28_Cross-border dep. with BIS banks, nonbanks, annual growth rate in Philippines

Philippines: 28_Cross-border dep. with BIS banks, nonbanks, annual growth rate was 16.38 % change on previous year in 2025. ◆ Volatile

Latest (2025)
16.38 % change on previous year
Change on year
up 2,842.8%
World rank
40th
of 208 countries
All-time high
33.85 % change on previous year
in 2007
All-time low
-16.47 % change on previous year
in 2009
Years of data
30
1996–2025

28_Cross-border dep. with BIS banks, nonbanks, annual growth rate in Philippines, 1996–2025

-20020401996201020251996: 0 % change on previous year1997: -5 % change on previous year1998: 2.7 % change on previous year1999: 15.1 % change on previous year2000: 8.4 % change on previous year2001: -7.8 % change on previous year2002: 0.485 % change on previous year2003: 7.8 % change on previous year2004: -0.97 % change on previous year2005: 10.8 % change on previous year2006: 3.6 % change on previous year2007: 33.9 % change on previous year2008: 15 % change on previous year2009: -16.5 % change on previous year2010: 4.1 % change on previous year2011: -12.1 % change on previous year2012: 3.6 % change on previous year2013: -8.4 % change on previous year2014: 28.7 % change on previous year2015: 1.7 % change on previous year2016: 9.9 % change on previous year2017: 2.1 % change on previous year2018: 4.5 % change on previous year2019: -0.413 % change on previous year2020: 9.6 % change on previous year2021: 6.2 % change on previous year2022: -5 % change on previous year2023: -0.502 % change on previous year2024: -0.597 % change on previous year2025: 16.4 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2025, 28_cross-border dep. with bis banks, nonbanks, annual growth rate in Philippines stood at 16.38 % change on previous year.

That represents a change of up 2,842.8% on the previous year and up 858.2% over ten years.

Over the whole period, 28_cross-border dep. with bis banks, nonbanks, annual growth rate in Philippines peaked at 33.85 % change on previous year in 2007 and was at its lowest, -16.47 % change on previous year, in 2009.

Philippines ranks 40th of 208 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

28_Cross-border dep. with BIS banks, nonbanks, annual growth rate in Philippines, year by year

Annual values for 28_Cross-border dep. with BIS banks, nonbanks, annual growth rate in Philippines, 1996 to 2025.
Year % change on previous year Change
1996 0 % change on previous year
1997 -5.05 % change on previous year
1998 2.74 % change on previous year -154.2%
1999 15.12 % change on previous year +452.3%
2000 8.4 % change on previous year -44.5%
2001 -7.8 % change on previous year -192.8%
2002 0.4848 % change on previous year -106.2%
2003 7.8 % change on previous year +1508.9%
2004 -0.9697 % change on previous year -112.4%
2005 10.77 % change on previous year -1210.8%
2006 3.58 % change on previous year -66.8%
2007 33.85 % change on previous year +845.3%
2008 15.02 % change on previous year -55.6%
2009 -16.47 % change on previous year -209.6%
2010 4.07 % change on previous year -124.7%
2011 -12.07 % change on previous year -396.7%
2012 3.64 % change on previous year -130.2%
2013 -8.38 % change on previous year -329.9%
2014 28.65 % change on previous year -441.9%
2015 1.71 % change on previous year -94.0%
2016 9.91 % change on previous year +479.6%
2017 2.12 % change on previous year -78.6%
2018 4.53 % change on previous year +113.7%
2019 -0.4126 % change on previous year -109.1%
2020 9.58 % change on previous year -2420.6%
2021 6.25 % change on previous year -34.8%
2022 -5.04 % change on previous year -180.7%
2023 -0.5024 % change on previous year -90.0%
2024 -0.5971 % change on previous year +18.8%
2025 16.38 % change on previous year -2842.8%

Philippines compared with similar countries

  • Philippines's 16.38 % change on previous year is above the median for upper middle income countries, which is 1.3 % change on previous year, 12.6× the median. (58 countries reporting)
  • Philippines's 16.38 % change on previous year is above the median for East Asia & Pacific, which is 8.38 % change on previous year, 2.0× the median. (34 countries reporting)

Biggest year-on-year movements

Years where 28_Cross-border dep. with BIS banks, nonbanks, annual growth rate in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2025 +2842.8% -0.5971 % change on previous year 16.38 % change on previous year
2020 +2420.6% -0.4126 % change on previous year 9.58 % change on previous year
2003 +1508.9% 0.4848 % change on previous year 7.8 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.2 % change on previous year -5.05 % change on previous year 15.12 % change on previous year 4
2000s 5.47 % change on previous year -16.47 % change on previous year 33.85 % change on previous year 10
2010s 3.38 % change on previous year -12.07 % change on previous year 28.65 % change on previous year 10
2020s 4.34 % change on previous year -5.04 % change on previous year 16.38 % change on previous year 6

Countries ranked near Philippines

  1. 37 United Arab Emirates 17.32 % change on previous year compare
  2. 38 Maldives 17.24 % change on previous year compare
  3. 39 Italy 16.58 % change on previous year compare
  4. 41 Namibia 16.35 % change on previous year compare
  5. 42 Slovenia 16.03 % change on previous year compare
  6. 43 Nauru 15.93 % change on previous year compare

See the full ranking of 208 places →

More reference data data for Philippines

All data for Philippines →

Frequently asked questions

What is 28_cross-border dep. with bis banks, nonbanks, annual growth rate in Philippines?
28_cross-border dep. with bis banks, nonbanks, annual growth rate in Philippines was 16.38 % change on previous year in 2025, according to Statizoid (derived).
What is the highest 28_cross-border dep. with bis banks, nonbanks, annual growth rate recorded in Philippines?
The highest recorded value was 33.85 % change on previous year in 2007.
What is the lowest 28_cross-border dep. with bis banks, nonbanks, annual growth rate recorded in Philippines?
The lowest recorded value was -16.47 % change on previous year in 2009.
How does Philippines rank for 28_cross-border dep. with bis banks, nonbanks, annual growth rate?
Philippines ranks 40th out of 208 countries with data for 2025.
Is 28_cross-border dep. with bis banks, nonbanks, annual growth rate rising or falling in Philippines?
Over the last ten years it is up 858.2%. The long-run trend across the full record is volatile.
Where does this Philippines data come from?
The figures come from Statizoid (derived), published as part of 28_Cross-border dep. with BIS banks, nonbanks, annual growth rate. Statizoid updates them automatically from the source API.

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28_Cross-border dep. with BIS banks, nonbanks, annual growth rate in Philippines. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/28-cross-border-dep-with-bis-banks-nonbanks-annual-growth-rate/philippines/

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<a href="https://reference.statizoid.com/stat/28-cross-border-dep-with-bis-banks-nonbanks-annual-growth-rate/philippines/">28_Cross-border dep. with BIS banks, nonbanks, annual growth rate in Philippines</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in 28_Cross-border dep. with BIS banks, nonbanks. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
28_Cross-border dep. with BIS banks, nonbanks, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 6,016 data points, 1996–2025
Last refreshed

The year-on-year percentage change in 28_Cross-border dep. with BIS banks, nonbanks. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.