Foreign bank assets among total bank assets (%) in Singapore
Singapore: Foreign bank assets among total bank assets (%) was 6.0% in 2010. ▼ Falling
Foreign bank assets among total bank assets in Singapore, 2006–2010
Source: Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10. Measured in %.
Analysis
In 2010, foreign bank assets among total bank assets in Singapore stood at 6.0%.
The figure is down 14.3% on the previous year and down 40.0% over five years.
That places Singapore 100th out of 128 countries with data for 2010, putting it in the bottom quarter.
Foreign bank assets among total bank assets (%) in Singapore, year by year
| Year | % | Change |
|---|---|---|
| 2006 | 10.0% | — |
| 2007 | 10.0% | +0.0% |
| 2008 | 3.0% | -70.0% |
| 2009 | 7.0% | +133.3% |
| 2010 | 6.0% | -14.3% |
Singapore compared with similar countries
- Singapore's 6.0% is below the median for high income countries, which is 23.0%, 26% of the median. (51 countries reporting)
- Singapore's 6.0% is below the median for East Asia & Pacific, which is 7.0%, 86% of the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.5% | 3.0% | 10.0% | 4 |
| 2010s | 6.0% | 6.0% | 6.0% | 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 foreign bank assets among total bank assets in Singapore?
- Foreign bank assets among total bank assets in Singapore was 6.0% in 2010, according to Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10.
- What is the highest foreign bank assets among total bank assets recorded in Singapore?
- The highest recorded value was 10.0% in 2006.
- What is the lowest foreign bank assets among total bank assets recorded in Singapore?
- The lowest recorded value was 3.0% in 2008.
- How does Singapore rank for foreign bank assets among total bank assets?
- Singapore ranks 100th out of 128 countries with data for 2010.
- Where does this Singapore data come from?
- The figures come from Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10, published as part of Foreign bank assets among total bank assets (%). Statizoid updates them automatically from the source API.
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About this data
Percentage of the total banking assets that are held by foreign banks. A foreign bank is a bank where 50 percent or more of its shares are owned by foreigners.