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 9.285 USD bn in Sep 2025
  • This records a decrease from the previous number of 9.372 USD bn for Jun 2025
  • Philippines Non-Performing Loans data is updated quarterly, averaging 2.894 USD bn from Mar 2008 to Sep 2025, with 71 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 Sep 2025 in the chart:

Philippines Non-Performing Loans

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

Philippines Non-Performing Loans was reported at 9.285 USD bn in Sep 2025 See the table below for more data.

Last Previous Min Max Unit Frequency Range
9,285.066 Sep 2025 9,372.270 Jun 2025 2,415.201 Dec 2011 9,949.553 Jun 2021 USD mn quarterly Mar 2008 - Sep 2025

Non-Performing Loans by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 431.097 Jun 2025 quarterly Dec 2010 - Jun 2025
Armenia (USD mn) 633.698 Sep 2025 monthly Dec 2008 - Sep 2025
Australia (USD mn) 34,137.204 Jun 2025 quarterly Sep 1994 - Jun 2025
Austria (USD mn) 30,795.745 Jun 2025 quarterly Dec 2006 - Jun 2025
Belarus (USD mn) 101.370 Oct 2025 monthly Dec 2014 - Oct 2025
Belgium (USD mn) 2,843.972 Sep 2025 monthly Jan 2007 - Sep 2025
Bosnia and Herzegovina (USD mn) 471.436 Jun 2025 quarterly Jun 2003 - Jun 2025
Botswana (USD mn) 218.922 Sep 2025 quarterly Mar 2001 - Sep 2025
Brazil (USD mn) 40,442.687 Mar 2025 quarterly Mar 2005 - Mar 2025
Brunei (USD mn) 126.775 Sep 2025 quarterly Mar 2010 - Sep 2025
Bulgaria (USD mn) 1,469.293 Sep 2025 quarterly Mar 2015 - Sep 2025
Cambodia (USD mn) 359.301 Mar 2017 quarterly Mar 1996 - Mar 2017
Chile (USD mn) 6,959.944 Oct 2025 monthly Jan 2009 - Oct 2025
China (USD mn) 494,799.614 Sep 2025 quarterly Mar 2005 - Sep 2025
Croatia (USD mn) 1,907.041 Jun 2025 quarterly Dec 2001 - Jun 2025
Cyprus (USD mn) 1,666.969 Aug 2025 monthly Dec 2014 - Aug 2025
Czech Republic (USD mn) 3,606.085 Oct 2025 monthly Jan 2002 - Oct 2025
Ecuador (USD mn) 3,828.526 Oct 2025 monthly Jan 2006 - Oct 2025
Estonia (USD mn) 137.222 Oct 2025 monthly Dec 2000 - Oct 2025
Finland (USD mn) 9,055.838 Jun 2025 quarterly Dec 2014 - Jun 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) 7,663.693 Jun 2025 quarterly Sep 2008 - Jun 2025
Hungary (USD mn) 2,665.229 Jun 2025 quarterly Dec 2015 - Jun 2025
India (USD mn) 57,679.505 2023 yearly 1997 - 2023
Indonesia (USD mn) 11,270.771 Aug 2025 monthly Jan 2003 - Aug 2025
Israel (USD mn) 3,289.026 Mar 2025 quarterly Mar 2011 - Mar 2025
Italy (USD mn) 59,872.030 Jun 2025 quarterly Jun 2008 - Jun 2025
Japan (USD mn) 63,344.796 2023 yearly 1998 - 2023
Jordan (USD mn) 2,633.286 2024 yearly 2001 - 2024
Kazakhstan (USD mn) 2,812.711 Oct 2025 monthly Apr 2008 - Oct 2025
Kenya (USD mn) 2,674.259 Dec 2019 monthly Apr 2001 - Dec 2019
South Korea (USD mn) 9,283.726 Sep 2025 quarterly Jun 2001 - Sep 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) 263.895 Jun 2025 quarterly Dec 2010 - Jun 2025
Lithuania (USD mn) 437.477 Jun 2025 quarterly Dec 2008 - Jun 2025
Macau SAR, China (USD mn) 6,927.697 Sep 2025 monthly Jan 1990 - Sep 2025
North Macedonia (USD mn) 243.945 Jun 2025 quarterly Dec 2005 - Jun 2025
Malawi (USD mn) 83.604 Sep 2024 quarterly Jun 2015 - Sep 2024
Malaysia (USD mn) 7,776.003 Oct 2025 monthly Dec 2005 - Oct 2025
Mexico (USD mn) 9,322.568 Oct 2025 monthly Jan 1997 - Oct 2025
Moldova (USD mn) 274.663 Oct 2025 monthly Jan 2017 - Oct 2025
Mongolia (USD mn) 642.373 Oct 2025 monthly Dec 1996 - Oct 2025
Montenegro (USD mn) 205.823 Jun 2024 monthly Dec 2010 - Jun 2024
Morocco (USD mn) 11,000.861 Oct 2025 monthly Dec 2001 - Oct 2025
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) 3,427.370 Sep 2025 quarterly Sep 2003 - Sep 2025
Palestinian Territory (USD mn) 553.833 Jun 2024 quarterly Dec 2008 - Jun 2024
Panama (USD mn) 1,501.738 Oct 2025 monthly Dec 2008 - Oct 2025
Philippines (USD mn) 9,285.066 Sep 2025 quarterly Mar 2008 - Sep 2025
Poland (USD mn) 16,866.175 Sep 2025 monthly Dec 1996 - Sep 2025
Portugal (USD mn) 2,969.846 Oct 2025 monthly Dec 1997 - Oct 2025
Romania (USD mn) 1,741.139 Sep 2017 monthly Jun 2015 - Sep 2017
Serbia (USD mn) 966.617 Dec 2019 quarterly Sep 2008 - Dec 2019
Singapore (USD mn) 9,947.940 Dec 2019 quarterly Dec 2008 - Dec 2019
Slovakia (USD mn) 2,064.631 Oct 2025 monthly Jan 2009 - Oct 2025
South Africa (USD mn) 17,738.489 Sep 2025 monthly Jan 2008 - Sep 2025
Spain (USD mn) 40,717.193 Sep 2025 monthly Jan 1962 - Sep 2025
Taiwan (USD mn) 2,242.285 Sep 2025 monthly Jan 2004 - Sep 2025
Tajikistan (USD mn) 140.848 Dec 2021 monthly Jan 2000 - Dec 2021
Thailand (USD mn) 15,892.732 Sep 2025 quarterly Mar 1998 - Sep 2025
Tunisia (USD mn) 4,718.794 2024 yearly 2006 - 2024
Turkey (USD mn) 12,726.779 Oct 2025 monthly Dec 2002 - Oct 2025
Ukraine (USD mn) 9,289.541 Jun 2025 quarterly Dec 2005 - Jun 2025
United States (USD mn) 183,790.000 Sep 2025 quarterly Mar 1985 - Sep 2025
Uruguay (USD mn) 485.311 Oct 2025 monthly Dec 2002 - Oct 2025
Uzbekistan (USD mn) 1,761.832 Sep 2025 quarterly Mar 2011 - Sep 2025
Venezuela (USD mn) 6.427 Mar 2023 monthly Jan 2004 - Mar 2023
Zambia (USD mn) 127.254 Jun 2025 monthly Jan 2011 - Jun 2025

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Philippines Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -6.0 Sep 2025 quarterly Dec 1985 - Sep 2025
Consolidated Fiscal Balance (USD mn) 191.324 Oct 2025 monthly Jan 1985 - Oct 2025
Tax Revenue (USD mn) 7,109.904 Oct 2025 monthly Jan 1985 - Oct 2025
Tax Revenue: % of GDP (%) 15.6 Sep 2025 quarterly Mar 1985 - Sep 2025
National Government Debt (USD mn) 297,648.2 Oct 2025 monthly Jan 1993 - Oct 2025
Government Debt: % of GDP (%) 63.1 Sep 2025 quarterly Mar 1993 - Sep 2025
Forecast: Government Expenditure (PHP bn) 9,538.160 2030 yearly 1989 - 2030
Forecast: Government Net Debt (PHP bn) 23,834.650 2030 yearly 1993 - 2030
Forecast: Government Revenue (PHP bn) 8,774.629 2030 yearly 1989 - 2030
Govt Debt: Domestic and Foreign: Outstanding: Short Term (PHP mn) 938,368.000 Oct 2025 monthly Jan 2006 - Oct 2025
Govt Debt: Domestic and Foreign: Outstanding: Long Term (PHP mn) 14,437,106.000 Oct 2025 monthly Jan 2006 - Oct 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 5.556 2028 yearly 1980 - 2028
Trade Balance (USD mn) -3,827.8 Oct 2025 monthly Jan 1957 - Oct 2025
Total Exports (USD mn) 7,391.9 Oct 2025 monthly Jan 1979 - Oct 2025
Total Exports Growth (%) 19.4 Oct 2025 monthly Jan 1980 - Oct 2025
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 (%) -6.5 Oct 2025 monthly Jan 1980 - Oct 2025
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) 1,161.615 Oct 2025 monthly Jan 1978 - Oct 2025
Total Imports from USA (USD mn) 690.708 Oct 2025 monthly Jan 1986 - Oct 2025
Total Exports to China (USD mn) 868.438 Oct 2025 monthly Jan 1984 - Oct 2025
Total Imports from China (USD mn) 3,408.777 Oct 2025 monthly Jan 1986 - Oct 2025
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) 166.404 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 305.3 Jun 2025 monthly Jan 2005 - Jun 2025
Current Account Balance (USD mn) -1,678.8 Jun 2025 monthly Jan 1999 - Jun 2025
Current Account Balance: % of GDP (%) -4.0 Jun 2025 quarterly Mar 1981 - Jun 2025
Foreign Direct Investment (USD mn) 493.7 Aug 2025 monthly Jan 2005 - Aug 2025
Foreign Direct Investment: % of GDP (%) 1.3 Jun 2025 quarterly Mar 2005 - Jun 2025
Foreign Portfolio Investment (USD mn) 942.773 Jun 2025 quarterly Mar 2005 - Jun 2025
Foreign Portfolio Investment: % of GDP (%) 0.8 Jun 2025 quarterly Mar 1981 - Jun 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -144.1 Jun 2025 quarterly Mar 1996 - Jun 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 1,086.904 Jun 2025 quarterly Mar 1977 - Jun 2025
External Debt (USD mn) 148,873.0 Jun 2025 quarterly Mar 2005 - Jun 2025
External Debt: % of GDP (%) 29.8 2024 yearly 1990 - 2024
External Debt: Short Term (USD mn) 21,409.3 Jun 2025 quarterly Mar 2005 - Jun 2025
External Debt: Short Term: % of GDP (%) 4.5 2024 yearly 2005 - 2024
Forecast: Current Account Balance (USD bn) -13.928 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) -68,284.036 Jun 2025 quarterly Dec 2012 - Jun 2025
BoP: FA: Financial Derivatives (FD) (USD mn) 3.339 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: OI: Net Acquisition of Financial Assets (USD mn) -721.743 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: DI: Net Incurrence of Liabilities (USD mn) 109.782 Dec 2024 monthly Jan 2005 - Dec 2024
BoP: FA: PI: Net Acquisition of Financial Assets (USD mn) 2,750.794 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Services: Credit: Export (USD mn) 4,345.739 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: DI: Net Acquisition of Financial Assets (USD mn) -56.003 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: Change in Reserve Assets: Debit (USD mn) 3,540.703 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: Financial Account (FA) (USD mn) -6,468.764 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: Net Incurrence of Liabilities (USD mn) 8,335.793 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Primary Income (USD mn) 414.176 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Secondary Income: Debit: Payments (USD mn) 93.584 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Services: Debit: Import (USD mn) 3,242.350 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Secondary Income (USD mn) 2,712.952 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Credit: Receipts (USD mn) 7.553 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Import (USD mn) 15,398.524 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Goods: Credit: Export (USD mn) 4,544.863 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: FD: Net Acquisition of Financial Assets (USD mn) -106.020 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: Capital Account (CA) (USD mn) 7.090 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Goods (USD mn) -6,428.866 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: Net Acquisition of Financial Assets (USD mn) 1,867.029 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Goods: Debit: Import (USD mn) 10,973.729 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Primary Income: Debit: Payments (USD mn) 1,088.860 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Services (USD mn) 1,103.388 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Debit: Payments (USD mn) 0.463 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: Portfolio Investment (PI) (USD mn) -112.376 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: Current Account (CA) (USD mn) -2,198.350 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: Direct Investment (DI) (USD mn) -424.122 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: OI: Net Incurrence of Liabilities (USD mn) 5,213.863 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Secondary Income: Credit: Receipts (USD mn) 2,806.536 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Primary Income: Credit: Receipts (USD mn) 1,503.036 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Export (USD mn) 13,200.174 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: Other Investments (OI) (USD mn) -5,935.605 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: PI: Net Incurrence of Liabilities (USD mn) 2,863.171 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: FD: Net Incurrence of Liabilities (USD mn) -109.359 Sep 2024 monthly Jan 2005 - Sep 2024
External Debt: By Country Profile: Country: Japan (USD mn) 15,383.270 Sep 2024 quarterly Mar 2005 - Sep 2024
External Debt: By Country Profile: Country: USA (USD mn) 3,119.277 Sep 2024 quarterly Mar 2005 - Sep 2024
External Debt: By Country Profile: Country: France (USD mn) 1,223.412 Sep 2024 quarterly Mar 2005 - Sep 2024
External Debt: Medium and Long Term (USD mn) 118,527.393 Sep 2024 quarterly Mar 2005 - Sep 2024
External Debt: By Country Profile: Country: UK (USD mn) 4,510.353 Sep 2024 quarterly Mar 2005 - Sep 2024
External Debt: By Country Profile: Country: Germany (USD mn) 1,601.742 Sep 2024 quarterly Mar 2005 - Sep 2024
FDI: Approved: Transportation & Storage (PHP mn) 11,869.695 Dec 2024 quarterly Mar 2010 - Dec 2024
FDI: Approved: Information & Communication (PHP mn) 265.529 Dec 2024 quarterly Mar 2010 - Dec 2024
FDI: Approved: Real Estate Activities (PHP mn) 2,515.437 Dec 2024 quarterly Mar 2010 - Dec 2024
FDI: Approved: Manufacturing (PHP mn) 30,550.029 Dec 2024 quarterly Mar 2010 - Dec 2024
FDI: Approved: Administrative & Support Services (PHP mn) 3,327.175 Dec 2024 quarterly Mar 2010 - Dec 2024
Business Closure (BC): All Industries (Unit) 3,294.000 2017 yearly 1995 - 2017
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.3 Sep 2025 monthly Mar 2008 - Sep 2025
Household Debt: % of GDP (%) 12.4 Jun 2025 quarterly Mar 2009 - Jun 2025
Non-Performing Loans (USD mn) 9,285.066 Sep 2025 quarterly Mar 2008 - Sep 2025
Money Supply M1 (USD mn) 128,791.187 Sep 2025 monthly Dec 1988 - Sep 2025
Money Supply M2 (USD mn) 318,804.831 Sep 2025 monthly Dec 1988 - Sep 2025
M2 Growth (%) 8.0 Sep 2025 monthly Dec 1989 - Sep 2025
Reserve Requirement Ratio (%) 5.0 Nov 2025 monthly May 1986 - Nov 2025
Foreign Exchange Reserves (USD mn) 88,724.9 Oct 2025 monthly Jan 1960 - Oct 2025
Foreign Exchange Reserves: Months of Import (NA) 7.9 Oct 2025 monthly Jan 1979 - Oct 2025
Gold Reserves (USD mn) 16,890.418 Oct 2025 monthly Dec 1956 - Oct 2025
Total Deposits (USD mn) 362,936.341 Sep 2025 quarterly Mar 2008 - Sep 2025
Total Deposits Growth (%) 7.6 Sep 2025 quarterly Mar 2009 - Sep 2025
Domestic Credit (USD mn) 369,058.3 Sep 2025 monthly Dec 2001 - Sep 2025
Domestic Credit Growth (%) 10.3 Sep 2025 monthly Dec 2002 - Sep 2025
Household Debt (USD mn) 60,099.2 Jun 2025 quarterly Mar 2009 - Jun 2025
Total Loans (USD mn) 258,449.801 Sep 2025 monthly Mar 2008 - Sep 2025
Total Loans Growth (%) 10.72 Sep 2025 monthly Mar 2009 - Sep 2025
Private Debt: % of Nominal GDP (%) 49.80 Sep 2025 quarterly Dec 2001 - Sep 2025
Reserve Requirement Ratio: Commercial Banks: Local Currency Deposits (%) 5.000 Nov 2025 monthly May 1986 - Nov 2025
DCS: Domestic Claims (DC) (PHP mn) 20,270,486.311 Jan 2025 monthly Dec 2001 - Jan 2025
ORA: Other Reserve Assets (USD mn) 1,552.07 Jun 2018 monthly Apr 2000 - Jun 2018
CL: PBS: Real Estate: Residential (PHP bn) 1,099.416 Dec 2024 quarterly Mar 2009 - Dec 2024
Consumer Loans (CL): Philippine Banking System (PBS) (PHP bn) 3,085.276 Dec 2024 quarterly Mar 2009 - Dec 2024
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 61.869 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) -16.0 Sep 2025 quarterly Jun 2002 - Sep 2025
Business Outlook: Index: Industry: Current Quarter (Point) 34.545 Dec 2024 quarterly Jun 2001 - Dec 2024
Business Outlook: Index: Services: Current Quarter (Point) 52.860 Dec 2024 quarterly Jun 2001 - Dec 2024
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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