Singapore: Bank assets to GDP
* indicates monthly or quarterly data series
| Singapore |
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 |
The latest value from 2020 is 168.98 percent, an increase from 151.18 percent in 2019. In comparison, the world average is 73.52 percent, based on data from 157 countries. Historically, the average for Singapore from 1963 to 2020 is 98.43 percent. The minimum value, 36.38 percent, was reached in 1963 while the maximum of 168.98 percent was recorded in 2020.
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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.
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| Related indicators | Latest | 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 | 129.07 | 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 |