Consumer Credit in Philippines decreased to 400.21 PHP Billion in the first quarter of 2021 from 419.86 PHP Billion in the fourth quarter of 2020. source: Bangko Sentral ng Pilipinas

Consumer Credit in Philippines averaged 212.15 PHP Billion from 2006 until 2021, reaching an all time high of 456.61 PHP Billion in the fourth quarter of 2019 and a record low of 76 PHP Billion in the first quarter of 2006. This page provides - Philippines Consumer Credit- actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Consumer Credit - values, historical data and charts - was last updated on July of 2021.

Consumer Credit in Philippines is expected to be 466.15 PHP Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Credit in Philippines to stand at 447.16 in 12 months time. In the long-term, the Philippines Consumer Credit is projected to trend around 491.98 PHP Billion in 2022 and 536.25 PHP Billion in 2023, according to our econometric models.

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Philippines Consumer Credit

Actual Previous Highest Lowest Dates Unit Frequency
400.21 419.86 456.61 76.00 2006 - 2021 PHP Billion Quarterly

Philippines Consumer Last Previous Highest Lowest Unit
Consumer Confidence -30.90 -34.70 13.10 -54.50 points [+]
Retail Sales Yoy 2.10 2.00 79.50 -3.13 percent [+]
Consumer Spending 3153807.45 3651785.61 3651785.61 305524.42 PHP Million [+]
Personal Savings 5889709.23 5841512.88 5889709.23 1124351.04 Million PHP [+]
Bank Lending Rate 6.54 6.77 39.73 5.09 percent [+]
Retail Sales Mom 0.00 0.40 14.43 -2.51 percent [+]
Gasoline Prices 1.12 1.09 1.29 0.34 USD/Liter [+]
Consumer Credit 400.21 419.86 456.61 76.00 PHP Billion [+]
Consumer Confidence Current Conditions 13.90 26.60 26.60 -81.20 [+]
Consumer Confidence Economic Expectations 40.40 39.30 67.70 -48.90 [+]
Consumer Confidence Unemployment Expectations 1.90 -4.20 76.10 -27.80 [+]