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
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
| Year | Singapore |
|---|---|
| 2024 | 165.8 |
| 2023 | 170.4 |
| 2022 | 153.3 |
| 2021 | 139.9 |
| 2020 | 147.1 |
| 2019 | 127.7 |
| 2018 | 109.2 |
| 2017 | 107.3 |
| 2016 | 105.9 |
| 2015 | 102.1 |
| 2014 | 97.8 |
| 2013 | 98.2 |
| 2012 | 106.7 |
| 2011 | 103.1 |
| 2010 | 98.7 |
| 2009 | 101.7 |
| 2008 | 97.9 |
| 2007 | 87.8 |
| 2006 | 86.5 |
| 2005 | 92.7 |
| 2004 | 95.7 |
| 2003 | 99.1 |
| 2002 | 96.3 |
| 2001 | 94.5 |
| 2000 | 82.3 |
| 1999 | 85.3 |
| 1998 | 84.7 |
| 1997 | 70.8 |
| 1996 | 71.3 |
| 1995 | 69.8 |
| 1994 | 70.7 |
| 1993 | 71.2 |
| 1992 | 79 |
| 1991 | 76.4 |
| 1990 | 73.5 |
IMF projection (World Economic Outlook, October 2026) · 2025–2031
| Year | Singapore |
|---|---|
| 2025 | 165.7 |
| 2026 | 166.4 |
| 2027 | 167.1 |
| 2028 | 167.9 |
| 2029 | 168.5 |
| 2030 | 169 |
| 2031 | 169.2 |
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
Singapore in numbers
Every measure for Singapore on one page
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Military
- Military spending3.05% of GDP in 2025
- Military spending in US dollars$16.9B in 2025
- Military spending per person$2,980 in 2025
- Military share of state spending18% of government spending in 2025
- Armed forces personnel59,000 people in 2020
- National power0.25% of world capability in 2022
- Armed forces, share of workers1.72% of the labour force in 2020
- Arms imports57 million TIV in 2025
- Arms exports79 million TIV in 2025