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 Sep 2024 quarterly Jun 2017 - Sep 2024
Argentina (% Point) -5.4 Oct 2024 monthly Mar 2002 - Oct 2024
Armenia (% Point) 3.0 Jun 2016 quarterly Sep 2006 - Jun 2016
Austria (% Point) 11.0 Sep 2024 monthly Oct 1996 - Sep 2024
Belgium (% Point) 0.0 Oct 2024 monthly Jan 1986 - Oct 2024
Brazil (%) 0.3 Oct 2024 monthly Sep 2006 - Oct 2024
Bulgaria (% Point) 3.2 Oct 2024 monthly May 2002 - Oct 2024
Chile (% Point) 7.8 Jun 2023 monthly Mar 2003 - Jun 2023
China (% Point) -1.5 Sep 2024 monthly Jan 1991 - Sep 2024
Colombia (% Point) 1.9 Sep 2024 monthly Nov 2002 - Sep 2024
Croatia (% Point) -0.8 Oct 2024 monthly May 2006 - Oct 2024
Cyprus (% Point) 0.6 Oct 2024 monthly May 2002 - Oct 2024
Czech Republic (% Point) 6.7 Oct 2024 monthly Jan 1999 - Oct 2024
Denmark (% Point) 2.9 Oct 2024 monthly Oct 1975 - Oct 2024
Ecuador (% Point) 5.5 Sep 2024 monthly Dec 2015 - Sep 2024
Estonia (% Point) -3.4 Sep 2024 monthly Dec 1996 - Sep 2024
European Union (% Point) 5.7 Oct 2024 monthly Jan 1986 - Oct 2024
Finland (% Point) 5.6 Oct 2024 monthly Oct 1996 - Oct 2024
France (% Point) 4.0 Oct 2024 monthly Jan 1986 - Oct 2024
Georgia (% Point) 0.0 Sep 2024 monthly May 2013 - Sep 2024
Germany (% Point) 6.5 Oct 2024 monthly Jan 1986 - Oct 2024
Ghana (%) 1.6 Aug 2024 monthly Oct 2013 - Aug 2024
Greece (% Point) -5.6 Oct 2024 monthly Jan 1986 - Oct 2024
Hong Kong SAR, China (%) 10.5 Sep 2017 quarterly Mar 2001 - Sep 2017
Hungary (% Point) 6.4 Oct 2024 monthly Jan 1997 - Oct 2024
Iceland (% Point) -24.2 Sep 2024 monthly Mar 2002 - Sep 2024
India (% Point) -0.9 Sep 2024 quarterly Dec 2011 - Sep 2024
Indonesia (% Point) 1.8 Sep 2024 monthly Jan 2011 - Sep 2024
Ireland (% Point) -17.7 Jan 2023 monthly Jan 1986 - Jan 2023
Israel (% Point) -5.4 Sep 2024 monthly Mar 2012 - Sep 2024
Italy (% Point) 4.7 Oct 2024 monthly Jan 1986 - Oct 2024
Japan (% Point) 0.6 Oct 2024 monthly Apr 2005 - Oct 2024
South Korea (% Point) 3.5 Oct 2024 monthly Jul 2009 - Oct 2024
Latvia (% Point) 7.7 Oct 2024 monthly Jan 1994 - Oct 2024
Lithuania (% Point) 8.0 Jun 2023 monthly Jan 2014 - Jun 2023
Luxembourg (% Point) 7.7 Oct 2024 monthly Jan 2003 - Oct 2024
Malaysia (% Point) -12.1 Mar 2024 quarterly Mar 1989 - Mar 2024
Malta (% Point) 10.8 Oct 2024 monthly Nov 2003 - Oct 2024
Mexico (% Point) 0.5 Sep 2024 monthly Apr 2002 - Sep 2024
Morocco (% Point) -7.4 Mar 2023 quarterly Mar 2009 - Mar 2023
Netherlands (% Point) 16.0 Oct 2024 monthly Apr 1987 - Oct 2024
New Zealand (% Point) 10.6 Sep 2024 quarterly Mar 2007 - Sep 2024
Nigeria (% Point) -1.3 Dec 2020 quarterly Jun 2010 - Dec 2020
Norway (% Point) 6.8 Sep 2024 monthly Jan 2013 - Sep 2024
Philippines (% Point) -6.7 Jun 2023 quarterly Sep 2005 - Jun 2023
Poland (% Point) 15.6 Jun 2023 monthly Jan 2005 - Jun 2023
Portugal (% Point) 13.0 Oct 2024 monthly Jun 1987 - Oct 2024
Qatar (% Point) -4.1 Mar 2023 quarterly Sep 2014 - Mar 2023
Romania (% Point) 5.9 Oct 2024 monthly May 2002 - Oct 2024
Russia (% Point) 6.0 Sep 2024 quarterly Dec 1999 - Sep 2024
Slovakia (% Point) -1.4 Oct 2024 monthly Apr 2000 - Oct 2024
Slovenia (% Point) 5.0 Oct 2024 monthly Mar 1997 - Oct 2024
South Africa (% Point) 0.0 Jun 2023 quarterly Jun 1983 - Jun 2023
Spain (% Point) 8.1 Sep 2024 monthly Jun 1987 - Sep 2024
Sweden (% Point) 18.5 Oct 2024 monthly Oct 1996 - Oct 2024
Switzerland (% Point) -2.0 Jul 2018 quarterly Oct 1973 - Jul 2018
Taiwan (% Point) 8.0 Oct 2024 monthly Jan 2002 - Oct 2024
Thailand (% Point) -3.4 Sep 2024 monthly Oct 1999 - Sep 2024
Turkey (% Point) 5.9 Oct 2024 monthly Jan 2013 - Oct 2024
United Kingdom (% Point) -7.2 Dec 2020 monthly Jan 1986 - Dec 2020
United States (%) 9.7 Oct 2024 monthly Feb 1968 - Oct 2024

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Philippines Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -6.2 Jun 2024 quarterly Dec 1985 - Jun 2024
Consolidated Fiscal Balance (USD mn) -4,873.545 Sep 2024 monthly Jan 1985 - Sep 2024
Tax Revenue (USD mn) 4,520.298 Sep 2024 monthly Jan 1985 - Sep 2024
Tax Revenue: % of GDP (%) 15.6 Jun 2024 quarterly Mar 1985 - Jun 2024
National Government Debt (USD mn) 284,357.4 Sep 2024 monthly Jan 1993 - Sep 2024
Government Debt: % of GDP (%) 60.9 Jun 2024 quarterly Mar 1993 - Jun 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) 731,809.300 Sep 2024 monthly Jan 2006 - Sep 2024
Govt Debt: Domestic and Foreign: Outstanding: Long Term (PHP mn) 12,704,367.324 Sep 2024 monthly Jan 2006 - Sep 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 5.556 2028 yearly 1980 - 2028
Trade Balance (USD mn) -4,375.4 Aug 2024 monthly Jan 1957 - Aug 2024
Total Exports (USD mn) 6,748.4 Aug 2024 monthly Jan 1979 - Aug 2024
Total Exports Growth (%) 0.3 Aug 2024 monthly Jan 1980 - Aug 2024
Aluminum: Exports (USD th) 172,934.333 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 61,685.472 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 11,340.083 2022 yearly 1995 - 2022
Total Imports (USD mn) 11,123.8 Aug 2024 monthly Jan 1979 - Aug 2024
Total Imports Growth (%) 2.7 Aug 2024 monthly Jan 1980 - Aug 2024
Imports: Medicament (USD th) 1,570,518.510 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 1,269,332.939 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 1,221.858 Aug 2024 monthly Jan 1978 - Aug 2024
Total Imports from USA (USD mn) 707.332 Aug 2024 monthly Jan 1986 - Aug 2024
Total Exports to China (USD mn) 849.385 Aug 2024 monthly Jan 1984 - Aug 2024
Total Imports from China (USD mn) 2,787.680 Aug 2024 monthly Jan 1986 - Aug 2024
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
Export Value Index (2015=100) 126.842 2021 yearly 1980 - 2021
Import Value Index (2015=100) 166.404 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 243.5 Mar 2024 monthly Jan 2005 - Mar 2024
Current Account Balance (USD mn) -368.4 Mar 2024 monthly Jan 1999 - Mar 2024
Current Account Balance: % of GDP (%) -4.3 Mar 2023 quarterly Mar 1981 - Mar 2023
Foreign Direct Investment (USD mn) 820.5 Jul 2024 monthly Jan 2005 - Jul 2024
Foreign Direct Investment: % of GDP (%) 1.3 Jun 2024 quarterly Mar 2005 - Jun 2024
Foreign Portfolio Investment (USD mn) 2,742.116 Mar 2024 quarterly Mar 2005 - Mar 2024
Foreign Portfolio Investment: % of GDP (%) 2.5 Mar 2024 quarterly Dec 1980 - Mar 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 1,013.6 Mar 2024 quarterly Mar 1996 - Mar 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 1,728.469 Mar 2024 quarterly Mar 1977 - Mar 2024
External Debt (USD mn) 130,182.1 Jun 2024 quarterly Mar 2005 - Jun 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) -55,223.853 Jun 2024 quarterly Dec 2012 - Jun 2024
BoP: FA: OI: Net Acquisition of Financial Assets (USD mn) 109.462 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: Financial Derivatives (FD) (USD mn) -13.733 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Services: Credit: Export (USD mn) 4,308.895 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Credit: Receipts (USD mn) 6.570 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: Net Incurrence of Liabilities (USD mn) 4,419.031 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Primary Income (USD mn) 168.889 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: DI: Net Acquisition of Financial Assets (USD mn) 243.491 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Goods: Credit: Export (USD mn) 4,794.078 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: Financial Account (FA) (USD mn) -2,389.162 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Goods (USD mn) -4,431.392 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: Capital Account (CA) (USD mn) 5.645 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: PI: Net Acquisition of Financial Assets (USD mn) 1,741.932 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Secondary Income (USD mn) 2,510.476 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Goods: Debit: Import (USD mn) 9,225.470 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: FD: Net Incurrence of Liabilities (USD mn) -51.282 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Services: Debit: Import (USD mn) 2,925.244 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: Change in Reserve Assets: Debit (USD mn) 1,190.104 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: Net Acquisition of Financial Assets (USD mn) 2,029.869 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: PI: Net Incurrence of Liabilities (USD mn) 1,861.610 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Export (USD mn) 13,163.050 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Primary Income: Debit: Payments (USD mn) 1,308.419 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Primary Income: Credit: Receipts (USD mn) 1,477.307 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Import (USD mn) 13,531.426 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Secondary Income: Debit: Payments (USD mn) 72.295 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: Direct Investment (DI) (USD mn) -442.262 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: Portfolio Investment (PI) (USD mn) -119.678 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Services (USD mn) 1,383.651 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: FD: Net Acquisition of Financial Assets (USD mn) -65.016 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: Current Account (CA) (USD mn) -368.376 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: DI: Net Incurrence of Liabilities (USD mn) 820.455 Jul 2024 monthly Jan 2005 - Jul 2024
BoP: CA: Debit: Payments (USD mn) 0.925 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: Other Investments (OI) (USD mn) -1,813.489 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: FA: OI: Net Incurrence of Liabilities (USD mn) 1,922.951 Mar 2024 monthly Jan 2005 - Mar 2024
BoP: CA: Secondary Income: Credit: Receipts (USD mn) 2,582.771 Mar 2024 monthly Jan 2005 - Mar 2024
External Debt: By Country Profile: Country: Japan (USD mn) 14,245.785 Jun 2024 quarterly Mar 2005 - Jun 2024
External Debt: Medium and Long Term (USD mn) 112,285.213 Jun 2024 quarterly Mar 2005 - Jun 2024
External Debt: By Country Profile: Country: France (USD mn) 1,201.744 Jun 2024 quarterly Mar 2005 - Jun 2024
External Debt: By Country Profile: Country: UK (USD mn) 4,168.759 Jun 2024 quarterly Mar 2005 - Jun 2024
External Debt: By Country Profile: Country: USA (USD mn) 3,057.389 Jun 2024 quarterly Mar 2005 - Jun 2024
External Debt: By Country Profile: Country: Germany (USD mn) 1,503.182 Jun 2024 quarterly Mar 2005 - Jun 2024
FDI: Approved: Administrative & Support Services (PHP mn) 2,494.846 Mar 2024 quarterly Mar 2010 - Mar 2024
FDI: Approved: Real Estate Activities (PHP mn) 2,205.659 Mar 2024 quarterly Mar 2010 - Mar 2024
FDI: Approved: Information & Communication (PHP mn) 150.278 Mar 2024 quarterly Mar 2010 - Mar 2024
FDI: Approved: Transportation & Storage (PHP mn) 55.215 Mar 2024 quarterly Mar 2010 - Mar 2024
FDI: Approved: Manufacturing (PHP mn) 12,620.963 Mar 2024 quarterly Mar 2010 - Mar 2024
Business Closure (BC): All Industries (Unit) 3,294.000 2017 yearly 1995 - 2017
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.6 Aug 2024 monthly Mar 2008 - Aug 2024
Household Debt: % of GDP (%) 11.0 Jun 2024 quarterly Mar 2009 - Jun 2024
Non-Performing Loans (USD mn) 8,534.681 Jun 2024 quarterly Mar 2008 - Jun 2024
Money Supply M1 (USD mn) 116,877.511 Jul 2024 monthly Dec 1988 - Jul 2024
Money Supply M2 (USD mn) 291,225.599 Jul 2024 monthly Dec 1988 - Jul 2024
M2 Growth (%) 7.8 Jul 2024 monthly Dec 1989 - Jul 2024
Reserve Requirement Ratio (%) 9.5 Oct 2024 monthly May 1986 - Oct 2024
Foreign Exchange Reserves (USD mn) 97,240.9 Sep 2024 monthly Jan 1960 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 8.4 Aug 2024 monthly Jan 1979 - Aug 2024
Gold Reserves (USD mn) 10,859.616 Sep 2024 monthly Dec 1956 - Sep 2024
Total Deposits (USD mn) 331,547.392 Jun 2024 quarterly Mar 2008 - Jun 2024
Total Deposits Growth (%) 9.5 Jun 2024 quarterly Mar 2009 - Jun 2024
Domestic Credit (USD mn) 326,023.2 Jul 2024 monthly Dec 2001 - Jul 2024
Domestic Credit Growth (%) 11.3 Jul 2024 monthly Dec 2002 - Jul 2024
Household Debt (USD mn) 47,678.1 Jun 2024 quarterly Mar 2009 - Jun 2024
Total Loans (USD mn) 237,770.682 Aug 2024 monthly Mar 2008 - Aug 2024
Total Loans Growth (%) 11.11 Aug 2024 monthly Mar 2009 - Aug 2024
Private Debt: % of Nominal GDP (%) 47.99 Jun 2024 quarterly Dec 2001 - Jun 2024
DCS: LA: M4: M3 (PHP mn) 17,488,056.958 Jul 2024 monthly Dec 2001 - Jul 2024
DCS: LA: M4: M3: M2 (PHP mn) 17,078,925.278 Jul 2024 monthly Dec 2001 - Jul 2024
DCS: LA: M4: M3: M2: M1 (PHP mn) 6,854,281.632 Jul 2024 monthly Dec 2001 - Jul 2024
DCS: Domestic Claims (DC) (PHP mn) 19,119,632.662 Jul 2024 monthly Dec 2001 - Jul 2024
ORA: Other Reserve Assets (USD mn) 1,552.07 Jun 2018 monthly Apr 2000 - Jun 2018
Reserve Requirement Ratio: Commercial Banks: Local Currency Deposits (%) 9.500 Oct 2024 monthly May 1986 - Oct 2024
CL: PBS: Real Estate: Residential (PHP bn) 1,038.657 Jun 2024 quarterly Mar 2009 - Jun 2024
Consumer Loans (CL): Philippine Banking System (PBS) (PHP bn) 2,806.717 Jun 2024 quarterly Mar 2009 - Jun 2024
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 61.869 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) 4.1 Sep 2024 quarterly Jun 2002 - Sep 2024
Business Outlook: Index: Industry: Current Quarter (Point) 25.986 Sep 2024 quarterly Jun 2001 - Sep 2024
Business Outlook: Index: Services: Current Quarter (Point) 36.706 Sep 2024 quarterly Jun 2001 - Sep 2024
PH: Ease of Doing Business Rank: 1=Most Business-friendly Regulations (NA) 95.000 2019 yearly 2019 - 2019

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