Average bank lending real interest rate Philippines 2017-2023

Published by
Christy Balita,
Jul 15, 2024

In 2023, preliminary figures reflected that the average lending real interest rates of banks in the Philippines reached 1.55 percent, indicating an increase from the previous year. The average lending real interest rate of banks in the country peaked in 2019 and 2020. 

Average lending real interest rates of banks in the Philippines from 2017 to 2023

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Release date

July 2024

Region

Asia, Philippines

Survey time period

2017 to 2023

Supplementary notes

*Preliminary figures.

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Banking in the PhilippinesE-commerce in the PhilippinesMobile internet & apps in the PhilippinesDigital payments in the PhilippinesFintech in the Philippines
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