Net domestic credit (current LCU), annual growth rate in Singapore
Singapore: Net domestic credit (current LCU), annual growth rate was 3.72 % change on previous year in 2020. ◆ Volatile
Latest (2020)
3.72 % change on previous year
Change on year
up 404.1%
World rank
135th
of 186 countries
All-time high
89.55 % change on previous year
in 1981
All-time low
-16.12 % change on previous year
in 2002
Years of data
57
1964–2020
Net domestic credit (current LCU), annual growth rate in Singapore, 1964–2020
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Singapore recorded 3.72 % change on previous year for net domestic credit (current lcu), annual growth rate in 2020.
Compared with earlier readings it is up 404.1% on the previous year and down 51.4% over ten years.
Over the whole period, net domestic credit (current lcu), annual growth rate in Singapore peaked at 89.55 % change on previous year in 1981 and was at its lowest, -16.12 % change on previous year, in 2002.
Singapore ranks 135th of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU), annual growth rate in Singapore, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1964 | 57.21 % change on previous year | — |
| 1965 | 56.33 % change on previous year | -1.5% |
| 1966 | 23.89 % change on previous year | -57.6% |
| 1967 | 2.61 % change on previous year | -89.1% |
| 1968 | 33.76 % change on previous year | +1191.2% |
| 1969 | 15.24 % change on previous year | -54.9% |
| 1970 | 20.14 % change on previous year | +32.2% |
| 1971 | -6.28 % change on previous year | -131.2% |
| 1972 | 50.18 % change on previous year | -899.5% |
| 1973 | 57.48 % change on previous year | +14.5% |
| 1974 | 1.59 % change on previous year | -97.2% |
| 1975 | 16.38 % change on previous year | +930.0% |
| 1976 | 37.99 % change on previous year | +131.9% |
| 1977 | 10.27 % change on previous year | -73.0% |
| 1978 | 17.87 % change on previous year | +74.0% |
| 1979 | 27.14 % change on previous year | +51.9% |
| 1980 | 53.27 % change on previous year | +96.3% |
| 1981 | 89.55 % change on previous year | +68.1% |
| 1982 | -0.0297 % change on previous year | -100.0% |
| 1983 | 42.6 % change on previous year | -143476.2% |
| 1984 | 14.73 % change on previous year | -65.4% |
| 1985 | -8.77 % change on previous year | -159.5% |
| 1986 | 1.12 % change on previous year | -112.8% |
| 1987 | 10.04 % change on previous year | +797.7% |
| 1988 | 4.3 % change on previous year | -57.1% |
| 1989 | 5.17 % change on previous year | +20.2% |
| 1990 | 12.33 % change on previous year | +138.4% |
| 1991 | 13.88 % change on previous year | +12.6% |
| 1992 | 5.46 % change on previous year | -60.6% |
| 1993 | 12.01 % change on previous year | +119.8% |
| 1994 | 12.8 % change on previous year | +6.6% |
| 1995 | 17.45 % change on previous year | +36.3% |
| 1996 | 17.29 % change on previous year | -0.9% |
| 1997 | 19.55 % change on previous year | +13.1% |
| 1998 | 18.24 % change on previous year | -6.7% |
| 1999 | -1.27 % change on previous year | -106.9% |
| 2000 | 5.06 % change on previous year | -500.0% |
| 2001 | 14.2 % change on previous year | +180.4% |
| 2002 | -16.12 % change on previous year | -213.5% |
| 2003 | 10.46 % change on previous year | -164.9% |
| 2004 | 2.9 % change on previous year | -72.3% |
| 2005 | -5.93 % change on previous year | -304.7% |
| 2006 | 11.45 % change on previous year | -293.2% |
| 2007 | 28.72 % change on previous year | +150.7% |
| 2008 | 11.16 % change on previous year | -61.1% |
| 2009 | 16.92 % change on previous year | +51.6% |
| 2010 | 7.64 % change on previous year | -54.8% |
| 2011 | 17.5 % change on previous year | +129.0% |
| 2012 | 12.43 % change on previous year | -29.0% |
| 2013 | 22.1 % change on previous year | +77.8% |
| 2014 | 17.3 % change on previous year | -21.7% |
| 2015 | -1.1 % change on previous year | -106.3% |
| 2016 | 13.82 % change on previous year | -1358.1% |
| 2017 | 13.59 % change on previous year | -1.7% |
| 2018 | 6.53 % change on previous year | -52.0% |
| 2019 | 0.7372 % change on previous year | -88.7% |
| 2020 | 3.72 % change on previous year | +404.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 31.51 % change on previous year | 2.61 % change on previous year | 57.21 % change on previous year | 6 |
| 1970s | 23.28 % change on previous year | -6.28 % change on previous year | 57.48 % change on previous year | 10 |
| 1980s | 21.2 % change on previous year | -8.77 % change on previous year | 89.55 % change on previous year | 10 |
| 1990s | 12.77 % change on previous year | -1.27 % change on previous year | 19.55 % change on previous year | 10 |
| 2000s | 7.88 % change on previous year | -16.12 % change on previous year | 28.72 % change on previous year | 10 |
| 2010s | 11.06 % change on previous year | -1.1 % change on previous year | 22.1 % change on previous year | 10 |
| 2020s | 3.72 % change on previous year | 3.72 % change on previous year | 3.72 % change on previous year | 1 |
Countries ranked near Singapore
- 132 Peru 4.21 % change on previous year compare
- 133 Slovenia 4.21 % change on previous year compare
- 134 New Zealand 4.19 % change on previous year compare
- 136 Chile 3.69 % change on previous year compare
- 137 Australia 3.66 % change on previous year compare
- 138 Hong Kong 3.56 % change on previous year compare
More financial sector data for Singapore
- Total reserves (gold at national valuation) (SDR), annual growth rate 4.93 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 48,902 SDR per person (2025)
- Total reserves in months of imports, annual growth rate 4.92 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 5.6 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.4801 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 47,436 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 5.5 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 48,383 SDR per person (2025)
Frequently asked questions
- What is net domestic credit (current lcu), annual growth rate in Singapore?
- Net domestic credit (current lcu), annual growth rate in Singapore was 3.72 % change on previous year in 2020, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), annual growth rate recorded in Singapore?
- The highest recorded value was 89.55 % change on previous year in 1981.
- What is the lowest net domestic credit (current lcu), annual growth rate recorded in Singapore?
- The lowest recorded value was -16.12 % change on previous year in 2002.
- How does Singapore rank for net domestic credit (current lcu), annual growth rate?
- Singapore ranks 135th out of 186 countries with data for 2020.
- Is net domestic credit (current lcu), annual growth rate rising or falling in Singapore?
- Over the last ten years it is down 51.4%. The long-run trend across the full record is volatile.
- Where does this Singapore data come from?
- The figures come from Statizoid (derived), published as part of Net domestic credit (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 57 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.