Total Credit — Value US$ in Philippines
Philippines: Total Credit — Value US$ was 244,837 million USD in 2024. ◆ Volatile
Total Credit — Value US$ in Philippines, 1999–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for total credit — value us$ in Philippines is 244,837 million USD, measured in 2024. That is the highest value across all 26 years on record.
That represents a change of up 28.3% on the previous year and up 137.6% over ten years.
Over the whole period, total credit — value us$ in Philippines peaked at 244,837 million USD in 2024 and was at its lowest, 35,538 million USD, in 2001.
Philippines ranks 33rd of 166 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total Credit — Value US$ in Philippines, year by year
| Year | million USD | Change |
|---|---|---|
| 1999 | 44,836 million USD | — |
| 2000 | 40,840 million USD | -8.9% |
| 2001 | 35,538 million USD | -13.0% |
| 2002 | 36,001 million USD | +1.3% |
| 2003 | 36,569 million USD | +1.6% |
| 2004 | 36,248 million USD | -0.9% |
| 2005 | 39,095 million USD | +7.9% |
| 2006 | 47,315 million USD | +21.0% |
| 2007 | 56,377 million USD | +19.2% |
| 2008 | 65,980 million USD | +17.0% |
| 2009 | 66,694 million USD | +1.1% |
| 2010 | 62,635 million USD | -6.1% |
| 2011 | 86,854 million USD | +38.7% |
| 2012 | 100,135 million USD | +15.3% |
| 2013 | 108,425 million USD | +8.3% |
| 2014 | 103,051 million USD | -5.0% |
| 2015 | 113,147 million USD | +9.8% |
| 2016 | 125,659 million USD | +11.1% |
| 2017 | 138,767 million USD | +10.4% |
| 2018 | 152,771 million USD | +10.1% |
| 2019 | 168,034 million USD | +10.0% |
| 2020 | 173,703 million USD | +3.4% |
| 2021 | 184,934 million USD | +6.5% |
| 2022 | 183,899 million USD | -0.6% |
| 2023 | 190,770 million USD | +3.7% |
| 2024 | 244,837 million USD | +28.3% |
Philippines compared with similar countries
- Philippines's 244,837 million USD is above the median for upper middle income countries, which is 16,509 million USD, 14.8× the median. (47 countries reporting)
- Philippines's 244,837 million USD is above the median for East Asia & Pacific, which is 41,209 million USD, 5.9× the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 44,836 million USD | 44,836 million USD | 44,836 million USD | 1 |
| 2000s | 46,066 million USD | 35,538 million USD | 66,694 million USD | 10 |
| 2010s | 115,948 million USD | 62,635 million USD | 168,034 million USD | 10 |
| 2020s | 195,629 million USD | 173,703 million USD | 244,837 million USD | 5 |
Countries ranked near Philippines
More agriculture & rural data for Philippines
- Agriculture, forestry, and fishing, value added (current US$), annual -0.2488 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0859 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 358.34 current US$ per person (2025)
- Rural population, annual growth rate 0.0874 % change on previous year (2025)
- Rural population, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Rural population, per capita 0.4423 units per person (2025)
- Share of GDP from agriculture 8.6% (2025)
- Agriculture as a share of GDP vs. GDP per capita 8.6% (2025)
- Agricultural raw materials exports 1.1% (2024)
- Agricultural raw materials imports 0.6% (2024)
Frequently asked questions
- What is total credit — value us$ in Philippines?
- Total credit — value us$ in Philippines was 244,837 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value us$ recorded in Philippines?
- The highest recorded value was 244,837 million USD in 2024.
- What is the lowest total credit — value us$ recorded in Philippines?
- The lowest recorded value was 35,538 million USD in 2001.
- How does Philippines rank for total credit — value us$?
- Philippines ranks 33rd out of 166 countries with data for 2024.
- Is total credit — value us$ rising or falling in Philippines?
- Over the last ten years it is up 137.6%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Credit — Value US$. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
Credit to agriculture measures the amount of loans and advances given by the banking sector to farmers, rural households, agricultural cooperatives, or any other agri-related businesses. Each country’s central bank compiles its credit stocks by economic activities as part of its monetary and financial statistics publications via annual or quarterly reports online. Data collection has been carried out mostly through reports found on the central bank websites. Data are collected and compiled according to the International Standard Industrial Classification of All Economic Activities (ISIC Rev. 4: https://unstats.un.org/unsd/classifications/Econ/isic) with a special concentration on the credit to agriculture, forestry and fishing sector separately from the ones to manufacturing and services.