Philippines Payment Study 2026

The Philippines Payment Study 2026 provides an in-depth analysis of payment behavior across businesses in the Philippines, drawing on aggregated trade payment data from the CRIF Business Information network. The study examines how companies settle their financial obligations — and where delays concentrate — across different company sizes, industries, regions, and transaction values.

The findings offer credit managers, finance professionals, and business owners a data-driven foundation for understanding payment risk in the Philippine market and making more informed decisions about credit terms, customer monitoring, and collections strategy.

CRIF Business Information Database

The study is based on 167,370 payment experiences from 27,392 unique business entities across the Philippines.

Payment behavior is analyzed across four company sizes — micro, small, medium, and large enterprises — to surface how financial obligations are managed at each level.

Data covers all 17 administrative regions of the Philippines, with additional breakdowns by 8 major industry groups, company age, and transaction value band.

Key Insights

On-time payments are down across the board. Short-term delays more than doubled, though serious delinquencies continued to improve.

Large enterprises are the slowest payers. Only 40% paid on time — the lowest of any company size — while small enterprises led at 77.9%.

Manufacturing and Agriculture are under the most strain. Both sectors saw on-time payments fall below 55%, with manufacturing recording the highest rate of short-term delays.

Where you sell matters as much as who you sell to. NCR recorded the lowest on-time rate of all 17 regions, while invoices under ₱25,000 were five times less likely to be paid on time than those above ₱10 million.