Singapore - Lending Rate 2021
5.25%
+0.00pp from 2020
Singapore's lending rate was 5.25% in 2021, increased +0.00pp from 5.25% in 2020. This was the 23rd highest globally.
Global Ranking - 2021▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Italy | 2.03% | -13.0% |
| 2nd | Norway | 2.27% | -15.7% |
| 3rd | Switzerland | 2.64% | 0.2% |
| 4th | Korea | 2.88% | 2.9% |
| 5th | Hungary | 2.96% | 51.4% |
| 6th | Thailand | 3.06% | -7.1% |
| 7th | Israel | 3.10% | -6.3% |
| 8th | Bosnia and Herzegovina | 3.20% | 4.2% |
| 9th | Czechia | 3.20% | -4.3% |
| 10th | United States | 3.25% | -8.3% |
| 11th | Malaysia | 3.44% | -12.7% |
| 12th | San Marino | 3.53% | -5.4% |
| 13th | Kuwait | 3.71% | -10.5% |
| 14th | Qatar | 3.85% | -5.8% |
| 15th | Bulgaria | 4.12% | -5.1% |
| 16th | Bahamas, The | 4.25% | 0.0% |
| 17th | China | 4.35% | 0.0% |
| 18th | North Macedonia | 4.86% | -6.5% |
| 19th | Mexico | 4.89% | -22.9% |
| 20th | Hong Kong SAR, China | 5.00% | 0.0% |
| 21st | Solomon Islands | 5.18% | -51.5% |
| 22nd | Botswana | 5.25% | -8.7% |
| 23rd | Singapore | 5.25% | 0.0% |
| 24th | Macao SAR, China | 5.26% | 0.0% |
| 25th | Iceland | 5.40% | -6.2% |
| 26th | Oman | 5.50% | 0.6% |
| 27th | Brunei Darussalam | 5.50% | 0.0% |
| 28th | Costa Rica | 5.51% | -17.0% |
| 29th | West Bank and Gaza | 5.56% | 0.7% |
| 30th | Romania | 5.61% | -13.5% |
| 31st | Montenegro | 5.76% | -2.5% |
| 32nd | Fiji | 5.94% | -3.9% |
| 33rd | Albania | 6.02% | -1.6% |
| 34th | Benin | 6.25% | -4.4% |
| 35th | Burkina Faso | 6.25% | -4.4% |
| 36th | Dominica | 6.30% | -8.7% |
| 37th | Aruba | 6.40% | -5.9% |
| 38th | Grenada | 6.55% | -4.2% |
| 39th | St. Lucia | 6.76% | -5.3% |
| 40th | Namibia | 6.86% | -12.8% |
| 41st | Mauritius | 6.87% | -4.9% |
| 42nd | Panama | 6.94% | -1.0% |
| 43rd | Jordan | 7.02% | -6.2% |
| 44th | South Africa | 7.04% | -8.6% |
| 45th | St. Kitts and Nevis | 7.14% | -6.6% |
| 46th | Russian Federation | 7.18% | 6.0% |
| 47th | Eswatini | 7.25% | -8.9% |
| 48th | Bangladesh | 7.32% | -11.7% |
| 49th | Antigua and Barbuda | 7.39% | -3.8% |
| 50th | Moldova | 7.40% | -9.6% |
| 51st | Trinidad and Tobago | 7.44% | 13.5% |
| 52nd | Uruguay | 7.45% | -33.7% |
| 53rd | Cabo Verde | 7.62% | -7.0% |
| 54th | Papua New Guinea | 7.64% | -0.8% |
| 55th | St. Vincent and the Grenadines | 7.65% | -4.3% |
| 56th | Tonga | 7.76% | -0.9% |
| 57th | Viet Nam | 7.81% | 2.1% |
| 58th | Comoros | 7.88% | -2.7% |
| 59th | Algeria | 8.00% | 0.0% |
| 60th | Bolivia, Plurinational State of | 8.02% | 5.6% |
| 61st | Barbados | 8.05% | 0.0% |
| 62nd | Lesotho | 8.21% | -8.5% |
| 63rd | Belize | 8.44% | -3.4% |
| 64th | Samoa | 8.52% | -2.2% |
| 65th | Pakistan | 8.67% | -19.4% |
| 66th | India | 8.70% | -4.9% |
| 67th | Guyana | 8.88% | -6.2% |
| 68th | Indonesia | 8.92% | -6.5% |
| 69th | Seychelles | 9.16% | -21.1% |
| 70th | Vanuatu | 9.33% | -4.4% |
| 71st | Colombia | 9.34% | -5.2% |
| 72nd | Egypt, Arab Republic of | 9.43% | -17.1% |
| 73rd | Dominican Republic | 9.61% | -12.5% |
| 74th | Nicaragua | 9.62% | -13.9% |
| 75th | Belarus | 10.12% | 12.0% |
| 76th | Peru | 10.98% | -15.1% |
| 77th | Timor-Leste | 11.16% | -21.0% |
| 78th | Nigeria | 11.48% | -15.8% |
| 79th | Jamaica | 11.49% | -4.7% |
| 80th | Maldives | 11.57% | -0.3% |
| 81st | Armenia | 11.76% | 1.2% |
| 82nd | Kenya | 12.08% | 0.7% |
| 83rd | Guatemala | 12.19% | -2.7% |
| 84th | Paraguay | 12.51% | -7.6% |
| 85th | Georgia | 12.51% | 6.0% |
| 86th | Micronesia, Federated States of | 12.62% | -12.8% |
| 87th | Burundi | 12.86% | 5.4% |
| 88th | Ukraine | 13.29% | -7.0% |
| 89th | Haiti | 13.35% | -8.8% |
| 90th | Bhutan | 14.00% | 0.0% |
| 91st | Suriname | 14.89% | 0.6% |
| 92nd | Honduras | 15.97% | -6.1% |
| 93rd | Mongolia | 16.01% | -5.5% |
| 94th | South Sudan | 16.09% | 0.0% |
| 95th | Rwanda | 16.18% | -1.0% |
| 96th | Azerbaijan | 16.43% | -4.4% |
| 97th | Kyrgyz Republic | 16.62% | -2.4% |
| 98th | Mozambique | 18.17% | 6.4% |
| 99th | São Tomé and Principe | 18.49% | -1.8% |
| 100th | Sierra Leone | 18.86% | 5.1% |
| 101st | Angola | 19.40% | -1.3% |
| 102nd | Gambia, The | 19.50% | -30.4% |
| 103rd | Uzbekistan | 21.42% | -4.1% |
| 104th | Congo, Democratic Republic of | 23.29% | -10.3% |
| 105th | Malawi | 23.88% | -1.4% |
| 106th | Brazil | 30.02% | 3.4% |
| 107th | Argentina | 35.56% | 21.0% |
| 108th | Zimbabwe | 45.48% | 37.8% |
| 109th | Madagascar | 48.28% | -1.2% |
FAQ
What was Singapore's lending rate in 2021?▾
Singapore's lending rate in 2021 was 5.25%. This ranked 23rd globally.
How did Singapore's lending rate change in 2021?▾
Singapore's lending rate increased by 0.0% in 2021 compared to 2020.
Which country had the highest lending rate in 2021?▾
Madagascar had the highest lending rate in 2021 at 48.28%.
What is the lending rate of Singapore in 2021?▾
The lending rate of Singapore in 2021 was 5.25%. This ranked 23rd globally.
How does 2021 compare to 2020 for Singapore's lending rate?▾
Singapore's lending rate went from 5.25% in 2020 to 5.25% in 2021, a 0.0% increase.
HistorySaid - pattern alert
Singapore matched the Export Boom Cycle pattern in 2021. Historically: 768 occurrences, 546 successful (71%). Outcome 24 months later: 1.8%. View full analysis →
Related
2020
All years
Full ranking 2021
Deposit Rate
Real Interest Rate
M2 Money Supply Growth
Credit to GDP
Non-Performing Loans
Peak: 1981
Lowest: 2019
Lending Rate 1990s
Lending Rate 2000s
Lending Rate 2010s
Lending Rate 2020s
Highest ever
Lowest ever
Average
vs Norway
vs Iceland
vs Cayman Islands
vs United States
ASEAN Lending Rate
Global Ranking