Singapore Debt to GDP Ratio 1990-2024

Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.
  • Singapore debt to gdp ratio for 2021 was 153.80%, a 1.75% increase from 2020.
  • Singapore debt to gdp ratio for 2020 was 152.04%, a 24.19% increase from 2019.
  • Singapore debt to gdp ratio for 2019 was 127.85%, a 17.08% increase from 2018.
  • Singapore debt to gdp ratio for 2018 was 110.76%, a 1.44% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Government Debt as % of GDP
Croatia 687.99%
Greece 237.13%
Japan 217.61%
United Kingdom 186.48%
Singapore 153.80%
Spain 135.82%
United States 120.37%
France 116.55%
Belgium 109.22%
Iceland 96.87%
San Marino 95.12%
Austria 94.32%
Hungary 86.91%
Bahamas 86.19%
Slovak Republic 79.25%
Australia 70.18%
Ireland 65.40%
Canada 64.04%
New Zealand 50.99%
South Korea 49.16%
Lithuania 48.91%
Sweden 40.66%
Estonia 23.67%
Switzerland 20.30%
Singapore Debt to GDP Ratio - Historical Data
Year Government Debt as % of GDP Annual Change
2021 153.80% 1.75%
2020 152.04% 24.19%
2019 127.85% 17.08%
2018 110.76% 1.44%
2017 109.32% 0.26%
2016 109.06% 5.74%
2015 103.32% 3.71%
2014 99.61% 0.16%
2013 99.45% -8.38%
2012 107.83% 3.04%
2011 104.79% 3.34%
2010 101.45% -4.92%
2009 106.37% 9.96%
2008 96.41% 19.13%
2007 77.28% -5.56%
2006 82.84% -12.13%
2005 94.97% -6.81%
2004 101.78% -6.81%
2003 108.59% 2.26%
2002 106.33% 12.40%
2001 93.94% 10.09%
2000 83.84% -4.02%
1999 87.86% 5.26%
1998 82.60% 11.24%
1997 71.36% -1.37%
1996 72.74% -0.05%
1995 72.78% 2.50%
1994 70.28% -2.60%
1993 72.88% -9.00%
1992 81.88% 2.91%
1991 78.98% 1.12%
1990 77.86% 1.12%