Singapore Prime Lending Rate

Bank Lending Rate in Singapore remained unchanged at 5.25 percent in May from 5.25 percent in April of 2019. Bank Lending Rate in Singapore averaged 6.57 percent from 1978 until 2019, reaching an all time high of 14.98 percent in October of 1981 and a record low of 5.25 percent in March of 2019.

Bank Lending Rate in Singapore is expected to be 5.21 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Bank Lending Rate in Singapore to stand at 5.01 in 12 months time. In the long-term, the Singapore Prime Lending Rate is projected to trend around 5.01 percent in 2020, according to our econometric models.

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Singapore Consumer	Last	Previous	Highest	Lowest	Unit
Retail Sales MoM	0.50	1.10	32.60	-31.20	percent	[+]
Retail Sales YoY	-1.80	-0.90	50.90	-28.40	percent	[+]
Consumer Spending	43858.50	43647.60	43858.50	4470.60	SGD Million	[+]
Private Sector Credit	605674.10	605775.60	605775.60	56535.00	SGD Million	[+]
Bank Lending Rate	5.25	5.25	14.98	5.25	percent	[+]
Households Debt To GDP	54.70	54.90	59.60	21.80	percent of GDP	[+]
Gasoline Prices	1.65	1.67	1.80	0.61	USD/Liter	[+]

In Singapore, the prime lending rate is the average rate of interest charged on loans by 10 Singaporean leading banks and finance companies to private individuals and companies. This page provides - Singapore Prime Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore Prime Lending Rate - actual data, historical chart and calendar of releases - was last updated on June of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	5.25	5.25	14.98	5.25	1978 - 2019	percent	Monthly

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Country	Last		Previous	Range
Brazil	53.57	Apr/19	53.74	254 : 39.12	%
South Africa	10.25	May/19	10.25	25.5 : 5.5	%
India	9.40	May/19	9.4	20 : 8	%
Russia	9.23	Mar/19	9.25	449 : 7.9	%
Australia	8.66	May/19	8.66	20.5 : 8.1	%
United States	5.50	May/19	5.5	20.5 : 2	%
Singapore	5.25	May/19	5.25	14.98 : 5.25	%
China	4.35	May/19	4.35	12.06 : 4.35	%
Canada	3.95	Jun/19	3.95	22.75 : 2.25	%
South Korea	3.65	Apr/19	3.66	17.01 : 3.23	%
Germany	2.10	Apr/19	2.05	6.55 : 2.01	%
Euro Area	2.01	Apr/19	1.99	6.52 : 1.97	%
Italy	1.98	Apr/19	1.97	6.48 : 1.89	%
United Kingdom	1.75	May/19	1.75	18 : 1.25	%
France	1.73	Apr/19	1.7	6.29 : 1.67	%
Spain	1.05	Apr/19	1.39	6.29 : 0.94	%
Japan	1.00	Apr/19	1	9.9 : 0.9	%
Netherlands	0.84	Apr/19	0.86	6.26 : 0.83	%