Singapore Money Supply M2 - Forecast

Money Supply M2 in Singapore is expected to be 595513.24 SGD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Money Supply M2 in Singapore to stand at 612687.45 in 12 months time. In the long-term, the Singapore Money Supply M2 is projected to trend around 671429.03 SGD Million in 2020, according to our econometric models.


Singapore Money Supply M2
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Singapore Money Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Interest Rate 1.12 1.5 1.3 1.4 1.5 1.5
Interbank Rate 1.52 1.9 1.7 1.8 1.9 1.9
Money Supply M0 43836 44510 45344 46189 47033 56143
Money Supply M1 190602 192410 195340 198218 201043 228944
Money Supply M2 591636 595513 601312 607028 612687 671429
Money Supply M3 604248 608184 614166 620049 625866 685818
Foreign Exchange Reserves 385144 386306 390015 393341 396654 432945
Banks Balance Sheet 1267520 1234000 1286544 1260000 1290008 1410000
Loans to Private Sector 667136 636000 684757 638000 702982 654000
Deposit Interest Rate 0.14 0.52 0.32 0.42 0.52 0.52
Central Bank Balance Sheet 393222 394234 397576 400000 398130 420000