Bank loans in Singapore went up to SGD 672.3 billion in February 2019 from SGD 671.2 billion in the previous month, as lending to businesses rose to SGD 407.4 billion (vs SGD 405.7 billion in January) while consumer loans edged down to SGD 265 billion (vs SGD 265.5 billion). Within businesses, loans went up for: financial institutions (SGD 100.1 billion vs SGD 98.7 billion); general commerce (SGD 63.2 billion vs SGD 63.0 billion); and manufacturing (SGD 26.9 billion vs SGD 26.5 billion). On the other hand, loans declined for: construction (SGD 136.4 billion vs SGD 136.8 billion); transport, storage & communication (SGD 25.9 billion vs SGD 26.3 billion); business services (SGD 9.5 billion vs SGD 9.6 billion). Meantime, loans for agriculture, mining and quarrying were unchanged at SGD 3.0 billion. Loans to Private Sector in Singapore averaged 206570.41 SGD Million from 1980 until 2018, reaching an all time high of 673253.80 SGD Million in June of 2018 and a record low of 16439.80 SGD Million in January of 1980.

Loans to Private Sector in Singapore is expected to be 692000.00 SGD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Loans to Private Sector in Singapore to stand at 710000.00 in 12 months time. In the long-term, the Singapore Loans to Private Sector is projected to trend around 715000.00 SGD Million in 2020, according to our econometric models.

Singapore Loans to Private Sector
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-31 02:00 AM Bank Lending $671.9B $671.7B
2019-01-31 02:00 AM Bank Lending $671.7B $671.9B $ 669B
2019-02-28 02:00 AM Bank Lending $671.2B $671.7B
2019-03-29 02:00 AM Bank Lending $672.3B $671.2B
2019-04-30 02:00 AM Bank Lending $672.3B $ 692B
2019-05-28 02:00 AM Bank Lending
2019-06-29 02:00 AM Bank Lending


Singapore Money Last Previous Highest Lowest Unit
Interest Rate 2.24 1.66 20.00 -0.75 percent [+]
Money Supply M0 46528.90 46904.80 46904.80 1133.10 SGD Million [+]
Money Supply M1 185271.70 185280.20 190601.90 1202.00 SGD Million [+]
Interbank Rate 1.95 1.94 9.84 0.34 percent [+]
Money Supply M2 607818.80 606527.60 607818.80 6182.30 SGD Million [+]
Money Supply M3 620492.50 619119.90 620492.50 6878.30 SGD Million [+]
Foreign Exchange Reserves 400216.20 395219.90 401964.50 4174.40 SGD Million [+]
Banks Balance Sheet 1294264.10 1296027.00 1296027.00 1509.90 SGD Million [+]
Loans to Private Sector 672333.90 671211.20 673253.80 16439.80 SGD Million [+]
Deposit Interest Rate 0.14 0.19 10.71 0.14 percent [+]
Central Bank Balance Sheet 412386.70 407292.30 413858.90 271915.00 SGD Million [+]


Singapore Loans to Private Sector

In Singapore, bank lending measures the change in the total value of outstanding bank loans and advances issued to consumers and businesses. This page provides the latest reported value for - Singapore Loans to Private Sector - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Singapore Loans to Private Sector - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
672333.90 671211.20 673253.80 16439.80 1980 - 2019 SGD Million Monthly
Current Prices, NSA




Country Last Previous
Australia 959.58 Feb/19
Brazil 635813.00 Feb/19
Canada 431113.00 Feb/19
China 28600.00 Mar/19
Euro Area 11177863.00 Feb/19
France 2492139.00 Feb/19
Germany 1476.91 Sep/18
Indonesia 4586518.00 Feb/19
Italy 676955.00 Feb/19
Japan 465929.70 Mar/19
Mexico 2632091937.00 Feb/19
Netherlands 311147.00 Feb/19
Russia 27847666.00 Jan/19
Saudi Arabia 1441792.85 Feb/19
Singapore 672333.90 Feb/19
South Africa 3687826.00 Feb/19
South Korea 8372062.00 Mar/19
Spain 442320.00 Feb/19
Switzerland 1462029.00 Jan/19
Turkey 1168557625.00 Feb/19
United Kingdom 2439096.00 Sep/18
United States 2347.18 Mar/19


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