Singapore Private Sector Credit  Forecast


Singapore Private Sector Credit
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Private Sector Credit in Singapore is expected to be 584899.78 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 592591.33 in 12 months time. In the long-term, the Singapore Private Sector Credit is projected to trend around 590744.23 SGD Million in 2020, according to our econometric models.


Singapore Consumer Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Retail Sales MoM 5.1 -0.6 -0.6 0.47 1.5 -0.5
Retail Sales YoY 5.3 2.9 1.8 3.28 3.5 2.65
Consumer Spending 35321 35100 35100 35806 35844 35804
Private Sector Credit 575354 584900 588974 591324 592591 590744
Bank Lending Rate 5.28 4.75 4.5 5.45 4.25 3.25
Households Debt To Gdp 60.7 60.37 60.23 60.07 61 63
Gasoline Prices 1.62 1.62 1.62 1.57 1.58 1.36