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Government debt in Singapore

How indebted is the state my taxes would go to?

Singapore's government debt is 165.70 % — #124 of 125 countries on the atlas (lower is better). Period 2025.

165.70%

Checked 24 Oct 2026Period 2025

Source: IMF World Economic Outlook (general government gross debt, % of GDP)

The central government owes about 1.7 years' worth of the country's entire economic output.

Government debt in Singapore over time

170.40 %120.10 %69.80 %170.40 % · 202369.80 % · 19951990: 73.50 %1991: 76.40 %1992: 79.00 %1993: 71.20 %1994: 70.70 %1995: 69.80 %1996: 71.30 %1997: 70.80 %1998: 84.60 %1999: 85.30 %2000: 82.30 %2001: 94.50 %2002: 96.30 %2003: 99.10 %2004: 95.70 %2005: 92.70 %2006: 86.50 %2007: 87.80 %2008: 97.90 %2009: 101.70 %2010: 98.70 %2011: 103.10 %2012: 106.70 %2013: 98.20 %2014: 97.70 %2015: 102.10 %2016: 105.90 %2017: 107.30 %2018: 109.20 %2019: 127.70 %2020: 147.10 %2021: 139.90 %2022: 153.30 %2023: 170.40 %2024: 165.80 %2025: 165.70 %199020082025165.70 %
36 official observations, 1990 → 2025. Every point is a published value — never interpolated.
Rank
#124 of 125
lower is better
Ranked behind
1 %
1 of 125 countries
Latest move
▼ 0.10 pp
since 2024
Below its peak
4.70 pp
peak 170.40 % in 2023
Full series
▲ 92.20 pp
since 1990

In Asia: #36 of 37vs median 54.70 %: +111.00 pp (worse)

Among 125 countries

6 of 125 countries between 12.30 % and 17.90 %2 of 125 countries between 17.90 % and 23.49 %10 of 125 countries between 23.49 % and 29.09 %11 of 125 countries between 29.09 % and 34.68 %8 of 125 countries between 34.68 % and 40.28 %9 of 125 countries between 40.28 % and 45.88 %7 of 125 countries between 45.88 % and 51.47 %13 of 125 countries between 51.47 % and 57.07 %8 of 125 countries between 57.07 % and 62.66 %10 of 125 countries between 62.66 % and 68.26 %4 of 125 countries between 68.26 % and 73.85 %3 of 125 countries between 73.85 % and 79.45 %7 of 125 countries between 79.45 % and 85.05 %6 of 125 countries between 85.05 % and 90.64 %2 of 125 countries between 90.64 % and 96.24 %6 of 125 countries between 96.24 % and 101.83 %2 of 125 countries between 101.83 % and 107.43 %1 of 125 countries between 107.43 % and 113.02 %2 of 125 countries between 113.02 % and 118.62 %1 of 125 countries between 124.22 % and 129.81 %2 of 125 countries between 135.41 % and 141.00 %5 of 125 countries between 141.00 % and 146.60 %median 54.70 %Singapore: ahead of 1 % of the 125 countries with a published government debtSingapore 165.70 % →12.30 %146.60 %
Half of all 125 countries sit between 36.10 % and 81.70 %. Singapore is ahead of 1 % of them. Axis trimmed to the 2nd–98th percentile; 5 values beyond it sit in the end bars.

The neighbourhood

#CountryGovernment debtvs Singapore
121 Bahrain144.30 %−21.40 pp
122 Greece146.60 %−19.10 pp
123 Libya153.80 %−11.90 pp
124 Singapore165.70 %—
125 Japan204.80 %+39.10 pp

General government gross debt as a share of GDP (IMF World Economic Outlook, annual).

How to read this figure

Central government debt as a share of GDP (World Bank). General government debt (including local government and social funds) can be meaningfully higher; comparisons across countries are indicative.

Next, about Singapore

Debt per personGDP growthInflation rate
Government debt, all countries ranked →Compare Singapore with another country →Everything about Singapore →
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