Singapore: Private sector credit
* indicates monthly or quarterly data series
The most recent value is 720.83 billion Singapore Dollar as of December 2025, an increase compared to the previous value of 705.93 billion Singapore Dollar. Historically, the average for Singapore from March 2004 to December 2025 is 425.34 billion Singapore Dollar. The minimum of 145.07 billion Singapore Dollar was recorded in March 2004, while the maximum of 720.83 billion Singapore Dollar was reached in December 2025.
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* indicates monthly or quarterly data series
- Measure: billion Singapore Dollar
- Source: Monetary Authority of Singapore
| Recent values | Singapore: Private sector credit, billion currency units |
|---|---|
| 2025 Dec | 720.83 |
| 2025 Nov | 705.93 |
| 2025 Oct | 701.25 |
| 2025 Sep | 701.23 |
| 2025 Aug | 690.09 |
| 2025 Jul | 692.93 |
| 2025 Jun | 688.37 |
| 2025 May | 681.25 |
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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.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 2.4 | 2024 | percent |
| Exchange rate regimes | 5 | 2023 | index points |
| USD exchange rate | 1.2889 | 6/2026 | Local Currency Units per USD |
| Money supply (broad money) | 879.80 | 12/2025 | billion |
| Consumer Price Index (CPI) | 136.3594 | 3/2026 | index points |
| Inflation, monthly | 0.48 | 3/2026 | percent |
| Inflation, annual | 1.80 | 3/2026 | percent |
| Private sector credit | 720.83 | 12/2025 | billion |
| Business credit | 373.39 | 12/2025 | billion |
| Household credit | 347.44 | 12/2025 | billion |
| Mortgage credit | 244.06 | 12/2025 | billion |
| Consumer credit | 103.39 | 12/2025 | billion |
| Deposit interest rate | 1.32 | 12/2025 | percent |
| Household debt to GDP | 44.00 | 12/2025 | percent |
| Bank deposits, total | 2,104.15 | 4/2026 | local currency units |
| Bank deposits, local currency | 969.46 | 4/2026 | local currency units |
| Bank deposits, foreign currency | 1,134.69 | 4/2026 | local currency units |