Singapore recorded a government debt equivalent to 126.30 percent of the country's Gross Domestic Product in 2019.

Government Debt to GDP in Singapore averaged 92.27 percent from 1993 until 2019, reaching an all time high of 126.30 percent in 2019 and a record low of 67.40 percent in 1995. This page provides - Singapore Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore Government Debt to GDP - values, historical data and charts - was last updated on June of 2020. source: Government of Singapore

Government Debt to GDP in Singapore is expected to reach 120.00 percent by the end of 2020, 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 118.00 percent in 2021 and 122.00 percent in 2022, according to our econometric models.

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Singapore Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
126.30 112.20 126.30 67.40 1993 - 2019 percent Yearly

Singapore Government Last Previous Highest Lowest Unit
Government Debt to GDP 126.30 112.20 126.30 67.40 percent [+]
Government Budget -0.30 0.40 21.23 -1.20 percent of GDP [+]
Government Budget Value -6507.80 3262.40 17603.90 -9045.20 SGD Million [+]
Government Spending 13053.30 12534.30 13053.30 833.20 SGD Million [+]
Government Revenues 5286.90 9903.80 24579.90 3193.50 SGD Million [+]
Fiscal Expenditure 11794.70 6641.40 16654.70 2544.20 SGD Million [+]
Credit Rating 100.00 [+]
Military Expenditure 10458.00 10196.00 10458.00 845.00 USD Million [+]
Government Debt 656258.00 641094.30 656258.00 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.