Bank non-performing loans to gross loans (%) in Singapore
Singapore: Bank non-performing loans to gross loans (%) was 1.3% in 2019. ◆ Volatile
Bank non-performing loans to gross loans in Singapore, 1999–2019
Source: Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for bank non-performing loans to gross loans in Singapore is 1.3%, measured in 2019.
That represents a change of down 0.2% on the previous year and down 34.7% over ten years.
Over the whole period, bank non-performing loans to gross loans in Singapore peaked at 8.0% in 2001 and was at its lowest, 0.8%, in 2014.
Singapore ranks 122nd of 141 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Bank non-performing loans to gross loans (%) in Singapore, year by year
| Year | % | Change |
|---|---|---|
| 1999 | 5.3% | — |
| 2000 | 3.4% | -35.8% |
| 2001 | 8.0% | +135.3% |
| 2002 | 7.7% | -3.7% |
| 2003 | 6.7% | -13.0% |
| 2004 | 5.0% | -25.4% |
| 2005 | 3.8% | -24.0% |
| 2006 | 2.8% | -26.3% |
| 2007 | 1.5% | -46.4% |
| 2008 | 1.4% | -6.7% |
| 2009 | 2.0% | +42.9% |
| 2010 | 1.4% | -29.7% |
| 2011 | 1.1% | -24.6% |
| 2012 | 1.0% | -1.7% |
| 2013 | 0.9% | -16.9% |
| 2014 | 0.8% | -12.7% |
| 2015 | 0.9% | +22.1% |
| 2016 | 1.2% | +32.3% |
| 2017 | 1.4% | +14.5% |
| 2018 | 1.3% | -6.5% |
| 2019 | 1.3% | -0.2% |
Singapore compared with similar countries
- Singapore's 1.3% is below the median for high income countries, which is 2.0%, 65% of the median. (55 countries reporting)
- Singapore's 1.3% is below the median for East Asia & Pacific, which is 1.8%, 71% of the median. (20 countries reporting)
Biggest year-on-year movements
Years where Bank non-performing loans to gross loans (%) in Singapore changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2001 | +135.3% | 3.4% | 8.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.3% | 5.3% | 5.3% | 1 |
| 2000s | 4.2% | 1.4% | 8.0% | 10 |
| 2010s | 1.1% | 0.8% | 1.4% | 10 |
Countries ranked near Singapore
More financial sector data for Singapore
- Reserve position in the IMF, US dollar, annual growth rate 8.93 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 230.78 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 3.73 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 168.51 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 8.93 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 230.78 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 3.73 % change on previous year (2025)
Frequently asked questions
- What is bank non-performing loans to gross loans in Singapore?
- Bank non-performing loans to gross loans in Singapore was 1.3% in 2019, according to Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF).
- What is the highest bank non-performing loans to gross loans recorded in Singapore?
- The highest recorded value was 8.0% in 2001.
- What is the lowest bank non-performing loans to gross loans recorded in Singapore?
- The lowest recorded value was 0.8% in 2014.
- How does Singapore rank for bank non-performing loans to gross loans?
- Singapore ranks 122nd out of 141 countries with data for 2019.
- Is bank non-performing loans to gross loans rising or falling in Singapore?
- Over the last ten years it is down 34.7%. The long-run trend across the full record is volatile.
- Where does this Singapore data come from?
- The figures come from Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF), published as part of Bank non-performing loans to gross loans (%). Statizoid updates them automatically from the source API.
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About this data
Reported by IMF staff. Note that due to differences in national accounting, taxation, and supervisory regimes, these data are not strictly comparable across countries.