Singapore Private Sector Credit  Forecast


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Private Sector Credit in Singapore is expected to be 566467.04 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 567995.63 in 12 months time. In the long-term, the Singapore Private Sector Credit is projected to trend around 563344.89 SGD Million in 2020, according to our econometric models.


Singapore Consumer Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Retail Sales MoM -4.2 -1.1 -0.6 -0.6 0.46 -0.5
Retail Sales YoY -0.5 3.3 2.9 1.8 3.51 2.65
Consumer Spending 35321 34488 35100 35100 34439 34260
Private Sector Credit 564865 566467 567517 567954 567996 563345
Bank Lending Rate 5.28 4.75 4.75 4.5 5.51 3.25
Households Debt To Gdp 60.5 60.7 59.07 58.75 58.45 63
Gasoline Prices 1.57 1.51 1.4 1.37 1.37 1.36