Private sector credit, billion currency units in Singapore, May, 2020
For that indicator, we provide data for Singapore from March 2004 to May 2020. The average value for Singapore during that period was 349.75 billion Singapore Dollar with a minimum of 145.07 billion Singapore Dollar in March 2004 and a maximum of 549.36 billion Singapore Dollar in March 2020.
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around the world.
* indicates monthly or quarterly data series
Measure: billion Singapore Dollar
Source: Monetary Authority of Singapore
Definition: Private sector credit refers to the credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to private non-financial firms and households. Included are all credit institutions: domestic and foreign owned as well as private and public ones.