Singapore Household Debt: % of GDP

Singapore household debt accounted for 67.1 % of the country's Nominal GDP in Sep 2020, compared with the ratio of 65.0 % in the previous quarter. Singapore household debt to GDP ratio is updated quarterly, available from Mar 1995 to Sep 2020. The data reached an all-time high of 92.7 % in Sep 2003 and a record low of 55.3 % in Mar 1995. CEIC calculates quarterly Household Debt as % of Nominal GDP from quarterly Household Debt and quarterly Nominal GDP. The Department of Statistics provides Household Debt in local currency. The Ministry of Trade and Industry provides Nominal GDP in local currency. Loans are used due to the lack of Flow of Funds statistics. Household Debt covers household debt from all lenders.

In the latest reports, Singapore Household Debt reached 239.0 USD bn in Sep 2020. Money Supply M2 in Singapore increased 10.9 % YoY in Sep 2020. Singapore Foreign Exchange Reserves was measured at 335.2 USD bn in Oct 2020. The Foreign Exchange Reserves equaled 11.9 Months of Import in Oct 2020. Singapore Domestic Credit reached 505.8 USD bn in Sep 2020, representing an increased of 4.9 % YoY. The country's Non Performing Loans Ratio stood at 1.3 % in Dec 2019, compared with the ratio of 1.4 % in the previous quarter.

View Singapore's Household Debt: % of GDP from Mar 1995 to Sep 2020 in the chart:

max 1y 5y 10y bar line area spline areaspline column Apply Buy for $49 Added to Basket

There is no data available for your selected dates.

max 1y 5y 10y bar line area spline areaspline column Apply Buy for $49 Added to Basket

There is no data available for your selected dates.

What was Singapore's Household Debt: % of GDP in Sep 2020?

Household Debt: % of GDP by Country Comparison

Buy Selected Data

Singapore Key Series

Buy Selected Data