Private Credit-to-GDP Gap (Quarterly): Singapore

The latest reading SOTW holds for Singapore is -21.98 percentage points of GDP for 2026-Q1, from Bank for International Settlements.

Reviewed series · Credit & Debt · Quarterly · percentage points of GDP · BIS.CREDIT.GAP.Q · SGP

Published private credit-to-GDP ratio minus its one-sided Hodrick-Prescott-filtered long-run trend. Displayed in percentage points of GDP, not a percentage growth rate. BIS gaps can differ from national authorities' countercyclical-buffer gaps. This statistical measure alone is not a crisis prediction or investment recommendation. BIS statistics are freely sourced and their inclusion must not result in any additional charge to users. BIS attribution is required; resale is not permitted by SOTW's rights policy. Collection time is not the original publication timestamp. Source dimensions, unit multipliers, confidentiality and observation flags are retained. Terms: https://data.bis.org/help/legal

This is a reviewed series. Open it in the interactive economic data explorer to choose dates, compare countries and see its source evidence and recorded history.

Latest
-21.98
percentage points of GDP · 2026-Q1
Previous
-19.76
percentage points of GDP · 2025-Q4
Earliest held
-2.11
percentage points of GDP · 2000-Q1
Readings shown
105
Every reading SOTW holds

Singapore · history

percentage points of GDP · Quarterly

Source: Bank for International Settlements. Viewer read 2026-11-12T10:00:43.859Z (UTC); publisher acquisition and release times are not supplied here. Original units; no interpolation, rebasing or conversion. Missing periods and stored U/B flags interrupt the line. Daily gaps can include non-business days.

Readings, newest first

Private Credit-to-GDP Gap (Quarterly): Singapore: 105 readings, newest first. Source: Bank for International Settlements.
PeriodValue (percentage points of GDP)
2026-Q1-21.98
2025-Q4-19.76
2025-Q3-26.69
2025-Q2-30.63
2025-Q1-31.78
2024-Q4-36.54
2024-Q3-37.92
2024-Q2-31.45
2024-Q1-32.50
2023-Q4-29.95
2023-Q3-32.62
2023-Q2-33.52
2023-Q1-45.95
2022-Q4-44.60
2022-Q3-45.24
2022-Q2-40.82
2022-Q1-26.94
2021-Q4-14.19
2021-Q3-5.37
2021-Q26.98
2021-Q111.95
2020-Q421.24
2020-Q316.08
2020-Q213.64
2020-Q18.38
2019-Q47.63
2019-Q32.28
2019-Q22.76
2019-Q10.30
2018-Q40.42
2018-Q30.99
2018-Q23.90
2018-Q13.62
2017-Q47.84
2017-Q36.65
2017-Q210.80
2017-Q18.91
2016-Q413.50
2016-Q317.89
2016-Q219.84
2016-Q120.15
2015-Q423.20
2015-Q321.04
2015-Q223.74
2015-Q122.64
2014-Q427.96
2014-Q331.55
2014-Q228.76
2014-Q126.17
2013-Q426.44
2013-Q324.55
2013-Q223.36
2013-Q121.82
2012-Q417.24
2012-Q313.20
2012-Q27.06
2012-Q16.54
2011-Q46.01
2011-Q34.82
2011-Q25.34
2011-Q11.16
2010-Q4-6.01
2010-Q3-7.76
2010-Q2-10.22
2010-Q1-4.22
2009-Q41.77
2009-Q31.82
2009-Q21.21
2009-Q1-0.13
2008-Q42.41
2008-Q3-0.71
2008-Q2-4.19
2008-Q1-7.01
2007-Q4-14.58
2007-Q3-20.81
2007-Q2-18.39
2007-Q1-21.08
2006-Q4-22.07
2006-Q3-19.41
2006-Q2-17.28
2006-Q1-16.76
2005-Q4-15.47
2005-Q3-17.29
2005-Q2-15.95
2005-Q1-15.32
2004-Q4-12.82
2004-Q3-10.77
2004-Q2-5.68
2004-Q1-0.75
2003-Q46.45
2003-Q36.83
2003-Q28.46
2003-Q11.20
2002-Q44.54
2002-Q38.05
2002-Q29.06
2002-Q110.24
2001-Q412.17
2001-Q34.23
2001-Q20.09
2001-Q1-2.20
2000-Q4-3.96
2000-Q3-2.99
2000-Q2-1.08
2000-Q1-2.11

Source: Bank for International Settlements. All 105 readings held, 2000-Q1 to 2026-Q1. n/a means the source value is missing or withheld.

More

Source: Bank for International Settlements (BIS), Credit-to-GDP gaps, https://data.bis.org/topics/CREDIT_GAPS. BIS statistics provided free of any additional charge; no BIS endorsement or affiliation is implied.

Licence: bis-terms-no-charge. Available for public reading; resale has not been cleared. Publisher page: https://data.bis.org/topics/CREDIT_GAPS