Private Sector Credit in Singapore increased to 608126.70 SGD Million in August from 606359.50 SGD Million in July of 2019. Private Sector Credit in Singapore averaged 261129.16 SGD Million from 1991 until 2019, reaching an all time high of 613501.70 SGD Million in June of 2019 and a record low of 56535 SGD Million in January of 1991.
Private Sector Credit in Singapore is expected to be 612000.00 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 613000.00 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.