Philippines - Credit to GDP 2008
27.88%
+0.24% from 2007
Philippines's credit to gdp was 27.88% in 2008, increased +0.24% from 27.64% in 2007. This was the 66th highest globally.
Global Ranking - 2008▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Chad | 2.38% | 24.6% |
| 2nd | Iraq | 2.68% | 8.3% |
| 3rd | Myanmar | 3.12% | -8.8% |
| 4th | Congo, Republic of | 3.21% | 48.1% |
| 5th | Guinea | 3.24% | -0.7% |
| 6th | Sierra Leone | 3.36% | 30.7% |
| 7th | Equatorial Guinea | 4.10% | 46.4% |
| 8th | Congo, Democratic Republic of | 4.34% | 80.2% |
| 9th | Guinea-Bissau | 5.12% | 59.3% |
| 10th | Liberia | 6.13% | 16.5% |
| 11th | Malawi | 6.26% | 66.4% |
| 12th | Comoros | 6.35% | 18.7% |
| 13th | Central African Republic | 7.02% | 3.5% |
| 14th | Libya | 7.30% | 18.6% |
| 15th | Yemen, Republic of | 7.70% | -5.9% |
| 16th | Niger | 8.05% | 13.8% |
| 17th | Gabon | 8.66% | -13.0% |
| 18th | Haiti | 8.68% | 7.7% |
| 19th | Gambia, The | 8.73% | 15.7% |
| 20th | Cameroon | 9.24% | 11.5% |
| 21st | Sudan | 9.38% | -4.4% |
| 22nd | Afghanistan | 9.39% | 37.3% |
| 23rd | Lao PDR | 9.57% | 46.2% |
| 24th | Madagascar | 9.70% | 10.6% |
| 25th | Lesotho | 10.02% | 0.3% |
| 26th | Mali | 10.25% | -25.0% |
| 27th | Tanzania | 11.91% | 3.9% |
| 28th | Côte d'Ivoire | 12.03% | -1.0% |
| 29th | Algeria | 12.13% | -1.4% |
| 30th | Argentina | 12.31% | -6.0% |
| 31st | Ghana | 12.61% | -12.9% |
| 32nd | Benin | 12.78% | 3.8% |
| 33rd | Rwanda | 13.36% | 11.1% |
| 34th | Togo | 13.62% | -15.7% |
| 35th | Burundi | 13.66% | -7.5% |
| 36th | Kyrgyz Republic | 13.77% | 116.9% |
| 37th | Mozambique | 14.01% | 39.5% |
| 38th | Burkina Faso | 15.09% | 18.0% |
| 39th | Timor-Leste | 15.80% | -14.7% |
| 40th | Syrian Arab Republic | 17.54% | 16.3% |
| 41st | West Bank and Gaza | 17.57% | -23.2% |
| 42nd | Nigeria | 18.63% | 35.1% |
| 43rd | Paraguay | 18.76% | 36.8% |
| 44th | Senegal | 18.87% | 16.5% |
| 45th | Mauritania | 19.21% | 17.8% |
| 46th | Mexico | 19.76% | -3.3% |
| 47th | Cambodia | 19.95% | 28.4% |
| 48th | Micronesia, Federated States of | 20.25% | -5.3% |
| 49th | Eswatini | 20.67% | -4.7% |
| 50th | Dominican Republic | 20.74% | 0.2% |
| 51st | Guyana | 21.84% | -2.3% |
| 52nd | Eritrea | 22.06% | 6.4% |
| 53rd | Suriname | 23.86% | 11.7% |
| 54th | Ecuador | 23.96% | 2.5% |
| 55th | Pakistan | 24.17% | 4.9% |
| 56th | Djibouti | 24.34% | 8.1% |
| 57th | Solomon Islands | 25.24% | 8.5% |
| 58th | Kenya | 25.38% | 10.1% |
| 59th | Botswana | 26.30% | 12.1% |
| 60th | Trinidad and Tobago | 26.71% | -16.7% |
| 61st | Tajikistan | 26.83% | - |
| 62nd | Uruguay | 27.17% | 18.0% |
| 63rd | Seychelles | 27.52% | 15.7% |
| 64th | São Tomé and Principe | 27.63% | -10.3% |
| 65th | Guatemala | 27.76% | -3.1% |
| 66th | Philippines | 27.88% | 0.9% |
| 67th | Bhutan | 28.62% | 28.3% |
| 68th | Belarus | 28.63% | 15.4% |
| 69th | Sri Lanka | 29.54% | -13.7% |
| 70th | Peru | 29.76% | 21.0% |
| 71st | Jamaica | 30.19% | 10.6% |
| 72nd | Oman | 30.65% | -1.1% |
| 73rd | Colombia | 31.34% | 2.5% |
| 74th | Nicaragua | 31.39% | -4.8% |
| 75th | Bolivia, Plurinational State of | 31.49% | -8.3% |
| 76th | Brunei Darussalam | 31.77% | -7.1% |
| 77th | Türkiye | 33.16% | - |
| 78th | Bangladesh | 34.04% | 6.2% |
| 79th | Georgia | 34.44% | - |
| 80th | Serbia | 35.44% | 15.9% |
| 81st | Romania | 35.91% | 5.6% |
| 82nd | Kosovo | 36.09% | - |
| 83rd | Saudi Arabia | 37.68% | 1.7% |
| 84th | Mongolia | 39.90% | -4.0% |
| 85th | Slovak Republic | 40.70% | 8.9% |
| 86th | Qatar | 40.80% | -1.9% |
| 87th | Russian Federation | 41.55% | 10.0% |
| 88th | Egypt, Arab Republic of | 42.80% | -6.0% |
| 89th | Czechia | 43.28% | 11.8% |
| 90th | Iran, Islamic Republic of | 45.32% | -3.7% |
| 91st | Brazil | 45.78% | 12.5% |
| 92nd | St. Vincent and the Grenadines | 46.41% | 0.3% |
| 93rd | Dominica | 46.73% | 0.4% |
| 94th | Poland | 47.11% | 27.1% |
| 95th | Cabo Verde | 47.72% | 14.2% |
| 96th | Tunisia | 48.51% | 1.0% |
| 97th | Costa Rica | 49.38% | 12.8% |
| 98th | Belize | 49.41% | 8.5% |
| 99th | India | 49.56% | 8.6% |
| 100th | Aruba | 50.66% | -2.1% |
| 101st | El Salvador | 51.05% | -0.9% |
| 102nd | Honduras | 51.29% | -1.9% |
| 103rd | Nepal | 51.65% | 38.5% |
| 104th | Tonga | 52.27% | -5.1% |
| 105th | Macao SAR, China | 53.28% | 12.6% |
| 106th | Vanuatu | 55.06% | 25.7% |
| 107th | St. Kitts and Nevis | 55.08% | 0.6% |
| 108th | Samoa | 57.20% | -3.7% |
| 109th | Kuwait | 57.26% | -3.9% |
| 110th | Maldives | 57.73% | 5.7% |
| 111th | Antigua and Barbuda | 58.66% | 3.1% |
| 112th | Hungary | 59.36% | 11.6% |
| 113th | Bahamas, The | 62.10% | 6.0% |
| 114th | Belgium | 62.76% | -8.3% |
| 115th | Bahrain | 64.21% | 20.9% |
| 116th | Bosnia and Herzegovina | 65.61% | 8.9% |
| 117th | Bulgaria | 66.92% | 14.5% |
| 118th | Israel | 69.01% | 5.0% |
| 119th | Grenada | 70.08% | 1.9% |
| 120th | Barbados | 75.53% | 6.0% |
| 121st | Lebanon | 76.28% | 2.9% |
| 122nd | Slovenia | 76.77% | 7.6% |
| 123rd | Jordan | 78.43% | -14.4% |
| 124th | Finland | 80.11% | 5.0% |
| 125th | Mauritius | 80.69% | 14.2% |
| 126th | Viet Nam | 82.87% | -3.2% |
| 127th | Italy | 83.38% | 2.4% |
| 128th | Ukraine | 84.56% | - |
| 129th | Fiji | 85.91% | 9.1% |
| 130th | Montenegro | 86.61% | 8.2% |
| 131st | St. Lucia | 88.87% | 3.7% |
| 132nd | Estonia | 89.67% | 7.1% |
| 133rd | Greece | 90.51% | 5.5% |
| 134th | France | 92.64% | 4.1% |
| 135th | Germany | 95.40% | -0.1% |
| 136th | Austria | 96.44% | 3.1% |
| 137th | Malaysia | 96.75% | -4.8% |
| 138th | Singapore | 97.86% | 14.7% |
| 139th | Chile | 100.17% | 19.1% |
| 140th | China | 100.41% | -3.6% |
| 141st | Luxembourg | 101.15% | 18.6% |
| 142nd | European Union | 101.35% | 2.0% |
| 143rd | Thailand | 105.76% | -0.6% |
| 144th | Netherlands | 110.22% | -2.2% |
| 145th | Malta | 114.42% | 5.3% |
| 146th | Sweden | 118.42% | 6.4% |
| 147th | Norway | 119.25% | 11.4% |
| 148th | Australia | 121.44% | 1.0% |
| 149th | Canada | 124.10% | 0.5% |
| 150th | South Africa | 125.96% | -11.6% |
| 151st | Korea | 136.20% | 9.8% |
| 152nd | Hong Kong SAR, China | 140.29% | 2.6% |
| 153rd | Switzerland | 145.87% | -5.0% |
| 154th | Portugal | 151.48% | 6.5% |
| 155th | Japan | 160.92% | -1.2% |
| 156th | Ireland | 166.32% | 5.2% |
| 157th | Spain | 170.74% | 1.9% |
| 158th | United States | 185.13% | -10.3% |
| 159th | United Kingdom | 190.15% | 12.1% |
| 160th | Denmark | 190.32% | 3.4% |
| 161st | Iceland | 190.99% | -21.5% |
| 162nd | Cyprus | 212.21% | 17.4% |
FAQ
What was Philippines's credit to gdp in 2008?▾
Philippines's credit to gdp in 2008 was 27.88%. This ranked 66th globally.
How did Philippines's credit to gdp change in 2008?▾
Philippines's credit to gdp increased by 0.9% in 2008 compared to 2007.
Which country had the highest credit to gdp in 2008?▾
Cyprus had the highest credit to gdp in 2008 at 212.21%.
What is the credit to gdp of Philippines in 2008?▾
The credit to gdp of Philippines in 2008 was 27.88%. This ranked 66th globally.
How does 2008 compare to 2007 for Philippines's credit to gdp?▾
Philippines's credit to gdp went from 27.64% in 2007 to 27.88% in 2008, a 0.9% increase.
HistorySaid - pattern alert
Philippines matched the Export Boom Cycle pattern in 2008. Historically: 768 occurrences, 546 successful (71%). Outcome 24 months later: 7.3%. View full analysis →
Related
2007
2009
All years
Full ranking 2008
Lending Rate
Deposit Rate
Real Interest Rate
M2 Money Supply Growth
Non-Performing Loans
Peak: 2020
Lowest: 1960
Credit to GDP 1990s
Credit to GDP 2000s
Credit to GDP 2010s
Credit to GDP 2020s
Highest ever
Lowest ever
Average
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ASEAN Credit to GDP
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