Leading sources of loans taken out by households Philippines Q4 2023

Published by
Christy Balita,
Jan 8, 2024
According to a survey on consumer expectations in the fourth quarter of 2023, about 30 percent of the surveyed households in the Philippines stated that they took loans from a lending company. In addition, relatives and/or friends were also among the most popular source of loans of the surveyed households.

Most popular sources of loans among households in the Philippines during 4th quarter of 2023

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Release date

December 2023

Region

Philippines

Survey time period

October 2 to 13, 2023

Number of respondents

5,256 households

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