Singapore Bank Lending Interest Rate (2021)
Singapore's Bank Lending Interest Rate: 5.3 % per annum in 2021, unchanged YoY. World Bank (FR.INR.LEND), 1978–2021.
Singapore (2021)
5.3
% per annum
unchanged YoY
YoY Change
unchanged
percentage points
Trend
neutral
Series length
44
years of data
Data
| Year | % per annum | YoY Change |
|---|---|---|
| 2021 | 5.3 | unchanged |
| 2020 | 5.3 | unchanged |
| 2019 | 5.3 | unchanged |
| 2018 | 5.3 | unchanged |
| 2017 | 5.3 | -0.1pp |
| 2016 | 5.4 | unchanged |
| 2015 | 5.4 | unchanged |
| 2014 | 5.4 | unchanged |
| 2013 | 5.4 | unchanged |
| 2012 | 5.4 | unchanged |
| 2011 | 5.4 | unchanged |
| 2010 | 5.4 | unchanged |
| 2009 | 5.4 | unchanged |
| 2008 | 5.4 | +0.1pp |
| 2007 | 5.3 | unchanged |
| 2006 | 5.3 | unchanged |
| 2005 | 5.3 | unchanged |
| 2004 | 5.3 | unchanged |
| 2003 | 5.3 | unchanged |
| 2002 | 5.3 | -0.3pp |
About this Dataset
Singapore recorded 5.3 % per annum in 2021. That is unchanged on the previous period. Across 1978–2021 the series ranges from 5.3 % per annum in 2021 to 13.6 % per annum in 1981.
This page tracks the prime or benchmark bank lending rate in Singapore. Lending rates directly affect the cost of corporate borrowing and investment activity.
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 the prime or benchmark bank lending rate in Singapore. Lending rates directly affect the cost of corporate borrowing and investment activity. It is published by World Bank and updated annually.
The most recent observation covers 2021. World Bank typically publishes this series with a lag of several months after the reference period. The series runs 1978–2021 (44 observations).
The series is at its lowest recorded level, 5.3 % per annum in 2021, down from a peak of 13.6 % per annum in 1981. That is unchanged on the previous period.