Consumer Spending in Singapore decreased to 32250.50 SGD Million in the second quarter of 2020 from 43715.20 SGD Million in the first quarter of 2020.

Consumer Spending in Singapore averaged 20395.97 SGD Million from 1975 until 2020, reaching an all time high of 45597.80 SGD Million in the third quarter of 2019 and a record low of 4470.60 SGD Million in the first quarter of 1975. This page provides - Singapore Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore Consumer Spending - values, historical data and charts - was last updated on September of 2020. source: Statistics Singapore

Consumer Spending in Singapore is expected to be 45142.00 SGD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Singapore to stand at 34024.00 in 12 months time. In the long-term, the Singapore Consumer Spending is projected to trend around 48118.00 SGD Million in 2021 and 49128.00 SGD Million in 2022, according to our econometric models.

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Singapore Consumer Spending

Actual Previous Highest Lowest Dates Unit Frequency
32250.50 43715.20 45597.80 4470.60 1975 - 2020 SGD Million Quarterly
Constant Prices 2010, SA

Singapore Consumer Last Previous Highest Lowest Unit
Retail Sales MoM 27.40 50.70 50.70 -31.30 percent [+]
Retail Sales YoY -8.50 -27.70 50.70 -52.00 percent [+]
Consumer Spending 32250.50 43715.20 45597.80 4470.60 SGD Million [+]
Private Sector Credit 615949.90 615904.20 618733.00 56535.00 SGD Million [+]
Bank Lending Rate 5.25 5.25 14.98 5.25 percent [+]
Households Debt To GDP 51.10 51.80 59.30 21.80 percent of GDP [+]
Gasoline Prices 1.43 1.42 1.80 0.61 USD/Liter [+]