Singapore vs Sweden: Private credit by deposit money banks to GDP

Singapore
132.7%
in 2020
Sweden
135.7%
in 2021
Singapore rank
13th
Sweden rank
11th

Private credit by deposit money banks to GDP over time

  • Singapore
  • Sweden
255075100125150196019902021

How they compare

Sweden currently reports 135.7% against 132.7% in Singapore, a difference of 3.0%.

The two have swapped places 4 times across 58 shared years of data; in 1963 it was Sweden ahead.

Singapore ranks 13th and Sweden ranks 11th of 187 countries.

Across the 7 decades both report, Singapore averaged higher in 3 and Sweden in 4.

Head to head by decade

Decade Singapore Sweden Difference Ahead
1960s 37.5% 38.3% 0.9% Sweden
1970s 54.9% 36.6% 18.3% Singapore
1980s 80.4% 39.0% 41.4% Singapore
1990s 89.1% 38.9% 50.2% Singapore
2000s 96.7% 98.0% 1.3% Sweden
2010s 117.0% 128.4% 11.4% Sweden
2020s 132.7% 137.8% 5.1% Sweden

Averages of every year both report within each decade.

Frequently asked questions

Which has higher private credit by deposit money banks to gdp, Singapore or Sweden?
Sweden, at 135.7% against 132.7% in Singapore as of 2021.
What is the difference in private credit by deposit money banks to gdp between Singapore and Sweden?
3.0%, with Sweden ahead.
How many years of comparable data are there for Singapore and Sweden?
58 years are reported by both, from 1963 to 2020.
How do Singapore and Sweden rank globally for private credit by deposit money banks to gdp?
Singapore ranks 13th and Sweden ranks 11th of 187 countries.
Where does this data come from?
International Financial Statistics (IFS), International Monetary Fund (IMF), published as Private credit by deposit money banks to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Singapore vs Sweden: Private credit by deposit money banks to GDP. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 17 September 2026, from https://financial-sector.statizoid.com/compare/private-credit-by-deposit-money-banks-to-gdp-percent/singapore/sweden/

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About this data

Indicator
Private credit by deposit money banks to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 8,608 data points, 1960–2021
Last refreshed

Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).