Total Credit — Value US$ in Singapore

Singapore: Total Credit — Value US$ was 624,838 million USD in 2024. ◆ Volatile

Latest (2024)
624,838 million USD
Change on year
up 5.7%
World rank
18th
of 166 countries
All-time high
624,838 million USD
in 2024
All-time low
37,052 million USD
in 1991
Years of data
34
1991–2024

Total Credit — Value US$ in Singapore, 1991–2024

0200.0k400.0k600.0k1991200720241991: 37.1k million USD1992: 42.4k million USD1993: 48.6k million USD1994: 59.6k million USD1995: 76.9k million USD1996: 90.1k million USD1997: 96.5k million USD1998: 90.6k million USD1999: 86.8k million USD2000: 89.4k million USD2001: 90.9k million USD2002: 90.1k million USD2003: 98.4k million USD2004: 106.0k million USD2005: 110.0k million USD2006: 122.5k million USD2007: 154.9k million USD2008: 192.4k million USD2009: 193.4k million USD2010: 236.7k million USD2011: 334.3k million USD2012: 392.7k million USD2013: 458.9k million USD2014: 479.2k million USD2015: 436.2k million USD2016: 446.9k million USD2017: 472.1k million USD2018: 498.0k million USD2019: 507.6k million USD2020: 491.9k million USD2021: 607.3k million USD2022: 590.1k million USD2023: 591.0k million USD2024: 624.8k million USD

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

The most recent figure for total credit — value us$ in Singapore is 624,838 million USD, measured in 2024. That is the highest value across all 34 years on record.

The figure is up 5.7% on the previous year and up 30.4% over ten years.

Over the whole period, total credit — value us$ in Singapore peaked at 624,838 million USD in 2024 and was at its lowest, 37,052 million USD, in 1991.

That places Singapore 18th out of 166 countries with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Total Credit — Value US$ in Singapore, year by year

Annual values for Total Credit — Value US$ in Singapore, 1991 to 2024.
Year million USD Change
1991 37,052 million USD —
1992 42,443 million USD +14.6%
1993 48,611 million USD +14.5%
1994 59,560 million USD +22.5%
1995 76,884 million USD +29.1%
1996 90,060 million USD +17.1%
1997 96,473 million USD +7.1%
1998 90,608 million USD -6.1%
1999 86,837 million USD -4.2%
2000 89,354 million USD +2.9%
2001 90,930 million USD +1.8%
2002 90,073 million USD -0.9%
2003 98,407 million USD +9.3%
2004 105,955 million USD +7.7%
2005 110,015 million USD +3.8%
2006 122,471 million USD +11.3%
2007 154,863 million USD +26.4%
2008 192,369 million USD +24.2%
2009 193,396 million USD +0.5%
2010 236,701 million USD +22.4%
2011 334,285 million USD +41.2%
2012 392,667 million USD +17.5%
2013 458,942 million USD +16.9%
2014 479,224 million USD +4.4%
2015 436,242 million USD -9.0%
2016 446,852 million USD +2.4%
2017 472,098 million USD +5.6%
2018 498,009 million USD +5.5%
2019 507,566 million USD +1.9%
2020 491,921 million USD -3.1%
2021 607,329 million USD +23.5%
2022 590,072 million USD -2.8%
2023 591,045 million USD +0.2%
2024 624,838 million USD +5.7%

Singapore compared with similar countries

  • Singapore's 624,838 million USD is above the median for high income countries, which is 78,085 million USD, 8.0× the median. (52 countries reporting)
  • Singapore's 624,838 million USD is above the median for East Asia & Pacific, which is 41,209 million USD, 15.2× the median. (17 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 69,836 million USD 37,052 million USD 96,473 million USD 9
2000s 124,783 million USD 89,354 million USD 193,396 million USD 10
2010s 426,259 million USD 236,701 million USD 507,566 million USD 10
2020s 581,041 million USD 491,921 million USD 624,838 million USD 5

Countries ranked near Singapore

  1. 15 Timor-Leste 439.9 million USD compare
  2. 15 United Kingdom of Great Britain and Northern Ireland 687,781 million USD compare
  3. 16 Norway 668,158 million USD compare
  4. 17 Saudi Arabia 661,765 million USD compare
  5. 19 Denmark 587,924 million USD compare
  6. 20 New Zealand 586,042 million USD compare
  7. 21 Thailand 514,569 million USD compare

See the full ranking of 210 places →

More agriculture & rural data for Singapore

All data for Singapore →

Frequently asked questions

What is total credit — value us$ in Singapore?
Total credit — value us$ in Singapore was 624,838 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest total credit — value us$ recorded in Singapore?
The highest recorded value was 624,838 million USD in 2024.
What is the lowest total credit — value us$ recorded in Singapore?
The lowest recorded value was 37,052 million USD in 1991.
How does Singapore rank for total credit — value us$?
Singapore ranks 18th out of 166 countries with data for 2024.
Is total credit — value us$ rising or falling in Singapore?
Over the last ten years it is up 30.4%. The long-run trend across the full record is volatile.
Where does this Singapore data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Credit — Value US$. Statizoid updates them automatically from the source API.

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Total Credit — Value US$ in Singapore. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 26 September 2026, from https://agriculture.statizoid.com/stat/total-credit-value-us/singapore/

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About this data

Indicator
Total Credit — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
210 places, 5,166 data points, 1991–2024
Last refreshed

Credit to agriculture measures the amount of loans and advances given by the banking sector to farmers, rural households, agricultural cooperatives, or any other agri-related businesses. Each country’s central bank compiles its credit stocks by economic activities as part of its monetary and financial statistics publications via annual or quarterly reports online. Data collection has been carried out mostly through reports found on the central bank websites. Data are collected and compiled according to the International Standard Industrial Classification of All Economic Activities (ISIC Rev. 4: https://unstats.un.org/unsd/classifications/Econ/isic) with a special concentration on the credit to agriculture, forestry and fishing sector separately from the ones to manufacturing and services.