🇸🇬 Singapore Lending interest rate
Singapore Lending interest rate was 5.25 in 2021, up 0.0% from 2020, according to World Bank data. The 10-year average is 5.32. Historical data available from 1978 to 2021 (44 data points). The all-time high was 13.64 in 1981.
Source: World Bank World Development Indicators • 1978–2021 • 44 data points • Financial Sector
Latest Value
5.25
2021
Year-on-Year
+0.0%
vs 2020
10-Year Average
5.32
2012–2021
Range
High: 13.64 (1981)
Low: 5.25 (2019)
Singapore Lending interest rate (%) — 1978 to 2021
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About this Indicator
Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.
Historical Data Table
| Year | Value |
|---|---|
| 2021 | 5.25 |
| 2020 | 5.25 |
| 2019 | 5.25 |
| 2018 | 5.33 |
| 2017 | 5.28 |
| 2016 | 5.35 |
| 2015 | 5.35 |
| 2014 | 5.35 |
| 2013 | 5.38 |
| 2012 | 5.38 |
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<iframe src="https://nationstat.com/country/singapore/lending-interest-rate" width="800" height="500" frameborder="0"></iframe>Compare with Other Countries
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