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% |
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
- Net domestic credit (current LCU), per capita 123,291 current LCU per person (2020)
- Net domestic credit (current LCU), per unit of GDP 2 current LCU per US$ of GDP (2020)
- Net domestic credit (current LCU), annual growth rate 3.72 % change on previous year (2020)
- Gold reserves at 35 SDRs per ounce 217.81 million SDR (2025)
- Gold reserves at market value 19.85 billion SDR (2025)
- Reserves excluding gold, foreign exchange 289.89 billion SDR (2025)
- Reserves excluding gold 295.68 billion SDR (2025)
- Total reserves (gold at market value) 315.53 billion SDR (2025)
- Total reserves (gold at national valuation) 298.85 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 48,902 SDR per person (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.