Consumer Credit in Philippines increased to 402.24 PHP Billion in the second quarter of 2021 from 400.21 PHP Billion in the first quarter of 2021. source: Bangko Sentral ng Pilipinas

Consumer Credit in Philippines averaged 215.16 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 October of 2021.

Consumer Credit in Philippines is expected to be 439.24 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 482.82 PHP Billion in 2022 and 526.28 PHP Billion in 2023, according to our econometric models.

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Philippines Consumer Credit


Philippines Last Unit Reference Previous Highest Lowest
Consumer Confidence -19.30 points Sep/21 -30.90 13.10 -54.50
Personal Savings 5981290.79 Million PHP Aug/21 5955767.29 5981290.79 1124351.04
Bank Lending Rate 6.54 percent Dec/19 6.77 39.73 5.09
Consumer Credit 402.24 PHP Billion Jun/21 400.21 456.61 76.00