{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"sg-private-credit-financial-institutions-gdp","url":"https://apiardata.com/statistics/sg-private-credit-financial-institutions-gdp","html_url":"https://apiardata.com/statistics/sg-private-credit-financial-institutions-gdp/","title":"Singapore Private Credit by All Financial Institutions (% of GDP) (2020)","description":"Singapore's Private Credit by All Financial Institutions (% of GDP): 130.6 % of GDP in 2020, +10.9pp YoY. World Bank (GFDD.DI.14), 1971–2020.","domain":"markets","category":"Financial Markets","keywords":["Financial Markets","World Bank","Singapore","2020"],"publisher":"World Bank","frequency":"Annual","geography":"Singapore","temporal_coverage":"1971/2020","unit":"% of GDP","last_updated":"2026-07-26","last_updated_text":"26 July 2026","data_as_of":"2020","variable_measured":"Singapore Private Credit by All Financial Institutions (% of GDP)","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"World Bank","url":"https://data.worldbank.org/indicator/GFDD.DI.14?locations=SG"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"1971–2020"},{"label":"Observations","value":"50"},{"label":"Geography","value":"Singapore"},{"label":"Last updated","value":"26 July 2026"}],"kpis":[{"label":"Singapore (2020)","value":"130.6","unit":"% of GDP","trend":{"direction":"up","value":"+10.9pp YoY"}},{"label":"YoY Change","value":"+10.9pp","unit":"percentage points"},{"label":"Trend","value":"up","unit":""},{"label":"Series length","value":"50","unit":"years of data"}],"series":[{"key":"value","label":"Singapore Private Credit by All Financial Institutions (% of GDP)"}],"observation_count":50,"observations":[{"period":"1971","value":44.878},{"period":"1972","value":50.2511},{"period":"1973","value":59.0827},{"period":"1974","value":53.3145},{"period":"1975","value":56.0068},{"period":"1976","value":57.3403},{"period":"1977","value":58.1721},{"period":"1978","value":60.1939},{"period":"1979","value":64.5895},{"period":"1980","value":68.9071},{"period":"1981","value":75.3426},{"period":"1982","value":80.1208},{"period":"1983","value":85.6088},{"period":"1984","value":85.3287},{"period":"1985","value":87.6054},{"period":"1986","value":84.35},{"period":"1987","value":80.5761},{"period":"1988","value":76.3527},{"period":"1989","value":79.5404},{"period":"1990","value":79.1647},{"period":"1991","value":79.8711},{"period":"1992","value":81.0855},{"period":"1993","value":80.9717},{"period":"1994","value":81.1902},{"period":"1995","value":88.2935},{"period":"1996","value":93.7418},{"period":"1997","value":96.4703},{"period":"1998","value":107.931},{"period":"1999","value":102.707},{"period":"2000","value":96.0525},{"period":"2001","value":115.024},{"period":"2002","value":102.024},{"period":"2003","value":104.783},{"period":"2004","value":95.729},{"period":"2005","value":89.2234},{"period":"2006","value":84.2871},{"period":"2007","value":85.3518},{"period":"2008","value":97.8644},{"period":"2009","value":96.8614},{"period":"2010","value":94.8584},{"period":"2011","value":104.704},{"period":"2012","value":112.974},{"period":"2013","value":124.066},{"period":"2014","value":128.13},{"period":"2015","value":122.421},{"period":"2016","value":123.802},{"period":"2017","value":121.007},{"period":"2018","value":117.748},{"period":"2019","value":119.683},{"period":"2020","value":130.643}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% of GDP"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2020","value":"130.6","yoyChange":"+10.9pp"},{"year":"2019","value":"119.7","yoyChange":"+2pp"},{"year":"2018","value":"117.7","yoyChange":"-3.3pp"},{"year":"2017","value":"121.0","yoyChange":"-2.8pp"},{"year":"2016","value":"123.8","yoyChange":"+1.4pp"},{"year":"2015","value":"122.4","yoyChange":"-5.7pp"},{"year":"2014","value":"128.1","yoyChange":"+4pp"},{"year":"2013","value":"124.1","yoyChange":"+11.1pp"},{"year":"2012","value":"113.0","yoyChange":"+8.3pp"},{"year":"2011","value":"104.7","yoyChange":"+9.8pp"},{"year":"2010","value":"94.9","yoyChange":"-2.0pp"},{"year":"2009","value":"96.9","yoyChange":"-1.0pp"},{"year":"2008","value":"97.9","yoyChange":"+12.5pp"},{"year":"2007","value":"85.4","yoyChange":"+1.1pp"},{"year":"2006","value":"84.3","yoyChange":"-4.9pp"},{"year":"2005","value":"89.2","yoyChange":"-6.5pp"},{"year":"2004","value":"95.7","yoyChange":"-9.1pp"},{"year":"2003","value":"104.8","yoyChange":"+2.8pp"},{"year":"2002","value":"102.0","yoyChange":"-13.0pp"},{"year":"2001","value":"115.0","yoyChange":"+19.0pp"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks total private sector credit (bank + non-bank financial institutions) as a share of GDP in Singapore from 1990 to present. This broader measure captures shadow banking and non-bank credit channels beyond deposit money banks. It is published by World Bank and updated annually."},{"question":"How current is this data?","answer":"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)."},{"question":"What is the long-term trend?","answer":"The series peaked at 130.6 % of GDP in 2020 and reached its lowest recorded value of 44.9 in 1971. The latest reading of 130.6 in 2020 represents a change of +10.9pp."}]}