External Debt in Singapore increased to 2029398.90 SGD Million in the second quarter of 2018 from 1967083.10 SGD Million in the first quarter of 2018. External Debt in Singapore averaged 1426675.37 SGD Million from 2003 until 2018, reaching an all time high of 2029398.90 SGD Million in the second quarter of 2018 and a record low of 854184 SGD Million in the second quarter of 2003.
External Debt in Singapore is expected to be 1994000.00 SGD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate External Debt in Singapore to stand at 2422000.00 in 12 months time. In the long-term, the Singapore Total Gross External Debt is projected to trend around 2735000.00 SGD Million in 2020, according to our econometric models.