Bank lending-deposit spread in Singapore
Singapore: Bank lending-deposit spread was 5.07 in 2020. ▲ Rising
Bank lending-deposit spread in Singapore, 1980–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF).
Analysis
In 2020, bank lending-deposit spread in Singapore stood at 5.07.
That represents a change of up 0.3% on the previous year and down 2.1% over ten years.
Over the whole period, bank lending-deposit spread in Singapore peaked at 5.24 in 2012 and was at its lowest, 2.35, in 1980.
Singapore ranks 66th of 124 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.92 | 2.35 | 3.23 | 10 |
| 1990s | 3.02 | 2.69 | 4.12 | 10 |
| 2000s | 4.69 | 4.12 | 5.09 | 10 |
| 2010s | 5.18 | 5.05 | 5.24 | 10 |
| 2020s | 5.07 | 5.07 | 5.07 | 1 |
Countries ranked near Singapore
More financial sector data for Singapore
- Domestic credit to private sector by banks 128.4% (2020)
- Total reserves in months of imports 4.39 (2025)
- Net domestic credit 701.01 billion current LCU (2020)
- Net foreign assets 407.83 billion current LCU (2020)
- Monetary Sector credit to private sector 128.4% (2020)
- Broad money 147.7% (2020)
- Claims on central government, etc. 16.2% (2020)
- Domestic credit to private sector 128.4% (2020)
- Official exchange rate 1.31 LCU per US$, period average (2025)
- Net migration 16,892 (2025)
Frequently asked questions
- What is bank lending-deposit spread in Singapore?
- Bank lending-deposit spread in Singapore was 5.07 in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank lending-deposit spread recorded in Singapore?
- The highest recorded value was 5.24 in 2012.
- What is the lowest bank lending-deposit spread recorded in Singapore?
- The lowest recorded value was 2.35 in 1980.
- How does Singapore rank for bank lending-deposit spread?
- Singapore ranks 66th out of 124 countries with data for 2020.
- Is bank lending-deposit spread rising or falling in Singapore?
- Over the last ten years it is down 2.1%. The long-run trend across the full record is rising.
- Where does this Singapore data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank lending-deposit spread. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 41 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Difference between lending rate and deposit rate. Lending rate is the rate charged by banks on loans to the private sector and deposit interest rate is the rate offered by commercial banks on three-month deposits. IFS line 60P - line 60L.