Households Debt in Singapore increased to 55.40 percent of GDP in the fourth quarter of 2020 from 53.80 percent of GDP in the third quarter of 2020. source: Bank for International Settlements

Households Debt To GDP in Singapore averaged 42.74 percent of GDP from 1991 until 2020, 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. Singapore Households Debt To GDP - values, historical data and charts - was last updated on August of 2021.

Households Debt To GDP in Singapore is expected to be 57.00 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 59.00 in 12 months time. In the long-term, the Singapore Households Debt To GDP is projected to trend around 59.00 percent of GDP in 2022 and 60.00 percent of GDP in 2023, according to our econometric models.

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Singapore Households Debt To GDP

Actual Previous Highest Lowest Dates Unit Frequency
55.40 53.80 59.30 21.80 1991 - 2020 percent of GDP Quarterly

Singapore Consumer Last Previous Highest Lowest Unit
Retail Sales MoM -6.80 -1.40 49.20 -31.60 percent [+]
Retail Sales YoY 79.70 54.00 79.70 -51.60 percent [+]
Consumer Spending 40396.40 39743.00 45093.10 4470.60 SGD Million [+]
Private Sector Credit 645656.60 637447.40 645656.60 56535.00 SGD Million [+]
Bank Lending Rate 5.25 5.25 14.98 5.25 percent [+]
Households Debt To GDP 55.40 53.80 59.30 21.80 percent of GDP [+]
Gasoline Prices 1.82 1.80 1.82 0.61 USD/Liter [+]