Philippines Non Performing Loans Ratio
Philippines Non Performing Loans Ratio stood at 3.5 % in Sep 2020, compared with the ratio of 2.8 % in the previous month. Philippines Non Performing Loans Ratio data is updated monthly, available from Jan 2013 to Sep 2020. The data reached an all-time high of 3.5 % in Jan 2013 and a record low of 1.7 % in Dec 2017. Bangko Sentral ng Pilipinas provides monthly Non Performing Loans Ratio. Non Performing Loans are defined as past due loan accounts whose principal and/or interest is unpaid for 30 days or more after due date (applicable to loans payable in lump sum and loans payable in quarterly, semi-annual or annual instalments), including the outstanding balance of loans payable in monthly instalments when 3 or more instalments are in arrears, the outstanding balance of loans payable daily, weekly or semi-monthly instalments when the total amount of arrearages reaches 10% of the total loan receivable balance, restructured loans which do not meet the requirements to be treated as performing loans under existing rules and regulations, and all items in litigation. Effective from September 2002, NPLs exclude loans classified as Loss in the latest BSP examination which are fully covered by allowance for probable losses and applicable to a bank with no unbooked valuation reserves and other capital adjustments required by the BSP (Circular No. 351). Also, NPL ratio is inclusive of interbank loans.
In the latest reports, Money Supply M2 in Philippines increased 12.6 % YoY in Sep 2020. Philippines Foreign Exchange Reserves was measured at 90.1 USD bn in Oct 2020. The Foreign Exchange Reserves equaled 10.8 Months of Import in Sep 2020. The country's Domestic Credit reached 276.9 USD bn in Sep 2020, representing an increased of 8.2 % YoY.
View Philippines's Non Performing Loans Ratio from Jan 2013 to Sep 2020 in the chart:
What was Philippines's Non Performing Loans Ratio in Sep 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 3.5 Sep 2020 | 2.8 Aug 2020 | 1.7 Dec 2017 | 3.5 Jan 2013 | % | monthly | Jan 2013 - Sep 2020 |
Non Performing Loans Ratio by Country Comparison
Buy Selected Data
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 8.3 Sep 2020 | monthly | Jul 2007 - Sep 2020 |
| Algeria (%) | 12.7 2018 | yearly | 2009 - 2018 |
| Argentina (%) | 4.8 Sep 2020 | monthly | Dec 2002 - Sep 2020 |
| Armenia (%) | 6.0 Sep 2020 | monthly | Jan 2005 - Sep 2020 |
| Australia (%) | 1.1 Sep 2020 | quarterly | Jun 2004 - Sep 2020 |
| Austria (%) | 2.2 Dec 2019 | semiannually | Dec 2009 - Dec 2019 |
| Azerbaijan (%) | 5.9 Mar 2015 | quarterly | Dec 2009 - Mar 2015 |
| Bahrain (%) | 5.5 Mar 2018 | semiannually | Mar 2013 - Mar 2018 |
| Bangladesh (%) | 9.2 Jun 2020 | quarterly | Mar 2003 - Jun 2020 |
| Belarus (%) | 1.0 Dec 2018 | quarterly | Dec 2003 - Dec 2018 |
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 doPhilippines Key Series
Buy Selected Data
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -6.8 Sep 2020 | quarterly | Dec 1985 - Sep 2020 |
| Consolidated Fiscal Balance (USD mn) | -1,265.671 Oct 2020 | monthly | Jan 1985 - Oct 2020 |
| Tax Revenue (USD mn) | 4,888.179 Nov 2020 | monthly | Jan 1985 - Nov 2020 |
| Tax Revenue: % of GDP (%) | 15.1 Sep 2020 | quarterly | Mar 1985 - Sep 2020 |
| National Government Debt (USD mn) | 210,678.5 Nov 2020 | monthly | Jan 1993 - Nov 2020 |
| Government Debt: % of GDP (%) | 51.2 Sep 2020 | quarterly | Mar 1993 - Sep 2020 |
| Forecast: Government Expenditure (PHP bn) | 7,042.801 2025 | yearly | 1989 - 2025 |
| Forecast: Government Net Debt (PHP bn) | 17,355.036 2025 | yearly | 1993 - 2025 |
| Forecast: Government Revenue (PHP bn) | 5,270.195 2025 | yearly | 1989 - 2025 |
| Govt Debt: Domestic and Foreign: Outstanding: Short Term (PHP mn) | 1,496,440.000 Nov 2020 | monthly | Jan 2006 - Nov 2020 |
| Govt Debt: Domestic and Foreign: Outstanding: Long Term (PHP mn) | 6,418,242.000 Nov 2020 | monthly | Jan 2006 - Nov 2020 |
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 optionsCEIC Express
Instant download of the data related to the indicator on this page including full history in Excel format. Purchase by credit card. View a sample
CEIC Flex
Entry level access to the CEIC platform for individual users. Download limits apply. Payable monthly by credit card.
CEIC Unlimited
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.