Credit Card Usage Statistics in Singapore (2026)
As of the 2021 data, 37.5% of adults in Singapore used a credit card, per World Bank Global Findex. Down from 42.8% in 2017 to 37.5% in 2021 (−5.3 percentage points). Singapore ranks #6 of 16 economies in East Asia & Pacific on this measure, and #25 of 142 globally.
Key Statistics
- Latest value (2021)
- 37.5% (2021)
- Credit Card Usage in Singapore as of 2021, the most recent observation in World Bank Global Findex data.
- Change since 2017
- −5.3 pp (2021)
- Down from 42.8% in 2017 to 37.5% in 2021 (−5.3 percentage points).
- Earliest value in this dataset (2014)
- 31.3% (2014)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 31.3% in 2014 to 37.5% in 2021.
- Peak value (2017)
- 42.8% (2017)
- Highest value in the available series; the 2021 value is 37.5%.
- Rank in East Asia & Pacific
- #6 of 16 (2021)
- Singapore ranks 6 of 16 countries in East Asia & Pacific with data, based on each country's latest value.
- Global rank
- #25 of 142 (2021)
- Singapore ranks 25 of 142 countries with data globally.
- East Asia & Pacific average
- 24.6% (2021)
- Singapore (37.5%) is above the average of 24.6% across the 16 countries in East Asia & Pacific with data.
- Owns a credit card (% age 15+) (2021)
- 41.7% (2021)
- Related indicator from World Bank Global Findex.
- 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, 2014–2021
| Year | % of adults (age 15+) | Change |
|---|---|---|
| 2021 | 37.5% | −5.3 pp |
| 2017 | 42.8% | +11.5 pp |
| 2014 | 31.3% | — |
Frequently asked questions
What share of adults in Singapore used a credit card?
37.5% of adults in Singapore used a credit card in 2021, according to World Bank Global Findex data.
Where does Singapore rank globally on credit card usage?
Singapore ranks 25 of 142 countries with data globally, based on the latest World Bank Global Findex value for each country.
When did credit card usage in Singapore peak?
The highest value in the available series was 42.8% in 2017; the latest (2021) value is 37.5%.
Source & methodology
Source: World Bank Global Findex, indicator
fin22g, 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 .