Philippines Non-Performing Loans

2008 - 2025 | Quarterly | USD mn | CEIC Data

Key information about Philippines Non-Performing Loans

  • Philippines Non-Performing Loans was reported at 8.946 USD bn in Dec 2025
  • This records a decrease from the previous number of 9.285 USD bn for Sep 2025
  • Philippines Non-Performing Loans data is updated quarterly, averaging 2.894 USD bn from Mar 2008 to Dec 2025, with 72 observations
  • The data reached an all-time high of 9.950 USD bn in Jun 2021 and a record low of 2.415 USD bn in Dec 2011
  • Philippines Non-Performing Loans data remains active status in CEIC and is reported by CEIC Data
  • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Non Performing Loans: USD: Quarterly

CEIC converts quarterly Non Performing Loans into USD. Bangko Sentral ng Pilipinas provides Non Performing Loans in local currency. Bangko Sentral ng Pilipinas period end market exchange rate is used for currency conversions. 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.

View Philippines's Non-Performing Loans from Mar 2008 to Dec 2025 in the chart:

Philippines Non-Performing Loans

What was Philippines's Non-Performing Loans in Dec 2025?

Philippines Non-Performing Loans was reported at 8.946 USD bn in Dec 2025 See the table below for more data.

Last Previous Min Max Unit Frequency Range
8,945.624 Dec 2025 9,285.066 Sep 2025 2,415.201 Dec 2011 9,949.553 Jun 2021 USD mn quarterly Mar 2008 - Dec 2025

Non-Performing Loans by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 435.882 Dec 2025 quarterly Dec 2010 - Dec 2025
Armenia (USD mn) 628.988 Jan 2026 monthly Dec 2008 - Jan 2026
Australia (USD mn) 34,446.704 Sep 2025 quarterly Sep 1994 - Sep 2025
Austria (USD mn) 31,220.736 Sep 2025 quarterly Dec 2006 - Sep 2025
Belarus (USD mn) 101.972 Mar 2026 monthly Dec 2014 - Mar 2026
Belgium (USD mn) 1,061.372 Mar 2026 monthly May 2024 - Mar 2026
Bosnia and Herzegovina (USD mn) 452.632 Sep 2025 quarterly Jun 2003 - Sep 2025
Botswana (USD mn) 219.430 Dec 2025 quarterly Mar 2001 - Dec 2025
Brazil (USD mn) 56,199.031 Dec 2025 quarterly Mar 2005 - Dec 2025
Brunei (USD mn) 116.466 Dec 2025 quarterly Mar 2010 - Dec 2025
Bulgaria (USD mn) 1,349.566 Dec 2025 quarterly Mar 2015 - Dec 2025
Cambodia (USD mn) 359.301 Mar 2017 quarterly Mar 1996 - Mar 2017
Chile (USD mn) 7,120.294 Mar 2026 monthly Jan 2009 - Mar 2026
China (USD mn) 494,799.614 Sep 2025 quarterly Mar 2005 - Sep 2025
Croatia (USD mn) 1,859.584 Dec 2025 quarterly Dec 2001 - Dec 2025
Cyprus (USD mn) 984.431 Feb 2026 monthly Dec 2014 - Feb 2026
Czech Republic (USD mn) 3,481.062 Mar 2026 monthly Jan 2002 - Mar 2026
Ecuador (USD mn) 3,781.226 Mar 2026 monthly Jan 2006 - Mar 2026
Estonia (USD mn) 121.285 Mar 2026 monthly Dec 2000 - Mar 2026
Finland (USD mn) 8,837.208 Dec 2025 quarterly Dec 2014 - Dec 2025
Georgia (USD mn) 410.380 May 2025 monthly Dec 2003 - May 2025
Ghana (USD mn) 2,008.748 Jun 2025 quarterly Mar 2008 - Jun 2025
Greece (USD mn) 7,521.473 Sep 2025 quarterly Sep 2008 - Sep 2025
Hungary (USD mn) 2,783.250 Dec 2025 quarterly Dec 2015 - Dec 2025
India (USD mn) 50,521.711 2024 yearly 1997 - 2024
Indonesia (USD mn) 11,106.097 Feb 2026 monthly Jan 2003 - Feb 2026
Israel (USD mn) 3,625.681 Sep 2025 quarterly Mar 2011 - Sep 2025
Italy (USD mn) 55,849.250 Dec 2025 quarterly Jun 2008 - Dec 2025
Japan (USD mn) 56,124.083 2024 yearly 1998 - 2024
Jordan (USD mn) 2,633.286 2024 yearly 2001 - 2024
Kazakhstan (USD mn) 3,578.037 Mar 2026 monthly Apr 2008 - Mar 2026
Kenya (USD mn) 2,674.259 Dec 2019 monthly Apr 2001 - Dec 2019
South Korea (USD mn) 9,124.918 Dec 2025 quarterly Jun 2001 - Dec 2025
Kosovo (USD mn) 145.650 May 2025 monthly Jul 2010 - May 2025
Kyrgyzstan (USD mn) 587.846 Oct 2025 monthly Dec 2000 - Oct 2025
Latvia (USD mn) 290.908 Dec 2025 quarterly Dec 2010 - Dec 2025
Lithuania (USD mn) 437.477 Jun 2025 quarterly Dec 2008 - Jun 2025
Macau SAR, China (USD mn) 5,952.231 Mar 2026 monthly Jan 1990 - Mar 2026
North Macedonia (USD mn) 233.627 Sep 2025 quarterly Dec 2005 - Sep 2025
Malawi (USD mn) 83.604 Sep 2024 quarterly Jun 2015 - Sep 2024
Malaysia (USD mn) 8,259.066 Mar 2026 monthly Dec 2005 - Mar 2026
Mexico (USD mn) 9,914.988 Mar 2026 monthly Jan 1997 - Mar 2026
Moldova (USD mn) 263.629 Mar 2026 monthly Jan 2017 - Mar 2026
Mongolia (USD mn) 649.289 Mar 2026 monthly Dec 1996 - Mar 2026
Montenegro (USD mn) 205.823 Jun 2024 monthly Dec 2010 - Jun 2024
Morocco (USD mn) 10,995.396 Mar 2026 monthly Dec 2001 - Mar 2026
Nepal (USD mn) 267.883 2015 yearly 2003 - 2015
Nigeria (USD mn) 3,315.011 Mar 2021 quarterly Mar 2007 - Mar 2021
Oman (USD mn) 589.857 Sep 2025 quarterly Mar 2008 - Sep 2025
Pakistan (USD mn) 3,499.384 Dec 2025 quarterly Sep 2003 - Dec 2025
Palestinian Territory (USD mn) 553.833 Jun 2024 quarterly Dec 2008 - Jun 2024
Panama (USD mn) 1,648.210 Feb 2026 monthly Dec 2008 - Feb 2026
Philippines (USD mn) 8,945.624 Dec 2025 quarterly Mar 2008 - Dec 2025
Poland (USD mn) 16,050.650 Mar 2026 monthly Dec 1996 - Mar 2026
Portugal (USD mn) 2,890.442 Mar 2026 monthly Dec 1997 - Mar 2026
Romania (USD mn) 1,741.139 Sep 2017 monthly Jun 2015 - Sep 2017
Serbia (USD mn) 837.026 Dec 2024 quarterly Sep 2008 - Dec 2024
Singapore (USD mn) 9,947.940 Dec 2019 quarterly Dec 2008 - Dec 2019
Slovakia (USD mn) 2,125.721 Mar 2026 monthly Jan 2009 - Mar 2026
South Africa (USD mn) 18,805.268 Jan 2026 monthly Jan 2008 - Jan 2026
Spain (USD mn) 38,966.002 Feb 2026 monthly Jan 1962 - Feb 2026
Taiwan, China (USD mn) 2,207.337 Feb 2026 monthly Jan 2004 - Feb 2026
Tajikistan (USD mn) 140.848 Dec 2021 monthly Jan 2000 - Dec 2021
Thailand (USD mn) 15,551.667 Mar 2026 quarterly Mar 1998 - Mar 2026
Tunisia (USD mn) 4,718.794 2024 yearly 2006 - 2024
Turkey (USD mn) 15,278.215 Mar 2026 monthly Dec 2002 - Mar 2026
Ukraine (USD mn) 9,289.541 Jun 2025 quarterly Dec 2005 - Jun 2025
United States (USD mn) 194,681.000 Dec 2025 quarterly Mar 1985 - Dec 2025
Uruguay (USD mn) 471.381 Mar 2026 monthly Dec 2002 - Mar 2026
Uzbekistan (USD mn) 1,626.549 Mar 2026 quarterly Mar 2011 - Mar 2026
Venezuela (USD mn) 6.427 Mar 2023 monthly Jan 2004 - Mar 2023
Zambia (USD mn) 148.499 Sep 2025 monthly Jan 2011 - Sep 2025

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Philippines Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.2 Mar 2026 quarterly Dec 1985 - Mar 2026
Consolidated Fiscal Balance (USD mn) -5,885.881 Mar 2026 monthly Jan 1985 - Mar 2026
Tax Revenue (USD mn) 4,654.998 Mar 2026 monthly Jan 1985 - Mar 2026
Tax Revenue: % of GDP (%) 14.0 Mar 2026 quarterly Mar 1985 - Mar 2026
National Government Debt (USD mn) 304,381.5 Mar 2026 monthly Jan 1993 - Mar 2026
Government Debt: % of GDP (%) 65.2 Mar 2026 quarterly Mar 1993 - Mar 2026
Forecast: Government Expenditure (PHP bn) 9,934.920 2031 yearly 1989 - 2031
Forecast: Government Net Debt (PHP bn) 25,111.900 2031 yearly 1993 - 2031
Forecast: Government Revenue (PHP bn) 9,229.872 2031 yearly 1989 - 2031
Govt Debt: Domestic and Foreign: Outstanding: Long Term (PHP mn) 15,391,393.000 Mar 2026 monthly Jan 2006 - Mar 2026
Govt Debt: Domestic and Foreign: Outstanding: Short Term (PHP mn) 996,803.000 Mar 2026 monthly Jan 2006 - Mar 2026
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 5.556 2028 yearly 1980 - 2028
Trade Balance (USD mn) -4,511.8 Mar 2026 monthly Jan 1957 - Mar 2026
Total Exports (USD mn) 8,167.2 Mar 2026 monthly Jan 1979 - Mar 2026
Total Exports Growth (%) 20.4 Mar 2026 monthly Jan 1980 - Mar 2026
Aluminum: Exports (USD th) 195,030.466 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 24,205.344 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 12,686.801 2024 yearly 1995 - 2024
Total Imports (USD mn) 11,219.7 Oct 2025 monthly Jan 1979 - Oct 2025
Total Imports Growth (%) 12.3 Mar 2026 monthly Jan 1980 - Mar 2026
Imports: Medicament (USD th) 1,838,565.771 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 626,781.378 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 1,400.522 Mar 2026 monthly Jan 1978 - Mar 2026
Total Imports from USA (USD mn) 804.230 Mar 2026 monthly Jan 1986 - Mar 2026
Total Exports to China (USD mn) 956.768 Mar 2026 monthly Jan 1984 - Mar 2026
Total Imports from China (USD mn) 3,503.224 Mar 2026 monthly Jan 1986 - Mar 2026
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
Export Value Index (2015=100) 126.842 2021 yearly 1980 - 2021
Import Value Index (2015=100) 179.000 2023 yearly 1980 - 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 742.4 Dec 2025 monthly Jan 2005 - Dec 2025
Current Account Balance (USD mn) -379.1 Dec 2025 monthly Jan 1999 - Dec 2025
Current Account Balance: % of GDP (%) -4.0 Jun 2025 quarterly Mar 1981 - Jun 2025
Foreign Direct Investment (USD mn) 590.3 Feb 2026 monthly Jan 2005 - Feb 2026
Foreign Direct Investment: % of GDP (%) 1.5 Dec 2025 quarterly Mar 2005 - Dec 2025
Foreign Portfolio Investment (USD mn) -1,798.205 Dec 2025 quarterly Mar 2005 - Dec 2025
Foreign Portfolio Investment: % of GDP (%) -1.3 Dec 2025 quarterly Mar 1981 - Dec 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -157.2 Dec 2025 quarterly Mar 1996 - Dec 2025
Foreign Portfolio Investment: Debt Securities (USD mn) -1,641.004 Dec 2025 quarterly Mar 1977 - Dec 2025
External Debt (USD mn) 147,650.8 Dec 2025 quarterly Mar 2005 - Dec 2025
External Debt: % of GDP (%) 30.3 2025 yearly 1990 - 2025
External Debt: Short Term (USD mn) 21,409.3 Jun 2025 quarterly Mar 2005 - Jun 2025
External Debt: Short Term: % of GDP (%) 4.2 2025 yearly 2005 - 2025
Forecast: Current Account Balance (USD bn) -20.861 2031 yearly 1980 - 2031
Net International Investment Position (USD mn) -50,829.173 Dec 2025 quarterly Dec 2012 - Dec 2025
BoP: CA: Services: Credit: Export (USD mn) 5,080.793 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: FA: DI: Net Acquisition of Financial Assets (USD mn) 742.394 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: Change in Reserve Assets: Debit (USD mn) -836.308 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: FA: PI: Net Acquisition of Financial Assets (USD mn) 5,578.880 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: FA: Financial Derivatives (FD) (USD mn) 9.236 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: FA: OI: Net Acquisition of Financial Assets (USD mn) -402.489 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: CA: Primary Income (USD mn) 32.767 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: FA: DI: Net Incurrence of Liabilities (USD mn) 590.279 Feb 2026 monthly Jan 2005 - Feb 2026
BoP: CA: Credit: Receipts (USD mn) 10.278 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: CA: Secondary Income: Debit: Payments (USD mn) 125.809 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: CA: Goods: Credit: Export (USD mn) 5,281.430 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: FA: Net Incurrence of Liabilities (USD mn) 4,461.846 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: FA: FD: Net Acquisition of Financial Assets (USD mn) -61.818 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: Financial Account (FA) (USD mn) 1,395.121 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: CA: Services: Debit: Import (USD mn) 3,624.841 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: Capital Account (CA) (USD mn) 9.231 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: CA: Secondary Income (USD mn) 3,218.838 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: CA: Goods (USD mn) -5,086.682 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: CA: Goods: Debit: Import (USD mn) 10,368.112 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: CA: Import (USD mn) 15,573.930 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: FA: FD: Net Incurrence of Liabilities (USD mn) -71.054 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: FA: OI: Net Incurrence of Liabilities (USD mn) 5,812.189 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: CA: Debit: Payments (USD mn) 1.047 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: CA: Export (USD mn) 15,194.805 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: FA: Portfolio Investment (PI) (USD mn) 7,418.164 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: CA: Services (USD mn) 1,455.953 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: FA: Net Acquisition of Financial Assets (USD mn) 5,856.967 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: CA: Primary Income: Credit: Receipts (USD mn) 1,487.935 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: FA: Direct Investment (DI) (USD mn) 182.400 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: Current Account (CA) (USD mn) -379.125 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: FA: PI: Net Incurrence of Liabilities (USD mn) -1,839.284 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: FA: Other Investments (OI) (USD mn) -6,214.679 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: CA: Secondary Income: Credit: Receipts (USD mn) 3,344.647 Dec 2025 monthly Jan 2005 - Dec 2025
BoP: CA: Primary Income: Debit: Payments (USD mn) 1,455.168 Dec 2025 monthly Jan 2005 - Dec 2025
External Debt: Medium and Long Term (USD mn) 127,417.379 Dec 2025 quarterly Mar 2005 - Dec 2025
External Debt: By Country Profile: Country: USA (USD mn) 2,328.956 Dec 2025 quarterly Mar 2005 - Dec 2025
External Debt: By Country Profile: Country: Japan (USD mn) 16,583.303 Dec 2025 quarterly Mar 2005 - Dec 2025
External Debt: By Country Profile: Country: France (USD mn) 2,309.536 Dec 2025 quarterly Mar 2005 - Dec 2025
External Debt: By Country Profile: Country: UK (USD mn) 4,003.006 Dec 2025 quarterly Mar 2005 - Dec 2025
External Debt: By Country Profile: Country: Germany (USD mn) 1,590.827 Dec 2025 quarterly Mar 2005 - Dec 2025
Business Closure (BC): All Industries (Unit) 3,294.000 2017 yearly 1995 - 2017
FDI: Approved: Real Estate Activities (PHP mn) 2,974.368 Dec 2025 quarterly Mar 2010 - Dec 2025
FDI: Approved: Information & Communication (PHP mn) 4,764.399 Dec 2025 quarterly Mar 2010 - Dec 2025
FDI: Approved: Administrative & Support Services (PHP mn) 4,154.339 Dec 2025 quarterly Mar 2010 - Dec 2025
FDI: Approved: Manufacturing (PHP mn) 34,676.438 Dec 2025 quarterly Mar 2010 - Dec 2025
FDI: Approved: Transportation & Storage (PHP mn) 4,300.624 Dec 2025 quarterly Mar 2010 - Dec 2025
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.3 Feb 2026 monthly Mar 2008 - Feb 2026
Household Debt: % of GDP (%) 13.6 Dec 2025 quarterly Mar 2008 - Dec 2025
Non-Performing Loans (USD mn) 8,945.624 Dec 2025 quarterly Mar 2008 - Dec 2025
Money Supply M1 (USD mn) 133,477.353 Feb 2026 monthly Dec 1988 - Feb 2026
Money Supply M2 (USD mn) 336,174.418 Feb 2026 monthly Dec 1988 - Feb 2026
M2 Growth (%) 10.3 Feb 2026 monthly Dec 1989 - Feb 2026
Reserve Requirement Ratio (%) 5.0 Apr 2026 monthly May 1986 - Apr 2026
Foreign Exchange Reserves (USD mn) 79,663.1 Apr 2026 monthly Jan 1960 - Apr 2026
Foreign Exchange Reserves: Months of Import (NA) 6.5 Mar 2026 monthly Jan 1979 - Mar 2026
Gold Reserves (USD mn) 19,779.505 Apr 2026 monthly Dec 1956 - Apr 2026
Total Deposits (USD mn) 372,106.521 Dec 2025 quarterly Mar 2008 - Dec 2025
Total Deposits Growth (%) 7.4 Dec 2025 quarterly Mar 2009 - Dec 2025
Domestic Credit (USD mn) 389,606.9 Feb 2026 monthly Dec 2001 - Feb 2026
Domestic Credit Growth (%) 11.0 Feb 2026 monthly Dec 2002 - Feb 2026
Household Debt (USD mn) 64,710.5 Dec 2025 quarterly Mar 2008 - Dec 2025
Total Loans (USD mn) 272,161.349 Feb 2026 monthly Mar 2008 - Feb 2026
Total Loans Growth (%) 10.11 Feb 2026 monthly Mar 2009 - Feb 2026
Private Debt: % of Nominal GDP (%) 52.11 Dec 2025 quarterly Dec 2001 - Dec 2025
YoY: DCS: LA: M4: Foreign Currency Deposits of Residents (%) 10.292 Feb 2026 monthly Dec 2002 - Feb 2026
YoY: DCS: LA: M4: M3 (%) 10.302 Feb 2026 monthly Dec 2002 - Feb 2026
YoY: DCS: LA: M4: M3: Deposit Substitutes (%) 8.468 Feb 2026 monthly Dec 2002 - Feb 2026
YoY: DCS: LA: M4: M3: M2 (%) 6.012 Feb 2026 monthly Dec 2002 - Feb 2026
DCS: Domestic Claims (DC) (PHP mn) 22,423,433.637 Feb 2026 monthly Dec 2001 - Feb 2026
Reserve Requirement Ratio: Commercial Banks: Local Currency Deposits (%) 5.000 Apr 2026 monthly May 1986 - Apr 2026
ORA: Other Reserve Assets (USD mn) 1,552.07 Jun 2018 monthly Apr 2000 - Jun 2018
CL: PBS: Real Estate: Residential (PHP bn) 1,193.681 Dec 2025 quarterly Mar 2008 - Dec 2025
Consumer Loans (CL): Philippine Banking System (PBS) (PHP bn) 3,805.301 Dec 2025 quarterly Mar 2008 - Dec 2025
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 61.869 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) -15.2 Dec 2025 quarterly Jun 2002 - Dec 2025
PH: Ease of Doing Business Rank: 1=Most Business-friendly Regulations (NA) 95.000 2019 yearly 2019 - 2019

More Indicators for Philippines

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