Private Sector Credit in Singapore increased to 616107.80 SGD Million in November from 614142.60 SGD Million in October of 2019. Private Sector Credit in Singapore averaged 264163.28 SGD Million from 1991 until 2019, reaching an all time high of 616107.80 SGD Million in November of 2019 and a record low of 56535 SGD Million in January of 1991. source: Monetary Authority, Singapore

Private Sector Credit in Singapore is expected to be 612000.00 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 634000.00 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.

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Singapore Private Sector Credit

Actual Previous Highest Lowest Dates Unit Frequency
616107.80 614142.60 616107.80 56535.00 1991 - 2019 SGD Million Monthly

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 [+]