Singapore (2020)
128.4
% of GDP
+9.1pp YoY
YoY Change
+9.1pp
percentage points
Trend
up
Series length
50
years of data

Data

Singapore Financial System Deposits (% of GDP) (2020) — source data. World Bank.
Year % of GDP YoY Change
2020 128.4 +9.1pp
2019 119.3 +1.9pp
2018 117.4 -3pp
2017 120.4 -2.7pp
2016 123.1 +0.7pp
2015 122.4 -5.7pp
2014 128.1 +4pp
2013 124.1 +11.1pp
2012 113 +8.3pp
2011 104.7 +9.8pp
2010 94.9 -2pp
2009 96.9 -1pp
2008 97.9 +12.5pp
2007 85.4 +1.1pp
2006 84.3 -4.9pp
2005 89.2 -6.5pp
2004 95.7 -9.1pp
2003 104.8 +2.8pp
2002 102 -13pp
2001 115 +19pp

About this Dataset

Singapore recorded 128.4 % of GDP in 2020. The latest change was +9.1pp. Across 1971–2020 the series ranges from 44.9 in 1971 to 128.4 in 2020.

This page tracks total deposits in the financial system (banks + non-bank financial institutions) as a share of GDP in Singapore from 1990 to present. Deposit depth measures the liability-side of financial development.

Data sourced from World Bank via Open Data API. Values use World Bank standardised methodology intended for cross-country comparison.

Frequently Asked Questions

This page tracks total deposits in the financial system (banks + non-bank financial institutions) as a share of GDP in Singapore from 1990 to present. Deposit depth measures the liability-side of financial development. It is published by World Bank and updated annually.

The most recent observation covers 2020. World Bank typically publishes this series with a lag of several months after the reference period. The series runs 1971–2020 (50 observations).

The series peaked at 128.4 % of GDP in 2020 and reached its lowest recorded value of 44.9 in 1971. The latest reading of 128.4 in 2020 represents a change of +9.1pp.