Philippines



Philippines: Statistical Data At-A-Glance
IndicatorDataYearSource
Total population100.1 million2014WDI
Urban population (% of total)44.49% of total2014WDI
GDP, current prices (U.S. dollars)291,965 USD (millions)2015WEO
GDP based on PPP per capita GDP (Current international dollar)7,254.2 USD 2015WEO
Inflation, end of period consumer prices (Percent change)1.5%2015WEO
Average bank deposit rate1.59%2015IFS
Lending rate5.58%2015IFS
Owner-occupied units52.7% of total2013DHS 2013 Survey
Total amount of home mortgage loans outstanding at the end of year in millions of USD:9,804.86 USD (millions)2015BSP
Total amount of home mortgage loans outstanding at the end of year as % of GDP (current)3.36%2015WEO and BSP
Typical LTV at origination80%2014PAG IBIG Financing
Typical number of days needed for the transfer of title35 days2014WDI

About the Editor

National Home Mortgage Finance Corporation NHMFC
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The National Home Mortgage Finance Corporation (NHMFC) was created in 1977 with the mandate of developing the secondary mortgage market to provide a strong and sustainable housing finance system.  It is one of the key shelter agencies under the Housing and Urban Development Coordinating Council (HUDCC).