Singapore Debt to GDP Ratio 1990-2024

Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.
  • Singapore debt to gdp ratio for 2022 was 157.36%, a 7.22% increase from 2021.
  • Singapore debt to gdp ratio for 2021 was 150.14%, a 1.42% decline from 2020.
  • Singapore debt to gdp ratio for 2020 was 151.57%, a 23.74% increase from 2019.
  • Singapore debt to gdp ratio for 2019 was 127.83%, a 17.07% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Government Debt as % of GDP
Japan 216.21%
Greece 203.29%
Singapore 157.36%
United Kingdom 142.28%
Italy 139.00%
Cyprus 125.92%
Portugal 119.40%
United States 110.39%
Spain 104.79%
France 98.66%
Belgium 94.04%
Iceland 87.52%
Bahamas 82.16%
Croatia 82.08%
Hungary 75.47%
Austria 75.05%
Latvia 73.87%
Slovenia 71.86%
Slovak Republic 64.51%
Finland 60.79%
Malta 59.11%
Australia 57.97%
Canada 56.09%
Netherlands 53.67%
South Korea 51.18%
Poland 50.15%
Czech Republic 46.82%
Ireland 46.71%
Germany 44.53%
Sweden 36.25%
Lithuania 36.05%
Norway 28.71%
Denmark 26.37%
Luxembourg 26.23%
Estonia 25.20%
Switzerland 18.15%
Singapore Debt to GDP Ratio - Historical Data
Year Government Debt as % of GDP Annual Change
2022 157.36% 7.22%
2021 150.14% -1.42%
2020 151.57% 23.74%
2019 127.83% 17.07%
2018 110.76% 1.43%
2017 109.33% 0.27%
2016 109.06% 5.74%
2015 103.32% 3.71%
2014 99.61% 0.16%
2013 99.45% -8.38%
2012 107.83% 3.04%
2011 104.79% 3.34%
2010 101.45% -4.92%
2009 106.37% 9.96%
2008 96.41% 19.13%
2007 77.28% -5.56%
2006 82.84% -12.13%
2005 94.97% -6.81%
2004 101.78% -6.81%
2003 108.59% 2.26%
2002 106.33% 12.40%
2001 93.94% 10.09%
2000 83.84% -4.02%
1999 87.86% 5.26%
1998 82.60% 11.24%
1997 71.36% -1.37%
1996 72.74% -0.05%
1995 72.78% 2.50%
1994 70.28% -2.60%
1993 72.88% -9.00%
1992 81.88% 2.91%
1991 78.98% 1.12%
1990 77.86% 1.12%