The benchmark interest rate in Singapore was last recorded at 1.78 percent. This dataset provides the latest reported value for - Singapore Average Overnight Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Deposit Interest Rate in Singapore remained unchanged at 0.12 percent in June from 0.12 percent in May of 2021. This dataset includes a chart with historical data for Deposit Interest Rate in Singapore.

Key information about Singapore Long Term Interest Rate

• Singapore Government Securities: Yield: Month End: 10 Years was reported at 2.74 % pa in Feb 2025, compared with 2.92 % pa in the previous month.
• Singapore Long Term Interest Rate data is updated monthly, available from Jun 1998 to Feb 2025.
• The data reached an all-time high of 5.69 % pa in Aug 1998 and a record low of 0.81 % pa in Oct 2020.
• Long Term Interest Rate is reported by reported by Monetary Authority of Singapore.

• In the latest reports, Singapore SIBOR: SGD: Month End: 3 Months was reported at 3.30 % pa in Nov 2024.
• The cash rate (Policy Rate: Month Avg: Singapore: Overnight Rate) was set at 4.00 % pa in Jun 2023.
• Singapore Exchange Rate against USD averaged 1.35 (USD/SGD) in Jun 2023.

In 2021, the real interest rate in Singapore amounted to -4.55 percent. Between 1978 and 2021, the figure dropped by 7.56 percentage points, though the decline followed an uneven course rather than a steady trajectory.

Real interest rate (%) in Singapore was reported at --5.1197 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Singapore - Real interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

Key information about Singapore Policy Rate

• Singapore cash rate (Policy Rate: Month Avg: Singapore: Overnight Rate) was set at 4.00 % pa in Jun 2023, compared with 3.72 % pa in the previous May 2023.
• Singapore Policy Rate averaged 0.40 % pa and is updated monthly, available from Jul 2005 to Jun 2023.
• The data reached an all-time high of 4.39 % pa in Sep 2022 and a record low of 0.02 % pa in Jul 2011.

• In the latest reports, Singapore SIBOR: SGD: Month End: 3 Months was reported at 4.09 % pa in Jun 2023.
• Its Long Term Interest Rate (Government Securities: Yield: Month End: 10 Years) was reported at 3.08 % pa in Jun 2023.
• Singapore Exchange Rate against USD averaged 1.35 (USD/SGD) in Jun 2023.
• Its Real Effective Exchange Rate was 131.63 in May 2023.

Lending interest rate (%) in Singapore was reported at 5.25 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Singapore - Lending interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

Key information about Singapore Short Term Interest Rate

• Singapore SIBOR: SGD: Month End: 3 Months was reported at 3.30 % pa in Nov 2024, compared with 3.30 % pa in the previous month.
• Singapore Short Term Interest Rate data is updated monthly, available from Oct 1995 to Nov 2024.
• The data reached an all-time high of 7.81 % pa in Jan 1998 and a record low of 0.35 % pa in Aug 2011.
• Short Term Interest Rate is reported by reported by The Association of Banks in Singapore.

• In the latest reports, Singapore Government Securities: Yield: Month End: 10 Years was reported at 2.74 % pa in Nov 2024.
• The cash rate (Policy Rate: Month Avg: Singapore: Overnight Rate) was set at 4.00 % pa in Jun 2023.
• Singapore Exchange Rate against USD averaged 1.35 (USD/SGD) in Jun 2023.

In 2020, the interest rate on bank savings deposits in Singapore was **** percent. This rate gradually increased, reaching **** percent in 2017, before declining to the lowest level observed over the last year of the measured period.

Bank deposit interest rate, percent in Singapore, March, 2025 The most recent value is 2.05 percent as of March 2025, a decline compared to the previous value of 2.15 percent. Historically, the average for Singapore from January 2000 to March 2025 is 0.8 percent. The minimum of 0.29 percent was recorded in January 2012, while the maximum of 2.46 percent was reached in January 2000. | TheGlobalEconomy.com

Interest rate spread (lending rate minus deposit rate, %) in Singapore was reported at 5.1283 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Singapore - Interest rate spread (lending rate minus deposit rate, %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Singapore Housing Loan Rate for 15 Years: 10 Finance Co Average data was reported at 3.160 % pa in Sep 2018. This stayed constant from the previous number of 3.160 % pa for Aug 2018. Singapore Housing Loan Rate for 15 Years: 10 Finance Co Average data is updated monthly, averaging 6.160 % pa from Jan 1983 (Median) to Sep 2018, with 429 observations. The data reached an all-time high of 12.420 % pa in Jan 1983 and a record low of 2.870 % pa in Jul 2013. Singapore Housing Loan Rate for 15 Years: 10 Finance Co Average data remains active status in CEIC and is reported by Monetary Authority of Singapore. The data is categorized under Global Database’s Singapore – Table SG.M001: Lending Rate.

In June 2025, global inflation rates and central bank interest rates showed significant variation across major economies. Most economies initiated interest rate cuts from mid-2024 due to declining inflationary pressures. The U.S., UK, and EU central banks followed a consistent pattern of regular rate reductions throughout late 2024. In the first half of 2025, Russia maintained the highest interest rate at 20 percent, while Japan retained the lowest at 0.5 percent. Varied inflation rates across major economies The inflation landscape varies considerably among major economies. China had the lowest inflation rate at 0.1 percent in June 2025. In contrast, Russia maintained a high inflation rate of 9.4 percent. These figures align with broader trends observed in early 2025, where China had the lowest inflation rate among major developed and emerging economies, while Russia's rate remained the highest. Central bank responses and economic indicators Central banks globally implemented aggressive rate hikes throughout 2022-23 to combat inflation. The European Central Bank exemplified this trend, raising rates from 0 percent in January 2022 to 4.5 percent by September 2023. A coordinated shift among major central banks began in mid-2024, with the ECB, Bank of England, and Federal Reserve initiating rate cuts, with forecasts suggesting further cuts through 2025 and 2026.

Graph and download economic data for Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for United States (IRLTLT01USM156N) from Apr 1953 to Jun 2025 about long-term, 10-year, bonds, yield, government, interest rate, interest, rate, and USA.

In 2021, the deposit interest rate in Singapore stood at 0.12 percent. Between 1977 and 2021, the figure dropped by 3.94 percentage points, though the decline followed an uneven course rather than a steady trajectory.

Key information about Singapore Bank Lending Rate

• Singapore Bank Lending Rate was reported at 5.250 % pa in Jun 2021.
• This stayed constant from the previous number of 5.250 % pa for May 2021.
• Singapore Bank Lending Rate data is updated monthly, averaging 5.800 % pa from Jan 1978 to Jun 2021, with 521 observations.
• The data reached an all-time high of 14.980 % pa in Oct 1981 and a record low of 5.250 % pa in Jun 2021.
• Singapore Bank Lending Rate data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Bank Lending Rate: Monthly.

Interbank Rate in Singapore remained unchanged at 3.30 percent on Tuesday December 31. This dataset provides - Singapore Three Month Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Singapore SG: Lending Interest Rate data was reported at 5.280 % pa in 2017. This records a decrease from the previous number of 5.350 % pa for 2016. Singapore SG: Lending Interest Rate data is updated yearly, averaging 5.856 % pa from Dec 1978 (Median) to 2017, with 40 observations. The data reached an all-time high of 13.645 % pa in 1981 and a record low of 5.280 % pa in 2017. Singapore SG: Lending Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Singapore – Table SG.World Bank.WDI: Interest Rates. Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files.; ;

In 2020, the prime lending rate by banks in Singapore was at **** percent. This is the same figure as the previous year, after the slight decrease of **** percent compared to 2018.

The yield on Singapore 10Y Bond Yield eased to 1.95% on August 12, 2025, marking a 0.01 percentage point decrease from the previous session. Over the past month, the yield has fallen by 0.22 points and is 0.86 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Singapore 10Y Bond Yield - values, historical data, forecasts and news - updated on August of 2025.