Consumer Credit in Philippines increased to 396.23 PHP Billion in the second quarter of 2019 from 373.30 PHP Billion in the first quarter of 2019. Consumer Credit in Philippines averaged 185.40 PHP Billion from 2006 until 2019, reaching an all time high of 396.23 PHP Billion in the second quarter of 2019 and a record low of 76 PHP Billion in the first quarter of 2006.
Consumer Credit in Philippines is expected to be 351.51 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 397.94 in 12 months time. In the long-term, the Philippines Consumer Credit is projected to trend around 433.78 PHP Billion in 2020, according to our econometric models.