COUNTRY / INDICATOR
Philippines Real Interest Rate
Philippines real interest rate: latest available value for 2019, historical series from 2014, ranking context and source documentation.
Series overview
FR.INR.RINR| Year | Value | Change |
|---|---|---|
| 2019 | 6,35 | 4,06 |
| 2018 | 2,29 | -0,94 |
| 2017 | 3,23 | -1,07 |
| 2016 | 4,31 | -2,04 |
| 2015 | 6,34 | 3,94 |
| 2014 | 2,40 | — |
Source methodology
World Development IndicatorsIndicator note: An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The 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. This indicator is expressed as a percentage (a÷b)*100.
Source organization: International Financial Statistics database, International Monetary Fund (IMF); World Development Indicators, World Bank (WB)
Metadata fetched: 2026-09-27 05:45:18. Open original metadata response.
Revision history
16 detected changesSource revisions are retained before the current observation is replaced. This table documents the previous and replacement value for reproducibility.
| Detected | Data year | Previous value | Replacement value | Source | Source update |
|---|---|---|---|---|---|
| 2026-09-28 12:03:11 | 2014 | 2,40 | 2,40 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-09-28 12:03:11 | 2015 | 6,34 | 6,34 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-09-28 12:03:11 | 2016 | 4,31 | 4,31 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-09-28 12:03:11 | 2017 | 3,23 | 3,23 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-09-28 12:03:11 | 2018 | 2,29 | 2,29 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-09-28 12:03:11 | 2019 | 6,35 | 6,35 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-08-08 01:22:27 | 2014 | 2,40 | 2,40 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-08-08 01:22:27 | 2015 | 6,34 | 6,34 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-08-08 01:22:27 | 2016 | 4,31 | 4,31 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-08-08 01:22:27 | 2017 | 3,23 | 3,23 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-08-08 01:22:27 | 2018 | 2,29 | 2,29 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-08-08 01:22:27 | 2019 | 6,35 | 6,35 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-08-05 11:37:24 | 2016 | 4,31 | 4,31 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-08-05 11:37:24 | 2017 | 3,23 | 3,23 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-08-05 11:37:24 | 2018 | 2,29 | 2,29 | World Bank Indicators API | 2026-07-13 02:00:00 |
| 2026-08-05 11:37:24 | 2019 | 6,35 | 6,35 | World Bank Indicators API | 2026-07-13 02:00:00 |
Country-specific interpretation
Automatically derived from the displayed seriesPhilippines recorded 6,35 percent in 2019, the latest year available in this series.
Compared with 2018, the real interest rate increased by 4,06.
Across the latest five-year comparison window, the series shows an upward direction.
Across 6 observations from 2014 to 2019, the average was 4,15; the minimum was 2,29 in 2018 and the maximum was 6,35 in 2019.
Philippines ranks 54 out of 148 countries with a current value in the portal ranking.
The latest value is above the available average for East Asia & Pacific.
It is also below the available average for the Upper middle income group.
Inflation-adjusted financing conditions.