CTA1: Selected data from T1-T6
«Singapore»
Year
« ‹ 2021 › »
20172018201920202021
Basic statistical data
GDP (USD bn)343377375345397
Population (thousands)5,6125,6395,7045,6865,454
GDP per capita (USD per inhabitant)61,14666,83065,81860,74972,768
CPI inflation (% change on previous year)0.60.40.6-0.22.3
Exchange rate (domestic currency vis-à-vis USD):
  end of year (Per USD)		1.3361.3621.3451.3221.349
Exchange rate (domestic currency vis-à-vis USD):
  average (Per USD)		1.3811.3491.3641.3791.344
Banknotes and coins in circulation
Total value (USD bn)3436394345
Value per inhabitant (USD)6,1066,3786,8177,6228,193
Value as a percentage of GDP (%)9.79.610.212.011.3
Value as a percentage of narrow money (%)24.925.926.722.021.1
Deposits held by banks
Bank deposits held at the central bank: Total value (USD bn)17161621118
Bank deposits held at the central bank:
  Value as a percentage of GDP (%)		4.74.44.25.929.9
Interbank deposits: Total value (USD bn)napnapnapnapnap
Interbank deposits: Value as a percentage of GDP (%)napnapnapnapnap
Institutions offering payment services/instruments
 (units)
Number of institutions: Total number 164161161160156
Number of institutions: Number per 1 million inhabitants 29.228.628.228.128.6
Number of branches or offices: Total number 499474463434407
Number of branches or offices:
  Number per 1 million inhabitants 		88.984.181.276.374.6
Payment accounts held by end users
Total number of payment accounts (thousands)napnapnapnapnap
Number of accounts per inhabitant (units)napnapnapnapnap
Total value of payment accounts (USD bn)483478513576611
Value per inhabitant (USD)85,98284,81089,955101,277112,017
Value as a percentage of GDP (%)140.6126.9136.7166.7153.9
Use of payment services/instruments
Volume of cashless payments
Total volume of cashless payments (millions)4,3914,6874,8363,7614,070
Increase in the total volume of cashless payments
 (% change on previous year)		3.26.73.2-22.28.2
Average number of cashless payments per inhabitant (units)782831848661746
Daily average volume of cashless payments (millions)1213131011
Volume of cashless payments by instrument type
 (millions)
Credit transfers 87109145198275
Direct debits 5860605758
Cheques 5752463124
Card and e-money payments: Total volume 4,1894,4664,5863,4743,713
Card and e-money payments: By card with a debit function 408495576613770
Card and e-money payments:
  By card with a delayed debit function 		napnapnapnapnap
Card and e-money payments: By card with a credit function 418498594600693
Card and e-money payments: E-money payments 3,3633,4733,4162,2622,250
Other payment instruments napnapnapnapnap
Memo: Money remittances napnapnapnapnap
Relative importance of cashless payments, in volume of payments
 (% of total cashless payments)
Credit transfers 2.02.33.05.36.8
Direct debits 1.31.31.21.51.4
Cheques 1.31.11.00.80.6
Card and e-money payments: Total volume 95.495.394.892.491.2
Card and e-money payments: By card with a debit function 9.310.611.916.318.9
Card and e-money payments:
  By card with a delayed debit function 		napnapnapnapnap
Card and e-money payments: By card with a credit function 9.510.612.315.917.0
Card and e-money payments: E-money payments 76.674.170.660.155.3
Other payment instruments napnapnapnapnap
Memo: Money remittances napnapnapnapnap
Increase in the volume of cashless payments
 (% change on previous year)
Credit transfers 20.226.433.136.438.7
Direct debits 1.21.90.5-4.91.8
Cheques -7.9-9.3-11.0-32.3-22.6
Card and e-money payments: Total volume 3.16.62.7-24.26.9
Card and e-money payments: By card with a debit function 17.221.416.46.525.5
Card and e-money payments:
  By card with a delayed debit function 		napnapnapnapnap
Card and e-money payments: By card with a credit function 19.519.119.20.915.7
Card and e-money payments: E-money payments -0.13.3-1.6-33.8-0.5
Other payment instruments napnapnapnapnap
Memo: Money remittances napnapnapnapnap
Volume of cashless payments per inhabitant
 (units)
Credit transfers 15.419.425.534.950.5
Direct debits 10.410.610.510.010.6
Cheques 10.29.28.15.54.4
Card and e-money payments: Total volume 746.4792.0804.0611.1680.7
Card and e-money payments: By card with a debit function 72.687.7101.0107.9141.1
Card and e-money payments:
  By card with a delayed debit function 		napnapnapnapnap
Card and e-money payments: By card with a credit function 74.688.4104.2105.4127.1
Card and e-money payments: E-money payments 599.3615.9598.9397.8412.5
Other payment instruments napnapnapnapnap
Memo: Money remittances napnapnapnapnap
Daily average volume of cashless payments
 (thousands)
Credit transfers 237300399544754
Direct debits 160163164156159
Cheques 1561421268566
Card and e-money payments: Total volume 11,47712,23612,5659,51910,171
Card and e-money payments: By card with a debit function 1,1171,3551,5781,6802,108
Card and e-money payments:
  By card with a delayed debit function 		napnapnapnapnap
Card and e-money payments: By card with a credit function 1,1461,3661,6281,6431,900
Card and e-money payments: E-money payments 9,2149,5159,3596,1966,163
Other payment instruments napnapnapnapnap
Memo: Money remittances napnapnapnapnap
Volume of fast payments
Fast payments: Total volume (thousands)38,56359,63393,240146,972225,910
Fast payments: By credit transfer (%)napnapnapnapnap
Fast payments: By direct debit (%)napnapnapnapnap
Fast payments: By other instrument type (%)napnapnapnapnap
Fast payments: Of total cashless payments (%)0.91.31.93.95.6
Fast payments: Increase in volume (%)43.654.656.457.653.7
Fast payments: Average volume per inhabitant (units)711162641
Fast payments: Daily average volume (thousands)106163255403619
Value of cashless payments
Cashless payments: Total value (USD millions)876,914950,216934,746861,9271,001,535
Cashless payments: Increase in the real value
 (% change on previous year, adjusted by CPI inflation)		3.17.9-2.2-7.613.6
Cashless payments: Average value per cashless payment (USD)200203193229246
Cashless payments: Average value per inhabitant (USD)156,257168,508163,875151,588183,633
Cashless payments: Value as a ratio to GDP (%)255.5252.1249.0249.5252.4
Cashless payments: Daily average value (USD millions)2,4032,6032,5612,3612,744
Value of cashless payments by instrument type
 (USD millions)
Credit transfers 258,968307,529356,720409,121507,196
Direct debits 76,47882,90882,67172,53785,830
Cheques 477,270485,020418,130312,482330,049
Card and e-money payments: Total value 64,19874,75977,22567,78778,460
Card and e-money payments: By card with a debit function 23,00626,42625,91225,26529,203
Card and e-money payments:
  By card with a delayed debit function 		napnapnapnapnap
Card and e-money payments: By card with a credit function 39,10746,15749,11841,14547,891
Card and e-money payments: E-money payments 2,0842,1772,1951,3781,366
Other payment instruments napnapnapnapnap
Memo: Money remittances napnapnapnapnap
Relative importance of cashless payments, in value of payments
 (% of total cashless payments)
Credit transfers 29.532.438.247.550.6
Direct debits 8.78.78.88.48.6
Cheques 54.451.044.736.333.0
Card and e-money payments: Total value 7.37.98.37.97.8
Card and e-money payments: By card with a debit function 2.62.82.82.92.9
Card and e-money payments:
  By card with a delayed debit function 		napnapnapnapnap
Card and e-money payments: By card with a credit function 4.54.95.34.84.8
Card and e-money payments: E-money payments 0.20.20.20.20.1
Other payment instruments napnapnapnapnap
Memo: Money remittances napnapnapnapnap
Increase in the real value of cashless payments
 (% change on previous year, adjusted by CPI inflation)
Credit transfers 9.518.215.314.921.2
Direct debits 3.87.9-0.8-12.115.7
Cheques 0.21.2-14.3-25.13.2
Card and e-money payments: Total value 0.115.92.7-12.113.1
Card and e-money payments: By card with a debit function -9.014.4-2.5-2.313.0
Card and e-money payments:
  By card with a delayed debit function 		napnapnapnapnap
Card and e-money payments: By card with a credit function 6.217.55.8-16.113.8
Card and e-money payments: E-money payments 2.14.00.2-37.1-3.1
Other payment instruments napnapnapnapnap
Memo: Money remittances napnapnapnapnap
Average value of cashless payments per payment
 (USD)
Credit transfers 2,9942,8132,4522,0621,842
Direct debits 1,3091,3931,3821,2741,482
Cheques 8,3709,3749,07710,01613,667
Card and e-money payments: Total value 1517172021
Card and e-money payments: By card with a debit function 5653454138
Card and e-money payments:
  By card with a delayed debit function 		napnapnapnapnap
Card and e-money payments: By card with a credit function 9393836969
Card and e-money payments: E-money payments 11111
Other payment instruments napnapnapnapnap
Memo: Money remittances napnapnapnapnap
Average value of cashless payments per inhabitant
 (USD)
Credit transfers 46,14554,53662,53971,95292,995
Direct debits 13,62814,70314,49312,75715,737
Cheques 85,04586,01273,30554,95660,515
Card and e-money payments: Total value 11,43913,25813,53911,92214,386
Card and e-money payments: By card with a debit function 4,0994,6864,5434,4435,354
Card and e-money payments:
  By card with a delayed debit function 		napnapnapnapnap
Card and e-money payments: By card with a credit function 6,9698,1858,6117,2368,781
Card and e-money payments: E-money payments 371386385242250
Other payment instruments napnapnapnapnap
Memo: Money remittances napnapnapnapnap
Value of cashless payments as a ratio to GDP
 (%)
Credit transfers 75.581.695.0118.4127.8
Direct debits 22.322.022.021.021.6
Cheques 139.1128.7111.490.583.2
Card and e-money payments: Total value 18.719.820.619.619.8
Card and e-money payments: By card with a debit function 6.77.06.97.37.4
Card and e-money payments:
  By card with a delayed debit function 		napnapnapnapnap
Card and e-money payments: By card with a credit function 11.412.213.111.912.1
Card and e-money payments: E-money payments 0.60.60.60.40.3
Other payment instruments napnapnapnapnap
Memo: Money remittances napnapnapnapnap
Daily average value of cashless payments
 (USD millions)
Credit transfers 7108439771,1211,390
Direct debits 210227226199235
Cheques 1,3081,3291,146856904
Card and e-money payments: Total value 176205212186215
Card and e-money payments: By card with a debit function 6372716980
Card and e-money payments:
  By card with a delayed debit function 		napnapnapnapnap
Card and e-money payments: By card with a credit function 107126135113131
Card and e-money payments: E-money payments 66644
Other payment instruments napnapnapnapnap
Memo: Money remittances napnapnapnapnap
Value of fast payments
Fast payments: Total value (USD millions)53,09180,212108,515152,838220,494
Fast payments: By credit transfer (%)napnapnapnapnap
Fast payments: By direct debit (%)napnapnapnapnap
Fast payments: By other instrument type (%)napnapnapnapnap
Fast payments: Of total cashless payments (%)6.18.411.617.722.0
Fast payments: Increase in real value
 (% change on previous year, adjusted by CPI inflation)		34.850.434.541.141.0
Fast payments: Average value per payment (USD)1,3771,3451,1641,040976
Fast payments: Average value per inhabitant (USD)9,46014,22519,02426,88040,428
Fast payments: Value as ratio of GDP (%)napnapnapnapnap
Volume of withdrawals/deposits
With cards issued inside the country: Total volume (millions)napnapnapnapnap
With cards issued inside the country:
  Increase in total volume
 (% change on previous year)		napnapnapnapnap
With cards issued inside the country:
  Average volume per inhabitant (units)		napnapnapnapnap
With cards issued inside the country:
  Daily average volume (units)		napnapnapnapnap
Volume of withdrawals/deposits broken down by cash withdrawals,
 cash deposits and e-money loading and unloading transactions
 (millions)
Cash withdrawals with cards issued inside the country napnapnapnapnap
Cash withdrawals with cards issued inside the country:
  at locations inside the country 		218213205172170
Cash withdrawals with cards issued inside the country:
  at locations outside the country 		napnapnapnapnap
Memo: Cash withdrawals at locations inside the country napnapnapnapnap
Cash withdrawals with cards issued outside the country napnapnapnapnap
Cash deposits at locations inside and outside the country napnapnapnapnap
Cash deposits with cards issued inside the country at locations
  inside the country 		napnapnapnapnap
E-money loading/unloading transactions napnapnapnapnap
Relative importance of withdrawals/deposits,
 in volume of transactions
 (%)
Cash withdrawals with cards issued inside the country napnapnapnapnap
Cash withdrawals with cards issued inside the country:
  at locations inside the country 		napnapnapnapnap
Cash withdrawals with cards issued inside the country:
  at locations outside the country 		napnapnapnapnap
Cash withdrawals:total napnapnapnapnap
Cash deposits with cards issued inside the country at locations
  inside the country 		napnapnapnapnap
E-money loading/unloading transactions napnapnapnapnap
Increase in the volume of withdrawals/deposits
 (% change on previous year)
Cash withdrawals with cards issued inside the country napnapnapnapnap
Cash withdrawals with cards issued inside the country:
  at locations inside the country 		-3.8-2.0-3.7-16.1-1.4
Cash withdrawals with cards issued inside the country:
  at locations outside the country 		napnapnapnapnap
Memo: Cash withdrawals at locations inside the country napnapnapnapnap
Cash withdrawals with cards issued outside the country napnapnapnapnap
Cash withdrawals:total napnapnapnapnap
Cash deposits with cards issued inside the country at locations
  inside the country 		napnapnapnapnap
E-money loading/unloading transactions napnapnapnapnap
Volume of withdrawals/deposits per inhabitant
 (units)
Cash withdrawals with cards issued inside the country napnapnapnapnap
Cash withdrawals with cards issued inside the country:
  at locations inside the country 		3938363031
Cash withdrawals with cards issued inside the country:
  at locations outside the country 		napnapnapnapnap
Cash withdrawals:total napnapnapnapnap
Cash deposits with cards issued inside the country at locations
  inside the country 		napnapnapnapnap
E-money loading/unloading transactions napnapnapnapnap
Daily average volume of withdrawals/deposits
 (thousands)
Cash withdrawals with cards issued inside the country napnapnapnapnap
Cash withdrawals with cards issued inside the country:
  at locations inside the country 		596584562472465
Cash withdrawals with cards issued inside the country:
  at locations outside the country 		napnapnapnapnap
Memo: Cash withdrawals at locations inside the country napnapnapnapnap
Cash withdrawals with cards issued outside the country napnapnapnapnap
Cash withdrawals:total napnapnapnapnap
Cash deposits with cards issued inside the country at locations
  inside the country 		napnapnapnapnap
E-money loading/unloading transactions napnapnapnapnap
Value of withdrawals/deposits
Total value (USD millions)napnapnapnapnap
Increase in the real value
 (% change on previous year, adjusted by CPI inflation)		napnapnapnapnap
Average value per transaction (USD)napnapnapnapnap
Average value per inhabitant (USD)napnapnapnapnap
Total value as a ratio to GDP (%)napnapnapnapnap
Daily average value (USD millions)napnapnapnapnap
Value of withdrawals/deposits broken down by cash withdrawals,
 cash deposits and e-money loading and unloading transactions
 (USD millions)
Cash withdrawals with cards issued inside the country napnapnapnapnap
Cash withdrawals with cards issued inside the country:
  at locations inside the country 		46,39547,30944,75035,41135,892
Cash withdrawals with cards issued inside the country:
  at locations outside the country 		napnapnapnapnap
Memo: Cash withdrawals at locations inside the country napnapnapnapnap
Cash withdrawals with cards issued outside the country napnapnapnapnap
Cash deposits at locations inside and outside the country napnapnapnapnap
Cash deposits with cards issued inside the country at locations
  inside the country 		napnapnapnapnap
E-money loading/unloading transactions napnapnapnapnap
Relative importance of withdrawals/deposits, in value of transactions
 (%)
Cash withdrawals with cards issued inside the country napnapnapnapnap
Cash withdrawals with cards issued inside the country:
  at locations inside the country 		napnapnapnapnap
Cash withdrawals with cards issued inside the country:
  at locations outside the country 		napnapnapnapnap
Cash withdrawals:total napnapnapnapnap
Cash deposits with cards issued inside the country at locations
  inside the country 		napnapnapnapnap
E-money loading/unloading transactions napnapnapnapnap
Increase in the real value of withdrawals/deposits
 (% change on previous year, adjusted by CPI inflation)
Cash withdrawals with cards issued inside the country napnapnapnapnap
Cash withdrawals with cards issued inside the country:
  at locations inside the country 		-1.91.5-5.9-20.7-0.9
Cash withdrawals with cards issued inside the country:
  at locations outside the country 		napnapnapnapnap
Memo: Cash withdrawals at locations inside the country napnapnapnapnap
Cash withdrawals with cards issued outside the country napnapnapnapnap
Cash withdrawals:total napnapnapnapnap
Cash deposits with cards issued inside the country at locations
  inside the country 		napnapnapnapnap
E-money loading/unloading transactions napnapnapnapnap
Value withdrawals/deposits per transaction
 (USD)
Cash withdrawals with cards issued inside the country napnapnapnapnap
Cash withdrawals with cards issued inside the country:
  at locations inside the country 		213222218206211
Cash withdrawals with cards issued inside the country:
  at locations outside the country 		napnapnapnapnap
Memo: Cash withdrawals at locations inside the country napnapnapnapnap
Cash withdrawals with cards issued outside the country napnapnapnapnap
Cash withdrawals:total napnapnapnapnap
Cash deposits with cards issued inside the country at locations
  inside the country 		napnapnapnapnap
E-money loading/unloading transactions napnapnapnapnap
Average value of withdrawals/deposits per inhabitant
 (USD)
Cash withdrawals with cards issued inside the country napnapnapnapnap
Cash withdrawals with cards issued inside the country:
  at locations inside the country 		8,2678,3907,8456,2286,581
Cash withdrawals with cards issued inside the country:
  at locations outside the country 		napnapnapnapnap
Cash withdrawals:total napnapnapnapnap
Cash deposits with cards issued inside the country at locations
  inside the country 		napnapnapnapnap
E-money loading/unloading transactions napnapnapnapnap
Value of withdrawals/deposits as a ratio to GDP
 (%)
Cash withdrawals with cards issued inside the country napnapnapnapnap
Cash withdrawals with cards issued inside the country:
  at locations inside the country 		13.512.611.910.39.0
Cash withdrawals with cards issued inside the country:
  at locations outside the country 		napnapnapnapnap
Cash withdrawals:total napnapnapnapnap
Cash deposits with cards issued inside the country at locations
  inside the country 		napnapnapnapnap
E-money loading/unloading transactions napnapnapnapnap
Daily average value of withdrawals/deposits
 (USD millions)
Cash withdrawals with cards issued inside the country napnapnapnapnap
Cash withdrawals with cards issued inside the country:
  at locations inside the country 		1271301239798
Cash withdrawals with cards issued inside the country:
  at locations outside the country 		napnapnapnapnap
Memo: Cash withdrawals at locations inside the country napnapnapnapnap
Cash withdrawals with cards issued outside the country napnapnapnapnap
Cash withdrawals:total napnapnapnapnap
Cash deposits with cards issued inside the country at locations
  inside the country 		napnapnapnapnap
E-money loading/unloading transactions napnapnapnapnap
Number of cards
 (thousands)
Total 64,83865,65270,277navnav
With a cash function 10,9929,4799,53510,05610,414
With a debit function 10,9929,4799,53510,05610,414
With a delayed debit function napnapnapnapnap
With a credit function 8,6329,0278,61316,28314,243
With an e-money function 45,21447,14652,129navnav
Total number of cards: of which: contactless napnapnapnapnap
Total number of cards: of which: issued by a non-bank napnapnapnapnap
Total number of cards:
  of which: able to initiate device-not-present payments 		napnapnapnapnap
Increase in the number of cards
 (% change on previous year)
Total 8.61.37.0navnav
With a cash function 3.1-13.80.65.53.6
With a debit function 3.1-13.80.65.53.6
With a delayed debit function napnapnapnapnap
With a credit function -6.74.6-4.689.1-12.5
With an e-money function 13.64.310.6navnav
Total number of cards: of which: contactless napnapnapnapnap
Total number of cards: of which: issued by a non-bank napnapnapnapnap
Total number of cards:
  of which: able to initiate device-not-present payments 		napnapnapnapnap
Number of cards per inhabitant
 (units)
Total 11.5511.6412.32navnav
With a cash function 1.961.681.671.771.91
With a debit function 1.961.681.671.771.91
With a delayed debit function napnapnapnapnap
With a credit function 1.541.601.512.862.61
With an e-money function 8.068.369.14navnav
Total number of cards: of which: contactless napnapnapnapnap
Total number of cards: of which: issued by a non-bank napnapnapnapnap
Total number of cards:
  of which: able to initiate device-not-present payments 		napnapnapnapnap
Number of terminals
 (thousands)
POS terminals 256272275320330
EFTPOS terminals: total 256272275320330
EFTPOS terminals: contactless napnapnapnapnap
ATMs: total 33333
ATMs: cash withdrawal 33333
ATMs: cash deposit napnapnapnapnap
ATMs: credit transfer 33333
ATMs: contactless napnapnapnapnap
Terminals located in the country: increase in the number of terminals
 (% change on previous year)
POS terminals 37.36.31.216.43.1
EFTPOS terminals: total 37.36.31.216.43.1
EFTPOS terminals: contactless napnapnapnapnap
ATMs: total 13.62.5-8.0-8.4-3.6
ATMs: cash withdrawal 13.62.5-8.0-8.4-3.6
ATMs: cash deposit napnapnapnapnap
ATMs: credit transfer 13.62.5-8.0-8.4-3.6
ATMs: contactless napnapnapnapnap
Number of terminals per inhabitant
 (units)
POS terminals 0.0460.0480.0480.0560.061
EFTPOS terminals: total 0.0460.0480.0480.0560.061
EFTPOS terminals: contactless napnapnapnapnap
ATMs: total 0.0010.0010.0010.0000.000
ATMs: cash withdrawal 0.0010.0010.0010.0000.000
ATMs: cash deposit napnapnapnapnap
ATMs: credit transfer 0.0010.0010.0010.0000.000
ATMs: contactless napnapnapnapnap