Bank net interest margin in Singapore
Singapore: Bank net interest margin was 1.2% in 2021. ▼ Falling
Bank net interest margin in Singapore, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
In 2021, bank net interest margin in Singapore stood at 1.2%.
Compared with earlier readings it is down 8.1% on the previous year and down 24.8% over ten years.
Over the whole period, bank net interest margin in Singapore peaked at 3.7% in 2004 and was at its lowest, 0.1%, in 2003.
That places Singapore 145th out of 165 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 22 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.8% | 0.1% | 3.7% | 10 |
| 2010s | 1.5% | 1.4% | 1.8% | 10 |
| 2020s | 1.3% | 1.2% | 1.3% | 2 |
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 net interest margin in Singapore?
- Bank net interest margin in Singapore was 1.2% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank net interest margin recorded in Singapore?
- The highest recorded value was 3.7% in 2004.
- What is the lowest bank net interest margin recorded in Singapore?
- The lowest recorded value was 0.1% in 2003.
- How does Singapore rank for bank net interest margin?
- Singapore ranks 145th out of 165 countries with data for 2021.
- Is bank net interest margin rising or falling in Singapore?
- Over the last ten years it is down 24.8%. The long-run trend across the full record is falling.
- Where does this Singapore data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank net interest margin (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. Data2080[t] / ((data2010[t] + data2010[t-1])/2). Numerator and denominator are aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.