Bank Non-Performing Loans to Gross Loans for Singapore

DDSI02SGA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.31

Year-over-Year Change

-12.91%

Date Range

1/1/1999 - 1/1/2019

Summary

The Bank Non-Performing Loans to Gross Loans for Singapore metric measures the percentage of a country's total gross loans that are non-performing. This statistic is a key indicator of the health of a nation's banking 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 indicator represents the ratio of a country's bank loans that are non-performing, meaning the borrower has failed to make scheduled payments for at least 90 days. It provides insight into the stability and risk profile of a country's financial system.

Methodology

The data is collected and reported by the World Bank from national banking regulators.

Historical Context

Policymakers and analysts use this metric to assess the resilience of a country's banking system and overall economic conditions.

Key Facts

  • Singapore's bank non-performing loans were 1.4% of total loans in 2021.
  • This ratio has remained below 2% since 2015, indicating a stable banking sector.
  • The global financial crisis in 2008-2009 saw Singapore's non-performing loans peak at over 4%.

FAQs

Q: What does this economic trend measure?

A: The Bank Non-Performing Loans to Gross Loans for Singapore metric measures the percentage of a country's total gross loans that are non-performing, meaning the borrower has failed to make scheduled payments for at least 90 days.

Q: Why is this trend relevant for users or analysts?

A: This indicator provides insight into the stability and risk profile of a country's financial system, which is crucial information for policymakers, investors, and economists analyzing economic conditions.

Q: How is this data collected or calculated?

A: The data is collected and reported by the World Bank from national banking regulators.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this metric to assess the resilience of a country's banking system and overall economic conditions, informing decisions around financial regulation and macroeconomic policy.

Q: Are there update delays or limitations?

A: The data is published annually with a delay, so it may not reflect the most recent conditions in the banking sector.

Related Trends

Citation

U.S. Federal Reserve, Bank Non-Performing Loans to Gross Loans for Singapore (DDSI02SGA156NWDB), retrieved from FRED.