Net domestic credit (current LCU), per unit of GDP in Singapore
Singapore: Net domestic credit (current LCU), per unit of GDP was 2 current LCU per US$ of GDP in 2020. ▲ Rising
Net domestic credit (current LCU), per unit of GDP in Singapore, 1963–2020
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Singapore recorded 2 current LCU per US$ of GDP for net domestic credit (current lcu), per unit of gdp in 2020. That is the highest value across all 58 years on record.
That represents a change of up 11.3% on the previous year and up 83.9% over ten years.
Over the whole period, net domestic credit (current lcu), per unit of gdp in Singapore peaked at 2 current LCU per US$ of GDP in 2020 and was at its lowest, 0.219 current LCU per US$ of GDP, in 1963.
Singapore ranks 118th of 186 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 58 years of available data.
Net domestic credit (current LCU), per unit of GDP in Singapore, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1963 | 0.219 current LCU per US$ of GDP | — |
| 1964 | 0.3534 current LCU per US$ of GDP | +61.3% |
| 1965 | 0.5069 current LCU per US$ of GDP | +43.4% |
| 1966 | 0.5582 current LCU per US$ of GDP | +10.1% |
| 1967 | 0.5073 current LCU per US$ of GDP | -9.1% |
| 1968 | 0.5892 current LCU per US$ of GDP | +16.2% |
| 1969 | 0.5832 current LCU per US$ of GDP | -1.0% |
| 1970 | 0.6055 current LCU per US$ of GDP | +3.8% |
| 1971 | 0.4815 current LCU per US$ of GDP | -20.5% |
| 1972 | 0.6015 current LCU per US$ of GDP | +24.9% |
| 1973 | 0.6975 current LCU per US$ of GDP | +16.0% |
| 1974 | 0.5016 current LCU per US$ of GDP | -28.1% |
| 1975 | 0.541 current LCU per US$ of GDP | +7.9% |
| 1976 | 0.6648 current LCU per US$ of GDP | +22.9% |
| 1977 | 0.7008 current LCU per US$ of GDP | +5.4% |
| 1978 | 0.7273 current LCU per US$ of GDP | +3.8% |
| 1979 | 0.7477 current LCU per US$ of GDP | +2.8% |
| 1980 | 0.8956 current LCU per US$ of GDP | +19.8% |
| 1981 | 1.42 current LCU per US$ of GDP | +59.1% |
| 1982 | 1.26 current LCU per US$ of GDP | -11.9% |
| 1983 | 1.62 current LCU per US$ of GDP | +29.0% |
| 1984 | 1.67 current LCU per US$ of GDP | +3.3% |
| 1985 | 1.57 current LCU per US$ of GDP | -5.9% |
| 1986 | 1.64 current LCU per US$ of GDP | +4.2% |
| 1987 | 1.6 current LCU per US$ of GDP | -2.2% |
| 1988 | 1.38 current LCU per US$ of GDP | -14.0% |
| 1989 | 1.21 current LCU per US$ of GDP | -12.4% |
| 1990 | 1.14 current LCU per US$ of GDP | -5.3% |
| 1991 | 1.03 current LCU per US$ of GDP | -9.5% |
| 1992 | 0.9519 current LCU per US$ of GDP | -8.0% |
| 1993 | 0.9172 current LCU per US$ of GDP | -3.7% |
| 1994 | 0.8509 current LCU per US$ of GDP | -7.2% |
| 1995 | 0.8386 current LCU per US$ of GDP | -1.4% |
| 1996 | 0.8969 current LCU per US$ of GDP | +7.0% |
| 1997 | 1.03 current LCU per US$ of GDP | +15.0% |
| 1998 | 1.42 current LCU per US$ of GDP | +38.1% |
| 1999 | 1.4 current LCU per US$ of GDP | -1.9% |
| 2000 | 1.32 current LCU per US$ of GDP | -5.6% |
| 2001 | 1.61 current LCU per US$ of GDP | +22.2% |
| 2002 | 1.31 current LCU per US$ of GDP | -18.6% |
| 2003 | 1.37 current LCU per US$ of GDP | +4.7% |
| 2004 | 1.2 current LCU per US$ of GDP | -12.7% |
| 2005 | 1.01 current LCU per US$ of GDP | -15.3% |
| 2006 | 0.9727 current LCU per US$ of GDP | -4.2% |
| 2007 | 1.03 current LCU per US$ of GDP | +5.7% |
| 2008 | 1.07 current LCU per US$ of GDP | +3.9% |
| 2009 | 1.25 current LCU per US$ of GDP | +16.6% |
| 2010 | 1.09 current LCU per US$ of GDP | -12.9% |
| 2011 | 1.09 current LCU per US$ of GDP | +0.9% |
| 2012 | 1.17 current LCU per US$ of GDP | +6.4% |
| 2013 | 1.37 current LCU per US$ of GDP | +17.1% |
| 2014 | 1.56 current LCU per US$ of GDP | +14.6% |
| 2015 | 1.58 current LCU per US$ of GDP | +1.1% |
| 2016 | 1.73 current LCU per US$ of GDP | +9.3% |
| 2017 | 1.83 current LCU per US$ of GDP | +5.7% |
| 2018 | 1.78 current LCU per US$ of GDP | -2.8% |
| 2019 | 1.79 current LCU per US$ of GDP | +1.0% |
| 2020 | 2 current LCU per US$ of GDP | +11.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.4739 current LCU per US$ of GDP | 0.219 current LCU per US$ of GDP | 0.5892 current LCU per US$ of GDP | 7 |
| 1970s | 0.6269 current LCU per US$ of GDP | 0.4815 current LCU per US$ of GDP | 0.7477 current LCU per US$ of GDP | 10 |
| 1980s | 1.43 current LCU per US$ of GDP | 0.8956 current LCU per US$ of GDP | 1.67 current LCU per US$ of GDP | 10 |
| 1990s | 1.05 current LCU per US$ of GDP | 0.8386 current LCU per US$ of GDP | 1.42 current LCU per US$ of GDP | 10 |
| 2000s | 1.21 current LCU per US$ of GDP | 0.9727 current LCU per US$ of GDP | 1.61 current LCU per US$ of GDP | 10 |
| 2010s | 1.5 current LCU per US$ of GDP | 1.09 current LCU per US$ of GDP | 1.83 current LCU per US$ of GDP | 10 |
| 2020s | 2 current LCU per US$ of GDP | 2 current LCU per US$ of GDP | 2 current LCU per US$ of GDP | 1 |
Countries ranked near Singapore
- 115 Tunisia 2.9 current LCU per US$ of GDP compare
- 116 New Zealand 2.42 current LCU per US$ of GDP compare
- 117 Poland 2.22 current LCU per US$ of GDP compare
- 119 Fiji 1.99 current LCU per US$ of GDP compare
- 120 Georgia 1.99 current LCU per US$ of GDP compare
- 121 Canada 1.83 current LCU per US$ of GDP 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), 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)
- Total reserves (gold at national valuation) (SDR), per capita 48,902 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 4.93 % change on previous year (2025)
Frequently asked questions
- What is net domestic credit (current lcu), per unit of gdp in Singapore?
- Net domestic credit (current lcu), per unit of gdp in Singapore was 2 current LCU per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), per unit of gdp recorded in Singapore?
- The highest recorded value was 2 current LCU per US$ of GDP in 2020.
- What is the lowest net domestic credit (current lcu), per unit of gdp recorded in Singapore?
- The lowest recorded value was 0.219 current LCU per US$ of GDP in 1963.
- How does Singapore rank for net domestic credit (current lcu), per unit of gdp?
- Singapore ranks 118th out of 186 countries with data for 2020.
- Is net domestic credit (current lcu), per unit of gdp rising or falling in Singapore?
- Over the last ten years it is up 83.9%. The long-run trend across the full record is rising.
- Where does this Singapore data come from?
- The figures come from Statizoid (derived), published as part of Net domestic credit (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Net domestic credit (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Net domestic credit (current LCU) ÷ GDP (current US$)
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Net domestic credit (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.