Interest spread, which is the difference between interest rate on loans and deposits rose 0.346% to 3.01% in Philippines in 2019, according to the National Central Bank.
Historically, interest spread, which is the difference between interest rate on loans and deposits in Philippines reached an all time high of 9.70% in 1985 and an all time low of 1.48% in 1981.
Philippines has been ranked 69th within the group of 87 countries we follow in terms of interest spread, which is the difference between interest rate on loans and deposits, 5 places below the position seen 10 years ago.
Interest Spread (Difference Between Interest Rate on Loans and Deposits) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Australia | % | 3.27% | 3.28% | 3.24% | 3.28% | 3.54% | ... | ... | ||||||||||||||
Cambodia | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
China | % | 2.85% | 2.85% | 2.85% | 2.85% | 2.85% | ||||||||||||||||
Hong Kong | % | 4.99% | 4.99% | 4.99% | 5.00% | 4.97% | ||||||||||||||||
India | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Indonesia | % | 4.33% | 4.72% | 4.56% | 4.41% | 3.68% | ||||||||||||||||
Japan | % | 0.737% | 0.744% | 0.673% | ... | ... | ... | ... | ||||||||||||||
Laos | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||||||||||
Malaysia | % | 1.43% | 1.50% | 1.68% | 1.78% | 1.89% | ||||||||||||||||
Philippines | % | 3.99% | 4.05% | 3.75% | 3.00% | 3.01% | ... | ... | ||||||||||||||
Russia | % | 6.52% | 5.63% | 4.70% | 3.50% | 3.35% | ||||||||||||||||
Singapore | % | 5.18% | 5.16% | 5.14% | 5.17% | 5.05% | ||||||||||||||||
Taiwan | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Thailand | % | 3.30% | 3.17% | 3.13% | 2.86% | 2.67% | ||||||||||||||||
USA | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Vietnam | % | 2.37% | 1.93% | 2.26% | 2.63% | 2.73% |