Fiatmap

MacroSingapore

Government debt in Singapore

How indebted is the state my taxes would go to?

Singapore's government debt is 171.30 % — #123 of 124 countries on the atlas (lower is better). Period 2025.

171.30%

Checked 8 Sept 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

171.30 %120.55 %69.80 %69.80 % · 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: 166.00 %2025: 171.30 %199020082025171.30 %
36 official observations, 1990 → 2025. Every point is a published value — never interpolated.
Rank
#123 of 124
lower is better
Ranked behind
1 %
1 of 124 countries
Latest move
▲ 5.30 pp
since 2024
Full series
▲ 97.80 pp
since 1990

In Asia: #36 of 37vs median 54.55 %: +116.75 pp (worse)

Among 124 countries

5 of 124 countries between 12.30 % and 17.86 %4 of 124 countries between 17.86 % and 23.42 %9 of 124 countries between 23.42 % and 28.97 %9 of 124 countries between 28.97 % and 34.53 %9 of 124 countries between 34.53 % and 40.09 %11 of 124 countries between 40.09 % and 45.65 %8 of 124 countries between 45.65 % and 51.21 %11 of 124 countries between 51.21 % and 56.77 %8 of 124 countries between 56.77 % and 62.32 %7 of 124 countries between 62.32 % and 67.88 %6 of 124 countries between 67.88 % and 73.44 %5 of 124 countries between 73.44 % and 79.00 %6 of 124 countries between 79.00 % and 84.56 %7 of 124 countries between 84.56 % and 90.12 %2 of 124 countries between 90.12 % and 95.67 %3 of 124 countries between 95.67 % and 101.23 %4 of 124 countries between 101.23 % and 106.79 %1 of 124 countries between 106.79 % and 112.35 %2 of 124 countries between 112.35 % and 117.91 %1 of 124 countries between 123.47 % and 129.02 %2 of 124 countries between 134.58 % and 140.14 %4 of 124 countries between 140.14 % and 145.70 %median 54.40 %Singapore: ahead of 1 % of the 124 countries with a published government debtSingapore 171.30 % →12.30 %145.70 %
Half of all 124 countries sit between 36.00 % and 80.30 %. 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
120 Lebanon139.40 %−31.90 pp
121 Greece145.70 %−25.60 pp
122 Bahrain147.60 %−23.70 pp
123 Singapore171.30 %—
124 Japan206.50 %+35.20 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 →
Did this answer your question?