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Bank Interest Expenses (Local Currency) in Philippines

Source: IMF
Last Updated: July 24, 2023

Bank interest expenses reached PHP 27,016 mil in second quarter of 2021 in Philippines, according to the National Central Bank. This is 4.27% less than in the previous quarter.

Historically, bank interest expenses in Philippines reached an all time high of PHP 72,085 mil in 2Q2019 and an all time low of PHP 17,524 mil in 3Q2013.

Philippines has been ranked 18th within the group of 53 countries we follow in terms of bank interest expenses.

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