Loan value for car loans Philippines 2015-2023

Published by
Christy Balita,
Apr 11, 2024
As of December 2023, the value of outstanding auto loans in the Philippines amounted to over 476 billion Philippine pesos, indicating an increase from the same month of the previous year. The value of outstanding car loans in the country peaked in December 2019.

Value of outstanding auto loans in the Philippines from 2015 to 2023 (in billion Philippine pesos)

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Release date

February 2024

Region

Philippines

Survey time period

2015 to 2023

Special properties

as of December each year

Supplementary notes

One Philippines peso is equal to 0.018 U.S. dollars and 0.016 euros as of April 2024.
Figures have been rounded.

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