Value of home loans released Pag-IBIG Fund 2017-2023

Published by Statista Research Department, Aug 30, 2024

The Pag-ibig Fund or the Home Development Mutual Fund in the Philippines released approximately 126 billion Philippine pesos of home loans in 2023, indicating a significant increase from the previous year. 

The program aims to provide financial support for its members to fund the purchase of residential lots and housing units, improvements and repairs, as well as house construction. It also offers multi-purpose loans and voluntary savings program.

Total value of home loans released by the Pag-IBIG Fund in the Philippines from 2017 to 2023 (in billion Philippine pesos)

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Release date

July 2024

Region

Asia, Philippines

Survey time period

2017 to 2023

Supplementary notes

One Philippines peso is equal to 0.017 U.S. dollars and 0.016 euros as of August 2024.

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