Bank return on equity (%, before tax) in Singapore
Singapore: Bank return on equity (%, before tax) was 11.2% in 2021. ▼ Falling
Bank return on equity in Singapore, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %, before tax.
Analysis
Singapore recorded 11.2% for bank return on equity in 2021.
That represents a change of up 32.6% on the previous year and up 2.8% over ten years.
Over the whole period, bank return on equity in Singapore peaked at 32.8% in 2002 and was at its lowest, 7.1%, in 2001.
Singapore ranks 97th of 168 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 22 years of available data.
Bank return on equity (%, before tax) in Singapore, year by year
| Year | %, before tax | Change |
|---|---|---|
| 2000 | 13.8% | — |
| 2001 | 7.1% | -48.4% |
| 2002 | 32.8% | +360.1% |
| 2003 | 12.5% | -61.9% |
| 2004 | 25.0% | +100.2% |
| 2005 | 16.3% | -34.9% |
| 2006 | 16.0% | -2.0% |
| 2007 | 14.4% | -10.0% |
| 2008 | 14.5% | +0.7% |
| 2009 | 11.2% | -22.5% |
| 2010 | 12.7% | +13.4% |
| 2011 | 10.9% | -14.6% |
| 2012 | 13.3% | +22.7% |
| 2013 | 12.0% | -9.9% |
| 2014 | 11.7% | -2.6% |
| 2015 | 11.3% | -3.2% |
| 2016 | 10.3% | -8.8% |
| 2017 | 11.0% | +6.9% |
| 2018 | 13.0% | +17.5% |
| 2019 | 13.4% | +3.0% |
| 2020 | 8.4% | -37.0% |
| 2021 | 11.2% | +32.6% |
Singapore compared with similar countries
- Singapore's 11.2% is above the median for high income countries, which is 10.1%, 1.1× the median. (63 countries reporting)
- Singapore's 11.2% is below the median for East Asia & Pacific, which is 11.2%, 99% of the median. (18 countries reporting)
Biggest year-on-year movements
Years where Bank return on equity (%, before tax) 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 |
|---|---|---|---|
| 2002 | +360.1% | 7.1% | 32.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 16.4% | 7.1% | 32.8% | 10 |
| 2010s | 12.0% | 10.3% | 13.4% | 10 |
| 2020s | 9.8% | 8.4% | 11.2% | 2 |
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 return on equity in Singapore?
- Bank return on equity in Singapore was 11.2% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank return on equity recorded in Singapore?
- The highest recorded value was 32.8% in 2002.
- What is the lowest bank return on equity recorded in Singapore?
- The lowest recorded value was 7.1% in 2001.
- How does Singapore rank for bank return on equity?
- Singapore ranks 97th out of 168 countries with data for 2021.
- Is bank return on equity rising or falling in Singapore?
- Over the last ten years it is up 2.8%. 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 return on equity (%, before tax). 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. Data10270[t] / ((data2055[t] + data2055[t-1])/2). Numerator and denominator are first 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.