Europe & Central Asia vs Singapore: Monetary Sector credit to private sector
Monetary Sector credit to private sector over time
- Europe & Central Asia
- Singapore
How they compare
Singapore currently reports 128.4% against 78.1% in Europe & Central Asia, a difference of 50.3%.
That makes Singapore's figure about 1.6 times Europe & Central Asia's.
The two have swapped places 2 times across 20 shared years of data; in 2001 it was Singapore ahead.
Europe & Central Asia ranks 11th and Singapore ranks 8th of 47 groups.
Across the 3 decades both report, Europe & Central Asia averaged higher in 1 and Singapore in 2.
Head to head by decade
| Decade | Europe & Central Asia | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 97.0% | 96.8% | 0.3% | Europe & Central Asia |
| 2010s | 94.1% | 116.7% | 22.6% | Singapore |
| 2020s | 95.0% | 128.4% | 33.4% | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monetary sector credit to private sector, Europe & Central Asia or Singapore?
- Singapore, at 128.4% against 78.1% in Europe & Central Asia as of 2020.
- What is the difference in monetary sector credit to private sector between Europe & Central Asia and Singapore?
- 50.3%, with Singapore ahead.
- How many years of comparable data are there for Europe & Central Asia and Singapore?
- 20 years are reported by both, from 2001 to 2020.
- How do Europe & Central Asia and Singapore rank globally for monetary sector credit to private sector?
- Europe & Central Asia ranks 11th and Singapore ranks 8th of 47 groups.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Monetary Sector credit to private sector (% GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Domestic credit to private sector refers to financial resources provided to the private sector, 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. 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.