External loans and deposits of reporting banks vis-à-vis all sectors in Singapore
Singapore: External loans and deposits of reporting banks vis-à-vis all sectors was 126.4% in 2020. ▼ Falling
External loans and deposits of reporting banks vis-à-vis all sectors in Singapore, 1995–2020
Source: Bank for International Settlements (BIS). Measured in % of domestic bank deposits.
Analysis
Singapore recorded 126.4% for external loans and deposits of reporting banks vis-à-vis all sectors in 2020.
That represents a change of up 1.7% on the previous year and down 17.9% over ten years.
Over the whole period, external loans and deposits of reporting banks vis-à-vis all sectors in Singapore peaked at 310.4% in 2002 and was at its lowest, 113.2%, in 2014.
That places Singapore 15th out of 181 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently falling across the 26 years of available data.
External loans and deposits of reporting banks vis-à-vis all sectors in Singapore, year by year
| Year | % of domestic bank deposits | Change |
|---|---|---|
| 1995 | 262.1% | — |
| 1996 | 246.6% | -5.9% |
| 1997 | 291.4% | +18.2% |
| 1998 | 276.0% | -5.3% |
| 1999 | 259.7% | -5.9% |
| 2000 | 296.8% | +14.3% |
| 2001 | 293.7% | -1.0% |
| 2002 | 310.4% | +5.7% |
| 2003 | 288.9% | -6.9% |
| 2004 | 281.6% | -2.6% |
| 2005 | 268.2% | -4.7% |
| 2006 | 247.6% | -7.7% |
| 2007 | 265.2% | +7.1% |
| 2008 | 210.9% | -20.5% |
| 2009 | 174.3% | -17.4% |
| 2010 | 154.0% | -11.7% |
| 2011 | 126.6% | -17.8% |
| 2012 | 127.9% | +1.0% |
| 2013 | 118.9% | -7.0% |
| 2014 | 113.2% | -4.8% |
| 2015 | 131.1% | +15.8% |
| 2016 | 129.7% | -1.0% |
| 2017 | 134.5% | +3.7% |
| 2018 | 128.7% | -4.4% |
| 2019 | 124.3% | -3.4% |
| 2020 | 126.4% | +1.7% |
Singapore compared with similar countries
- Singapore's 126.4% is above the median for high income countries, which is 31.9%, 4.0× the median. (59 countries reporting)
- Singapore's 126.4% is above the median for East Asia & Pacific, which is 13.6%, 9.3× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 267.2% | 246.6% | 291.4% | 5 |
| 2000s | 263.8% | 174.3% | 310.4% | 10 |
| 2010s | 128.9% | 113.2% | 154.0% | 10 |
| 2020s | 126.4% | 126.4% | 126.4% | 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 external loans and deposits of reporting banks vis-à-vis all sectors in Singapore?
- External loans and deposits of reporting banks vis-à-vis all sectors in Singapore was 126.4% in 2020, according to Bank for International Settlements (BIS).
- What is the highest external loans and deposits of reporting banks vis-à-vis all sectors recorded in Singapore?
- The highest recorded value was 310.4% in 2002.
- What is the lowest external loans and deposits of reporting banks vis-à-vis all sectors recorded in Singapore?
- The lowest recorded value was 113.2% in 2014.
- How does Singapore rank for external loans and deposits of reporting banks vis-à-vis all sectors?
- Singapore ranks 15th out of 181 countries with data for 2020.
- Is external loans and deposits of reporting banks vis-à-vis all sectors rising or falling in Singapore?
- Over the last ten years it is down 17.9%. The long-run trend across the full record is falling.
- Where does this Singapore data come from?
- The figures come from Bank for International Settlements (BIS), published as part of External loans and deposits of reporting banks vis-à-vis all sectors (% of domestic bank deposits). Statizoid updates them automatically from the source API.
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About this data
Data is from BIS Statistical Appendix Table 7A: External loans and deposits of reporting banks vis-à-vis all sectors; bank deposits from IFS (IFS lines 24 and 25). End of year data (i.e. December data) are used.