Broad money in Singapore
Singapore: Broad money was 147.7% in 2020. ▲ Rising
Broad money in Singapore, 1963–2020
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Singapore recorded 147.7% for broad money in 2020. That is the highest value across all 58 years on record.
Compared with earlier readings it is up 20.1% on the previous year and up 19.8% over ten years.
Over the whole period, broad money in Singapore peaked at 147.7% in 2020 and was at its lowest, 52.8%, in 1963.
That places Singapore 9th out of 166 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently rising across the 58 years of available data.
Broad money in Singapore, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1963 | 52.8% | — |
| 1964 | 56.9% | +7.7% |
| 1965 | 55.3% | -2.9% |
| 1966 | 56.4% | +2.0% |
| 1967 | 58.4% | +3.5% |
| 1968 | 63.2% | +8.3% |
| 1969 | 65.6% | +3.8% |
| 1970 | 65.5% | -0.2% |
| 1971 | 60.7% | -7.3% |
| 1972 | 63.6% | +4.8% |
| 1973 | 58.7% | -7.7% |
| 1974 | 54.0% | -8.1% |
| 1975 | 59.5% | +10.2% |
| 1976 | 61.3% | +3.1% |
| 1977 | 60.0% | -2.2% |
| 1978 | 59.2% | -1.2% |
| 1979 | 61.0% | +3.0% |
| 1980 | 62.1% | +1.8% |
| 1981 | 64.8% | +4.4% |
| 1982 | 67.1% | +3.5% |
| 1983 | 67.1% | -0.1% |
| 1984 | 65.0% | -3.1% |
| 1985 | 68.9% | +6.0% |
| 1986 | 75.7% | +9.9% |
| 1987 | 81.4% | +7.6% |
| 1988 | 78.8% | -3.3% |
| 1989 | 84.1% | +6.7% |
| 1990 | 87.7% | +4.3% |
| 1991 | 88.5% | +0.9% |
| 1992 | 89.2% | +0.7% |
| 1993 | 83.9% | -5.9% |
| 1994 | 83.5% | -0.4% |
| 1995 | 81.9% | -1.9% |
| 1996 | 82.5% | +0.6% |
| 1997 | 83.0% | +0.7% |
| 1998 | 112.1% | +35.0% |
| 1999 | 119.3% | +6.5% |
| 2000 | 103.2% | -13.5% |
| 2001 | 112.4% | +9.0% |
| 2002 | 108.8% | -3.2% |
| 2003 | 114.5% | +5.2% |
| 2004 | 106.5% | -7.0% |
| 2005 | 103.3% | -2.9% |
| 2006 | 111.1% | +7.5% |
| 2007 | 109.1% | -1.8% |
| 2008 | 121.7% | +11.5% |
| 2009 | 131.4% | +8.0% |
| 2010 | 123.3% | -6.2% |
| 2011 | 126.2% | +2.4% |
| 2012 | 128.9% | +2.2% |
| 2013 | 128.9% | -0.0% |
| 2014 | 128.4% | -0.3% |
| 2015 | 122.9% | -4.3% |
| 2016 | 126.8% | +3.2% |
| 2017 | 121.8% | -4.0% |
| 2018 | 118.2% | -3.0% |
| 2019 | 123.0% | +4.1% |
| 2020 | 147.7% | +20.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 58.4% | 52.8% | 65.6% | 7 |
| 1970s | 60.3% | 54.0% | 65.5% | 10 |
| 1980s | 71.5% | 62.1% | 84.1% | 10 |
| 1990s | 91.2% | 81.9% | 119.3% | 10 |
| 2000s | 112.2% | 103.2% | 131.4% | 10 |
| 2010s | 124.8% | 118.2% | 128.9% | 10 |
| 2020s | 147.7% | 147.7% | 147.7% | 1 |
Countries ranked near Singapore
- 6 Switzerland 181.9% compare
- 7 Eritrea 176.8% compare
- 8 South Korea 162.7% compare
- 10 Mauritius 142.3% compare
- 11 United Kingdom of Great Britain and Northern Ireland 141.9% compare
- 12 Thailand 141.0% compare
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 broad money in Singapore?
- Broad money in Singapore was 147.7% in 2020, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money recorded in Singapore?
- The highest recorded value was 147.7% in 2020.
- What is the lowest broad money recorded in Singapore?
- The lowest recorded value was 52.8% in 1963.
- How does Singapore rank for broad money?
- Singapore ranks 9th out of 166 countries with data for 2020.
- Is broad money rising or falling in Singapore?
- Over the last ten years it is up 19.8%. The long-run trend across the full record is rising.
- Where does this Singapore data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 58 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.