Financial Institutions Access Index in Singapore
Singapore: Financial Institutions Access Index was 0.3189 in 2020. β² Rising
Financial Institutions Access Index in Singapore, 1980β2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial institutions access index in Singapore is 0.3189, measured in 2020.
The figure is down 8.7% on the previous year and down 14.6% over ten years.
Over the whole period, financial institutions access index in Singapore peaked at 0.3783 in 2018 and was at its lowest, 0.2217, in 1988.
That places Singapore 101st out of 183 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.2374 | 0.2217 | 0.2529 | 10 |
| 1990s | 0.266 | 0.2315 | 0.3224 | 10 |
| 2000s | 0.341 | 0.303 | 0.3662 | 10 |
| 2010s | 0.3638 | 0.3456 | 0.3783 | 10 |
| 2020s | 0.3189 | 0.3189 | 0.3189 | 1 |
Countries ranked near Singapore
- 98 Maldives 0.3242 compare
- 99 United Arab Emirates 0.3229 compare
- 100 Trinidad and Tobago 0.3208 compare
- 102 Dominican Republic 0.3114 compare
- 103 Botswana 0.3101 compare
- 104 Jordan 0.2945 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)
- Domestic credit to private sector by banks 128.4% (2020)
Frequently asked questions
- What is financial institutions access index in Singapore?
- Financial institutions access index in Singapore was 0.3189 in 2020, according to International Monetary Fund.
- What is the highest financial institutions access index recorded in Singapore?
- The highest recorded value was 0.3783 in 2018.
- What is the lowest financial institutions access index recorded in Singapore?
- The lowest recorded value was 0.2217 in 1988.
- How does Singapore rank for financial institutions access index?
- Singapore ranks 101st out of 183 countries with data for 2020.
- Is financial institutions access index rising or falling in Singapore?
- Over the last ten years it is down 14.6%. The long-run trend across the full record is rising.
- Where does this Singapore data come from?
- The figures come from International Monetary Fund, published as part of Financial Institutions Access Index. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.