Private Sector Credit in Singapore decreased to 598743.60 SGD Million in December from 601246.80 SGD Million in November of 2018. Private Sector Credit in Singapore averaged 252899.28 SGD Million from 1991 until 2018, reaching an all time high of 601246.80 SGD Million in November of 2018 and a record low of 56535 SGD Million in January of 1991.
Private Sector Credit in Singapore is expected to be 601000.00 SGD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Private Sector Credit in Singapore to stand at 612000.00 in 12 months time. In the long-term, the Singapore Private Sector Credit is projected to trend around 634000.00 SGD Million in 2020, according to our econometric models.