Non-performing car loans Philippines 2015-2024

Published by
Christy Balita,
Apr 3, 2025

As of December 2024, the value of non-performing auto loans in the Philippines reached approximately 25 billion Philippine pesos, indicating a decrease from the same month of the previous year. Non-performing car loans grew almost triple between 2019 and 2020.

Value of non-performing auto loans in the Philippines from 2015 to 2024 (in billion Philippine pesos)

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Release date

March 2025

Region

Philippines

Survey time period

2015 to 2024

Special properties

as of December each year

Supplementary notes

One Philippines peso is equal to 0.017 U.S. dollars and 0.016 euros as of April 2025.

Figures have been rounded.

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