Total Credit to Private Non-Financial Sector, Unadjusted for Breaks, for Singapore
CRDQSGAPUBIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,221.76
Year-over-Year Change
3.58%
Date Range
10/1/1963 - 10/1/2024
Summary
The Total Credit to Private Non-Financial Sector, Unadjusted for Breaks, for Singapore is a key economic indicator that measures the total amount of credit extended to private non-financial entities in Singapore's economy.
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 trend represents the overall level of credit and financing available to private businesses and households in Singapore, excluding the public sector. It is a useful gauge of financial conditions and credit market activity in the country.
Methodology
The data is collected and compiled by the Bank for International Settlements (BIS).
Historical Context
This metric is closely monitored by policymakers, central banks, and analysts to assess the health and dynamics of Singapore's credit markets.
Key Facts
- Singapore's private sector credit-to-GDP ratio is over 200%.
- Credit growth has slowed in recent years due to macroprudential measures.
- The trend provides insights into leveraging and financing patterns in the economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total amount of credit extended to private non-financial entities in Singapore, including businesses and households.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of financial conditions and credit market activity in Singapore, providing insights into private sector leveraging and access to financing.
Q: How is this data collected or calculated?
A: The data is collected and compiled by the Bank for International Settlements (BIS).
Q: How is this trend used in economic policy?
A: Policymakers, central banks, and analysts closely monitor this trend to assess the health and dynamics of Singapore's credit markets and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the reporting and publication schedule of the BIS, which may result in occasional delays or limitations in data availability.
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Citation
U.S. Federal Reserve, Total Credit to Private Non-Financial Sector, Unadjusted for Breaks, for Singapore (CRDQSGAPUBIS), retrieved from FRED.