Private Sector Credit in Singapore increased to 605775.60 SGD Million in March from 602884.20 SGD Million in February of 2019. Private Sector Credit in Singapore averaged 256001.76 SGD Million from 1991 until 2019, reaching an all time high of 605775.60 SGD Million in March of 2019 and a record low of 56535 SGD Million in January of 1991.
Private Sector Credit in Singapore is expected to be 603500.00 SGD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Private Sector Credit in Singapore to stand at 612000.00 in 12 months time. In the long-term, the Singapore Private Sector Credit is projected to trend around 634000.00 SGD Million in 2020, according to our econometric models.