Singapore vs World: Monetary Sector credit to private sector
Monetary Sector credit to private sector over time
- Singapore
- World
How they compare
Singapore currently reports 128.4% against 90.4% in World, a difference of 38.0%.
That makes Singapore's figure about 1.4 times World's.
The two have swapped places 5 times across 58 shared years of data; in 1963 it was World ahead.
Singapore ranks 8th and World ranks 10th of 187 countries.
Across the 7 decades both report, Singapore averaged higher in 6 and World in 1.
Head to head by decade
| Decade | Singapore | World | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 37.5% | 40.4% | 2.9% | World |
| 1970s | 54.9% | 52.2% | 2.8% | Singapore |
| 1980s | 80.4% | 64.3% | 16.1% | Singapore |
| 1990s | 89.1% | 79.7% | 9.4% | Singapore |
| 2000s | 96.7% | 78.2% | 18.6% | Singapore |
| 2010s | 116.7% | 83.6% | 33.1% | Singapore |
| 2020s | 128.4% | 96.4% | 32.0% | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monetary sector credit to private sector, Singapore or World?
- Singapore, at 128.4% against 90.4% in World as of 2020.
- What is the difference in monetary sector credit to private sector between Singapore and World?
- 38.0%, with Singapore ahead.
- How many years of comparable data are there for Singapore and World?
- 58 years are reported by both, from 1963 to 2020.
- How do Singapore and World rank globally for monetary sector credit to private sector?
- Singapore ranks 8th and World ranks 10th of 187 countries.
- 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.