Private Sector Credit in Singapore increased to 597746.40 SGD Million in October from 595388.60 SGD Million in September of 2018. Private Sector Credit in Singapore averaged 250820.86 SGD Million from 1991 until 2018, reaching an all time high of 597746.40 SGD Million in October of 2018 and a record low of 56535 SGD Million in January of 1991.
Private Sector Credit in Singapore is expected to be 590000.00 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 607000.00 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.