The benchmark interest rate in Philippines was last recorded at 4.75 percent. This dataset provides the latest reported value for - Philippines Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about Philippines Long Term Interest Rate

• Philippines Long Term Interest Rate: Month End: Philippines: Treasury Bond Rate: 10 Years was reported at 5.74 % pa in Nov 2025, compared with 5.80 % pa in the previous month.
• Philippines Long Term Interest Rate data is updated monthly, available from Sep 1996 to Nov 2025.
• Long Term Interest Rate is reported by reported by CEIC Data.

• In the latest reports, Philippines Short Term Interest Rate: Month End: Treasury Bill Rate: 91 Days was reported at 4.85 % pa in Nov 2025.
• The cash rate (Policy Rate: Month End: Overnight Lending Facility) was set at 5.25 % pa in Nov 2025.
• Philippines Exchange Rate against USD averaged 58.91 (USD/PHP) in Nov 2025.

In 2024, preliminary figures reflected that the average lending real interest rates of banks in the Philippines reached **** percent, indicating a significant increase from the previous year. This was the highest lending real interest rate of banks since 2017.

Monthly and long-term Philippines Interest Rate data: historical series and analyst forecasts curated by FocusEconomics.

Lending interest rate (%) in Philippines was reported at 7.0958 % in 2019, according to the World Bank collection of development indicators, compiled from officially recognized sources. Philippines - Lending interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.

Philippines PH: Deposit Interest Rate data was reported at 1.879 % pa in 2017. This records an increase from the previous number of 1.596 % pa for 2016. Philippines PH: Deposit Interest Rate data is updated yearly, averaging 8.446 % pa from Dec 1976 (Median) to 2017, with 40 observations. The data reached an all-time high of 21.172 % pa in 1984 and a record low of 1.229 % pa in 2014. Philippines PH: Deposit Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Philippines – Table PH.World Bank.WDI: Interest Rates. Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files.; ;

The Philippines: Real interest rate: Bank lending rate minus inflation: The latest value from 2019 is 6.35 percent, an increase from 2.29 percent in 2018. In comparison, the world average is 6.73 percent, based on data from 114 countries. Historically, the average for the Philippines from 1976 to 2019 is 4.76 percent. The minimum value, -16.19 percent, was reached in 1984 while the maximum of 14.23 percent was recorded in 1986.

Philippines PH: Lending Interest Rate data was reported at 5.627 % pa in 2017. This records a decrease from the previous number of 5.642 % pa for 2016. Philippines PH: Lending Interest Rate data is updated yearly, averaging 12.201 % pa from Dec 1976 (Median) to 2017, with 42 observations. The data reached an all-time high of 28.612 % pa in 1985 and a record low of 5.526 % pa in 2014. Philippines PH: Lending Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Philippines – Table PH.World Bank.WDI: Interest Rates. Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files.; ;

Bank deposit interest rate, percent in the Philippines, June, 2025 The most recent value is 4.16 percent as of June 2025, a decline compared to the previous value of 4.18 percent. Historically, the average for the Philippines from January 1982 to June 2025 is 7.65 percent. The minimum of 0.4 percent was recorded in February 2022, while the maximum of 34.27 percent was reached in November 1984. | TheGlobalEconomy.com

Forecast: Bank Lending Interest Rate in Philippines 2024 - 2028 Discover more data with ReportLinker!

Real interest rate of Philippines rocketed by 177.23% from 2.29 % in 2018 to 6.35 % in 2019. Since the 24.95% slump in 2017, real interest rate shot up by 96.61% in 2019. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator.

The real interest rate in the Philippines was **** percent in 2019. Between 1976 and 2019, the real interest rate rose by **** percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend.

Philippines PH: Real Interest Rate data was reported at 3.232 % pa in 2017. This records a decrease from the previous number of 3.877 % pa for 2016. Philippines PH: Real Interest Rate data is updated yearly, averaging 4.691 % pa from Dec 1976 (Median) to 2017, with 42 observations. The data reached an all-time high of 14.163 % pa in 1986 and a record low of -16.396 % pa in 1984. Philippines PH: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Philippines – Table PH.World Bank.WDI: Interest Rates. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.; ;

Actual value and historical data chart for Philippines Real Interest Rate Percent

Deposit Interest Rate in Philippines remained unchanged at 4.25 percent in November. This dataset includes a chart with historical data for Deposit Interest Rate in Philippines.

Actual value and historical data chart for Philippines Deposit Interest Rate Percent

Lending Rate in Philippines remained unchanged at 5.25 percent in November. This dataset provides - Philippines Overnight Lending Facility Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Daily dataset of the Philippines Interest Rate, including historical data, latest releases, and long-term trends from 2015-09-24 to 2025-10-09. Available for free download in CSV format.

Philippines Interest Rate: BSP Rediscount Rates data was reported at 5.288 % pa in Nov 2018. This records an increase from the previous number of 5.125 % pa for Oct 2018. Philippines Interest Rate: BSP Rediscount Rates data is updated monthly, averaging 5.917 % pa from Jan 1991 (Median) to Nov 2018, with 326 observations. The data reached an all-time high of 18.286 % pa in Feb 1998 and a record low of 3.060 % pa in Dec 2016. Philippines Interest Rate: BSP Rediscount Rates data remains active status in CEIC and is reported by Bangko Sentral ng Pilipinas. The data is categorized under Global Database’s Philippines – Table PH.M004: Manila Reference, Rediscount and Lending Rate. Refers to the rate charged on eligible papers which banks rediscount with the BSP. It is computed monthly as one percent below the 91-day Treasury bill rate for the preceding month.

Interest rate spread (lending rate minus deposit rate, %) in Philippines was reported at 3.0122 % in 2019, according to the World Bank collection of development indicators, compiled from officially recognized sources. Philippines - Interest rate spread (lending rate minus deposit rate, %) - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.