OECD members vs Singapore: Domestic credit to private sector
Domestic credit to private sector over time
- OECD members
- Singapore
How they compare
OECD members currently reports 147.2% against 128.4% in Singapore, a difference of 18.8%.
That makes OECD members's figure about 1.1 times Singapore's.
Across all 39 years both countries report, OECD members has been ahead every year.
OECD members ranks 8th and Singapore ranks 11th of 47 groups.
OECD members has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | OECD members | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 81.9% | 46.8% | 35.1% | OECD members |
| 1980s | 106.3% | 82.4% | 23.9% | OECD members |
| 1990s | 140.5% | 93.0% | 47.4% | OECD members |
| 2000s | 140.8% | 96.7% | 44.0% | OECD members |
| 2010s | 138.9% | 116.7% | 22.1% | OECD members |
| 2020s | 160.6% | 128.4% | 32.1% | OECD members |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, OECD members or Singapore?
- OECD members, at 147.2% against 128.4% in Singapore as of 2024.
- What is the difference in domestic credit to private sector between OECD members and Singapore?
- 18.8%, with OECD members ahead.
- How many years of comparable data are there for OECD members and Singapore?
- 39 years are reported by both, from 1970 to 2020.
- How do OECD members and Singapore rank globally for domestic credit to private sector?
- OECD members ranks 8th and Singapore ranks 11th of 47 groups.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Domestic credit to private sector (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.