Digital lending loan book balance Philippines 2019-2030

Published by
Christy Balita,
Nov 6, 2024

In 2023, the value of lending loan book via digital financial services in the Philippines reached three billion U.S. dollars. By 2030, the digital lending loan book value was forecast to amount to 20 billion U.S. dollars.

Loan book balance for digital lending in the Philippines from 2019 to 2023, with a forecast for 2024 and 2030 (in billion U.S. dollars)

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Release date

November 2024

Region

Philippines

Survey time period

2021 to 2024

Supplementary notes

*Figures for 2024 and 2030 were interpreted as forecasts, although the source did not specify it. 

No data was provided by the source for 2020. 

Figures prior to 2022 came from earlier reporting. 

Loan book balance includes end-of-year balance for consumer loans (excluding credit card and mortgage) and small and medium enterprise (SME) loans. 

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