Consumer Credit in Philippines decreased to 405.58 PHP Billion in the third quarter of 2020 from 412.52 PHP Billion in the second quarter of 2020. source: Bangko Sentral ng Pilipinas

Consumer Credit in Philippines averaged 205.55 PHP Billion from 2006 until 2020, 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 April of 2021.

Consumer Credit in Philippines is expected to be 430.76 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 435.99 in 12 months time. In the long-term, the Philippines Consumer Credit is projected to trend around 475.23 PHP Billion in 2022 and 518.00 PHP Billion in 2023, according to our econometric models.

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Philippines Consumer Credit

Actual Previous Highest Lowest Dates Unit Frequency
405.58 412.52 456.61 76.00 2006 - 2020 PHP Billion Quarterly

Philippines Consumer Last Previous Highest Lowest Unit
Consumer Confidence -47.90 -54.50 13.10 -54.50 points [+]
Retail Sales Yoy 1.40 1.30 79.50 -3.13 percent [+]
Consumer Spending 3651785.61 3028855.19 3651785.61 305524.42 PHP Million [+]
Personal Savings 5752661.00 5662715.91 5752661.00 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 1.06 1.08 1.29 0.34 USD/Liter [+]
Consumer Credit 405.58 412.52 456.61 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 [+]