Private Sector Credit in Singapore increased to 617236.10 SGD Million in August from 615949.90 SGD Million in July of 2020.

Private Sector Credit in Singapore averaged 273067.08 SGD Million from 1991 until 2020, reaching an all time high of 618733 SGD Million in February of 2020 and a record low of 56535 SGD Million in January of 1991. This page provides - Singapore Private Sector Credit- actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore Private Sector Credit - values, historical data and charts - was last updated on October of 2020. source: Monetary Authority, Singapore

Private Sector Credit in Singapore is expected to be 625696.00 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 632177.00 in 12 months time. In the long-term, the Singapore Private Sector Credit is projected to trend around 636931.00 SGD Million in 2021 and 648166.00 SGD Million in 2022, according to our econometric models.

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Singapore Private Sector Credit

Actual Previous Highest Lowest Dates Unit Frequency
617236.10 615949.90 618733.00 56535.00 1991 - 2020 SGD Million Monthly

Singapore Consumer Last Previous Highest Lowest Unit
Retail Sales MoM 1.40 27.20 50.70 -31.30 percent [+]
Retail Sales YoY -5.70 -8.50 50.70 -52.00 percent [+]
Consumer Spending 32250.50 43715.20 45597.80 4470.60 SGD Million [+]
Private Sector Credit 617236.10 615949.90 618733.00 56535.00 SGD Million [+]
Bank Lending Rate 5.25 5.25 14.98 5.25 percent [+]
Households Debt To GDP 51.10 51.80 59.30 21.80 percent of GDP [+]
Gasoline Prices 1.42 1.43 1.80 0.61 USD/Liter [+]