Singapore recorded a government debt equivalent to 112.20 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Singapore averaged 90.96 percent from 1993 until 2018, reaching an all time high of 112.20 percent in 2018 and a record low of 67.40 percent in 1995.

Government Debt to GDP in Singapore is expected to be 106.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore Government Debt to GDP is projected to trend around 110.00 percent in 2020, according to our econometric models.

Singapore Government Debt to GDP
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Singapore Government Last Previous Highest Lowest Unit
Government Debt to GDP 112.20 110.60 112.20 67.40 percent [+]
Government Budget 0.40 0.30 21.23 -1.20 percent of GDP [+]
Government Budget Value 17603.90 1697.60 17603.90 -9045.20 SGD Million [+]
Government Spending 12422.70 12311.50 12422.70 833.20 SGD Million [+]
Government Revenues 24579.90 4973.20 24579.90 3193.50 SGD Million [+]
Fiscal Expenditure 6976.00 3275.60 16654.70 2544.20 SGD Million [+]
Credit Rating 97.96 [+]
Military Expenditure 10458.00 10196.00 10458.00 845.00 USD Million [+]
Government Debt 561896.00 546699.50 561896.00 47443.50 SGD Million [+]


Singapore Government Debt to GDP

Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Singapore Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore Government Debt to GDP - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
112.20 110.60 112.20 67.40 1993 - 2018 percent Yearly




Country Last Previous
Japan 253.00 Dec/17
Italy 132.20 Dec/18
Singapore 112.20 Dec/18
United States 106.10 Dec/18
France 98.40 Dec/18
Spain 97.10 Dec/18
Canada 90.60 Dec/18
Argentina 86.20 Dec/18
Euro Area 85.10 Dec/18
United Kingdom 84.70 Dec/18
Brazil 77.22 Dec/18
India 68.70 Dec/17
Germany 60.90 Dec/18
South Africa 55.80 Dec/18
Netherlands 52.40 Dec/18
China 50.50 Dec/18
Mexico 46.00 Dec/18
Australia 40.70 Dec/18
South Korea 36.60 Dec/18
Turkey 30.40 Dec/18
Indonesia 29.80 Dec/18
Switzerland 27.70 Dec/18
Saudi Arabia 19.10 Dec/18
Russia 13.50 Dec/17


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