Singapore Private Sector Credit - Forecast

Private Sector Credit in Singapore is expected to be 587000.00 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 603500.00 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.


Singapore Private Sector Credit
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Singapore Consumer Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Retail Sales MoM 0.1 0.2 1.5 0.2 -0.3 -0.5
Retail Sales YoY 0.1 1.9 3.5 -1.7 1.6 3
Consumer Spending 36218 37513 38535 37088 37043 39974
Private Sector Credit 584937 587000 590000 601000 603500 634000
Bank Lending Rate 5.33 5.29 5.39 5.49 5.49 5.49
Households Debt To Gdp 58.7 58.4 58.2 58.9 59.2 60
Gasoline Prices 1.65 1.56 1.48 1.39 1.32 0.74