# Singapore Credit Rating & Sovereign Risk Score

Makrognosis sovereign credit model scores Singapore at 82 out of 100 as of 9 November 2026, equivalent to A+ on the familiar letter scale — investment grade.
The score is down 0.10 points from 82 on 1 October 2026.
That places Singapore 21st of the 84 economies the model scores; Russia has the highest score at 100.
Key inputs include government debt of 166.1% of GDP, a fiscal balance of 3.0% of GDP, a current account balance of 18.6% of GDP.
This is a model-implied assessment built from official macroeconomic data. It is not a credit rating issued by S&P, Moody's or Fitch, and agency ratings are not reproduced here.

- Source: Makrognosis sovereign credit model
- Makrognosis code: `CREDIT:SG`
- Scale: 0–100 (100 = strongest credit); grade equivalent is model-implied
- Page: https://makrognosis.robomacro.com/data/singapore/credit-rating

## Score history

| Date | Score | Grade equivalent |
|---|---:|---|
| 2026-11-09 | 81.5 | A+ |
| 2026-10-01 | 81.6 | A+ |
| 2026-07-31 | 81.6 | A+ |
| 2026-07-30 | 91.6 | AA |
| 2026-07-26 | 89.8 | AA |
| 2026-06-21 | 86.7 | AA- |
| 2026-06-18 | 90.6 | AA |

## Inputs

| Input | Value |
|---|---:|
| GDP per capita | US$98,814 |
| Real GDP growth, 5-year average | 5.2% |
| Inflation, recent average | 1.7% |
| Government debt | 166.1% of GDP |
| Fiscal balance | 3.0% of GDP |
| Current account balance | 18.6% of GDP |
| Foreign-exchange reserves | 6.3 months of imports |
| Governance (World Bank WGI composite) | 1.51 |

## API

```
GET https://makrognosis.robomacro.com/v1/credit/SG
```