Households Debt in Singapore decreased to 53.30 percent of GDP in the second quarter of 2019 from 53.60 percent of GDP in the first quarter of 2019.

Households Debt To GDP in Singapore averaged 42.22 percent of GDP from 1991 until 2019, reaching an all time high of 59.30 percent of GDP in the fourth quarter of 2014 and a record low of 21.80 percent of GDP in the first quarter of 1991. This page provides - Singapore Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Bank for International Settlements

Households Debt To GDP in Singapore is expected to be 54.60 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Households Debt To GDP in Singapore to stand at 58.00 in 12 months time. In the long-term, the Singapore Households Debt To GDP is projected to trend around 60.00 percent of GDP in 2020, according to our econometric models.

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Singapore Households Debt To GDP

Actual Previous Highest Lowest Dates Unit Frequency
53.30 53.60 59.30 21.80 1991 - 2019 percent of GDP Quarterly
Singapore Consumer Last Previous Highest Lowest Unit
Retail Sales MoM 0.20 -2.40 32.60 -31.20 percent [+]
Retail Sales YoY -4.00 -4.40 50.90 -28.40 percent [+]
Consumer Spending 45261.80 44258.10 45261.80 4470.60 SGD Million [+]
Private Sector Credit 616107.80 614142.60 616107.80 56535.00 SGD Million [+]
Bank Lending Rate 5.25 5.25 14.98 5.25 percent [+]
Households Debt To GDP 53.30 53.60 59.30 21.80 percent of GDP [+]
Gasoline Prices 1.72 1.67 1.80 0.61 USD/Liter [+]