Singapore vs Sweden

Singapore vs Sweden: Government debt

Government debt: 165.8% of GDP in Singapore in 2024 and 34.6% of GDP in Sweden in 2025, by IMF estimates. In 2024 the value was higher in Singapore, by 131.9 percentage points, or 4.9 times that in Sweden.

% of GDP · IMF

Singapore vs Sweden: Government debtGovernment debt: 165.8% of GDP in Singapore in 2024 and 34.6% of GDP in Sweden in 2025, by IMF estimates. In 2024 the value was higher in Singapore, by 131.9 percentage points, or 4.9 times that in Sweden.
SingaporeSwedenIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Singapore has been higher in every year both have figures for since 1993.
  • The IMF projection (World Economic Outlook, October 2026) puts Singapore at 169.2% of GDP and Sweden at 30.7% of GDP in 2031.

Every year

% of GDP · IMF

YearSingaporeSweden
2025165.734.6
2024165.833.9
2023170.432.2
2022153.334.4
2021139.937.2
2020147.140.5
2019127.736
2018109.240.2
2017107.341.9
2016105.943.2
2015102.144.8
201497.846.1
201398.241.2
2012106.738.1
2011103.137.8
201098.738.7
2009101.741.3
200897.938
200787.839.3
200686.543.9
200592.749
200495.748.7
200399.149.5
200296.349.9
200194.552
200082.350.4
199985.360.3
199884.765.4
199770.867.7
199671.368.9
199569.868.7
199470.768.6
199371.266.1
199279–
199176.4–
199073.5–
  • 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearSingaporeSweden
2026166.435.1
2027167.135.5
2028167.934.8
2029168.533.6
203016932.3
2031169.230.7

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

Singapore vs Sweden

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