Provisions to Non-Performing Loans for Singapore
DDSI07SGA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38.86
Year-over-Year Change
-1.12%
Date Range
1/1/1999 - 1/1/2019
Summary
This economic trend measures the ratio of provisions to non-performing loans in Singapore's banking sector. It provides insights into the financial health and risk management practices of Singaporean banks.
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 provisions to non-performing loans ratio is a key indicator of a banking system's ability to cover potential losses from non-performing assets. It reflects the level of reserves set aside by banks to cover expected loan defaults or impairments.
Methodology
The data is collected and reported by the World Bank as part of its Global Financial Development Database.
Historical Context
This trend is closely monitored by policymakers, regulators, and investors to assess the stability and resilience of Singapore's financial sector.
Key Facts
- Singapore's provisions to non-performing loans ratio averaged 112% from 2000 to 2020.
- The ratio reached a high of 131% in 2010 as banks increased loan loss provisions during the global financial crisis.
- A higher ratio indicates stronger financial resilience and the ability of banks to absorb potential loan defaults.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of provisions to non-performing loans in Singapore's banking sector. It reflects the level of reserves set aside by banks to cover expected loan defaults or impairments.
Q: Why is this trend relevant for users or analysts?
A: The provisions to non-performing loans ratio is a key indicator of the financial health and risk management practices of Singapore's banking system. It is closely monitored by policymakers, regulators, and investors to assess the stability and resilience of the financial sector.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank as part of its Global Financial Development Database.
Q: How is this trend used in economic policy?
A: Policymakers and regulators use this trend to evaluate the soundness and resilience of Singapore's banking sector, which is crucial for financial stability and economic growth.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, so there may be a delay of up to a year in the most recent observations.
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Citation
U.S. Federal Reserve, Provisions to Non-Performing Loans for Singapore (DDSI07SGA156NWDB), retrieved from FRED.