Government Debt to GDP in Singapore increased to 131 percent in 2020 from 126.30 percent in 2019. source: Government of Singapore

Government Debt to GDP in Singapore averaged 93.65 percent from 1993 until 2020, reaching an all time high of 131 percent in 2020 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 March of 2021.

Government Debt to GDP in Singapore is expected to reach 140.00 percent by the end of 2021, 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 142.00 percent in 2022, according to our econometric models.

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Singapore Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
131.00 126.30 131.00 67.40 1993 - 2020 percent Yearly

Singapore Government Last Previous Highest Lowest Unit
Government Debt to GDP 131.00 126.30 131.00 67.40 percent [+]
Government Budget -13.90 -0.30 21.23 -13.90 percent of GDP [+]
Government Budget Value 3108.70 -1597.60 17603.90 -10922.00 SGD Million [+]
Government Spending 14068.80 14156.20 14291.70 833.20 SGD Million [+]
Government Revenues 10944.60 6246.20 24579.90 1664.60 SGD Million [+]
Fiscal Expenditure 7835.90 7843.80 16654.70 2544.20 SGD Million [+]
Credit Rating 100.00 [+]
Military Expenditure 10458.00 10196.00 10458.00 845.00 USD Million [+]
Government Debt 704721.40 690148.70 704721.40 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.