Singapore

Government debt in Singapore

Government debt in Singapore: 73.5% of GDP in 1990 and 165.8% of GDP in 2024, by IMF estimates.

Latest, 2024
165.8% of GDP
Since 1990
+92.3 percentage points
Projected, 2031
169.2% of GDP
IMF projection (World Economic Outlook, October 2026)

% of GDP · IMF

Government debt in SingaporeGovernment debt in Singapore: 73.5% of GDP in 1990 and 165.8% of GDP in 2024, by IMF estimates. The IMF projection (World Economic Outlook, October 2026) puts it at 169.2% of GDP in 2031.
Estimates, IMFIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • The IMF projection (World Economic Outlook, October 2026) puts it at 169.2% of GDP in 2031.
  • The highest was 170.4% of GDP in 2023, the lowest 69.8% of GDP in 1995.

Every year

% of GDP · IMF

YearSingapore
2024165.8
2023170.4
2022153.3
2021139.9
2020147.1
2019127.7
2018109.2
2017107.3
2016105.9
2015102.1
201497.8
201398.2
2012106.7
2011103.1
201098.7
2009101.7
200897.9
200787.8
200686.5
200592.7
200495.7
200399.1
200296.3
200194.5
200082.3
199985.3
199884.7
199770.8
199671.3
199569.8
199470.7
199371.2
199279
199176.4
199073.5
IMF projection (World Economic Outlook, October 2026) · 2025–2031
YearSingapore
2025165.7
2026166.4
2027167.1
2028167.9
2029168.5
2030169
2031169.2

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.

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

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