Philippines's broad money (current LCU) was 18.91 trillion in 2022, the latest year in the World Bank's World Development Indicators. That is up 203.69% from 6.23 trillion in 2012 (11.75% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 18.91 trillion | 2022 |
| Five years earlier | 12.49 trillion | 2017 |
| Ten years earlier | 6.23 trillion | 2012 |
| Highest | 18.91 trillion | 2022 |
| Lowest | 2.72 billion | 1960 |
| Average since 2013 | 13.2 trillion | 2013–2022 |
| First recorded | 2.72 billion |
What the numbers say
In 2022, Philippines' broad money (current LCU) rose 7.8% on 2021 (from 17.54 trillion to 18.91 trillion).
Across the 30 yearly changes before that (1992 to 2021), the average change was +13.3% and a typical year strayed about 7.3% from that (the standard deviation). This year's change was 0.8 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 53% in 1983. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2013 to 2022 the straight-line trend is upward, about 1.22 trillion a year. A straight line explains 100% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
A straight-line projection, tested first
Extending that straight line gives about 22.26 trillion for 2025. We show this only because the same method, fitted on earlier years, predicted 2020 to 2022 better than "no change" would have: its average miss was 1.06 trillion, against 2.62 trillion for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
Closest to Philippines in the 2022 ranking
- Viet Nam — 1st of 8: 13,109.7 trillion
- Peru — 3rd of 8: 581.36 billion
- Central African Republic — 4th of 8: 488.93 billion
- Kyrgyz Republic — 5th of 8: 443.72 billion
What this measures
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 63 values
| Year | Broad money (current LCU) |
|---|---|
| 2022 | 18,912,579,208,619 |
| 2021 | 17,540,827,029,528 |
| 2020 | 16,244,474,369,183 |
| 2019 | 14,950,131,998,323 |
| 2018 | 13,610,340,722,760 |
| 2017 | 12,486,648,982,212 |
| 2016 | 11,206,514,794,890 |
| 2015 | 9,888,717,324,665 |
| 2014 | 9,055,948,210,830 |
| 2013 | 8,054,206,267,306 |
Broad money (current LCU) in nearby economies
- Australia — 3.7 trillion (2025)
- Brunei Darussalam — 17.52 billion (2025)
- Cambodia — 256.78 trillion (2025)
- China — 306.91 trillion (2024)
- Fiji — 11.14 billion (2023)
- Hong Kong SAR, China — 16.03 trillion (2025)
- Indonesia — 10,134.7 trillion (2025)
- Japan — 1,638.01 trillion (2025)
- Korea, Rep. — 4,160.36 trillion (2024)
- Macao SAR, China — 841.15 billion (2025)
- Malaysia — 2.44 trillion (2025)
More financial sector data for Philippines
- Domestic credit to private sector by banks (% of GDP) — 52.13% (2025)
- Net domestic credit (current LCU) — 22.69 trillion (2025)
- Net foreign assets (current LCU) — 7.36 trillion (2025)
- Monetary sector credit to private sector (% of GDP) — 52.13% (2025)
- Consumer price index (2010 = 100) — 162.31 (2025)
- Inflation, consumer prices (annual % growth) — 1.66% (2025)
- Claims on central government, etc. (% of GDP) — 32.58% (2025)
- Domestic credit to private sector (% of GDP) — 52.13% (2025)
- GDP deflator (base year varies by country) — 120.58 (2025)
Reading data like this
Questions people ask
- What is Philippines's broad money (current LCU)?
- 18.91 trillion in 2022, according to the World Bank (World Development Indicators).
- How has it changed since 1960?
- It is up 695,318% from 2.72 billion in 1960 (15.34% a year on average, compounded). The highest value was 18.91 trillion in 2022 and the lowest 2.72 billion in 1960.
- Is the latest change in broad money (current LCU) unusual for Philippines?
- In 2022, Philippines' broad money (current LCU) rose 7.8% on 2021 (from 17.54 trillion to 18.91 trillion). Across the 30 yearly changes before that (1992 to 2021), the average change was +13.3% and a typical year strayed about 7.3% from that (the standard deviation). This year's change was 0.8 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator FM.LBL.BMNY.CN, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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