Total Credit to Households and Non-Profit Institutions Serving Households, Unadjusted for Breaks, for Singapore
CRDQSGAHUBIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
324.07
Year-over-Year Change
4.14%
Date Range
1/1/1991 - 10/1/2024
Summary
The Total Credit to Households and Non-Profit Institutions Serving Households, Unadjusted for Breaks, for Singapore measures the total outstanding credit borrowed by households and non-profit institutions in Singapore. This trend provides insights into the credit conditions and financial health of the Singapore consumer sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic indicator tracks the total amount of outstanding loans and credit extended to households and non-profit organizations in Singapore. It is a valuable metric for analyzing consumer credit conditions, household debt levels, and the overall financial position of the Singapore population.
Methodology
The data is collected and reported by the Monetary Authority of Singapore.
Historical Context
Policymakers and economists use this trend to assess the Singapore consumer sector's financial leverage and spending power.
Key Facts
- The series measures total outstanding credit, not new credit extended.
- Credit to households makes up a significant portion of total credit in Singapore.
- This trend is an important indicator of the Singapore consumer sector's financial health.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total outstanding credit borrowed by households and non-profit institutions serving households in Singapore.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the credit conditions and financial health of the Singapore consumer sector, which is important for understanding overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Monetary Authority of Singapore.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the Singapore consumer sector's financial leverage and spending power, which informs decisions around monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released with a short lag, and may not be adjusted for structural breaks in the series over time.
Related Trends
Number of Identified Exporters to Singapore from Indiana
INSGPA475SCEN
Fertility Rate, Total for Singapore
SPDYNTFRTINSGP
Number of Identified Exporters to Singapore from Montana
MTSGPA475SCEN
Amount Outstanding of Domestic Debt Securities for General Government Issuers, All Maturities, Residence of Issuer in Singapore
DSAMRIAOGGSG
Value of Exports to Singapore from Wyoming
WYSGPA052SCEN
Value Traded of Top 10 Traded Companies to Total Value Traded for Singapore
DDAM01SGA156NWDB
Citation
U.S. Federal Reserve, Total Credit to Households and Non-Profit Institutions Serving Households, Unadjusted for Breaks, for Singapore (CRDQSGAHUBIS), retrieved from FRED.