Nonbank financial institutions’ assets to GDP in Singapore
Singapore: Nonbank financial institutions’ assets to GDP was 3.0% in 2020. ◆ Volatile
Nonbank financial institutions’ assets to GDP in Singapore, 1968–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Singapore recorded 3.0% for nonbank financial institutions’ assets to gdp in 2020.
Compared with earlier readings it is up 4.2% on the previous year and up 22.3% over ten years.
Over the whole period, nonbank financial institutions’ assets to gdp in Singapore peaked at 14.7% in 1983 and was at its lowest, 2.5%, in 2010.
Singapore ranks 62nd of 84 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.
Nonbank financial institutions’ assets to GDP in Singapore, year by year
| Year | % | Change |
|---|---|---|
| 1968 | 5.0% | — |
| 1969 | 4.3% | -13.6% |
| 1970 | 4.7% | +10.3% |
| 1971 | 5.4% | +13.4% |
| 1972 | 5.8% | +7.5% |
| 1973 | 7.1% | +23.0% |
| 1974 | 6.9% | -2.5% |
| 1975 | 6.9% | -0.3% |
| 1976 | 7.2% | +4.6% |
| 1977 | 7.5% | +4.2% |
| 1978 | 8.1% | +7.8% |
| 1979 | 9.2% | +13.0% |
| 1980 | 9.7% | +5.9% |
| 1981 | 11.3% | +16.2% |
| 1982 | 13.0% | +15.4% |
| 1983 | 14.7% | +13.0% |
| 1984 | 14.4% | -1.7% |
| 1985 | 13.6% | -6.0% |
| 1986 | 13.1% | -3.9% |
| 1987 | 12.6% | -3.1% |
| 1988 | 12.5% | -1.1% |
| 1989 | 13.4% | +6.9% |
| 1990 | 12.7% | -4.9% |
| 1991 | 12.2% | -4.3% |
| 1992 | 12.1% | -0.8% |
| 1993 | 12.3% | +1.9% |
| 1994 | 13.4% | +9.1% |
| 1995 | 13.4% | +0.1% |
| 1996 | 12.6% | -6.4% |
| 1997 | 12.1% | -3.5% |
| 1998 | 11.8% | -2.9% |
| 1999 | 10.8% | -8.5% |
| 2000 | 9.6% | -11.0% |
| 2001 | 7.4% | -22.7% |
| 2002 | 6.5% | -12.4% |
| 2003 | 3.9% | -39.9% |
| 2004 | 3.5% | -9.6% |
| 2005 | 3.7% | +4.3% |
| 2006 | 3.4% | -8.3% |
| 2007 | 3.7% | +10.1% |
| 2008 | 3.5% | -4.5% |
| 2009 | 2.9% | -19.4% |
| 2010 | 2.5% | -14.1% |
| 2011 | 2.7% | +9.5% |
| 2012 | 3.1% | +14.0% |
| 2013 | 3.0% | -1.3% |
| 2014 | 3.1% | +2.5% |
| 2015 | 3.1% | +0.8% |
| 2016 | 2.8% | -8.9% |
| 2017 | 2.7% | -5.1% |
| 2018 | 2.6% | -3.9% |
| 2019 | 2.9% | +10.9% |
| 2020 | 3.0% | +4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.6% | 4.3% | 5.0% | 2 |
| 1970s | 6.9% | 4.7% | 9.2% | 10 |
| 1980s | 12.8% | 9.7% | 14.7% | 10 |
| 1990s | 12.3% | 10.8% | 13.4% | 10 |
| 2000s | 4.8% | 2.9% | 9.6% | 10 |
| 2010s | 2.8% | 2.5% | 3.1% | 10 |
| 2020s | 3.0% | 3.0% | 3.0% | 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 nonbank financial institutions’ assets to gdp in Singapore?
- Nonbank financial institutions’ assets to gdp in Singapore was 3.0% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest nonbank financial institutions’ assets to gdp recorded in Singapore?
- The highest recorded value was 14.7% in 1983.
- What is the lowest nonbank financial institutions’ assets to gdp recorded in Singapore?
- The lowest recorded value was 2.5% in 2010.
- How does Singapore rank for nonbank financial institutions’ assets to gdp?
- Singapore ranks 62nd out of 84 countries with data for 2020.
- Is nonbank financial institutions’ assets to gdp rising or falling in Singapore?
- Over the last ten years it is up 22.3%. The long-run trend across the full record is volatile.
- Where does this Singapore data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Nonbank financial institutions’ assets to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Claims on domestic real nonfinancial sector by other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is other financial institutions' claims, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Nonbank financial institutions assets (IFS lines 42, a-d, h, and s); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).