Philippines Consumer Confidence Growth

2005 - 2023 | Quarterly | % Point | CEIC Data

Key information about Philippines Consumer Confidence Growth

  • Philippines Consumer Confidence dropped by 6.7 % Point in Jun 2023, compared with an increase of 1.2 % Point in the previous quarter.
  • Philippines Consumer Confidence: YoY Change is updated quarterly, available from Sep 2005 to Jun 2023, averaged at 1.1 % Point.
  • The data reached an all-time high of 22.4 % Point in Dec 2010 and a record low of -29.2 % Point in Sep 2008.

CEIC calculates Consumer Confidence Change from quarterly Consumer Expectations Index. Bangko Sentral ng Pilipinas provides Consumer Expectation Index with range from -100 to 100 with neutral point 0.

View Philippines's Consumer Confidence Growth from Sep 2005 to Jun 2023 in the chart:

Philippines Consumer Confidence Growth

What was Philippines's Consumer Confidence Growth in Jun 2023?

Philippines Consumer Confidence dropped by 6.7 % Point in Jun 2023, compared with an increase of 1.2 % Point in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
-6.7 Jun 2023 1.2 Mar 2023 -29.2 Sep 2008 22.4 Dec 2010 % Point quarterly Sep 2005 - Jun 2023

Consumer Confidence Growth by Country Comparison

country/region Last Frequency Range
Albania (% Point) 1.2 Dec 2024 quarterly Jun 2017 - Dec 2024
Argentina (% Point) 22.4 Feb 2025 monthly Mar 2002 - Feb 2025
Armenia (% Point) 3.0 Jun 2016 quarterly Sep 2006 - Jun 2016
Austria (% Point) -2.0 Feb 2025 monthly Oct 1996 - Feb 2025
Belgium (% Point) 1.0 Feb 2025 monthly Jan 1986 - Feb 2025
Brazil (%) -5.2 Jan 2025 monthly Sep 2006 - Jan 2025
Bulgaria (% Point) 1.9 Feb 2025 monthly May 2002 - Feb 2025
Chile (% Point) 7.8 Jun 2023 monthly Mar 2003 - Jun 2023
China (% Point) -0.7 Feb 2025 monthly Jan 1991 - Feb 2025
Colombia (% Point) -2.6 Feb 2025 monthly Nov 2002 - Feb 2025
Croatia (% Point) -4.5 Feb 2025 monthly May 2006 - Feb 2025
Cyprus (% Point) 7.9 Feb 2025 monthly May 2002 - Feb 2025
Czech Republic (% Point) 2.3 Feb 2025 monthly Jan 1999 - Feb 2025
Denmark (% Point) -7.1 Feb 2025 monthly Oct 1975 - Feb 2025
Ecuador (% Point) 2.4 Jan 2025 monthly Dec 2015 - Jan 2025
Estonia (% Point) -3.4 Feb 2025 monthly Dec 1996 - Feb 2025
European Union (% Point) 1.4 Feb 2025 monthly Jan 1986 - Feb 2025
Finland (% Point) 0.4 Feb 2025 monthly Oct 1996 - Feb 2025
France (% Point) 1.6 Feb 2025 monthly Jan 1986 - Feb 2025
Georgia (% Point) -8.5 Oct 2024 monthly May 2013 - Oct 2024
Germany (% Point) 2.9 Feb 2025 monthly Jan 1986 - Feb 2025
Ghana (%) -3.0 Dec 2024 monthly Oct 2013 - Dec 2024
Greece (% Point) 5.2 Feb 2025 monthly Jan 1986 - Feb 2025
Hong Kong SAR, China (%) 10.5 Sep 2017 quarterly Mar 2001 - Sep 2017
Hungary (% Point) -1.7 Feb 2025 monthly Jan 1997 - Feb 2025
Iceland (% Point) 33.3 Dec 2024 monthly Mar 2002 - Dec 2024
India (% Point) 1.3 Dec 2024 quarterly Dec 2011 - Dec 2024
Indonesia (% Point) 3.3 Feb 2025 monthly Jan 2011 - Feb 2025
Ireland (% Point) -17.7 Jan 2023 monthly Jan 1986 - Jan 2023
Israel (% Point) 6.2 Feb 2025 monthly Mar 2012 - Feb 2025
Italy (% Point) 2.4 Feb 2025 monthly Jan 1986 - Feb 2025
Japan (% Point) -7.8 Feb 2025 monthly Apr 2005 - Feb 2025
South Korea (% Point) -6.7 Feb 2025 monthly Jul 2009 - Feb 2025
Latvia (% Point) -1.4 Feb 2025 monthly Jan 1994 - Feb 2025
Lithuania (% Point) 8.0 Jun 2023 monthly Jan 2014 - Jun 2023
Luxembourg (% Point) 1.4 Feb 2025 monthly Jan 2003 - Feb 2025
Malaysia (% Point) 14.8 Dec 2024 quarterly Mar 2024 - Dec 2024
Malta (% Point) 6.1 Feb 2025 monthly Nov 2003 - Feb 2025
Mexico (% Point) -1.6 Feb 2025 monthly Apr 2002 - Feb 2025
Morocco (% Point) -7.4 Mar 2023 quarterly Mar 2009 - Mar 2023
Netherlands (% Point) -6.0 Feb 2025 monthly Apr 1987 - Feb 2025
New Zealand (% Point) 8.6 Dec 2024 quarterly Mar 2007 - Dec 2024
Nigeria (% Point) -1.3 Dec 2020 quarterly Jun 2010 - Dec 2020
Norway (% Point) 5.9 Feb 2025 monthly Jan 2013 - Feb 2025
Philippines (% Point) -6.7 Jun 2023 quarterly Sep 2005 - Jun 2023
Poland (% Point) 15.6 Jun 2023 monthly Jan 2005 - Jun 2023
Portugal (% Point) 8.0 Feb 2025 monthly Jun 1987 - Feb 2025
Qatar (% Point) -4.1 Mar 2023 quarterly Sep 2014 - Mar 2023
Romania (% Point) 0.3 Feb 2025 monthly May 2002 - Feb 2025
Russia (% Point) 4.0 Dec 2024 quarterly Dec 1999 - Dec 2024
Slovakia (% Point) -7.4 Feb 2025 monthly Apr 2000 - Feb 2025
Slovenia (% Point) -2.0 Feb 2025 monthly Mar 1997 - Feb 2025
South Africa (% Point) 0.0 Jun 2023 quarterly Jun 1983 - Jun 2023
Spain (% Point) 8.3 Sep 2024 monthly Jun 1987 - Sep 2024
Sweden (% Point) 4.3 Feb 2025 monthly Oct 1996 - Feb 2025
Switzerland (% Point) -2.0 Jul 2018 quarterly Oct 1973 - Jul 2018
Taiwan (% Point) -0.6 Feb 2025 monthly Jan 2002 - Feb 2025
Thailand (% Point) -6.0 Feb 2025 monthly Oct 1999 - Feb 2025
Turkey (% Point) 2.7 Feb 2025 monthly Jan 2013 - Feb 2025
United Kingdom (% Point) -7.2 Dec 2020 monthly Jan 1986 - Dec 2020
United States (%) -6.2 Feb 2025 monthly Feb 1968 - Feb 2025

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Philippines Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.7 Dec 2024 quarterly Dec 1985 - Dec 2024
Consolidated Fiscal Balance (USD mn) -5,637.507 Dec 2024 monthly Jan 1985 - Dec 2024
Tax Revenue (USD mn) 4,304.459 Dec 2024 monthly Jan 1985 - Dec 2024
Tax Revenue: % of GDP (%) 13.1 Dec 2024 quarterly Mar 1985 - Dec 2024
National Government Debt (USD mn) 279,510.2 Jan 2025 monthly Jan 1993 - Jan 2025
Government Debt: % of GDP (%) 60.7 Dec 2024 quarterly Mar 1993 - Dec 2024
Forecast: Government Expenditure (PHP bn) 8,856.329 2029 yearly 1989 - 2029
Forecast: Government Net Debt (PHP bn) 22,005.550 2029 yearly 1993 - 2029
Forecast: Government Revenue (PHP bn) 8,175.786 2029 yearly 1989 - 2029
Govt Debt: Domestic and Foreign: Outstanding: Short Term (PHP mn) 766,368.300 Jan 2025 monthly Jan 2006 - Jan 2025
Govt Debt: Domestic and Foreign: Outstanding: Long Term (PHP mn) 13,220,466.360 Jan 2025 monthly Jan 2006 - Jan 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 5.556 2028 yearly 1980 - 2028
Trade Balance (USD mn) -5,089.0 Jan 2025 monthly Jan 1957 - Jan 2025
Total Exports (USD mn) 6,363.9 Jan 2025 monthly Jan 1979 - Jan 2025
Total Exports Growth (%) 6.3 Jan 2025 monthly Jan 1980 - Jan 2025
Aluminum: Exports (USD th) 172,934.333 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 50,061.591 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 7,078.928 2023 yearly 1995 - 2023
Total Imports (USD mn) 11,452.9 Jan 2025 monthly Jan 1979 - Jan 2025
Total Imports Growth (%) 10.8 Jan 2025 monthly Jan 1980 - Jan 2025
Imports: Medicament (USD th) 1,767,963.325 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 693,891.948 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 1,127.533 Jan 2025 monthly Jan 1978 - Jan 2025
Total Imports from USA (USD mn) 690.808 Jan 2025 monthly Jan 1986 - Jan 2025
Total Exports to China (USD mn) 645.572 Jan 2025 monthly Jan 1984 - Jan 2025
Total Imports from China (USD mn) 3,305.648 Jan 2025 monthly Jan 1986 - Jan 2025
Imports: Metalliferous Ores and Metal Scrap (USD mn) 83.443 Dec 2018 monthly Jan 2006 - Dec 2018
Imports: Iron and Steel (USD mn) 382.669 Dec 2018 monthly Jan 2006 - Dec 2018
Imports: Medicinal and Pharmaceutical Products (USD mn) 108.103 Dec 2018 monthly Jan 2006 - Dec 2018
Import Value Index (2015=100) 166.404 2021 yearly 1980 - 2021
Export Value Index (2015=100) 126.842 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -56.0 Sep 2024 monthly Jan 2005 - Sep 2024
Current Account Balance (USD mn) -2,198.3 Sep 2024 monthly Jan 1999 - Sep 2024
Current Account Balance: % of GDP (%) -4.3 Mar 2023 quarterly Mar 1981 - Mar 2023
Foreign Direct Investment (USD mn) 109.8 Dec 2024 monthly Jan 2005 - Dec 2024
Foreign Direct Investment: % of GDP (%) 1.6 Dec 2024 quarterly Mar 2005 - Dec 2024
Foreign Portfolio Investment (USD mn) 4,331.839 Sep 2024 quarterly Mar 2005 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) 4.0 Sep 2024 quarterly Mar 1981 - Sep 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 632.6 Sep 2024 quarterly Mar 1996 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 3,699.289 Sep 2024 quarterly Mar 1977 - Sep 2024
External Debt (USD mn) 139,643.3 Sep 2024 quarterly Mar 2005 - Sep 2024
External Debt: % of GDP (%) 28.7 2023 yearly 1990 - 2023
External Debt: Short Term (USD mn) 17,352.9 Mar 2023 quarterly Mar 2005 - Mar 2023
External Debt: Short Term: % of GDP (%) 3.9 2023 yearly 2005 - 2023
Forecast: Current Account Balance (USD bn) -8.070 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) -74,249.007 Sep 2024 quarterly Dec 2012 - Sep 2024
BoP: CA: Goods: Credit: Export (USD mn) 4,544.863 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: Other Investments (OI) (USD mn) -5,935.605 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Goods: Debit: Import (USD mn) 10,973.729 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: FD: Net Incurrence of Liabilities (USD mn) -109.359 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Export (USD mn) 13,200.174 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Secondary Income: Credit: Receipts (USD mn) 2,806.536 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Services: Credit: Export (USD mn) 4,345.739 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: Current Account (CA) (USD mn) -2,198.350 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: Financial Derivatives (FD) (USD mn) 3.339 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: DI: Net Incurrence of Liabilities (USD mn) 109.782 Dec 2024 monthly Jan 2005 - Dec 2024
BoP: FA: DI: Net Acquisition of Financial Assets (USD mn) -56.003 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Credit: Receipts (USD mn) 7.553 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: PI: Net Acquisition of Financial Assets (USD mn) 2,750.794 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Goods (USD mn) -6,428.866 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: Net Incurrence of Liabilities (USD mn) 8,335.793 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: Financial Account (FA) (USD mn) -6,468.764 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: Capital Account (CA) (USD mn) 7.090 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: OI: Net Incurrence of Liabilities (USD mn) 5,213.863 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Secondary Income (USD mn) 2,712.952 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: FD: Net Acquisition of Financial Assets (USD mn) -106.020 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Import (USD mn) 15,398.524 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Debit: Payments (USD mn) 0.463 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: Direct Investment (DI) (USD mn) -424.122 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: Net Acquisition of Financial Assets (USD mn) 1,867.029 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Primary Income: Debit: Payments (USD mn) 1,088.860 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Services (USD mn) 1,103.388 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: Portfolio Investment (PI) (USD mn) -112.376 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: PI: Net Incurrence of Liabilities (USD mn) 2,863.171 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Primary Income: Credit: Receipts (USD mn) 1,503.036 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: Change in Reserve Assets: Debit (USD mn) 3,540.703 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: FA: OI: Net Acquisition of Financial Assets (USD mn) -721.743 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Primary Income (USD mn) 414.176 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Secondary Income: Debit: Payments (USD mn) 93.584 Sep 2024 monthly Jan 2005 - Sep 2024
BoP: CA: Services: Debit: Import (USD mn) 3,242.350 Sep 2024 monthly Jan 2005 - Sep 2024
External Debt: Medium and Long Term (USD mn) 118,527.393 Sep 2024 quarterly Mar 2005 - Sep 2024
External Debt: By Country Profile: Country: France (USD mn) 1,223.412 Sep 2024 quarterly Mar 2005 - Sep 2024
External Debt: By Country Profile: Country: USA (USD mn) 3,119.277 Sep 2024 quarterly Mar 2005 - Sep 2024
External Debt: By Country Profile: Country: UK (USD mn) 4,510.353 Sep 2024 quarterly Mar 2005 - Sep 2024
External Debt: By Country Profile: Country: Japan (USD mn) 15,383.270 Sep 2024 quarterly Mar 2005 - Sep 2024
External Debt: By Country Profile: Country: Germany (USD mn) 1,601.742 Sep 2024 quarterly Mar 2005 - Sep 2024
FDI: Approved: Real Estate Activities (PHP mn) 2,515.437 Dec 2024 quarterly Mar 2010 - Dec 2024
FDI: Approved: Administrative & Support Services (PHP mn) 3,327.175 Dec 2024 quarterly Mar 2010 - Dec 2024
FDI: Approved: Manufacturing (PHP mn) 30,550.029 Dec 2024 quarterly Mar 2010 - Dec 2024
FDI: Approved: Information & Communication (PHP mn) 265.529 Dec 2024 quarterly Mar 2010 - Dec 2024
FDI: Approved: Transportation & Storage (PHP mn) 11,869.695 Dec 2024 quarterly Mar 2010 - Dec 2024
Business Closure (BC): All Industries (Unit) 3,294.000 2017 yearly 1995 - 2017
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.3 Dec 2024 monthly Mar 2008 - Dec 2024
Household Debt: % of GDP (%) 11.7 Dec 2024 quarterly Mar 2009 - Dec 2024
Non-Performing Loans (USD mn) 8,626.092 Dec 2024 quarterly Mar 2008 - Dec 2024
Money Supply M1 (USD mn) 122,549.846 Jan 2025 monthly Dec 1988 - Jan 2025
Money Supply M2 (USD mn) 303,607.786 Jan 2025 monthly Dec 1988 - Jan 2025
M2 Growth (%) 7.2 Jan 2025 monthly Dec 1989 - Jan 2025
Reserve Requirement Ratio (%) 7.0 Feb 2025 monthly May 1986 - Feb 2025
Foreign Exchange Reserves (USD mn) 90,922.5 Feb 2025 monthly Jan 1960 - Feb 2025
Foreign Exchange Reserves: Months of Import (NA) 7.6 Jan 2025 monthly Jan 1979 - Jan 2025
Gold Reserves (USD mn) 12,049.890 Feb 2025 monthly Dec 1956 - Feb 2025
Total Deposits (USD mn) 351,189.405 Dec 2024 quarterly Mar 2008 - Dec 2024
Total Deposits Growth (%) 7.0 Dec 2024 quarterly Mar 2009 - Dec 2024
Domestic Credit (USD mn) 347,323.4 Jan 2025 monthly Dec 2001 - Jan 2025
Domestic Credit Growth (%) 10.9 Jan 2025 monthly Dec 2002 - Jan 2025
Household Debt (USD mn) 53,181.6 Dec 2024 quarterly Mar 2009 - Dec 2024
Total Loans (USD mn) 243,635.782 Jan 2025 monthly Mar 2008 - Jan 2025
Total Loans Growth (%) 12.62 Dec 2024 monthly Mar 2009 - Dec 2024
Private Debt: % of Nominal GDP (%) 49.83 Dec 2024 quarterly Dec 2001 - Dec 2024
DCS: LA: M4: M3: M2 (PHP mn) 17,719,157.606 Jan 2025 monthly Dec 2001 - Jan 2025
DCS: Domestic Claims (DC) (PHP mn) 20,270,486.311 Jan 2025 monthly Dec 2001 - Jan 2025
DCS: LA: M4: M3 (PHP mn) 18,149,334.043 Jan 2025 monthly Dec 2001 - Jan 2025
DCS: LA: M4: M3: M2: M1 (PHP mn) 7,152,254.131 Jan 2025 monthly Dec 2001 - Jan 2025
ORA: Other Reserve Assets (USD mn) 1,552.07 Jun 2018 monthly Apr 2000 - Jun 2018
Reserve Requirement Ratio: Commercial Banks: Local Currency Deposits (%) 7.000 Feb 2025 monthly May 1986 - Feb 2025
CL: PBS: Real Estate: Residential (PHP bn) 1,099.416 Dec 2024 quarterly Mar 2009 - Dec 2024
Consumer Loans (CL): Philippine Banking System (PBS) (PHP bn) 3,085.276 Dec 2024 quarterly Mar 2009 - Dec 2024
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 61.869 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) -1.9 Dec 2024 quarterly Jun 2002 - Dec 2024
Business Outlook: Index: Industry: Current Quarter (Point) 34.545 Dec 2024 quarterly Jun 2001 - Dec 2024
Business Outlook: Index: Services: Current Quarter (Point) 52.860 Dec 2024 quarterly Jun 2001 - Dec 2024
PH: Ease of Doing Business Rank: 1=Most Business-friendly Regulations (NA) 95.000 2019 yearly 2019 - 2019

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