Credit to Government and State-Owned Enterprises to GDP for Singapore
DDEI08SGA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36.52
Year-over-Year Change
50.02%
Date Range
1/1/1980 - 1/1/2020
Summary
This economic trend measures the total credit provided to the government and state-owned enterprises as a percentage of Singapore's gross domestic product (GDP). It is an important indicator of the government's role and influence in the national economy.
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 'Credit to Government and State-Owned Enterprises to GDP' series tracks the flow of credit from financial institutions and markets to the public sector in Singapore. This metric provides insights into the scale of government intervention and state participation in the economy.
Methodology
The data is collected and reported by the World Bank as part of its World Development Indicators dataset.
Historical Context
Economists and policymakers use this trend to analyze the size and role of the public sector in Singapore's economic development.
Key Facts
- Singapore has one of the highest shares of state-owned enterprises globally.
- Credit to the public sector in Singapore has hovered around 30-35% of GDP in recent years.
- The government plays a central role in directing investment and economic development in Singapore.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total credit provided to the government and state-owned enterprises as a percentage of Singapore's gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the scale of government intervention and state participation in the Singaporean economy, which is an important factor for economists and policymakers to consider.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank as part of its World Development Indicators dataset.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to analyze the size and role of the public sector in Singapore's economic development and guide their policy decisions.
Q: Are there update delays or limitations?
A: The World Bank updates this data series on an annual basis, so there may be a delay of up to a year in the most recent figures.
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Citation
U.S. Federal Reserve, Credit to Government and State-Owned Enterprises to GDP for Singapore (DDEI08SGA156NWDB), retrieved from FRED.