Singapore - Interest rate spread
Interest rate spread (lending rate minus deposit rate, %)
The value for Interest rate spread (lending rate minus deposit rate, %) in Singapore was 5.13 as of 2021. As the graph below shows, over the past 43 years this indicator reached a maximum value of 5.24 in 2012 and a minimum value of 2.30 in 1979.
Definition: Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.
Source: International Monetary Fund, International Financial Statistics and data files.
See also:
| Year | Value |
|---|---|
| 1978 | 2.42 |
| 1979 | 2.30 |
| 1980 | 2.35 |
| 1981 | 2.94 |
| 1982 | 3.01 |
| 1983 | 2.74 |
| 1984 | 2.74 |
| 1985 | 3.07 |
| 1986 | 2.91 |
| 1987 | 3.21 |
| 1988 | 3.23 |
| 1989 | 3.00 |
| 1990 | 2.69 |
| 1991 | 2.95 |
| 1992 | 3.08 |
| 1993 | 3.09 |
| 1994 | 2.88 |
| 1995 | 2.87 |
| 1996 | 2.85 |
| 1997 | 2.85 |
| 1998 | 2.84 |
| 1999 | 4.12 |
| 2000 | 4.12 |
| 2001 | 4.13 |
| 2002 | 4.48 |
| 2003 | 4.80 |
| 2004 | 4.90 |
| 2005 | 4.86 |
| 2006 | 4.74 |
| 2007 | 4.80 |
| 2008 | 4.96 |
| 2009 | 5.09 |
| 2010 | 5.17 |
| 2011 | 5.21 |
| 2012 | 5.24 |
| 2013 | 5.24 |
| 2014 | 5.21 |
| 2015 | 5.18 |
| 2016 | 5.16 |
| 2017 | 5.14 |
| 2018 | 5.17 |
| 2019 | 5.05 |
| 2020 | 5.07 |
| 2021 | 5.13 |
Classification
Topic: Financial Sector Indicators
Sub-Topic: Interest rates
