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Philippines - Domestic Credit 2022

Name: Philippines Domestic Credit 2022
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Domestic credit provided by financial sector as % of GDP · World Bank

98.54% −2.29% from 2021 Global rank: 41st

Philippines's domestic credit was 98.54% in 2022, decreased +2.29% from 100.82% in 2021. This was the 41st highest globally.

Global Ranking - 2022▾

Domestic Credit by Country - 2022
Rank	Country	Value	YoY
1st	Tajikistan	8.85%	-14.7%
2nd	Azerbaijan	14.65%	-10.2%
3rd	Angola	15.01%	-17.6%
4th	Uzbekistan	18.23%	22.5%
5th	Rwanda	28.20%	-
6th	Moldova	29.37%	0.3%
7th	Zambia	31.76%	-8.6%
8th	Uganda	32.13%	13.0%
9th	Nicaragua	32.29%	-6.7%
10th	Guyana	32.50%	-36.1%
11th	Papua New Guinea	32.62%	-15.8%
12th	Solomon Islands	35.05%	17.3%
13th	Botswana	37.02%	-10.8%
14th	Kazakhstan	37.77%	-3.3%
15th	Argentina	41.46%	1.8%
16th	Brunei Darussalam	43.46%	-19.8%
17th	Guatemala	46.00%	0.1%
18th	Ukraine	49.16%	18.6%
19th	Dominican Republic	50.75%	-1.6%
20th	Indonesia	51.13%	-5.9%
21st	Bosnia and Herzegovina	51.37%	-8.1%
22nd	Kenya	55.44%	-0.8%
23rd	Uruguay	56.25%	1.2%
24th	Ecuador	57.45%	2.2%
25th	Kosovo	58.51%	2.5%
26th	Mexico	58.83%	-2.8%
27th	Albania	59.73%	-6.1%
28th	Armenia	64.99%	-12.8%
29th	Georgia	66.33%	-13.3%
30th	North Macedonia	72.37%	-1.4%
31st	Türkiye	72.58%	-22.0%
32nd	Honduras	77.13%	2.1%
33rd	Cabo Verde	78.12%	-11.7%
34th	United Arab Emirates	78.14%	-21.3%
35th	Samoa	80.03%	-5.4%
36th	Costa Rica	80.08%	-10.8%
37th	Namibia	89.08%	-14.8%
38th	Bhutan	90.63%	0.9%
39th	Maldives	93.13%	-4.8%
40th	Tunisia	97.54%	3.1%
41st	Philippines	98.54%	-2.3%
42nd	El Salvador	108.93%	0.7%
43rd	Norway	110.33%	-18.8%
44th	South Africa	118.54%	-2.9%
45th	Chile	132.90%	4.4%
46th	Mauritius	140.96%	-
47th	Morocco	146.43%	1.6%
48th	New Zealand	165.45%	-7.5%
49th	Fiji	170.12%	-16.0%
50th	Thailand	196.18%	-3.6%
51st	United States	251.15%	-15.2%
52nd	Japan	385.35%	-1.4%

FAQ

What was Philippines's domestic credit in 2022?▾

Philippines's domestic credit in 2022 was 98.54%. This ranked 41st globally.

How did Philippines's domestic credit change in 2022?▾

Philippines's domestic credit decreased by 2.3% in 2022 compared to 2021.

Which country had the highest domestic credit in 2022?▾

Japan had the highest domestic credit in 2022 at 385.35%.

What is the domestic credit of Philippines in 2022?▾

The domestic credit of Philippines in 2022 was 98.54%. This ranked 41st globally.

How does 2022 compare to 2021 for Philippines's domestic credit?▾

Philippines's domestic credit went from 100.82% in 2021 to 98.54% in 2022, a 2.3% decrease.

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