Credit to the private sector — all countries

Credit to the private sector — Singapore

Credit to the private sector in Singapore in 2020 — 128.43%. Ranked 17 in the world out of 167. Since 1963, the indicator has risen by 94.76 pp.

2020 128.43% +9.18 pp vs 2019
World rank 17of 167
Period maximum 128.43%2020
Period minimum 33.68%1963

Trend over time

1963–2020 · % of GDP

Credit to the private sector — Singapore, 1963–2020050100150196319691975198119871993199920052011201720201963: 33.68%1964: 37.92%1965: 37.27%1966: 37.48%1967: 35.78%1968: 38.29%1969: 41.8%1970: 45.31%1971: 44.88%1972: 50.25%1973: 59.08%1974: 53.31%1975: 56.01%1976: 57.34%1977: 58.17%1978: 60.19%1979: 64.59%1980: 68.91%1981: 75.34%1982: 80.12%1983: 85.61%1984: 85.33%1985: 87.61%1986: 84.35%1987: 80.58%1988: 76.35%1989: 79.54%1990: 79.16%1991: 79.87%1992: 81.09%1993: 80.97%1994: 81.19%1995: 88.29%1996: 93.74%1997: 96.47%1998: 107.93%1999: 102.71%2000: 96.05%2001: 115.02%2002: 102.02%2003: 104.78%2004: 95.73%2005: 89.22%2006: 84.29%2007: 85.35%2008: 97.86%2009: 96.86%2010: 94.86%2011: 104.7%2012: 112.97%2013: 124.07%2014: 128.13%2015: 122.42%2016: 123.05%2017: 120.44%2018: 117.44%2019: 119.26%2020: 128.43%
Change over the period: +94.76 pp Annual average: 1.66 pp

Comparison, 2020

How the value compares with the world and the groups this territory belongs to: Singapore

Singapore 128.43%
World 144.75%
South-Eastern Asia computed 89.69%
Credit to the private sector — Singapore, by year Singapore All countries CSV XLSX
Year % Change, pp
2020 128.43 +9.18 pp
2019 119.26 +1.82 pp
2018 117.44 −3 pp
2017 120.44 −2.61 pp
2016 123.05 +0.63 pp
2015 122.42 −5.71 pp
2014 128.13 +4.06 pp
2013 124.07 +11.09 pp
2012 112.97 +8.27 pp
2011 104.7 +9.85 pp
2010 94.86 −2 pp
2009 96.86 −1 pp
2008 97.86 +12.51 pp
2007 85.35 +1.06 pp
2006 84.29 −4.94 pp
2005 89.22 −6.51 pp
2004 95.73 −9.05 pp
2003 104.78 +2.76 pp
2002 102.02 −13 pp
2001 115.02 +18.97 pp
2000 96.05 −6.65 pp
1999 102.71 −5.22 pp
1998 107.93 +11.46 pp
1997 96.47 +2.73 pp
1996 93.74 +5.45 pp
1995 88.29 +7.1 pp
1994 81.19 +0.22 pp
1993 80.97 −0.11 pp
1992 81.09 +1.21 pp
1991 79.87 +0.71 pp
1990 79.16 −0.38 pp
1989 79.54 +3.19 pp
1988 76.35 −4.22 pp
1987 80.58 −3.77 pp
1986 84.35 −3.26 pp
1985 87.61 +2.28 pp
1984 85.33 −0.28 pp
1983 85.61 +5.49 pp
1982 80.12 +4.78 pp
1981 75.34 +6.44 pp
1980 68.91 +4.32 pp
1979 64.59 +4.4 pp
1978 60.19 +2.02 pp
1977 58.17 +0.83 pp
1976 57.34 +1.33 pp
1975 56.01 +2.69 pp
1974 53.31 −5.77 pp
1973 59.08 +8.83 pp
1972 50.25 +5.37 pp
1971 44.88 −0.43 pp
1970 45.31 +3.51 pp
1969 41.8 +3.51 pp
1968 38.29 +2.51 pp
1967 35.78 −1.7 pp
1966 37.48 +0.21 pp
1965 37.27 −0.65 pp
1964 37.92 +4.24 pp
1963 33.68

About the indicator

Domestic credit to the private sector by financial institutions as a percent of GDP: loans, purchases of non-equity securities, trade credit and other accounts receivable. An indicator of financial development, but of potential risk as well: growth that is too fast relative to GDP is one of the most reliable precursors of banking crises.

Source: World Economic Outlook (IMF), license IMF open data.