Consumer Credit in Philippines increased to 555.28 PHP Billion in the fourth quarter of 2022 from 507.44 PHP Billion in the third quarter of 2022. source: Bangko Sentral ng Pilipinas

Consumer Credit in Philippines averaged 237.50 PHP Billion from 2006 until 2022, reaching an all time high of 555.28 PHP Billion in the fourth quarter of 2022 and a record low of 76.00 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 June of 2023.

Consumer Credit in Philippines is expected to be 508.40 PHP Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Consumer Credit is projected to trend around 626.27 PHP Billion in 2024 and 662.59 PHP Billion in 2025, according to our econometric models.

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Philippines Consumer Credit

Related Last Previous Unit Reference
Consumer Confidence -10.40 -14.60 points Mar 2023
Personal Savings 6107100.93 6208378.40 Million PHP Sep 2022
Bank Lending Rate 6.54 6.77 percent Dec 2019
Consumer Credit 555.28 507.44 PHP Billion Dec 2022