Consumer Credit in Philippines increased to 329.44 PHP Billion in the third quarter of 2018 from 318.96 PHP Billion in the second quarter of 2018. Consumer Credit in Philippines averaged 174.40 PHP Billion from 2006 until 2018, reaching an all time high of 329.44 PHP Billion in the third quarter of 2018 and a record low of 76 PHP Billion in the first quarter of 2006.
Consumer Credit in Philippines is expected to be 333.00 PHP Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Credit in Philippines to stand at 362.00 in 12 months time. In the long-term, the Philippines Consumer Credit is projected to trend around 375.00 PHP Billion in 2020, according to our econometric models.