Singapore: Private sector credit

* indicates monthly or quarterly data series
 Singapore

Private sector credit, billion currency units

 Latest value 650.9
 Reference March 2024
 Measure billion Singapore Dollar
 Data availability March 2004 - March 2024
 Average 403.6
 Min - Max 145.07 - 693.09
 Source Monetary Authority of Singapore
For that indicator, we provide data for Singapore from March 2004 to March 2024. The average value for Singapore during that period was 403.6 billion Singapore Dollar with a minimum of 145.07 billion Singapore Dollar in March 2004 and a maximum of 693.09 billion Singapore Dollar in April 2022. Click on the following link to see the values of Private sector credit, billion currency units around the world.
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* indicates monthly or quarterly data series


Recent values chart
Singapore - Private sector credit - recent values

Historical chart
Singapore - Private sector credit - historical chart - 2004-2024
Measure: billion Singapore Dollar
Source: Monetary Authority of Singapore


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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 value Reference Measure
 Inflation 6.1 2022 percent
 Exchange rate regimes 6 2021 index points
 USD exchange rate 1.3637 9/2023 Local Currency Units per USD
 Money supply (broad money) 782.26 9/2023 billion
 Consumer Price Index (CPI) 114.9000 9/2023 index points
 Inflation, monthly 0.52 9/2023 percent
 Inflation, annual 4.17 9/2023 percent
 Private sector credit 641.83 9/2023 billion
 Business credit 331.46 9/2023 billion
 Household credit 310.37 9/2023 billion
 Mortgage credit 223.72 9/2023 billion
 Consumer credit 86.65 9/2023 billion
 Deposit interest rate 2.30 9/2023 percent
 Household debt to GDP 46.40 9/2023 percent
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