Singapore vs Thailand: Bank credit to bank deposits

Singapore
94.0%
in 2020
Thailand
93.5%
in 2021
Singapore rank
48th
Thailand rank
50th

Bank credit to bank deposits over time

  • Singapore
  • Thailand
050100150200196019902021

How they compare

Singapore currently reports 94.0% against 93.5% in Thailand, a difference of 0.5%.

The two have swapped places 6 times across 58 shared years of data; in 1963 it was Singapore ahead.

Singapore ranks 48th and Thailand ranks 50th of 186 countries.

Across the 7 decades both report, Singapore averaged higher in 5 and Thailand in 2.

Head to head by decade

Decade Singapore Thailand Difference Ahead
1960s 84.8% 81.0% 3.8% Singapore
1970s 115.2% 96.0% 19.1% Singapore
1980s 135.8% 107.2% 28.6% Singapore
1990s 108.8% 149.5% 40.7% Thailand
2000s 92.3% 97.0% 4.7% Thailand
2010s 100.1% 99.3% 0.8% Singapore
2020s 94.0% 93.1% 0.9% Singapore

Averages of every year both report within each decade.

Frequently asked questions

Which has higher bank credit to bank deposits, Singapore or Thailand?
Singapore, at 94.0% against 93.5% in Thailand as of 2020.
What is the difference in bank credit to bank deposits between Singapore and Thailand?
0.5%, with Singapore ahead.
How many years of comparable data are there for Singapore and Thailand?
58 years are reported by both, from 1963 to 2020.
How do Singapore and Thailand rank globally for bank credit to bank deposits?
Singapore ranks 48th and Thailand ranks 50th of 186 countries.
Where does this data come from?
International Financial Statistics (IFS), International Monetary Fund (IMF), published as Bank credit to bank deposits (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Singapore vs Thailand: Bank credit to bank deposits. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 15 September 2026, from https://financial-sector.statizoid.com/compare/bank-credit-to-bank-deposits-percent/singapore/thailand/

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About this data

Indicator
Bank credit to bank deposits (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
186 places, 8,567 data points, 1960–2021
Last refreshed

Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).