Philippines Reserve Requirement Ratio

1986 - 2021 | Monthly | % | CEIC Data

Reserve Requirement Ratio: Local Currency Deposits: Philippines was set as 12.0 % in May 2021. Philippines Reserve Requirement Ratio data updated monthly, available from May 1986 to May 2021. The data is reported by reported by CEIC Data. Foreign Exchange Reserves in Philippines was measured at 95.0 USD bn in May 2021. The Foreign Exchange Reserves equaled 11.4 Months of Import in Apr 2021. Philippines Domestic Credit reached 285.2 USD bn in Apr 2021, representing an increased of 1.8 % YoY. The country's Non Performing Loans Ratio stood at 4.0 % in Feb 2021, compared with the ratio of 3.7 % in the previous month. Household Debt of Philippines reached 41.4 USD bn in Dec 2020, accounting for 11.1 % of the country's Nominal GDP.

View Philippines's Reserve Requirement Ratio from May 1986 to May 2021 in the chart:

Philippines Reserve Requirement Ratio

What was Philippines's Reserve Requirement Ratio in May 2021?

Last Previous Min Max Unit Frequency Range
12.0 May 2021 12.0 Apr 2021 12.0 May 2021 25.0 Dec 1992 % monthly May 1986 - May 2021

Reserve Requirement Ratio by Country Comparison

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Includes Reserve Requirement Ratio on 94 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Algeria (%) 6.0 Sep 2020 monthly Jun 2006 - Sep 2020
Argentina (%) 41.1 Sep 2020 monthly Apr 1985 - Sep 2020
Armenia (%) 8.0 2019 yearly 2008 - 2019
Austria (%) 1.0 May 2021 monthly Jan 1999 - May 2021
Azerbaijan (%) 0.5 Apr 2021 monthly May 1993 - Apr 2021
Bahrain (%) 5.0 Apr 2021 monthly Jan 2008 - Apr 2021
Bangladesh (%) 4.0 Apr 2021 monthly Oct 1999 - Apr 2021
Belarus (%) 17.0 Mar 2021 monthly Jul 1998 - Mar 2021
Belgium (%) 1.0 May 2021 monthly Jan 1999 - May 2021
Bolivia (%) 10.0 Feb 2021 monthly Jan 2000 - Feb 2021
Bosnia and Herzegovina (%) 10.0 Mar 2021 monthly Aug 1997 - Mar 2021
Botswana (%) 2.5 Nov 2020 monthly Feb 2006 - Nov 2020
Brazil (%) 21.0 Apr 2021 monthly Jul 1994 - Apr 2021
Brunei (%) 6.0 Apr 2021 monthly Jan 2006 - Apr 2021
Bulgaria (%) 10.0 Apr 2021 monthly Dec 2004 - Apr 2021
Cambodia (%) 8.0 Jun 2021 monthly Jan 2008 - Jun 2021
China (%) 8.9 Jul 2021 monthly Jan 1985 - Jul 2021
Colombia (%) 8.0 Apr 2021 monthly Jun 2008 - Apr 2021
Croatia (%) 9.0 Mar 2021 monthly Jan 1993 - Mar 2021
Cyprus (%) 1.0 May 2021 monthly Jan 1999 - May 2021
Czech Republic (%) 2.0 Apr 2021 monthly Aug 1996 - Apr 2021
Ecuador (%) 2.0 Mar 2021 monthly Dec 2009 - Mar 2021
Egypt (%) 14.0 Apr 2021 monthly Jan 2012 - Apr 2021
Estonia (%) 1.0 May 2021 monthly Jan 1999 - May 2021
European Union (%) 1.0 Apr 2021 monthly Jan 1999 - Apr 2021
Finland (%) 1.0 Jun 2021 monthly Jan 1999 - Jun 2021
France (%) 1.0 May 2021 monthly Jan 1999 - May 2021
Georgia (%) 5.0 May 2021 monthly Jan 1992 - May 2021
Germany (%) 1.0 May 2021 monthly Jan 1999 - May 2021
Greece (%) 1.0 May 2021 monthly Jan 1999 - May 2021
Hungary (%) 1.0 Apr 2021 monthly Mar 1994 - Apr 2021
Iceland (%) 1.0 Apr 2021 monthly Jun 1979 - Apr 2021
India (%) 3.5 Apr 2021 monthly Sep 1962 - Apr 2021
Indonesia (%) 3.5 Apr 2021 monthly Jan 1997 - Apr 2021
Iran (%) 10.0 Apr 2021 monthly Mar 2008 - Apr 2021
Ireland (%) 1.0 May 2021 monthly Jan 1999 - May 2021
Israel (%) 6.0 Apr 2021 monthly Jan 1995 - Apr 2021
Italy (%) 1.0 May 2021 monthly Jan 1999 - May 2021
Ivory Coast (%) 3.0 Apr 2021 monthly Oct 1993 - Apr 2021
Japan (%) 0.8 Feb 2021 monthly Oct 1980 - Feb 2021
Kazakhstan (%) 2.0 Jun 2021 monthly Jun 2015 - Jun 2021
Kenya (%) 4.3 Mar 2021 monthly Dec 1999 - Mar 2021
South Korea (%) 7.0 Apr 2021 monthly Nov 1979 - Apr 2021
Kosovo (%) 10.0 2019 yearly 2001 - 2019
Kyrgyzstan (%) 9.0 Sep 2015 monthly Jan 2007 - Sep 2015
Laos (%) 4.0 Jun 2021 monthly Jan 2002 - Jun 2021
Latvia (%) 1.0 May 2021 monthly Jan 1999 - May 2021
Lebanon (%) 25.0 Apr 2021 monthly Dec 2002 - Apr 2021
Lithuania (%) 1.0 Apr 2021 monthly Jan 1999 - Apr 2021
Luxembourg (%) 1.0 May 2021 monthly Jan 1999 - May 2021
North Macedonia (%) 8.0 Mar 2021 monthly Jan 2004 - Mar 2021
Malawi (%) 3.8 Apr 2021 monthly Jan 2019 - Apr 2021
Malaysia (%) 2.0 Mar 2021 monthly Jun 1959 - Mar 2021
Malta (%) 1.0 May 2021 monthly Jan 1999 - May 2021
Mauritius (%) 8.0 Jun 2021 monthly Jul 1998 - Jun 2021
Moldova (%) 26.0 Jun 2021 monthly Jan 2004 - Jun 2021
Mongolia (%) 8.5 Apr 2021 monthly Jan 2005 - Apr 2021
Montenegro (%) 5.5 May 2021 monthly Jan 2002 - May 2021
Morocco (%) 0.0 Apr 2021 monthly Oct 1990 - Apr 2021
Mozambique (%) 11.5 Feb 2021 monthly Aug 2011 - Feb 2021
Myanmar (%) 3.5 Apr 2021 monthly May 2011 - Apr 2021
Nepal (%) 3.0 Apr 2021 monthly Jul 2003 - Apr 2021
Netherlands (%) 1.0 May 2021 monthly Jan 1999 - May 2021
Nigeria (%) 27.5 Apr 2021 monthly Nov 2005 - Apr 2021
Norway (%) -1.0 Jun 2021 monthly Oct 2011 - Jun 2021
Oman (%) 5.0 Apr 2021 monthly Jun 2006 - Apr 2021
Pakistan (%) 5.0 Apr 2021 monthly Jul 2006 - Apr 2021
Peru (%) 4.0 Apr 2021 monthly Apr 1997 - Apr 2021
Philippines (%) 12.0 May 2021 monthly May 1986 - May 2021
Poland (%) 3.5 Dec 2017 monthly Jan 1993 - Dec 2017
Portugal (%) 1.0 May 2021 monthly Jan 1999 - May 2021
Qatar (%) 4.5 Apr 2021 monthly Jan 2003 - Apr 2021
Romania (%) 8.0 Mar 2021 monthly Jan 2006 - Mar 2021
Russia (%) 4.8 Jun 2021 monthly Jul 2004 - Jun 2021
Saudi Arabia (%) 7.0 Apr 2021 monthly Mar 1980 - Apr 2021
Serbia (%) 5.0 May 2021 monthly Jan 2005 - May 2021
Slovakia (%) 1.0 May 2021 monthly Jan 1999 - May 2021
Slovenia (%) 1.0 May 2021 monthly Jan 1999 - May 2021
South Africa (%) 2.5 Apr 2021 monthly Feb 1994 - Apr 2021
Spain (%) 1.0 May 2021 monthly Jan 1999 - May 2021
Sri Lanka (%) 2.0 Jun 2021 monthly Mar 1997 - Jun 2021
Sudan (%) 18.0 Apr 2021 monthly Jan 2003 - Apr 2021
Taiwan (%) 4.0 Apr 2021 monthly Dec 1988 - Apr 2021
Tajikistan (%) 3.0 Mar 2021 quarterly Mar 2008 - Mar 2021
Thailand (%) 1.0 Jun 2021 monthly Sep 1997 - Jun 2021
Tunisia (%) 1.0 Apr 2021 monthly Oct 1964 - Apr 2021
Turkey (%) 8.0 May 2021 monthly Jan 2011 - May 2021
Ukraine (%) 10.0 Jun 2021 monthly Dec 2014 - Jun 2021
United Arab Emirates (%) 1.0 Apr 2021 monthly Jan 2000 - Apr 2021
United States (%) 0.0 Apr 2021 monthly Nov 1980 - Apr 2021
Venezuela (%) 85.0 Mar 2021 monthly Jan 2004 - Mar 2021
Vietnam (%) 3.0 Apr 2021 monthly Feb 2010 - Apr 2021
Yemen (%) 7.0 Aug 2015 monthly Jul 1995 - Aug 2015
Zambia (%) 9.0 Mar 2021 monthly Jan 2004 - Mar 2021

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Philippines Key Series

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Includes 233 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 (%) -7.6 Dec 2020 quarterly Dec 1985 - Dec 2020
Consolidated Fiscal Balance (USD mn) -3,941.220 Mar 2021 monthly Jan 1985 - Mar 2021
Tax Revenue (USD mn) 4,885.059 May 2021 monthly Jan 1985 - May 2021
Tax Revenue: % of GDP (%) 14.4 Mar 2021 quarterly Mar 1985 - Mar 2021
National Government Debt (USD mn) 231,125.2 May 2021 monthly Jan 1993 - May 2021
Government Debt: % of GDP (%) 54.6 Dec 2020 quarterly Mar 1993 - Dec 2020
Forecast: Government Expenditure (PHP bn) 6,931.970 2026 yearly 1989 - 2026
Forecast: Government Net Debt (PHP bn) 16,741.760 2026 yearly 1993 - 2026
Forecast: Government Revenue (PHP bn) 6,215.560 2026 yearly 1989 - 2026
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 6.374 2026 yearly 1980 - 2026
Trade Balance (USD mn) -2,755.0 May 2021 monthly Jan 1957 - May 2021
Total Exports (USD mn) 5,308.7 Feb 2021 monthly Jan 1979 - Feb 2021
Total Exports Growth (%) 29.8 May 2021 monthly Jan 1980 - May 2021
Aluminum: Exports (USD th) 35,088.964 2020 yearly 1997 - 2020
Exports: Medicament (USD th) 37,261.055 2020 yearly 1995 - 2020
Exports: Medicinal and Pharmaceutical Product (USD th) 9,074.646 2020 yearly 1995 - 2020
Total Imports (USD mn) 8,448.9 Apr 2021 monthly Jan 1979 - Apr 2021
Total Imports Growth (%) 47.7 May 2021 monthly Jan 1980 - May 2021
Imports: Medicament (USD th) 1,133,224.357 2020 yearly 1995 - 2020
Imports: Medicinal and Pharmaceutical Product (USD th) 477,945.320 2020 yearly 1995 - 2020
Total Exports to USA (USD mn) 915.536 Dec 2020 monthly Jan 1978 - Dec 2020
Total Imports from USA (USD mn) 481.150 Feb 2021 monthly Jan 1986 - Feb 2021
Total Exports to China (USD mn) 953.227 Apr 2021 monthly Jan 1984 - Apr 2021
Total Imports from China (USD mn) 2,211.877 Mar 2021 monthly Jan 1986 - Mar 2021
Imports: Iron and Steel (USD mn) 382.669 Dec 2018 monthly Jan 2006 - Dec 2018
Imports: Metalliferous Ores and Metal Scrap (USD mn) 83.443 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) 254.2 Mar 2021 monthly Jan 2005 - Mar 2021
Current Account Balance (USD mn) -380.3 Mar 2021 monthly Jan 1999 - Mar 2021
Current Account Balance: % of GDP (%) -0.7 Mar 2021 quarterly Mar 1981 - Mar 2021
Foreign Direct Investment (USD mn) 808.2 Mar 2021 monthly Jan 2005 - Mar 2021
Foreign Direct Investment: % of GDP (%) 1.4 Dec 2020 quarterly Mar 2005 - Dec 2020
Foreign Portfolio Investment (USD mn) -3,973.472 Mar 2021 quarterly Mar 2005 - Mar 2021
Foreign Portfolio Investment: % of GDP (%) 3.3 Dec 2020 quarterly Dec 1980 - Dec 2020
Foreign Portfolio Investment: Equity Securities (USD mn) -505.3 Dec 2020 quarterly Mar 1996 - Dec 2020
Foreign Portfolio Investment: Debt Securities (USD mn) 4,069.252 Dec 2020 quarterly Mar 1977 - Dec 2020
External Debt (USD mn) 97,047.4 Mar 2021 quarterly Mar 2005 - Mar 2021
External Debt: % of GDP (%) 27.2 2020 yearly 1990 - 2020
External Debt: Short Term (USD mn) 13,655.7 Mar 2021 quarterly Mar 2005 - Mar 2021
External Debt: Short Term: % of GDP (%) 3.9 2020 yearly 2005 - 2020
Forecast: Current Account Balance (USD bn) -12.919 2026 yearly 1980 - 2026
Net International Investment Position (USD mn) -20,181.924 Dec 2020 quarterly Dec 2012 - Dec 2020
BoP: FA: Financial Derivatives (FD) (USD mn) -42.713 Mar 2021 monthly Jan 2005 - Mar 2021
BoP: CA: Primary Income (USD mn) -71.902 Mar 2021 monthly Jan 2005 - Mar 2021
BoP: FA: FD: Net Acquisition of Financial Assets (USD mn) -103.852 Mar 2021 monthly Jan 2005 - Mar 2021
BoP: CA: Goods: Debit: Import (USD mn) 8,810.787 Mar 2021 monthly Jan 2005 - Mar 2021
BoP: FA: FD: Net Incurrence of Liabilities (USD mn) -61.138 Mar 2021 monthly Jan 2005 - Mar 2021
BoP: FA: PI: Net Incurrence of Liabilities (USD mn) -1,504.487 Mar 2021 monthly Jan 2005 - Mar 2021
BoP: FA: Other Investments (OI) (USD mn) -1,650.609 Mar 2021 monthly Jan 2005 - Mar 2021
BoP: FA: DI: Net Acquisition of Financial Assets (USD mn) 254.237 Mar 2021 monthly Jan 2005 - Mar 2021
BoP: CA: Credit: Receipts (USD mn) 7.076 Mar 2021 monthly Jan 2005 - Mar 2021
BoP: CA: Goods (USD mn) -3,566.246 Mar 2021 monthly Jan 2005 - Mar 2021
BoP: CA: Debit: Payments (USD mn) 0.835 Mar 2021 monthly Jan 2005 - Mar 2021
BoP: CA: Services (USD mn) 966.997 Mar 2021 monthly Jan 2005 - Mar 2021
BoP: FA: Direct Investment (DI) (USD mn) -553.982 Mar 2021 monthly Jan 2005 - Mar 2021
BoP: Change in Reserve Assets: Debit (USD mn) -69.706 Mar 2021 monthly Jan 2005 - Mar 2021
BoP: FA: DI: Net Incurrence of Liabilities (USD mn) 808.219 Mar 2021 monthly Jan 2005 - Mar 2021
BoP: Financial Account (FA) (USD mn) 26.360 Mar 2021 monthly Jan 2005 - Mar 2021
BoP: CA: Secondary Income (USD mn) 2,290.895 Mar 2021 monthly Jan 2005 - Mar 2021
BoP: FA: OI: Net Incurrence of Liabilities (USD mn) 1,069.300 Mar 2021 monthly Jan 2005 - Mar 2021
BoP: CA: Export (USD mn) 11,237.938 Mar 2021 monthly Jan 2005 - Mar 2021
BoP: Current Account (CA) (USD mn) -380.256 Mar 2021 monthly Jan 2005 - Mar 2021
BoP: FA: OI: Net Acquisition of Financial Assets (USD mn) -581.309 Mar 2021 monthly Jan 2005 - Mar 2021
BoP: FA: Net Incurrence of Liabilities (USD mn) 311.894 Mar 2021 monthly Jan 2005 - Mar 2021
BoP: CA: Goods: Credit: Export (USD mn) 5,244.541 Mar 2021 monthly Jan 2005 - Mar 2021
BoP: Capital Account (CA) (USD mn) 6.241 Mar 2021 monthly Jan 2005 - Mar 2021
BoP: CA: Import (USD mn) 11,618.194 Mar 2021 monthly Jan 2005 - Mar 2021
BoP: CA: Secondary Income: Credit: Receipts (USD mn) 2,396.847 Mar 2021 monthly Jan 2005 - Mar 2021
BoP: CA: Primary Income: Debit: Payments (USD mn) 1,108.663 Mar 2021 monthly Jan 2005 - Mar 2021
BoP: CA: Services: Credit: Export (USD mn) 2,559.789 Mar 2021 monthly Jan 2005 - Mar 2021
BoP: FA: PI: Net Acquisition of Financial Assets (USD mn) 769.177 Mar 2021 monthly Jan 2005 - Mar 2021
BoP: CA: Secondary Income: Debit: Payments (USD mn) 105.952 Mar 2021 monthly Jan 2005 - Mar 2021
BoP: CA: Services: Debit: Import (USD mn) 1,592.792 Mar 2021 monthly Jan 2005 - Mar 2021
BoP: FA: Net Acquisition of Financial Assets (USD mn) 338.253 Mar 2021 monthly Jan 2005 - Mar 2021
BoP: FA: Portfolio Investment (PI) (USD mn) 2,273.664 Mar 2021 monthly Jan 2005 - Mar 2021
BoP: CA: Primary Income: Credit: Receipts (USD mn) 1,036.761 Mar 2021 monthly Jan 2005 - Mar 2021
External Debt: By Country Profile: Country: Japan (USD mn) 15,290.518 Mar 2021 quarterly Mar 2005 - Mar 2021
External Debt: By Country Profile: Country: France (USD mn) 972.764 Mar 2021 quarterly Mar 2005 - Mar 2021
External Debt: Medium and Long Term (USD mn) 83,391.726 Mar 2021 quarterly Mar 2005 - Mar 2021
External Debt: By Country Profile: Country: Germany (USD mn) 972.506 Mar 2021 quarterly Mar 2005 - Mar 2021
External Debt: By Country Profile: Country: UK (USD mn) 2,539.915 Mar 2021 quarterly Mar 2005 - Mar 2021
External Debt: By Country Profile: Country: USA (USD mn) 2,975.562 Mar 2021 quarterly Mar 2005 - Mar 2021
Business Closure (BC): All Industries (Unit) 3,294.000 2017 yearly 1995 - 2017
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.0 Feb 2021 monthly Jan 2013 - Feb 2021
Household Debt: % of GDP (%) 11.1 Dec 2020 quarterly Mar 2009 - Dec 2020
Non-Performing Loans (USD mn) 9,252.677 Mar 2021 quarterly Mar 2013 - Mar 2021
Money Supply M1 (USD mn) 116,249.567 May 2021 monthly Dec 1988 - May 2021
Money Supply M2 (USD mn) 284,214.380 May 2021 monthly Dec 1988 - May 2021
M2 Growth (%) 5.7 Apr 2021 monthly Dec 1989 - Apr 2021
Reserve Requirement Ratio (%) 12.0 May 2021 monthly May 1986 - May 2021
Foreign Exchange Reserves (USD mn) 95,171.8 Jun 2021 monthly Jan 1960 - Jun 2021
Foreign Exchange Reserves: Months of Import (NA) 11.0 May 2021 monthly Jan 1979 - May 2021
Gold Reserves (USD mn) 8,875.008 Jun 2021 monthly Dec 1956 - Jun 2021
Total Deposits (USD mn) 309,806.860 Mar 2021 quarterly Mar 2008 - Mar 2021
Total Deposits Growth (%) 9.0 Dec 2020 quarterly Mar 2009 - Dec 2020
Domestic Credit (USD mn) 292,878.9 May 2021 monthly Dec 2001 - May 2021
Domestic Credit Growth (%) 1.8 Apr 2021 monthly Dec 2002 - Apr 2021
Household Debt (USD mn) 40,345.6 Mar 2021 quarterly Mar 2009 - Mar 2021
Total Loans (USD mn) 189,296.297 Feb 2021 monthly Jan 1993 - Feb 2021
Total Loans Growth (%) -2.89 Apr 2021 monthly Jan 1994 - Apr 2021
Private Debt: % of Nominal GDP (%) 51.89 Dec 2020 quarterly Dec 2001 - Dec 2020
DCS: LA: M4: M3 (PHP mn) 14,281,455.040 May 2021 monthly Dec 2001 - May 2021
DCS: LA: M4: M3: M2: M1 (PHP mn) 5,568,470.493 May 2021 monthly Dec 2001 - May 2021
DCS: LA: M4: M3: M2 (PHP mn) 13,614,152.995 May 2021 monthly Dec 2001 - May 2021
DCS: Domestic Claims (DC) (PHP mn) 14,029,192.610 May 2021 monthly Dec 2001 - May 2021
ORA: Other Reserve Assets (USD mn) 1,552.07 Jun 2018 monthly Apr 2000 - Jun 2018
Reserve Requirement Ratio: Commercial Banks: Local Currency Deposits (%) 12.000 Jun 2021 monthly May 1986 - Jun 2021
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 61.869 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) 4.9 Mar 2021 quarterly Jun 2002 - Mar 2021

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