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Bank Interest Expenses (Local Currency) in Philippines

Source: IMF
Last Updated: July 24, 2023

Bank interest expenses reached PHP 164,467 mil in 2020 in Philippines, according to the National Central Bank. This is 37.9% less than in the previous year.

Historically, bank interest expenses in Philippines reached an all time high of PHP 264,673 mil in 2019 and an all time low of PHP 79,780 mil in 2014.

Philippines has been ranked 20th within the group of 70 countries we follow in terms of bank interest expenses.

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