Provisions to nonperforming loans (%) in Singapore
Singapore: Provisions to nonperforming loans (%) was 38.9% in 2019. ▼ Falling
Provisions to nonperforming loans in Singapore, 1999–2019
Source: Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for provisions to nonperforming loans in Singapore is 38.9%, measured in 2019.
That represents a change of down 1.6% on the previous year and down 0.6% over ten years.
Over the whole period, provisions to nonperforming loans in Singapore peaked at 86.2% in 1999 and was at its lowest, 26.2%, in 2015.
That places Singapore 120th out of 140 countries with data for 2019, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Provisions to nonperforming loans (%) in Singapore, year by year
| Year | % | Change |
|---|---|---|
| 1999 | 86.2% | — |
| 2001 | 60.1% | -30.3% |
| 2002 | 61.2% | +1.8% |
| 2003 | 64.9% | +6.0% |
| 2004 | 73.6% | +13.4% |
| 2005 | 40.4% | -45.1% |
| 2006 | 41.3% | +2.2% |
| 2007 | 39.3% | -4.8% |
| 2008 | 42.9% | +9.2% |
| 2009 | 39.1% | -8.9% |
| 2010 | 40.0% | +2.3% |
| 2011 | 38.8% | -3.1% |
| 2012 | 40.4% | +4.3% |
| 2013 | 34.8% | -13.9% |
| 2014 | 32.6% | -6.5% |
| 2015 | 26.2% | -19.6% |
| 2016 | 29.5% | +12.7% |
| 2017 | 40.8% | +38.4% |
| 2018 | 39.5% | -3.3% |
| 2019 | 38.9% | -1.6% |
Singapore compared with similar countries
- Singapore's 38.9% is below the median for high income countries, which is 51.6%, 75% of the median. (55 countries reporting)
- Singapore's 38.9% is below the median for East Asia & Pacific, which is 48.3%, 80% of the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 86.2% | 86.2% | 86.2% | 1 |
| 2000s | 51.4% | 39.1% | 73.6% | 9 |
| 2010s | 36.1% | 26.2% | 40.8% | 10 |
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 provisions to nonperforming loans in Singapore?
- Provisions to nonperforming loans in Singapore was 38.9% in 2019, according to Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF).
- What is the highest provisions to nonperforming loans recorded in Singapore?
- The highest recorded value was 86.2% in 1999.
- What is the lowest provisions to nonperforming loans recorded in Singapore?
- The lowest recorded value was 26.2% in 2015.
- How does Singapore rank for provisions to nonperforming loans?
- Singapore ranks 120th out of 140 countries with data for 2019.
- Is provisions to nonperforming loans rising or falling in Singapore?
- Over the last ten years it is down 0.6%. The long-run trend across the full record is falling.
- Where does this Singapore data come from?
- The figures come from Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF), published as part of Provisions to nonperforming loans (%). Statizoid updates them automatically from the source API.
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About this data
Provisions to nonperforming loans. Nonperforming Loans are loans for which the contractual payments are delinquent, usually defined as and NPL ratio being overdue for more than a certain number of days (e.g., usually more than 90 days). Reported by IMF staff. Note that due to differences in national accounting, taxation, and supervisory regimes, these data are not strictly comparable across countries.