Bank Depositors Statistics in Singapore (2026)
Singapore recorded commercial bank depositors of 2,902.3 per 1,000 adults in 2023, World Bank World Development Indicators data show. Up from 2,848 per 1,000 adults in 2022 to 2,902.3 per 1,000 adults in 2023. Singapore ranks #1 of 12 economies in East Asia & Pacific on this measure, and #1 of 95 globally.
Key Statistics
- Latest value (2023)
- 2,902.3 per 1,000 adults (2023)
- Bank Depositors in Singapore as of 2023, the most recent observation in World Bank World Development Indicators data.
- Change since 2022
- +1.9% (2023)
- Up from 2,848 per 1,000 adults in 2022 to 2,902.3 per 1,000 adults in 2023.
- CAGR 2004–2023
- +2% per year (2023)
- Compound annual growth rate from 1,988.6 per 1,000 adults in 2004 to 2,902.3 per 1,000 adults in 2023.
- Earliest value in this dataset (2004)
- 1,988.6 per 1,000 adults (2004)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 1,988.6 per 1,000 adults in 2004 to 2,902.3 per 1,000 adults in 2023.
- Record high (2023)
- 2,902.3 per 1,000 adults (2023)
- The 2023 value is the highest in the available World Bank World Development Indicators series for Singapore.
- Rank in East Asia & Pacific
- #1 of 12 (2023)
- Singapore ranks 1 of 12 countries in East Asia & Pacific with data, based on each country's latest value.
- Global rank
- #1 of 95 (2023)
- Singapore ranks 1 of 95 countries with data globally.
- East Asia & Pacific average
- 1,117.2 per 1,000 adults (2023)
- Singapore (2,902.3 per 1,000 adults) is above the average of 1,117.2 per 1,000 adults across the 12 countries in East Asia & Pacific with data.
- Projected 2026 value
- 3,265.1 per 1,000 adults (2026)
- Projection based on 7-year trend (CAGR 4%); not an official figure.
- Number of depositors with commercial banks per 1,000 adults (2024)
- 3,020 per 1,000 adults (2024)
- Related indicator from IMF Financial Access Survey (alternative source for cross-checking; not merged with the main series).
- Internet use in Singapore (2024)
- 94.4% (2024)
- 94.4% of the population in Singapore used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 6 million (2024)
- Singapore had a population of 6 million in 2024 (World Bank); shown for scale only.
Trend, 2004–2023
| Year | per 1,000 adults | Change |
|---|---|---|
| 2023 | 2,902 | +1.9% |
| 2022 | 2,848 | +4.4% |
| 2021 | 2,727 | +13.6% |
| 2020 | 2,401 | +3.8% |
| 2019 | 2,314 | +2.1% |
| 2018 | 2,266 | +1.7% |
| 2017 | 2,229 | +1.1% |
| 2016 | 2,205 | +0.8% |
| 2015 | 2,187 | +0.3% |
| 2014 | 2,182 | +1.4% |
| 2013 | 2,152 | +1.8% |
| 2012 | 2,113 | +1.4% |
| 2011 | 2,084 | +1.8% |
| 2010 | 2,047 | +2.2% |
| 2009 | 2,002 | −0.4% |
| 2008 | 2,009 | +0.2% |
| 2007 | 2,005 | +0.8% |
| 2006 | 1,989 | +0.5% |
| 2005 | 1,979 | −0.5% |
| 2004 | 1,989 | — |
Frequently asked questions
What is the latest figure for commercial bank depositors in Singapore?
Commercial bank depositors in Singapore stood at 2,902.3 per 1,000 adults in 2023, according to World Bank World Development Indicators data.
How recent is the bank depositors data for Singapore?
The most recent observation is from 2023. World Bank World Development Indicators data is reported with a lag, so 2023 is the latest available year for Singapore.
Where does the bank depositors data for Singapore come from?
The data comes from the World Bank World Development Indicators (indicator FB.CBK.DPTR.P3). The latest observation for Singapore is from 2023; the snapshot was retrieved on 2026-06-10.
How has bank depositors in Singapore changed over time?
World Bank World Development Indicators data show a rise from 1,988.6 per 1,000 adults in 2004 to 2,902.3 per 1,000 adults in 2023.
How does Singapore compare with other countries in East Asia & Pacific?
Singapore ranks 1 of 12 countries in East Asia & Pacific with data, with 2,902.3 per 1,000 adults versus a regional average of 1,117.2 per 1,000 adults (latest values per country).
Source & methodology
Source: World Bank, World Development Indicators, indicator
FB.CBK.DPTR.P3, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .