Singapore Government Debt (% of GDP)
Central government debt only, not the broader general-government measure used on most other country pages here (no general-government series is currently available for Singapore).
167.8%
Matches the latest releaseNot refreshed recently, awaiting the next release
Explore the full Singapore economy10 live indicators on one dashboard, from growth and prices to jobs, trade and public finances. Updated automatically from official sources.Government Debt (% of GDP)
1990 to 2024
Source: FRED series DEBTTLSGA188A · World Bank World Development Indicators, central government debt, % of GDP, annual.
Singapore Government Debt (% of GDP) in context
Worked out from the published series shown above.
In Singapore, the government debt fell by 5.8pp in 2024, from 173.6% in 2023.
Over the past five years it has ranged from 127.9% in 2019 to 173.6% in 2023.
Its average since 1990 is 102.5%, and the latest reading is above that.
Singapore is 2nd of 62 countries in our Government Debt to GDP by Country ranking.
How this series is defined
Everything you need to check the figure against the source.
- Source
- World Bank via FRED
- Series
- DEBTTLSGA188A
- Frequency
- Annual
- Unit
- %
- Seasonal adjustment
- Not applicable, annual data
- Latest observation
- 2024
- Revision status
- Latest published estimate, subject to revision
Singapore's debt figures are also unusual because most government debt is issued to develop domestic capital markets and fund the reserves system, not to finance a deficit; unlike most countries, this is not primarily a sign of fiscal strain.
Data refreshed 2026-10-28. Figures are the latest published observations and can be revised.
More Singapore indicators
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