Singapore vs Netherlands

Singapore vs Netherlands: Government debt

Government debt: 165.8% of GDP in Singapore in 2024 and 44.7% of GDP in Netherlands in 2025, by IMF estimates. In 2024 the value was higher in Singapore, by 121.8 percentage points, or 3.77 times that in Netherlands.

% of GDP · IMF

Singapore vs Netherlands: Government debtGovernment debt: 165.8% of GDP in Singapore in 2024 and 44.7% of GDP in Netherlands in 2025, by IMF estimates. In 2024 the value was higher in Singapore, by 121.8 percentage points, or 3.77 times that in Netherlands.
SingaporeNetherlandsIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Singapore has been higher since 1996, when it overtook Netherlands.
  • The IMF projection (World Economic Outlook, October 2026) puts Singapore at 169.2% of GDP and Netherlands at 48% of GDP in 2031.

Every year

% of GDP · IMF

YearSingaporeNetherlands
2025165.744.7
2024165.844
2023170.445.9
2022153.348.4
2021139.950.5
2020147.153.4
2019127.747.7
2018109.251.6
2017107.356
2016105.960.9
2015102.163.8
201497.867.2
201398.267.2
2012106.765.7
2011103.161.2
201098.758.9
2009101.756.3
200897.954.4
200787.842.7
200686.545
200592.749.6
200495.750.1
200399.149.8
200296.348.7
200194.549.4
200082.352.2
199985.358.6
199884.762.7
199770.865.7
199671.371.3
199569.873
199470.773.5
199371.276.7
19927975.6
199176.474.8
199073.575
1989–73.7
1988–73.7
1987–71.3
1986–69
1985–67.1
1984–61.9
1983–58.4
1982–52.4
1981–46.9
1980–43.6
  • 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearSingaporeNetherlands
2026166.445.4
2027167.145.7
2028167.945.8
2029168.546.3
203016947.1
2031169.248

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 Netherlands

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