Commercial real estate loans in the Philippines amounted to approximately 1.73 trillion Philippine pesos in 2023, indicating an increase from the previous year. The value of commercial real estate loans in the country gradually increased since 2013.
Total value of commercial real estate loans in the Philippines from 2013 to 2023
(in trillion Philippine pesos)
Characteristic
Loan value in trillion Philippine pesos
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One Philippines peso is equal to 0.017 U.S. dollars and 0.016 euros as of July 2024.
Non-performing loans refer to loans wherein the borrower is in default and has not paid the monthly principal and interest payments at a specific period.
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BSP. (June 26, 2024). Total value of commercial real estate loans in the Philippines from 2013 to 2023 (in trillion Philippine pesos) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1426828/commercial-real-estate-loans-philippines/
BSP. "Total value of commercial real estate loans in the Philippines from 2013 to 2023 (in trillion Philippine pesos)." Chart. June 26, 2024. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1426828/commercial-real-estate-loans-philippines/
BSP. (2024). Total value of commercial real estate loans in the Philippines from 2013 to 2023 (in trillion Philippine pesos). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1426828/commercial-real-estate-loans-philippines/
BSP. "Total Value of Commercial Real Estate Loans in The Philippines from 2013 to 2023 (in Trillion Philippine Pesos)." Statista, Statista Inc., 26 Jun 2024, https://www.statista.com/statistics/1426828/commercial-real-estate-loans-philippines/
BSP, Total value of commercial real estate loans in the Philippines from 2013 to 2023 (in trillion Philippine pesos) Statista, https://www.statista.com/statistics/1426828/commercial-real-estate-loans-philippines/ (last visited August 25, 2024)
Total value of commercial real estate loans in the Philippines from 2013 to 2023 (in trillion Philippine pesos) [Graph], BSP, June 26, 2024. [Online]. Available: https://www.statista.com/statistics/1426828/commercial-real-estate-loans-philippines/