Total Credit to Non-Financial Corporations, Adjusted for Breaks, for Singapore
QSGNAM770A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
122.80
Year-over-Year Change
-17.08%
Date Range
1/1/1991 - 10/1/2024
Summary
This economic trend measures the total credit extended to non-financial corporations in Singapore, adjusted for statistical breaks. It provides insights into business and investment 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, Adjusted for Breaks, for Singapore tracks the overall level of credit and financing available to businesses outside the financial sector. This metric is used by economists and policymakers to assess the health and growth of the private sector.
Methodology
The data is compiled by the Monetary Authority of Singapore based on reports from financial institutions.
Historical Context
This trend is relevant for understanding the financing conditions and investment climate for companies in Singapore.
Key Facts
- Singapore is a major financial hub in Asia.
- Business credit levels reflect economic activity.
- Adjustments are made to account for statistical changes.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total amount of credit extended to non-financial corporations in Singapore, adjusted to account for any statistical breaks or methodological changes over time.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the financing conditions and investment climate for businesses in Singapore, which is an important indicator of overall economic health and growth potential.
Q: How is this data collected or calculated?
A: The data is compiled by the Monetary Authority of Singapore based on reports from financial institutions operating in the country.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this trend to assess the availability of credit and investment capital for the private sector, which informs decisions around monetary policy, financial regulation, and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published regularly by the Monetary Authority of Singapore, but there may be some delays in reporting or adjustments made to account for changes in data collection or methodology over time.
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Citation
U.S. Federal Reserve, Total Credit to Non-Financial Corporations, Adjusted for Breaks, for Singapore (QSGNAM770A), retrieved from FRED.