Risk premium on lending in Singapore
Singapore: Risk premium on lending was 5.1% in 2013. ▼ Falling
Risk premium on lending in Singapore, 1978–2013
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus treasury bill rate, %.
Analysis
The most recent figure for risk premium on lending in Singapore is 5.1%, measured in 2013.
That represents a change of up 0.4% on the previous year and up 10.1% over ten years.
Over the whole period, risk premium on lending in Singapore peaked at 7.6% in 1981 and was at its lowest, 2.1%, in 1989.
That places Singapore 37th out of 86 countries with data for 2013, putting it in the middle of the range.
The long-run direction has been consistently falling across the 36 years of available data.
Risk premium on lending in Singapore, year by year
| Year | lending rate minus treasury bill rate, % | Change |
|---|---|---|
| 1978 | 3.8% | — |
| 1979 | 3.5% | -8.2% |
| 1980 | 4.8% | +39.3% |
| 1981 | 7.6% | +58.8% |
| 1982 | 7.1% | -7.6% |
| 1983 | 6.4% | -9.4% |
| 1984 | 6.8% | +6.7% |
| 1985 | 5.2% | -24.5% |
| 1986 | 4.4% | -14.1% |
| 1987 | 3.3% | -25.3% |
| 1988 | 2.3% | -31.2% |
| 1989 | 2.1% | -9.5% |
| 1990 | 4.1% | +97.9% |
| 1991 | 4.4% | +7.7% |
| 1992 | 4.2% | -4.3% |
| 1993 | 4.5% | +6.5% |
| 1994 | 3.9% | -12.3% |
| 1995 | 5.3% | +34.0% |
| 1996 | 4.9% | -7.5% |
| 1997 | 4.1% | -15.6% |
| 1998 | 5.3% | +30.1% |
| 1999 | 4.7% | -12.2% |
| 2000 | 3.6% | -22.8% |
| 2001 | 4.0% | +10.1% |
| 2002 | 4.5% | +13.7% |
| 2003 | 4.7% | +2.8% |
| 2004 | 4.3% | -6.9% |
| 2005 | 3.2% | -25.3% |
| 2006 | 2.4% | -27.3% |
| 2007 | 3.0% | +26.4% |
| 2008 | 4.5% | +50.2% |
| 2009 | 5.0% | +12.8% |
| 2010 | 5.0% | +0.0% |
| 2011 | 5.1% | +0.9% |
| 2012 | 5.1% | +0.3% |
| 2013 | 5.1% | +0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.6% | 3.5% | 3.8% | 2 |
| 1980s | 5.0% | 2.1% | 7.6% | 10 |
| 1990s | 4.5% | 3.9% | 5.3% | 10 |
| 2000s | 3.9% | 2.4% | 5.0% | 10 |
| 2010s | 5.1% | 5.0% | 5.1% | 4 |
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 risk premium on lending in Singapore?
- Risk premium on lending in Singapore was 5.1% in 2013, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest risk premium on lending recorded in Singapore?
- The highest recorded value was 7.6% in 1981.
- What is the lowest risk premium on lending recorded in Singapore?
- The lowest recorded value was 2.1% in 1989.
- How does Singapore rank for risk premium on lending?
- Singapore ranks 37th out of 86 countries with data for 2013.
- Is risk premium on lending rising or falling in Singapore?
- Over the last ten years it is up 10.1%. The long-run trend across the full record is falling.
- Where does this Singapore data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Risk premium on lending (lending rate minus treasury bill rate, %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Risk premium on lending is the interest rate charged by banks on loans to private sector customers minus the "risk free" treasury bill interest rate at which short-term government securities are issued or traded in the market. In some countries this spread may be negative, indicating that the market considers its best corporate clients to be lower risk than the government. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.