Italy vs Singapore

Italy vs Singapore: Government debt

Government debt: 137.1% of GDP in Italy in 2025 and 165.8% of GDP in Singapore in 2024, by IMF estimates. In 2024 the value was higher in Singapore, by 31.1 percentage points, or 1.23 times that in Italy.

% of GDP · IMF

Italy vs Singapore: Government debtGovernment debt: 137.1% of GDP in Italy in 2025 and 165.8% of GDP in Singapore in 2024, by IMF estimates. In 2024 the value was higher in Singapore, by 31.1 percentage points, or 1.23 times that in Italy.
ItalySingaporeIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Singapore has been higher since 2022, when it overtook Italy.
  • The IMF projection (World Economic Outlook, October 2026) puts Italy at 135.6% of GDP and Singapore at 169.2% of GDP in 2031.

Every year

% of GDP · IMF

YearItalySingapore
2025137.1165.7
2024134.7165.8
2023133.9170.4
2022138.4153.3
2021145.8139.9
2020154.4147.1
2019133.9127.7
2018134.2109.2
2017133.7107.3
2016134.2105.9
2015134.8102.1
2014134.897.8
2013131.998.2
2012125.9106.7
2011119.1103.1
2010118.898.7
2009116.1101.7
2008105.897.9
2007103.587.8
2006106.386.5
2005106.292.7
2004104.795.7
2003105.199.1
2002105.996.3
2001108.594.5
2000108.782.3
1999113.185.3
1998113.984.7
1997116.570.8
1996118.971.3
1995119.169.8
1994130.870.7
1993124.171.2
199211379
1991105.376.4
1990101.773.5
198998.4–
198895.7–
  • 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearItalySingapore
2026137.9166.4
2027137.6167.1
2028137167.9
2029136.2168.5
2030135.8169
2031135.6169.2

Each country on its own

Good to know

  • What the government owes, as a share of the economy’s yearly output.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 149 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

Italy vs Singapore

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