An error occured. Details Hide
You have unsaved pages. Restore Cancel

Singapore - Domestic credit to private sector in % of GDP

121.9 (%) in 2018

In 2018, domestic credit to private sector for Singapore was 121.9 %. Domestic credit to private sector of Singapore increased from 41.8 % in 1969 to 121.9 % in 2018 growing at an average annual rate of 2.43 %.

The description is composed by our digital data assistant.

What is domestic credit to private sector?

Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of non-equity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies.

What is Singapore domestic credit to private sector?

Date Value Change, %
2018 121.9 -0.67 %
2017 122.7 -1.11 %
2016 124.1 1.37 %
2015 122.4 -4.46 %
2014 128.1 3.28 %
2013 124.1 9.82 %
2012 113.0 7.90 %
2011 104.7 10.38 %
2010 94.9 -2.07 %
2009 96.9 -1.02 %
2008 97.9 14.66 %
2007 85.4