Bank loans in Singapore inched higher to an all-time high of SGD 676.3 billion in April 2019 from SGD 676.1 billion in the previous month, as lending to businesses rose to SGD 411.7 billion (vs SGD 411.5 billion in March) while consumer loans edged down to SGD 264.6 billion (vs SGD 264.7 billion). Within businesses, loans went up for: construction (SGD 138.9 billion vs SGD 136.6 billion); business services (SGD 9.6 billion vs SGD 9.2 billion). On the other hand, loans declined for: transport, storage & communication (SGD 25.3 billion vs SGD 25.5 billion); financial institutions (SGD 97.7 billion vs SGD 98.4 billion); general commerce (SGD 65.9 billion vs SGD 67.6 billion); manufacturing (SGD 26.8 billion vs SGD 27.3 billion), and agriculture, mining and quarrying (SGD 2.7 billion vs SGD 2.9 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
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 $676.1B $672.3B $678B
2019-05-31 02:00 AM Bank Lending $676.3B $676.1B
2019-06-28 02:00 AM Bank Lending $676.3B
2019-07-31 02:00 AM Bank Lending $ 699B
2019-08-31 02:00 AM Bank Lending


Singapore Money Last Previous Highest Lowest Unit
Interest Rate 1.88 2.08 20.00 -0.75 percent [+]
Money Supply M0 46621.50 43744.70 46904.80 1133.10 SGD Million [+]
Money Supply M1 189178.50 184656.00 190601.90 1202.00 SGD Million [+]
Interbank Rate 2.00 2.00 9.84 0.34 percent [+]
Money Supply M2 622157.40 614081.50 622157.40 6182.30 SGD Million [+]
Money Supply M3 635111.90 626820.70 635111.90 6878.30 SGD Million [+]
Foreign Exchange Reserves 365355.80 404019.30 404019.30 4174.40 SGD Million [+]
Banks Balance Sheet 1308747.90 1294406.20 1308747.90 1509.90 SGD Million [+]
Loans to Private Sector 676262.00 676100.00 676262.00 16439.80 SGD Million [+]
Deposit Interest Rate 0.20 0.20 12.80 0.13 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
676262.00 676100.00 676262.00 16439.80 1980 - 2019 SGD Million Monthly
Current Prices, NSA




Country Last Previous
Australia 962.11 Apr/19
Brazil 623927.00 Apr/19
Canada 447987.00 Apr/19
China 14000.00 May/19
Euro Area 11233883.00 Apr/19
France 2535799.00 Apr/19
Germany 1513.41 Mar/19
Indonesia 4652218.00 Mar/19
Italy 668468.00 Apr/19
Japan 467616.70 May/19
Mexico 2700538928.00 Apr/19
Netherlands 308579.00 Apr/19
Russia 28298414.00 Mar/19
Saudi Arabia 1457126.00 Apr/19
Singapore 676262.00 Apr/19
South Africa 3773907.00 Apr/19
South Korea 8497822.00 May/19
Spain 442604.00 Apr/19
Switzerland 1470339.00 Mar/19
Turkey 1310650898.00 Apr/19
United Kingdom 2439096.00 Sep/18
United States 2346.96 May/19


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