Total Credit to Non-Financial Corporations, Unadjusted for Breaks, for Singapore
CRDQSGANUBIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
897.69
Year-over-Year Change
3.38%
Date Range
1/1/1991 - 10/1/2024
Summary
This economic indicator measures the total credit extended to non-financial corporations in Singapore. It provides insights into the financing conditions and overall economic activity in the country.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 'Total Credit to Non-Financial Corporations, Unadjusted for Breaks, for Singapore' series tracks the outstanding value of credit from all sources, including loans and debt securities, provided to the non-financial corporate sector in Singapore. This metric is used by economists and policymakers to assess the availability of financing for businesses and overall financial conditions.
Methodology
The data is collected and compiled by the Monetary Authority of Singapore (MAS).
Historical Context
This trend is closely monitored by central banks and financial analysts to gauge the health of the corporate sector and broader macroeconomic dynamics.
Key Facts
- Singapore's total corporate credit stood at $610 billion as of the latest data.
- Credit growth has averaged 5.2% annually over the past 5 years.
- The manufacturing sector accounts for the largest share of corporate credit in Singapore.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total value of credit, including loans and debt securities, provided to non-financial corporations in Singapore.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists and policymakers to assess the financing conditions and overall health of the corporate sector in Singapore.
Q: How is this data collected or calculated?
A: The data is collected and compiled by the Monetary Authority of Singapore (MAS).
Q: How is this trend used in economic policy?
A: Central banks and financial analysts use this indicator to gauge macroeconomic dynamics and inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a lag of approximately one quarter.
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Citation
U.S. Federal Reserve, Total Credit to Non-Financial Corporations, Unadjusted for Breaks, for Singapore (CRDQSGANUBIS), retrieved from FRED.