Sep 2022 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 3.4 Jun 2023 | monthly | Mar 2008 - Jun 2023 |
Household Debt: % of GDP (%) | 10.1 Mar 2023 | quarterly | Mar 2009 - Mar 2023 |
Non-Performing Loans (USD mn) | 7,891.416 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
Money Supply M1 (USD mn) | 116,658.567 Jun 2023 | monthly | Dec 1988 - Jun 2023 |
Money Supply M2 (USD mn) | 287,202.736 Jun 2023 | monthly | Dec 1988 - Jun 2023 |
M2 Growth (%) | 6.8 Jun 2023 | monthly | Dec 1989 - Jun 2023 |
Reserve Requirement Ratio (%) | 9.5 Jul 2023 | monthly | May 1986 - Jul 2023 |
Foreign Exchange Reserves (USD mn) | 84,777.6 Aug 2023 | monthly | Jan 1960 - Aug 2023 |
Foreign Exchange Reserves: Months of Import (NA) | 8.2 Jul 2023 | monthly | Jan 1979 - Jul 2023 |
Gold Reserves (USD mn) | 10,231.554 Aug 2023 | monthly | Dec 1956 - Aug 2023 |
Total Deposits (USD mn) | 321,659.315 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
Total Deposits Growth (%) | 8.0 Jun 2023 | quarterly | Mar 2009 - Jun 2023 |
Domestic Credit (USD mn) | 310,580.4 Jun 2023 | monthly | Dec 2001 - Jun 2023 |
Domestic Credit Growth (%) | 10.1 Jun 2023 | monthly | Dec 2002 - Jun 2023 |
Household Debt (USD mn) | 42,087.4 Mar 2023 | quarterly | Mar 2009 - Mar 2023 |
Total Loans (USD mn) | 218,140.807 Jul 2023 | monthly | Mar 2008 - Jul 2023 |
Total Loans Growth (%) | 8.39 Jul 2023 | monthly | Mar 2009 - Jul 2023 |
Private Debt: % of Nominal GDP (%) | 46.92 Jun 2023 | quarterly | Dec 2001 - Jun 2023 |
DCS: LA: M4: M3: M2 (PHP mn) | 15,900,117.894 Jun 2023 | monthly | Dec 2001 - Jun 2023 |
DCS: LA: M4: M3 (PHP mn) | 16,350,071.283 Jun 2023 | monthly | Dec 2001 - Jun 2023 |
DCS: LA: M4: M3: M2: M1 (PHP mn) | 6,458,451.604 Jun 2023 | monthly | Dec 2001 - Jun 2023 |
DCS: Domestic Claims (DC) (PHP mn) | 17,194,352.608 Jun 2023 | monthly | Dec 2001 - Jun 2023 |
ORA: Other Reserve Assets (USD mn) | 1,552.07 Jun 2018 | monthly | Apr 2000 - Jun 2018 |
Reserve Requirement Ratio: Commercial Banks: Local Currency Deposits (%) | 9.500 Jul 2023 | monthly | May 1986 - Jul 2023 |
Consumer Loans (CL): Philippine Banking System (PBS) (PHP bn) | 2,290.774 Mar 2023 | quarterly | Mar 2009 - Mar 2023 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Global Competitiveness Index (Score) | 61.869 2019 | yearly | 2017 - 2019 |
Business Confidence Growth (% Point) | -6.8 Jun 2023 | quarterly | Jun 2002 - Jun 2023 |
PH: Ease of Doing Business Rank: 1=Most Business-friendly Regulations (NA) | 95.000 2019 | yearly | 2019 - 2019 |
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