Singapore: credit to private sector as share of GDP 2020

In 2020, the domestic credit to the private sector as a share of GDP in Singapore increased by 11 percentage points since 2019. Therefore, the share in Singapore reached a peak in 2020 with 130.64 percent.

Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations that establish a claim for repayment. Examples include financial resources provided through loans, purchases of nonequity securities, trade credits, and other accounts receivable.
Find more statistics on other topics about Singapore with key insights such as real interest rate, broad money as a percentage of GDP, and deposit interest rate.

Domestic credit to private sector as share of GDP in Singapore from 2006 to 2020

Characteristic	Share of GDP
2020	130.64%
2019	119.68%
2018	117.75%
2017	121.01%
2016	123.8%
2015	122.42%
2014	128.13%
2013	124.07%
2012	112.97%
2011	104.7%
2010	94.86%
2009	96.86%
2008	97.86%
2007	85.35%
2006	84.29%

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Release date

March 2023

More information

Region

Singapore

Survey time period

2006 to 2020

Supplementary notes

Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment.

The source does not provide an exact publication date. Date given here is the day of the last update.

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