Deposit money banks'' assets to GDP in Singapore
Singapore: Deposit money banks'' assets to GDP was 169.0% in 2020. ▲ Rising
Deposit money banks'' assets to GDP in Singapore, 1963–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for deposit money banks'' assets to gdp in Singapore is 169.0%, measured in 2020. That is the highest value across all 58 years on record.
That represents a change of up 11.8% on the previous year and up 39.9% over ten years.
Over the whole period, deposit money banks'' assets to gdp in Singapore peaked at 169.0% in 2020 and was at its lowest, 36.4%, in 1963.
That places Singapore 9th out of 187 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.
Deposit money banks'' assets to GDP in Singapore, year by year
| Year | % | Change |
|---|---|---|
| 1963 | 36.4% | — |
| 1964 | 40.8% | +12.3% |
| 1965 | 39.9% | -2.4% |
| 1966 | 40.6% | +1.8% |
| 1967 | 45.2% | +11.3% |
| 1968 | 54.6% | +21.0% |
| 1969 | 53.8% | -1.6% |
| 1970 | 57.0% | +5.9% |
| 1971 | 58.9% | +3.4% |
| 1972 | 64.7% | +9.9% |
| 1973 | 68.4% | +5.6% |
| 1974 | 61.3% | -10.4% |
| 1975 | 64.6% | +5.4% |
| 1976 | 67.2% | +4.0% |
| 1977 | 68.2% | +1.5% |
| 1978 | 69.8% | +2.3% |
| 1979 | 73.1% | +4.8% |
| 1980 | 77.5% | +6.0% |
| 1981 | 83.9% | +8.3% |
| 1982 | 88.8% | +5.9% |
| 1983 | 94.8% | +6.8% |
| 1984 | 94.3% | -0.5% |
| 1985 | 97.4% | +3.3% |
| 1986 | 94.1% | -3.5% |
| 1987 | 92.2% | -2.0% |
| 1988 | 86.5% | -6.2% |
| 1989 | 90.7% | +4.9% |
| 1990 | 90.4% | -0.3% |
| 1991 | 92.3% | +2.1% |
| 1992 | 94.7% | +2.6% |
| 1993 | 94.0% | -0.8% |
| 1994 | 93.2% | -0.8% |
| 1995 | 100.9% | +8.3% |
| 1996 | 106.7% | +5.7% |
| 1997 | 109.2% | +2.4% |
| 1998 | 126.4% | +15.8% |
| 1999 | 123.9% | -2.0% |
| 2000 | 116.4% | -6.0% |
| 2001 | 140.2% | +20.4% |
| 2002 | 127.7% | -8.9% |
| 2003 | 131.6% | +3.0% |
| 2004 | 118.9% | -9.6% |
| 2005 | 109.8% | -7.7% |
| 2006 | 105.8% | -3.7% |
| 2007 | 107.3% | +1.5% |
| 2008 | 122.2% | +13.9% |
| 2009 | 125.7% | +2.8% |
| 2010 | 120.8% | -3.9% |
| 2011 | 130.7% | +8.2% |
| 2012 | 139.7% | +6.8% |
| 2013 | 149.6% | +7.1% |
| 2014 | 155.2% | +3.7% |
| 2015 | 149.0% | -4.0% |
| 2016 | 149.8% | +0.5% |
| 2017 | 147.1% | -1.8% |
| 2018 | 145.3% | -1.3% |
| 2019 | 151.2% | +4.1% |
| 2020 | 169.0% | +11.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 44.5% | 36.4% | 54.6% | 7 |
| 1970s | 65.3% | 57.0% | 73.1% | 10 |
| 1980s | 90.0% | 77.5% | 97.4% | 10 |
| 1990s | 103.2% | 90.4% | 126.4% | 10 |
| 2000s | 120.6% | 105.8% | 140.2% | 10 |
| 2010s | 143.8% | 120.8% | 155.2% | 10 |
| 2020s | 169.0% | 169.0% | 169.0% | 1 |
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 deposit money banks'' assets to gdp in Singapore?
- Deposit money banks'' assets to gdp in Singapore was 169.0% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest deposit money banks'' assets to gdp recorded in Singapore?
- The highest recorded value was 169.0% in 2020.
- What is the lowest deposit money banks'' assets to gdp recorded in Singapore?
- The lowest recorded value was 36.4% in 1963.
- How does Singapore rank for deposit money banks'' assets to gdp?
- Singapore ranks 9th out of 187 countries with data for 2020.
- Is deposit money banks'' assets to gdp rising or falling in Singapore?
- Over the last ten years it is up 39.9%. The long-run trend across the full record is rising.
- Where does this Singapore data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Deposit money banks'' assets to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Claims on domestic real nonfinancial sector by deposit money banks as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is deposit money bank claims, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Deposit money bank assets (IFS lines 22, a-d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).