Singapore: Household debt to GDP

* indicates monthly or quarterly data series
The most recent value is 44.3 percent as of December 2024, a decline compared to the previous value of 44.4 percent. Historically, the average for Singapore from March 1999 to December 2024 is 52.95 percent. The minimum of 41.5 percent was recorded in March 1999, while the maximum of 66.9 percent was reached in December 2014. Click on the following link to see the values of: Household debt to GDP around the world.
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* indicates monthly or quarterly data series

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  • Measure: percent
  • Source: The Bank for International Settlements

Recent values Singapore: Household debt to GDP, in percent
2024  Dec 44.3
2024  Sep 44.4
2024  Jun 44.6
2024  Mar 45.3
2023  Dec 46.1
2023  Sep 45.8
2023  Jun 45.1
2023  Mar 44.2


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Definition: The total outstanding debt of households to banks and other financial institutions as percent of GDP.

 Related indicators Latest Reference Measure
 Inflation 2.4 2024 percent
 Exchange rate regimes 5 2022 index points
 USD exchange rate 1.2834 6/2025 Local Currency Units per USD
 Money supply (broad money) 840.64 3/2025 billion
 Consumer Price Index (CPI) 101.0000 5/2025 index points
 Inflation, monthly 0.70 5/2025 percent
 Inflation, annual 1.38 5/2025 percent
 Private sector credit 682.00 3/2025 billion
 Business credit 355.05 3/2025 billion
 Household credit 326.95 3/2025 billion
 Mortgage credit 233.62 3/2025 billion
 Consumer credit 93.33 3/2025 billion
 Deposit interest rate 2.05 3/2025 percent
 Household debt to GDP 44.30 12/2024 percent
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