External loans and deposits of reporting banks vis-à-vis the banking in Singapore
Singapore: External loans and deposits of reporting banks vis-à-vis the banking was 97.8% in 2020. ▼ Falling
External loans and deposits of reporting banks vis-à-vis the banking in Singapore, 1995–2020
Source: Bank for International Settlements (BIS). Measured in % of domestic bank deposits.
Analysis
In 2020, external loans and deposits of reporting banks vis-à-vis the banking in Singapore stood at 97.8%.
That represents a change of up 4.2% on the previous year and down 26.5% over ten years.
Over the whole period, external loans and deposits of reporting banks vis-à-vis the banking in Singapore peaked at 282.4% in 2002 and was at its lowest, 93.1%, in 2014.
That places Singapore 8th out of 180 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 the banking in Singapore, year by year
| Year | % of domestic bank deposits | Change |
|---|---|---|
| 1995 | 243.6% | — |
| 1996 | 227.8% | -6.5% |
| 1997 | 271.5% | +19.2% |
| 1998 | 257.4% | -5.2% |
| 1999 | 240.5% | -6.6% |
| 2000 | 275.3% | +14.4% |
| 2001 | 268.7% | -2.4% |
| 2002 | 282.4% | +5.1% |
| 2003 | 261.3% | -7.5% |
| 2004 | 259.9% | -0.5% |
| 2005 | 240.1% | -7.6% |
| 2006 | 220.7% | -8.0% |
| 2007 | 233.9% | +5.9% |
| 2008 | 188.1% | -19.6% |
| 2009 | 152.6% | -18.9% |
| 2010 | 133.0% | -12.8% |
| 2011 | 109.5% | -17.6% |
| 2012 | 106.7% | -2.6% |
| 2013 | 99.8% | -6.5% |
| 2014 | 93.1% | -6.6% |
| 2015 | 102.1% | +9.7% |
| 2016 | 100.8% | -1.2% |
| 2017 | 102.2% | +1.3% |
| 2018 | 99.0% | -3.1% |
| 2019 | 93.8% | -5.2% |
| 2020 | 97.8% | +4.2% |
Singapore compared with similar countries
- Singapore's 97.8% is above the median for high income countries, which is 11.8%, 8.3× the median. (59 countries reporting)
- Singapore's 97.8% is above the median for East Asia & Pacific, which is 10.2%, 9.6× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 248.1% | 227.8% | 271.5% | 5 |
| 2000s | 238.3% | 152.6% | 282.4% | 10 |
| 2010s | 104.0% | 93.1% | 133.0% | 10 |
| 2020s | 97.8% | 97.8% | 97.8% | 1 |
Countries ranked near Singapore
- 5 Uzbekistan 110.4% compare
- 6 Luxembourg 103.9% compare
- 7 Bahrain 99.5% compare
- 9 Ireland 67.0% compare
- 10 Cyprus 66.5% compare
- 11 Timor-Leste 61.3% compare
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 the banking in Singapore?
- External loans and deposits of reporting banks vis-à-vis the banking in Singapore was 97.8% in 2020, according to Bank for International Settlements (BIS).
- What is the highest external loans and deposits of reporting banks vis-à-vis the banking recorded in Singapore?
- The highest recorded value was 282.4% in 2002.
- What is the lowest external loans and deposits of reporting banks vis-à-vis the banking recorded in Singapore?
- The lowest recorded value was 93.1% in 2014.
- How does Singapore rank for external loans and deposits of reporting banks vis-à-vis the banking?
- Singapore ranks 8th out of 180 countries with data for 2020.
- Is external loans and deposits of reporting banks vis-à-vis the banking rising or falling in Singapore?
- Over the last ten years it is down 26.5%. 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 the banking sector (% 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 minus 7B: External loans and deposits of reporting banks vis-à-vis all sectors minus external loans and deposits of reporting banks vis-à-vis nonbanking sectors; bank deposits from IFS (IFS lines 24 and 25). End of year data (i.e. December data) are used.