Singapore: Bank assets to GDP

* indicates monthly or quarterly data series

Bank assets, percent of GDP

 Latest value 168.98
 Year 2020
 Measure percent
 Data availability 1963 - 2020
 Average 98.43
 Min - Max 36.38 - 168.98
 Source The International Monetary Fund
For that indicator, we provide data for Singapore from 1963 to 2020. The average value for Singapore during that period was 98.43 percent with a minimum of 36.38 percent in 1963 and a maximum of 168.98 percent in 2020. The latest value from 2020 is 168.98 percent. For comparison, the world average in 2020 based on 157 countries is 73.52 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Singapore - Bank assets to GDP - Recent values chart

Historical chart
Singapore - Bank assets to GDP - historical chart - 1963-2020

Definition: Total assets held by deposit money banks as a share of GDP. Assets include claims on domestic real nonfinancial sector which includes central, state and local governments, nonfinancial public enterprises and private sector. Deposit money banks comprise commercial banks and other financial institutions that accept transferable deposits, such as demand deposits.

 Related indicators Latest value Reference Measure
 ATMs per 100,000 adults 54.33 2021 ATMs per 100,000 adults
 Bank accounts per 1000 adults 2,404.87 2020 bank accounts
 Bank branches per 100,000 people 7.02 2020 bank branches
 Percent people with credit cards 41.74 2021 percent
 Percent people with debit cards 93.50 2021 percent
 Domestic credit to the private sector 130.64 2020 percent
 Bank credit to the private sector 129.48 2020 percent
 Liquid liabilities, percent of GDP 152.63 2020 percent
 Bank assets to GDP 168.98 2020 percent
 Financial system deposits, percent of GDP 144.20 2020 percent
 Bank credit to government 36.52 2020 percent
 Banking system concentration 80.81 2021 percent
 Foreign bank assets 6.00 2010 percent of total bank assets
 Percent people with bank accounts 97.19 2021 percent
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