Philippine bank credit sits mid–low at 52% of GDP — far thinner than Thailand, Malaysia or Vietnam — while NPLs remain moderate at about 3%.
Branch density is peer-typical; ATMs lag Thailand and Malaysia. Don’t confuse credit depth with Findex inclusion. Laos credit/money is 2010 — omit from peer ranking. NPL gaps for Laos, Myanmar and Timor-Leste. Singapore is deep finance with thin branches.
What the comparison shows
Philippine private credit is deeper than Indonesia’s but thinner than the supplied Thailand, Malaysia and Vietnam observations. Physical banking access tells a different story: branch density is closer to peers, while ATM density lags some of them. Neither the number of access points nor credit relative to GDP tells us how evenly financial services are distributed.
Key findings from this pack
- PH credit depth exceeds Indonesia’s but trails Thailand, Malaysia and Vietnam’s older observation.
- PH branch density is close to Thailand’s, while ATM density trails Thailand and Malaysia.
- Singapore’s thin branch network does not establish shallow banking.
- Laos credit is critically stale; missing NPLs remain gaps. Credit depth and Findex inclusion are different measures.
The evidence: Philippines and peers
Philippines, Malaysia, Thailand, Vietnam and Indonesia. Values retain their individual years; missing observations are shown as —.
| Indicator / unit | Philippines | Malaysia | Thailand | Vietnam | Indonesia |
|---|---|---|---|---|---|
| Domestic credit to the private sector% of GDP | 52.112025 | 117.942025 | 143.082025 | 124.962022 | 36.282025 |
| Commercial bank branchesBranches per 100,000 adults | 8.092024 | 7.722024 | 8.022024 | 3.12024 | 11.232024 |
| Automated teller machinesATMs per 100,000 adults | 27.842024 | 52.172024 | 93.032024 | 27.242024 | 45.642024 |
| Non-performing loan ratio% of gross loans | 3.022025 | 1.372025 | 2.822024 | 4.852024 | 1.922025 |
| Broad money% of GDP | 85.862022 | 120.642025 | 140.982024 | 136.262022 | 42.542025 |
How to interpret the findings
Credit depth is not the same as account ownership or inclusion, and a larger credit ratio is not automatically better. The Laos credit observation is critically stale and unsuitable for a current ranking. Non-performing loan gaps and older observations also limit a uniform assessment of regional bank asset quality.
Coverage and context
Read row years and coverage notes; missing observations are not zero.
The table is a comparison of observations, not a combined ranking. The topic guide includes the wider SEA-11 coverage, interactive charts and full methodology.
Open credit & banking →All sources and observation years
S1 · World Bank WDI FS.AST.PRVT.GD.ZS (IMF IFS) · year 2025 · as_of 2026-09-06
S2 · World Bank WDI FB.CBK.BRCH.P5 (IMF Financial Access Survey) · year 2021 · as_of 2026-09-06
S3 · World Bank WDI FB.ATM.TOTL.P5 (IMF Financial Access Survey) · year 2021 · as_of 2026-09-06
S4 · World Bank WDI FB.AST.NPER.ZS (IMF IFS / financial soundness) · year 2022 · as_of 2026-09-06
S5 · World Bank WDI FM.LBL.BMNY.GD.ZS (IMF IFS) · year 2025 · as_of 2026-09-06
S6 · World Bank WDI FS.AST.PRVT.GD.ZS (IMF IFS) · year 2025 · as_of 2026-09-06
S7 · World Bank WDI FB.CBK.BRCH.P5 (IMF Financial Access Survey) · year 2024 · as_of 2026-09-06
S8 · World Bank WDI FB.ATM.TOTL.P5 (IMF Financial Access Survey) · year 2024 · as_of 2026-09-06
S9 · World Bank WDI FB.AST.NPER.ZS (IMF IFS / financial soundness) · year 2024 · as_of 2026-09-06
S10 · World Bank WDI FM.LBL.BMNY.GD.ZS (IMF IFS) · year 2025 · as_of 2026-09-06
S11 · World Bank WDI FS.AST.PRVT.GD.ZS (IMF IFS) · year 2025 · as_of 2026-09-06
S12 · World Bank WDI FB.CBK.BRCH.P5 (IMF Financial Access Survey) · year 2024 · as_of 2026-09-06
S13 · World Bank WDI FB.ATM.TOTL.P5 (IMF Financial Access Survey) · year 2024 · as_of 2026-09-06
S14 · World Bank WDI FB.AST.NPER.ZS (IMF IFS / financial soundness) · year 2025 · as_of 2026-09-06
S15 · World Bank WDI FM.LBL.BMNY.GD.ZS (IMF IFS) · year 2025 · as_of 2026-09-06
S16 · World Bank WDI FS.AST.PRVT.GD.ZS (IMF IFS) · year 2010 · as_of 2026-09-06
S17 · World Bank WDI FB.CBK.BRCH.P5 (IMF Financial Access Survey) · year 2024 · as_of 2026-09-06
S18 · World Bank WDI FB.ATM.TOTL.P5 (IMF Financial Access Survey) · year 2024 · as_of 2026-09-06
S19 · Pack coverage note · WDI FB.AST.NPER.ZS unavailable · year unavailable · as_of 2026-09-06
S20 · World Bank WDI FM.LBL.BMNY.GD.ZS (IMF IFS) · year 2010 · as_of 2026-09-06
S21 · World Bank WDI FS.AST.PRVT.GD.ZS (IMF IFS) · year 2025 · as_of 2026-09-06
S22 · World Bank WDI FB.CBK.BRCH.P5 (IMF Financial Access Survey) · year 2024 · as_of 2026-09-06
S23 · World Bank WDI FB.ATM.TOTL.P5 (IMF Financial Access Survey) · year 2024 · as_of 2026-09-06
S24 · World Bank WDI FB.AST.NPER.ZS (IMF IFS / financial soundness) · year 2025 · as_of 2026-09-06
S25 · World Bank WDI FM.LBL.BMNY.GD.ZS (IMF IFS) · year 2025 · as_of 2026-09-06
S26 · World Bank WDI FS.AST.PRVT.GD.ZS (IMF IFS) · year 2020 · as_of 2026-09-06
S27 · World Bank WDI FB.CBK.BRCH.P5 (IMF Financial Access Survey) · year 2020 · as_of 2026-09-06
S28 · World Bank WDI FB.ATM.TOTL.P5 (IMF Financial Access Survey) · year 2020 · as_of 2026-09-06
S29 · World Bank WDI FM.LBL.BMNY.GD.ZS (IMF IFS) · year 2020 · as_of 2026-09-06
S30 · World Bank WDI FS.AST.PRVT.GD.ZS (IMF IFS) · year 2025 · as_of 2026-09-06
S31 · World Bank WDI FB.CBK.BRCH.P5 (IMF Financial Access Survey) · year 2024 · as_of 2026-09-06
S32 · World Bank WDI FB.ATM.TOTL.P5 (IMF Financial Access Survey) · year 2024 · as_of 2026-09-06
S33 · World Bank WDI FB.AST.NPER.ZS (IMF IFS / financial soundness) · year 2025 · as_of 2026-09-06
S34 · World Bank WDI FM.LBL.BMNY.GD.ZS (IMF IFS) · year 2022 · as_of 2026-09-06
S35 · World Bank WDI FS.AST.PRVT.GD.ZS (IMF IFS) · year 2020 · as_of 2026-09-06
S36 · World Bank WDI FB.CBK.BRCH.P5 (IMF Financial Access Survey) · year 2024 · as_of 2026-09-06
S37 · World Bank WDI FB.ATM.TOTL.P5 (IMF Financial Access Survey) · year 2024 · as_of 2026-09-06
S38 · World Bank WDI FB.AST.NPER.ZS (IMF IFS / financial soundness) · year 2019 · as_of 2026-09-06
S39 · World Bank WDI FM.LBL.BMNY.GD.ZS (IMF IFS) · year 2020 · as_of 2026-09-06
S40 · World Bank WDI FS.AST.PRVT.GD.ZS (IMF IFS) · year 2025 · as_of 2026-09-06
S41 · World Bank WDI FB.CBK.BRCH.P5 (IMF Financial Access Survey) · year 2024 · as_of 2026-09-06
S42 · World Bank WDI FB.ATM.TOTL.P5 (IMF Financial Access Survey) · year 2024 · as_of 2026-09-06
S43 · World Bank WDI FB.AST.NPER.ZS (IMF IFS / financial soundness) · year 2024 · as_of 2026-09-06
S44 · World Bank WDI FM.LBL.BMNY.GD.ZS (IMF IFS) · year 2024 · as_of 2026-09-06
S45 · World Bank WDI FS.AST.PRVT.GD.ZS (IMF IFS) · year 2022 · as_of 2026-09-06
S46 · World Bank WDI FB.CBK.BRCH.P5 (IMF Financial Access Survey) · year 2024 · as_of 2026-09-06
S47 · World Bank WDI FB.ATM.TOTL.P5 (IMF Financial Access Survey) · year 2024 · as_of 2026-09-06
S48 · World Bank WDI FB.AST.NPER.ZS (IMF IFS / financial soundness) · year 2024 · as_of 2026-09-06
S49 · World Bank WDI FM.LBL.BMNY.GD.ZS (IMF IFS) · year 2022 · as_of 2026-09-06
S50 · World Bank WDI FS.AST.PRVT.GD.ZS (IMF IFS) · year 2025 · as_of 2026-09-06
S51 · World Bank WDI FB.CBK.BRCH.P5 (IMF Financial Access Survey) · year 2023 · as_of 2026-09-06
S52 · World Bank WDI FB.ATM.TOTL.P5 (IMF Financial Access Survey) · year 2023 · as_of 2026-09-06
S53 · World Bank WDI FM.LBL.BMNY.GD.ZS (IMF IFS) · year 2024 · as_of 2026-09-06
Cite this page
ASEAN in Data (2026). Philippine bank credit sits mid–low at 52% of GDP — far thinner than Thailand, Malaysia or Vietnam — while NPLs remain moderate at about 3%. /insights/credit-banking