Singapore Non-Performing Loans
Bank nonperforming loans as % of total gross loans FB.AST.NPER.ZS
Singapore's non-performing loans was 1.31% in 2019, ranked 16th globally. This represents a 0.2% decrease from 2018. Data from World Bank, covering 2008–2019.
Overview
Singapore's non-performing loans stood at 1.31% in 2019, a decline of +0.00pp from 2018. Singapore ranked 16th globally.
Singapore's Non-Performing Loans (NPLs) have demonstrated a stable trend over the past decade, with a fluctuation of 1.43% in 2008, peaking at 2.03% in 2009, and troughing at 0.76% in 2014. Following a gradual increase, the NPLs rate stabilized at 1.31% in 2019, ranking 16th globally. This stability is notable when compared to other developed economies, such as Japan, which had an NPLs rate of 1.11% in 2019. Denmark's NPLs rate of 1.37% in 2019 is also comparable to Singapore's. Notably, Singapore's NPLs rate has been trending downwards since 2014, indicating a reduction in bad loans. However, a significant economic downturn or a major financial crisis could potentially disrupt this trend, leading to an increase in NPLs.
Data & projection
| Year | Non-Performing Loans | YoY change | Rank |
|---|---|---|---|
| 2019 | 1.31% | −0.00pp | #16 |
| 2018 | 1.31% | −0.09pp | #18 |
| 2017 | 1.40% | +0.18pp | #19 |
| 2016 | 1.22% | +0.30pp | #15 |
| 2015 | 0.92% | +0.17pp | #10 |
| 2014 | 0.76% | −0.11pp | #8 |
| 2013 | 0.87% | −0.18pp | #10 |
| 2012 | 1.04% | −0.02pp | #10 |
| 2011 | 1.06% | −0.35pp | #11 |
| 2010 | 1.41% | −0.63pp | #13 |
| 2009 | 2.03% | +0.61pp | #12 |
| 2008 | 1.43% | – | #7 |
Detected Pattern
Analysis
Singapore matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw non-performing loans improve within 24 months. View full analysis →
Frequently Asked Questions
Singapore's non-performing loans was 1.31% in 2019. Ranked 16th globally. This represents a 0.2% decrease from the previous year.
Singapore's non-performing loans peaked at 2.03% in 2009.
The lowest non-performing loans in Singapore was 0.76% in 2014.
Singapore ranks 16th globally in non-performing loans as of 2019.
The World Bank indicator code is FB.AST.NPER.ZS. Data sourced from World Bank.
The non-performing loans of Singapore in 2019 was 1.31%. This ranks 16th in the world.
Cite this page
@misc{historysaid_singapore_non-performing-loans,
title = {Singapore Non-Performing Loans},
url = {https://historysaid.com/singapore/non-performing-loans/},
publisher = {HistorySaid},
year = {2026}
}