Philippines Non Performing Loans Ratio

2013 - 2020 | Monthly | % | CEIC Data

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:

Philippines Non Performing Loans Ratio

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

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Includes Non Performing Loans Ratio on 111 economies standardised by CEIC. Instant access to full history data in excel.
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

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Philippines Key Series

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Includes 285 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 (%) -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

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