Singapore: Household debt to GDP
* indicates monthly or quarterly data series
The most recent value is 45.6 percent as of March 2024, a decline compared to the previous value of 46.5 percent. Historically, the average for Singapore from March 2000 to March 2024 is 53.73 percent. The minimum of 41.7 percent was recorded in December 2000, 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
- Measure: percent
- Source: The Bank for International Settlements
| Recent values | Singapore: Household debt to GDP, in percent |
|---|---|
| 2024 Mar | 45.6 |
| 2023 Dec | 46.5 |
| 2023 Sep | 46.4 |
| 2023 Jun | 46 |
| 2023 Mar | 45.3 |
| 2022 Dec | 45.5 |
| 2022 Sep | 47.1 |
| 2022 Jun | 48.8 |
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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 | 4.8 | 2023 | percent |
| Exchange rate regimes | 5 | 2022 | index points |
| USD exchange rate | 1.3363 | 11/2024 | Local Currency Units per USD |
| Money supply (broad money) | 805.65 | 9/2024 | billion |
| Consumer Price Index (CPI) | 116.8000 | 10/2024 | index points |
| Inflation, monthly | -0.26 | 10/2024 | percent |
| Inflation, annual | 1.48 | 10/2024 | percent |
| Private sector credit | 652.90 | 9/2024 | billion |
| Business credit | 333.66 | 9/2024 | billion |
| Household credit | 319.25 | 9/2024 | billion |
| Mortgage credit | 229.35 | 9/2024 | billion |
| Consumer credit | 89.89 | 9/2024 | billion |
| Deposit interest rate | 2.15 | 9/2024 | percent |
| Household debt to GDP | 45.60 | 3/2024 | percent |