Bank loans per capita rose 1.32% to USD 66,728 in Singapore in 2016, according to the National Central Bank.
Historically, bank loans per capita in Singapore reached an all time high of USD 70,430 in 2014 and an all time low of USD 23,787 in 2005. When compared to Singapore's main peers, bank loans per capita in Indonesia amounted to USD 1,270 , USD 11,035 in Malaysia, USD 1,328 in Philippines and USD 5,106 in Thailand in 2016.
Singapore has been ranked 5th within the group of 117 countries we follow in terms of bank loans per capita, 17 places above the position seen 10 years ago.
Bank Loans Per Capita (USD) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Australia | USD | 88,774 | 90,689 | ... | ... | ... | ... | ... | ||||||||||||||
Cambodia | USD | ... | ... | ... | ... | ... | ... | ... | ... | ... | 912 | 1,027 | 1,247 | ... | 1,876 | |||||||
China | USD | ... | ... | 11,667 | 12,057 | 14,317 | 11,157 | 12,686 | ||||||||||||||
Indonesia | USD | ... | ... | ... | 1,171 | 1,270 | 1,358 | 1,392 | 1,534 | |||||||||||||
Laos | USD | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Malaysia | USD | ... | ... | ... | 11,085 | 11,035 | 12,566 | 12,659 | 13,140 | |||||||||||||
Myanmar | USD | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Philippines | USD | ... | ... | ... | 1,217 | 1,328 | 1,530 | 1,583 | 1,773 | |||||||||||||
Singapore | USD | ... | ... | ... | 65,857 | 66,728 | 242,103 | 248,338 | 253,664 | ... | ... | |||||||||||
Taiwan | USD | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Thailand | USD | 4,926 | 5,106 | 6,138 | ... | 6,599 | ||||||||||||||||
Vietnam | USD | 1,992 | 2,353 | 2,741 | 3,046 | 3,409 | ... |