3-Month ABS SIBOR in Singapore
The 3-month sora ended 2024 at 3.07%, compared to the end-2023 value of 3.71% and the figure a decade earlier of 0.11%. It averaged 1.30% over the last decade.
Singapore Interest Rate Chart
Note: This chart displays 3-Month EURIBOR (%, eop) for Singapore from 2014 to 2024.
Source: Macrobond.
Singapore Interest Rate Data
2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
3-Month ABS SIBOR (%, eop) | 0.13 | 0.19 | 3.03 | 3.71 | 3.07 |
10-Year Bond Yield (%, eop) | 0.84 | 1.67 | 3.09 | 2.71 | 2.86 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Singapore interest rate projections for the next ten years from a panel of 7 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable interest rate forecast available for Singapore interest rate.
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